Welcome back to Week in Review, our newsletter where we wrap up many of the top stories to hit TechCrunch over the last seven days.
The big thing this week, based on what people were reading most, were the details of a memo sent from Y Combinator to its portfolio founders.
Blake Dowling: Ransomware to overthrow government — have hackers gone too far?
Ransomware has been in the headlines for years. As a refresher: ransomware is defined as a type of malicious software designed to block access to a computer system until a sum of money is paid .
Twenty-five years ago, cybersecurity was not top of mind for most of us. Ransomware did not exist by current definitions.
Hackers Exploiting VMware Horizon to Target South Korea with NukeSped Backdoor
The North Korea-backed Lazarus Group has been observed leveraging the Log4Shell vulnerability in VMware Horizon servers to deploy the NukeSped (aka Manuscrypt) implant against targets located in its southern counterpart.
"The attacker used the Log4j vulnerability on VMware Horizon products that were not applied with the security patch," AhnLab Security Emergency Response Center (ASEC) said in a new report.
Bank refuses to pay ransom to hackers, sends dick pics instead • Graham Cluley
I'm not sure if it would be enough for me to switch bank accounts, but I have something of a sneaking respect for the Bank of Zambia.
"The disruption, which affected some systems at the Bank such as the Bureau De Change Monitoring System and the Website, emanated from a suspected cybersecurity incident. We wish to advise that these systems have since been fully restored."
Russia Gets a Taste of Its Own Medicine as Hackers Target the Country | PCMag
The world is used to Russian hackers being a serious threat to businesses and infrastructure, but the tables have turned, and now Russia is increasingly the focus of attacks.
As Reuters reports (Opens in a new window) , Vladimir Putin held a meeting with the Russian government's Security Council today during which cyber attacks were a focus.
Action News Troubleshooters: Experts issue warning to protect your cryptocurrency accounts from ...
FBI: Hackers used malicious PHP code to grab credit card data | ZDNet
Liam Tung is a full-time freelance technology journalist who writes for several Australian publications.
The Federal Bureau of Investigations (FBI) is warning that someone is scraping credit card data from the checkout pages of US businesses' websites.
Andhra Pradesh: Hackers attempted to steal COVID-19 vaccine formula, says expert - The Hindu
CRCIDF Director Prasad Patibandla speaking at a meeting on cyber security, in Vijayawada on Saturday. | Photo Credit: G.N. RAO
Cybercrime investigator Manish Yadav explained on various case studies and asked the people to get themselves updated on cybersecurity.
Hackers, fake customers steal Rs 7.38 crore from Razorpay | The News Minute
The hackers tampered and manipulated the authorisation process of Razorpay to authenticate 831 failed transactions, according to a police complaint.
On contacting its authorisation and authentication partner' Fiserv, a fintech and payments company, it was communicated to Razorpay that these transactions had failed and were not authorised or authenticated, the complainant said.
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