Bitcoin reached a new all-time high of $118,900 on Friday, surpassing its previous record of $113,822 set on Thursday. As Read more
Selling software to companies can be a daunting task, especially when it comes to meeting security requirements. Chas Ballew, founder Read more
Earlier this week, San Diego startup Gallant announced $18 million in funding to bring the first FDA-approved ready-to-use stem cell Read more
The world’s richest man buys out one of the most popular social media platforms and uses it as a propaganda Read more
U.K. authorities recently made a big move, arresting four individuals suspected of hacking into top British retail stores like Marks & Spencer, Harrods, and the Co-op earlier this year. The National Crime Agency disclosed that a 20-year-old woman, two 19-year-old men, and a 17-year-old youth were apprehended for their alleged involvement in hacking, blackmail, money laundering, and organized crime.
Hacking Spree Unveiled
Since April, these hackers have been wreaking havoc by infiltrating the Co-op and later Marks & Spencer to steal customer data. These cybercriminals, known as Scattered Spider, are experts in using impersonation and deception techniques to manipulate call centers and company help desks into giving them access to sensitive networks.
Ransomware Drama Unfolds
The hackers used this access to assist a ransomware group called DragonForce in deploying their malicious software on Marks & Spencer’s network. Fortunately, the Co-op managed to dodge the ransomware attack by taking down its network before the hackers could unleash the malware. Harrods also successfully thwarted a significant part of the cyberattack.
Stay tuned as the story continues to unfold with more updates on the aftermath of this hacking spree.
