Loraine Centeno

MUO •

What Is Cybercrime as a Service?

The cybercrime landscape has evolved to become a highly lucrative and organized business. Using the as-a-service business model, cybercriminals are now offering their services and hacking tools to anyone willing to pay for them or split the profits. Here’s what this trend is about and why we should all be worried about our digital security. What Is Cybercrime as a Service? Cybercrime as a Service (CaaS) is the umbrella term used to describe an organized business model that involves malware de
MUO •

Your Website Has Been DDoSed - But What Does DDoS Mean?

You may have heard of hackers taking down websites in a DDoS attack. During a DDos strike, users will see a server error message whenever they try to access the website or service. Companies who get DDoSed suffer thousands of dollars' worth of damages. The longer hackers keep their sites down, the more money victims lose. So what is a DDoS attack? What is the actual definition of a DDoS attack? A DDoS or Distributed Denial of Service is a type of cyberattack that targets web servers, database
BetaKit •

Global trends report shows AI adoption still lags in Canada

A new report, shared at the ALL IN conference in Montréal on Wednesday by data platform company WEKA, reveals key findings on the lagging adoption of artificial intelligence (AI) in Canada. The study, conducted by S&P Global Market Intelligence, gathered responses from 1500 AI professionals and decision-makers. The data, which offers an overall look at the current trends shaping AI adoption worldwide, noted an “astonishing rate of change” since the onset of ChatGPT 3 and the first wave of gener...
MUO •

What You Need To Know About Golang-Based Malware

Golang is becoming the programming language of choice for many malware developers. According to cybersecurity firm Intezer, there’s been an almost 2000 percent increase in the number of Go-based malware strains found in the wild since 2017. The number of attacks using this type of malware is expected to increase in the next couple of years. What’s most alarming is that we’re seeing many threat actors who are targeting multiple operating systems with strains from a single Go codebase.
MUO •

Watch Out for These Holiday Cyberattacks

The year's jolliest season can also be the most dangerous. Cybercriminals don't take holidays and are known to be more aggressive when people are thinking about Christmas, shopping, and eating. In 2023, online holiday sales reached $222.1 billion in the US alone. The boost in sales around the holidays attracts threat actors who want to take advantage of the increase in online transactions. According to SIRP, ransomware attacks surged 30%, and phishing attacks increased 35% during the 2023 ho...
BetaKit •

'It used to be lonely being Indigenous in tech' : How one tech founder’s question led to a community of hundreds

A series of conversations that sprung from one question soon evolved into a vibrant community of more than 340 Indigenous tech leaders, founders, and professionals spread geographically across Turtle Island. The Indigenous Tech Circle, which officially became a non-profit entity on National Indigenous Peoples Day (June 21st, 2024), now includes hundreds of members spread across the United States (US) and Canada. The group has monthly meet-ups and workshops, weekly intro sessions for new members...

Beware of These Microsoft Teams Phishing Scams

Hackers are using Microsoft Teams to spread phishing, vishing, and quishing campaigns, using social engineering to trick victims into sharing important private data. As one of the most popular collaborative work tools worldwide, there are millions of potential victims—but there are a few handy ways to spot a Microsoft Teams scam. MFA Authentication Scam Believed to be the same group behind the SolarWinds attack, this scam circumvents multifactor authentication using social engineering tactics. Attackers use previously compromised Microsoft 365 tenants to create a new security-themed "onmicrosoft.com" subdomain and add a new user. The actors also change the tenant name to "Microsoft Identity Protection" or something similar.
BetaKit •

Federal government’s massive $2 billion CAD loan to Telesat sparks Elon Musk debate

The federal government’s recent commitment to a homegrown satellite communications company has kicked off a conversation about government spending, national sovereignty, and Elon Musk. Ottawa-based satellite company Telesat secured a $2.14-billion CAD loan from the Canadian government and a $400 million loan from the Québec government last week. The combined financial boost totalling $2.54 billion CAD sparked a heated debate on X (formerly Twitter) over the weekend. The funding, for what is be...
MUO •

What Is a Remote Access Trojan?

RATS or Remote Access Trojans have gone a long way from the prank tool 90s kids used to spook their friends. From simply opening CD trays and controlling computers remotely to scare their victims, it has evolved into some of the most prevalent malware in the wild. Here’s everything you need to know about this Trojan and what you can do about a RAT infestation. A RAT is a Trojan, a type of malware disguised as something else that victims need—like a legitimate file, program, or app. It tricks
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