SS-NEWS-126: Hackers as Insider Traders and AI Study on Effectiveness

Episode 126 September 25, 2023 00:49:16
SS-NEWS-126: Hackers as Insider Traders and AI Study on Effectiveness
Security Serengeti
SS-NEWS-126: Hackers as Insider Traders and AI Study on Effectiveness

Sep 25 2023 | 00:49:16

/

Show Notes

Title 1: Russian infosec boss gets nine years for $100M insider-trading caper using stolen data


Summary: Vladislav Klyushin, owner of Russian firm M-13, was sentenced to nine years in the US for stealing corporate financial data and making $93 million through insider trading. He was only arrested because he flew to Switzerland for a Family Holiday. His four co-conspirators are still out there, probably still hacking.


Supporting Articles:


Title 2: FBI, CISA Issue Joint Warning on 'Snatch' Ransomware-as-a-Service


Summary: The FBI and CISA issue an advisory on the Snatch ransomware-as-a-service operation, highlighting its targeting of critical infrastructures and unique ability to force Windows systems to reboot in Safe Mode, evading antivirus detection.


Supporting Articles:


Title 3: Retool blames breach on Google Authenticator MFA cloud sync feature


Summary: Retool suffered a security breach after attackers compromised 27 cloud accounts through social engineering, exploiting a new Google Authenticator feature. This breach may be linked to the theft of $15 million from Fortress Trust.


Supporting Articles:


Title 4: Centaurs and Cyborgs on the Jagged Frontier


Summary: Wharton School of Business partnered with BCG to conduct an experiment on the efficiency of consultants using ChatGPT 4. AI-assisted tasks were completed faster and rated higher. The impact varied based on skill level, and the article discusses the implications of AI in the workforce.

If you found this interesting or useful, please follow us on Twitter @serengetisec and subscribe and review on your favorite podcast app!

Other Episodes

Episode 147

July 29, 2024 00:49:14
Episode Cover

SS-NEWS-147 - Does Phishing Education need to mature like Fire Drills did?

This week David and I talk about how current phishing tests closely resemble early attempts at fire drills, through the Google Security Blog, and...

Listen

Episode 148

September 09, 2024 00:54:59
Episode Cover

SS-RPRT-148: Picus Blue Report 2024

This week, David and I review the 2024 Picus Blue Report, in a more timely fashion than the last one.  As always, interesting insights....

Listen

Episode 136

February 12, 2024 00:49:58
Episode Cover

SS-RPRT-136: 2024 Security Predictions

This week we take a look at 2024 Security Predictions.  We found a summary article that listed 24 other companies predictions for the coming...

Listen