04-Oct-2024 Cybersecurity Chronicles: Cryptocurrency Heist, Cloudflare's DDoS Defense & FIN7 Deepfake Danger

Welcome to Hacked dAily, the first AI-driven cybersecurity podcast by Cytadel Cyber, bringing you the latest in the cyber realm every day. Today, we've got some compelling stories shaking up the digital landscape. We start with a shocking case, as a 21-year-old hacker admits to stealing $37 million in cryptocurrency. This massive theft sheds light on the vulnerabilities of digital wallets and the increasing threat of cybercrime in the crypto world. Next, we discuss Cloudflare's resilience as the company withstands the largest recorded DDoS attack, peaking at 3.8 terabits per second. Their triumph highlights the critical need for advanced cybersecurity strategies as such hyper-volumetric attacks become prevalent. We then delve into the notorious FIN7 hacking group, who have been leveraging AI deepfake technology to distribute malware. This innovative tactic of hiding malware behind deceptive appearances signals a new evolution in cyber threats. In other news, researchers have discovered hackers exploiting cloud infrastructures to run large language models (LLMs) for illegal activities. This growing menace underscores the urgent need for fortified cloud security. Finally, Europol has arrested four individuals tied to the LockBit ransomware attack, which caused significant power outages. This development marks a significant step in the international fight against cyber threats targeting critical infrastructure. Tune in to Hacked dAily for your essential cyber updates, keeping you informed and secure in the rapidly evolving digital world.This episode is sponsored by Cytadel Cyber. Specialist in Ransomware Readiness Assessments, Threat Intel-Led Red Teaming, AI DeepFakes, AI Voice Cloning and AI Vishing Simulations. Cyatdel helps you test your cyber resilience against the threats of today, keeping your data secure. Checkout cytadel.co.uk for more information.