CYBER INSIGHTS: Tuesday 27 August 2024 – Today’s SME Cybersecurity News & Intelligence

1). CAVEAT EMPTOR: CYBERCRIME GROUPS INVESTING MILLION IS THEIR SCAM INFRASTRUCTURE – Cyber Criminals invested substantial sums to facilitate the next wave of Cyber Attacks. By using Domain Generation Algorithms (DGAs) they have simply automated mass domain creation, ensuring a continuous supply for their criminal activities. However, these domains must be registered to be usable. Cybercrime Group Revolver Rabbit is believed to have leverage RDG Algorithms to register over 500,000 domains, costing over €900k