Goldman Sachs Of All People Warn Of Cyber Pandemic; Sounds Like Foreshadowing.

An expert at Goldman Sachs Group cautioned that the escalation of Russia’s conflict with Ukraine might lead to greater “malicious cyber activities” with the potential to cause enormous economic and social repercussions (GSG). According to studies, cyberattacks cost the global economy roughly $1 trillion every year, with two-thirds of them being blamed on Russia in…

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New Chinese Cyber Espionage Tool ‘Daxin’ Surfaces.

Security researchers at Symantec, a leading cybersecurity firm in the United States, have identified a “very sophisticated” Chinese hacking tool that has remained hidden for more than a decade. According to a US official, the discovery was shared with the US administration in recent months, who then shared the information with overseas allies. On Monday,…

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Amazon Web Services Potentially Hacked by China?

Amazon Web Services faced long outages on Tuesday, to which they promptly responded with claims of API and console issues. However, mainstream media has come forward presenting its suspicions against the Chinese Communist Party. CNN detailed their shared concerns with senior vice president and chief technology officer of cybersecurity firm Mandiant Charles Carmakal. “Over time,…

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