All articles by Pradeep Bairaboina

Pradeep Bairaboina

US sanctions Funnull Technology for $200m cyber scam

Funnull Technology facilitated these scams by purchasing large quantities of IP addresses from cloud service providers and distributing them to cybercriminals.

NHS trusts in London and Southampton hit by cyberattack, putting patient data at risk

A cyber intrusion – described as a covert data extraction effort – witnessed hackers exploit a vulnerability in Ivanti Endpoint Manager Mobile.

DragonForce exploits SimpleHelp in MSP breach

According to Sophos researchers, DragonForce’s breach of the managed service provider led to data theft and the encryption of customer-facing systems.

UK government initiates AI collaboration with Europe to drive growth

As part of the collaboration, public research institutions are invited to apply for hosting the UK’s AI Factory Antenna, which will connect UK research with European supercomputing resources.

Nova Scotia Power confirms data breach, customer information compromised

Nova Scotia Power has confirmed a ransomware attack that exposed data from 280,000 customers, but the company did not pay the ransom despite increasing threats to utilities.

US DOJ charges alleged leader of Qakbot botnet malware operation

The court documents indicate that Rustam Rafailevich Gallyamov has been associated with Qakbot since 2008 and began using it in 2019 to establish a botnet.

AI strategies transform only 25% of financial institutions, report finds

A BCG report reveals that only 25% of financial institutions have effectively leveraged AI for competitive advantage, while the majority remain on the sidelines.

Ransomware attack hits Peter Green Chilled, disrupting UK retail supply chain

Peter Green Chilled, a key UK distributor, faces a ransomware attack, which is disrupting its own operations and those of its retail clients.

Legal Aid Agency cyberattack exposes sensitive applicant data

The UK’s Legal Aid Agency has confirmed that a recent cyberattack was more severe than initially assessed, resulting in the theft of a substantial amount of sensitive applicant data.

88% of US firms to increase AI budgets amid agentic AI adoption, finds survey

A survey of 300 senior executives by PwC indicates that 88% of US companies plan to boost AI budgets in the next 12 months, with 79% already using AI agents and 66% seeing productivity gains.