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TrendAI expands bug bounty to cover AI vulnerabilities

by Chief Editor May 20, 2026
written by Chief Editor

The New Frontier of Cyber Warfare: AI-Powered Zero Days

For years, the cybersecurity world viewed Artificial Intelligence (AI) as a futuristic tool—either a helpful assistant or a distant threat. That illusion has shattered. We are now entering an era where AI is not just the tool being used to attack, but the primary target of the attacks themselves.

The recent findings from the Pwn2Own Berlin competition serve as a wake-up call. With 47 unique zero-day vulnerabilities uncovered across AI databases, coding agents, and enterprise servers, the “attack surface” has expanded exponentially. When the prize money for these discoveries hits nearly $1.3 million, it signals to the global hacking community that AI vulnerabilities are the new gold mine.

Did you know? The Pwn2Own Berlin event saw NVIDIA join as a first-time sponsor, offering its own hardware for testing. This highlights a critical shift: the companies building the AI infrastructure are now actively seeking out their own flaws before malicious actors do.

Beyond the Chatbot: The Hidden AI Attack Surface

Most business leaders think of AI security in terms of “prompt injection” or data leakage from a chatbot. However, the real danger lies deeper in the software stack. The integration of AI into coding agents and databases means that a single flaw can provide a gateway into the heart of a corporate network.

Consider the recent exploits targeting Microsoft Exchange and VMware ESXi. These aren’t just “bugs”; they are systemic failures that allow for remote code execution. When these vulnerabilities are chained together—as seen with researchers from the DEVCORE Research Team—they can grant an attacker “SYSTEM” level privileges, essentially giving them the keys to the kingdom.

As companies integrate AI agents to automate workflows, these agents often require high-level permissions to function. If an agent is compromised via a zero-day vulnerability, the attacker doesn’t just control the AI—they control everything the AI has access to.

The Dangerous Gap: Why Patching Isn’t Enough

The industry is currently facing a “patching crisis.” There is a widening gap between the moment a vulnerability is disclosed and the moment a vendor releases a fix—and an even wider gap before a company actually applies that fix.

The Dangerous Gap: Why Patching Isn't Enough
AI security researcher at work

This window of opportunity is where most devastating breaches occur. Attackers are now using AI to automate the discovery of these gaps, running “attack chains” at a scale and speed that human security teams simply cannot match. The traditional cycle of Discover → Report → Patch → Deploy is too slow for the modern threat landscape.

Pro Tip for IT Managers: Don’t rely solely on vendor updates. Explore “Virtual Patching” solutions. By implementing security rules at the network level that block the exploit attempt before it reaches the vulnerable software, you can protect your systems even if the official patch hasn’t been deployed yet.

The Rise of Virtual Patching and Coordinated Disclosure

To counter the patching gap, the industry is shifting toward coordinated disclosure programs like the Zero Day Initiative (ZDI). By rewarding ethical hackers to find flaws privately, vendors get a head start on the fix.

The Rise of Virtual Patching and Coordinated Disclosure
The Rise of Virtual Patching and Coordinated Disclosure

the move toward “virtual patching” is becoming a competitive advantage. Organizations that can shield their infrastructure in real-time—often months ahead of the rest of the industry—are the only ones capable of surviving an environment where zero-days are discovered daily.

Global Implications: From Corporate Offices to Critical Infrastructure

This isn’t just a problem for Silicon Valley. In regions like Australia and New Zealand, AI adoption is moving rapidly from pilot projects into critical business functions and industrial settings. When AI manages power grids, water treatment, or financial ledgers, a zero-day vulnerability is no longer just a data risk—it’s a national security risk.

The trend is clear: AI is no longer a separate “silo” of technology. It is being woven into the very fabric of enterprise infrastructure. This means security teams must stop treating AI security as a niche specialty and start treating it as a core component of their overall risk management strategy.

Frequently Asked Questions

What is a “Zero-Day” vulnerability?

A zero-day is a software flaw that is unknown to the vendor. The term “zero-day” refers to the fact that the vendor has had zero days to fix the problem before it potentially becomes known to attackers.

Frequently Asked Questions
NVIDIA sponsored zero-day vulnerability demo

How does AI make cyberattacks more dangerous?

AI allows attackers to automate the process of finding vulnerabilities and executing complex “attack chains” at a speed and scale that was previously impossible for human hackers.

What is Pwn2Own?

Pwn2Own is a prestigious hacking competition where security researchers are paid to demonstrate exploits against widely used software and hardware, encouraging vendors to fix these flaws.

What is virtual patching?

Virtual patching is a security layer (usually at the network or WAF level) that intercepts an exploit attempt before it reaches the vulnerable application, providing protection while the official software patch is being developed or deployed.

Is Your Infrastructure Ready for the AI Era?

The attack surface is growing, and the window for patching is shrinking. Don’t wait for a breach to audit your AI integrations.

Join the conversation: Do you think AI will eventually automate away the need for human security analysts, or will it make them more essential than ever? Let us know in the comments below or subscribe to our newsletter for weekly deep-dives into cybersecurity trends.

May 20, 2026 0 comments
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Tech

Government entities in Queensland unaware of cybersecurity vulnerabilities, audit office report finds

by Chief Editor March 26, 2026
written by Chief Editor

Queensland Government Systems Exposed: A Wake-Up Call for Cybersecurity

A recent cybersecurity audit has revealed significant vulnerabilities within Queensland government systems, with auditors gaining “the highest level of access” to two entities. The findings underscore a growing concern: Australian public sector organizations are increasingly susceptible to cyberattacks, particularly those originating through third-party vendors.

The Scope of the Problem: Third-Party Risk

The audit, conducted by the Queensland Auditor-General, tested the IT security controls of a state government entity, a local government and a statutory body. The report highlighted a critical gap in awareness: these entities lacked a clear understanding of their vulnerability to third-party cybersecurity threats. Auditors were able to obtain passwords, access systems, and extract sensitive information beyond the intended scope for third-party users.

“For two of them, we were able to bypass controls and gain the highest level of access to their IT environments.”

Contractual Loopholes and Unmonitored Risks

A key finding was the inadequacy of contractual safeguards. Only two out of 36 contracts reviewed included requirements for third parties to report cybersecurity incidents or vulnerabilities. This lack of oversight leaves organizations blind to potential risks within their supply chain. Without these reporting mechanisms, entities are unable to effectively manage and mitigate threats originating from external sources.

A Pattern of Weaknesses: Beyond the Audit

This audit isn’t an isolated incident. Recent reports indicate a broader trend of cybersecurity breaches impacting Queensland public services. Queensland councils have already been targeted by sophisticated scams, resulting in millions of dollars lost, despite prior warnings. The Customer Services, Open Data and Small and Family Business department was found to not be actively assessing or monitoring the cyber capabilities of its third parties.

The Commonwealth’s Warning Ignored

The Queensland government has been aware of these risks since 2021, when the Commonwealth’s cybersecurity agency flagged them. Though, the development of a comprehensive framework to manage third-party cybersecurity risks has been slow.

Future Trends: What’s on the Horizon?

The current situation points to several emerging trends in cybersecurity that Queensland, and Australia more broadly, must address:

1. The Rise of AI-Powered Attacks

As seen with the recent scams targeting Queensland councils, attackers are increasingly leveraging artificial intelligence to create more sophisticated and convincing phishing campaigns and malware. This requires a shift towards AI-driven threat detection and response systems.

2. Increased Focus on Supply Chain Security

Governments and organizations will need to move beyond basic vendor risk assessments and implement continuous monitoring of their supply chain. This includes regular security audits, penetration testing, and vulnerability scanning of third-party systems.

3. Zero Trust Architecture Adoption

The principle of “never trust, always verify” is gaining traction. Zero Trust architecture assumes that no user or device, whether inside or outside the network perimeter, is inherently trustworthy. This requires strict identity verification, least privilege access controls, and micro-segmentation of networks.

4. Cybersecurity as a Shared Responsibility

Effective cybersecurity requires collaboration between government, industry, and individuals. This includes information sharing, joint threat intelligence initiatives, and public awareness campaigns.

Recommendations and Next Steps

The Auditor-General has recommended that all public sector entities and local governments review and update their IT systems, improve identification of suspicious activity, and strengthen contract management practices. The Local Government Minister has committed to writing to each council to emphasize the importance of implementing these recommendations.

Ann Leahy says her department will write to each council to “emphasise the importance of implementing the recommendations”. (AAP: Darren England)

FAQ

Q: What is third-party risk in cybersecurity?
A: Third-party risk refers to the potential for cyberattacks to originate through vulnerabilities in an organization’s vendors, suppliers, or other external partners.

Q: Why are contracts important for cybersecurity?
A: Contracts should clearly outline cybersecurity requirements for third parties, including incident reporting obligations and security standards.

Q: What is Zero Trust architecture?
A: Zero Trust is a security framework based on the principle of “never trust, always verify,” requiring strict identity verification and access controls.

March 26, 2026 0 comments
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News

Latvia’s SAB warns of Russian ICS cyber threat to European and Western critical infrastructure

by Rachel Morgan News Editor January 28, 2026
written by Rachel Morgan News Editor

Russia continues to engage in sabotage, information operations, and cyberattack preparations targeting industrial control systems (ICS) in Latvia and other Western nations. These actions, identified by the Latvian Constitution Protection Bureau (SAB) in its 2025 annual report, are intended to create uncertainty, disrupt services, and retaliate against support for Ukraine, as well as discourage future assistance.

Rising Cyber Threats in Europe

The SAB report warns of significantly increasing security risks posed by Russia across Europe, noting a sustained high number of sabotage and cyber incidents. According to the report, Russia remains the primary cyber threat to Latvia, driven by its broader strategic goals and Latvia’s support for Ukraine’s defense efforts.

Did You Know? The Latvian Cabinet of Ministers adopted new cybersecurity regulations on June 25th of last year, setting minimum requirements for critical infrastructure and overseen by the SAB.

While the overall number of registered cyber threats reached an all-time high in 2025 – a multiple increase since Russia’s 2022 invasion of Ukraine – most incidents involved cybercrime and digital fraud, posing limited risk to critical infrastructure. However, the SAB highlights a growing concern regarding threats to operational technology (OT) environments, which control essential services like energy, water, and transportation.

Vulnerabilities in Operational Technology

OT systems, increasingly managed remotely, often lack adequate cybersecurity measures, creating opportunities for malicious actors to gain access and disrupt vital services. ENISA reported that 18.2 percent of cyberattacks in Europe now target operational technologies. Russian hacktivists, the SAB notes, have demonstrated the capability to attack ICS systems in Latvia and elsewhere, aiming to cause disruption and sow discord.

Recent incidents illustrate this threat. In April, a cyberattack in Norway exploited a weak password to manipulate a dam’s water flow. In August, Russian hacktivists successfully shut down a hydroelectric power plant in Gdansk by remotely accessing and altering control systems. So far, Latvian vulnerabilities have been identified through monitoring, and no significant incidents endangering critical infrastructure have been recorded.

Expert Insight: The focus on OT systems represents a significant escalation in cyber risk. These systems, often older and less protected than traditional IT networks, control the physical world, meaning successful attacks can have real-world consequences beyond data breaches.

The report also details ongoing Distributed Denial of Service (DDoS) attacks against Latvian government, municipal, and critical infrastructure entities. These attacks, often timed to coincide with significant dates or political announcements, aim to disrupt services and undermine public trust. A large DDoS attack occurred last July following a Latvian company’s win in an international drone procurement competition.

Frequently Asked Questions

What is the primary cyber threat to Latvia, according to the SAB report?

According to the SAB report, Russia continues to pose the main cyber threat to Latvia due to its strategic goals and Latvia’s support for Ukraine.

What are operational technologies and why are they a growing concern?

Operational technologies are the equipment and software used to control physical processes and infrastructure, such as energy, water, and transport. They are a growing concern because they often lack sufficient cybersecurity and are vulnerable to disruption.

Have any significant cyber incidents impacted Latvian critical infrastructure?

The SAB reported that significant incidents endangering critical infrastructure and vital services have not been registered in Latvia as of 2025, though vulnerabilities have been identified through monitoring.

Given the evolving threat landscape, will Latvia and other Western nations be able to effectively defend against increasingly sophisticated cyberattacks targeting critical infrastructure?

January 28, 2026 0 comments
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Tech

Cisco Fixes Actively Exploited Zero-Day CVE-2026-20045 in Unified CM and Webex

by Chief Editor January 22, 2026
written by Chief Editor

Cisco Zero-Days: A Harbinger of Increased Attacks on Collaboration Tools?

The recent disclosure of CVE-2026-20045, a critical zero-day vulnerability impacting Cisco’s Unified Communications and Webex Calling platforms, isn’t an isolated incident. It’s a stark reminder of a growing trend: collaboration tools are rapidly becoming prime targets for malicious actors. This vulnerability, already exploited in the wild, allows unauthenticated remote code execution – a worst-case scenario for any organization. The speed with which the U.S. Cybersecurity and Infrastructure Security Agency (CISA) added this to its Known Exploited Vulnerabilities (KEV) catalog, mandating fixes for federal agencies, underscores the severity of the threat.

The Expanding Attack Surface of Unified Communications

For years, network infrastructure devices like routers and firewalls received the bulk of security attention. However, the shift towards hybrid and remote work has dramatically expanded the attack surface. Unified Communications (UC) systems – encompassing voice, video conferencing, messaging, and collaboration platforms – are now critical to business operations, and therefore, incredibly attractive to attackers. These systems often handle sensitive data and provide access points to internal networks.

The complexity of modern UC deployments also contributes to the risk. Integrating various applications and services creates multiple potential entry points for attackers. A 2024 report by Verizon’s DBIR showed a 60% increase in breaches involving collaboration tools compared to the previous year, highlighting this escalating threat.

Zero-Day Exploitation: A Rising Tide

The fact that CVE-2026-20045 was actively exploited as a zero-day – meaning before a patch was available – is particularly concerning. Zero-day exploits are notoriously difficult to defend against, as organizations have no prior warning. The increasing sophistication of threat actors, coupled with the growing market for zero-day vulnerabilities, suggests this trend will continue. We’ve already seen this play out with the recent critical vulnerability in Cisco Secure Email Gateway (CVE-2025-20393), demonstrating a pattern of targeting Cisco products.

Pro Tip: Implement a robust vulnerability management program that includes continuous monitoring for new threats and rapid patching capabilities. Prioritize vulnerabilities based on their severity and potential impact.

Beyond Cisco: A Broader Industry Challenge

While Cisco is currently in the spotlight, the vulnerability isn’t unique to their products. Similar vulnerabilities have been discovered in other leading UC platforms, including Microsoft Teams, Zoom, and Slack. This suggests a systemic issue within the industry – a need for more secure-by-design development practices and rigorous security testing.

The rise of supply chain attacks further complicates the situation. UC platforms often rely on third-party components and integrations, which can introduce vulnerabilities. Organizations need to carefully assess the security posture of their vendors and ensure they have adequate security controls in place.

The Role of AI in Both Attack and Defense

Artificial intelligence (AI) is playing an increasingly significant role in cybersecurity, both for attackers and defenders. Attackers are using AI to automate vulnerability discovery, craft more sophisticated phishing attacks, and evade detection. Conversely, AI-powered security tools can help organizations detect and respond to threats more quickly and effectively.

Did you know? AI-powered threat intelligence platforms can analyze vast amounts of data to identify emerging threats and predict future attacks.

Future Trends: What to Expect

Several key trends are likely to shape the future of UC security:

  • Increased Focus on Zero Trust: Adopting a Zero Trust architecture, which assumes no user or device is trusted by default, will be crucial for securing UC environments.
  • Enhanced Endpoint Security: Protecting endpoints – laptops, smartphones, and other devices used to access UC platforms – will become even more important.
  • AI-Driven Security Automation: Organizations will increasingly rely on AI-powered tools to automate security tasks, such as threat detection, incident response, and vulnerability management.
  • Secure SD-WAN Integration: As more organizations adopt Secure SD-WAN, integrating UC security with SD-WAN infrastructure will be essential.
  • Greater Regulatory Scrutiny: Governments are likely to increase regulatory scrutiny of UC security, particularly in industries that handle sensitive data.

FAQ

Q: What is a zero-day vulnerability?
A: A zero-day vulnerability is a software flaw that is unknown to the vendor and for which no patch is available. This makes it particularly dangerous, as attackers can exploit it before defenses can be put in place.

Q: What is CISA’s KEV catalog?
A: The KEV catalog lists vulnerabilities that have been actively exploited in the wild. Federal agencies are required to patch these vulnerabilities within a specified timeframe.

Q: How can I protect my organization from UC vulnerabilities?
A: Implement a robust vulnerability management program, adopt a Zero Trust architecture, enhance endpoint security, and stay informed about the latest threats.

Q: What is the CVSS score?
A: The Common Vulnerability Scoring System (CVSS) is an open framework for communicating the characteristics and severity of software vulnerabilities. A higher score indicates a more critical vulnerability.

To stay ahead of evolving threats, regularly review your security posture, prioritize patching, and invest in advanced security solutions. Explore our other articles on cybersecurity best practices and threat intelligence to learn more about protecting your organization.

January 22, 2026 0 comments
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Tech

OpenAI Launches ChatGPT Health with Isolated, Encrypted Health Data Controls

by Chief Editor January 8, 2026
written by Chief Editor

The Rise of AI Health Companions: Beyond ChatGPT Health

OpenAI’s launch of ChatGPT Health marks a pivotal moment, but it’s just the beginning. The integration of artificial intelligence into personal healthcare is rapidly accelerating, driven by user demand for accessible information and proactive health management. This isn’t simply about chatbots answering medical questions; it’s about creating personalized, preventative health ecosystems.

The Data-Driven Future of Personalized Health

ChatGPT Health’s ability to connect with apps like Apple Health, MyFitnessPal, and Peloton is a key indicator of where things are headed. The real power lies in the aggregation and analysis of this data. Imagine an AI not just telling you to exercise more, but suggesting a specific Peloton class based on your recent sleep data from Apple Health, your dietary intake from MyFitnessPal, and even factoring in local air quality to optimize your outdoor workout. This level of granular personalization was science fiction just a few years ago.

According to a recent report by Grand View Research, the global AI in healthcare market is projected to reach $187.95 billion by 2030, growing at a CAGR of 38.4% from 2023. This explosive growth is fueled by increasing volumes of health data, advancements in machine learning, and a growing need to address healthcare costs and accessibility.

Addressing the Risks: Privacy, Accuracy, and the Human Touch

The recent scrutiny surrounding AI-generated health information – highlighted by The Guardian’s investigation into Google AI Overviews and tragic cases of individuals receiving harmful advice from chatbots – underscores the critical need for robust safeguards. OpenAI’s emphasis on data isolation, encryption, and non-use of health data for model training are crucial steps. However, these measures must be continuously refined.

The lawsuits facing OpenAI and Character.AI serve as stark reminders that AI is not a substitute for human medical professionals. AI should augment, not replace, the doctor-patient relationship. The HealthBench benchmark, developed by OpenAI, is a positive step towards evaluating AI’s clinical accuracy, but independent validation and ongoing monitoring are essential.

Did you know? A study published in the Journal of the American Medical Informatics Association found that AI-powered diagnostic tools can achieve accuracy rates comparable to human doctors in certain specialties, but often struggle with rare or complex cases.

Beyond Chatbots: Emerging Trends in AI Healthcare

The future of AI in healthcare extends far beyond conversational interfaces. Here are some key trends to watch:

  • AI-Powered Diagnostics: AI algorithms are being used to analyze medical images (X-rays, MRIs, CT scans) with increasing accuracy, aiding in early detection of diseases like cancer and Alzheimer’s.
  • Drug Discovery and Development: AI is accelerating the drug discovery process by identifying potential drug candidates, predicting their efficacy, and optimizing clinical trial design.
  • Remote Patient Monitoring: Wearable sensors and AI-powered platforms are enabling continuous monitoring of patients’ vital signs and health data, allowing for proactive intervention and personalized care.
  • Mental Health Support: AI chatbots and virtual therapists are providing accessible and affordable mental health support, particularly for individuals in underserved communities.
  • Predictive Analytics for Public Health: AI is being used to predict disease outbreaks, identify at-risk populations, and optimize resource allocation for public health initiatives.

The Role of Regulation and Ethical Considerations

As AI becomes more deeply integrated into healthcare, robust regulatory frameworks are needed to ensure patient safety, data privacy, and algorithmic fairness. The FDA is actively developing guidelines for the approval of AI-powered medical devices, but a comprehensive and adaptable regulatory approach is crucial.

Ethical considerations, such as bias in algorithms and the potential for job displacement, must also be addressed proactively. Transparency, accountability, and human oversight are essential to building trust in AI-powered healthcare solutions.

Pro Tip: When using AI health tools, always verify information with a qualified healthcare professional. AI should be seen as a supplement to, not a replacement for, traditional medical care.

The Expanding Ecosystem: Competition and Collaboration

OpenAI isn’t alone in this space. Google, Microsoft, and numerous startups are investing heavily in AI healthcare solutions. We’re likely to see increased competition, leading to innovation and lower costs. However, collaboration between AI developers, healthcare providers, and regulatory agencies will be essential to realizing the full potential of this technology.

The integration of AI into electronic health records (EHRs) is also a key area of development. AI can help streamline clinical workflows, reduce administrative burdens, and improve the accuracy of medical documentation.

Frequently Asked Questions (FAQ)

  • Is AI healthcare safe? AI healthcare tools are generally safe when used responsibly and with appropriate safeguards. However, it’s crucial to verify information with a healthcare professional and be aware of potential risks.
  • Will AI replace doctors? No, AI is not expected to replace doctors. It will augment their capabilities, allowing them to focus on more complex cases and provide more personalized care.
  • How is my health data protected? Reputable AI healthcare providers employ robust security measures, such as encryption and data isolation, to protect patient data.
  • What are the limitations of AI in healthcare? AI can struggle with rare or complex cases, and it may be susceptible to bias in algorithms. Human oversight is essential.

The future of healthcare is undeniably intertwined with artificial intelligence. By embracing innovation while prioritizing safety, ethics, and the human touch, we can unlock the transformative potential of AI to improve health outcomes for all.

Want to learn more? Explore our other articles on digital health and artificial intelligence. Subscribe to our newsletter for the latest updates and insights.

January 8, 2026 0 comments
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Tech

Digital finance in 2026: what to expect as pilot schemes move into real-world use

by Chief Editor January 5, 2026
written by Chief Editor

The Future of Digital Finance: Beyond Silos and Towards Interoperability

Digital finance is no longer a futuristic concept; it’s rapidly becoming the norm. Stablecoins, tokenized assets, and the exploration of Central Bank Digital Currencies (CBDCs) are reshaping how we think about money and financial systems. However, the next phase – the period leading up to and beyond 2026 – won’t be about simply *more* digital options. It will be defined by how well these systems can talk to each other.

The Fragmentation Risk: Why Interoperability Matters

Currently, the digital finance landscape is fragmented. Numerous stablecoin initiatives, tokenization platforms, and CBDC explorations are happening in isolation. This creates “walled gardens,” where liquidity and assets can become trapped within specific regulatory frameworks or technological limitations. Florian Spiegl, CEO of Evident Group, highlights that the biggest challenges aren’t technical, but rather regulatory, geopolitical, and operational. Recent cyberattacks and bridge failures – like the $200 million exploit of the Wormhole bridge in February 2022 – demonstrate the vulnerabilities inherent in connecting these disparate ledgers.

Imagine a scenario where a business in the US wants to pay a supplier in Europe using different stablecoins, each operating under different regulations. Without interoperability, this simple transaction could become a complex, costly, and time-consuming process involving multiple exchanges and conversions.

Hong Kong: A Model for Cross-Border Digital Finance

Hong Kong is emerging as a potential blueprint for navigating this complexity. Deng Chao, CEO of HashKey Capital, points to Hong Kong’s proactive regulatory frameworks and commitment to institutional-grade readiness as key factors. The city-state is actively fostering cross-border cooperation and establishing concrete compliance standards. This approach is attracting major economies and commercial institutions, signaling a move towards mainstream adoption.

Did you know? Hong Kong issued the first digital green bonds tokenized on a public blockchain in 2023, demonstrating its commitment to innovation in the financial sector. Source: Reuters

The Role of Regulation and Use Cases

Regulation is paramount. Blockchain and Web3 technologies are inherently global, but their real-world applications require a strong regulatory foundation and a focus on practical use cases. Simply replicating traditional financial instruments on a blockchain isn’t enough. The value lies in creating new efficiencies, increasing transparency, and expanding access to financial services.

Consider supply chain finance. Tokenizing invoices and automating payments through smart contracts can significantly reduce costs and improve efficiency for businesses of all sizes. Similarly, tokenizing real estate can democratize investment opportunities and increase liquidity in a traditionally illiquid market. The World Economic Forum estimates that tokenization could unlock trillions of dollars in value currently tied up in illiquid assets.

CBDCs: A Catalyst for Change?

The exploration of CBDCs by over 130 jurisdictions is a significant development. While the motivations vary – from improving payment efficiency to enhancing financial inclusion – CBDCs have the potential to fundamentally alter the financial landscape. However, interoperability between different CBDCs, and between CBDCs and existing payment systems, will be crucial to realizing their full potential.

Pro Tip: Keep an eye on Project Dunbar, a collaborative initiative involving multiple central banks exploring the feasibility of cross-border CBDC payments. Learn more at the Bank for International Settlements website.

Navigating the Challenges: Security and Scalability

Beyond interoperability and regulation, security and scalability remain critical challenges. The digital finance space is a prime target for cyberattacks, and robust security measures are essential to protect assets and maintain trust. Scalability is also crucial, as current blockchain networks often struggle to handle the transaction volumes required for mainstream adoption. Layer-2 solutions and other scaling technologies are actively being developed to address this issue.

FAQ: Digital Finance in 2026 and Beyond

  • What is interoperability in digital finance? It’s the ability of different digital finance systems (stablecoins, CBDCs, tokenization platforms) to seamlessly connect and exchange value.
  • Why is regulation important for digital finance? Regulation provides a framework for security, compliance, and consumer protection, fostering trust and encouraging adoption.
  • What are tokenized assets? They are representations of real-world assets (like real estate or commodities) on a blockchain, offering increased liquidity and accessibility.
  • Will CBDCs replace traditional currencies? It’s unlikely they will completely replace them, but they will likely coexist and offer alternative payment options.

The future of digital finance isn’t about a single winner-takes-all solution. It’s about building a connected, regulated, and use-case-driven ecosystem that leverages the power of blockchain and Web3 technologies to create a more efficient, transparent, and inclusive financial system.

What are your thoughts on the future of digital finance? Share your insights in the comments below!

Explore more articles on blockchain technology and the future of finance here.

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January 5, 2026 0 comments
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Cyber attacks that occurred this year and how you can protect your data

by Chief Editor December 27, 2025
written by Chief Editor

It’s been a relentless year for cyber security, with millions of Australians
seeing their personal data fall into the hands of increasingly sophisticated
criminals. From healthcare providers to financial institutions and even
government agencies, no sector has been immune. The fallout isn’t just
personal – businesses are facing potentially crippling financial losses.

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The Rising Tide of Data Breaches

The Office of the Australian Information Commissioner (OAIC) recently
launched a
Notifiable Data Breaches (NDB) statistics dashboard
to provide transparency on the scale and nature of these incidents. Between
January and June, 532 breaches were reported, with malicious attacks
accounting for over half. And experts warn the second half of the year
shows no sign of slowing down.

But the publicly reported numbers may only be the tip of the iceberg. As ANU
cybersecurity expert Vanessa Teague points out, the most damaging breaches
often go undetected. “The most effective attacks are surreptitious… there’s
no particular reason an intrusion would be noticed. Even if it is noticed
by the service provider, the affected people may not be notified,” she
explains.

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Vanessa Teague says cyber attacks are constantly improving.

Supplied: Vanessa Teague

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The Future of Cybercrime: What’s on the Horizon?

The trends point to a future where cyberattacks become even more
sophisticated, targeted, and frequent. Several key developments are likely
to shape this landscape:

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data-component=”Heading”>
AI-Powered Attacks

Artificial intelligence (AI) is a double-edged sword. While it can enhance
cyber defenses, it’s also being weaponized by attackers. Expect to see
AI-driven phishing campaigns that are incredibly realistic and personalized,
making them harder to detect. AI can also automate vulnerability scanning
and exploit development, accelerating the pace of attacks.

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data-component=”Heading”>
Ransomware Evolution

Ransomware isn’t going away. Instead, it’s evolving. We’re already seeing
“double extortion” tactics, where attackers not only encrypt data but also
threaten to release it publicly. Future ransomware attacks may target
critical infrastructure, with potentially devastating consequences. The
recent Qantas breach, where hackers threatened to release customer data if a
ransom wasn’t paid, is a stark example of this trend.

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sizes=”100vw”
src=”https://live-production.wcms.abc-cdn.net.au/c6499cd148dcf327945d6d39dc52a9d1?impolicy=wcms_crop_resize&amp;cropH=2000&amp;cropW=3000&amp;xPos=0&amp;yPos=0&amp;width=862&amp;height=575”
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Vanessa Teague says companies should not pay ransoms to hackers as it
only incentivises them to steal again.

Pexels

Paying ransoms only fuels the problem, as Dr. Teague emphasizes: “Ransomware
is a highly organised market, the money they get from one attack is simply
redeployed to improve their performance for subsequent attacks.”

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Supply Chain Attacks

Attacks targeting the software supply chain are becoming increasingly common.
By compromising a single vendor, attackers can gain access to a vast network
of customers. This makes supply chain attacks particularly dangerous and
difficult to defend against.

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Protecting Yourself in a Risky Digital World

While the threat landscape is evolving, individuals and organizations can
take steps to mitigate their risk. Dr. Teague stresses the importance of
proactive security measures.

“It’s unfortunate that [the government doesn’t] mention encrypting data,
because that would significantly help in mitigating the damage done by a
data breach,” she says. Encryption renders data unreadable to unauthorized
parties, even if a breach occurs.

Updating the Privacy Act to hold organizations accountable for data security
is also crucial. Furthermore, minimizing data collection and retention
reduces the potential impact of a breach. As Privacy Commissioner Carly
Kind notes, “Lengthy data retention beyond what is reasonable continues to
be an aggravating factor in data breaches.”

On a personal level, adopting end-to-end encrypted communication tools
(Signal, iMessage, WhatsApp) and using privacy-focused browsers with ad
blockers can significantly enhance your digital security. Be mindful of the
data you share online and avoid providing unnecessary personal information.

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<img
alt=”Carly Kind, a woman with brown hair smiles at camera.”
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src=”https://live-production.wcms.abc-cdn.net.au/a15050b8413de898854f7d8cc5781c3f?impolicy=wcms_crop_resize&amp;cropH=1426&amp;cropW=2139&amp;xPos=0&amp;yPos=217&amp;width=862&amp;height=575”
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Carly Kind says data breaches continue to be prevalent in our digital
age.

Supplied: OAIC

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data-component=”Typography”

Genea patients push for justice

Patients of fertility giant Genea want the company held to account for a
data breach earlier this year, amid concerns that some of its IT systems
continue to fall short of best practice.


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data-component=”Heading”>
FAQ: Staying Safe Online

**Q: What is multi-factor authentication (MFA)?**
A: MFA adds an extra layer of security by requiring a second verification
method (like a code sent to your phone) in addition to your password.

**Q: Should I use the same password for all my accounts?**
A: Absolutely not! Use strong, unique passwords for each account. A password
manager can help you generate and store them securely.

**Q: What should I do if I suspect I’ve been hacked?**
A: Immediately change your passwords, contact your bank and any affected
service providers, and report the incident to relevant authorities.

**Q: Is a VPN (Virtual Private Network) helpful?**
A: A VPN can encrypt your internet traffic and mask your IP address, adding
a layer of privacy, especially on public Wi-Fi networks.

The cyber security landscape is constantly shifting. Staying informed,
adopting proactive security measures, and demanding greater accountability
from organizations are essential steps in protecting yourself and your data in
the years to come.

December 27, 2025 0 comments
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Tech

New MongoDB Flaw Lets Unauthenticated Attackers Read Uninitialized Memory

by Chief Editor December 27, 2025
written by Chief Editor

MongoDB Vulnerability: A Harbinger of Future Database Security Challenges

A recently disclosed high-severity flaw in MongoDB (CVE-2025-14847) – allowing unauthenticated read access to heap memory – isn’t just a patch-and-move-on situation. It’s a stark reminder of the evolving threat landscape facing database security, and a glimpse into challenges we’ll see amplified in the coming years. This vulnerability, stemming from improper handling of length parameters in Zlib compression, highlights a growing trend: attacks exploiting low-level protocol weaknesses.

The Rise of Protocol-Level Attacks

For years, database security focused heavily on authentication, authorization, and encryption. While these remain crucial, attackers are increasingly targeting the underlying protocols that databases use to communicate. The MongoDB flaw is a prime example. It doesn’t require bypassing login credentials; it exploits a weakness in how data is compressed and transmitted.

We’ve seen similar trends in other areas. The Log4Shell vulnerability (CVE-2021-44228) demonstrated the devastating impact of flaws in widely used logging libraries. These aren’t application-level bugs; they’re fundamental weaknesses in the infrastructure that supports applications. Expect more of this. As software supply chains become more complex, the attack surface expands, and these lower-level vulnerabilities become increasingly attractive targets.

Pro Tip: Regularly audit your database configurations, paying close attention to compression settings and protocol versions. Disabling unnecessary features, like Zlib compression as a temporary mitigation, can significantly reduce your risk.

The Expanding Attack Surface: Cloud and Distributed Databases

The shift to cloud-native and distributed database architectures introduces new layers of complexity – and new potential vulnerabilities. Databases are no longer monolithic entities residing within a secure perimeter. They’re often fragmented across multiple cloud providers, utilizing microservices, and exposed through APIs.

This distributed nature makes it harder to maintain consistent security policies and monitor for malicious activity. A vulnerability in one component can potentially compromise the entire system. Consider the increasing adoption of multi-model databases – databases that support multiple data models (document, graph, key-value) within a single system. Each model introduces its own unique security considerations.

According to Gartner, by 2026, 70% of new database deployments will be cloud-native. This trend necessitates a shift towards cloud-native security tools and practices, including robust identity and access management (IAM), data loss prevention (DLP), and continuous monitoring.

AI-Powered Attacks and Database Security

Artificial intelligence (AI) is a double-edged sword. While AI can enhance database security through threat detection and automated vulnerability management, it can also be used by attackers to automate and scale their attacks.

AI-powered fuzzing, for example, can rapidly identify vulnerabilities in database protocols and APIs. AI can also be used to craft sophisticated SQL injection attacks that bypass traditional security measures. Furthermore, AI can analyze database traffic patterns to identify sensitive data and potential targets.

A recent report by IBM Security highlights the growing use of AI by cybercriminals, with a significant increase in AI-powered phishing attacks and malware campaigns. Database security teams need to proactively adopt AI-driven security solutions to stay ahead of these evolving threats.

The Importance of Zero Trust Database Security

The traditional “trust but verify” security model is no longer sufficient. The principle of Zero Trust – never trust, always verify – is becoming increasingly essential for database security. This means implementing strict access controls, continuously monitoring user activity, and verifying the integrity of data at every stage of the lifecycle.

Zero Trust database security involves several key components:

  • Microsegmentation: Isolating database workloads to limit the blast radius of a potential breach.
  • Multi-Factor Authentication (MFA): Requiring multiple forms of authentication to access sensitive data.
  • Data Encryption: Protecting data both in transit and at rest.
  • Continuous Monitoring and Auditing: Tracking user activity and identifying suspicious behavior.

Mitigation and Future-Proofing

For the current MongoDB vulnerability, upgrading to a patched version (8.2.3, 8.0.17, 7.0.28, 6.0.27, 5.0.32, or 4.4.30) is the most effective solution. As a temporary workaround, disabling Zlib compression is recommended. However, this can impact performance.

Looking ahead, organizations should prioritize:

  • Regular Vulnerability Scanning: Proactively identifying and addressing security flaws.
  • Security Awareness Training: Educating employees about the latest threats and best practices.
  • Incident Response Planning: Developing a plan to effectively respond to and recover from security incidents.
  • Database Activity Monitoring (DAM): Real-time monitoring of database traffic to detect and prevent malicious activity.

FAQ

Q: What is CVE-2025-14847?
A: It’s a high-severity vulnerability in MongoDB that allows unauthenticated users to read uninitialized heap memory.

Q: How can I protect my MongoDB database?
A: Upgrade to a patched version or disable Zlib compression.

Q: What is Zero Trust security?
A: A security model based on the principle of “never trust, always verify.”

Q: Will AI make database security harder?
A: Yes, AI can be used by attackers to automate and scale their attacks, but it can also be used to enhance security.

Stay informed about the latest database security threats and best practices. Explore our other articles and subscribe to our newsletter for regular updates.

December 27, 2025 0 comments
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Tech

Fake WhatsApp API Package on npm Steals Messages, Contacts, and Login Tokens

by Chief Editor December 22, 2025
written by Chief Editor

December 22, 2025Ravie LakshmananMalware / Open Source / Supply Chain Security

The Rising Tide of Malicious Packages: A Looming Threat to Software Supply Chains

The recent discovery of “lotusbail,” a malicious npm package masquerading as a WhatsApp API, and a wave of compromised NuGet packages targeting the cryptocurrency ecosystem, aren’t isolated incidents. They represent a dangerous escalation in supply chain attacks – a trend poised to become even more prevalent and sophisticated in the coming years. These attacks exploit the trust developers place in open-source repositories, turning essential tools into conduits for malware.

Understanding the Attack Vectors: Beyond Simple Code Injection

Historically, supply chain attacks focused on directly compromising widely used software components. Today, attackers are becoming more subtle. “lotusbail,” with its 56,000+ downloads, didn’t simply inject malicious code; it offered a functional API, luring developers into unwittingly granting it access to sensitive data like WhatsApp credentials, message history, and even enabling persistent account hijacking. This is a key shift. Attackers are now prioritizing deception alongside technical exploitation.

The NuGet package attacks further illustrate this trend. By targeting the crypto space, attackers aimed for high-value targets – developers building applications that handle financial transactions. The packages employed tactics like inflated download counts and rapid version releases to appear legitimate, exploiting the inherent trust in active maintenance. The focus on stealing Google Ads OAuth information in one package demonstrates a broadening scope beyond direct financial gain, targeting advertising infrastructure.

Did you know? Supply chain attacks are estimated to have increased by 650% between 2021 and 2023, according to a report by Check Point Research.

The Future of Supply Chain Attacks: AI, Automation, and Polymorphism

Several factors suggest these attacks will become more frequent and harder to detect. The increasing adoption of AI and machine learning by attackers will play a significant role. AI can be used to:

  • Generate more convincing malicious code: AI can write code that closely mimics legitimate libraries, making it harder for static analysis tools to identify threats.
  • Automate vulnerability discovery: AI can scan open-source repositories for vulnerabilities faster and more efficiently than human researchers.
  • Create polymorphic malware: AI can generate variations of malware that evade signature-based detection systems.

Automation will also be crucial. Attackers will likely automate the process of creating and publishing malicious packages, allowing them to target a wider range of ecosystems and quickly adapt to security measures. We’ll see more sophisticated techniques to manipulate package metadata and reputation scores.

The Rise of the “Living Off the Land” (LotL) Approach

The “lotusbail” case exemplifies a growing trend: attackers leveraging existing tools and APIs to achieve their objectives. This “Living Off the Land” (LotL) approach makes detection more difficult because malicious activity blends in with legitimate system processes. Instead of introducing entirely new malware, attackers are hijacking existing functionality. Expect to see more attacks that exploit legitimate APIs and services in unexpected ways.

The Impact on Emerging Technologies: IoT and Edge Computing

The vulnerability of software supply chains extends beyond traditional software development. The proliferation of IoT devices and edge computing environments creates new attack surfaces. These devices often rely on pre-built software components and have limited security capabilities, making them prime targets for supply chain attacks. Compromised firmware updates, for example, could allow attackers to gain control of entire networks of IoT devices.

Proactive Defense Strategies: Shifting Left and Embracing Zero Trust

Combating these threats requires a fundamental shift in security thinking. Organizations need to move beyond reactive security measures and embrace proactive strategies, including:

  • Software Bill of Materials (SBOM): Creating a detailed inventory of all software components used in an application.
  • Supply Chain Security Scanning: Using tools to automatically scan open-source dependencies for known vulnerabilities and malicious code. Snyk and Sonatype are examples of companies offering these services.
  • Zero Trust Architecture: Implementing a security model that assumes no user or device is trusted by default.
  • Enhanced Code Review: Investing in thorough code review processes to identify potential vulnerabilities and malicious code.
  • Dependency Pinning: Specifying exact versions of dependencies to prevent unexpected updates that could introduce vulnerabilities.

Pro Tip: Regularly audit your development environment and dependencies. Don’t rely solely on reputation scores – verify the integrity of the code yourself.

The Role of Open-Source Communities and Collaboration

Addressing the supply chain security challenge requires collaboration between developers, security researchers, and open-source communities. Sharing threat intelligence, developing secure coding practices, and fostering a culture of security awareness are essential. Initiatives like the Open Source Security Foundation (OpenSSF) are playing a crucial role in promoting these efforts.

FAQ: Supply Chain Security

  • What is a software supply chain attack? A software supply chain attack targets the components and processes used to develop and distribute software, aiming to inject malicious code or compromise legitimate systems.
  • Why are supply chain attacks increasing? Attackers are finding it easier to compromise widely used software components than to directly attack individual targets.
  • How can developers protect themselves? Use SBOMs, scan dependencies for vulnerabilities, implement zero trust principles, and practice secure coding.
  • What is an SBOM? A Software Bill of Materials is a nested inventory of a software application’s components, used to identify and manage security risks.

The threat landscape is evolving rapidly. Staying ahead requires a proactive, multi-layered approach to security, a commitment to collaboration, and a recognition that the software supply chain is a critical vulnerability that demands constant vigilance.

Want to learn more? Explore our other articles on open-source security and threat intelligence. Subscribe to our newsletter for the latest updates on cybersecurity threats and best practices.

December 22, 2025 0 comments
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Tech

Russia-Linked Hackers Use Microsoft 365 Device Code Phishing for Account Takeovers

by Chief Editor December 20, 2025
written by Chief Editor

The Rise of Device Code Phishing: A Glimpse into the Future of Account Takeovers

A concerning trend is rapidly gaining traction in the cybersecurity landscape: device code phishing. Recent reports, including analysis by Proofpoint of the UNK_AcademicFlare campaign attributed to a Russia-aligned group, highlight a sophisticated technique for stealing Microsoft 365 credentials. This isn’t a fleeting threat; it’s a harbinger of how attackers will increasingly leverage legitimate system features against us. The core issue? Attackers are exploiting the convenience of device code authentication to bypass traditional security measures.

How Device Code Phishing Works – And Why It’s So Effective

Traditional phishing relies on tricking users into directly entering usernames and passwords on fake login pages. Device code phishing is more subtle. It directs victims to a legitimate Microsoft login page after they’ve already initiated a seemingly harmless action – like reviewing a document link. The attacker intercepts the generated access token, effectively gaining control of the account. This method is particularly dangerous because it leverages Microsoft’s own security protocols, making it harder for users and security systems to detect.

The availability of readily accessible tools like Graphish and SquarePhish is dramatically lowering the barrier to entry for these attacks. These tools don’t require advanced technical skills, meaning even less sophisticated threat actors can launch highly effective campaigns. According to a recent Verizon Data Breach Investigations Report (DBIR), phishing remains the primary vector for data breaches, accounting for over 74% of breaches in 2024. The evolution to device code phishing represents a significant escalation in sophistication within this already dominant attack vector.

The Geopolitical Landscape: Russia-Aligned Actors and Beyond

The UNK_AcademicFlare campaign is just one example. Attribution consistently points to Russia-aligned groups like Storm-2372, APT29, and others actively employing this technique. Their targets are strategically chosen: government organizations, think tanks, educational institutions, and critical infrastructure. This suggests a clear intent to gather intelligence, disrupt operations, or potentially conduct espionage. However, it’s crucial to understand that this technique isn’t exclusive to state-sponsored actors. The ease of use and effectiveness mean it will likely be adopted by a wider range of cybercriminals.

Did you know? The initial documentation of device code phishing by Microsoft and Volexity in February 2025 served as a blueprint for subsequent attacks, demonstrating how quickly threat actors adapt and refine their tactics.

Future Trends: What to Expect in the Coming Years

Several trends suggest device code phishing will become even more prevalent and sophisticated:

  • Increased Automation: Attackers will likely automate the entire process, from initial phishing email to token interception, reducing the need for manual intervention.
  • Multi-Cloud Targeting: While currently focused on Microsoft 365, attackers will adapt this technique to target other cloud platforms like Google Workspace and Amazon AWS.
  • AI-Powered Phishing: Artificial intelligence will be used to create more convincing and personalized phishing emails, increasing the likelihood of success. Expect more sophisticated natural language processing to bypass spam filters and more realistic fake landing pages.
  • Bypassing Multi-Factor Authentication (MFA): Device code phishing effectively circumvents traditional MFA methods, making it a particularly dangerous threat for organizations relying solely on MFA for security.
  • Supply Chain Attacks: Attackers may target software vendors or service providers to distribute phishing links to a wider audience, amplifying the impact of their campaigns.

Proactive Defense: Mitigating the Risk

Organizations need to move beyond reactive security measures and adopt a proactive approach to defend against device code phishing. Here are some key steps:

  • Conditional Access Policies: Implement Conditional Access policies in Microsoft 365 to block device code authentication flows for all users, or restrict it to approved users, operating systems, and IP ranges.
  • Enhanced Monitoring: Monitor for unusual login activity, such as logins from unexpected locations or devices.
  • User Awareness Training: Educate employees about the dangers of device code phishing and how to identify suspicious emails and links. Simulated phishing exercises can help reinforce this training.
  • Zero Trust Architecture: Adopt a Zero Trust security model, which assumes that no user or device is trusted by default.
  • Endpoint Detection and Response (EDR): Deploy EDR solutions to detect and respond to malicious activity on endpoints.

Pro Tip: Regularly review and update your security policies to ensure they are aligned with the latest threat landscape. Don’t rely on a “set it and forget it” approach.

FAQ: Device Code Phishing – Your Questions Answered

  • What is device code phishing? It’s a phishing technique that exploits Microsoft’s device code authentication process to steal credentials.
  • Is MFA enough to protect against this? No, device code phishing bypasses traditional MFA methods.
  • Who is behind these attacks? Primarily Russia-aligned threat actors, but the technique is becoming more widespread.
  • How can I protect my organization? Implement Conditional Access policies, enhance monitoring, and provide user awareness training.
  • What tools are attackers using? Tools like Graphish and SquarePhish are lowering the barrier to entry for these attacks.

Further reading on Microsoft’s security guidance can be found here. For more information on threat intelligence, explore resources from Proofpoint and Volexity.

The evolution of phishing tactics demands constant vigilance and adaptation. Device code phishing is not just a new technique; it’s a sign of a more sophisticated and dangerous threat landscape. Organizations that prioritize proactive security measures and invest in user education will be best positioned to defend against these evolving attacks.

What are your thoughts on the future of phishing? Share your insights in the comments below!

December 20, 2025 0 comments
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