Cybersecurity Solution Providers Detect New Malware

Major global cybersecurity solutions providers have issued warnings about detecting new malware impacting both desktops and smartphones. In addition, research from Market.us indicates that the global cyber warfare market is projected to reach a value of US$211.6 billion by 2030, with North America emerging as the largest market. 

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McAfee Detects Xamarin-Based Android Malware

McAfee Mobile Research Team detected a new Xamarin-based backdoor malware that affects Android users. The malware is potentially dangerous as it uses social engineering methods to gain special access to private user information. This represents a potential threat as it grows its presence in the largest countries in the Americas. 

Cyber Warfare Market to Be Valued at US$211.6 Billion in 2033

The Global Cyber Warfare Market is poised for substantial growth, with a projected valuation of US$56.5 billion in 2024, expected to soar to US$211.6 billion by 2033, driven by factors such as escalating cyber threats, widespread digital transformation, and geopolitical tensions, reveals a Market.us research. 

Xerox Reveals Cyberattack by Ransomware Group INC

Xerox acknowledges a recent cyberattack by the ransomware group INC on its subsidiary, Xerox Business Solutions (XBS) in the United States. The incident, swiftly contained by Xerox cybersecurity experts, has prompted a thorough investigation in collaboration with third-party specialists. 

Kaspersky Uncovers Malware Using Blockchain Technology

Kaspersky’s experts found a new malware that exploits NKN technology, a peer-to-peer, blockchain-oriented networking protocol, known for its decentralization and privacy. Kaspersky Security Network identified potential victims of the attack in Colombia, Mexico, and Vietnam.