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    MALWARE DEVELOPMENT

    Meet Marcin Kleczynski, who was 14 when a computer virus led him to start a side hustle; how did he turn it into a multi-hundred-million-dollar company?

    Marcin Kleczynski was not initially an experienced professional programmer. He taught himself coding using online communities and programming resources. He started developing malware-removal utilities to tackle infections that many antivirus products were missing. His early work included a tool that helped remove rogue security software. One of the people he connected with through an online security forum was Bruce Harrison, who later became his business partner.

    Binance says North Korean hackers stole $6.34 billion funds in a technical breach

    Binance reported a cyberattack attributed to North Korea that compromised $6.34 billion in digital assets. Approximately $2.85 billion of the affected assets have since been frozen or intercepted. The attackers utilized fake job interviews and advanced malware to breach Binance's security systems. Subsequently, the company took steps to replenish the lost assets and mitigate the damage caused.

    North Korean hackers linked to crypto thefts among world's best, experts say

    Blockchain investigation firms TRM Labs and Chainalysis attribute the heist to a North Korean hacking group known as "TraderTraitor," a name used in a 2022 joint warning from the FBI, CISA and US Treasury that described how hackers used malicious software and other tricks to target software developers and IT staff at cryptocurrency companies.

    Moonshot curbs hacking ability in new Kimi model as fears grow over AI-powered cyberattacks

    Beijing-based Moonshot announced the curbs while introducing Kimi K3.1 Pro, which it describes as its most capable 3-trillion-parameter-class open-weight model. The company plans to publish the model's weights - files allowing outside developers to run and modify it on their own systems - by November 4.

    ETtech Explainer: How a flaw in PHP, the code behind 70% of websites, sent governments offline

    Since PHP powers 70% of the world’s websites, the vulnerabilities can allow unauthenticated attackers to execute code on affected servers or read sensitive process memory, which may contain passwords, authentication tokens, API keys and certificates belonging to other requests or the server itself, as per Wiz Research.

    US banning Chinese AI DeepSeek from government agency IT systems

    The department is also banning acquisition of DeepSeek products and third-party services developed using DeepSeek by US civilian government agencies. DHS said DeepSeek models pose "multiple threat vectors" and raised concerns that use of the product "may result in the transfer of sensitive data to the PRC if used by US government employees or vendors."

    The Economic Times
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