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Cyber Security · AustraliaThis week in cybersecurity from the editors at Cybercrime Magazine Sausalito, Calif. – Aug. 12, 2025 – Listen to the Podcast An emerging ransomware strain has been discovered incorporating capabilities to encrypt files as well as permanently erase them, a development that has been described as a “rare dual-threat,” reports The Hacker News. “The ransomware features a ‘wipe mode,’ which permanently erases files, rendering recovery impossible even …Read Article
Anubis Ransomware-as-a-Service Operation Encrypts and Wipes Files

Bitcoin · SausalitoThis week in cybersecurity from the editors at Cybercrime Magazine Sausalito, Calif. – Aug. 11, 2025 – Listen to the Podcast Last summer, about 4,100 Bitcoin worth $243 million vanished overnight from a single victim’s account. Three gamers, turned self-taught hackers, siphoned off the cryptocurrency after successfully gaining access using social engineering tactics. But this was just the start of a bizarre case, especially for the youngest thie…Read Article
Teenage Hacker Stole $243M In Bitcoin. How It Happened.

Artificial Intelligence · Sausalito06 Aug The Growing Impact Of AI And Quantum On Cybersecurity
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by Taylor Fox This week in cybersecurity from the editors at Cybercrime Magazine Sausalito, Calif. – Aug. 6, 2025 – Read the full story in Forbes The amalgamation of artificial intelligence (AI) with quantum computing will transform existing computational paradigms, heralding a promising future, but with risks, writes Chuck…See the Story