Tag Archive for: combination

AI and ransomware: a scary combination


Artificial intelligence (AI) is disrupting the modern world and most notably in the digital sphere. The cybercrime threats that have existed in the digital world have become more powerful and harmful because of AI.

For example, ransomware is used by hackers to lock up your computer files and then demand money to release them and ransomware attacks frequently start with a fake, or “phishing”, email that tricks a computer user into clicking on a link or opening an attachment to deliver the malicious ransomware.

Cybercriminals are now using AI to better target people and organizations and to create more realistic-looking emails to fool users into taking harmful actions. Thanks to AI, hackers can create more personalized emails that are even more authentic looking than ever. AI is even being used as camouflage against traditional antivirus programs, making it harder for detection tools to stop attacks.

Let’s look at some of the scary threats that are being created with AI.

Phishing and Social Engineering: The next time you receive an email that looks like it’s from someone you know, it could be a hacker who’s trying to steal your information. By gathering data about you from the internet, they can send you personalized phishing emails to trick you into believing the email is legitimate and getting you to click on harmful links or divulge personal details. Thanks to AI, these fakes are more authentic looking; forcing all of us to be more vigilant and to use an abundance of caution in double-checking emails.

Automated Spear Phishing: AI can be used to automate targeted attacks on specific people or groups by using machine learning to learn about the targets and create tailor-made emails for each victim, at scale. By launching larger scale attacks, more people are reached, increasing the chances for success. Cybersecurity awareness and safe email handling training is essential to combat this new generation of phishing attacks.

Polymorphic Malware: AI can be used to change the code and behavior of malware so that it can hide from traditional antivirus software. This makes it very challenging for your computer’s traditional anti-malware defenses to catch and remove…

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HUB Cyber Security and Mount Rainier Announce Registration Statement Effectiveness and Special Meeting Date to Approve Business Combination


Special Meeting Scheduled for December 30, 2022 with Expected Closing in January 2023 followed by Listing on Nasdaq at an estimated enterprise value of approximately $1.28 billion

TEL AVIV, Israel, Dec. 9, 2022 /PRNewswire/ — HUB Cyber Security (Israel) Limited (TASE: HUB), a developer of Confidential Computing cybersecurity solutions and services (“HUB” or the “Company“), announced that its registration statement on Form F-4 (the “Registration Statement“), in connection with its previously announced business combination (the “Business Combination“) with Mount Rainier Acquisition Corp. (“RNER“), has been declared effective by the U.S. Securities and Exchange Commission (the “SEC“) as of December 8, 2022.

RNER will hold a Special Meeting of Stockholders at 10:00 a.m. Eastern time on December 30, 2022, to approve the previously announced business combination with HUB. Stockholders of record at the close of business on November 18, 2022, will be entitled to receive notice of and to vote at the Special Meeting. The meeting will be held virtually over the internet by means of a live audio webcast available at: https://web.lumiagm.com/297859227 using the password “mtrainier2022.” 

To register and receive access to the virtual meeting, registered stockholders and beneficial stockholders (those holding shares through a stock brokerage account or by a bank or other holder of record) will need to follow the instructions applicable to them provided in the proxy statement/prospectus included in the Registration Statement.

The proxy statement/prospectus is being mailed to the Company’s stockholders of record as of the close of business on the Record Date. Notice of the Special Meeting was mailed on or about December 9, 2022 to stockholders of record as of the Record Date.

As previously announced, the transaction represents a combined company pro forma enterprise value of approximately $1.28 billion. The transaction is expected to provide up to $225 million in gross proceeds comprised of Mount Rainier’s approximately $175 million of cash held in trust, assuming no redemptions by RNER’s stockholders, and a $50 million fully committed ordinary share PIPE at $10.00 per share, led by A-Labs…

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IDG Contributor Network: The future of security: A combination of cyber and physical defense

Our increasingly connected world gives hackers even more ways to exploit technology for malicious purposes. We’re now entering a period when cyber attacks could cause major physical damage. To protect people from these combined cyber and physical threats, information security experts and law enforcement, which traditionally handles physical security, will have to share strategies.

+ Also on Network World: The IoT is uranium +

After all, the boundaries between cyber and physical attacks are already blurring. In March, the U.S. Department of Justice claimed seven Iranians hacked the control systems of a small dam in New York state in 2013. The dam was offline for repair, preventing the hackers from controlling the flow of water. However, the incident demonstrated that hackers could take over infrastructure that was controlled by computers.

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Network World Security

Is this combination of security programs for my computer good?

I have downloaded Norton Anti Virus 2003, Zonealarm and Ad-aware all onto my computer. Is this a good combination to have to keep my computer safe? Are there other programs that I should install as well? Have I installed too many programs? Answer would be appreciated!