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OEIS Cyber Security Investigator:
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Oeisdigitalinvestigator.com:
The U.S. Cybersecurity and Infrastructure Agency (CISA) has added 5 flaws to its Known Exploited Vulnerabilities (KEV) catalog, among which is a a ways flung code execution (RCE) flaw impacting Apache HugeGraph-Server.
The flaw, tracked as CVE-2024-27348 and rated necessary (CVSS v3.1 ranking: 9.8), is an despicable gather entry to defend an eye fixed on vulnerability that impacts HugeGraph-Server versions from 1.0.0 and as much as, however now not alongside side 1.3.0.
Apache mounted the vulnerability on April 22, 2024, with the free up of version 1.3.0. Other than upgrading to the latest version, customers were additionally suggested to make employ of Java 11 and enable the Auth machine.
Also, enabling the “Whitelist-IP/port” feature became proposed to make stronger the safety of the RESTful-API execution, which became eager on doubtless assault chains.
Now, CISA has warned that energetic exploitation of CVE-2024-27348 has been noticed in the wild, giving federal businesses and diversified necessary infrastructure organizations unless October 9, 2024, to practice mitigations or dwell the employ of the product.
Apache HugeGraph-Server is the core component of the Apache HugeGraph mission, an initiating-source graph database designed for handling natty-scale graph recordsdata with high efficiency and scalability, supporting advanced operations required in deep relationship exploitation, recordsdata clustering, and path searches.
The product is extinct, among others, by telecom providers for fraud detection and community diagnosis, monetary companies and products for likelihood defend an eye fixed on and transaction sample diagnosis, and social networks for connection diagnosis and automated suggestion systems.
With energetic exploitation underway and the product extinct in it sounds as if high-fee endeavor environments, applying the available safety updates and mitigations as presently as that it’s doubtless you’ll perhaps be ready to think is exigent.
The diversified four flaws added to KEV this time are:
The inclusion of these older vulnerabilities is now not a sign of most modern exploitation however serves to counterpoint the KEV catalog by documenting safety flaws that were confirmed to were extinct in assaults one day in the previous.
OEIS Financial Fraud Private Investigator:
London’s Southwark Crown Court sentenced Jian Wen, a former fast food worker, to six years and eight months in prison. The court convicted her of laundering about 150 Bitcoin (BTC) linked to a broader $5.6 billion fraud in China.
This case highlights a major breakthrough in the fight against crypto-related crimes.
Wen, 42, transitioned from living in the modest basement of an East London Chinese takeaway to owning a luxurious six-bedroom mansion. She consistently denied her involvement, claiming she was merely following orders from Yadi Zhang, alleged to be the architect of the scheme.
The scheme transferred large sums of stolen money from China, then converted them into Bitcoin and laundered them through various assets across the UK, Europe, and Dubai. Influenced by an extensive array of digital evidence, including thousands of WhatsApp messages between Wen and Zhang, the jury convicted Wen after a nearly two-month trial.
Read more: 15 Most Common Crypto Scams To Look Out For
Wen’s transformation, marked by her high-profile shopping sprees at luxury stores, illustrates her dramatic lifestyle change. She funded this lifestyle with the proceeds from the laundered Bitcoin, which totaled over 61,000 BTC at the time of seizure, now valued at over $4 billion.
During the sentencing, Judge Sally-Ann Hales emphasized the sophisticated and well-orchestrated nature of the crime.
“I am in no doubt that you knew what you were dealing with,” the Judge said.
Nonetheless, Wen’s defense portrayed her as a victim manipulated by Zhang. She believed Zhang was a legitimate jewelry, Bitcoin, and property businesswoman.
This case forms part of a wider crackdown on crypto laundering. For example, the United States recently convicted Roman Sterlingov, founder of the crypto mixer Bitcoin Fog, for similar offenses.
He faces up to 20 years in prison. His operation, which obscured the origins of illicitly obtained Bitcoin, handled transactions worth nearly $400 million, mainly for darknet markets.
Read more: 4 Best Bitcoin Mixers and Tumblers in 2024
Authorities have increased their scrutiny of crypto, making the crackdown a component of a global initiative to regulate it. In 2023, digital payment and crypto companies faced fines totaling nearly $5.8 billion for anti-money laundering failures.
Among them, Binance faced a $4.3 billion fine, highlighting the financial and regulatory impacts of cryptocurrency operations.
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