Lifeboat Foundation

Cyber criminals are increasingly using virtual machines to compromise networks with ransomware.

By using virtual machines as part of the process, ransomware attackers are able to conduct their activity with additional subtlety, because running the payload within a virtual environment reduces the chances of the activity being discovered – until it’s too late and the ransomware has encrypted files on the host machine.

During a recent investigation into an attempted ransomware attack, cybersecurity researchers at Symantec found the ransomware operations had been using VirtualBox – a legitimate form of open-source virtual machine software – to run instances of Windows 7 to aid the installation of ransomware.

U.K. start-up Arqit expects to launch a worldwide service for sharing unbreakable quantum-encrypted messages using satellites in 2023.

Researchers from University of Copenhagen have developed a new technique that keeps quantum bits of light stable at room temperature instead of only working at-270 degrees. Their discovery saves power and money and is a breakthrough in quantum research.

As almost all our private information is digitalized, it is increasingly important that we find ways to protect our data and ourselves from being hacked.

Quantum Cryptography is the researchers’ answer to this problem, and more specifically a certain kind of qubit — consisting of single photons: particles of light.

TAMPA, Fla. — Seraphim Capital plans to trade stakes it has amassed in space technology startups on the public market through an investment trust.

The Seraphim Space Investment Trust will eventually comprise bets in 19 international startups, including satellite data specialist Spire Global, quantum encryption firm Arqit and space-based cellular network operator AST Space Mobile.

Those three recently got valuations of more than $1 billion in mergers with special purpose acquisition companies (SPACs), investment vehicles that offer another route to public markets.

Quantum computing began in the early 1980s. It operates on principles of quantum physics rather than the limitations of circuits and electricity which is why it is capable of processing highly complex mathematical problems so efficiently. Quantum computing could one day achieve things that classical computing simply cannot. The evolution of quantum computers has been slow, but things are accelerating, thanks to the efforts of academic institutions such as Oxford, MIT, and the University of Waterloo, as well as companies like IBM, Microsoft, Google, and Honeywell.

IBM has held a leadership role in this innovation push and has named optimization as the most likely application for consumers and organizations alike.

Honeywell expects to release what it calls the “world’s most powerful quantum computer” for applications like fraud detection, optimization for trading strategies, security, machine learning, and chemistry and materials science.

Typically abbreviated as TLS, Transport Layer Security uses strong encryption to prove that an end user is connected to an authentic server belonging to a specific service (such as Google or Bank of America) and not an impostor masquerading as that service. TLS also encrypts data as it travels between an end user and a server to ensure that people who can monitor the connection can’t read or tamper with the contents. With millions of servers relying on it, TLS is a cornerstone of online security.

In a research paper published on Wednesday, Brinkmann and seven other researchers investigated the feasibility of using what they call cross-protocol attacks to bypass TLS protections. The technique involves an MitM attacker redirecting cross-origin HTTP requests to servers that communicate over SMTP, IMAP, POP3, or FTP, or another communication protocol.

The main components of the attack are the client application used by the targeted end user, denoted as C; the server the target intended to visit, denoted as S_int; and the substitute server, a machine that connects using SMTP, FTP, or another protocol that’s different from the one server_int uses but with the same domain listed in its TLS certificate.

REvil threat actors may be behind a set of PowerShell scripts developed for encryption and weaponized to exploit vulnerabilities in corporate networks, the ransom note suggests.

Threat actors have deployed new ransomware on the back of a set of PowerShell scripts developed for making encryption, exploiting flaws in unpatched Exchange Servers to attack the corporate network, according to recent research.

Researchers from security firm Sophos detected the new ransomware, called Epsilon Red, in an investigation of an attack on a U.S.-based company in the hospitality sector, Sophos Principal Researcher Andrew Brandt wrote in a report published online.

FragAttacks let hackers inject malicious code or commands into encrypted Wi-Fi traffic.

Although universal fault-tolerant quantum computers – with millions of physical quantum bits (or qubits) – may be a decade or two away, quantum computing research continues apace. It has been hypothesized that quantum computers will one day revolutionize information processing across a host of military and civilian applications from pharmaceuticals discovery, to advanced batteries, to machine learning, to cryptography. A key missing element in the race toward fault-tolerant quantum systems, however, is meaningful metrics to quantify how useful or transformative large quantum computers will actually be once they exist.

To provide standards against which to measure quantum computing progress and drive current research toward specific goals, DARPA announced its Quantum Benchmarking program. Its aim is to re-invent key quantum computing metrics, make those metrics testable, and estimate the required quantum and classical resources needed to reach critical performance thresholds.

“It’s really about developing quantum computing yardsticks that can accurately measure what’s important to focus on in the race toward large, fault-tolerant quantum computers,” said Joe Altepeter, program manager in DARPA’s Defense Sciences Office. “Building a useful quantum computer is really hard, and it’s important to make sure we’re using the right metrics to guide our progress towards that goal. If building a useful quantum computer is like building the first rocket to the moon, we want to make sure we’re not quantifying progress toward that goal by measuring how high our planes can fly.”