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Daily Cybersecurity Roundup, May 11, 2021

Schools and universities are lucrative targets for cyber extortion. An investigation into one such incident has found that the University of California (UC) suffered a leak of employee and student data due to flaws in a file sharing service. Meanwhile, analysts are scrutinizing a ransomware attack at a Tokyo-headquartered manufacturer of agricultural and industrial machinery. In other news, a new malware was found siphoning off banking credentials from customers of several European banks. On that note, read further for the top ten cybersecurity highlights for the day.

01

The University of California confirmed that hackers accessed a heap of personal information on students, current and former employees, and other individuals who participated in UC programs in a breach involving the Accellion FTA service.

02

Babuk ransomware claimed to breach and steal PII of employees, product schematics, financial data, and more from Yamabiko. Also, the Babuk group leaked sensitive data, including details of police officers' past drug use, finances, and other data, stolen from the DC police last week.

03

Cybersecurity researchers found a new Android banking trojan called TeaBot that hijacks user credentials and text messages to distribute fraudulent activities targeting banks in Spain, Germany, the Netherlands, Belgium, and Italy.

04

Medical records of roughly 200,000 U.S. military veterans have been exposed online by United Valor, a North Carolina-based firm working for the Veterans Administration.

05

Volue, a Norwegian software company, reportedly became a victim of a ransomware attack that led to the shut down of the affected applications.

06

The computer network at Rensselaer Polytechnic Institute faced downtime after detection of unauthorized access to certain systems. The incident impacted final exams, research, and other academic activities.

07

Microsoft Exchange servers are once again under attack by the Lemon Duck cryptocurrency mining botnet, which recently beefed up its anti-detection capabilities.

08

Researchers from Tencent demonstrated that attackers could hack electric cars and circumvent payment systems used at EV charging stations using a tiny Raspberry Pi computer.

09

Arkose Labs, a provider of online fraud and abuse prevention technology, secured $70 million in a funding round led by SoftBank Vision Fund 2, with additional participation from others.

10

Israeli startup Cycode raised $20 million in Series A funding from Insight Partners, with seed investor YL Ventures also participating in the round.

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