New Cactus ransomware uses self-encryption to evade security software

New Cactus ransomware encrypts itself to avoid detection by security software

New ransomware called “Cactus” has emerged in the cyber threat landscape that encrypts itself to avoid detection by security software. The ransomware targets known vulnerabilities in Fortinet Inc. VPN appliances, allowing hackers to access corporate networks. Cactus uses a batch script to obtain the encryptor binary using 7-Zip, which avoids detection by antivirus and other …

Elon Musk Shares ‘Massive Incentive to Move Money out of Bank Accounts’

Elon Musk Shares ‘Massive Incentive to Move Money out of Bank Accounts

Elon Musk, CEO of Tesla and Twitter, recently urged people to move their money out of bank accounts citing a “massive incentive”. He pointed out the significant difference in interest rates set by the US Treasury and the Federal Reserve, which creates a gap that banks use to earn profits on the money deposited with …

Startup Aims to Boost EV Adoption in Commercial Space with Efficient Battery Charging Platform

Startup Aims to Boost EV Adoption in Commercial Space with Efficient Battery Charging Platform

The Energy Company, a startup focused on accelerating electric vehicle (EV) adoption in the commercial space, has developed a full-stack battery platform called Flexi for mobility. The platform aims to increase the reliability and efficiency of EV battery charging, making it a more attractive option for commercial use. One of the biggest challenges for EVs …

AI-Designed 3D Printed Aerospike Engine Could Revolutionize Aerospace Industry

AI-Designed 3D Printed Aerospike Engine Could Revolutionize Aerospace Industry

A team of researchers has developed a 3D printed aerospike engine that was designed using artificial intelligence (AI) and could potentially revolutionize the aerospace industry. The engine is the most complicated 3D print yet, and was created using a combination of generative algorithms and 3D printed nozzles. The team, which included engineers from the University …

WhatsApp Payment Feature Launched in Singapore, Enabling Direct Transactions for Local Businesses

WhatsApp Payment Feature Launched in Singapore Enabling Direct Transactions for Local Businesses

WhatsApp, the popular messaging app owned by Facebook, has launched a new payment feature in Singapore, allowing residents to pay local businesses directly through their WhatsApp chat. The new feature, supported by payment service provider Stripe, enables customers and businesses to buy and sell goods and services without the need to visit a website, open …