Cyber criminals are flocking to the GENESIS marketplace, a one-stop shop for login credentials, cookies, device fingerprints, website vulnerabilities and other sensitive data on Hackers’ wish list. The invite-only market has become an important tool for hackers to carry out their attacks. The site offers personal data stolen from breaches to world-wide companies and organizations. Genesis is easy to use, hosted on the regular internet and has a modern interface unlike the dark web markets that require special software and payment in obscure cryptocurrencies.

Online scam targets gift cards and loyalty cards Over 100,000 inboxes are the target of an under the radar approach to extracting small amounts of funds from giftcards, credits, and other valuables that show up in people’s inboxes. This cybercrime group could be seeking 5 to 10 million authentications attempts using IMAP to net 50K to 100K of working inbox credentials.

At a productive White House meeting on August 25th, Microsoft, Google, Amazon, Apple, IBM and others committed to significant efforts in the cybersecurity area. Google plans to invest more than 10 billion to strengthen cybersecurity and train 100,000 Americans in technical security fields. Apple is making security improvements through their supply chain. Microsoft committed $20 billion dedicated to more advanced security tools and $150 billion assisting government agencies to upgrade their systems.

Cyber experts warn that Chinese tech giant Tuya’s IOT products may be a high security risk. Tuya makes products that have been incorporated into many of today's, smart devices including smart TVs, smart home security camera, home thermostats and appliances—even smart pet feeders. Many of the products that make them smart are provided by Tuya currently installed in over 116 million smart devices. Over 5000 brands have incorporated Tuya’s tech into their devices. Tuya falls under a new Chinese law that requires company to turn over any and all collected when the government request it.