This week, FTX emergency CEO John Ray filleted previous CEO Sam Bankman-Fried, the SEC charged 17 members in a $300 million Ponzi scheme, Hong Kong warned against Bybit, reports said North Korea made half of its revenue from cyberattacks, and police rescued hundreds from a pig-butchering scam center.
Revenue cycle management firm MedData has agreed to a $7 million settlement in a class action lawsuit filed after an employee inadvertently uploaded and exposed the health and personal information of about 136,000 individuals on the public-facing part of GitHub for more than a year.
Synopsys' board of directors signed off Wednesday on selling the company's $525 million application security testing business to focus exclusively on design automation and IP. The systems design behemoth began exploring strategic alternatives for its software integrity group in November.
This week, Flipper Devices petitioned Canada, UnitedHealth Group dealt with its attack, Nemesis Market was seized, phishers fooled ML, AceCryptor returned to Europe, Brazil and Ukraine made arrests, another Ivanti flaw, London rebuked for possible data exposure, and Fujitsu reported malware attack.
In the latest "Proof of Concept," panelists Sam Curry of Zscaler and Heather West of Venable LLP discuss the crucial role of explainability and transparency in artificial intelligence, especially in areas such as healthcare and finance, where AI decisions can significantly affect people's lives.
The White House convened state environmental, health and homeland security agencies Thursday as experts told ISMG water utilities across the country - particularly those in small, under-resourced communities - lack the funding and technical skills to implement federal cybersecurity recommendations.
The current use of artificial intelligence in the U.K. defense sector is not about creating killer robots. It is focused on optimizing resources and increasing the efficiency of military operations, experts speaking at the Alan Turing Institute's AI UK conference told attendees.
The House voted Wednesday to pass the Protecting Americans' Data from Foreign Adversaries Act, a bill that would provide the FCC with enhanced authorities to seek up to $50,000 in civil penalties against data brokers that sell Americans' sensitive information to countries such as Russia and China.
The U.S. Department of the Treasury sanctioned the heads of Russian-based companies for spearheading disinformation campaigns that impersonated legitimate media outlets and government organizations across the globe. The firms coordinated an information manipulation campaign targeting Latin America.
Federal authorities are warning healthcare and public health sector entities of email bomb attacks, a type of denial-of-service attack that can overwhelm email systems and networks and distract victims from other nefarious activities. The incidents can also disrupt clinical and business workflow.
U.S. and allied cybersecurity agencies again warned the private sector to guard against Chinese state hackers who eschew malware to maintain access in favor of exploiting built-in system functions. Key preventative measures include maintaining a central logging database.
Major technology vendors keep being hacked by the nation-state hacking group Midnight Blizzard. Essential defenses to combat such attacks begin with implementing log monitoring across multiple platforms to find red flags, said John Fokker, head of threat intelligence at Trellix.
The pace of cybersecurity improvements has stagnated at many Britain organizations over the past year, driven in part by budget and staffing challenges, according to a new U.K. government report designed to assess domestic business resilience and the country's collective cybersecurity posture.
Fraudsters increasingly focus on synthetic entity fraud because forming a corporation requires few verification checks. This lack of rigorous verification by business registrars has led to an explosion in fake companies, said Andrew La Marca at Dun & Bradstreet.
As quantum computing looms, experts emphasize the urgency of embracing quantum-safe strategies. They highlight the need for proactive measures to protect digital assets from future breaches, deliver long-term data security and ensure the integrity of encryption.
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