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Artificial Intelligence & Machine Learning

China Is Outpacing US in Critical Tech Research Investments

Chris Riotta  •  December 2, 2024

China has surged past the United States in critical technology research, according to a recent report published by the Australian Strategic Policy Institute. Experts warn the shift could have profound global implications, including risks to U.S. cybersecurity, innovation and global leadership.

Artificial Intelligence & Machine Learning

Upwind Raises $100M to Thwart Cloud Security Vulnerabilities

Michael Novinson  •  December 2, 2024

With $100 million in Series A funding, Upwind plans to enhance its runtime and AI-powered cloud security platform. CEO Amiram Shachar outlines the company's investments in engineering, customer engagement and scaling solutions to address vulnerabilities such as misconfigurations and insecure APIs.

Cybercrime

SmokeLoader Campaign Targets Taiwanese Companies

Prajeet Nair  •  December 2, 2024

A threat actor is targeting Taiwanese companies using phishing emails and long-standing vulnerabilities to deliver SmokeLoader malware. The threat actor uses plugins for the infamous malware to directly attack systems rather than using SmokeLoader, as its name suggests, as a loader for other malware.

Fraud Management & Cybercrime

Cyber Incidents Hit Three NHS Hospitals in UK

Marianne Kolbasuk McGee  •  December 2, 2024

At least three National Health Service hospitals in U.K. are responding to recent cyber incidents, including a children's hospital and a heart and chest specialty hospital - both located in Liverpool - that share IT systems. INC Ransom claims to have stolen data from the two hospitals.

Critical Infrastructure Security

EU Nations That Missed NIS2 Deadline Put On Notice

Akshaya Asokan  •  November 29, 2024

The European Commission on Thursday opened infringement procedures against 23 EU member states that missed a mid-October deadline for implementing the NIS2 Directive, as well 24 EU members that missed a Critical Entities Resilience Directive deadline.

DevSecOps

Sonatype, Snyk, Black Duck Top Comp Analysis Forrester Wave

Michael Novinson  •  November 29, 2024

Sonatype, Snyk and Black Duck remained atop Forrester's software composition analysis rankings as commoditization of core features has led to increased competition. Pressure in the market has increased due to both a saturation of core functionalities and license identification.

Geo Focus: Asia

Privacy Vendor Market Moves From Point to Platform Solutions

Suparna Goswami  •  November 29, 2024

The privacy vendor market in India is evolving rapidly, as many vendors move from offering point solutions to embracing more integrated, platform solutions that can handle a broader range of privacy requirements, said Anirban Sengupta, partner, risk consulting practice with PwC.

Security and Exchange Commission compliance (SEC)

CyberEdBoard Profiles in Leadership: Patrick Benoit

Anna Delaney  •  November 29, 2024

Patrick Benoit, a seasoned security leader and CyberEdBoard member, advises security leaders to lead by example and not worry about showing any of their own vulnerabilities, not least when they make a mistake. "It's OK to fail or misstep … That's what makes you a stronger leader," he said.

ISMG Editors: Major Crypto Mixer Decision Redefines Rules

Anna Delaney  •  November 29, 2024

In the latest weekly update, ISMG editors discussed Tornado Cash's landmark legal victory and what it means for crypto mixers, the impact of artificial intelligence on data privacy, and advancements in cybersecurity for which the industry can be thankful as it heads into 2025.

Governance & Risk Management

Warning: Patch Advantech Industrial Wireless Access Points

Prajeet Nair  •  November 29, 2024

Researchers identified 20 critical vulnerabilities in a type of Advantech industrial-grade wireless access points that is widely deployed across critical infrastructure environments. Attackers could exploit the flaws to remotely executive code and create denials of service.

Governance & Risk Management

Overcoming Identity and Access Challenges in Healthcare

Marianne Kolbasuk McGee  •  November 29, 2024

Third-party access management poses significant cybersecurity risks in healthcare, but continuous identity management and monitoring can help mitigate those risks, said Jim Routh, chief trust officer at Saviynt.

Encryption & Key Management

The Growing Quantum Threat to Enterprise Data: What Next?

Cdr Rishi Das S. (Retd)  •  November 29, 2024

As quantum computing continues to evolve, cybersecurity professionals and enterprise leaders must grapple with a future where current encryption technologies - on which our entire digital infrastructure is built - may no longer be secure. What next steps must they take now?