The banking and financial services industry will see an increase in scams and frauds perpetrated through fake businesses, incentivizing bad actors to continue creating these fraudulent entities, said Mary Ann Miller, a fraud and cybercrime executive adviser with Prove.
AT&T did an about-face Saturday, saying that a leaked tranche of data pertaining to 73 million individuals does in fact reveal sensitive information of current and former customers of America's largest wireless phone carrier. The company isn't necessarily taking responsibility for the breach.
The U.S. Department of Homeland Security's assistant secretary for cyber, infrastructure, risk and resilience is sounding the alarm over hackers targeting political campaigns ahead of the 2024 elections, warning that campaigns could be left vulnerable if they fail to practice basic cyber hygiene.
An active attack campaign dubbed ShadowRay is targeting the widely used Ray open-source artificial intelligence scaling framework. It stems from a vulnerability that researchers say is a flaw but that Ray's developers say is a deliberate design choice.
Python code repository PyPI temporarily halted new user registration for a second time in three months following a surge in malware-ridden code mimicking legitimate software packages. PyPI is not the only code repository to recently be attacked by hackers.
Federal regulators are sounding an alarm to warn healthcare sector entities of cyberattacks involving a tried-and-true hacking method - credential harvesting, which can be used to compromise patient data, disrupt healthcare operations and enable other crimes.
In the latest weekly update, legal expert Jonathan Armstrong joined three ISMG editors to discuss the Department of Justice's antitrust lawsuit against Apple, ransomware payment dilemmas and AI copyright infringement fears - highlighting the intricate legal issues shaping big tech and cybersecurity.
Britain's nuclear power watchdog said it plans to prosecute the country's "largest and most hazardous nuclear site," Sellafield, for violating nuclear industry cybersecurity regulations from 2019 to 2023. Both Russian and Chinese nation-state hackers reportedly infiltrated the site's networks.
With elections in more than 50 countries this year, bad actors and nation-states will likely misuse AI to misinform 2 billion voters. Mark Johnston, director of the office of the CISO at Google Cloud, explains how pre-bunking techniques can help users check AI-driven misinformation campaigns.
The U.S. Federal Elections Commission is determining whether its existing statutory authorities allow it to regulate the use of artificial intelligence in campaign advertisements after receiving thousands of comments from the public about the use of AI in political ads.
Faced with relentless cyberattacks and the shortcomings of existing defenses, Sanaz Yashar embarked on a journey to create a security risk and mitigation platform, transforming frustration into startup Zafran, which emerged from stealth Thursday with more than $30 million in funding.
This week, Russian organizations are losing Microsoft Cloud, hackers targeted an Apple flaw, Germany warned of critical flaws in Microsoft Exchange, an info stealer targeted Indian government agencies and the energy sector, and Finland confirmed APT31's role in a 2020 breach of Parliament.
UnitedHealth Group has admitted data was "taken" in the cyberattack on Change Healthcare and has just started analyzing the types of personal, financial and health information potentially compromised. The U.S. is offering a $10 million bounty for BlackCat, which claims to have launched the attack.
This week, Sam Bankman-Fried got 25 years, the U.S sanctioned a Russian fintech, Coinbase can't get out of an SEC lawsuit, Munchables lost millions and had it returned, Curio and ParaSwap had smart contract problems, Hong Kong warned about crypto entities, and TRM Labs reported 2023 crypto trends.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.co.uk, you agree to our use of cookies.