Criminals have built highly successful business models by hacking into a wide range of organizations at will. University professor John Walker warned that the world is witnessing the unintended consequences of our collective inability to secure assets - kinetic threats to global stability.
Fallout is mounting, and new developments are emerging in several high-profile health data hacks. Data breaches reported in recent weeks and months at a medical transcription vendor, a hospital chain and a law firm are affecting a growing list of clients and individuals - and triggering lawsuits.
Alex Zeltcer, CEO and co-founder at nSure.ai, believes more companies are using AI and gen AI to create synthetic data that will be used to identify fraudulent groups who target online shoppers and gamers. He also observes social engineering at scale, perpetrated by machines, to conduct fraud.
The FBI arrested Conor Fitzgerald, the admitted administrator of the notorious, now-defunct BreachForums data breach forum and marketplace, for violating the conditions of his presentencing release, after he allegedly used VPN software and evaded mandatory monitoring of his computers.
The U.S. Department of Justice announced Friday that it has wrapped up its investigation of the xDedic dark web marketplace and successfully dismantled the multinational criminal organizations, leading to charges against 19 individuals, including administrators, developers and customer service reps.
An upstate New York hospital group has filed a lawsuit against cybercriminal group LockBit in a legal maneuver aimed at forcing a Boston-based cloud services firm to turn over patient data LockBit had stolen from the entities last summer and allegedly stored on the tech company's servers.
This week, hackers took over Mandiant's X account, authorities charged a Nigerian hacker with stealing $7.5 million from charities, the DOJ fined XCast $10 million for illegal robocalls, and attackers exploited an SMTP smuggling flaw in a phishing email campaign.
This week, Orbit Chain lost $81 million in a New Year's Eve hack, Indonesian police shuttered bitcoin mining operations, dYdX named its attacker, $324,000 users fell victim to 2023 crypto phishing scams, Singapore's prime minister had a deepfake problem, and 2023 crypto losses decreased by over 50%.
The court system of Victoria said it had experienced a serious cybersecurity incident in late 2023 that gave hackers access to video recordings of proceedings at multiple courts, including the Supreme Court and the County Court. The hack took place on Dec. 8 and was discovered two weeks later.
A hacking incident at a New Jersey-based vendor of artificial intelligence-enabled population health management services that involved a network server has affected more than a dozen of its healthcare clients across the country and nearly 4.5 million of their patients.
A defunct ambulance company is notifying nearly 912,000 patients and employees that their archived records were compromised in an early 2023 data theft hack. The firm previously provided emergency care in the Boston region and administrative services to affiliated transportation companies.
The count of known U.S. organizations that fell victim to ransomware last year - whether or not they paid a ransom - surged from 220 to 321, and hospital systems, K-12 school districts and post-secondary schools were especially affected, researchers report.
The European Central Bank beginning this month will conduct cyber stress tests on banks to determine their resilience against cyberattacks. The agency is requiring 109 banks in Europe to perform vulnerability assessments and incident response evaluations by mid-2024.
Hackers celebrated the year-end holidays with a malicious "Free Leaksmas" posting on the dark web, releasing 50 million stolen consumer records, including credit card information. Researchers said the leaked data can be used for identity theft and fraud.
Looking ahead to 2024, cybersecurity professionals and experts in artificial intelligence shared with ISMG their hopes for strong, responsible regulations and new partnerships with private sector stakeholders and international collaborators to keep pace with the evolving threat landscape.