In the latest weekly update, editors at Information Security Media Group discuss the shaping of responsible artificial intelligence governance, major takeaways from the U.K. AI Summit, and an overview of the main themes and insights from ISMG's recent Mumbai Summit.
European Union lawmakers and trading bloc governments reached a provisional agreement on a revised identity framework intended to digitize access to key public services for the majority of Europeans by the start of the next decade. The update is not universally welcomed by cybersecurity experts.
Nearly the entire population of Maine has been affected in a global cyberattack the Russian ransomware gang Clop launched earlier this year that targeted Progress Software's popular MOVEit file transfer service. The state is just one of thousands of high-profile victims swept up in the attack.
A ransomware attack affecting the New York financial services subsidiary of the Industrial and Commercial Bank of China resulted in disruptions to the U.S. Treasury market. Close observers of the criminal underground say ransomware-as-a-service group LockBit is responsible.
SentinelOne purchased a boutique consultancy established by two of the world's most famous security minds and launched its own strategic risk analysis and advisory group. SentinelOne will add inaugural CISA Director Chris Krebs and former Facebook Chief Security Officer Alex Stamos to its C-suite.
A shared IT services provider and its five Ontario member hospitals say their recovery from a Daixin Team ransomware attack in October could last into December as the group rebuilds its IT network. Meanwhile, the outage will continue to disrupt patient services, including diagnostics and treatments.
A Russian digital extortion gang behind a raft of attacks on file transfer applications is now targeting a newly patched vulnerability in SysAid IT support software. Attacks can lead to ransomware and data theft, tweeted Microsoft late on Wednesday.
A panel of legal experts and technologists warned lawmakers that deepfake technologies were already causing security and privacy concerns across the country, particularly for women and minority communities, as research shows that current detection systems contain biases and high error rates.
The reliance on text bases in modern software development means Rockwell Automation can capitalize on generative AI's ability to read, produce and generate text. Having open text-based files and a domain-specific language made it easy for Rockwell to apply generative AI to FactoryTalk Design Studio.
This week, mortgage lender Mr. Cooper recovered from a cyberattack, ChatGPT struggled with distributed denial-of-service attacks, a cybercrime group’s business model was exposed, hackers stole data of loyalty club members of Marina Bay Sands in Singapore, and more.
The battle against synthetic identity fraud has reached a critical point, as credit repair companies now play a major role in exacerbating this pervasive form of fraud. Synthetic identity fraud now comprises 85% of all identity fraud cases, with up to $20 billion in annual losses.
This week, the trial of the alleged Mango Markets hacker was delayed, Bitfinex reported a "minor" cybersecurity incident, the U.S. Securities and Exchange Commission sought summary judgement in the Terraform Labs case and the U.S. Department of Treasury designated a Russian money launderer.
Security company CrowdStrike said it had observed Iranian hacker group Imperial Kitten, also known as TA456, Crimson Sandstorm and Tortoiseshell, conducting web compromise operations between 2022 and 2023 to infiltrate Israeli logistics, transportation and technology companies.
Russian military hackers in October 2022 successfully tripped the circuit breakers of a power grid substation in Ukraine in a previously undisclosed cyberattack, researchers from Mandiant say. The outage was caused by a unit of the GRU Main Intelligence Directorate popularly known as Sandworm.
Deputy Attorney General Lisa Monaco announced Wednesday that the Justice Department will appoint a new board to advise top officials on the "ethical, lawful use of AI" following a White House executive order that sets new standards for the use of the emerging technology across federal agencies.
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