This week, ISMG editors covered the hot topics at ISMG's London Cybersecurity Summit 2023, including the technical landscape of AI, executive liability, incident response strategies in the face of a global ransomware attack and how to build personal resilience to avoid burnout.
Vice President at Appgate, Mike Lopez, offers his expert analysis on the survey findings and how this year's results were unique to the most current cyber threats.
Last year's winner of RSA Conference's prestigious Innovation Sandbox contest could soon be acquired by Palo Alto Networks, according to Calcalist. The platform security behemoth is in advanced negotiations to purchase enterprise browser startup Talon Cyber Security for $600 million, Calcalist said.
Cybersecurity experts urged Congress to avoid a government shutdown on Oct. 1 - the start of the new federal fiscal year - telling a House panel that a lapse would damage efforts to keep the nation secure. Congress has yet to approve funding bills necessary to keep most federal agencies operational.
An April ransomware attack against one of Australia's largest law firms swept up the data of 65 Australian government agencies, the country's national cybersecurity coordinator said Monday. The Russian-speaking Alphv hacking group claimed responsibility earlier this year for hacking HWL Ebsworth.
Credit reporting agency TransUnion may be the subject of a hacking incident leading to a data breach after a hacker apparently stole information of 58,505 customers across North and South America and Europe. TransUnion has not acknowledged the hack and refused to discuss the matter on the record.
Established provider LexisNexis Risk Solutions remains atop Forrester's digital fraud management rankings, while upstart Sift broke into the leaders category for the first time. Many providers in the space have expanded from payment transactions to account takeover fraud as well as handling scams.
With only 90 early adopters, Federal Reserve's FedNow program faces the challenge of persuading U.S. banks to sign on to the real-time payments initiative launched in July. Experts say the Fed could learn some lessons from successful efforts in Brazil and India.
A financially motivated criminal syndicate that mainly operates in Telegram and underground forums has expanded its criminal arsenal to deploy ransomware and other intrusion capabilities on various cloud applications, warn Mandiant researchers.
Iranian state threat actor "Peach Sandstorm" is growing in sophistication, warns Microsoft in an alert about a campaign of password hacking targeting the satellite, defense and pharmaceutical sectors. The group's newfound polish is reflected in what the hackers did after establishing persistence.
AI allows U.S. agencies to address hard problems like quickly writing secure code but comes with risks around nation-states generating attacks more efficiently. "The cybersecurity element is a great example of the bright and the dark side of AI technology," said White House Director Arati Prabhakar.
This week, exiled Russian journalist Galina Timchenko's iPhone was found to contain NSO Group's Pegasus spyware, a Russian businessman was sentenced for insider trading, more than 300,000 people were affected by an attack on See Tickets and period-tracking apps raised privacy concerns in the U.K.
The drumbeat for potential federal legislation to better protect sensitive health information - or at least new regulations - appears to be growing louder in Congress. One of the Senate's four lawmaker doctors is quizzing the healthcare industry on ways to safeguard health data.
China hasn't ordered any restrictions on the use of Apple iPhones by government agencies, according to a Chinese government spokesperson, but the official cited recent security flaws in the iPhone and warned that foreign mobile device manufacturers must abide by domestic information security laws.
This week, Vitalik Buterin was the victim of a SIM swapping attack, North Korea likely orchestrated the $55 million CoinEx hack, OneCoin co-founder Karl Sebastian Greenwood was sentenced to 20 years in prison and former FTX executive Ryan Salame will reportedly plead guilty to criminal charges.
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