This week, hackers ran crypto phishing scams on X accounts, the SEC approved bitcoin ETP, hackers stole $3.4 million from Gamma, dYdX detailed post-hack steps, CertiK published 2023 hack stats, TRM Labs discussed North Korean hacking and Apple India blocked users from offshore crypto exchanges.
Google Cloud's Mandiant says its account at X, formerly Twitter, was hijacked and used to link to cryptocurrency phishing pages after an attacker guessed the account password, apparently after Twitter last year deactivated the account's SMS-based two-factor authentication, leaving it unprotected.
The European Commission took preliminary steps toward investigating Microsoft's financial interest in ChatGPT maker OpenAI under the trading bloc's antitrust regulation. The Tuesday announcement marks the second instance of official interest in Microsoft's investments in the generative AI firm.
Hewlett Packard Enterprise announced a $14 billion acquisition deal with networking equipment maker Juniper Networks and is touting the deal as a way to position the Silicon Valley stalwart for the burgeoning artificial intelligence market. The transaction values Juniper at $40 per share.
The U.S. Securities and Exchange Commission said it is probing the "compromise" of its X - formerly known as Twitter - social media accounts after a hacker broadcast a fake post claiming the agency had approved spot bitcoin exchange-traded funds, which sent the value of bitcoin rocketing.
ChatGPT maker OpenAI acknowledged that it would be "impossible" to develop generative artificial intelligence systems without using copyrighted material. The company defended its use of copyrighted material, stating that current copyright law does not forbid training data.
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.
In a solicitation for synthetic data generators, the U.S. federal government is looking for a machine that can generate fake data for real-world scenarios, such as identifying cybersecurity threats. Synthetic data can boost the accuracy of machine learning models or be used to test systems.
Machine learning systems are vulnerable to cyberattacks that could allow hackers to evade security and prompt data leaks, scientists at the National Institute of Standards and Technology warned. There is "no foolproof defense" against some of these attacks, researchers said.
In the wake of an apparently weak password being harvested by information-stealing malware and used to disrupt telecommunications giant Orange Spain's internet traffic, an expert is warning all organizations to beware of copycat attacks - and to lock down their internet registry accounts.
Ukraine's security intelligence chief said Russian hackers had been responsible for severing internet access and mobile communications from telecom operator Kyivstar in December, after compromising the firm's network months ago. He said the "disastrous" cyberattack had wiped "almost everything."
There are many potential uses for generative AI at financial services firms, but few are more promising than those in the areas of risk and fraud, said Kristine Demareski, vice president of payments at Genpact, which is already harnessing AI to increase efficiencies in analysts' decision-making.
Chase Cunningham discusses his new book, "How NOT to Lead: Lessons Every Manager Can Learn from Dumpster Chickens, Mushroom Farmers, and Other Office Offenders,” which details critical errors that can undermine your cybersecurity leadership and jeopardize your reputation and your company's future.
French IT firm Atos has confirmed it is in early-stage talks with Airbus to sell its cybersecurity unit for an estimated 1.8 billion euros, or 1.79 billion. The latest Airbus offer comes just six months after Airbus' unsuccessful bid for a minority stake in Atos Evidian.
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