This week: 2023 hacking statistics, order for ex-Binance chief to stay in U.S., a $25M crypto AI scam indictment, a $2.7M OKX hack, a Bitcoin security flaw in the NVD, a Uranium hacker's laundering scheme, NDAA rejection of crypto provisions, and Poloniex on regulator radar.
Deepfake and other AI-enabled tools are helping supercharge the arsenal that fraudsters can use to trick victims into thinking their loved ones have been abducted, in what's known as virtual kidnapping, warns Craig Gibson, principal threat defense architect at Trend Micro.
More than a dozen healthcare organizations on Thursday signed a White House pledge committing them to responsible deployment of artificial intelligence in a bid to improve health outcomes for Americans while protecting their security and shielding patients against bias.
The Cybersecurity and Infrastructure Security Agency released an advisory Wednesday warning that a Russian military intelligence unit has been actively exploiting a widely used software product since September as part of an effort to gain long-term access to compromised systems.
The U.K. government is in no rush to legislate artificial intelligence, Secretary of State for Science, Innovation and Technology Michelle Donelan said on Wednesday, warning that a hard regulatory approach to AI could risk stifling innovation in this emerging sector of the economy.
Hackers are exploiting OAuth applications to compromise user accounts, manipulate and confer elevated privileges, and set up cryptomining operations, which has cost some organizations up to $1.5 million in losses, according to Microsoft's Threat Intelligence team.
Russia and China are expert at picking the "most difficult nexuses" in society - such as free speech protections in the United States - and using them against us, said Jeff Moss, creator of the Black Hat conference, as he outlined near-term geopolitical challenges facing cybersecurity defenders.
Major government agencies in the United States intend to apply artificial intelligence, but the majority of planned use cases are still at the planning stage, a congressional watchdog said. Missing from those efforts is governmentwide guidance on the acquisition and use of AI technologies.
Seeking to maximize profits no matter the cost, ransomware groups have been bolstering their technical prowess and psychological shakedowns with a fresh strategy: attempting to control the narrative. Experts are warning security researchers and journalists to beware being co-opted.
AI holds tremendous promise for both the administrative and clinical sides of healthcare, but obstacles still remain. One of the major hurdles is tied to patient privacy and the sharing of vast amounts of data needed to effectively tune AI models. What are some workarounds?
The European Union will enforce its imminent regulation on artificial intelligence in phases, and bans on the use of prohibited AI are expected to kick in within six months of the regulation's adoption, a European Commission official said on Monday.
EU officials announced a compromise over a regulation on artificial intelligence in the works since 2021, making the trading bloc first in the world to comprehensively regulate the nascent technology. Europe understands "the importance of its role as global standard setter,” said Thierry Breton.
In the future, deepfake technology will have a significant impact on newer forms of authentication such as voice and facial recognition and pose new challenges to defenders, said Ofer Friedman, chief business development officer at AU10TIX, an Israel-headquartered identity verification company.
In the latest "Proof of Concept," Chris Hughes, co-founder and CISO of Aquia, join editors at ISMG to discuss the nuances around software liability, how organizations are integrating standards development practices, and guidelines for determining when a supplier qualifies for safe harbor.
Open-source software is pervasive in healthcare. It is used in critical systems such as electronic health records and components contained in medical devices. Federal regulators are urging healthcare sector firms to be vigilant in managing risks and threats involving open-source software.
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