Welcome to "Cyber Fail" - ISMG's roundup of all that's broken in the world of cybersecurity, where our panel of experts uncovers the fails so we can strengthen our defenses. In this episode, ISMG host Anna Delaney takes on bumbling cybercrooks, avoidable breaches and the ethics of paying a ransom.
A data security startup led by a Microsoft and Google veteran and backed by Samsung and CrowdStrike could soon be acquired by Palo Alto Networks. The company is in advanced talks to buy data security posture management startup Dig Security for between $300 million and $400 million.
The United States and South Korea reaffirmed a commitment to mitigate the risks in technologies including AI, 5G networks and cloud computing, while developing an "inclusive approach" to govern their use. The two countries said governance must support the development of trustworthy AI.
Microsoft updated Windows 11 on Tuesday to simplify passwordless adoption, protect against malicious code and have the ability to refresh configuration in the event of tampering. Updates to Windows 11 allow users to replace passwords with passkeys to stop hackers from exploiting stolen passwords.
The British government's first-ever global summit on artificial intelligence will focus on mitigating cybersecurity and safety risks tied to the emerging technology. The AI Safety Summit planned for Nov. 1-2 will focus on mitigating risks tied to frontier AI.
Information Security Media Group recently concluded its Cybersecurity Summit: London, which brought together industry leaders for a day of informative sessions covering a diverse range of critical cybersecurity topics, including CISOs' vulnerability to liability, ransomware threats and burnout.
Federal Reserve Board Governor Lisa D. Cook is cautiously optimistic about the impact of generative AI on jobs and productivity but urged the industry to address the "very real concerns." While she sees "broad benefits from its use, in the short term, she said, AI could disrupt the labor market.
The Polish data regulator launched a probe into OpenAI's ChatGPT for potential privacy violations of the European General Data Protection Regulation. The Polish regulator is the third European data protection agency to raise privacy concerns related to ChatGPT.
Apple released patches Thursday to close three actively exploited vulnerabilities that researchers say commercial spyware maker Cytrox used to infect the iPhone of Egyptian politician Ahmed Eltantawy with Predator malware. The Citizen Lab attributes the attacks to the Egyptian government.
A late-stage SASE startup led by a serial entrepreneur hauled in a massive equity investment to address the feature and capability needs of large enterprises. The $238 million in funding will allow Cato Networks to more tightly align CASB and DLP with SASE to safeguard cloud apps and sensitive data.
SentinelOne observed suspected cyberespionage actors of unknown origin using modular backdoors and highly stealthy tactics in August to target telecommunication companies in the Middle East, Western Europe and South Asia. The group, tracked as Sandman, is using the novel backdoor LuaJIT.
This week, hackers stole $70 million from CoinEx, FTX resumed online claims, Balancer suffered a breach, Celsius creditors are targets of phishing, nearly $900,000 was stolen from Mark Cuban's hot wallet, Malta prepares for crypto regulation and Hong Kong cracked down on illicit crypto exchanges.
A recent, brief disruption at Canadian airports is a reminder that Russia-aligned hacking groups' bark remains worse than their bite. Experts say these groups' impact largely remains minimal, which begs the question of how they disrupted arrival kiosks across Canadian airports.
It turns out SIEM isn't on life support after all. Cisco is providing 28 billion reasons to believe enterprises aren't scrapping the security operations center staple anytime soon, even though rivals with other types of security technology have attempted to write SIEM's obituary for years.
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