Identity is more important than ever in today's "work from anywhere" world where the need for secure authentication has become paramount. Zero Trust Authentication complements security investments in EDRs, EPPs, SIEMs and existing SSOs and delivers a passwordless experience that drives productivity.
In the days between May 11 and May 18, the Uranium Finance hacker laundered more stolen funds, LayerZero launched a $15 million bug bounty program, the European Union adopted comprehensive cryptocurrency legislation, and Ledger faced backlash on its seed phrase recovery solution.
The French data protection authority on Tuesday signaled increased concerns over the privacy impacts of generative artificial intelligence and said issues such as data scraping raise data protection questions. Data scraping by AI companies is a flashpoint in the technology's rollout.
Fifteen months after Russia intensified its illegal invasion of Ukraine, experts say top cyber defense lessons policymakers and defenders should apply include focusing on resilience. Building for resilience acknowledges the inevitability of ongoing attacks.
Data443 has bought Cyren's threat intelligence, URL categorization and email security technology out of bankruptcy for up to $3.5 million. Buying Cyren's anti-spam, virus outbreak detection, IP reputation, URL filtering and Threat InDepth data feeds will boost Data443's existing product portfolio.
The European Union on Tuesday formally adopted the world's first comprehensive regulatory regime for the cryptocurrency industry in a measure supporters say will tame volatility illustrated by high-profile crashes such as FTX. The proposal, known as MiCA, will go into effect progressively.
The chief executive of the company behind generative artificial intelligence tool ChatGPT called for global regulations, including licensing, in testimony before a U.S. congressional panel. The Biden administration is already investigating mechanisms to ensure an "AI accountability ecosystem."
IBM has bought a startup founded by a longtime security leader in the Israeli Prime Minister's Office to ensure personal identifiable information isn't left unprotected. The deal will ensure sensitive data isn't exposed in public cloud data stores or SaaS apps like Slack, SharePoint or Office 365.
Huntress has completed a Series C round to expand beyond the endpoint protection market and bring managed security to identity and cloud. Hackers are increasingly going after employee accounts at SMBs and using the compromised identity to move into other systems via SSO, CEO Kyle Hanslovan said.
The "shift left" movement puts "unrealistic" expectations on developers, said Gayatri Prakash, vice president and general manager of compliance at CloudBees. She said installing new tools to manage various parts of the SDLC is not necessarily "going to solve our problem for security."
Cybercrime watchers continue to see prolific use of information-stealing malware such as Raccoon and Vidar, which are being used to populate stolen digital identity listings at markets such as Genesis, RussianMarket and TwoEasy, as well as via Telegram channels offering "clouds of logs."
In the latest weekly update, ISMG editors discuss how the Feds have dismembered Russia's 'Snake' cyberespionage operation; the ongoing debate over privacy laws and regulations in the APAC region; and why more companies are banning the use of generative AI tool ChatGPT.
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