A hacker made $34 million from MEV bot attacks, NYDFS penalized Bitflyer for lax cybersecurity, Ishan Wahi was sentenced in the Coinbase insider trading case, the IRS is training Ukraine in blockchain forensics and the New York AG proposed a crypto cybersecurity bill.
Akamai will shrink its workforce by 3% as its shifts resources from its shrinking content delivery business to growth areas in cloud computing and security. The company will shrink its 9,960-person staff by 299 positions as it looks to sustain its profitability levels despite economic headwinds.
In the annals of attempting to downplay the impact of a data breach, here's a new one: British outsourcing giant Capita says the hackers who hit it - steling data pertaining to customers, suppliers and employees - accessed "less than 0.1% of its server estate."
The purchase of promising early-stage startup Laminar by a large tech vendor would match many M&A deals seen in 2023. The downturn has made it tough for small startups to raise additional funding at an increased valuation, while the push for profitability has left big firms open to only tuck-in M&A.
Security researchers say a slight modification to a Microsoft Exchange zero day attack used by Russian state hackers can bypass a patch the computing giant introduced in March. Microsoft patched the modified attack during this month's dump of fixes, rating the bug as "important" but not "critical."
The cybersecurity industry is undergoing profound and rapid change, said John Chambers, the visionary former CEO of Cisco Systems who has turned venture capitalist and predicts the market will soon demand an outcome-focused architecture - not products - to underpin next-generation tech.
A U.S. federal appeals court sided with a company that simulates iPhones for security researchers after Apple sued, claiming copyright infringement. The court dismissed a claim that the company had infringed its copyright over iOS and remanded two other claims related to icons and wallpapers.
What are the challenges facing the U.S. financial sector as it continues its enthusiastic embrace of cloud-based technology? Department of the Treasury Deputy Assistant Secretary Todd Conklin said the agency has been "doing the best we can to secure cloud" as firms increasingly adopt it.
As Bugcrowd helps OpenAI keep pace with the inevitable cybersecurity risks amid the massive popularity of its applications, the bug bounty firm's CEO discusses the unique elements of finding vulnerabilities in OpenAI, its impact and the journey so far.
Most healthcare workers don't check security protocols before trying out new generative AI tools such as ChatGPT, putting patient and other sensitive data at risk, said Sean Kennedy of software vendor Salesforce, which recently conducted research on potential security gaps in healthcare settings.
Researchers found Android malware masquerading as a legitimate application available and downloaded over 620,000 times from the Google Play store. The apps have been active since 2022, posing as legitimate photo-editing apps, camera editors and smartphone wallpaper packs.
Everyone needs to have a security-first mindset for identity because as much as it is a defender's shield, it is also an attacker's target, said Rohit Ghai, CEO at RSA. In fact, identities are the most attacked part of enterprises, yet too little energy is spent on monitoring them.
Over the years, most organizations acquire multiple tools for protecting data, but a variety of personnel and policies make it difficult to manage enterprisewide. Skyhigh Security's Nate Brady says it's time to look into the latest security service edge and secure access service edge solutions.
Cybercrime has grown considerably in the last several years. The scope, velocity and variability of attacks have increased, as has the attack surface - and it's impossible for humans alone to understand, correlate, find the cause, analyze and fix it, said Bipul Sinha, co-founder and CEO of Rubrik.
A key problem in organizations is that security and development are treated as two disparate processes instead of part of the same system. Executives deal with security issues after the fact and don't make it part of the development pipeline, said Nick Durkin, field CTO at Harness.
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