The revolution ChatGPT drove in the consumer market has prompted enterprises to more closely examine how AI can help safeguard data, says Palo Alto Networks CEO Nikesh Arora. The demands from AI in the enterprise are far more exacting, as firms insist AI be clean, comprehensive and in real time.
Norwegian authorities confiscated crypto assets worth nearly $5.68 million tied to the 2022 Ronin cryptocurrency bridge hack by North Korean state threat actor Lazarus Group. The authority describes the seizure as Norway's largest-ever crypto seizure.
Darktrace has brought in Ernst & Young to review the cybersecurity AI vendor's financial process and controls following bombshell allegations from short seller Quintessential Capital Management. The review comes weeks after QCM claimed that Darktrace overstated its sales, margins and growth rates.
According to the Forrester Wave issued in December 2022, the top challenge security analytics vendors face when bringing SIEM, SOAR and UEBA together is making it easy for customers to manage and maintain the offering, says Forrester analyst Allie Mellen.
The adoption of new technologies, multi-cloud architectures and multiple data storage sites has resulted in data residing in more places than ever before. That's why enterprises need a single pane of glass to know who's touching their data and why, says Imperva CEO Pam Murphy.
Airbus has made a formal offer to purchase a 29.9% stake in Atos' $4.8 billion Evidian cybersecurity, big data and digital business. Atos says it will initiate negotiations focused on both Airbus' offer and a long-term strategic and technological partnership between the two organizations.
In this podcast, Rodman Ramezanian, global cloud threat lead at Skyhigh Security, discusses why the risk of data breaches is so high, how security teams can protect data wherever it resides, and why security leaders should embrace a new mindset for data protection.
Accenture has bought Morphus to get more intelligence around fraud and other cybercrimes Brazilian criminals are perpetuating in the digital world. The Morphus acquisition will help Accenture customers take on financially motivated cyber fraud and insider threats that are pervasive in Brazil.
The founding team behind SOAR vendor Demisto has started a passwordless authentication and user management platform company that caters to the developer community. Descope helps developers embed authentication in the application build process and competes with Auth0 in the CIAM space.
As ransomware continues to disrupt British organizations, the U.K. for the first time has sanctioned alleged cybercriminals, including accused Conti and TrickBot operators. Ransomware victims must conduct due diligence before paying any ransom, as violating sanctions carries severe penalties.
Zscaler has agreed to purchase a startup established by a former Proofpoint executive to help organizations thwart SaaS supply chain attacks. The proposed acquisition of Tel Aviv, Israel-based Canonic Security will help customers streamline SaaS application governance and enforcement.
A cryptocurrency service that North Korean hackers used to launder stolen funds and that was sanctioned by the U.S. Department of the Treasury appears to have resumed as "Sinbad." It has laundered almost $100 million in bitcoin from hacks by Lazarus Group, says blockchain analysis firm Elliptic.
First-party fraud is all about intent and banks have to determine whether the person carrying out the transaction is doing it intentionally. That's hard to do for a basic binary decision model, says Steve Lenderman, senior vice president/director of global loss prevention and fraud, BM Technologies.
The South Korean government sanctioned four North Korean individuals and seven organizations for their involvement in illegal cyber activities to finance the totalitarian regime's nuclear and missile development programs. Stolen cryptocurrency is a principle source of hard currency for North Korea.
Banking Trojans, ransomware, fake finance apps programmed to steal data - the cybercriminal cartels have become more punitive in 2023, escalating destructive attacks on financial institutions. This is just one key finding of the annual Cyber Bank Heists report by Contrast Security's Tom Kellermann.
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