LLM Security Startup Lasso Emerges From Stealth Mode

November 21, 2023 at 10:21AM Stealth mode security startup Lasso Security has raised $6 million in seed funding, led by Entrée Capital and with participation from Samsung Next. The Tel Aviv-based company is developing technology to address cyber threats faced by generative AI and large language models, aiming to protect businesses that use these technologies. … Read more

Lasso Security Emerges From Stealth With $6M Seed Funding for Gen AI and Advanced LLM Cybersecurity

November 20, 2023 at 05:19PM Lasso Security, a cybersecurity company specializing in Large Language Models (LLMs), has raised $6 million in a seed funding round led by Entrée Capital and Samsung Next. Lasso aims to address the cybersecurity challenges posed by LLMs and provide comprehensive protection for businesses leveraging Generative AI. The funds will be … Read more

Toronto Public Library confirms data stolen in ransomware attack

November 15, 2023 at 02:24PM The Toronto Public Library (TPL) experienced a ransomware attack in October, resulting in the theft of personal information belonging to employees, customers, volunteers, and donors. The compromised file server contained data dating back to 1998, including names, social insurance numbers, birth dates, home addresses, and government-issued identification documents. The library … Read more

Protecto Joins Cadre of Startups in AI Data Protection Space

November 8, 2023 at 01:45PM Protecto, a San Jose startup, has secured $4 million in seed funding to develop technology aimed at securing corporate AI deployments. The company plans to use the investment to hire engineering talent and expand its market initiatives. Protecto’s easy-to-use APIs aim to help organizations protect data and ensure compliance throughout … Read more

Guide: How vCISOs, MSPs and MSSPs Can Keep their Customers Safe from Gen AI Risks

November 8, 2023 at 06:15AM “ChatGPT is experiencing a high volume of usage, with many organizations utilizing it for various functions. However, the use of generative AI poses security risks such as data breaches, compromised identities, and intellectual property loss. It is crucial for MSPs, MSSPs, and vCISOs to address these concerns and educate their … Read more

TransForm says ransomware data breach affects 267,000 patients

November 7, 2023 at 06:43PM TransForm, a shared service provider for multiple hospitals in Ontario, has confirmed that a recent cyberattack on their systems was a ransomware attack. The attackers stole a database containing information on 5.6 million patient visits. The impacted hospitals had to reschedule appointments and redirect non-emergency cases. The organization has stated … Read more

Crafting an AI Policy That Safeguards Data Without Stifling Productivity

November 7, 2023 at 01:08PM Chief information security officers (CISOs) are facing challenges in the evolving threat landscape with the rise of AI. While some companies are tempted to ban AI due to concerns about bias, lack of transparency, security, and data privacy, AI brings undeniable benefits. CISOs should establish a corporate AI policy that … Read more

Free Tool Helps Industrial Organizations Find OPC UA Vulnerabilities

November 7, 2023 at 10:03AM OpalOPC is a free tool developed by Molemmat Oy to help industrial organizations identify misconfigurations and vulnerabilities in their OPC UA applications. The tool is recommended for developers, auditors, security testers, and engineers, and offers a graphical user interface and a command-line interface. It is available for both Windows and … Read more

Mortgage Giant Mr. Cooper Shuts Down Systems Following Cyberattack

November 4, 2023 at 12:30PM Mortgage company Mr. Cooper has temporarily suspended operations and shut down certain systems after experiencing a cyberattack on October 31. The attack prompted containment measures and an ongoing investigation into the unauthorized access to technology systems. Customer payments are currently not being processed, but will resume once systems are restored. … Read more

Canada bans WeChat and Kaspersky products on govt devices

October 31, 2023 at 11:13AM Canada has banned the use of Kaspersky security products and Tencent’s WeChat app on mobile devices used by government employees due to network and national security concerns. The ban will take effect on October 30, 2023, and the government has stated that there is no evidence of government information being … Read more