October 14, 2024 at 11:51PM India’s Reserve Bank Governor, Shri Shaktikanta Das, cautioned that while AI offers financial growth opportunities, it also poses systemic risks and concentration concerns in the financial sector. He emphasized the importance of risk mitigation measures for banks and highlighted the need for improved cross-border payment systems and vigilance against misinformation … Read more
October 14, 2024 at 09:22PM China’s authorities have released a document alleging that the Volt Typhoon threat actor is a US invention, contesting earlier claims of Chinese involvement. The document reiterates previous points, citing a lack of evidence from US officials. It advocates for international cybersecurity collaboration while critiquing US surveillance practices. ### Meeting Notes … Read more
October 14, 2024 at 05:09PM Game Freak, the Pokémon franchise’s developer, is facing a security breach, “TeraLeak,” exposing data of over 2,600 employees and partners. The incident, confirmed on Oct. 10, involved unauthorized access to sensitive information, including video game details. The company is contacting affected individuals and reinforcing security measures. ### Meeting Takeaways: 1. … Read more
October 14, 2024 at 04:15PM Microsoft’s report highlights the rising cybersecurity risks faced by K-12 and higher education institutions, often targeted due to their valuable private data. Challenges include limited security staffing, vulnerable IT systems, and young users’ lack of cybersecurity awareness. Effective protective measures include enhancing cyber hygiene and centralized technology monitoring. ### Meeting … Read more
October 14, 2024 at 09:15AM Gryphon Healthcare and Tri-City Medical Center have reported data breaches affecting more than 500,000 individuals. The incidents highlight significant vulnerabilities in healthcare data security. **Meeting Takeaways:** 1. **Parties Involved:** Gryphon Healthcare and Tri-City Medical Center. 2. **Nature of Incident:** Disclosure of significant data breaches. 3. **Impact:** The breaches collectively affect … Read more
October 14, 2024 at 09:15AM The Zero Trust Strategies Summit sessions are now available on demand. SecurityWeek offers a wide range of cybersecurity topics and resources including news, webcasts, and events. Stay updated with their Daily Briefing Newsletter for insights on threats, incident response, and more. Unsubscribe anytime. ### Meeting Takeaways: 1. **Event Highlight:** – … Read more
October 14, 2024 at 09:15AM Casio has confirmed a data breach linked to a recent cyberattack, with a ransomware group now claiming responsibility. The group has leaked files related to the incident, revealing further details about the security breach. **Meeting Takeaways:** 1. **Cyberattack Update**: Casio has confirmed that they were recently targeted by a cyberattack. … Read more
October 14, 2024 at 08:36AM Over 86,000 Fortinet instances remain vulnerable to a critical flaw (CVE-2024-23113) actively exploited since last week, mainly in Asia. The vulnerability, with a high severity rating, affects various Fortinet products and requires urgent updates or mitigations as recommended by Fortinet to ensure security against potential exploits. ### Meeting Takeaways: Fortinet … Read more
October 14, 2024 at 02:40AM Chinese researchers have developed a quantum annealing attack on classical encryption using D-Wave’s systems, posing a substantial threat to public key cryptography. Their peer-reviewed paper highlights vulnerabilities in widely used encryption standards, suggesting the need for enhanced data protection amidst rising quantum computing capabilities and potential cyber threats. **Meeting Notes … Read more
October 13, 2024 at 02:30PM Apple’s macOS Sequoia 15, releasing on September 16, 2024, addresses multiple vulnerabilities through improved permissions, memory handling, and data redaction. Updates are available for various Mac models, enhancing user data security by minimizing unauthorized access and modifications, thereby reducing potential privacy risks for sensitive information. ### Meeting Takeaways **Release Overview:** … Read more