Microsoft, OpenAI: Nation-States Are Weaponizing AI in Cyberattacks

February 14, 2024 at 05:26PM Major world powers are increasingly utilizing large language models to bolster their offensive cyber capabilities, marking a shift from theory to practical application in this field. From the meeting notes, it is clear that the world’s major powers are actively utilizing large language models to bolster their offensive cyber operations. … Read more

Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

February 14, 2024 at 07:15AM Summary: The financial services sector faces escalating cybersecurity challenges as cybercriminals employ advanced tactics, AI, and deep fake technology. Recent trends reveal a surge in cyberattacks, data breaches, and state-sponsored threats. Community banks are particularly vulnerable and must address cloud security, ransomware, vendor risk, regulatory compliance, and talent shortages. Proactive … Read more

French Healthcare Payments Processor Breaches Affect Half of Population

February 13, 2024 at 11:57AM France’s data protection agency CNIL is investigating massive data breaches at two healthcare payment management companies, potentially affecting over 33 million people. The cyberattack targeted Viamedis and Almerys, compromising personal data such as marital status and social security numbers. CNIL will ensure the companies comply with GDPR rules on victim … Read more

Bank of America Customer Data Stolen in Data Breach

February 13, 2024 at 09:57AM Bank of America notified 57,000 customers of a data breach at third-party provider Infosys McCamish System. The parent company, Infosys, disclosed the cyberattack on November 3, 2023, stating that customer data was exfiltrated. Bank of America informed customers of potential compromise of personal information and offered identity theft protection. The … Read more

Ransomware Attack Knocks 100 Romanian Hospitals Offline

February 13, 2024 at 06:33AM A file-encrypting ransomware attack on the Hipocrate Information System (HIS) in Romania has led to data encryption in 26 hospitals. As a result, hospitals are resorting to pen and paper for record keeping. The attackers have demanded a 3.5 Bitcoin ransom, but DNSC advises against paying. Affected facilities are following … Read more

Meta says risk of account theft after phone number recycling isn’t its problem to solve

February 13, 2024 at 03:30AM Meta has acknowledged the potential for account takeovers due to the reuse of phone numbers, particularly after being abandoned for at least 45 days. This issue implicates telecom companies’ phone number recycling practices, leading to security and privacy risks. Despite reports and attempts to address the issue, Meta has declined … Read more

Bugcrowd Secures $102M in Strategic Growth Funding to Scale AI-Powered Crowdsourced Security Platform

February 12, 2024 at 03:30PM I’d be happy to help with that, but it seems like you haven’t provided the text for the summary. Could you please share the text you’d like me to summarize? I would be happy to help generate clear takeaways from the meeting notes. Please go ahead and provide me with … Read more

33M French Citizens Impacted in Country’s Largest-Ever Breach

February 12, 2024 at 02:17PM The French data protection agency, CNIL, is investigating two data breaches at payment processors affecting nearly half of the country’s population. Cyberattackers accessed data for 33 million citizens through phishing attacks. The compromised personally identifiable information includes details often used for social engineering attacks. This highlights the vulnerability of businesses … Read more

Cohesity to Buy Veritas’ Data Protection Businesses

February 11, 2024 at 07:21AM Cohesity will acquire Veritas’ data protection business, creating a $7 billion security and management giant. The combined entity, led by Cohesity’s Sanjay Poonen, is projected to have over $1.6 billion in revenues with an expected close by the end of 2024. A separate company called DataCo, led by Lawrence Wong, … Read more

The ever-present state of cyber security alert

February 9, 2024 at 09:17AM As AI technology becomes more complex, so do the threats from bad actors. Despite AI’s increasing use, organizations must be mindful of cybersecurity risks. Cloudflare addresses these concerns in a webinar on 22nd February. The discussion will focus on securing AI use, reducing vulnerabilities, and practical steps for protection. Register … Read more