This week, ISMG editors covered the hot topics at ISMG's London Cybersecurity Summit 2023, including the technical landscape of AI, executive liability, incident response strategies in the face of a global ransomware attack and how to build personal resilience to avoid burnout.
Vice President at Appgate, Mike Lopez, offers his expert analysis on the survey findings and how this year's results were unique to the most current cyber threats.
Last year's winner of RSA Conference's prestigious Innovation Sandbox contest could soon be acquired by Palo Alto Networks, according to Calcalist. The platform security behemoth is in advanced negotiations to purchase enterprise browser startup Talon Cyber Security for $600 million, Calcalist said.
Cybersecurity experts urged Congress to avoid a government shutdown on Oct. 1 - the start of the new federal fiscal year - telling a House panel that a lapse would damage efforts to keep the nation secure. Congress has yet to approve funding bills necessary to keep most federal agencies operational.
An April ransomware attack against one of Australia's largest law firms swept up the data of 65 Australian government agencies, the country's national cybersecurity coordinator said Monday. The Russian-speaking Alphv hacking group claimed responsibility earlier this year for hacking HWL Ebsworth.
Credit reporting agency TransUnion may be the subject of a hacking incident leading to a data breach after a hacker apparently stole information of 58,505 customers across North and South America and Europe. TransUnion has not acknowledged the hack and refused to discuss the matter on the record.
Established provider LexisNexis Risk Solutions remains atop Forrester's digital fraud management rankings, while upstart Sift broke into the leaders category for the first time. Many providers in the space have expanded from payment transactions to account takeover fraud as well as handling scams.
With only 90 early adopters, Federal Reserve's FedNow program faces the challenge of persuading U.S. banks to sign on to the real-time payments initiative launched in July. Experts say the Fed could learn some lessons from successful efforts in Brazil and India.
In the aftermath of the pandemic and global political unrest, the risks of identity and credential theft have surged, and a deluge of scams are exploiting the crisis. Consumers facing disrupted incomes seek credit solutions, and fraudsters seek to exploit them by using application fraud tactics.
A financially motivated criminal syndicate that mainly operates in Telegram and underground forums has expanded its criminal arsenal to deploy ransomware and other intrusion capabilities on various cloud applications, warn Mandiant researchers.
Iranian state threat actor "Peach Sandstorm" is growing in sophistication, warns Microsoft in an alert about a campaign of password hacking targeting the satellite, defense and pharmaceutical sectors. The group's newfound polish is reflected in what the hackers did after establishing persistence.
TikTok will pay Irish data privacy regulators 345 million euros to settle allegations that it violated the privacy of underage users. A TikTok spokesperson said the company disagreed with the Irish Data Protection Commission, saying the violations are based on features that no longer exist.
Casino and hotel giant Caesars Entertainment is warning customers that their personal details were stolen in a recent hack attack. After successfully shaking down Caesars for a ransom, the same attackers are continuing to extort MGM Resorts, claiming to have crypto-locked its EXSi hypervisors.
AI allows U.S. agencies to address hard problems like quickly writing secure code but comes with risks around nation-states generating attacks more efficiently. "The cybersecurity element is a great example of the bright and the dark side of AI technology," said White House Director Arati Prabhakar.
This week, exiled Russian journalist Galina Timchenko's iPhone was found to contain NSO Group's Pegasus spyware, a Russian businessman was sentenced for insider trading, more than 300,000 people were affected by an attack on See Tickets and period-tracking apps raised privacy concerns in the U.K.
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