This week, the U.S. banned AI robocalls, researchers discovered a Linux bootloader flaw, France investigated health sector hackings, the feds offered money for Hive information, Verizon disclosed an insider breach, Germany opened a cybersecurity center, and cyberattack victims reported high costs.
This week, SIM swappers were linked to the FTX hack, AI-generated fake IDs likely bypassed crypto KYC checks, the Treasury addressed the illicit use of crypto, the SEC increased crypto oversight, Quantstamp released January's crypto hack statistics, and South Korea introduced a crypto crime law.
Entrust, a pioneer payment, identity and data security software and services provider, is in talks to acquire Onfido, a pioneer in cloud-based, AI-powered identity verification technology, for a reported $400 million. The combined solution will help customers fight identity fraud.
The U.S. Department of Homeland Security is recruiting dozens of artificial intelligence experts to integrate AI abilities into government work such as defending against cyberthreats and using AI-powered computer vision to assess damages after a disaster.
Breathless reports claim 3 million IoT toothbrushes have been remotely compromised and used to target unsuspecting businesses via distributed denial-of-service attacks. Just one problem: This story has more holes in it than the teeth of kid with a 10-pack-a-day Gummy Bear habit.
Hackers can use generative AI and deepfake technology to manipulate live conversations, IBM security researchers said. They used the "surprising and scarily easy" audio-jacking technique to intercept a speaker's audio, replace an authentic voice with a deepfake, and share fake bank account data.
The novel variant of the banking Trojan Mispadu is targeting Latin American countries, especially Mexico, by exploiting a flaw in Windows SmartScreen. In this latest distribution method, the attackers send spam emails that deliver deceptive URL files that circumvent the SmartScreen banner warning.
The escalating adoption of generative AI has introduced concerns regarding data privacy, fake data and bias amplification. Ashley Casovan, managing director of the IAPP AI Governance Center, discusses the need to develop governance models and standardize AI systems.
Greater diplomacy and faster vulnerability identification and remediation, backed by more bug bounty programs, are needed to combat the ongoing rise of advanced surveillance tools now being offered by at least 40 commercial spyware vendors, said Google's Threat Analysis Group.
In times of conflict, such as the Israel-Hamas war, intelligence becomes even more important than it is in peacetime. Red Curry, chief marketing officer at Tautuk, and his brother, Sam Curry, CISO at Zscaler, discuss the need for a combined intelligence strategy and better resilience in wartime.
Fraudsters used deepfake technology to trick an employee at a Hong Kong-based multinational company to transfer $25.57 million to their bank accounts. Hong Kong Police said Sunday that the fraudsters had created deepfake likenesses of top company executives in a video conference to fool the worker.
A U.K. parliamentary committee scrutinizing the artificial intelligence market urged the British competition regulator to closely monitor developers of foundation models and warned against regulatory capture. Already, the market is trending toward consolidation, said a House of Lords committee.
The number of victims who opt to pay a ransom appears to have declined to a record low. During the last three months of 2023, an average of 29% of organizations hit by ransomware paid a ransom - a notable shift from what ransomware watchers saw in recent years.
This week, a Ripple co-founder and a karaoke platform were hacked, Mexican crypto banks were targeted, authorities seized crypto in the U.S. and Germany, the DOJ made charges in crypto cases, people pleaded guilty to money laundering and SIM swapping, monero was traced, and FTX will not restart.
The FBI announcing that it has forcibly removed "KV Botnet" Chinese nation-state malware from "hundreds" of poorly secured SOHO routers across America highlights the risk posed by the growing volume of outdated IoT devices. The FBI's fix is temporary, and we need a more permanent solution.
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