A U.S. couple is set to file a plea deal for their role in laundering $4.5 billion in cryptocurrency from the Bitfinex virtual currency exchange in 2016. Federal prosecutors say they moved crypto to hide their tracks, withdrew it from ATMs and used gift cards to spend the money.
BeyondTrust has focused on locking down the infrastructure that privileged users access to improve their security posture and lower administrative overhead, said CEO Janine Seebeck. The identity vendor has helped privileged users access MSP customer environments without complicated firewall rules.
Suspected North Korean hackers who targeted enterprise software firm JumpCloud are likely behind a social engineering campaign targeting the personal GitHub accounts of employees from major technology firms - including those in the cybersecurity sector.
With both excitement and fear swirling around the opportunities and risks offered by emerging AI, seven technology companies - including Microsoft, Amazon, Google and Meta - have promised the White House they would ensure the development of AI products that are safe, secure and trustworthy.
In the latest weekly update, ISMG editors discuss key takeaways from ISMG's recent Healthcare Summit, how the healthcare sector is embracing generative AI tools, and why Microsoft just decided to give all customers access to expanded logging capabilities.
Organizations went from having little information about their security posture to drowning in so many alerts that no human could possibly understand it all. Broadcom has focused on artificial intelligence for IT operations to help companies identity and remediate the root cause of security alerts.
A Florida hospital is notifying 1.2 million patients that their information was stolen by hackers in a cybersecurity incident that spanned for nearly three weeks in May as attackers tried to encrypt the entity's systems with ransomware. The hospital repelled the attack but couldn't stop the breach.
The crazy fluctuations in the stock market over the past 14 months can drive short-term thinking for publicly traded firms, said CEO Fran Rosch. A proposed $2.3 billion buy by Thoma Bravo would allow ForgeRock to think about the best long-term investments and opportunities in the identity market.
The count of organizations affected by the Clop ransomware group's attack on MOVEit file-transfer software users continues to grow, now numbering over 400 organizations that were directly or indirectly impacted. More than 20 million individuals' personal details were stolen in the attacks.
Modern construction techniques are employing a wide range of smart devices to control the environment, facilitate communications and save money. Virtually Informed CTO Sarb Sembhi shared a new report on IoT security for smart buildings with advice on complying with current and upcoming regulations.
The new version of the Network and Information Systems Directive, or NIS2, created by EU member states in January 2023, enhances security requirements, simplifies reporting obligations and introduces stricter supervisory measures, says Karl Lankford of BeyondTrust.
Discover how Merck, a traditional global pharma giant, achieved efficiency by embracing RPA and bots for regulatory documentation. Learn how this technology revolutionized their workflow and what it mean for the future of the pharmaceutical industry.
FedNow, the Federal Reserve's first instant payment service, officially launched on Thursday. FedNow so far has 35 banks and credit unions and 16 service providers certified to use the service, including community banks and large lenders such as JPMorgan Chase and Bank of New York Mellon.
This week, the U.S. ambassador to China was the latest Chinese hack victim, Linux malware infected 70,000 routers, Norway banned Meta ads, the MOVEit breach affected 1.2 million more customers, a Russian medical lab suffered a ransomware attack, and Estée Lauder shut down systems after a breach.
Security researchers say the Chinese state-sponsored espionage group APT41 is using WyrmSpy and DragonEgg surveillance malware to target Android mobile devices. APT41 recently switched tactics to develop malware specific to the Android operating system.
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