This week: 2023 hacking statistics, order for ex-Binance chief to stay in U.S., a $25M crypto AI scam indictment, a $2.7M OKX hack, a Bitcoin security flaw in the NVD, a Uranium hacker's laundering scheme, NDAA rejection of crypto provisions, and Poloniex on regulator radar.
This week, French police arrested an alleged Hive "banker," Amazon cracked down on a refund fraud ring, Ukraine military intelligence said it hacked the Russian tax system, the U.K. Ministry of Defense was fined and Kraft Heinz said it is doing fine after an alleged ransomware attack.
Deepfake and other AI-enabled tools are helping supercharge the arsenal that fraudsters can use to trick victims into thinking their loved ones have been abducted, in what's known as virtual kidnapping, warns Craig Gibson, principal threat defense architect at Trend Micro.
More than a dozen healthcare organizations on Thursday signed a White House pledge committing them to responsible deployment of artificial intelligence in a bid to improve health outcomes for Americans while protecting their security and shielding patients against bias.
A recently spotted hacking group with a penchant for using open-source tools has been using a less-than-novel tactic: exploiting SQL injection flaws. So warn researchers who recently detected attacks by the group, which has the codename GambleForce and appears to focus on gambling and retail firms.
Ukraine's domestic security agency on Wednesday fingered Russian military hackers as being responsible for hacking Kyivstar, in a statement acknowledging damage to the telecom operator's digital infrastructure. Ukraine's top telecom operator was the target of a Tuesday cyberattack.
The FCC approved new guidelines that note how data breaches "have only grown in frequency and severity" since the commission adopted its privacy protection policies 16 years ago. The new rules aim to provide customers and law enforcement with real-time information about critical security incidents.
The Cybersecurity and Infrastructure Security Agency released an advisory Wednesday warning that a Russian military intelligence unit has been actively exploiting a widely used software product since September as part of an effort to gain long-term access to compromised systems.
The U.K. government is in no rush to legislate artificial intelligence, Secretary of State for Science, Innovation and Technology Michelle Donelan said on Wednesday, warning that a hard regulatory approach to AI could risk stifling innovation in this emerging sector of the economy.
Three members of Congress are urging the Department of Health and Human Services to improve HIPAA privacy protections around pharmacy information. The request comes after the lawmakers asked major pharmacy companies how they handle law enforcement requests for patient records.
Hackers are exploiting OAuth applications to compromise user accounts, manipulate and confer elevated privileges, and set up cryptomining operations, which has cost some organizations up to $1.5 million in losses, according to Microsoft's Threat Intelligence team.
Russia and China are expert at picking the "most difficult nexuses" in society - such as free speech protections in the United States - and using them against us, said Jeff Moss, creator of the Black Hat conference, as he outlined near-term geopolitical challenges facing cybersecurity defenders.
Major government agencies in the United States intend to apply artificial intelligence, but the majority of planned use cases are still at the planning stage, a congressional watchdog said. Missing from those efforts is governmentwide guidance on the acquisition and use of AI technologies.
Harry Coker is now the second permanent national cyber director after the Senate voted 59-40 to confirm President Joe Biden’s pick to lead the Office of the National Cyber Director. In his new role, Coker will be tasked with implementing the administration’s national cybersecurity strategy.
The cybersecurity landscape is structured like Swiss cheese - fragmented and full of vulnerabilities. This complex, ever-evolving environment requires a multifaceted approach to address gaps and a specific focus on data security and identity protection, said Maxine Holt, senior director at Omdia.
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