With the growth of generative AI services, organizations want better control of the data going in and coming out of AI. Talon CEO Ofer Ben-Noon discussed how his firm has built a DLP compliance model around generative AI services that blocks healthcare information or SWIFT data shared with ChatGPT.
Big banks want social media firms to take accountability for scams that occur on their payment platforms, but that doesn’t mean reimbursing victims. Banks need to take the lead in making victims whole quickly. And big tech and telcos need to kick the scammers out of their platforms.
The world's top chip manufacturer has dismissed the LockBit 3.0 ransomware gang's hack claim and $70 million ransom. TSMC said the data leak took place at a third-party supplier and contains only certain initial configuration files. It said customer information and operations were not affected.
The U.S. Department of Health and Human Services has notified Congress that the information of at least 100,000 individuals has been compromised in hacking incidents at HHS contractors involving exploitation of a flaw in managed file transfer software MOVEit from Progress Software.
The European Commission is set to finalize its digital wallet initiative after the proposal achieved political consensus on the core elements concerning its implementation. The latest digital monetary initiative comes as Europe rolls out plans for a digital euro.
In the latest weekly update, ISMG editors discuss the potential fallout from an SEC investigation of SolarWinds and its CFO and CISO, why the number of individuals affected by Clop's campaign against MOVEit is on the rise, and highlights from InfoSecurity Europe.
While financial fraud has been prevalent for years, businesses still struggle to find it among large pools of data. In this second installment on accounting fraud, a panel of experts discussed the challenges including a lack of resources, skills and tools to identify fraud.
This week, the U.S. sanctioned Russians running influence campaigns, the owner of the Monopoly darknet drug market was charged, CISA ordered federal agencies to patch flaws before July 13, Suncor Energy suffered a cyberattack and Petro-Canada gas stations were affected.
The new ransomware group 8Base is fast becoming a big player in the underground market, amassing nearly 40 victims in June - second only to the notorious LockBit ransomware gang. The group's top targets include business services, finance, manufacturing and IT industries.
The sensitive personal information of about 1.1 million National Health Service patients including trauma patients and victims of terrorism is reportedly among data compromised in a recent cyberattack on the United Kingdom's University of Manchester. The incident also affected students and alumni.
Researchers discovered an undisclosed malware family named EarlyRat being used by a branch of the North Korea-backed Lazarus Group. Kaspersky researchers said they stumbled upon the never-before-seen malware family, which is deployed in Log4j and phishing attacks.
More victims of the Clop ransomware group's supply chain attack against popular file transfer software MOVEit continue to come to light. Security experts say about 150 organizations now appear to have been affected by the attacks, which compromised the personal data of over 16 million individuals.
Federal regulators have issued a warning about a vulnerability in medical device maker Medtronic's Paceart Optima System which, if exploited, could lead to a denial-of-service or remote code execution affecting the system's cardiac device data.
Venn Software landed Series A funding to help businesses ensure the security and compliance of data on laptops they don't necessarily manage or own. The $29 million will enable firms to control and govern corporate data on worker-owned devices without forcing users to launch remote virtual desktops.
A firm that provides coding and billing services to healthcare entities has agreed to pay federal regulators a $75,000 fine and implement a corrective action plan in the wake of an exfiltration incident that compromised patient data contained in an unsecured network server.
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