Cybersecurity

AI-Focused Financial Crime a Growing Concern Banks Must Monitor

AI-Focused Financial Crime a Growing Concern Banks Must Monitor

Criminals are more skilled at using AI to commit financial crimes than banks are at using AI to stop them, according to a BioCatch survey. BioCatch surveyed fraud-management, anti-money laundering, and risk and compliance officials from 11 countries. Nearly 70% reported an increase in financial crime activity over the past year and about half of […]

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Kaiser Private Data Breach of 13 Million Patients Latest in Health-Related Cybersecurity Risk Trend

The latest healthcare cybersecurity risk impacting more than 13 million former and current patients of California-based Kaiser Foundation Health Plan is part of the record-breaking trend that has been in motion.  The company has notified patients that it unknowingly shared their information with third-party advertisers, including Google, Microsoft and X (formerly Twitter.) Kaiser Foundation Health

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ChatGPT Plugins Pose Security Risks

ChatGPT plugins pose security risks that could provide loopholes for threat actors to seize control of an organization’s account on third-party platforms and access Personal Identifiable Information (PII). ChatGPT plugins enable users to access up-to-date information (rather than the relatively old data the chatbot was trained on), as well as to integrate ChatGPT with third-party

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2024 shaping up to be worse for cybersecurity teams than 2023

The cyber threat landscape in 2024 is shaping up to be worse for cybersecurity teams than 2023. Threat intelligence firm Flashpoint has logged dramatic increases in all major threat indicators January through February 2024. According to Flashpoint’s data there were 6,077 recorded data breaches in 2023, with attackers accessing more than 17 billion personal records

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AI Security to Dominate Technology News of 2024

AI will continue to dominate technology news for 2024 with industry leaders from the enterprise security segment naming AI security as a top concern, according to a recent study by the Security Industry Association (SIA). AI security encompasses cybersecurity practices for the protection of data, IP, and corporate integrity as AI is adopted by businesses

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Phishing Trends for 2024

A recent report from Swiss technology company Acronis revealed that phishing remains the most popular tactic for stealing credentials, making up 73 percent of all cyberattacks. The phishing trends for 2024 include smishing and deepfakes, as the race in developing AI technology continues to be a critical one between cybercriminals and cybersecurity experts.. The following

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23andMe Blames Poor User Password Practices on Massive Breach

Consumer genetics and research company 23andMe is facing multiple lawsuits over a 2023 data breach that went undetected for 5 months, and official reaction from company officials places the blame on poor user password practices.  The company, known for its at-home genetic tests, has confirmed hackers gained access to nearly 7 million customers’ profiles in

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Cyber Threats Rank as a Top Global Business Threat in 2024

According to a report from international financial services provider Allianz, cyber threats rank as a top global business threat in 2024. These attacks, ranging from ransomware attacks, data breaches to other IT disruptions are a top concern for companies worldwide in 2024. In the U.S. specifically, cyber has replaced business interruption as the leading risk

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Popular Remote Desktop Software Provider AnyDesk Victim of Cyberattack

Anydesk, a popular remote desktop software provider based in Germany, has confirmed it was the target of a cyberattack during a four-day outage in late January. The company published a public statement regarding indications of an incident on some of AnyDesk’s systems, and afterwards conducted a security audit and found evidence of compromised production systems.

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