Hackers have reportedly stolen about $7.5 million from a Department of Health and Human Services grant payment system in a series of cyberattacks last year. The news comes in the midst of HHS and other authorities warnings about rising threats involving social engineering and payment scams.
Non-bank mortgage lending giant LoanDepot says hackers stole "sensitive personal information" pertaining to 16.6 million customers when they breached its systems earlier this month as part of a ransomware attack. The company said it will directly notify all affected customers.
Two tech advocacy groups are pushing the Federal Trade Commission to investigate Google, alleging the company has reneged on a promise it made after the Supreme Court's 2022 overturn of Roe v. Wade to promptly delete location data about users' visits to sensitive places, such as abortion clinics.
The U.S. Cybersecurity and Infrastructure Security Agency directed federal agencies to implement mitigation measures for two zero-day exploits that affect Ivanti’s popular VPN products while they await a patch, in what one official described as "a rapidly evolving situation."
In the latest weekly update, ISMG editors discussed why crypto-seeking drainer scam-as-a-service operations are thriving, a novel legal move that recovered a hospital's stolen data, and a ground-breaking case involving bitcoin that could streamline recovery for victims.
Arati Prabhakar, director of the White House's Office of Science and Technology Policy, said during an event at the 2024 World Economic Forum that generative artificial intelligence has the potential to "dramatically accelerate and amplify the erosion of information integrity."
The American Hospital Association is warning of increasingly sophisticated social engineering scams targeting hospital IT help desks with schemes involving the stolen credentials of revenue cycle and other finance employees to commit payment fraud against the institutions.
OpenAI said it is taking steps to prevent use of its models in online influence operations throughout the 2024 election season, amid growing concerns about election security and increasing fears that political deepfakes and AI-generated election misinformation could significantly disrupt democracy.
The ubiquity and anonymity of cryptocurrencies are fueling economic, legal and ethical challenges that put healthcare entities in the crosshairs of cybercriminals, said David Hoffman, general counsel of Claxton-Hepburn Medical Center, which recently filed a lawsuit against ransomware gang LockBit.
Federal agencies are making significant headway in achieving a series of critical cybersecurity milestones included in a sweeping executive order on artificial intelligence the president signed in October 2023, according to White House Special Advisor for AI Ben Buchanan.
A North Carolina healthcare system has agreed to pay $6.6 million to settle a consolidated class action lawsuit involving its use of tracking tools in its websites and patient portals. The suit alleges the website trackers sent sensitive patient information to third parties without their consent.
Consumer groups continue to fight for banks to reimburse victims of authorized push payment scams, but regulators in some countries including the United Kingdom and Australia are looking for ways to tighten controls, said Ken Palla, fraud expert and retired director at MUFG Union Bank.
A cloud services firm has turned over to a New York hospital alliance the patient data stolen in a ransomware attack by LockBit. The hospital group had filed a lawsuit against LockBit as a legal maneuver to force the storage firm to return data the cybercriminals had stashed on the vendor's servers.
A Mississippi health system is notifying nearly 253,000 individuals that their data was potentially compromised in a "malicious and sophisticated ransomware" attack last August that also took IT systems offline. The cybercriminal gang Rhysida had claimed responsibility for the assault.
The Department of Defense released a 60-page strategy that aims to modernize the defense industrial ecosystem and focuses on four long-term strategic priorities: improving supply chain resilience, enhancing workforce readiness, streamlining acquisitions and refining economic deterrence measures.
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