With only 90 early adopters, Federal Reserve's FedNow program faces the challenge of persuading U.S. banks to sign on to the real-time payments initiative launched in July. Experts say the Fed could learn some lessons from successful efforts in Brazil and India.
Growing reliance on both AI and generative AI is posing new challenges to CISOs. For example, CISOs have limited visibility into how certain large language models were packaged, making it difficult for them to spot security and privacy risks, said Chandan Pani, CISO at LTIMindtree.
Dragos completed a Series D extension to help organizations address enhanced OT security requirements from regulators and cyber insurance providers. The money will allow Dragos to help EU businesses affected by updated cybersecurity directives requiring many smaller organizations to boost security.
The list of healthcare entities affected by MOVEit file transfer hacks continues to grow. Nuance Communications acknowledged that hackers had stolen data belonging to 14 of its clients, all North Carolina medical providers. Hackers may have obtained diagnostic information including imaging reports.
In the aftermath of the pandemic and global political unrest, the risks of identity and credential theft have surged, and a deluge of scams are exploiting the crisis. Consumers facing disrupted incomes seek credit solutions, and fraudsters seek to exploit them by using application fraud tactics.
The Clop ransomware group's zero-day attack on MOVEit software was its fourth data theft campaign targeting secure file transfer users. Organizations can combat such attacks by using data minimization and encryption - among other defenses, says Teresa Walsh, global head of intelligence for FS-ISAC.
A financially motivated criminal syndicate that mainly operates in Telegram and underground forums has expanded its criminal arsenal to deploy ransomware and other intrusion capabilities on various cloud applications, warn Mandiant researchers.
Iranian state threat actor "Peach Sandstorm" is growing in sophistication, warns Microsoft in an alert about a campaign of password hacking targeting the satellite, defense and pharmaceutical sectors. The group's newfound polish is reflected in what the hackers did after establishing persistence.
In the latest weekly update, four editors at ISMG discuss important cybersecurity and privacy issues, including how to keep assets secure in the quantum era, when common usernames pose a cybersecurity threat, and how to strike the right balance between regulation and innovation in AI.
TikTok will pay Irish data privacy regulators 345 million euros to settle allegations that it violated the privacy of underage users. A TikTok spokesperson said the company disagreed with the Irish Data Protection Commission, saying the violations are based on features that no longer exist.
Mass cloud migration continues for enterprises of all industries and sizes. And they continue to trip up on complexity, governance and tool rationalization. Bob West of Palo Alto Networks and Wipro's Bhavesh Bhatt talk about how they are addressing these issues with their cloud security partnership.
Casino and hotel giant Caesars Entertainment is warning customers that their personal details were stolen in a recent hack attack. After successfully shaking down Caesars for a ransom, the same attackers are continuing to extort MGM Resorts, claiming to have crypto-locked its EXSi hypervisors.
Two years after President Joe Biden's landmark cybersecurity executive order, the question remains: How are federal agencies adapting to the new focus on zero trust and identity governance? SailPoint's Frank Briguglio tackles this question with crucial insights into the state of cybersecurity today.
Generative AI holds great potential for many amazing applications in healthcare, but it's critical to establish a strong framework before deploying it, said Barbee Mooneyhan, vice president of security, IT and privacy of Woebot Health, a provider of AI-driven online mental health services.
AI allows U.S. agencies to address hard problems like quickly writing secure code but comes with risks around nation-states generating attacks more efficiently. "The cybersecurity element is a great example of the bright and the dark side of AI technology," said White House Director Arati Prabhakar.
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