The Federal Trade Commission voted unanimously to approve the use of civil investigative demands for investigations related to the use of artificial intelligence, after a White House executive order on AI tasked the commission with policing competition and protecting consumers.
A report from the global financial services company Moody’s Corp. says the Industrial and Commercial Bank of China may suffer reputational damage to its financial services subsidiary after the unit was hit with a ransomware attack from the notorious Russian-linked cybercriminal group LockBit.
The hacktivist group SiegedSec has taken responsibility for a massive data breach targeting Idaho National Laboratory, a leading nuclear energy testing lab. Concerns are now growing over what data was stolen from the laboratory - and who might have access to it.
The world's largest cryptocurrency exchange will withdraw from the U.S. market after now-former chief executive officer Changpeng Zhao pleaded guilty to felony money laundering charges in a U.S. court and the company agreed to pay $4.3 billion into federal coffers.
Mobile banking Trojans spread through deceptive social media messages remain a problem for Indian smartphone users, warns Microsoft. India accounts for 4 in 10 global transactions made with digital payments, according to the National Payments Corporation of India.
Binance Chief Executive Changpeng Zhao will plead guilty to violating anti-money laundering statutes in U.S. federal court in a settlement ending an investigation into illicit transactions at the world's largest cryptocurrency exchange. The company will pay $4.3 billion in fines and forfeiture.
With experts warning that NetScaler ADC and Gateway devices are being exploited by nation-state and cybercrime groups, the manufacturer has again urged all users to "patch immediately" as well as terminate active sessions, which attackers can otherwise use to access devices even post-patch.
Drenan Dudley, who previously served as deputy national cyber director for strategy and budget at the Office of the National Cyber Director, will temporarily lead the agency while the White House nominee to serve in a permanent capacity awaits a vote in the Senate.
The Ukrainian government dismissed two top cybersecurity officials as the country's anti-corruption unit probes suspected embezzlement. Six individuals have been accused of inflating the value of software and services contracts to misappropriate $1.7 million.
A hacking group linked to Russian domestic intelligence and known as Gamaredon is deploying a worm dubbed "LitterDrifter" that is spread through thumb drives to attack Ukrainian organizations. LitterDrifter has two functions: automatic propagation and communication with command-and-control servers.
Trackers of the tally of individuals affected by the Clop ransomware group's mass hack attack on MOVEit servers added another 4.5 million patients' data to the ever-ascending total. The incident currently affects more than 2,600 organizations and 77 million individuals.
Compromised mobile apps can be an open door to critical
enterprise app servers and other back-end systems,
and this survey aims to shine a light on a potential hole in
most enterprise security walls – exposing potential gaps in
CISO awareness.
The chief operating officer of an Atlanta-based cybersecurity firm has pleaded guilty and agreed to pay restitution of more than $818,000 in a federal criminal case in which he admitted hacking a Georgia medical center in 2018 in an effort to drum up business for his company.
Global Tel*Link, a major telecommunications provider for state and federal prison systems, will be required to notify the FTC and consumers of future security incidents after a sweeping data breach left hundreds of thousands of its users vulnerable to identity theft and other privacy concerns.
An Israeli private eye faces nearly seven years in U.S. prison after admitting he had overseen a hacking campaign against climate change activists. A Manhattan federal judge on Thursday sentenced Aviram Azari to 80 months in prison after he pleaded guilty in April 2022.
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