Airbus has once again expressed interest in Atos' $4.8 billion cybersecurity, big data and digital business - this time as a minority stakeholder, Les Echos reports. The Dutch aircraft manufacturer has started exploratory talks to take a noncontrolling interest in Atos' Evidian business.
Rackspace says the ransomware-wielding attackers who disrupted its hosted Microsoft Exchange Server environment last month wielded a zero-day exploit, described by CrowdStrike as being "a previously undisclosed exploit method for Exchange," to gain remote, direct access to servers it hosted.
U.S. banking regulators warned banks to be wary of cryptocurrencies, writing in a joint statement that digital assets on decentralized networks are "highly likely to be inconsistent with safe and sound banking requirements." The missive comes after a volatile year for cryptocurrency.
Former cryptocurrency billionaire Sam Bankman-Fried entered a "not guilty" plea in Manhattan federal district court Tuesday. He faces up to 115 years in prison if found guilty on all counts. Bankman-Fried has been out on $250 million bail in home detention with his parents in California.
After two sensational years in the public markets during the height of COVID-19, 2022 was a rude awakening for the cybersecurity industry. The four-headed monster of inflation, interest rate hikes, supply chain shortages and the ongoing Russia-Ukraine war dragged most stock prices down.
Many ransomware-wielding attackers are expert at preying on their victims' compulsion to clean up the mess. Witness victims' continuing willingness to pay a ransom - separate to a decryptor - in return from a promise from extortionists that they will delete stolen data. As if.
The Bahamas Securities Commission seized digital assets worth $3.5 billion from local firm FTX Digital Markets. The regulator says the funds were at risk of "imminent dissipation" due to hack attacks and will temporarily remain under its exclusive control, stored in secure digital wallets.
In the latest update, four ISMG editors discuss important issues of 2022, including: CISO Marene Allison's unique career path; Ukrainian government cybersecurity official Victor Zhora on lessons learned from countering cyberattacks; and insights from CEO Nikesh Arora of Palo Alto Networks.
Phishing and other socially-engineered schemes are going to get bolder, the attack surface is only going to get bigger, and enterprises everywhere are going to have to focus more on building cyber resilience. These are among the New Year's predictions from Zoom's new CISO, Michael Adams.
Global Cyber Alliance CEO Philip Reitinger shares updates on the alliance's Internet Integrity and Capacity & Resilience programs, which tackle key challenges of internet infrastructure, privacy and safety. Success is measured by the number of partners and "who is using the platform," he says.
In this episode of "Cybersecurity Unplugged, Stan Golubchik, founder and CEO of ContraForce, discusses the company's mission, beginnings and plans for expansion. Golubchik says ContraForce answers the "need for a stronger generalist workforce for cybersecurity."
Meta has reached a $725 million agreement to resolve a class action lawsuit filed over Facebook's user data-sharing practices, after data for 87 million Facebook profiles was transferred to political consultancy Cambridge Analytica in violation of the social network's policies.
As FTX's bankruptcy proceedings continue, customers of the cryptocurrency exchange have filed a lawsuit against its former leadership, contending that they violated "customer agreements" and that customers' missing assets should be prioritized over all claims filed by creditors.
In this episode of "Cybersecurity Unplugged," Liran Paul Hason, co-founder and CEO of Aporia, discusses the current state of machine learning and artificial intelligence in cybersecurity and the most interesting and promising applications for these technologies right now.
The theft of nearly $400 million from cryptocurrency platform FTX hours after it went belly up is now the subject of an investigation by the U.S. Department of Justice, Bloomberg reports. The criminal case is separate from the criminal fraud prosecution of co-founder Sam Bankman-Fried.