Information Security Media Group this week wrapped up its Cybersecurity Summit: Mumbai, which united digital experts, thought leaders and security leaders from both the public and private sector on hot topics such as digital resilience, security, growth and business transformation.
The guilty verdicts returned by a jury against Sam Bankman-Fried confirmed that the one-time cryptocurrency wunderkind now stands as one of America's biggest fraudsters. His sentencing is scheduled for March 28, 2024. The statutory maximum sentences for his crimes total over 100 years in prison.
AI weaponization, zero days, 'we the people' attacks - these are among the threats projected for 2024 in Fortinet's FortiGuard Labs’ 2024 Threat Predictions. Derek Manky shares insight and analysis on what to expect to defend against in the New Year.
Stolen and compromised credentials continue to be the crux of major health data security incidents involving cloud environments. But stronger credential management practices and a focused approach to "least privilege engineering" would help, said Taylor Lehmann of Google Cloud.
Fortinet plans to shift its R&D and go-to-market investments to the faster-growing SASE and security operations segments as growth slows in the network security market. The company expects "more modest growth" in the near term given that 70% of Fortinet's billings today come from network hardware.
Harry Coker, the former executive director of the National Security Agency, told lawmakers he will take a "whole of government" approach to bolstering national cybersecurity if confirmed to serve as the second-ever permanent national cyber director, a post that has remained vacant for five months.
Accenture acquired one of Spain's most prominent cybersecurity service providers to better support multinational companies with a presence in the country. The consulting giant said its buy of Madrid-based Innotec Security will add 500 cyber professionals to Accenture Security's 20,000-person staff.
The U.K. summit on artificial intelligence was a venue for officials to tout their AI aspirations and for participants to stress benefits of the emerging technology. Participants lauded the U.K. government for bringing together stakeholders, a model that will be replicated in France and South Korea.
This week, Canada banned WeChat and Kaspersky apps, REvil members faced trial in a Russian military court, the British Library experienced an IT outage, Iranian state-backed hackers targeted Middle East governments and European officials extended the ban on Meta's behavioral advertising practices.
Five regional hospitals in Ontario still have no access to patients' electronic health records and other critical data nearly two weeks after an attack on their shared IT services provider. Ransomware group Daixin Team claims it stole more than 5.6 million patient records in the attack.
A software supply chain security startup led by a longtime Google Cloud engineer closed a Series B round to help protect more open-source software. Seattle-area Chainguard said it can secure approximately 80% of the open-source software existing customers run in their enterprise today.
A U.S.-led global coalition against ransomware endorsed a joint policy statement declaring that member governments should not pay ransoms. The International Counter Ransomware Initiative, now entering its third year, includes 48 countries and representatives from the European Union and Interpol.
Oren Eytan spent 25 years in the Israel Defense Forces, rising to the rank of colonel and heading the IDF's cybersecurity unit. Now, as CEO of odix, an Israeli cybersecurity vendor, he is helping his country rebound from the Oct. 7 attacks and support the nation's war against Hamas.
Every week, ISMG rounds up cybersecurity incidents in digital assets. This week, Sam Bankman-Fried testified in his U.S. criminal trial, the United Kingdom issued further crypto regulation, U.S. federal law enforcement arrested SafeMoon executives, and Onyx and Unibot each fell victim to a hack.
Boeing has confirmed suffering a "cyber incident" affecting its parts and distribution business days after the notorious LockBit ransomware group claimed to have breached systems at the world's biggest aerospace company and to have stolen "a tremendous amount of sensitive data."
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