Nozomi Networks notched a $100 million funding round led by Schneider Electric and Mitsubishi, spotlighting the urgent need for advanced cybersecurity measures to protect critical infrastructure, industrial control systems and IoT networks in light of the increased destructiveness of attacks.
Threat actors are using image files or Scalable Vector Graphics files to deliver ransomware, download banking Trojans or distribute malware. The campaign uses an open-source tool, AutoSmuggle, to facilitate the delivery of malicious files through SVG or HTML files.
The European Parliament on Wednesday approved the Artificial Intelligence Act, completing a penultimate step to enacting the world's first comprehensive AI regulation. The act needs final signoff from the European Council, which is expected by May.
Agility, scale and consumption - these are three business benefits Palo Alto Networks Software Firewalls bring to cloud network security. Tiffany Henry and Katherine Rigdon of Palo Alto Networks showcase these features and the value of finding them all on a single platform.
Criminals in China increasingly keep a low profile on public-facing forums and rely on Telegram and other encrypted foreign messaging apps to discreetly coordinate their activities or sell wares, according to a new report charting how the Chinese cybercrime ecosystem continues to evolve.
Cyberattacks hit multiple parts of the business - not just IT. For example, a spam attack on a Singapore bank affected both IT infrastructure and overall business operations, said Chee Lung Yuen, CISO at AIA Malaysia. That's why CISOs need to consider all potential risks, he said.
LockBit ransomware affiliate Mikhail Vasiliev on Tuesday received a nearly four-year prison sentence in Canada and consented to extradition to the United States, where he faces charges of conspiracy to commit computer intrusion. He must also pay CA$860,000 in restitution to his Canadian victims.
A robust onboarding program is a comprehensive process that integrates new hires into the organizational culture, aligns them with company values and equips them with the necessary skills and knowledge to perform their roles effectively. Onboarding affects organizational culture and turnover rates.
Cyera is raising between $150 million and $200 million in a new funding round that would value the Silicon Valley-based data security startup at as much as $1.55 billion. The funding talks come just nine months after Cyera closed a $100 million Series B round at a reported $500 million valuation.
The vast healthcare ecosystem disruption caused by the recent attack on Change Healthcare, which affected more than 100 of the company's IT products and services, underscores the concentrated cyber risk when a major vendor suffers a serious cyber incident, said Keith Fricke, partner at tw-Security.
The Spanish High Court on Monday sided with the country's data regulator, the Spanish Data Protection Agency, to uphold a three-month ban on OpenAI founder Sam Altman's controversial digital identity and cryptocurrency platform Worldcoin due to privacy concerns.
DARPA said it wants to "redefine" AI security, so it is offering support to seven small businesses to automatically find and fix software vulnerabilities at scale. As part of its AI Cyber Challenge, DARPA awarded the companies $1 million each to develop a "cyber reasoning system" using AI.
Ransomware groups may come and go, but often it's only in name, as the individuals involved will move on to power whatever group remains a going concern. Cue a reported flow of top talent from LockBit, which was recently disrupted by law enforcement, to Akira, which is apparently alive and well.
Authoritarian countries are seizing on technological advances to sway the global balance during a time of increased geopolitical fragility, U.S. intelligence agencies warned in an annual threat assessment. Generative artificial intelligence and biotechnology have high potential for shifting power.
Singapore has urged banks to be cautious when using artificial intelligence tools to forecast inflation and to stick to time-tested structural models. The Monetary Authority said banks must learn from the post-pandemic inflation surge, which everyone failed to predict.
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