There are many potential uses for generative AI at financial services firms, but few are more promising than those in the areas of risk and fraud, said Kristine Demareski, vice president of payments at Genpact, which is already harnessing AI to increase efficiencies in analysts' decision-making.
The court system of Victoria said it had experienced a serious cybersecurity incident in late 2023 that gave hackers access to video recordings of proceedings at multiple courts, including the Supreme Court and the County Court. The hack took place on Dec. 8 and was discovered two weeks later.
A hacking incident at a New Jersey-based vendor of artificial intelligence-enabled population health management services that involved a network server has affected more than a dozen of its healthcare clients across the country and nearly 4.5 million of their patients.
A defunct ambulance company is notifying nearly 912,000 patients and employees that their archived records were compromised in an early 2023 data theft hack. The firm previously provided emergency care in the Boston region and administrative services to affiliated transportation companies.
French IT firm Atos has confirmed it is in early-stage talks with Airbus to sell its cybersecurity unit for an estimated 1.8 billion euros, or 1.79 billion. The latest Airbus offer comes just six months after Airbus' unsuccessful bid for a minority stake in Atos Evidian.
State regulators fined a New York hospital $300,000 to settle privacy violations related to the organization's prior use of tracking tools in its websites and patient portal. Regulators said the hospital violated HIPAA rules in sharing patient information with third parties for marketing purposes.
The European Central Bank beginning this month will conduct cyber stress tests on banks to determine their resilience against cyberattacks. The agency is requiring 109 banks in Europe to perform vulnerability assessments and incident response evaluations by mid-2024.
Over the New Year's holiday weekend, Belarusian hacktivists shut down the country's leading state-owned media outlet, claiming they had wiped the main website servers and backups of BelTA. The group said its actions had been retaliation against President Alexander Lukashenko's propaganda campaign.
Albania's Parliament and a telecommunications service provider faced online attacks on Christmas day, according to the Albanian National Authority for Electronic Certification and Cyber Security. Iranian hackers called Homeland Justice have claimed responsibility for the latest wave of attacks.
This week, a breach at real estate firm Wealth Network exposed 1.5 billion records, Corewell Health patients were hit by a second breach, data of 1.3M LoanCare mortgage customers was exposed, and Yakult Australia admitted to experiencing a "cybersecurity incident" that exposed 95 gigabytes of data.
This week in the cryptocurrency industry, Thunder Terminal successfully prevented a hack, Changpeng Zhao ranking 34th on a list of billionaires, Coinbase refuted a senator's allegations of subverting crypto regulations, and scammers stole $3 million in 24 hours using fake ads.
Legacy medical gear continues to pose big cyber challenges to healthcare entities. A joint report by the Food and Drug Administration and MITRE Corp. emphasizes the importance of entities taking a consistent risk-based approach to managing these and other devices, said Jessica Wilkerson of the FDA.
The U.S. Department of Defense released a draft of a long-awaited proposed rule for the Cybersecurity Maturity Model Certification program that aims to simplify compliance, enhance public-private coordination and better protect sensitive information from cyberthreats.
Hacks on healthcare sector entities reached record levels in 2023 in terms of data breaches. But the impact of hacks on hospital chains, doctors' offices and other medical providers - or their critical vendors - goes much deeper than the exposure of millions of health records.
Ground control to the space industry: Take your static cybersecurity practices and upgrade them to a dynamic model. So says NASA's first-ever security best practices guide for space communications, part of an effort to make mission security requirements more accessible.
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