Vulnerability management and patching are major OT security challenges for security practitioners, says Alexander Antukh, CISO at AboitizPower, a leading provider of renewable energy in the Philippines. He advises fixing critical vulnerabilities first and creating a road map for better security.
The cybersecurity industry experienced a dramatic drop-off in funding, stock prices and M&A activity as the economic downturn took hold in late 2022. Venture capital financing tumbled to $18.5 billion in 2022, 39% lower than the record-breaking $30.4 billion invested in 2021, Momentum Cyber found.
AT&T wants to unload its cyber assets just five years after doubling down on security through its $600 million purchase of threat intelligence vendor AlienVault. The Dallas-based carrier has been working with British banking firm Barclays to solicit bids for its cybersecurity business, Reuters said.
Will large language models such as ChatGPT take cybercrime to new heights? Researchers say AI for malicious use so far remains a novelty rather than a useful and reliable cybercrime tool. But as AI capabilities and chatbots improve, the cybersecurity writing is on the wall.
India and Singapore made it easier and cheaper for their citizens to send and receive money through the integration of UPI and PayNow, but could this move lead to a rise in cross-border online payment scams? Reports of UPI-related fraud surged in India in 2022.
Two recent separate hacking incidents involving attackers stealing copies of sensitive protected health information have affected more than 1 million patients of a New Jersey healthcare system and an Alabama cardiovascular clinic. Victims get free credit monitoring and identity restoration services.
Ireland's child and family agency, Tusla, says it is beginning a months-long process to notify 20,000 individuals that their personal information was exposed in the May 2021 ransomware attack against the Health Service Executive, which formerly managed Tusla's IT systems.
Federal regulators are working on proposed rule to modify HIPAA to better safeguard the privacy of reproductive health data. The Biden administration last year already issued guidance about the application of the HIPAA Privacy Rule to information about reproductive health.
Darktrace has brought in Ernst & Young to review the cybersecurity AI vendor's financial process and controls following bombshell allegations from short seller Quintessential Capital Management. The review comes weeks after QCM claimed that Darktrace overstated its sales, margins and growth rates.
The attorneys general of Pennsylvania and Ohio have slapped a DNA testing lab with HIPAA settlements totaling $400,000 in the wake of a 2021 hack of a legacy database that affected 2.1 million individuals nationwide, including nearly 46,000 consumers in the two states.
Airbus has made a formal offer to purchase a 29.9% stake in Atos' $4.8 billion Evidian cybersecurity, big data and digital business. Atos says it will initiate negotiations focused on both Airbus' offer and a long-term strategic and technological partnership between the two organizations.
With the advent of ChatGPT, the topic of artificial intelligence is gathering momentum. The question on everyone's mind is, "How can the cybersecurity community leverage AI to predict and detect attacks?" Three experts discuss the various challenges and opportunities of AI.
Forcepoint's new Security Service Edge offering allows clients to apply access, threat or data loss protection policies across all channels as soon as they're implemented. The firm long offered DLP, SD-WAN, SWG and CASB tools, but the lack of full integration made it tough to apply unified policies.
The U.S. government on Thursday unveiled a task force aimed at preventing advanced technology from reaching repressive regimes, including the People's Republic of China. The task force will be led by personnel in the departments of Justice and Commerce.
Accenture has bought Morphus to get more intelligence around fraud and other cybercrimes Brazilian criminals are perpetuating in the digital world. The Morphus acquisition will help Accenture customers take on financially motivated cyber fraud and insider threats that are pervasive in Brazil.
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