The U.S. Federal Trade Commission has banned the data broker X-Mode Social from sharing or selling users’ sensitive location data, the federal regulator said Tuesday. The first of its kind settlement prohibits X-Mode, now known as Outlogic, from sharing and…
Category: Security News | TechCrunch
AI aides nation-state hackers but also helps US spies to find them, says NSA cyber director
Nation state-backed hackers and criminals are using generative AI in their cyberattacks, but U.S. intelligence is also using artificial intelligence technologies to find malicious activity, according to a senior U.S. National Security Agency official. “We already see criminal and nation…
GenAI could make KYC effectively useless
KYC, or “know your customer,” is a process intended to help financial institutions, fintech startups and banks verify the identity of their customers. Not uncommonly, KYC authentication involves “ID images,” or cross-checked selfies used to confirm a person is who…
Gen AI could make KYC effectively useless
KYC, or “Know Your Customer,” is a process intended to help financial institutions, fintech startups and banks verify the identity of their customers. Not uncommonly, KYC authentication involves “ID images,” or cross-checked selfies used to confirm a person is who…
LoanDepot hit by suspected ransomware attack
Mortgage and loan giant LoanDepot said Monday it is experiencing a cyberattack and that it’s “working diligently to restore normal business operations as quickly as possible.” The Irvine, Calif.-based company said in a brief statement on its cybersecurity incident page…
SentinelOne acquires Peak XV-backed PingSafe for over $100 million
SentinelOne’s deal to acquire PingSafe valued the Peak XV-backed young startup at over $100 million, two sources familiar with the matter told TechCrunch, in one of the strongest and fastest deals emerging from India. The New York Stock Exchange-listed AI…
Law firm that handles data breaches was hit by data breach
An international law firm that works with companies affected by security incidents has experienced its own cyberattack that exposed the sensitive health information of hundreds of thousands of data breach victims. San Francisco-based Orrick, Herrington & Sutcliffe said last week…
Software supply chain security remains a challenge for most enterprises
Log4j, maybe more than any other security issue in recent years, thrust software supply chain security into the limelight, with even the White House weighing in. But even though virtually every technology executive is at least aware of the importance…
Crypto losses declined over 50% in 2023
The total amount “lost” during 2023 from security incidents was almost $2 billion. © 2023 TechCrunch. All rights reserved. For personal use only. This article has been indexed from Security News | TechCrunch Read the original article: Crypto losses declined…
23andMe tells victims it’s their fault that their data was breached
Facing more than 30 lawsuits from victims of its massive data breach, 23andMe is now deflecting the blame to the victims themselves in an attempt to absolve itself from any responsibility, according to a letter sent to a group of…
Cloud-native cybersecurity startup Aqua Security raises $60M and remains a unicorn
Aqua Security, an Israeli cybersecurity startup that helps companies protect their cloud services, has raised $60 million in funding, extending its previously announced $135 million Series E round of funding to $195 million. Founded in 2015, Tel Aviv- and Boston-based…
It’s not all doom and gloom: When cybersecurity gave us hope in 2023
A funny — but true — joke at TechCrunch is that the security desk might as well be called the Department of Bad News, since, well, have you seen what we’ve covered of late? There is a never-ending supply of…
2023 showed cybersecurity isn’t immune from brutal layoffs
Despite a rise in cyberattacks and breaches, the cybersecurity industry is by no means exempt from the uncertainty inspired by the current economy. 2023 will likely be remembered as the “year of the layoff.” While many expected the tide to…
Here we go again: 2023’s badly handled data breaches
Last year, we compiled a list of 2022’s most poorly handled data breaches looking back at the bad behavior of corporate giants when faced with hacks and breaches. That included everything from downplaying the real-world impact of spills of personal…
Meet the cybercriminals of 2023
Once again we look back at the past year in cybercrime and those who we lost… to the law. This year was no different to last: we saw another round of high-profile busts, arrests, sanctions, and prison time for some…
Meet the cyber-criminals of 2023
Once again we look back at the past year in cybercrime and those who we lost… to the law. This year was no different to last: we saw another round of high-profile busts, arrests, sanctions, and prison time for some…
Amnesty confirms Apple warning: Indian journalists’ iPhones infected with Pegasus spyware
Apple’s warnings in late October that Indian journalists and opposition figures may have been targeted by state-sponsored attacks prompted a forceful counterattack from Prime Minister Narendra Modi’s government. Officials publicly doubted Apple’s findings and announced a probe into device security.…
India pressed Apple on state-sponsored warnings, report says
Apple’s warnings in late October that Indian journalists and opposition figures may have been targeted by state-sponsored attacks prompted a forceful counterattack from Prime Minister Narendra Modi’s government. Officials publicly doubted Apple’s findings and announced a probe into device security.…
MOVEit, Capita, CitrixBleed and more: The biggest data breaches of 2023
This year, 2023, was a hell of a year for data breaches, much like the year before it (and the year before that, etc.). Over the past 12 months, we’ve seen hackers ramp up their exploitation of bugs in popular…
CBS, Paramount owner National Amusements says it was hacked
National Amusements, the cinema chain and corporate parent giant of media giants Paramount and CBS, has confirmed it experienced a data breach in which hackers stole the personal information of tens of thousands of people. The private media conglomerate said…