In our continuing series of book reviews, the Fortra team read How AI Works: From Sorcery to Science by Ronald T. Kneusel. The book is advertised as unraveling “the mysteries of artificial intelligence, without the complex math and unnecessary jargon.”…
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IBM: Cost of a Breach Reaches Nearly $5 Million, With Healthcare Being Hit the Hardest
Breaches impacted 17 industries across 16 countries and regions, with costs related to detecting breaches, notifying victims, post-breach response efforts, and lost business. This article has been indexed from Cyware News – Latest Cyber News Read the original article: IBM:…
UK Electoral Commission slapped for basic cybersecurity fails
It took 13 months to notice 40 million voters’ data was compromised The UK’s Electoral Commission has received a formal slap on the wrist for a litany of security failings that led to the theft of personal data belonging to…
Innovative approach promises faster bug fixes
Modern software applications usually consist of numerous files and several million lines of code. Due to the sheer quantity, finding and correcting faults, known as debugging, is difficult. In many software companies, developers still search for faults manually, which takes…
Researchers Uncover Largest Ever Ransomware Payment of $75m
Zscaler warns of copycat attacks after revealing one ransomware victim paid $75m This article has been indexed from www.infosecurity-magazine.com Read the original article: Researchers Uncover Largest Ever Ransomware Payment of $75m
Lineaje secures $20 million in funding to address software supply chain issues
Lineaje has unveiled a landmark $20 million Series A funding round led by Prosperity7 Ventures, Neotribe, and Hitachi Ventures, alongside existing investor Tenable Ventures. This significant investment underscores the escalating global demand for robust software supply chain security solutions, recognizing…
Enabling new service models with SSDP
Platform enabled services In previous posts (see links below), I’ve outlined already the profound transformation of Security Operations Center (SOC) technologies. The journey from on-premise SOC solutions to Software-as-a-Service (SaaS) delivered platforms marks a significant milestone in this evolution. Gartner’s…
Chrome Security Update: Patch for Critical Flaw that Leads to Exploitation
Google has rolled out a new security update for its Chrome browser, addressing several critical vulnerabilities. The update on the Stable channel brings Chrome to version 127.0.6533.88/89 for Windows and Mac, and 127.0.6533.88 for Linux. The update will be distributed…
Bumble and Hinge allowed stalkers to pinpoint users’ locations down to 2 meters, researchers say
Badoo, Bumble, Grindr, happn, Hinge and Hily all had the same vulnerability that could have helped a malicious user to identify the near-exact location of another user, according to the researchers. © 2024 TechCrunch. All rights reserved. For personal use…
Building bridges, feeding people and empowering students: How new technologies are changing lives
Cisco partnered with BBC StoryWorks’ Human Component series to showcase three of our nonprofit partners who are using technology to create human connections. Read—and watch—to be inspired by their impact. This article has been indexed from Cisco Blogs Read the…
A Fortune 50 company paid a record-breaking $75 million ransom
Zscaler researchers revealed that a company paid a record-breaking $75 million ransom to the Dark Angels ransomware group. Zscaler discovered a record-breaking ransom payment of US$75 million made by a company to the Dark Angels ransomware group. Zscaler did not…
Email Attacks Surge, Ransomware Threat Remains Elevated
There has been a dramatic rise in email attacks and ransomware incidents, with an Acronis report noting a staggering 293% increase in email attacks in the first half of 2024 compared to the same period in 2023. The post Email…
Meta Agrees to $1.4B Settlement With Texas in Privacy Lawsuit Over Facial Recognition
Meta has agreed to a $1.4 billion settlement with Texas in a privacy lawsuit over a facial recognition feature. The post Meta Agrees to $1.4B Settlement With Texas in Privacy Lawsuit Over Facial Recognition appeared first on SecurityWeek. This article…
Can Negotiations Yield Success in Ransomware Attacks
In the escalating world of cybercrime, ransomware attacks have become a pervasive threat, affecting businesses of all sizes and industries. When faced with a ransomware attack, organizations are often confronted with a critical decision: to pay the ransom or not.…
Devo Technology launches data orchestration and SOC enhancements
Devo Technology is launching data orchestration, a data analytics cloud, and security operations center (SOC) workflow enhancements, offering security teams data control, cost optimizations, and efficient automation. Security teams are grappling with the vast amounts of data they need to…
DDoS Attack on Microsoft Azure Cloud leads to another global IT Outage
Microsoft has issued a statement apologizing for a recent IT outage, which they attribute to a DDoS (Distributed Denial of Service) cyber attack on the infrastructure managed by Microsoft Azure Cloud. Under the leadership of Satya Nadella, and amid a…
Cohesity unveils enhanced GenAI capabilities for faster threat detection and recovery
Cohesity extended its first-mover advantage in GenAI detection and recovery capabilities with the addition of significant new enhancements to the Cohesity Data Cloud. These improvements allow customers to use Cohesity’s built-in AI capabilities to rapidly detect, investigate, and address potential…
Microsoft world wide outage: Cybersecurity Today for Wednesday, July 31, 2024
Microsoft Cloud Outage, WhatsApp Vulnerability, and AI-Powered Screen Reading In today’s episode of Cyber Security Today, host Jim Love covers a significant global outage affecting Microsoft’s cloud services, a vulnerability in WhatsApp that allows malicious scripts to run without warning,…
How AI is Shaping Fraud: Vipre Reveals 40% of BEC Emails Are Now AI-Generated
Nearly half (49%) of spam emails can be attributed to BEC scams, with the CEO, HR, and IT being the most common targets. Alarmingly, some 40% of BEC emails are AI-generated, and in some instances, AI more than likely created…
IBM: Cost of Data Breach on Average Reaches $4.9 Million
An IBM analysis of 604 organizations published today finds the average cost of each breach, including lost revenue, has now reached $4.9 million. The post IBM: Cost of Data Breach on Average Reaches $4.9 Million appeared first on Security Boulevard.…