Cybersecurity

Cybersecurity
White House Tells DOJ to Beef up Data Protections
February 28, 2024

The White House wants the Department of Justice to do more to protect America’s sensitive data. In an executive order issued Wednesday (Feb. 28), President Joe Biden instructed the attorney general to curb the “large-scale transfer of Americans’ personal data to countries of concern” and...

Cybersecurity
Report: Ransomware Gang Blackcat Behind Cyberattack on Change Healthcare
February 26, 2024

The ransomware gang Blackcat, also known as ALPHV, is reportedly the source of a cyberattack targeting UnitedHealth Group’s technology unit, Change Healthcare. The cyberattack has targeted Change Healthcare’s information technology systems, leading to widespread disruptions at pharmacies across the United States for the past six days,...

Cybersecurity
FBI: China Cyberattacks on US Infrastructure Reach New Level
February 18, 2024

The Chinese government’s attempts to virtually attack U.S. infrastructure have reportedly reached new levels. That’s according to FBI Director Christopher Wray, who said Sunday (Feb. 18) that such efforts were happening on “a scale greater than we’d seen before,” calling them a defining threat to...

Cybersecurity
Somos Unveils IoT Identity Managment Service for Boosting Cybersecurity Defenses
February 14, 2024

Somos unveiled an Internet of Things identity management service designed to safeguard businesses’ IoT assets. The new SomosID aims to provide businesses with a registry for their IoT assets, enhancing visibility and fortifying their cybersecurity defenses, the provider of identity management, fraud prevention and data...

Cybersecurity
OpenAI Stops Hack Attempts by 5 State-Sponsored Cybercrime Groups
February 14, 2024

OpenAI says it has disrupted state-sponsored hackers attempting to use its technology for malicious purposes. Working with its partner Microsoft, the artificial intelligence (AI) company said in a report issued Wednesday (Feb. 14) that it blocked five state-affiliated attacks: two related to China, the others with ties to...

Cybersecurity
UK Cyber Agency: AI Will Lead to More Ransomware Attacks
January 24, 2024

The threat of ransomware could soon grow thanks to the rise of artificial intelligence. That’s according to a new report by the United Kingdom’s National Cyber Security Centre, which said in a Wednesday (Jan. 24) press release that AI is already being used in illegal...

Cybersecurity
LoanDepot Continues to Restore Business Operations Amid Cybersecurity Breach
January 19, 2024

LoanDepot continues to deal with a cybersecurity incident that began Jan. 8. Customers said on social media and forums that they have been unable to access their online accounts, submit mortgage payments or close deals since that time, TechCrunch reported Friday (Jan. 19). “LoanDepot is...

Cybersecurity
JPMorgan Ups Cyber Defenses as Scam Attacks Rise
January 17, 2024

Banking giant JPMorgan Chase is not immune to the recent, global surge in cybercrime. Speaking at the World Economic Forum’s summit in Davos Switzerland, Mary Callahan Erdoes, head of the bank’s asset and wealth management division, said fending off cyber criminals is a big task. “The fraudsters...

Cybersecurity
Senators Want Better SEC Cybersecurity After EFT-Related Hack
January 14, 2024

Two U.S. senators want the Securities and Exchange Commission (SEC) to up its cybersecurity game after a recent hack. Last week, someone breached SEC’s account on X to falsely announce the regulator’s long-awaited approval of bitcoin exchange-traded funds (ETFs). While that approval would come a day later, the phony...