Data Breaches

CDK Expects to Have Hacked Systems Restored by July 4
CDK Expects to Have Hacked Systems Restored by July 4
July 01, 2024  |  Security & Fraud

CDK Global is reportedly restoring its systems that were hacked and expects to have all the car dealerships using its platform live by the morning...

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AI Explained: AI Alignment
AI Explained: AI Alignment
July 01, 2024  |  artificial intelligence

As artificial intelligence systems grow increasingly powerful and ubiquitous, a critical challenge has emerged: ensuring these systems behave in beneficial ways that align with human...

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Security Firm iVerify Raises $12 Million Amid Data Breach Epidemic
Security Firm iVerify Raises $12 Million Amid Data Breach Epidemic
June 26, 2024  |  Cybersecurity

Security firm iVerify has raised $12 million for its endpoint detection and response (EDR) solution. The funding round, announced Wednesday (June 26), was led by...

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Cyberattack on Software Provider Stalls Out US Car Dealership Sector
Cyberattack on Software Provider Stalls Out US Car Dealership Sector
June 21, 2024  |  Cybersecurity

Software, and digital transformation more broadly, have transformed the business landscape. Nearly every modern business relies on software to run their operations, and digital technology...

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SEC: Data Breaches at Financial Institutions Must Be Reported in 30 Days
SEC: Data Breaches at Financial Institutions Must Be Reported in 30 Days
May 19, 2024  |  Cybersecurity

New federal regulations give some financial institutions (FIs) a tighter deadline for reporting security breaches. The Securities and Exchange Commission (SEC) adopted changes last week...

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Dell Data Breach Underscores Rising Cost of Cybersecurity Complacency
Dell Data Breach Underscores Rising Cost of Cybersecurity Complacency
May 10, 2024  |  Cybersecurity

As digital becomes an operational imperative, so too does enterprise cybersecurity. Progress must be protected. With the news Thursday (May 9) that Dell suffered a security breach earlier this...

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Nearly Half of Enterprise Merchants Are Beefing Up Security Online
Nearly Half of Enterprise Merchants Are Beefing Up Security Online
May 08, 2024  |  Cybersecurity

Eighty-two percent of eCommerce merchants experienced cyberattacks or data breaches in the last year, according to PYMNTS Intelligence’s “Fraud Management in Online Transactions. The study was...

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Data Security Is Top Priority as Payments Enter Zettabyte Era
Data Security Is Top Priority as Payments Enter Zettabyte Era
May 06, 2024  |  Data

You’ve probably heard it before, but data is undoubtedly the oil of the 21st century. And, just like oil, any data breaches or the equivalent...

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Microsoft ‘Doubles Down’ on Cybersecurity to Safeguard Connected Economy
Microsoft ‘Doubles Down’ on Cybersecurity to Safeguard Connected Economy
April 29, 2024  |  Cybersecurity

The cyberattack on UnitedHealth Group, resulting in a $872 million loss to the health insurer, is just one example of the evolving cyberthreat landscape in today’s connected economy. Beyond...

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