Cyberattacks/page/4 news and trends

IBM Debuts AI-Powered Threat Detection Tools
Security & Fraud // August 05, 2024

IBM has added generative artificial intelligence (AI) capabilities to its managed threat detection and response services. Built on the company’s watsonx data and AI platform, the new IBM Consulting Cybersecurity Assistant is designed to speed and improve the identification, investigation and response to critical security...

France Suffers Attack on Broadband Services Amid Olympic Games
Security & Fraud // July 29, 2024

Amid a worldwide data breach surge, France is dealing with an older-school type of cyberattack. As Bloomberg News reported Monday (July 29), vandals have cut several fiber optic cables carrying broadband service across the country, now four days into hosting the Olympic Games. According to...

Cyberattacks Present Shipping Industry’s Biggest Threat Since WWII
Cybersecurity // July 28, 2024

The shipping sector is reportedly facing a spike in cyberattacks tied to state-sponsored hackers. The industry saw at least 64 cyber incidents last year, the Financial Times reported Saturday (July 27), citing research by the Netherlands’ NHL Stenden University of Applied Sciences. That study found...

OCC: Banks Unprepared for Cyberattacks and Other Risks
Banking // July 21, 2024

A U.S. banking regulator has reportedly determined that many lenders aren’t prepared for risks. As Bloomberg News reported Sunday (July 21), a confidential assessment by the Office of the Comptroller of the Currency (OCC) said 11 of the 22 large banks it oversees have “insufficient”...

Interviews & Exclusives
Firms Embrace AI for Faster, Smarter Cybersecurity Solutions

March 01, 2024
Google CEO Sundar Pichai recently noted that artificial intelligence (AI) could boost online security, a sentiment echoed by many industry experts. AI is transforming how security teams handle cyber threats, making their work faster and more efficient. By analyzing vast amounts of data and identifying complex patterns, AI automates the initial stages of incident investigation. […]

Higher Ed Redefines Fraud Strategies for the Connected Campus

January 18, 2024
The integration of digital technologies, data networks and smart devices within the university ecosystem is transforming campuses into connected entities. And amid this transformative shift there is a pressing need...

Fraudsters Launching Fewer Attacks, But Aim At Bigger Targets

October 18, 2021
The steady rise of the global eCommerce market has created a radically new fraud environment, where fraudsters now seek bigger targets, but strike less often. The evolution comes at a time when merchants that have embraced payments innovation are...

Digital-First CFOs Empower The Enterprise With Data

March 11, 2021
Among the countless negative impacts of the global coronavirus crisis is a surge in cyberattacks on the global business community. A perfect storm of work-from-home requirements and pandemic-related uncertainty has...

Quick Reads
Scammers Target Olympic Venue With Ransomware Attack

August 06, 2024
French police are reportedly investigating a ransomware attack at a Paris Olympic venue. The attack, the subject of a Tuesday (Aug. 6) report by Reuters, is the latest such incident tied to this year’s summer games. In this case, criminals targeted the central computer system at the Grand Palais exhibition hall in Paris, where events such as […]

IBM Debuts AI-Powered Threat Detection Tools

August 05, 2024
IBM has added generative artificial intelligence (AI) capabilities to its managed threat detection and response services. Built on the company’s watsonx data and AI platform, the new IBM Consulting Cybersecurity...

France Suffers Attack on Broadband Services Amid Olympic Games

July 29, 2024
Amid a worldwide data breach surge, France is dealing with an older-school type of cyberattack. As Bloomberg News reported Monday (July 29), vandals have cut several fiber optic cables carrying...

Cyberattacks Present Shipping Industry’s Biggest Threat Since WWII

July 28, 2024
The shipping sector is reportedly facing a spike in cyberattacks tied to state-sponsored hackers. The industry saw at least 64 cyber incidents last year, the Financial Times reported Saturday (July...