The Snowflake data breach that began in April 2024 is snowballing into one of the largest in history, impacting nearly 200 companies so far. The Montana-based data warehousing platform revealed that hackers had been attempting to access its customers’ accounts using stolen login details. The breach is linked to attacks on numerous companies with news […]
The Massive Snowflake Data Breach: One of the Largest in History Read More »
It’s getting tougher to identify a phishing attack with AI technology boosting the frequency and sophistication of phishing schemes. According to recent research by a group of Harvard professors and cybersecurity experts, 60% of participants fell victim to artificial intelligence (AI)-automated phishing, which is comparable to the success rates of non-AI-phishing messages created by human
AI Boosting the Frequency and Sophistication of Phishing Schemes Read More »
Scammers duping people by posing as workers at big-name brands like Best Buy’s Geek Squad, Amazon and PayPal stole more than $660 million through business-impersonation scams in 2023, according to a report released by the Federal Trade Commission. Such scams have become more prevalent since the pandemic. For example, in the first three months of
Scammers posing as workers at big-name brands stole more than $660 million in 2023 Read More »
Ascension, the fifth largest health system in the US, is recovering from a May ransomware incident that forced staff to make handwritten treatment orders after losing access to critical Electronic Medical Records (EMR) software. In news coverage of the crippling Ascension ransomware event, some staff called the situation “dangerous” for patients as hospitals were forced
Ascension Ransomware Event Put Patients’ Lives in Danger Read More »
Criminals are more skilled at using AI to commit financial crimes than banks are at using AI to stop them, according to a BioCatch survey. BioCatch surveyed fraud-management, anti-money laundering, and risk and compliance officials from 11 countries. Nearly 70% reported an increase in financial crime activity over the past year and about half of
AI-Focused Financial Crime a Growing Concern Banks Must Monitor Read More »
In this era of increasingly affordable and accessible generative AI tools, it was inevitable that deepfakes – videos, audio, or images that seem real but have been manipulated with AI – are the latest tactic used by cybercriminals. The term deepfake (a blending of the phrase deep learning and the word fake) was coined in
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The latest healthcare cybersecurity risk impacting more than 13 million former and current patients of California-based Kaiser Foundation Health Plan is part of the record-breaking trend that has been in motion. The company has notified patients that it unknowingly shared their information with third-party advertisers, including Google, Microsoft and X (formerly Twitter.) Kaiser Foundation Health
ChatGPT plugins pose security risks that could provide loopholes for threat actors to seize control of an organization’s account on third-party platforms and access Personal Identifiable Information (PII). ChatGPT plugins enable users to access up-to-date information (rather than the relatively old data the chatbot was trained on), as well as to integrate ChatGPT with third-party
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The cyber threat landscape in 2024 is shaping up to be worse for cybersecurity teams than 2023. Threat intelligence firm Flashpoint has logged dramatic increases in all major threat indicators January through February 2024. According to Flashpoint’s data there were 6,077 recorded data breaches in 2023, with attackers accessing more than 17 billion personal records
2024 shaping up to be worse for cybersecurity teams than 2023 Read More »
AT&T confirms that personal information from millions of customers was leaked on a dark-web forum in mid-March. In a statement released March 30 AT&T said: “AT&T has launched a robust investigation supported by internal and external cybersecurity experts. Based on our preliminary analysis, the data set appears to be from 2019 or earlier, impacting approximately
AT&T Confirms Personal Information from Millions of Customers Leaked on Dark Web Read More »
