Cyberattack

AI-Focused Financial Crime a Growing Concern Banks Must Monitor

AI-Focused Financial Crime a Growing Concern Banks Must Monitor

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 »

Kaiser Private Data Breach of 13 Million Patients Latest in Health-Related Cybersecurity Risk Trend

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

Kaiser Private Data Breach of 13 Million Patients Latest in Health-Related Cybersecurity Risk Trend Read More »

2024 shaping up to be worse for cybersecurity teams than 2023

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 Personal Information from Millions of Customers Leaked on Dark Web

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 »

UnitedHealth Group’s Change Healthcare reportedly paid $22 million to recover data

United Healthcare’s Change Healthcare unit has reportedly paid $22 million to recover data and regain access to systems, according to the latest news updates. The cryptocurrency transaction was visible on Bitcoin’s blockchain and suggests the company which is victim of what now ranks as one of the worst ransomware attacks in years, paid the ransom

UnitedHealth Group’s Change Healthcare reportedly paid $22 million to recover data Read More »

23andMe Blames Poor User Password Practices on Massive Breach

Consumer genetics and research company 23andMe is facing multiple lawsuits over a 2023 data breach that went undetected for 5 months, and official reaction from company officials places the blame on poor user password practices.  The company, known for its at-home genetic tests, has confirmed hackers gained access to nearly 7 million customers’ profiles in

23andMe Blames Poor User Password Practices on Massive Breach Read More »

Cyber Threats Rank as a Top Global Business Threat in 2024

According to a report from international financial services provider Allianz, cyber threats rank as a top global business threat in 2024. These attacks, ranging from ransomware attacks, data breaches to other IT disruptions are a top concern for companies worldwide in 2024. In the U.S. specifically, cyber has replaced business interruption as the leading risk

Cyber Threats Rank as a Top Global Business Threat in 2024 Read More »

Popular Remote Desktop Software Provider AnyDesk Victim of Cyberattack

Anydesk, a popular remote desktop software provider based in Germany, has confirmed it was the target of a cyberattack during a four-day outage in late January. The company published a public statement regarding indications of an incident on some of AnyDesk’s systems, and afterwards conducted a security audit and found evidence of compromised production systems.

Popular Remote Desktop Software Provider AnyDesk Victim of Cyberattack Read More »