Perera is editorial director for news at Information Security Media Group. He previously covered privacy and data security for outlets including MLex and Politico.
The widespread advent of artificial intelligence is opening a fraud detection capability gap between large and small financial institutions, the U.S. Department of the Treasury warns, suggesting that it may use its own historical data to narrow the divide.
U.S. federal prosecutors indicted seven Chinese nationals they accuse of hacking for a Beijing economic and intelligence espionage group whose operations reacted to geopolitical trends. The suspects allegedly were contractors for a front company set up by an arm of the Ministry of State Security.
The Biden administration doesn't propose huge leaps in cybersecurity funding in an annual spending blueprint unveiled Monday afternoon. U.S. federal civilian cybersecurity spending would amount to $13 billion, while the military would spend $14.5 billion.
Generative artificial intelligence leader OpenAI returned Sam Altman to its board of directors Friday in a bid to put to rest a leadership crisis that rocked the San Francisco company during the last months of 2023. Fallout from the incident may yet reverberate for OpenAI.
A Russian state hack against Microsoft was more serious than initially supposed, Microsoft acknowledged in a Friday disclosure to federal regulators. Microsoft said a Moscow threat actor obtained access to "source code repositories and internal systems."
Fusty and fussy operational technology devices are probably the farthest things away from a web server. Except - not anymore. But web servers embedded into industrial firmware are also a potential bonanza for hackers, say researchers from the Georgia Institute of Technology.
A post-SolarWinds move away from Active Directory Federation Services to Azure AD - now known as Entra ID - didn't necessarily stop hackers from forging single sign-on authentication messages, warn security researchers from Semperis, who unveiled an attack they dub "Silver SAML."
A campaign by Russian military intelligence to convert Ubiquiti routers into a platform for a global cyberespionage operation began as early as 2022, U.S. and foreign intelligence agencies said. The U.S. disrupted a botnet built by a hacking unit of Russian military's Main Intelligence Directorate.
Russian-speaking ransomware operation LockBit reestablished a dark web leak site Saturday afternoon and posted a lengthy screed apparently authored by its leader, who vowed not to retreat from the criminal underground world. The FBI had no comment.
California privileged access management vendor Delinea announced it will acquire identity governance and administration vendor Fastpath. "We believe privilege, not just identity, is the true security perimeter," said Delinea Chief Product Officer Phil Calvin.
An apparent leak of internal documents from a Chinese hacking contractor paints a picture of a disaffected, poorly paid workforce that nonetheless penetrated multiple regional governments and possibly NATO. Multiple experts told Information Security Media Group the documents appear to be legitimate.
An international law enforcement operation seized the infrastructure of Russian-speaking cybercriminal group LockBit, a prolific ransomware-as-a-service operation, marking the latest in a series of digital takedowns. The group's dark web leak site now displays a seizure notice.
The U.S. Federal Trade Commission said it's too easy for fraudsters to launch "child in trouble" and romance scams, so it has proposed rule-making that would give the agency new authority to sue in federal court any technology providers that facilitate impersonation fraud.
The U.S. federal government says it disrupted a criminal botnet that Russian military intelligence had converted into a platform for global cyberespionage. The malware targets Linux-based IoT devices - in this case, routers made by New York manufacturer Ubiquiti.
Venture-capital owned Armis, a firm that touts its ability to prepare companies for attacks before they materialize, acquired cybersecurity startup CTCI in a transaction approaching $20 million. Armis will merge CTCI employees and technology over the next 30 days.
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