The cybersecurity industry experienced a dramatic drop-off in funding, stock prices and M&A activity as the economic downturn took hold in late 2022. Venture capital financing tumbled to $18.5 billion in 2022, 39% lower than the record-breaking $30.4 billion invested in 2021, Momentum Cyber found.
Will large language models such as ChatGPT take cybercrime to new heights? Researchers say AI for malicious use so far remains a novelty rather than a useful and reliable cybercrime tool. But as AI capabilities and chatbots improve, the cybersecurity writing is on the wall.
Two recent separate hacking incidents involving attackers stealing copies of sensitive protected health information have affected more than 1 million patients of a New Jersey healthcare system and an Alabama cardiovascular clinic. Victims get free credit monitoring and identity restoration services.
Ireland's child and family agency, Tusla, says it is beginning a months-long process to notify 20,000 individuals that their personal information was exposed in the May 2021 ransomware attack against the Health Service Executive, which formerly managed Tusla's IT systems.
Federal regulators are working on proposed rule to modify HIPAA to better safeguard the privacy of reproductive health data. The Biden administration last year already issued guidance about the application of the HIPAA Privacy Rule to information about reproductive health.
Darktrace has brought in Ernst & Young to review the cybersecurity AI vendor's financial process and controls following bombshell allegations from short seller Quintessential Capital Management. The review comes weeks after QCM claimed that Darktrace overstated its sales, margins and growth rates.
The attorneys general of Pennsylvania and Ohio have slapped a DNA testing lab with HIPAA settlements totaling $400,000 in the wake of a 2021 hack of a legacy database that affected 2.1 million individuals nationwide, including nearly 46,000 consumers in the two states.
Airbus has made a formal offer to purchase a 29.9% stake in Atos' $4.8 billion Evidian cybersecurity, big data and digital business. Atos says it will initiate negotiations focused on both Airbus' offer and a long-term strategic and technological partnership between the two organizations.
Healthcare cybersecurity leaders often say they do a great job of onboarding new partners, but then they add that ongoing monitoring of the relationship falls short. Jon Moore of Clearwater talks about when and where to talk security with partners - and red flags to watch out for.
Forcepoint's new Security Service Edge offering allows clients to apply access, threat or data loss protection policies across all channels as soon as they're implemented. The firm long offered DLP, SD-WAN, SWG and CASB tools, but the lack of full integration made it tough to apply unified policies.
The U.S. government on Thursday unveiled a task force aimed at preventing advanced technology from reaching repressive regimes, including the People's Republic of China. The task force will be led by personnel in the departments of Justice and Commerce.
Accenture has bought Morphus to get more intelligence around fraud and other cybercrimes Brazilian criminals are perpetuating in the digital world. The Morphus acquisition will help Accenture customers take on financially motivated cyber fraud and insider threats that are pervasive in Brazil.
Threats from API and application vulnerabilities increased in 2022, but ransomware, human error and hygiene continue to pose the greatest threats to organizations, according to findings from CyberTheory's 2022 Performance Study. CyberTheory's Steve King shares how education can make a difference.
Attackers are continuing to target unpatched VMware hosts to infect them with ESXiArgs and RansomExx2 crypto-locking malware and hold them to ransom. VMware urges immediate updating, saying that the attacks don't appear to be targeting zero-day vulnerabilities but rather long-patched flaws.
Chris Inglis, head of the Office of the National Cyber Director in the White House, stepped down from the position. The widely anticipated move comes as the Biden administration finalizes a national cyberspace strategy expected to call for more regulation and the disruption of malicious actors.
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