A report by Bitsight and Diligent, which includes contributions from 4,000 medium to large-sized companies across the globe, has found that only 5% of businesses have a cyber expert as a member of staff. At the same time, a correlation was found between strong cybersecurity measures and higher financial performance. In fact, cybersecure companies typically […]
Red Hat recently disclosed a malicious code found in XZ Utils versions 5.6.0 and 5.6.1, which are XZ format compression utilities commonly used in Linux distributions. The vulnerability, identified as CVE-2024-3094, has been reported by Red Hat. According to Saumitra Das, Vice President of Engineering at Qualys, “This attack resembles the SolarWinds case, where code […]
Recent research conducted by the Salt Labs team has uncovered three critical vulnerabilities associated with ChatGPT plugins. The first vulnerability was identified in the process of installing new plugins. When users install new plugins, they are required to approve a code on a website. However, malicious actors could exploit this by delivering code approvals with […]
The White House recently held a press call to announce a new order for federal agencies. All federal agencies must establish a chief artificial intelligence (AI) officer within the organization that will oversee the organization’s approach to AI. The goal of this established position will be to effectively manage the risks of evolving AI technology […]
According to Netcraft’s latest research, approximately 13,000 fraudulent investment platform domains were discovered and blocked in January alone. These deceptive domains were identified on over 7,000 IPs, marking the highest number of IPs seen since tracking began and reflecting a 25% increase from the previous month. This underscores the ongoing issue of consumer fraud, as […]
A survey found that 31% of Americans do not follow best practices to prevent check fraud or are unsure if they do.
A report by Kaspersky reveals that in 2023, more than 709 million phishing attacks were blocked, representing an increase by 40% from 2022. The most frequently utilize pathways for these phishing attempts included messaging apps, social media platforms, cryptocurrency exchanges, and artificial intelligence platforms. While the number of attacks rose steadily throughout the year, there […]
The U.S. Department of the Treasury has published a report indicating that artificial intelligence (AI) is contributing to a rise in financial fraud. The agency explains that AI enables fraudsters to imitate speech or video using AI, persuading a victim to grant access to financial accounts or information. While bigger financial institutions usually have the […]
The House of Representatives has voted to ban TikTok, which has previously faced scrutiny from various levels of the government. The vote will move to the Senate, where it will be determined whether or not this ban is to take effect. Security leaders weigh in Narayana Pappu, CEO at Zendata: “There are two sides to […]
Charles Henderson has been hired as EVP of Cyber Security at Coalfire. Henderson brings extensive experience in threat intelligence, incident response, penetration testing, adversary simulation, and vulnerability management from his tenure leading IBM X-Force and Trustwave SpiderLabs. Henderson will lead red teamers and pen testers with the security expertise and managed services they need to […]
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