In the rapidly evolving landscape of cybersecurity, ransomware attacks in the financial services sector are increasingly characterized by advanced tactics that leverage artificial intelligence (AI). Michael Villar, the director of field security technology at Akamai, highlights a disturbing trend: AI-fueled attackers are now capable of compressing the entire attack cycle…
Data breaches impact millions of users worldwide <hr class=”hr”/> <span class=”subtitle”>Overview of Recent Breaches</span> <p class=”content”>Recent discoveries by cybersecurity experts have highlighted two significant data breaches tied to artificial intelligence (AI) applications, compromising sensitive user data and media files of millions globally. As reported by <em>Cybernews</em>, these incidents could potentially…
Two former students of the University of Central Missouri have been indicted for hacking into university databases, unlawfully accessing confidential information, and attempting to monetize the data. The individuals, identified as Joseph Camp and Daniel Fowler, are facing significant legal repercussions following actions that allegedly compromised the personal information of…
AI Chatbots Recognized as Leading Health Technology Hazard for 2026 In a comprehensive analysis by the ECRI Institute, a prominent patient safety research organization, artificial intelligence (AI) chatbots have been identified as the foremost health technology hazard for 2026. Researchers Rob Schluth and Scott Luney highlighted that these AI tools,…
The exposure of Social Security Numbers (SSNs) remains among the most critical cybersecurity challenges today. Incidents involving SSN breaches have far-reaching implications, affecting both individuals and organizations. When sensitive data like SSNs is breached, the repercussions can be swift and devastating, leading to long-term financial and identity-related consequences. The Importance…
Genesco Inc. Reports Payment Card Data Breach in Network Intrusion On Friday, retail company Genesco Inc. disclosed a significant breach in its computer network, specifically targeting the segment responsible for processing payment card transactions. The Nashville, Tennessee-based retailer has acknowledged that certain card details may have been compromised, though it…
3rd Party Risk Management, Fraud Management & Cybercrime, Fraud Risk Management Presented by ProcessUnity 60 mins In the evolving landscape of third-party risk management, companies face unprecedented challenges in scaling their operations. The complications arise as vendor ecosystems diversify and risk signals become scattered across various tools and stakeholders,…
Cybersecurity Update: AI-Powered Attack on Fortinet Firewalls and Other Breaches In a recent development in the cybersecurity landscape, a financially motivated threat actor, reportedly Russian-speaking, has leveraged commercial AI toolkits to compromise over 600 Fortinet firewalls. This operation was first identified by the AWS security team, indicating that the activity…
McDonald’s is currently collaborating with law enforcement following a cyber intrusion that has affected customer data linked to the fast-food chain. The breach occurred when unauthorized hackers accessed the database of a third-party vendor, compromising information pertaining to an unspecified number of McDonald’s patrons. In response to the situation, McDonald’s…