The recent announcement of a £183 million fine against British Airways marks a significant shift in the landscape of consumer protection and corporate accountability surrounding data breaches. This substantial penalty is a direct consequence of a major security incident that exposed the personal data of approximately 500,000 customers, including sensitive…
In 2021, a cyberattack aimed at poisoning the water supply of a city in Florida highlighted the vulnerabilities of water treatment facilities. A malicious actor gained unauthorized access to internal systems at a local water treatment plant and attempted to manipulate lye levels. While this incident ultimately failed, it underscored…
Mobile Security Under Scrutiny as Phishing Risks Emerge A recent analysis from Lookout, a well-regarded mobile security firm, has shaken long-standing beliefs regarding the vulnerability of mobile operating systems to phishing attacks. Traditionally, many viewed Apple’s iOS devices, such as iPhones, as almost impervious to such threats, thanks in large…
Artificial Intelligence & Machine Learning, Fraud Management & Cybercrime, Fraud Risk Management LexisNexis Integrates AI-Driven Document Authentication into Fraud Prevention Solutions By Michael Novinson (@MichaelNovinson) • December 11, 2024 Kimberly Sutherland, Vice President of Fraud and Identity Strategy at LexisNexis Risk Solutions LexisNexis Risk Solutions has announced plans to acquire…
Navigating Data Protection Compliance: A Guide for Charities In a landscape where data protection compliance is more critical than ever, many charitable organizations report feeling daunted by the complexities involved. With the increasing prevalence of cyber threats and data breaches, it is vital for charities to establish a robust framework…
Application Security, Next-Generation Technologies & Secure Development Multimodal Agentic AI Enhances Speed, Tools, and Research Prototypes Michael Novinson ( MichaelNovinson) • December 11, 2024 Image: Shuttershock Google has unveiled its latest AI model, Gemini 2.0, which has the ability to process and output text, images, and audio seamlessly. This initiative…
Emerging Trends in Cryptocurrency Transactions Tied to Russian Cybercrime Recent investigations reveal that a financial firm registered in Canada is acting as a payment processor for multiple Russian cryptocurrency exchanges and platforms that provide cybercrime services targeting Russian-speaking customers. This has raised significant concerns among cybersecurity experts and law enforcement…
Microsoft has reported on a sophisticated cyber operation attributed to the group known as Secret Blizzard, which has utilized the Amadey malware to execute targeted attacks against specific entities. The nature of the attacks suggests that Secret Blizzard either employed Amadey as a malware-as-a-service or engaged with its command-and-control panels…
Attack Surface Management, Governance & Risk Management, Patch Management Cleo File Transfer Software Faces Active Exploitation by Cybercriminals Prajeet Nair (@prajeetspeaks) • December 11, 2024 Image: Cleo Update Dec. 12, 2024 00:34 UTC: A spokesperson for Cleo has announced that the company has released an urgent patch in response to…
