U.S. Treasury Initiates Sanctions Against Chinese Cybersecurity Firm Linked to Federal Agency Breach Connected to Salt Typhoon The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on the Chinese cybersecurity company Sichuan Juxinhe Network Technology Co., LTD., along with Shanghai-based cyber actor Yin Kecheng, in response to…
Fraud Management & Cybercrime, Ransomware, Regulation Also: Integrating AML and Fraud Initiatives; the Global AI Arms Race Anna Delaney (annamadeline) • January 17, 2025 Clockwise, from top left: Anna Delaney, Mathew Schwartz, Suparna Goswami, and Tony Morbin This week, editors at ISMG convened to analyze a proposal in the U.K.…
In a recently disclosed incident concerning cybersecurity, the U.S. Department of the Treasury has announced the imposition of sanctions related to a significant hack affecting several telecommunications companies and a breach of its own internal network. This action underscores the escalating vulnerabilities faced by critical infrastructure sectors and highlights the…
As the Biden administration transitions, a new 40-page executive order has been unveiled, focused on enhancing federal cybersecurity measures and regulating the government’s engagement with artificial intelligence technologies. This development comes amid ongoing discussions about the increasing vulnerabilities in US cyberspace, highlighted in an interview with Nathaniel Fick, the outgoing…
Cyberwarfare / Nation-State Attacks, Fraud Management & Cybercrime, Standards, Regulations & Compliance U.S. Treasury Implements Sanctions Amid Cybersecurity Breaches David Perera (@daveperera) • January 17, 2025 Image: Shutterstock On January 17, 2025, the U.S. federal government announced that it has successfully traced intrusions by Chinese hackers targeting telecommunications networks back…
On September 26, 2023, the International Civil Aviation Organization (ICAO), a specialized agency of the United Nations, reported a significant data breach affecting approximately 12,000 individuals. This incident underscores the serious vulnerabilities associated with critical infrastructure entities, particularly in the realm of aviation safety and security. As the digital landscape…
Government, Industry Specific Experts Warn Biden’s Cybersecurity and Tech Initiatives Face Instability Under Trump’s Leadership Chris Riotta (@chrisriotta) • January 17, 2025 Experts suggest Biden’s cybersecurity initiatives will be challenged as new leadership grapples with escalating cyber threats. (Image: Shutterstock) A month before President Joe Biden assumed office, catastrophic breaches…
Granite School District Data Breach Sparks Legislative Focus on Cybersecurity In December 2023, Granite School District in Salt Lake City became the latest victim of a significant data breach, affecting approximately 450,000 current and former students. The incident has garnered the attention of the Utah Legislature, particularly the state’s School…
Artificial Intelligence & Machine Learning, Next-Generation Technologies & Secure Development, Standards, Regulations & Compliance Poland, Israel, Nvidia, and Oracle Challenge AI Chip Export Restrictions Rashmi Ramesh (rashmiramesh_) • January 17, 2025 Image: Shutterstock The Biden administration’s recent decision to impose restrictions on the export of advanced artificial intelligence chips is…
