As we approach the new year, organizations are grappling with mounting challenges related to governance, security, and regulatory compliance, particularly in light of the rapid adoption of artificial intelligence (AI). In this evolving landscape, Henry Umney, Managing Director of GRC Strategy at Mitratech, a prominent compliance technology provider utilized by…
The Rising Tide of Cybercrime: A Call for Enhanced Collaboration Cybercriminals are escalating the sophistication and frequency of their attacks, posing significant threats to organizations globally. In a recent discussion led by InfoSec Officer Shervin Evans, the pressing issue of whether we are winning the battle against these malicious actors…
Rhode Island’s public benefits system has fallen victim to a significant ransomware attack, jeopardizing the personal information of users. According to a report from Bloomberg News on December 14, hackers successfully infiltrated the online platform and are threatening to release sensitive user data unless a payment is made. The seriousness…
In a recent development that has sparked considerable discussion in the cybersecurity community, OpenAI CEO Sam Altman predicts that artificial general intelligence (AGI)—artificial intelligence that can surpass human performance across a wide range of tasks—may arrive as early as 2027 or 2028. Contrarily, Elon Musk forecasts an even sooner emergence,…
As we approach 2025, the landscape of generative AI and emerging technologies is significantly transforming business operations. This evolution introduces various measures for organizations to bolster their security, yet it simultaneously escalates the risk of cyber incidents. The rapid advancement of cyber attackers presents significant challenges that companies will need…
Explore the latest on Blockchain & Cryptocurrency, Cryptocurrency Fraud, and Fraud Management & Cybercrime. Australia Imposes AU$8 Million Fine on Kraken Exchange for Breaches Prajeet Nair (@prajeetspeaks) • December 12, 2024 Image: Shutterstock Information Security Media Group compiles a weekly summary of cybersecurity incidents in the digital asset space. This…
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…
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…
Whaling phishing attacks are increasingly targeting C-suite executives and senior leaders with sophisticated strategies. According to the 2024 Verizon Data Breach Investigations Report, a staggering 69% of breaches feature a human element, underscoring phishing as a persistent and dangerous attack vector. These attacks are designed not just to breach security…
