Finance & Banking, Fraud Management & Cybercrime, Fraud Risk Management Disruption at British Museum Exposes Weaknesses in Identity and Access Management Suparna Goswami (gsuparna) • January 28, 2025 Image: Shutterstock This week, the British Museum in London encountered significant disruption caused by a former contractor who disabled its IT systems,…
Major Security Breach at DeepSeek Exposes Sensitive Data In a significant cybersecurity incident, Chinese artificial intelligence firm DeepSeek experienced a major data breach that led to the exposure of over a million sensitive records. This included chat logs, API keys, and internal operational information. The breach, uncovered by cybersecurity researchers…
Enhancing Cybersecurity Through AI-Powered Threat Detection: A New Era for Security Operations Centers In the rapidly evolving landscape of cybersecurity, organizations face increasing challenges fueled by rising data volumes, the widespread adoption of cloud services, and increasingly sophisticated cyber threats. Traditional defense measures are proving inadequate in this environment, necessitating…
A recent security oversight in the rapidly evolving AI landscape has raised alarms among cybersecurity experts. Independent researcher Jeremiah Fowler, who focuses on identifying exposed databases, commented on the alarming ease with which sensitive operational data was accessible through insufficient security measures. He noted that the open database represents a…
Satya Nadella Highlights DeepSeek-R1 Model: Transforming AI Efficiency and Cost-Effectiveness Microsoft CEO Satya Nadella has underscored the transformative potential of AI, particularly through innovations like the DeepSeek-R1 model, which he asserts will significantly enhance efficiency, lower inference costs, and promote widespread AI adoption across various sectors. This announcement came during…
As the digital landscape evolves, financial institutions face increasingly sophisticated cybersecurity threats. Reports indicate that these entities are among the most vulnerable sectors to cyberattacks, largely due to their reliance on technology and the trend towards open banking. This growing reliance creates avenues for consumers to share their financial data…
DeepSeek, an emerging AI startup based in China, has announced a temporary halt on user registrations due to a significant cyber attack that recently targeted its servers. Initial assessments indicate that the incident involved a Distributed Denial of Service (DDoS) attack. This type of attack generates large volumes of false…
Vendor Risk Management Eclypsium Secures $45 Million in Series C Funding, Tackles Supply Chain Risks in AI and Infrastructure Security Michael Novinson (MichaelNovinson) • January 28, 2025 Yuriy Bulygin, Co-Founder and CEO of Eclypsium (Image: Eclypsium) Portland, Oregon-based cybersecurity firm Eclypsium has secured $45 million in Series C funding aimed…
DeepSeek, a service catering to an international user base, has announced the collection of data from various external sources, including partnerships with tech giants such as Google and Apple. When users sign up for DeepSeek using these platforms, the service obtains specific information that may include mobile advertising identifiers, hashed…
