Oren Eytan spent 25 years in the Israel Defense Forces, rising to the rank of colonel and heading the IDF's cybersecurity unit. Now, as CEO of odix, an Israeli cybersecurity vendor, he is helping his country rebound from the Oct. 7 attacks and support the nation's war against Hamas.
Every week, ISMG rounds up cybersecurity incidents in digital assets. This week, Sam Bankman-Fried testified in his U.S. criminal trial, the United Kingdom issued further crypto regulation, U.S. federal law enforcement arrested SafeMoon executives, and Onyx and Unibot each fell victim to a hack.
Boeing has confirmed suffering a "cyber incident" affecting its parts and distribution business days after the notorious LockBit ransomware group claimed to have breached systems at the world's biggest aerospace company and to have stolen "a tremendous amount of sensitive data."
As day one of the U.K. AI Safety Summit draws to an end, attendees said fears over losing control over AI systems is a future worry, although they appeared to agree that securing AI is a pressing topic for today. The summit is set to conclude on Thursday.
U.S. Department of Homeland Security Secretary Alejandro Mayorkas urged Congress to take action to prevent loss of critical authorities for the Cybersecurity and Infrastructure Security Agency, warning of severe security risks for chemical facilities seen as attractive targets for terrorist attacks.
Exterro has purchased a data discovery vendor led by a GE and Symantec veteran to help organizations detect, measure and remediate risk around structured data. The deal will allow Exterro customers to analyze structured data without ingesting tons of information or putting a load on company systems.
Texas-based mental healthcare provider Deer Oaks Behavioral Health is notifying nearly 172,000 patients that their information was potentially compromised in a ransomware incident, even though the attack was apparently quickly detected and contained.
The fallout from the SEC's charges of fraud and internal control failures against SolarWinds and its CISO has implications for the industry. Cordery Compliance attorney Jonathan Armstrong advises security leaders to "take heed and remember that the actions of today can determine your fate tomorrow."
U.S. Vice President Kamala Harris called on artificial intelligence developers to ensure consumer privacy and security. "History will show that this was the moment when we had the opportunity to lay the groundwork for the future of AI," Harris said.
Splunk has executed its second round of layoffs since February, axing 7% of its workforce weeks after Cisco announced plans for a $28 billion acquisition. Splunk will reduce its 8,000-person staff by 7% or approximately 560 positions. Most of the jobs being cut are in the United States.
When asked what has changed most since Oct. 7, Chen Shmilo, CEO of Israel's 8200 Alumni Association, said "trust." Trust in leadership has changed, but trust in society and its power to be resilient has been renewed, he said. "In these darkest times, some things might even change for the better."
The U.S. government will set up a dedicated artificial intelligence safety institute to lead cooperation among the public and private sectors to develop secure AI systems, said Secretary of Commerce Gina Raimondo. Raimondo is in the United Kingdom for the AI Safety Summit.
Once ransomware hackers get inside a healthcare sector organization's systems, 3 in 4 attackers will also maliciously encrypt data, says security firm Sophos. Attackers successfully encrypted data in 75% of ransomware attacks on healthcare sector entities, researchers report.
A scientist claims to have developed an inexpensive system for using quantum computing to crack RSA, which is the world's most commonly used public key algorithm. If true, this would be a breakthrough that comes years before experts predicted. Now, they're asking for proof.
Risks tied to artificial intelligence are imminent and require systemic attention, the head of the British crime agency said Tuesday. Facial recognition and AI are the two latest technical developments where we need to continue working and essential that we get right," said Graeme Biggar.
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