MiCA's consumer protection provisions extend to cybersecurity, with its anti-money laundering, cyberattack liability and travel rule clauses. ISMG contributors Ari Redbord of TRM Labs and Troy Leach of Cloud Security Alliance discuss its impact on cybercrime, compliance challenges and the way ahead.
In the latest weekly update, four ISMG editors discuss the mounting fallout from the March hack of Capita and accompanying data breach, the comprehensive crypto regulation adopted by the EU, and Crosspoint Capital's agreement to purchase Absolute Software for $657 million.
In the days between May 11 and May 18, the Uranium Finance hacker laundered more stolen funds, LayerZero launched a $15 million bug bounty program, the European Union adopted comprehensive cryptocurrency legislation, and Ledger faced backlash on its seed phrase recovery solution.
Data443 has bought Cyren's threat intelligence, URL categorization and email security technology out of bankruptcy for up to $3.5 million. Buying Cyren's anti-spam, virus outbreak detection, IP reputation, URL filtering and Threat InDepth data feeds will boost Data443's existing product portfolio.
Endpoint threat detection and response tools aren’t the panaceas for protecting organizations from ransomware and other cybersecurity risks. And the back actors know this. They routinely exploit privileged accounts to circumvent endpoint security to orchestrate dangerous attacks.
So how can organizations better...
The European Union on Tuesday formally adopted the world's first comprehensive regulatory regime for the cryptocurrency industry in a measure supporters say will tame volatility illustrated by high-profile crashes such as FTX. The proposal, known as MiCA, will go into effect progressively.
The chief executive of the company behind generative artificial intelligence tool ChatGPT called for global regulations, including licensing, in testimony before a U.S. congressional panel. The Biden administration is already investigating mechanisms to ensure an "AI accountability ecosystem."
IBM has bought a startup founded by a longtime security leader in the Israeli Prime Minister's Office to ensure personal identifiable information isn't left unprotected. The deal will ensure sensitive data isn't exposed in public cloud data stores or SaaS apps like Slack, SharePoint or Office 365.
About 93 percent of external organizations reported malicious actors attempting to impact data backups, and 73 percent saw attackers be at least partially successful.
When it comes to security today, there is a difference between widely held beliefs and what is really happening on the front lines. With attacks not...
Yigal Unna, former DG, National Cyber Directorate, Israel, emphasized the importance of continued collaboration between defenders and the formation of a Global Cyber Cabinet consisting of more than 20 national CISOs from leading countries working to dismantle cybercrime syndicates.
The "shift left" movement puts "unrealistic" expectations on developers, said Gayatri Prakash, vice president and general manager of compliance at CloudBees. She said installing new tools to manage various parts of the SDLC is not necessarily "going to solve our problem for security."
In the latest weekly update, ISMG editors discuss how the Feds have dismembered Russia's 'Snake' cyberespionage operation; the ongoing debate over privacy laws and regulations in the APAC region; and why more companies are banning the use of generative AI tool ChatGPT.
A hacker made $34 million from MEV bot attacks, NYDFS penalized Bitflyer for lax cybersecurity, Ishan Wahi was sentenced in the Coinbase insider trading case, the IRS is training Ukraine in blockchain forensics and the New York AG proposed a crypto cybersecurity bill.
Akamai will shrink its workforce by 3% as its shifts resources from its shrinking content delivery business to growth areas in cloud computing and security. The company will shrink its 9,960-person staff by 299 positions as it looks to sustain its profitability levels despite economic headwinds.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing ransomware.databreachtoday.com, you agree to our use of cookies.
