Cybercrooks use AI, launch bot-based attacks – ET CISO https://etimg.etb2bimg.com/thumb/msid-111049538,imgsize-561945,width-1200,height=765,overlay-etciso/cybercrime-fraud/cybercrooks-use-ai-launch-bot-based-attacks.jpg A Pune-based real estate firm was recently duped out of ₹4 crore when cybercriminals, masquerading as its chairman, tricked an accounts officer into transferring company funds into fraudulent bank accounts. At the local unit of a multinational company, the finance controller fell prey to a similar scam running into crores ...
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Kraken Crypto Exchange Hit by $3 Million Theft Exploiting Zero-Day Flaw
Kraken Crypto Exchange Hit by $3 Million Theft Exploiting Zero-Day Flaw https://firewall.firm.in/wp-content/uploads/2024/06/crypto.png Jun 19, 2024NewsroomCybercrime / Crypto Security Crypto exchange Kraken revealed that an unnamed security researcher exploited an “extremely critical” zero-day flaw in its platform to steal $3 million in digital assets and refused to return them. Details of the incident were shared by Kraken’s Chief Security Officer, Nick ...
Read More »UN raises alarm over AI-fuelled Holocaust denial and distortion – ET CISO
UN raises alarm over AI-fuelled Holocaust denial and distortion – ET CISO https://etimg.etb2bimg.com/thumb/msid-111100965,imgsize-88198,width-1200,height=765,overlay-etciso/grc/un-raises-alarm-over-ai-fuelled-holocaust-denial-and-distortion.jpg AI technology is helping to create false stories about World War II atrocities including Holocaust denial, risking an “explosive spread of anti-Semitism”, the UN warned Tuesday. The UN’s education and culture body UNESCO called for governments and tech companies to introduce ethical safeguards around AI technology, and ...
Read More »Shortage of skilled professionals, policy gaps key challenges for cyber security, ET CISO
Shortage of skilled professionals, policy gaps key challenges for cyber security, ET CISO Shortage of skilled professionals, inadequate infrastructure, regulatory and policy gaps, and public unawareness about best digital practices are among key cyber security challenges in the country, according to a new report. India’s Sherpa for G20 and former NITI Aayog CEO Amitabh Kant unveiled the report, prepared by ...
Read More »Vipin Surelia, VISA on mitigating cyber frauds this tax filing season – ET CISO
Vipin Surelia, VISA on mitigating cyber frauds this tax filing season – ET CISO https://etimg.etb2bimg.com/thumb/msid-111000270,imgsize-68548,width-1200,height=765,overlay-etciso/cybercrime-fraud/vipin-surelia-visa-on-mitigating-cyber-frauds-this-tax-filing-season.jpg Vipin Surelia, Head, Risk Services, Visa The Reserve Bank of India’s annual report last year highlighted the severity of digital fraud. With 6,659 reported cases amounting to Rs 276 crore, it’s evident that such frauds pose a substantial threat. Tactics used by cybercriminals have evolved, ...
Read More »U.K. Hacker Linked to Notorious Scattered Spider Group Arrested in Spain
U.K. Hacker Linked to Notorious Scattered Spider Group Arrested in Spain https://firewall.firm.in/wp-content/uploads/2024/06/arrest.png Jun 16, 2024NewsroomCybercrime / SIM Swapping Law enforcement authorities have allegedly arrested a key member of the notorious cybercrime group called Scattered Spider. The individual, a 22-year-old man from the United Kingdom, was arrested this week in the Spanish city of Palma de Mallorca as he attempted to ...
Read More »Meta pauses AI models launch in Europe – ET CISO
Meta pauses AI models launch in Europe – ET CISO https://etimg.etb2bimg.com/thumb/msid-111012937,imgsize-114030,width-1200,height=765,overlay-etciso/grc/meta-pauses-ai-models-launch-in-europe.jpg Meta Platforms will not launch its Meta AI models in Europe for now after the Irish privacy regulator told it to delay its plan to harness data from Facebook and Instagram users, the U.S. social media company said on Friday. The move by Meta came after complaints and a ...
Read More »Pope Francis raising alarm about AI, IT Security News, ET CISO
Pope Francis raising alarm about AI, IT Security News, ET CISO Pope Francis is taking his call for artificial intelligence to be developed and used according to ethical lines to the Group of Seven nations’ meeting in Puglia. (AP Photo/Andrew Medichini, File) Pope Francis is no stranger to artificial intelligence – a deepfake photo of him in a white puffer ...
Read More »New Attack Technique ‘Sleepy Pickle’ Targets Machine Learning Models
New Attack Technique ‘Sleepy Pickle’ Targets Machine Learning Models https://firewall.firm.in/wp-content/uploads/2024/06/ms.png Jun 13, 2024NewsroomVulnerability / Software Security The security risks posed by the Pickle format have once again come to the fore with the discovery of a new “hybrid machine learning (ML) model exploitation technique” dubbed Sleepy Pickle. The attack method, per Trail of Bits, weaponizes the ubiquitous format used to ...
Read More »US health dept says UnitedHealth can notify patients of data breach – ET CISO
US health dept says UnitedHealth can notify patients of data breach – ET CISO https://etimg.etb2bimg.com/thumb/msid-110955636,imgsize-7544,width-1200,height=765,overlay-etciso/data-breaches/us-health-dept-says-unitedhealth-can-notify-patients-of-data-breach.jpg U.S. healthcare providers can ask UnitedHealth Group to notify people whose data was exposed during a hack on the company’s Change Healthcare unit in February, according to an update on the health department’s website. The news comes as a relief for U.S. hospitals and healthcare ...
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