Recent data paints a conflicting picture in relation to cybersecurity budgets. Some research indicates that budgets are increasing healthily with CISOs eyeing up their next spending sprees. Other studies suggest security budgets are tightening or even being slashed despite previously being approved, hamstringing security strategies and creating risky blind spots. Several factors such as company […]
Several hacker groups have joined in on the Israel-Hamas conflict escalation that started over the weekend after the Palestinian militant group launched a major attack. Hamas launched an unprecedented attack on Israel out of Gaza, firing thousands of rockets and sending its fighters to the southern part of the country. In response, Israel declared war […]
This news round-up brings you key cybersecurity stories from the past month. Top cybersecurity news: FBI warns of dual ransomware threat; Companies struggle to overcome cyberskills gap; Actor Tom Hanks distances himself from AI deepfake advert. 1. US companies face dual ransomware attack risk, says FBI The Federal Bureau of Investigation (FBI) is warning companies […]
Critical infrastructure has become increasingly the target of cyberattacks, with anticipated yearly damages of $10.5 trillion USD by 2025, up from only $3 trillion USD in 2015. NIST introduced a Cybersecurity Framework in 2014 to address these evolving threats. Machine learning-based anomaly detection tools uncover both known and unknown threats, including performance and security anomalies. […]
Yennie Jun knew the results were worrisome. A machine learning (ML) engineer by day and a hobbyist blogger of content about ML and artificial intelligence (AI) by night, in a recent experiment, she asked two Large Language Models (LLMs) about what each considered the most important people in history. She repeated the process 10 times […]
he Securities and Exchange Commission (SEC) has taken a significant step in bolstering cybersecurity disclosures for public companies by adopting new rules that aim to provide investors with comprehensive and standardized information on cybersecurity risk management, strategy, governance, and incidents. Adopted in July 2023, these new rules come after a lengthy rule-making and public comment […]
The UAE is developing a cyber security vision that will strengthen action against digital crime for the next 50 years, a senior official has said. The move will give the country “the highest level of resilience”, boosting its ability to “address growing digital challenges”, Dr Mohammed Al Kuwaiti, head of the UAE Cybersecurity Council, the […]
Microsoft has patched a vulnerability that exposed 38TB of private data from its AI research division. White hat hackers from cloud security company Wiz discovered a shareable link based on Azure Statistical Analysis System tokens on June 22, 2023. The hackers reported it to the Microsoft Security Response Center, which invalidated the SAS token by […]
Rail remains one of the most popular modes of transportation. In a typical year, US freight railroads move around 1.6 billion tons across nearly 140,000 miles of track. US citizens traveled more than 12.5 billion kilometers by rail in 2021. Thousands of railways — from national and regional networks to intra-city light rails — have […]
As new mandates come online, most firms need to ensure IT systems meet changing regulations. But is compliance stealing resources from cybersecurity efforts? Four out of five firms are more worried about compliance than they were five years ago, according to recent research from Hornetsecurity. In more than half (57%) of organisations, the IT department […]