Cybersecurity news and trends

US Firms Are Main Targets for Cyberattacks, Intelligence Chief Tells Senate
Cybersecurity // May 02, 2024

Director of National Intelligence Avril Haines told Congress Thursday (May 2) that there has been an alarming increase in cyberattacks worldwide. Haines highlighted the growing threat of ransomware attacks, which saw a 74% rise in 2023, CNBC reported Thursday. Speaking at a Senate Armed Services Committee hearing on global...

UnitedHealth Still ‘Trying to Dig Through’ Cause of Cyberattack
Security & Fraud // May 01, 2024

UnitedHealth’s CEO said the company is still investigating a security failure behind a massive cyberattack. Testifying before the Senate Finance Committee Wednesday (May 1), Andrew Witty said the company has not yet determined why its computer systems were left open to a ransomware gang that...

Google Confirms It Will Join Global Experts at AI Safety Summit
Artificial Intelligence // May 01, 2024

As luminaries from academia, government and business prepare to gather in South Korea May 21-22 for the second AI Safety Summit, Google’s attendance is drawing attention. The advanced AI research group Google DeepMind expressed support for the summit but did not verify whether it would attend, Reuters reported....

US Issues Stark Warning on AI Risks to Critical Infrastructure
Artificial Intelligence // April 30, 2024

In a bid to safeguard the nation’s vital infrastructure, the federal government is now offering a playbook to help companies navigate the treacherous landscape of cybersecurity, including the brewing dangers lurking in artificial intelligence. The recommendations, issued by the Cybersecurity and Infrastructure Security Agency, highlight the need for...

Interviews & Exclusives
Spike in Identity Fraud Forces Banks to Embrace Innovation

April 23, 2024
To the hammer of a bad actor, everything vulnerable looks like a nail. And with the rise of sophisticated fraud techniques, organizations like financial institutions that are operating within security-critical sectors are increasingly faced with the daunting task of safeguarding against a shifting mix of fraudulent attack strategies from adversaries and criminals — both online […]

Senators Press Banks for Better Defenses Against Wire Fraud

April 19, 2024
The looming specter of wire fraud has spurred lawmakers to press big banks for better defenses against bad actors — and a detailing of the impact the scams have had on consumers....

Congress Calls for Proactive Policies to Combat Security Breaches

April 16, 2024
The internet looks very small to an attacker, but massive to a defender. And a persistent reality of the 21st century’s connected economy is that many digital doors are left...

Third-Party Vendors Emerge as Data Security Threat

April 15, 2024
In today’s digitized operating environment, a business is only as good as its cyber defenses. And with Change Healthcare reportedly facing a new ransomware attack following an earlier massive breach in...

Quick Reads
US Firms Are Main Targets for Cyberattacks, Intelligence Chief Tells Senate

May 02, 2024
Director of National Intelligence Avril Haines told Congress Thursday (May 2) that there has been an alarming increase in cyberattacks worldwide. Haines highlighted the growing threat of ransomware attacks, which saw a 74% rise in 2023, CNBC reported Thursday. Speaking at a Senate Armed Services Committee hearing on global threats, Haines emphasized the disruptive impact that has been seen in cyberattacks […]

UnitedHealth Still ‘Trying to Dig Through’ Cause of Cyberattack

May 01, 2024
UnitedHealth’s CEO said the company is still investigating a security failure behind a massive cyberattack. Testifying before the Senate Finance Committee Wednesday (May 1), Andrew Witty said the company has...

UnitedHealth CEO Andrew Witty to Testify Before Congress on Cyberattack

April 29, 2024
UnitedHealth Group CEO Andrew Witty will testify before two Congressional committees Wednesday (May 1), addressing the cyberattack that hit the company’s Change Healthcare unit. The Senate hearing is titled “Hacking America’s Health Care: Assessing the...

Hackers Were in Change Healthcare System 9 Days Before Ransomware Attack

April 22, 2024
Hackers were reportedly in the networks of UnitedHealth Group’s Change Healthcare unit for days before launching their ransomware strike. They gained entry to the networks on Feb. 12, using compromised...