At many financial institutions, your voice is your password. Tiny variations in pitch, tone and timbre make human voices an ideal method for authenticating customers - as long as computers can't be trained to synthesize those pitch, tone and timbre characteristics in real time. They can.
In the latest weekly update, four ISMG editors discussed the unending twists and turns in the Change Healthcare cyberattack, positive signs of economic recovery in the cybersecurity tech market, and how artificial intelligence is shaking up supply chain security.
The IT services disruptions resulting from the Change Healthcare cyberattack is continuing to have a "devastating" effect on physician practices, threatening the financial viability of many and posing serious implications to patient care, said the American Medical Association in a new study.
This week, Sisense supply chain attack, a likely Romanian botnet, Patch Tuesday, an Apple spyware warning and AT&T notifies customers of breach. Alcohol counselor Monument shared data with Meta, a breach of Home Depot employee data, a breach at Targus and a threat actor targeted Moroccan activists.
The U.S. Cybersecurity and Infrastructure Security Agency publicly released an emergency directive Thursday requiring impacted federal agencies to take immediate remediation measures amid continued fallout from the Russian state-sponsored hacking of Microsoft that began in late November.
This week, Google sued alleged crypto fraudsters, Mango Markets exploiter's trial began, Do Kwon and Terraform Labs are liable for civil fraud, Taiwanese prosecutors indicted ACE Exchange's co-founder, Wormhole nearly gave $40,000 to hackers and a Binance executive pleaded not guilty in Nigeria.
Threat actors behind malware distribution platform Raspberry Robin worm have shifted tactics to make the malware harder to detect and for researchers to analyze. Hackers deploying Raspberry Robin - often a precursor to a ransomware attack - now use Windows Script Files.
Cybercriminals launched 7.78 million attacks against U.K. businesses and nearly 1 million against charity organizations, according to the latest U.K. government survey report. But fewer than half of those firms reported the incidents to authorities, something researchers say is a concerning trend.
A financially motivated threat group used a script apparently coded by artificial intelligence to download an info stealer onto victim computers. The script, used to load the Rhadamanthys info stealer, contains "grammatically correct and hyper specific comments above each component of the script."
A Wisconsin nonprofit managed care organization is notifying nearly 534,000 individuals that their protected health information was copied and stolen in a recent attack by a "foreign ransomware gang" that also attempted - but failed - to encrypt the group's IT systems.
While banks and fraud fighters focus their energies on combating synthetic identities used by individuals, fraudsters are simultaneously establishing fake business entities to exploit the system for more money with far less hassle. The problem is getting worse and is not restricted to the U.S.
Employers can now fire an employee who complains about sexual harassment, take a cut of their workers' tips and serve customers cheese nibbled on by rats: at least according to advice doled out by New York City's AI chatbot meant to help small business owners navigate the city's bureaucratic maze.
A new study published by researchers from the universities of Oxford and New South Wales ranks Russia at the top of a global list of cybercrime hot spots and says Ukraine, China, the United States, Nigeria and Romania are home to a majority of global cybercriminal activity.
The Vietnamese government recorded more than 20 million cyberattack alerts between January and March, 33% more than in the same period last year. The surge in attacks coincides with rising cases of credential theft by hackers on banks and financial institutions, both in Vietnam and abroad.
A cyberattack on a Boston-based consulting firm that provides litigation support services to the U.S. Department of Justice in its investigations has potentially compromised Medicare numbers and other health insurance and medical information of nearly 342,000 individuals.
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