Erhan Temurkan, technology and security director at Fleet Mortgages, shares his insights on the integration of generative AI into the multifaceted world of cybersecurity and the dynamic threat landscape. Organizations must find a balance between security and usability, he said.
Synthetic IDs and mule accounts will continue to be a huge problem in 2024 even though vendors and financial institutions now recognize the problem and are beginning to address these risks, according to Trace Fooshee, strategic adviser at Datos Insights.
Lobbyists for U.S. hospitals oppose a Biden administration proposal for mandatory cybersecurity requirements and possible financial disincentives for organizations that fail to meet those expectations. Industry experts contend that some type of government actions are needed.
A late October hacking incident at mortgage lender Mr. Cooper affected 14.7 million individuals, the Texas company disclosed Friday. The incident triggered a four-day shutdown of corporate systems and a suspension in lending. Hackers gained access on Oct. 30 and were ejected on Nov. 1.
Co-chairs of the Cyberspace Solarium Commission praised the annual U.S. national defense bill for enacting recommendations from its 2020 report, saying the bill marks "meaningful" advancements for cybersecurity. With the bill, 58 out of the commission's 82 recommendations will have been enacted.
The Cybersecurity and Infrastructure and Security Agency is urging health sector entities to take critical steps in fortifying their environments based on findings from a risk and vulnerability assessment performed by the federal agency on a healthcare industry organization earlier this year.
The departments of Commerce, State and Justice are among the 20 agencies identified in a Government Accountability Office report as having failed to meet key cyberthreat incident response deadlines outlined in the 2021 cybersecurity executive order.
As a legacy protocol, DICOM lacks proper security measures, and as the healthcare industry modernizes and moves to the cloud, there is a significant risk of patient data exposure, said Sina Yazdanmehr, a senior IT security consultant at Aplite.
The FCC approved new guidelines that note how data breaches "have only grown in frequency and severity" since the commission adopted its privacy protection policies 16 years ago. The new rules aim to provide customers and law enforcement with real-time information about critical security incidents.
The Cybersecurity and Infrastructure Security Agency released an advisory Wednesday warning that a Russian military intelligence unit has been actively exploiting a widely used software product since September as part of an effort to gain long-term access to compromised systems.
The U.K. government is in no rush to legislate artificial intelligence, Secretary of State for Science, Innovation and Technology Michelle Donelan said on Wednesday, warning that a hard regulatory approach to AI could risk stifling innovation in this emerging sector of the economy.
Three members of Congress are urging the Department of Health and Human Services to improve HIPAA privacy protections around pharmacy information. The request comes after the lawmakers asked major pharmacy companies how they handle law enforcement requests for patient records.
Check fraud, scams and account takeovers dominated the fraud landscape in 2023. Banks and other financial institutions are expected to continue to struggle with account takeovers as fraudsters have changed their modus operandi, making it difficult to track fraudulent proceeds.
The U.K. government has sanctioned 14 individuals and groups that illegally employed human trafficking victims in online crypto and investment scams. Sanctioned individuals include a Chinese national previously targeted by the U.S. Treasury for running a gambling and trafficking business in Laos.
A Kentucky-based hospital chain is notifying millions of individuals that their information was potentially exfiltrated in a May attack. Russian-speaking ransomware-as-a-service group Alphv/BlackCat - which is currently reportedly undergoing its own disruptions - took credit for the data theft.
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