cyberattacks

Scammers Target Olympic Venue With Ransomware Attack
Scammers Target Olympic Venue With Ransomware Attack
August 06, 2024  |  Security & Fraud

French police are reportedly investigating a ransomware attack at a Paris Olympic venue. The attack, the subject of a Tuesday (Aug. 6) report by Reuters, is the...

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IBM Debuts AI-Powered Threat Detection Tools
IBM Debuts AI-Powered Threat Detection Tools
August 05, 2024  |  Security & Fraud

IBM has added generative artificial intelligence (AI) capabilities to its managed threat detection and response services. Built on the company’s watsonx data and AI platform,...

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France Suffers Attack on Broadband Services Amid Olympic Games
France Suffers Attack on Broadband Services Amid Olympic Games
July 29, 2024  |  Security & Fraud

Amid a worldwide data breach surge, France is dealing with an older-school type of cyberattack. As Bloomberg News reported Monday (July 29), vandals have cut...

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Cyberattacks Present Shipping Industry’s Biggest Threat Since WWII
Cyberattacks Present Shipping Industry’s Biggest Threat Since WWII
July 28, 2024  |  Cybersecurity

The shipping sector is reportedly facing a spike in cyberattacks tied to state-sponsored hackers. The industry saw at least 64 cyber incidents last year, the...

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OCC: Banks Unprepared for Cyberattacks and Other Risks
OCC: Banks Unprepared for Cyberattacks and Other Risks
July 21, 2024  |  Banking

A U.S. banking regulator has reportedly determined that many lenders aren’t prepared for risks. As Bloomberg News reported Sunday (July 21), a confidential assessment by...

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AI Opportunities, Cyber Vulnerabilities Define UnitedHealth’s Latest Earnings
AI Opportunities, Cyber Vulnerabilities Define UnitedHealth’s Latest Earnings
July 16, 2024  |  Earnings

In February, UnitedHealth Group Inc.’s Change Healthcare unit suffered a far-reaching cyberattack. Per remarks by UnitedHealth’s executives on Tuesday’s (July 16) second-quarter earnings call, the...

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AutoNation: CDK Hack Will Hurt Earnings
AutoNation: CDK Hack Will Hurt Earnings
July 15, 2024  |  Security & Fraud

The impact of the hack on car dealership software firm CDK Global continues to reverberate. AutoNation, one of the largest dealership chains in the country,...

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Google Reportedly Eyeing $23 Billion Purchase of Wiz
Google Reportedly Eyeing $23 Billion Purchase of Wiz
July 14, 2024  |  Google

Google is reportedly in talks to purchase cybersecurity startup Wiz for about $23 billion. That’s according to a Sunday (July 14) report by The Wall...

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Firms Look to Mitigate Consequences From Data Breaches
Firms Look to Mitigate Consequences From Data Breaches
July 11, 2024  |  Security & Fraud

The interconnected nature of financial systems can have cascading consequences when data is compromised. And with the recent news that the June cyber breach at...

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