The rapid adoption of generative AI (GenAI) has prompted a seismic shift in how organizations approach application security. A report by Cycode reveals that 72% of security leaders agree a complete reset of strategies is essential to address the challenges posed by AI.
The U.S. Department of Justice (DoJ) has implemented a final rule enforcing Executive Order 14117, aimed at curbing the mass transfer of Americans’ personal data to countries of concern, including China, Cuba, Iran, North Korea, Russia, and Venezuela.
The cyber threat group known as Cloud Atlas, also referred to as Clean Ursa, Inception, Oxygen, and Red October, has been observed using a newly identified malware called VBCloud in its recent attack campaigns.
The total value of cryptocurrency theft rose by 21% in 2024 compared to the previous year, though it remains significantly lower than the staggering $3.7 billion stolen in 2022.
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against JPMorgan Chase, Bank of America, and Wells Fargo, accusing them of allowing fraud to proliferate on the peer-to-peer payments platform Zelle.
The US Cybersecurity and Infrastructure Security Agency (CISA) has issued a binding operational directive (BOD 25-01) requiring federal civilian agencies to secure their Microsoft cloud environments.
The U.S. Faster Payments Council (FPC) has unveiled its latest report, International Practices in Mitigating Faster Payments Fraud, sponsored by Nasdaq Verafin. This in-depth resource provides valuable insights into how leading international markets address fraud in faster payments, offering actionable strategies for enhancing fraud mitigation in the United States.
The FBI has issued a Private Industry Notification (PIN) regarding new malware campaigns targeting Chinese-branded webcams and DVRs, using a remote access trojan (RAT) called HiatusRAT.