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Fraud Management & Cybercrime

Rhysida Leaks Nursing Home Data, Demands $1.5M From Axis

Marianne Kolbasuk McGee  •  October 11, 2024

Ransomware gang Rhysida is threatening to dump data on the dark web that belongs to a Colorado provider of mental health, substance abuse and other healthcare services unless it pays nearly $1.5 million. The group is leaking records it claims to have stolen from a Mississippi nursing home.

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Cyberwarfare / Nation-State Attacks

ISMG Editors: Chinese Hackers Raise Stakes in Cyberespionage

Anna Delaney  •  October 11, 2024

In the latest weekly update, ISMG editors discussed the implications of the U.S. investigation into Chinese hackers targeting telecom wiretap systems, the catastrophic risks of AI and the recent veto of an AI safety bill in the U.S., and the latest global ransomware response guidance.

Attack Surface Management

Hackers Prowling For Unencrypted BIG-IP Cookies, Warns CISA

David Perera  •  October 11, 2024

Unencrypted cookies tied to a suite of secure gateway technology from F5 are gateways for hackers to reach internal devices on corporate networks, warns the Cybersecurity and Infrastructure Security Agency. BIG-IP uses persistent cookies as a traffic load-balancing convenience.

Artificial Intelligence & Machine Learning

Regulating AI Catastophic Risk Isn't Easy

Rashmi Ramesh  •  October 11, 2024

An attempt by the California statehouse to tame the potential of artificial intelligence catastrophic risks hit a roadblock when Governor Gavin Newsom vetoed the measure late last month. One obstacle is lack of a widely-accepted definition for "catastrophic" AI risks.

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Leadership & Executive Communication

CyberEdBoard Profiles in Leadership: Norman Kromberg

Anna Delaney  •  October 11, 2024

When Norman Kromberg looks back over his career as a security leader and IT audit specialist, understanding threats and vulnerabilities was just part of the reason for his success. A major factor was - and still is - understanding the business side of the organization.

Endpoint Security

European Council Adopts Cyber Resilience Act

Akshaya Asokan  •  October 10, 2024

The European Council on Thursday adopted security-by-design regulation that makes patching and vulnerability updates mandatory for connected devices. The regulation will ensure that "products with digital components are made secure throughout the supply chain and throughout their life cycle."

Breach Notification

New York State Enacts New Cyber Requirements for Hospitals

Marianne Kolbasuk McGee  •  October 10, 2024

General hospitals in New York State must now report cyber incidents to state regulators within 72 hours under new cybersecurity requirements that went into effect on Oct. 2. The hospitals have until next fall to comply with a long list of other security mandates, including appointing a CISO.

Artificial Intelligence & Machine Learning

GenAI Impact on Election Disinformation Limited, Says OpenAI

Rashmi Ramesh  •  October 10, 2024

Foreign threat actors are using generative artificial intelligence to influence U.S. elections, but their impact is limited, said OpenAI. Threat actors from China, Russia, Iran, Rwanda and Vietnam maliciously used AI tools to support influence operations.

Artificial Intelligence & Machine Learning

Relyance AI Raises $32M to Take on AI Governance Challenges

Michael Novinson  •  October 10, 2024

Relyance AI raised $32 million in Series B funding to grow its data governance platform. The funds will be used to scale operations, enhance real-time data visibility, and support enterprises in complying with complex global privacy regulations, ensuring responsible AI adoption across industries.

Cybercrime

Breach Roundup: Global Signal Exchange to Curb Online Fraud

Anviksha More  •  October 10, 2024

This week, the Global Signal Exchange hopes to dent online crime, a Fidelity data breach, phishing platform targets Microsoft 365 users, October Patch Tuesday, Pavel Durov said he's always cooperated with police, Highline Public Schools and CreditRiskMonitor updates, ADT and Casio suffered breaches

Blockchain & Cryptocurrency

Cryptohack Roundup: Australia Nabs Crypto in Ghost Takedown

Rashmi Ramesh  •  October 10, 2024

This week, Australia seized crypto from alleged Ghost mastermind, Taiwan drafts new AML rules, IcomTech founder sentenced, U.S. looks to recover stolen crypto, EigenLayer's erroneous fund transfer, FTX's bankruptcy plan approved, Bitfinex hack update and regulatory push for a lawsuit against Nvidia.

Cybercrime

Internet Archive Data Breach Exposes 31 Million Accounts

Mathew J. Schwartz  •  October 10, 2024

The nonprofit Internet Archive has been hit by hackers, who stole usernames and for 31 million accounts, including email addresses and bcrypt-hashed passwords. In recent days, the digital archive has also suffered defacement and repeat denial-of-service attacks.