U.S. regulators filed a civil lawsuit against accused Mango Markets manipulator Avraham Eisenberg, who already faces criminal prosecution for allegedly stealing $114 million. The Commodity Futures Trading Commission suit is the agency's first action against an oracle price manipulation strategy.
Technology implementations should be paired with a thought process of prioritizing automation, innovation and continuous improvement. Eliminating passwords and implementing AI/ML at the front end can reduce risks from human carelessness, says Nikhil Chawla of Colgate Global Business Services.
Rising offensive security star NetSPI has bought boutique penetration testing firm nVisium to help customers assess their cloud defenses. NetSPI says nVisium's deep understanding of specific cloud platforms will come in handy since Azure penetration testing differs from AWS pen testing.
Although small to medium enterprises - SMEs - do not have the security resources larger enterprise possess, they face the same risks. Here are five reasons you should consider consolidating your tech as you strive to find an effective, sustainable security stack that also keeps costs in check.
Low-level hackers are probing the capacity of ChatGPT to generate scripts that could be used toward criminal ends, such as for stealing files or malicious encryption. One poster on a hacking forum described the process as writing pseudo-code. More sophisticated cases are likely a matter of time.
Seattle police have charged an online retailer's "shopping experience" software programmer with engineering a fraud scheme based on the movie "Office Space," in which malicious software was used to transfer a fraction of every transaction into an outside account.
CircleCI, which is used by over 1 million developers to build, test and deploy software, has issued a brief security alert warning all customers to immediately "rotate any secrets stored in CircleCI" as it continues to probe a suspected two-week intrusion.
The latest edition of the ISMG Security Report analyzes why Meta has agreed to pay $725 million to settle a class-action lawsuit over users' personal data, how the median stock price dropped 40% among publicly traded security firms in 2022, and why an infrastructure change is needed in SOCs.
Airbus has once again expressed interest in Atos' $4.8 billion cybersecurity, big data and digital business - this time as a minority stakeholder, Les Echos reports. The Dutch aircraft manufacturer has started exploratory talks to take a noncontrolling interest in Atos' Evidian business.
Rackspace says the ransomware-wielding attackers who disrupted its hosted Microsoft Exchange Server environment last month wielded a zero-day exploit, described by CrowdStrike as being "a previously undisclosed exploit method for Exchange," to gain remote, direct access to servers it hosted.
U.S. banking regulators warned banks to be wary of cryptocurrencies, writing in a joint statement that digital assets on decentralized networks are "highly likely to be inconsistent with safe and sound banking requirements." The missive comes after a volatile year for cryptocurrency.
Former cryptocurrency billionaire Sam Bankman-Fried entered a "not guilty" plea in Manhattan federal district court Tuesday. He faces up to 115 years in prison if found guilty on all counts. Bankman-Fried has been out on $250 million bail in home detention with his parents in California.
After two sensational years in the public markets during the height of COVID-19, 2022 was a rude awakening for the cybersecurity industry. The four-headed monster of inflation, interest rate hikes, supply chain shortages and the ongoing Russia-Ukraine war dragged most stock prices down.
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