Online sports retailer Sports Warehouse has agreed overhaul its security program and pay a $300,000 fine to New York State after hackers stole 20 years' worth of payment card data and customer information the company was storing in plaintext on its e-commerce server.
ChatGPT will continue to operate inside the European Union despite warnings from OpenAI CEO Sam Altman that he's prepared to pull out from the bloc if he doesn't like regulations being prepared in Brussels. European lawmakers earlier this month proposed new obligations for AI models such as GPT.
A new OAuth-related vulnerability in an open-source application development framework could expose Facebook, Google, Apple and Twitter users to account takeover, personal data leakage, identity theft, financial fraud and unauthorized actions on other online platforms, security researchers said.
Between May 19 and 25, a hacker took control of Tornado Cash and stole $1 million, plaintiffs in a Coinbase-bankrolled lawsuit pressed for summary judgment, attackers used crypto phishing as a service to steal $6 million, Trezor hot wallet was found to possibly be buggy and Celer patched a bug.
Seed funding for Israeli cybersecurity startups has blossomed despite the economic downturn, and both deal volume and size have strengthened in 2022 as compared to 2021. The indefinite closing of the initial public offering market in spring 2022 caused late-stage investment to fall off a cliff.
As the largest media company at RSA Conference 2023, ISMG conducted more than 160 individual interviews with CEOs, CISOs, government leaders, investors, researchers and attorneys. This compendium covers every facet of cybersecurity, from the latest technology solutions to emerging trends.
State-aligned hackers are increasingly targeting small and medium-sized businesses worldwide, as SMBs are more likely to be under-protected against cybersecurity threats such as phishing campaigns, according to a new report by cybersecurity firm Proofpoint.
Law enforcement and regulatory action over the past year in the United States most likely dissuaded hackers from stealing cryptocurrency, making the amount stolen in the first quarter of the year the lowest compared to each of the four quarters in 2022, TRM Labs said.
With data distributed across multiple clouds serving an increasingly remote workforce, can existing data protection programs truly be successful? Most data protection solutions have been built on a foundation of legacy technologies and operations that only drive up complexity and costs.
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Researchers have identified two legitimate-looking malicious npm packages that concealed an open-source info stealer for two months before being detected and removed. Developers downloaded the TurkoRat malware about 1,200 times from open-source repositories.
MiCA's consumer protection provisions extend to cybersecurity, with its anti-money laundering, cyberattack liability and travel rule clauses. ISMG contributors Ari Redbord of TRM Labs and Troy Leach of Cloud Security Alliance discuss its impact on cybercrime, compliance challenges and the way ahead.
In the latest weekly update, four ISMG editors discuss the mounting fallout from the March hack of Capita and accompanying data breach, the comprehensive crypto regulation adopted by the EU, and Crosspoint Capital's agreement to purchase Absolute Software for $657 million.
In the days between May 11 and May 18, the Uranium Finance hacker laundered more stolen funds, LayerZero launched a $15 million bug bounty program, the European Union adopted comprehensive cryptocurrency legislation, and Ledger faced backlash on its seed phrase recovery solution.