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Europe Moves Closer to Establishing Comprehensive AI Regulations
The European Parliament has reached a significant milestone in the establishment of a pan-EU rulebook for artificial intelligence (AI). Parliamentarians voted to confirm their negotiating mandate for the AI Act, endorsing an amend...
Romanian National Behind Malicious Malware Attacks Sentenced To Prison
Mihai Ionut Paunescu, AKA “Virus” was arrested and sentenced by the Manhattan Federal Court to three years in prison for perpetrating cyberattacks.
Specifically, he was arrested for running a “bulletproof hosting” that allowed...
BitSight Exposes JBS's Inadequate Cybersecurity Prior to 2021 Ransomware Attack
JBS, one of the world's largest meat companies, had poor cybersecurity measures in place prior to the ransomware attack it experienced in May 2021, according to BitSight, a cybersecurity risk management firm. The attack, perpetrat...
Large Phishing Campaign Targets Nike, Other Popular Apparel Brands
Over 100 popular footwear and apparel brands have been the target of a wide-scale phishing campaign, researchers from Bolster discovered.
“Among the notable brands affected by this campaign are Nike, Puma, Adidas, Casio, Crocs,...
Google Announces $12 Million Research Program For Various Universities
Google announced a new research program funding universities in NYC. The internet giant is donating $12 million dollars to stimulate the cybersecurity industry.
The investments are part of a larger $10 billion dollar investment...
More MOVEit Vulnerabilities Found — Hundreds Of Organizations Hit
Even more vulnerabilities have been found in the file transfer service, MOVEit. This comes while zero-day victims are still coming forth about the attacks.
The vulnerabilities allow threat actors to steal data from companies or...
BBB Highlights New Scholarship Scams Targetting Students
Scammers are offering fake scholarships to steal data and money from students, according to the Better Business Bureau (BBB).
With the cost of tuition for 4-year universities hitting $22,000 on average, many students are feelin...
Text Scams Cost US Consumers $330 Million In 2022 Alone, Says FTC
The FTC’s recent Data Spotlight highlights a growing number of text scams, the amount of damage they’ve caused US consumers, and what type of scams are being run.
“In 2022, they were right to the tune of $330 million in losses...
US, S. Korea Issue Joint Cybersecurity Advisory against N. Korean State-Sponsored Actors
In a collaborative effort, the United States and the Republic of Korea (ROK) governments have released a joint cybersecurity advisory, highlighting the threat posed by Democratic People's Republic of Korea (DPRK) state-sponsored c...
World’s Largest Meat Processing Company Pays $11 Million In Ransomware Attack
JBS, the world’s largest meat processing company, fell victim to a ransomware attack. Unfortunately, it had to pay $11 million to secure its data.
The meat giant says that it had to pay the ransom since it was necessary to keep...