Gen AI innovation race is leading to security gaps, according to IBM and AWS

Organizations are prioritizing innovation over security in the race to deploy gen AI, according to new report from IBM and AWS.Read More

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AT&T Splits Cybersecurity Services Business, Launches LevelBlue

The new company will focus on cybersecurity services as a top-10 managed security service provider, but must expand outside the low-margin managing of security into detection and response.

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It Costs How Much?!? The Financial Pitfalls of Cyberattacks on SMBs

Cybercriminals are vipers. They’re like snakes in the grass, hiding behind their keyboards, waiting to strike. And if you’re a small- and medium-sized business (SMB), your organization is the ideal lair for these serpents to slither into. 
With cybercriminals becoming more sophisticated, SMBs like you must do more to protect themselves. But at what price? That’s the daunting question

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Apple’s iPhone Spyware Problem Is Getting Worse. Here’s What You Should Know

The iPhone maker has detected spyware attacks against people in more than 150 countries. Knowing if your device is infected can be tricky—but there are a few steps you can take to protect yourself.

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Law Enforcement Seized LockBit Group’s Website Again

Law enforcement authorities seized the Lockbit group’s Tor website again and they plan to reveal the identities of the LockBitSupps and other gang members on May 7, 2024.

Cyware News – Latest Cyber News – ​Read More

Finland Warns of Android Malware Attacks Breaching Bank Accounts

Finland’s Transport and Communications Agency (Traficom) highlighted multiple cases of SMS messages written in Finnish that instruct recipients to call a number. The scammer answers the call instructs victims to install a McAfee app for protection.

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Anetac Emerges From Stealth Mode With $16 Million in Funding

Identity management startup Anetac has emerged from stealth mode with a $16 million investment led by Liberty Global.

The post Anetac Emerges From Stealth Mode With $16 Million in Funding appeared first on SecurityWeek.

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Ransom Recovery Costs Reach $2.73 Million

Ransom recovery costs have surged, with the average payment reaching $2 million, a 500% increase from the previous year. Excluding ransoms, the average cost of recovery has risen to $2.73 million, up by almost $1 million, according to Sophos.

Cyware News – Latest Cyber News – ​Read More

Xiaomi Android Devices Hit by Multiple Flaws Across Apps and System Components

Multiple security vulnerabilities have been disclosed in various applications and system components within Xiaomi devices running Android.
“The vulnerabilities in Xiaomi led to access to arbitrary activities, receivers and services with system privileges, theft of arbitrary files with system privileges, [and] disclosure of phone, settings and Xiaomi account data,” mobile security firm

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US Cyber Command Appoints Morgan Adamski as Executive Director

United States Cyber Command (USCYBERCOM) has named Ms. Morgan M. Adamski as Executive Director effective June 2024.

The post US Cyber Command Appoints Morgan Adamski as Executive Director appeared first on SecurityWeek.

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