NHS Software Supplier Advanced Faces $7.6 Million Fine Over Ransomware Attack Failings

NHS software supplier Advanced faces a hefty fine of over £6 million (~$7.6 Million) for failing to protect personal information during a ransomware attack that impacted the National Health Service in the UK.

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Phishing Attacks Can Bypass Microsoft 365 Email Safety Warnings

A vulnerability in Microsoft 365’s anti-phishing measures allows malicious actors to deceive users into opening harmful emails by…

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Black Hat Roundup 2024: What to Expect From This Week’s Security Events

Discover the latest cybersecurity trends and techniques in this year’s Black Hat and DEF CON roundup.

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The API Security Crisis: Why Your Company Could Be Next

You’re only as strong as your weakest security link.

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Scamnetic Emerges From Stealth With AI-Based Scam Detection Solution

Scamnetic emerges from stealth mode with an AI-based scam detection solution and over $1 million in pre-seed funding.

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Cyber Training Organization Pledges $15 Million in Education Programs

EC-Council, a cyber certification organization, has pledged $15 million in scholarships to support over 50,000 students in cybersecurity programs. The goal is to help students earn industry credentials and enhance their cybersecurity skills.

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Ransomware Swells Despite Collective Push to Curb Attacks

Rapid7 researchers noted over 2,570 attacks in the first half of 2024, equating to around 14 attacks daily. The number of ransomware groups posting on data leak sites surged 67% compared to the previous year.

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Threat Actors Announced Doubleface Ransomware, Claims Fully Undetectable

Threat actors have introduced Doubleface ransomware, claiming it to be fully undetectable by major antivirus software. The ransomware utilizes a unique algorithm with AES-128 and RSA-4096 encryption, making decryption difficult without the right key.

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Abnormal Security Raises $250M on $5.1B Valuation to Enhance AI-Driven Cyber Protection

Abnormal Security, an AI-driven cybersecurity company, has raised $250 million in funding, valuing the company at $5.1 billion. The funding will support their mission of using AI to protect against cybercrime by understanding human behavior.

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Ransomware in 2024: More Attacks, More Leaks, and Increased Sophistication

The ransomware scourge is still growing and still successful for attackers, Rapid7’s Ransomware Radar Report 2024 shows.

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