Implementing Identity Continuity With the NIST Cybersecurity Framework

Having a robust identity continuity plan is not just beneficial but essential for avoiding financially costly and potentially brand-damaging outages.

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The European Union’s World-First Artificial Intelligence Rules Are Officially Taking Effect

EU officials say the Artificial Intelligence Act will protect the “fundamental rights” of citizens while also encouraging investment and innovation in the booming AI industry.

The post The European Union’s World-First Artificial Intelligence Rules Are Officially Taking Effect appeared first on SecurityWeek.

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Webinar: Discover the All-in-One Cybersecurity Solution for SMBs

In today’s digital battlefield, small and medium businesses (SMBs) face the same cyber threats as large corporations, but with fewer resources. Managed service providers (MSPs) are struggling to keep up with the demand for protection.
If your current cybersecurity strategy feels like a house of cards – a complex, costly mess of different vendors and tools – it’s time for a change.
Introducing

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Protect AI Raises $60 Million in Series B Funding

AI and ML security provider Protect AI has raised $60 million in a Series B funding round led by Evolution Equity Partners.

The post Protect AI Raises $60 Million in Series B Funding appeared first on SecurityWeek.

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Security Bypass Vulnerability Found in Rockwell Automation Logix Controllers 

A high-severity security bypass vulnerability tracked as CVE-2024-6242 has been found and fixed in Rockwell Automation Logix controllers.

The post Security Bypass Vulnerability Found in Rockwell Automation Logix Controllers  appeared first on SecurityWeek.

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CrowdStrike Investors File Class Action Suit Following Global IT Outage

The Plymouth County Retirement Association claims the company misrepresented the effectiveness of its software platform and quality control procedures. The lawsuit alleges that CrowdStrike did not adequately test its software.

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StackExchange Abused to Spread Malicious PyPI Packages as Answers

Threat actors used StackExchange to promote malicious PyPi packages, including ‘spl-types,’ ‘raydium,’ ‘sol-structs,’ ‘sol-instruct,’ and ‘raydium-sdk,’ which steal data from browsers, messaging apps, and cryptocurrency wallets.

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Suspects in ‘Russian Coms’ Spoofing Service Arrested in London, as NCA Announces Takedown

The caller ID spoofing service, which was established in 2021, is believed to have caused financial losses in the tens of millions and had around 170,000 victims in Britain.

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New Windows Backdoor BITSLOTH Exploits BITS for Stealthy Communication

Cybersecurity researchers have discovered a previously undocumented Windows backdoor that leverages a built-in feature called Background Intelligent Transfer Service (BITS) as a command-and-control (C2) mechanism.
The newly identified malware strain has been codenamed BITSLOTH by Elastic Security Labs, which made the discovery on June 25, 2024, in connection with a cyber attack targeting an

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Mirai Botnet targeting OFBiz Servers Vulnerable to Directory Traversal

Enterprise Resource Planning (ERP) Software is at the heart of many enterprising supporting human resources, accounting, shipping, and manufacturing. These systems can become very complex and difficult to maintain. They are often highly customized, which can make patching difficult. However, critical vulnerabilities keep affecting these systems and put critical business data at risk. 
The

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