Canadian fintech firm Wealthsimple has disclosed a data breach affecting 30,000 clients after a third-party vendor was compromised. The incident exposed sensitive personal information, including Social Insurance Numbers, prompting an immediate response and enhanced security measures.
Artificial Intelligence has become the new battleground of global politics. Washington and Beijing pursue Dual-Carriage Politics, blending economic ambition, military strategy, and social values. From classrooms to trade wars, AI now shapes power, society, and the fragile balance of global order.
Australian businesses face a 1,265% surge in AI-powered phishing attacks. Cybercriminals use deepfakes, adaptive malware, and hyper-personalised scams while employees inadvertently leak data through AI tools. Expert insights reveal dual threats and essential protection strategies.
IBM sees a revenue dip as consulting faces slowdowns despite AI growth. Sophos acquires Secureworks for $859M, boosting its threat detection capabilities. Meanwhile, Arm cancels Qualcomm’s chip license, escalating a major legal battle over royalties in the semiconductor space.
Australia faces an escalating cybercrime crisis, leading experts to call for standardised training across all law enforcement agencies. During a Parliamentary Joint Committee hearing, specialists highlighted the urgent need for unified protocols to effectively combat sophisticated cyber threats.
Cisco faces a major data breach, AT&T agrees to a $13M settlement for mishandling customer data, and Notion’s founders are revolutionising enterprise operations with AI-driven tools. Discover the latest developments impacting cybersecurity and business tech innovation.
Cybercriminals and state-sponsored actors exploit social media for espionage and disinformation. Telegram is under fire for sharing data with Russia’s FSB, prompting Ukraine to restrict it. OpenAI's Ben Nimmo fights AI-driven disinformation targeting U.S. and European elections.
This week’s Cyber Pulse Mid-Week Briefings cover Australia’s new Cyber Security Bill, rising ransomware claims, Zscaler's AI-driven platform growth, and cyber threats from East Asia, including Chinese influence operations, North Korean tech theft, and costly global data breach claims.
Visa boosts AI fraud detection with Featurespace acquisition, lifting its stock; Experian expands Latin American security by acquiring ClearSale; Booz Allen shares cyber expertise at Singapore International Cyber Week; Torq secures $70M for global growth; SentinelOne and Okta shine in top awards.
Swiss Post strengthens its digital security with the acquisition of Open Systems, while Second Front Systems and Picus Security secure major funding for expansion. Intezer, EasyDMARC, and RunSafe scale up in cybersecurity, and the UK claims the top spot in CyberTech investment in Europe for H1 2024.
Europe faces a critical choice: embrace AI innovation or enforce restrictive regulations? Fragmented rules risk leaving Europe behind in AI advancements and economic growth. Clear, unified policies are key to keeping Europe competitive in the global AI race.
At Dreamforce 2024, California Governor Gavin Newsom signed three key AI-related bills, including SB1047, targeting AI use in election ads and deepfakes.
DDoS attacks are on the rise globally, targeting the Middle East, Israel, Ukraine, and key sectors like software, telecom, and banking.
In this mid-week edition of CYBER BITES, we dive into Iran’s cyberespionage group "Pioneer Kitten" collaborating with ransomware gangs, the massive "RockYou2024" password leak endangering billions.
CrowdStrike's disastrous July 19 software update crippled Jetstar and exposed vulnerabilities, causing a global IT outage. Competitors like SentinelOne exploited the chaos, shaking customer trust and eroding CrowdStrike's market value by 25%.
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