FBI

IBM Report: Identity Comes Under Attack, Straining Enterprises' Recovery Time from Breaches

Retrieved on: 
Wednesday, February 21, 2024

CAMBRIDGE, Mass., Feb. 21, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today released the 2024 X-Force Threat Intelligence Index highlighting an emerging global identity crisis as cybercriminals double down on exploiting user identities to compromise enterprises worldwide. According to IBM X-Force, IBM Consulting's offensive and defensive security services arm, in 2023, cybercriminals saw more opportunities to "log in" versus hack into corporate networks through valid accounts – making this tactic a preferred weapon of choice for threat actors.

Key Points: 
  • Ransomware attacks on enterprises saw a nearly 12% drop last year, as larger organizations opt against paying and decrypting, in favor of rebuilding their infrastructure.
  • With this growing pushback likely to impact adversaries' revenue expectations from encryption-based extortion, groups that previously specialized in ransomware were observed pivoting to infostealers.
  • "Identity is being used against enterprises time and time again, a problem that will worsen as adversaries invest in AI to optimize the tactic."
  • Sign up for the 2024 IBM X-Force Threat Intelligence webinar on Thursday, March 7th at 11:00 am ET.

Fortress Information Security Deploys Automated Patch Notification and Authenticity tool to help secure Critical Assets from Hostile Nation-States

Retrieved on: 
Tuesday, February 20, 2024

ORLANDO, Fla., Feb. 20, 2024 /PRNewswire/ -- The Cybersecurity and Infrastructure Security Agency (CISA), the National Security Agency (NSA), and the Federal Bureau of Investigation (FBI) have clearly warned that U.S. critical infrastructure is under attack. The three federal agencies outlined how "Volt Typhoon," a group of threat actors working under the direction of the Chinese Communist Party (CCP), pose a serious challenge to operators of transportation, commerce, clean water, and electricity services.

Key Points: 
  • Volt Typhoon exploits online assets that have not been updated with the latest vulnerability patches.
  • Fortress Information Security is working with America's leading power companies to limit exposure from abroad by ensuring notification of security updates as soon as they are available.
  • "If one of America's adversaries has used software to open a backdoor and get into a network, FIA will help security pros close the door."
  • "Fortress research has shown that much of the software used by energy companies is NOT secure by design," said Santos.

ROC Launches Latent Fingerprint Capabilities, Ranking Top 3 Globally for Accuracy with Speeds 500x Faster Than Industry Standard

Retrieved on: 
Thursday, February 15, 2024

DENVER, Feb. 15, 2024 /PRNewswire/ -- ROC, a world leader in computer vision and biometrics, continues to make a compelling case for U.S. homegrown technology with a strong showing in its first ever NIST Evaluation of Latent Fingerprint Technologies (ELFT).

Key Points: 
  • ROC also ranked as the #2 most accurate global algorithm in the FBI Laboratory dataset and #2 most accurate global algorithm in latent palmprint search.
  • Achieving top 3 global ranking for accuracy cements ROC as one of the top latent fingerprint matchers in the world.
  • However, it is their signature combination of top-tier accuracy along with unprecedented search speeds that industry experts are most excited about.
  • The company has offices in Denver, CO, Morgantown, WV, and a new fingerprint center of excellence in Grand Rapids, MI.

AITX’s RAD Announces ATM Hook & Chain Attack AI Analytic

Retrieved on: 
Thursday, February 15, 2024

Detroit, Michigan, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCPK:AITX), today announced a significant addition to its suite of AI analytics. This innovation equips RAD's robotic security solutions with the capability to detect the rampant threat of Hook & Chain ATM attacks plaguing the banking industry. A Hook and Chain attack involves attaching one end of a chain or cable to an ATM and using a vehicle to exert force on the machine, usually by pulling the chain with the vehicle, with the objective of forcefully open the ATM's safe doors, allowing thieves to access the cash inside. With this development, RAD continues to lead the charge in providing cutting-edge security solutions tailored to meet the evolving challenges faced by financial institutions and other enterprise clients.

Key Points: 
  • This innovation equips RAD's robotic security solutions with the capability to detect the rampant threat of Hook & Chain ATM attacks plaguing the banking industry.
  • Hook and chain attacks were the leading ATM crime, in which thieves steal the cash from an ATM machine and cause extensive property damage, sometimes with loss and damages approaching $500K per incident.
  • Mark Folmer, CPP, PSP, FSyI, President of RAD, added, “The Hook & Chain analytic was requested during discussions with a leading national bank with over 1000 branches.
  • We currently have highly satisfied banking clients who are eager to implement the ATM attack detection analytic.

Keeper® Security Strengthens Public Sector Advisory Board with Dr. Chase Cunningham, Pioneer of Zero Trust

Retrieved on: 
Thursday, February 15, 2024

CHICAGO, Feb. 15, 2024 /PRNewswire/ -- Keeper Security, the leading provider of zero-trust and zero-knowledge cybersecurity software protecting passwords, passkeys, privileged access, secrets and remote connections, today welcomes Chase Cunningham, PhD to its Public Sector Advisory Board. As an advisory board member, Cunningham will contribute his expertise to bolster Keeper's ongoing efforts to meet the shifting cyber demands of the US government as it continues to set the pace toward a future of zero trust. Keeper Security's early adoption of zero-trust architecture has become a model for national security and cybersecurity organizations preparing to invest in and implement zero trust.

Key Points: 
  • Keeper Security's early adoption of zero-trust architecture has become a model for national security and cybersecurity organizations preparing to invest in and implement zero trust.
  • He founded Forrester's Zero Trust eXtended (ZTX) framework, guiding hundreds of thousands of organizations into the adoption of zero-trust security.
  • Cunningham's research has transformed the security industry, illuminating the efficacy of zero trust in a dynamic, hybrid public sector environment.
  • "Chase has been instrumental in the development of zero-trust frameworks, and we are thrilled to have him on our Public Sector Advisory Board," said Darren Guccione, CEO and Co-founder of Keeper Security.

CYBER101 - Free cybersecurity awareness training for businesses and individuals.

Retrieved on: 
Wednesday, February 14, 2024

This educational website offers a brief and engaging certification process to raise employee awareness about cybersecurity issues in less than an hour.

Key Points: 
  • This educational website offers a brief and engaging certification process to raise employee awareness about cybersecurity issues in less than an hour.
  • "When teaching at the McGill Executive Institute, cybersecurity consistently emerges as a critical issue," emphasizes Benjamin Beauregard, cofounder of Cyber101.
  • Cyber101 offers companies a unique opportunity to educate their employees on best practices in cybersecurity, at no cost.
  • Businesses and individuals can immediately improve their cybersecurity posture in less than an hour.

Citizens Financial Group Appoints Brendan Goode as Chief Security Officer

Retrieved on: 
Wednesday, February 14, 2024

Citizens Financial Group, Inc. (NYSE: CFG) today announced that Brendan Goode will assume the role of Chief Security Officer, effective April 29, 2024.

Key Points: 
  • Citizens Financial Group, Inc. (NYSE: CFG) today announced that Brendan Goode will assume the role of Chief Security Officer, effective April 29, 2024.
  • Upon assuming the CSO role, Goode will report to Michael Ruttledge, CIO and Head of Enterprise Technology & Security.
  • “We have designed a thoughtful transition process that will further strengthen the bank’s security posture and business resilience capabilities.”
    Goode joins Citizens from Commonwealth Bank of Australia (CBA), where he most recently served as Chief Security Officer with responsibility for the Group Security organization.
  • She joined Citizens from Mandiant where she was the Director of Information Security Programs and previously served as the Chief Information Security Officer for PNC Financial Services and held senior leadership roles with the FBI and Department of Justice.

Sekur Private Data Ltd. Launches Small Business Solutions Marketing Efforts Amid Increased Attacks on SMBs in the USA During Election Year

Retrieved on: 
Wednesday, February 14, 2024

NEW YORK, NY and TORONTO, Ontario, Feb. 14, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Sekur Private Data Ltd. (CSE:SKUR) (OTCQB:SWISF) (FRA:GDT0) (“Sekur” or the “Company”), a leading Swiss hosted secure and private communications platform, is pleased to announce that it has launched its Sekur SMB Privacy and Security solutions of privacy communications solutions amid increased cyber attacks and BEC attacks on small businesses in the USA during the presidential election year.  

Key Points: 
  • Sekur has launched its marketing of SMB solutions in the USA through online marketing and plans to launch a series of channel marketing programs in the coming weeks, to get Sekur and its anti-BEC attack solutions to small businesses in the USA.
  • In 2021 alone there were 20,000 BEC attacks reported to the FBI in the USA.
  • The Sekur number is the contact ID a user would disclose in order for other Sekur users to be added.
  • Sekur’s Data privacy solutions are all hosted in Switzerland, protecting users’ data from any outside data intrusion requests.

Uptick in Crypto Cyber Crimes Targeting Seniors | Dilendorf Represents Victims of Elder Fraud

Retrieved on: 
Tuesday, February 13, 2024

Cyber fraud takes many forms, but according to the FBI's economic crimes unit, older adults are losing more money at a faster pace.

Key Points: 
  • Cyber fraud takes many forms, but according to the FBI's economic crimes unit, older adults are losing more money at a faster pace.
  • In response to these alarming statistics, Dilendorf Law Firm emphasizes the critical importance of legal recourse, particularly in cases where theft occurs via regulated cryptocurrency exchanges.
  • "We understand how distressing it is when seniors are targeted by cyberattacks that severely impact their financial security.
  • They offer ongoing guidance for individuals who have been victims of elder fraud by exploring avenues for recovering these funds.

Amici Support NCLA’s Stance at Supreme Court in Major Social Media Censorship Injunction Case

Retrieved on: 
Monday, February 12, 2024

NCLA is asking the Supreme Court to uphold a preliminary injunction granted by the Fifth U.S.

Key Points: 
  • NCLA is asking the Supreme Court to uphold a preliminary injunction granted by the Fifth U.S.
  • Circuit Court of Appeals that bars White House, CDC, FBI, Cybersecurity and Infrastructure Security Agency, and Surgeon General’s office officials from significantly encouraging social media platforms to censor lawful speech.
  • NCLA thanks amici for speaking out in defense of Americans’ First Amendment rights.
  • — Foundation for Individual Rights and Expression, National Coalition Against Censorship, and First Amendment Lawyers Association
    “What makes this example of jawboning the most dangerous ever to reach the court is social media platforms’ social function.