Will large language models such as ChatGPT take cybercrime to new heights? Researchers say AI for malicious use so far remains a novelty rather than a useful and reliable cybercrime tool. But as AI capabilities and chatbots improve, the cybersecurity writing is on the wall.
The cybersecurity industry experienced a dramatic drop-off in funding, stock prices and M&A activity as the economic downturn took hold in late 2022. Venture capital financing tumbled to $18.5 billion in 2022, 39% lower than the record-breaking $30.4 billion invested in 2021, Momentum Cyber found.
AT&T wants to unload its cyber assets just five years after doubling down on security through its $600 million purchase of threat intelligence vendor AlienVault. The Dallas-based carrier has been working with British banking firm Barclays to solicit bids for its cybersecurity business, Reuters said.
The revolution ChatGPT drove in the consumer market has prompted enterprises to more closely examine how AI can help safeguard data, says Palo Alto Networks CEO Nikesh Arora. The demands from AI in the enterprise are far more exacting, as firms insist AI be clean, comprehensive and in real time.
Norwegian authorities confiscated crypto assets worth nearly $5.68 million tied to the 2022 Ronin cryptocurrency bridge hack by North Korean state threat actor Lazarus Group. The authority describes the seizure as Norway's largest-ever crypto seizure.
Darktrace has brought in Ernst & Young to review the cybersecurity AI vendor's financial process and controls following bombshell allegations from short seller Quintessential Capital Management. The review comes weeks after QCM claimed that Darktrace overstated its sales, margins and growth rates.
According to the Forrester Wave issued in December 2022, the top challenge security analytics vendors face when bringing SIEM, SOAR and UEBA together is making it easy for customers to manage and maintain the offering, says Forrester analyst Allie Mellen.
The adoption of new technologies, multi-cloud architectures and multiple data storage sites has resulted in data residing in more places than ever before. That's why enterprises need a single pane of glass to know who's touching their data and why, says Imperva CEO Pam Murphy.
Airbus has made a formal offer to purchase a 29.9% stake in Atos' $4.8 billion Evidian cybersecurity, big data and digital business. Atos says it will initiate negotiations focused on both Airbus' offer and a long-term strategic and technological partnership between the two organizations.
In this podcast, Rodman Ramezanian, global cloud threat lead at Skyhigh Security, discusses why the risk of data breaches is so high, how security teams can protect data wherever it resides, and why security leaders should embrace a new mindset for data protection.
Endpoint detection and response is a great defense - but not entirely enough to protect all data in the event of a devastating cyberattack. Enter endpoint backups, which provide extra levels of resiliency, recovery and compliance, says Mason Swenson of CrashPlan.
Accenture has bought Morphus to get more intelligence around fraud and other cybercrimes Brazilian criminals are perpetuating in the digital world. The Morphus acquisition will help Accenture customers take on financially motivated cyber fraud and insider threats that are pervasive in Brazil.
Watch this video to learn why it is critical, now more than ever, to invest in practical, hands-on training that will allow an organization as a whole to practice effective security protocols and equip them with the right knowledge, skills and tools to thwart new and emerging security threats.
The founding team behind SOAR vendor Demisto has started a passwordless authentication and user management platform company that caters to the developer community. Descope helps developers embed authentication in the application build process and competes with Auth0 in the CIAM space.
As ransomware continues to disrupt British organizations, the U.K. for the first time has sanctioned alleged cybercriminals, including accused Conti and TrickBot operators. Ransomware victims must conduct due diligence before paying any ransom, as violating sanctions carries severe penalties.
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