The number of companies facing ransom payments for data stolen in a campaign targeting Snowflake Inc. users is believed to be as many 10 as a hacker claims to have gained access by compromising a third-party contractor. The hacking campaign targeting Snowflake users first came to light in late May when a claimed 560 million ...

Israeli enterprise generative artificial intelligence security startup Aim Security announced today that it has raised $18 million in new funding to enhance its AI security platform, with a goal to ensure comprehensive protection for enterprises adopting generative AI. The company was founded in 2022 by Chief Executive Matan Getz (pictured, right) and Chief Technology Officer ...

A 22-year-old U.K. man believed to be a key member of the Scattered Spider cybercrime group was arrested by police in Spain during the week as part of an ongoing investigation by the U.S. Federal Bureau of Investigation. The arrest was first reported Friday by Murcia Today, who said that the man was arrested on ...

U.S. healthcare provider Ascension has provided more details of its “cyber security event” last month, admitting that data was stolen, with some reports also suggesting that the Black Basta ransomware gang was behind the attack. One of the largest nonprofit and Catholic health systems in the U.S. and also the second-largest operator of hospitals in ...

Identity security company SailPont Technologies Inc. today launched a new artificial intelligence-powered application onboard capability to enable customers to integrate critical business applications seamlessly. The new capability, offered as part of the SailPoint Identity Security Cloud, has been designed to simplify the process of integrating critical business applications. Through the automation of the onboarding process, ...

Microsoft Corp. President Brad Smith said before a House Committee on Homeland Security hearing today that the company acknowledges its past security shortcomings and detailed new initiatives to bolster defenses. The testimony came as a former employee claimed that Microsoft ignored his warnings about vulnerabilities in Active Directory, which ultimately led to the hack of ...

A new report out today from artificial intelligence-powered security engineering startup CardinalOps Ltd. has found that enterprise security information and event management tools are falling short in detecting cyberthreats. The report, based on the analysis of 3,000 detection rules and 1.2 million log sources from major SIEMs, including Splunk Inc., Microsoft Sentinel, IBM QRadar and ...

A new report released today by the Threat Hunter Team at Symantec warns that attackers linked to the Black Basta ransomware gang may be exploiting a recently patched Windows privilege escalation vulnerability. The vulnerability, designated CVE-2024-26169, is found in the Windows Error Reporting Service and if exploited, can permit attackers to elevate their privileges. The vulnerability was ...

Life360 Inc., the company that owns the Tile location tracking company, has disclosed that it has recently become a victim of a “criminal extortion attempt” relating to stolen data. Similarly to Apple Inc. and its AirTag, Tile produces small Bluetooth-enabled devices that help users locate and track items such as keys, wallets and bags. The ...

Terraform Labs Pte. Ltd. and its co-founder, Do Kwon, have agreed to pay $4.47 billion to settle a lawsuit brought against them by the U.S. Securities and Exchange Commission following the collapse of its TerraUSD and Luna token in 2022. The details of the settlement were listed in a court filing, which states that Terraform ...