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cybersecurity News

White House Aims to Bolster Cybersecurity With Last-Minute Order

President Joe Biden on Thursday is set to issue an executive order aimed at strengthening the federal government’s cybersecurity and offering it more tools to punish digital attackers. The order in the final days of the Biden administration is meant …

Symbol Will Indicate When Connected Devices Are Cyber Secure

Consumers may soon be able to buy electronic products with a label indicating they are “cyber secure,” according to US officials. The White House on Tuesday announced the launch of a new US Cyber Trust Mark, indicating designated items follow …

Atos Says Ransomware Group Claims It Compromised a Database

Atos SE said a ransomware group called Space Bears claimed on Saturday to have compromised an Atos database.The French technology company, whose activities include cybersecurity as well as cloud and high-performance computing, said there’s no evidence so far that its …

Losses From Crypto Hacks Jump to $2.2 Billion in 2024, Report Says

Funds stolen by hacking cryptocurrency platforms surged 21% from a year ago to $2.2 billion in 2024, a report from blockchain analysis firm Chainalysis showed on Thursday. The hacking amount exceeded $1 billion for the fourth straight year and the …

Senators Say US Must Boost Security After Chinese Salt Typhoon Telecom Hacking

The United States must do more to address hacking threats after China’s alleged efforts known as Salt Typhoon to infiltrate American telecommunications companies and steal data about U.S. calls, senators said at a hearing Wednesday. “This attack likely represents the …

CrowdStrike Falls After Disappointing Earnings Outlook

CrowdStrike Holdings Inc. issued a weaker-than-expected earnings forecast, disappointing investors who have been watching for signs that the cybersecurity company has recovered from a flawed update that crashed computers around the world. Adjusted earnings will be 84 cents to 86 …

Bank of Japan Governor Warns AI Could Bring New Financial Stability Risks

Bank of Japan Governor Kazuo Ueda said on Thursday central banks must be mindful that technological advances, such as in the area of artificial intelligence (AI), could bring new risks to financial stability. “As financial services grow more diverse and …

Biden Administration to Support Controversial UN Cyber Treaty

The Biden administration plans to support a controversial cybercrime treaty at the United Nations this week despite concerns that it could be misused by authoritarian regimes, according to senior government officials. The agreement would be the first legally binding UN …

Marriott Settles With States for $52M Over 2018 Data Breach at Starwood

Marriott International has agreed to settle with the Federal Trade Commission and 50 state attorneys general over a series of data breaches at a guest-reservation system subsidiary. According to multiple statements from the states, Marriott will pay $52 million to …

Home Security Firm ADT Reports Unauthorized Activity on Its Network

Home security firm ADT Inc said on Monday an unauthorized actor had illegally accessed its network using credentials obtained through a third-party business partner. Shares of the company fell 1.8% after the bell. Monday’s incident comes just months after the …