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Marco VDM/Getty Images It’s no secret that businesses around the world are implementing artificial intelligence to gain a competitive advantage in their industries. AI could have an outsize impact on corporate cybersecurity, as well, according to a new study of 2,486 information technology and security professionals, conducted by Google Cloud and the Cloud Security Alliance. […] More
Bloomberg/Getty Images As Windows 10 nears its end-of-support deadline, Microsoft is executing a familiar game plan for its business customers. Last December, the company confirmed it would offer a subscription-based option to customers who want to continue receiving security updates for Windows 10 after October 14, 2025, mirroring a similar program Microsoft ran in 2020, […] More
Get the Ultimate Cybersecurity & IT Career Certification Training Bundle for just $35. StackSocial It’s no secret that cybersecurity and IT skills are in high demand. This means they are some of the most sought-after (and possibly lucrative) career paths. And if you want to get in on this hot field, you do not have […] More
da-kuk/Getty Images The US and UK will work together on the development and safety of artificial intelligence. The two allies on Tuesday signed an accord that will see both countries collaborate on AI. As part of the agreement, which was signed by US Commerce Secretary Gina Raimondo and UK Technology Secretary Michelle Donelan, the countries […] More
Adela Stefan/Getty Images/500px Internet cookies can be useful when browsing the web, saving your site preferences and browsing information for a more seamless experience, but they can also be used to track you or even steal your data. Google’s latest project attempts to stop malicious actors from doing the latter. On Tuesday, Google unveiled Device […] More
The Monetary Authority of Singapore (MAS) and six banks have launched COSMIC, a common data platform to let financial institutions exchange insights on possible financial crime activities. DBS, UOB, Standard Chartered, Citibank, and HSBC have begun sharing customer information carrying “red flags” so they can warn each other of potential financial crime, such as money laundering and terrorism financing, MAS said. The six banks will only share data if the customer’s profile or behavior exhibits “certain objectively-defined indicators of suspicion,” the central bank said in a statement on Monday. COSMIC is supposed to plug gaps where financial institutions are unable to alert each other about unusual activities involving their customers due to confidentiality requirements.Also: Singapore wants banks and telcos to bear losses if found negligent in phishing scamsIn May 2023, Singapore proposed amendments to its Financial Services and Markets Bill to facilitate the sharing of data and establish the legal framework to do so via the data platform. These amendments have kicked in with the launch of COSMIC, according to MAS. The bill sets out policies and operational guidelines to which participants must adhere to safeguard the confidentiality of the shared data.”This will allow participant financial institutions to share information on potential criminal behavior, while safeguarding the interests of the vast majority of customers who are legitimate,” MAS said. “Customers are encouraged to continue to provide timely responses if requested by financial institutions to provide clarifications on their risk profiles or transactions, so that financial institutions can make informed risk assessments.” More
Thomas Barwick/Getty Images Cybersecurity attacks continue to climb in Asia-Pacific, even as organizations in markets such as Singapore struggle to adopt the necessary security measures due to a lack of knowledge. The region saw a 15% increase in cyberattacks in 2023, clocking an average of 1,963 attacks weekly, with ransomware leading the pack. The financial […] More
AT&T/ZDNETMillions of AT&T customers may have been affected by a data leak, forcing the carrier to change their passcodes. In a notice posted on Saturday, AT&T said that data seemingly from 2019 and earlier was leaked on the dark web, impacting 7.6 million current AT&T subscribers and 65.4 million former AT&T account holders.The scope of the leaked data found on the dark web varies from account to account. In addition to passcodes for all affected customers, it may also include full names, email addresses, mailing addresses, phone numbers, social security numbers, dates of birth, and AT&T account numbers. The carrier said that the dataset does not contain any personal financial information or call history.Also: Why were millions of AT&T customers left disconnected? We have an answerAT&T said the company sent emails or letters to all current and former subscribers who were impacted by the leak. In addition to resetting customer passcodes, the company urged customers to monitor their account activity and credit reports. To do so yourself, you can set up free fraud alerts with Equifax, Experian, and TransUnion, and review a free credit report through Freecreditreport.com.”The severity of this data breach is significantly heightened because of the Personal Identifiable Information (PII), including full names, email addresses, mailing addresses, phone numbers, Social Security numbers, dates of birth, AT&T account numbers, and passcodes, that were part of the compromised data,” Anne Cutler, a cybersecurity evangelist at Keeper Security, told ZDNET. “The immediate concern is the potential exploitation of this exposed data, which could lead to various malicious activities such as identity theft, phishing attacks, and unauthorized access to user accounts.”If you’re an AT&T subscriber affected by this breach, change your passcode. To do that, go to your myAT&T profile page and sign in when prompted. Scroll to the section for “My linked accounts,” select Edit for the passcode you want to change, and follow the prompts. More
