NVIDIA, a global technology powerhouse, is making waves in the tech industry, holding about 80% of the accelerator market in AI data centres operated by major players like AWS, Google Cloud, and Microsoft Azure. Recently hitting a monumental $2…
Tag: CySecurity News – Latest Information Security and Hacking Incidents
Optum CEO Stresses Communication’s Vital Role in Cyberattack Management
UnitedHealth Group’s subsidiary, Change Healthcare, is anticipated to provide a significant update possibly by Tuesday, following a severe ransomware attack that has persisted for five consecutive days, causing disruptions in healthcare services nationwide. Change Healthcare plays a pivotal role…
Tax Season Vigilance: Guarding Against Fraudulent Schemes
When people think about filing taxes, they get stressed out and intimidated. In this respect, they may be more susceptible to deception, including scammers’ attempts to obtain valuable personal information from them, claim refunds under their names, and trick…
Privacy Under Siege: Analyzing the Surge in Claims Amidst Cybersecurity Evolution
As corporate directors and security teams grapple with the new cybersecurity regulations imposed by the Securities and Exchange Commission (SEC), a stark warning emerges regarding the potential impact of mishandling protected personally identifiable information (PII). David Anderson, Vice President…
Law Enforcement Strikes Blow Against LockBit Ransomware Group
Marking a pivotal moment, the FBI and the U.K.’s National Crime Agency have scored a significant victory by gaining control of LockBit, a widely feared ransomware group. Their operation targeted LockBit’s main website, the platform through which the group…
Hackers Steal Nearly $10 Million from Axie Infinity Co-founder’s Personal Accounts
A significant amount of cryptocurrency, valued at nearly $10 million, has been reported stolen from personal accounts belonging to Jeff “Jihoz” Zirlin, one of the co-founders associated with the video game Axie Infinity and its affiliated Ronin Network. According…
Nvidia CEO Believes AI Would Kill Coding
When ChatGPT was first made public by OpenAI in November 2022, many were taken aback by its abilities. People discovered an array of opportunities for the AI chatbot, ranging from asking it to write poetry and music to debug…
Google’s Magika: Revolutionizing File-Type Identification for Enhanced Cybersecurity
In a continuous effort to fortify cybersecurity measures, Google has introduced Magika, an AI-powered file-type identification system designed to swiftly detect both binary and textual file formats. This innovative tool, equipped with a unique deep-learning model, marks a significant…
From Classrooms to Cyberspace: The AI Takeover in EdTech
Recently, the intersection between artificial intelligence (AI) and education technology (EdTech) has become one of the most significant areas of concern and growth within the educational industry. The rapid adoption of AI-based EdTech tools is creating a unique set…
Ransomware Distributed Through Mass Exploitation of ConnectWise ScreenConnect
Shortly after reports emerged regarding a significant security flaw in the ConnectWise ScreenConnect remote desktop management service, researchers are sounding the alarm about a potential large-scale supply chain attack. Kyle Hanslovan, CEO of Huntress, expressed concerns about the exploitation…