Gen AI financial scams are getting very good at duping work email

Gen AI financial scams are getting very good at duping work email

More than one in four companies now ban their employees from using generative AI. But that does little to protect against criminals who use it to trick employees into sharing sensitive information or pay fraudulent invoices. Armed with ChatGPT or its dark web equivalent, FraudGPT, criminals can easily create realistic videos of profit and loss … Read more

FBI shut down China ‘Volt Typhoon’ hackers targeting U.S.

FBI shut down China ‘Volt Typhoon’ hackers targeting U.S.

The FBI shut down a major China-backed hacking group that attacked hundreds of routers and had been working to compromise U.S. cyber infrastructure, FBI Director Christopher Wray announced Wednesday at a House committee hearing. The hacking group, code-named “Volt Typhoon,” had compromised hundreds of office and home-office routers to allow the Chinese government to access … Read more

Lawmakers Are Out for Blood After a Hack of the SEC’s X Account Causes Bitcoin Chaos

Lawmakers Are Out for Blood After a Hack of the SEC’s X Account Causes Bitcoin Chaos

In their letter, Vance and Tillis set a deadline of January 23 for the SEC to elucidate its plans to investigate what happened, among other things. In a statement, the SEC said it will “work with law enforcement and our partners across government to investigate the matter and determine appropriate next steps relating to both … Read more

China and cybercriminals are targeting American AI companies

China and cybercriminals are targeting American AI companies

American companies like Google, Microsoft, and OpenAI are currently driving the cutting edge of generative artificial intelligence development across the globe. However two of U.S.’s top national security leaders said that AI lead is under attack from foreign cybercriminals and nation-states like China. “Eighteen of the 20 most successful AI companies in the world are … Read more

Hackers see wealth of information to steal in kids’ school records

Hackers see wealth of information to steal in kids’ school records

Young male student preparing for the test listening online lessons on headphones Milan Kostic | Istock | Getty Images The education community — students, teachers, parents, staff and those connected to all of them — are barraged with threats to their physical safety. Now, they’re also increasingly dealing with the kind of threats that don’t … Read more

CrowdStrike CEO George Kurtz on China, Microsoft and the SEC

CrowdStrike CEO George Kurtz on China, Microsoft and the SEC

George Kurtz, co-founder and chief executive officer of Crowdstrike Holdings Inc., during a Bloomberg Technology television interview at the RSA Conference in San Francisco, California, US, on Wednesday, April 26, 2023. David Paul Morris | Bloomberg | Getty Images CrowdStrike CEO George Kurtz has had a banner year. The cybersecurity firm has seen its stock … Read more

Vans owner VF Corp shares tumble after cyberattack

Vans owner VF Corp shares tumble after cyberattack

A Vans store is seen in Hong Kong. Budrul Chukrut | LightRocket | Getty Images Shares of The North Face and Vans owner VF Corp. tumbled Monday after the company reported that a hack had affected its ability to fulfill some orders ahead of the holidays. The company said hackers encrypted “some” systems and made … Read more

McDonald’s Ice Cream Machine Hackers Say They Found the ‘Smoking Gun’ That Killed Their Startup

McDonald’s Ice Cream Machine Hackers Say They Found the ‘Smoking Gun’ That Killed Their Startup

A little over three years have passed since McDonald’s sent out an email to thousands of its restaurant owners around the world that abruptly cut short the future of a three-person startup called Kytch—and with it, perhaps one of McDonald’s best chances for fixing its famously out-of-order ice cream machines. Until then, Kytch had been … Read more