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Microsoft has revealed that it's pursuing legal action against a "foreign-based threat–actor group" for operating a hacking-as-a-service infrastructure to intentionally get around the safety controls of its generative artificial intelligence (AI) services and produce offensive and harmful content

Bank Info Security 1 year, 6 months ago

Report: Chinese Hackers Breached CFIUS

Cyberespionage Campaign Reached Treasury Office that Reviews Foreign InvestmentChinese hackers reportedly breached a U.S. government office responsible for reviewing foreign investments for national security threats as part of a cyberespionage campaign targeting the Department of Treasury. Hackers gained access to the Committee on Foreign Investment in the U.S.

Bank Info Security 1 year, 6 months ago

Biden Administration Releases 'AI Strategic Plan' for HHS

Days Are Dwindling, But Biden White House Unveils New AI Roadmap for HHSWith 10 days left in office, the Biden administration released an artificial intelligence strategic plan for the U.S. Department of Health and Human Service. HHS called the plan a "comprehensive roadmap" outlining the department’s "commitment to trustworthy, ethical and equitable AI use.

Nvidia, Semiconductor Trade Group Push Back Against Reported Chip RestrictionsThe White House’s reported final push to impose tighter restrictions on global semiconductor exports, including artificial intelligence chips critical for data centers, has drawn strong criticism from Nvidia and the semiconductor industry in the last days of the administration.

Bank Info Security 1 year, 6 months ago

ISMG Editors: The Coming Battle Over Chinese Cyberthreats

Also: Cybersecurity Tech Leader Amit Yoran’s Life, Leadership and LegacyIn this week's update, ISMG editors discussed the escalating geopolitical cyberthreats expected in 2025, including advanced and persistent campaigns linked to Chinese actors. Panelists also paid tribute to Amit Yoran, one of the cybersecurity industry's most influential leaders.

Gee, wonder why Beijing is so keen on the – checks notes – Committee on Foreign Investment in the US Chinese cyber-spies who broke into the US Treasury Department also stole documents from officials investigating real-estate sales near American military bases, it's reported.…

Bank Info Security 1 year, 6 months ago

Could HIPAA Security Update Mean Bigger Lawsuit Payouts?

Experts Expect Breach Lawsuits to Multiply, Bolstered by New Compliance StandardsTampa General Hospital has agreed to pay $6.8 million to settle a consolidated proposed federal class action lawsuit filed in a the wake of a 2023 data theft incident affecting about 2.1 million people. How might a potential update to the HIPAA Security Rule affect similar lawsuits moving forward?

Bank Info Security 1 year, 6 months ago

Three Russian Cryptomixer Masterminds Indicted in US

Blender and Sinbad Were Favorites of Ransomware and North Korean HackersThree Russian nationals behind cryptocurrency mixers favored by ransomware hackers and North Korean crypto thieves face criminal charges in U.S. federal court: Roman Vitalyevich Ostapenko, 55, Alexander Evgenievich Oleynik, 44, and Anton Vyachlavovich Tarasov, 32.

Bank Info Security 1 year, 6 months ago

Cloud Security, APT Threats, AI Risks Loom Large in 2025

Google Mandiant's Jamie Collier on the Biggest Cloud Security ChallengesTo combat AI threats in 2025, security teams are set to enter the second phase of AI innovation in security by deploying semi-autonomous operations such as alert parsing, creation of high-priority item lists and risk remediation, said Jamie Collier, senior threat intelligence advisor at Mandiant.

Firm Folds AI Studio, Gemini API Into DeepMind; Sets up World Model TeamGoogle is restructuring its artificial intelligence teams and forming a new division under its DeepMind unit. Both the AI Studio team and the Gemini API team will now be run under DeepMind, a shift Google says will make DeepMind's work more accessible to the public.

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