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France's Mistral Makes Digital Sovereignty Case for a European MythosThe European Central Bank added to mounting warnings sent to financial institutions that they must urgently act to protect their systems from artificial intelligence-enabled cyberattacks. British experts warned that gains in AI models' cyber capabilities appear to be accelerating.

Bank Info Security 2 months, 3 weeks ago

Cryptohack Roundup: US-Sanctioned Grinex Hacked

Also: Updates in KelpDAO, Drift, Hyperbridge HacksThis week, Grinex was exploited, a hacker laundered KelpDAO funds, Circle was sued over $280M Drift hack, Rhea Finance and Volo Protocol were exploited, update in Hyperbridge hack, sentencing in art scam case, a French home invasion for crypto theft and eth.limo hijack thwarted.

PLUS: Unpatched Ivanti boxes under attack; 0APT might not be a scam; AI gets better at helping cyber-scum; And more Infosec In Brief An unknown attacker accessed the French government’s database listing every bank account in the country and made off with 1.2 million records.…

Law enforcement authorities in Europe have arrested five suspects in connection with an "elaborate" online investment fraud scheme that stole more than €100 million ($118 million) from over 100 victims in France, Germany, Italy, and Spain

The French cybersecurity agency on Tuesday revealed that a number of entities spanning governmental, telecommunications, media, finance, and transport sectors in the country were impacted by a malicious campaign undertaken by a Chinese hacking group by weaponizing several zero-day vulnerabilities in Ivanti Cloud Services Appliance (CSA) devices

Bank Info Security 1 year, 3 months ago

Breach Roundup: A WhatsApp Flaw Ushered in Spyware

Also: France Temporarily Lifts Pavel Durov's Travel Ban Amid Telegram ProbeThis week, Paragon Solutions spread through WhatsApp, France suspended Pavel Durov's travel ban, Vapor malware hit 60M Android users, state-backed hackers exploit a Windows flaw, Western Alliance Bank exposed customers data, Apple fixed a passwords bug, and a sperm bank exposed customer information.

Bank Info Security 1 year, 6 months ago

Atos Completes Financial Restructuring

Paris IT Services Giant Reduces Debt by 2.1 Billion EurosFrench IT services giant Atos announced Thursday the completion of a financial restructuring plan designed to help the debt-ridden company stay afloat. "With no debt maturing before the end of 2029, Atos has the resources and flexibility to implement its mid-term strategy," the company said.

French police reckon financial system targeted during Summer Games Nearly four weeks after the cyberattack on dozens of French national museums during the Olympic Games, the Brain Cipher ransomware group claims responsibility for the incident and says 300 GB of data will be leaked later today.…

Bank Info Security 2 years ago

Atos Takeover Bid Hits New Roadblock

Shareholder Onepoint Withdraws From Confirmed Restructuring PlanA takeover bid of debt-ridden French IT consultancy Atos hit a roadblock after a key company shareholder withdrew from a financial restructuring plan designed to help the firm recover from its 3.9-billion-euro liability, saying, "Conditions were not ripe to reach an agreement."

Bank Info Security 2 years, 1 month ago

Atos Agrees to New Financial Restructuring Plans

Plan Proposed by Onepoint Includes Converting Atos Debt to EquityFrench IT consultancy Atos agreed to a last-minute financial restricting plan as the debt ridden company finalizes a proposed buyout by the French government. Atos said it will proceed with financial restructuring plans put forward by a consortium of investors and creditors led by Onepoint.

Bank Info Security 2 years, 2 months ago

French Government Bids on Atos' Cyber and Computing Assets

Atos Received a Letter of Intent From French Finance Minister Bruno Le MaireThe French government could acquire a loss-making cybersecurity unit and other critical assets of Paris IT consultancy firm Atos after previous bids by competing firms fell through. Atos employs about 4,000 people and is strategically important to the French government.

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