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Bank Info Security 4 months ago

OpenClaw Exposes Hidden Risks in Agentic AI

Attorney Jonathan Armstrong on Governance, Due Diligence and Shadow AI RiskThe OpenClaw incident highlights how experimental agentic AI tools can create hidden security and compliance risks. Attorney Jonathan Armstrong explains why CISOs must address shadow AI, strengthen oversight of developer experimentation and rethink how they assess AI vendor risk.

Bank Info Security 1 year, 1 month ago

$5.48M Lawsuit Settlement Reached in Software Vendor Hack

Several Affected HealthEC Healthcare Clients Are Chipping in to Fund SettlementA provider of artificial intelligence-enabled hospital cost-cutting software and several of its healthcare clients agreed to $5.48 million to settle proposed class action litigation involving a 2023 hacking incident affecting 4.6 million individuals.

The United States Treasury Department said it suffered a "major cybersecurity incident" that allowed suspected Chinese threat actors to remotely access some computers and unclassified documents.  "On December 8, 2024, Treasury was notified by a third-party software service provider, BeyondTrust, that a threat actor had gained access to a key used by the vendor to secure a cloud-based

Bank Info Security 2 years, 3 months ago

Armis Buys Cyber Remediation Startup Silk Security for $150M

Combination of Armis and Silk Will Create Leader in Asset Management, RemediationSan Francisco-based asset intelligence vendor Armis plans to embed AI and automation into the incident prioritization and remediation process through the $150 million acquisition of early-stage startup Silk Security to minimize manual intervention and maximize efficiency.

Bank Info Security 2 years, 6 months ago

Population Health Management Firm's Breach Affects Millions

HealthEC Hack Also Compromised More Than a Dozen US Healthcare SystemsA hacking incident at a New Jersey-based vendor of artificial intelligence-enabled population health management services that involved a network server has affected more than a dozen of its healthcare clients across the country and nearly 4.5 million of their patients.