Hellman & Friedman has met with several investments banks in recent weeks and will choose one to run the sale process for Paramus, New Jersey-based Checkmarx, in which it hopes to get at least $2.5 billion, Calcalist reported. The private equity firm bought Checkmarx for $1.15 billion in April 2020.
The U.S. federal government is preparing to collect reports from foundational artificial intelligence model developers, including details about their cybersecurity defenses and red-teaming efforts. The Department of Commerce said it wants thoughts on how data should be safety collected and stored.
Darktrace has promoted COO Jill Popelka to CEO, replacing long-time leader Poppy Gustafsson. As the cybersecurity AI vendor prepares to finalize its sale to Thoma Bravo, Popelka will steer Darktrace into its next phase of growth. Gustafsson will join the board as a non-executive director.
The FBI's Internet Crime Complaint Center on Monday issued a report revealing victims filed more than 69,000 public complaints related to cryptocurrency fraud and $5.6 billion in financial losses in 2023, while investment scams made up the bulk of losses throughout the year.
ISMG's Cybersecurity Pulse Report Black Hat 2024 Edition delivers a deep dive into the most critical security challenges discussed at this year's conference. This report, created through advanced AI-driven analysis, compiles expert insights on topics ranging from AI tech to critical infrastructure.
The underground market for illicit large language models is a lucrative one, said academic researchers who called for better safeguards against artificial intelligence misuse. "This laissez-faire approach essentially provides a fertile ground for miscreants to misuse the LLMs."
The global disruption caused by a faulty CrowdStrike software triggering a kernel panic and computer meltdowns has led government agencies, experts and vendors to call for rethinking Windows operating system resiliency, including the deep-level OS access security tools now require.
A three-month-old startup promising safe artificial intelligence raised $1 billion in an all-cash deal in a seed funding round. Co-founded by former OpenAI Chief Scientist Ilya Sutskever, Safe Superintelligence will reportedly use the funds to acquire computing power.
This week, pig-butchering scams and bitcoin ATM scams increased, an update in the FTX case, stolen WazirX funds were laundered, settlements in the SEC-Galois and CFTC-Uniswap cases, Scotland seized crypto in a robbery, North Korea targeted Web3 staff, and the Mt. Gox CEO launched a new crypto firm.
In this episode of "APAC Insights," Sujit Christy, president of ISACA's Colombo chapter, discusses the growing need for organizations to focus on cyber supply chain security, including third-party and fourth-party suppliers, which can create significant vulnerabilities.
The Dutch data regulator is the latest agency to fine artificial intelligence company Clearview AI over its facial data harvesting and other privacy violations of GDPR rules, joining regulatory agencies in France, Italy, Greece and the United Kingdom.
Organizations face a surge in sophisticated DDoS attacks, and advanced techniques are making traditional defenses obsolete. Neal Quinn, head of cloud security services business, North America, at Radware, discusses how automated solutions and real-time threat intelligence can address these issues.
While the criminals may have an advantage in the AI race, banks and other financial services firms are responding with heightened awareness and vigilance, and a growing number of organizations are exploring AI tools to improve fraud detection and response to AI-driven scams.
Companies care deeply about keeping their identities safe. During the past few years, they have invested in identity and access management (IAM) tools at an incredible pace. By 2028, spending on these tools is projected to grow to $34.5 billion.
So why have a staggering 84% experienced an identity-related breach in...
Navigating the cybersecurity maelstrom. CISOs have faced several challenges recently, including adapting to a global pandemic and the shift to widespread remote working amid significant employee turnover. Thanks to hybrid working as standard and the growing reliance on cloud technology, the attack surface has never...
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