DIRS.INFO The most relevant business & tech news

☆ Underwater superyachts? A CEO is pitching fantastical ships that can go 800ft down and stay submerged for weeks.
▼ + stars: | 2024-05-01 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +5 min

It says the M5 will be able to travel 820 feet underwater and stay submerged for a month. A promotional concept rendering for the Migaloo M5, a proposed submersible superyacht. The Migaloo concept clearly aims to cater to an increasing desire for privacy and security among the world's richest people. Bobbing about underwater in a Migaloo M5, Elon Musk wouldn't have to worry about a jet-tracking student any longer. A promotional concept rendering for the Migaloo M5, a proposed submersible superyacht MigalooIt remains to be seen if and when any prospective buyers will bite.

Persons: Christian Gumpold, —, there's, Gumpold, Migaloo, Bond, It's, Elon Musk, it's Organizations: Service, Elon, SAFE, Fast Company Locations: Austria, Austrian

☆ Julian Assange’s mission was to change the world - but at what cost?
▼ + stars: | 2024-04-27 | by ( Lauren Said-Moorhouse | Claudia Rebaza | ) edition.cnn.com time to read: +14 min

Julian Assange leaves a Melbourne court after facing charges of computer hacking in 1995. WikiLeaks/ReutersUnder a global spotlightAs WikiLeaks continued its disclosures, Assange found himself the latest cause célèbre – his every movement intensely scrutinized. … He liked the fuss that (the disclosures) caused but he was oddly incurious actually about the documents.”Others offer alternative explanations for Assange’s eccentricities. There were mounting calls for Assange to leave WikiLeaks and, when he didn’t, many cut ties with it. Outside the confines of his diplomatic shelter, the world questioned whether Assange was trying to circumvent justice.

Persons: London CNN — Julian Assange, ”, He’s, Chelsea Manning, Joe Biden, Assange’s, Anthony Albanese, Assange, “, ” –, Julian Assange, Ian Kenins, Sarah Palin’s, Atika Shubert, Shubert, ” Shubert, célèbre, Fidel Narvaez, “ Assange, ” Narvaez, James Ball, Joe Raedle, ” Ball, Ball, …, Narvaez, Hans Crescent, Lenin Moreno, Moreno, Abu Hamza al, Masri, Stella Assange, Daniel Leal, Stella, “ I’m, Nick Vamos, It’s, Alice Jill Edwards, Agnès Callamard, El País, Der Spiegel, Jameel Jaffer, Xiaofei Xu, Alex Stambaugh Organizations: London CNN, WikiLeaks, Court, Ecuadorian, Army, Australian, Pentagon, NASA, University of Melbourne, Fairfax Media, of Scientology, Republican, CNN, Chelsea, Apache, Reuters, Guardian, Ellingham, Hans, London’s Metropolitan Police, US Justice Department, of Justice, Britain's, Getty, Peters & Peters, Prosecution Service, Human Rights, UN, Amnesty, The New York Times, Columbia University Locations: United States, Australian, London’s, Australia, Townsville, Queensland, cybercrime, Melbourne, Guantanamo Bay, Cuba, Iraq, London, Afghanistan, ”, Sweden, Ecuador, UK’s, Belmarsh

☆ Sketches from US animation studios found on North Korean computer server
▼ + stars: | 2024-04-22 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +11 min

The revelation comes from a trove of documents recently discovered by US researchers inside a computer server housed in North Korea. Logs from the North Korean computer server showed multiple visits from internet connections in northeast China, the US cybersecurity firm Mandiant told CNN. North Korean leader Kim Jong Un inspects an artillery firing drill of the Korean People's Army on March 7, 2024. Barnhart, the Mandiant researcher, said any company that hires a North Korean IT worker runs the risk of being targeted by North Korean hackers because of the close relationship between the two. Heinz Insu Fenkl, an expert in North Korean comics, said that animation and comics have been prominent in North Korean society since the country’s founding in 1948.

Persons: “, Nick Roy, Roy, Mandiant, Michael Barnhart, ”, Max ., Hannah Cosgrove, ” Cosgrove, Max, Lion Forge, Martyn Williams, Williams, ” Williams, Kim Jong Un, KCNA, Barnhart, ” Barnhart, CNN wouldn’t, Heinz Insu Fenkl, ” Fenkl, CNN’s Alex Marquardt, Mike Conte Organizations: CNN, North, US, Amazon Prime, Max, Warner Bros ., Korean, Stimson, FBI, Treasury, North Korean, Entertainment, Amazon, ”, Skybound, YouNeek Studios, Forge Entertainment, Lion Forge Entertainment, South Korean, South, US Treasury Department, Treasury Department, Korean People's Army, State, United Nations, North Korean Embassy Locations: North Korea, Korean, Boston, Washington, State, North Korean, China, CNN , California, Maryland, South Korea, Koreans, Pyongyang, Korea, California, New York, London, cybercrime

☆ LabHost: Police take down $249-a-month global phishing service used by 2,000 hackers
▼ + stars: | 2024-04-18 | by ( Mark Thompson | ) edition.cnn.com time to read: +2 min

Thirty-seven suspects were arrested, and more than 70 locations were searched in the UK and across the world between Sunday and Wednesday, the Metropolitan Police said in a statement. LabHost had obtained 480,000 bank card numbers, 64,000 pin numbers, as well as more than 1 million passwords used for websites and other online services, it said. In a separate statement, Europol said four people linked to the running of LabHost, including the developer of the service, had been arrested. At least 40,000 phishing domains, with about 10,000 users worldwide, had been uncovered by the investigation into LabHost, Europol said. “With a monthly fee averaging $249, LabHost would offer a range of illicit services which were customizable and could be deployed with a few clicks,” it said.

Persons: LabHost, Met, Europol Organizations: London CNN —, Metropolitan Police, European, Europol, US Secret Service, Federal Bureau of Locations: United Kingdom, Australia, Finland, LabHost

☆ How to identify an AI imposter in video, audio and text as deepfake technology goes mainstream
▼ + stars: | 2024-04-10 | by ( Kevin Williams | ) www.cnbc.com time to read: +9 min

Generative AI video and audio tools are getting deployed, and getting better, quickly. Even as OpenAI limits access to audio and video tools, dark websites have exploded in number in the past few months selling GPT knockoff products. How to identify an AI video imposterThere are many ways to spot an AI imposter, some relatively simple. If the person complies but their head disappears on the video screen, end the call immediately, Hollenbeck said. How to live a multi-factor authentication life offlineEven with more protections techniques, experts predict a spiraling arms race of deepfakes vs. deepfake tools.

Persons: OpenAI, Sora, Froggett, Carl Froggett, —, Rupal Hollenbeck, Hollenbeck, Chris Pierson, Pierson, Nirupam Roy, it's, Roy, Eyal Benishti, Benishti, It's Organizations: Industry, University of Maryland Locations: Hong Kong

☆ A Nigerian woman reviewed some tomato puree online. Now she faces jail
▼ + stars: | 2024-03-27 | by ( Nimi Princewill | ) edition.cnn.com time to read: +7 min

Abuja, Nigeria CNN —A Nigerian woman who wrote an online review of a can of tomato puree is facing imprisonment after its manufacturer accused her of making a “malicious allegation” that damaged its business. Her post, accompanied by a photo of an opened can of Nagiko Tomato Mix, produced by local company Erisco Foods Limited, sparked varied reactions from commenters, one of whom replied: “Stop spoiling my brother’s product. This case is due to be heard on May 20, her lawyer, Inibehe Effiong, told CNN. National police spokesman Olumuyiwa Adejobi told CNN he could not comment on the case as the matter was in court. Hard to proveNigerian legal and public affairs analyst Kelechukwu Uzoka told CNN that there are limits to the freedom of speech defense.

Persons: Nigeria CNN —, Chioma, ” Okoli, Okoli, Erisco, ”, “, Inibehe Effiong, Nwokolo, who’s, Effiong, couldn’t, Olumuyiwa Adejobi, ” Adejobi, David, ” Effiong, Kelechukwu Uzoka, Eric Umeofia Organizations: Nigeria CNN, CNN, Facebook, Erisco Foods, Nigeria Police Force, Okoli, National, “, Amnesty Locations: Abuja, Nigeria, Lagos, West African, ”, ” The Lagos, Erisco’s Lagos

☆ Why UnitedHealth, Change Healthcare were targeted by ransomware hackers, and more cybercrime will hit patients, doctors
▼ + stars: | 2024-03-15 | by ( Susan Caminiti | ) www.cnbc.com time to read: +2 min

The ransomware attack on UnitedHealth's Change Healthcare subsidiary last month not only brought to light how attractive the data-rich U.S. health-care industry is to hackers and how devastating the consequences for patients and doctors, but also how sophisticated cyber criminals are becoming when targeting vulnerable sectors. Change Healthcare is the largest clearinghouse for insurance billing and payments in the U.S. Since the February 21 attack, the thousands of doctors, hospitals and other health providers that depend on Change Healthcare for billing reimbursements have not been paid as the company works to bring its systems back online. UnitedHealth told CNBC in a statement that it will cooperate with the investigation from the OCR. "Our immediate focus is to restore our systems, protect data and support those whose data may have been impacted," the company said.

Persons: UnitedHealth, Sumedh Thakar, Qualys, it's Organizations: Change Healthcare, U.S . Department of Health, Human Services, HHS, Civil Rights, CNBC Locations: U.S

☆ Opinion: Trump’s praise of dictators tells us all we need to know
▼ + stars: | 2024-03-14 | by ( Opinion Ruth Ben-Ghiat | ) edition.cnn.com time to read: +6 min

CNN —Vladimir Putin, Recep Tayyip Erdogan, Viktor Orban, Adolf Hitler, Xi Jinping, Kim Jong-un, Saddam Hussein: What do they have in common? Some of it is no doubt Trump airing his fantasies of the kind of authority he could exert as president. He praises Hitler, Chinese leader Xi, Russian President Putin and others because of their absolute power, not in spite of it. Thus Xi, in Trump’s telling, is “strong like granite. But Americans are the most important audience for the stream of praise he directs to autocrats.

Persons: Ruth Ben, Ghiat, Strongmen, Mussolini, CNN — Vladimir Putin, Recep Tayyip Erdogan, Viktor Orban, Adolf Hitler, Xi Jinping, Kim Jong, Saddam Hussein, —, — Donald Trump, “, Jim Sciutto, Trump, Hitler, Xi, Putin, ”, ” Trump, Hussein, Erdogan, Kim, autocrats Organizations: New York University, CNN, GOP, Trump, Turkish, White Locations: Russian, Trump’s, Ukraine, Russia, Hollywood, Iowa, Turkey, cybercrime, Germany

☆ The cybercrime underworld has removed all the guardrails on the AI frontier, but the good guys are catching them there
▼ + stars: | 2024-03-11 | by ( Rachel Curry | ) www.cnbc.com time to read: +6 min

More than half (55%) of all brand impersonation instances consisted of organizations' own brands in 2023, according to the Perception Point report. Tal Zamir, chief technology officer at Perception Point, discussed how criminals can now create polymorphic malware (or malware with many variations) at scale using AI and automation. Plus, they can defend against a wider swath of problems by feeding data into their existing models or generating new data sets using AI. Still, Grobman compares AI detection to weather forecasting, saying "When you're working in the world of AI, things are a lot less deterministic." Just as legitimate businesses are looking to AI to be more productive and more effective, so too are cybercriminals.

Persons: Taylor Swift, Steve Grobman, Tal Zamir, Zamir, Grobman, Kiri Addison, Addison, McAfee, recalibrated Organizations: Hong, McAfee, Google Locations: Hong Kong, deepfakes

☆ CrowdStrike CEO says cybercriminals are leveling up: 'It’s going to be the battle of AI in the future'
▼ + stars: | 2024-03-06 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

He said generative AI is democratizing "very esoteric techniques and attacks," for adversaries who don't have the same sophistication or skill level. "What we talked about in the earnings call is the ability to create more adversaries with lower skill levels, but operating at a much higher skill level, leveraging generative AI," Kurtz said, "Of course, on the security side, we leverage generative AI to help protect our customers, so it's going to be the battle of AI in the future." CrowdStrike aims to create a single, more simple platform that can stop breaches and "add capabilities seamlessly," he said. He mentioned a seven-figure deal CrowdStrike made during its more recent quarter with a mega cruise line. "People may try to buy something, they may think it's cheaper, it's not: free is not free," he said.

Persons: George Kurtz, CNBC's Jim Cramer, Kurtz, cybercrime, CrowdStrike

☆ 'Cyber-physical attacks' fueled by AI are a growing threat, experts say
▼ + stars: | 2024-03-03 | by ( Kevin Williams | ) www.cnbc.com time to read: +5 min

He said with the widespread arrival of generative AI, concerns about physical attacks being the next phase of cybercrime have grown. He added that the technology, now boosted by AI, exists to wreak havoc on physical systems. Attacks on physical infrastructure would be tantamount to war, and so far, that is something nation-states have avoided. Experts, though, vary on the threat level from cyber-physical attacks and how much AI is raising it. But while she views the threat of AI-assisted cyber-physical attacks as growing, she said AI also assists the good guys.

Persons: Stuart Madnick, Christopher Wray, —, Madnick, don't, Tim Chase, CISO, Chase, Sivan Tehila, Tehila, Michael Kenney, Matthew B Organizations: Cybersecurity, MIT Sloan, FBI, Congress, Katz School of Science and Health, Yeshiva University, Israel Defense Forces, . University of Pittsburgh, Ridgway Center for International Security Locations: United States

☆ Ransomware group Blackcat is behind cyberattack on UnitedHealth division, company says
▼ + stars: | 2024-02-29 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +4 min

Traders work at the post where UnitedHealth Group is traded on the floor of the New York Stock Exchange. The company said it's working with Mandiant, which is owned by Google , and cybersecurity software vendor Palo Alto Networks . In a since-deleted post on the dark web, Blackcat said Wednesday that it was behind the attack on Change Healthcare's systems. Change's parent company UnitedHealth Group said it discovered that a cyber threat actor breached part of the unit's information technology network on Feb. 21, according to a filing with the SEC. Brett Callow, a threat analyst at the cybersecurity company Emsisoft, said ransomware groups will often make posts like these in an effort to bring victims to the negotiating table.

Persons: that's, Blackcat, Brett Callow, Emsisoft, Callow, they're, UnitedHealth, John Riggi, Riggi Organizations: New York Stock Exchange, Healthcare, CNBC, Google, Palo Alto Networks, UnitedHealth, SEC, U.S . Department of Justice, Change Healthcare, American Hospital Association Locations: U.S

☆ Hackers threaten to release Trump documents from Georgia case if they don't get a ransom by Thursday
▼ + stars: | 2024-02-28 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

LockBit works with affiliates to hack companies and government agenciesLockBit 3.0's targets go far beyond just the Fulton County government. As of Wednesday, it had ongoing ransom demands for 11 different companies on its website in addition to the one for Fulton County. AdvertisementA Fulton County court administration spokesperson declined to comment. AdvertisementAt a press conference on February 20, Fulton County Commission Chair Robb Pitts said no ransom was paid. AdvertisementThe renewed ransom threat comes as Willis's investigation is beleaguered by a series of heated hearings playing out in a Fulton County courtroom.

Persons: —, Donald Trump —, Donald Trump's, Christopher Krebs, Dan Schiappa, LockBitSupp —, Biden, Donald Trump, Trump, Joe Raedle, Oz, Krebs, Alashe, LockBit, Fulton, Fani Willis, It's, George Chidi, Pool, Schiappa, Robb Pitts, Pitts, Willis Organizations: Service, Fulton, Business, FBI, United, Crime Agency, US Department of Justice, government's, Trump, Justice Department, Boeing, Commercial Bank of China, U.S, Trump Force, Atlanta Hartsfield, Jackson International Airport, Biden, Trump —, Trump . Fulton, Arctic Wolf, Atlanta Journal Locations: Georgia, Fulton, Mexico, Fulton County, Atlanta , Georgia, Russian, Trump . Fulton County, Atlanta, Krebs

☆ Outages from cyberattack at UnitedHealth's Change Healthcare extend to seventh day as pharmacies deploy workarounds
▼ + stars: | 2024-02-27 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +7 min

Change Healthcare's systems are down for the seventh day after a cyber threat actor gained access to its network last week. Change Healthcare offers tools for payment and revenue cycle management, and its system outages have disrupted operations in pharmacies and health systems across the country. Change Healthcare merged with Optum in 2022. Rising number of health-care cyberattacksThe attack on Change Healthcare comes after 2023 set a grim record for health-related cybercrime. Impact of Change Healthcare's breachUnitedHealth has not specifically disclosed exactly which Change Healthcare systems have been affected, but the fallout from the cyberattack has caused a ripple of problems across the U.S. health-care system.

Persons: UnitedHealth, John Riggi, Riggi, Cliff Steinhauer, Steinhauer, Cary Brazeman, Brazeman, hadn't Organizations: New York Stock Exchange, UnitedHealth Group, U.S . Securities, Exchange, Change Healthcare, Change, Optum, Healthcare, Palo Alto Networks, Google, CNBC, American Hospital Association, National Cybersecurity Alliance, CVS Health, Walgreens Locations: U.S, Palm Springs

☆ Fulton County faces ransomware attack by ‘financially motivated actors,’ but county elections still on track
▼ + stars: | 2024-02-14 | by ( Sean Lyngaas | Alta Spells | ) edition.cnn.com time to read: +4 min

CNN —Officials in Georgia’s Fulton County, which includes parts of Atlanta, said Wednesday that “financially motivated” hackers appeared to be behind a ransomware attack that has disrupted key county services for weeks. The leak will only up the stakes for Fulton County to get a handle on a cyberattack that has hobbled services for weeks. The group that claimed Fulton County as a victim is a prolific group known as LockBit. It’s unclear if there has been any communication between Fulton County and the hackers. Fulton County’s ransomware attack comes amid a years-long effort by the US government to limit the damage of ransomware attacks on local governments, hospitals and other critical infrastructure.

Persons: “, Robb Pitts, Pitts, Fani Willis, Donald Trump, ” Pitts, LockBit, Fulton County’s, Cybercriminals, ” Alexander Leslie Organizations: CNN, Fulton, LockBit, Commercial Bank of China Locations: Georgia’s Fulton County, Atlanta, Fulton County, ” Fulton County, Fulton, Fulton County , Georgia

☆ FBI: 'Financial sextortion' of teens is a 'rapidly escalating threat.' How parents can protect their kids
▼ + stars: | 2024-02-01 | by ( Greg Iacurci | ) www.cnbc.com time to read: +6 min

Cavan Images | Cavan | Getty Images"Financial sextortion," a type of cybercrime that targets teens and tweens, is on the rise. "Sextortion is a rapidly escalating threat," FBI Director Christopher Wray told the Senate Judiciary Committee in December. Financial sextortion is the fastest-growing crime targeting children in North America and Australia, according to the Network Contagion Research Institute. Wealthy parents are more likely to be lenient about social media use. How to protect your kids from sextortion

Persons: Christopher Wray, Sen, Dick Durbin, Criminals, Tracy Kitten, Kitten, didn't, Oladosu, sextortion Organizations: Getty, FBI, Finance, Network, Research, Yahoo Boys, Meta, Strategy, U.S, YouTube Locations: Cavan, North America, Australia, African, U.S, Nigerian, bitcoin, sextortion

☆ Fulton County government outage: Cyberattack brings down phones, court site and tax systems
▼ + stars: | 2024-01-30 | by ( Alta Spells | Sean Lyngaas | ) edition.cnn.com time to read: +3 min

CNN —An ongoing cyberattack against Georgia’s Fulton County, which includes parts of Atlanta, has brought some of the government’s systems to a standstill, halting access to court filings, tax processing and other services. The office of the county’s District Attorney Fani Willis lost access to its phones, internet and the court system website, according to a source with direct knowledge of the matter. The communication, court and tax systems have all been brought down, said Fulton County Board of Commissioners Chairman Robb Pitts in a news briefing Monday. A source with first-hand knowledge in Fulton County told CNN the internet and Odyssey court access are down as well. “We at Fulton County take cybersecurity seriously and we place a high priority on the protection of sensitive information,” Pitts said.

Persons: Fani Willis, Willis, Donald Trump, Robb Pitts, Pitts, ” Pitts, “, ” Organizations: CNN, Georgia’s, county’s Department of Information Technology, FBI, Fulton, IT, The Atlanta, Baltimore Sun, Baltimore Locations: Georgia’s Fulton County, Atlanta, county’s, Fulton County, Baltimore, New Mexico’s, Albuquerque, US

☆ What is catfishing and what can you do if you are catfished?
▼ + stars: | 2024-01-29 | by ( Sen Nguyen | ) edition.cnn.com time to read: +16 min

In the US, romance scams resulting from catfishing have among the highest reported financial losses of internet crimes as a whole. A 2019 study found that young LGBTQ+ men in rural America experiencing catfishing on dating apps felt angry and fearful. She also emphasized the need to recognize today’s loneliness epidemic, which “leads people to perhaps be more susceptible to catfishing scams,” she said. Catfishing is not explicitly a crime, but the actions that often accompany catfishing, such as extortion for money, gifts or sexual images are crimes in many places. In the US, romance scams resulting from catfishing have among the highest reported financial losses of internet crimes as a whole.

Persons: CNN —, Nev Schulman, “ Megan ”, Schulman, Evita, scammers, Catfishing, Snapchat, ”, Ngo Minh Hieu, Chong, Hieu, Wang, “, It’s, Fangzhou Wang, ” Wang, Maryna, WeChat Organizations: CNN, Cybersmile Foundation, Federation University, Fraud Intelligence, INTERPOL, Research, US Federal Trade Commission, SMS, University of Texas, Arlington, Getty, Facebook, UNICEF Locations: Alaska, Australia, Singapore, Southeast Asia, France, Germany, India, cryptocurrency, Vietnamese, America, catfishing, China, Cybersecurity, Australian

☆ Sextortion is fastest-growing crime targeting minors in North America – and social media companies can do more to stop it, study finds
▼ + stars: | 2024-01-27 | by ( Lora Kolodny | ) www.cnbc.com time to read: +11 min

NCRI, a nonprofit, found cybercriminals used the social apps Instagram, Snapchat and Wizz to find and connect with their marks. And social media platforms should include a distinct category to report sextortion — as Snapchat did in early 2023. Parents and educators should "combat the belief that photos sent on Snapchat disappear, which can create a false sense of security," the NCRI study recommends. The NCRI study also strongly criticized Wizz, concluding: "Sextortion on Wizz is pervasive and dangerous. Apple's App Store and Google Play can also help, the NCRI study suggested, by carefully monitoring complaints about sextortion associated with social media apps, and enforcing their existing policies.

Persons: cybercriminals, Wizz, Paul Raffile, Alex Goldenberg, TikTok, Scribd, sextortion, Snapchat, Goldenberg, screenshotted, General Raúl Torrez, Mark Zuckerberg, Meta, — Kevin Collier, Ben Goggin Organizations: Yahoo, Network, Research, FBI, Yahoo Boys, NBC News, CNBC, NBC, Secret Service, Facebook, YouTube, Meta, gov, National Center for Locations: North America, Australia, West Africa, Michigan, Wizz, New Mexico, U.S

☆ Australia Imposes Sanctions on Russian Hacker Over Medibank Breach
▼ + stars: | 2024-01-22 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

By Renju JoseSYDNEY (Reuters) - Australia on Tuesday imposed cyber sanctions on a Russian man for his role in the breach at insurer Medibank, one of the country's biggest data thefts which impacted about 10 million customers. Targeted financial sanctions and a travel ban have been imposed on Russian citizen Aleksandr Ermakov after Australian authorities linked him to the breach at Medibank, Home Affairs Minister Clare O'Neil said during a press briefing. This is the first time Australia has used its cyber sanctions framework since legislating it in 2021. Medibank in 2022 disclosed that a hacker stole the personal information of 9.7 million current and former customers, and released the data on the dark web. Hackers in November hit DP World Australia, one of the country's largest ports operators, forcing it to suspend operations for three days.

Persons: Renju Jose SYDNEY, Aleksandr Ermakov, Clare O'Neil, they're scumbags, we'll, O'Neil, Renju Jose, Jonathan Oatis, Stephen Coates Organizations: Medibank, cybercrime, Home Affairs Locations: Australia, Victoria, Sydney

☆ JPMorgan says attempts by hackers are on the rise and it's spending $15 billion partly to defend against cybercrime
▼ + stars: | 2024-01-17 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewHackers are getting smarter and increasingly keen on infiltrating JPMorgan, according to Mary Callahan Erdoes, the bank's asset and wealth management chief. This story is available exclusively to Business Insider subscribers. A 2023 KPMG survey of bank executives found that more than two-thirds of respondents considered cybercrime a top concern moving forward. Net interest income, or the ratio of what banks earn on loans and pay back on deposits, helped fuel those lofty numbers thanks to a surge in interest rates and higher revolving credit card balances, the company said.

Persons: —, Mary Callahan Erdoes, Erdoes Organizations: Service, JPMorgan, Business, Economic, Bloomberg, KPMG Locations: Davos

☆ CrowdStrike CEO on 'dark AI': You're going to see more cybercrime happening quicker than ever before
▼ + stars: | 2024-01-11 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCrowdStrike CEO on 'dark AI': You're going to see more cybercrime happening quicker than ever beforeGeorge Kurtz, CrowdStrike CEO, joins 'Closing Bell Overtime' to talk global cyber security threats, AI's role in the cybersecurity landscape and more.

Persons: George Kurtz

☆ A sexual assault in the metaverse has investigators questioning the future of virtual crime prosecution
▼ + stars: | 2024-01-08 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +11 min

These touch-sensitive full-body suits vibrate in response to virtual stimuli, reacting when users' characters bump into a wall or receive a punch, for example. "They cannot tout the realism of these virtual worlds and then deny or downplay that ugly things that happen in them have some of the unfortunate downstream effects of real behavior. On Instagram, in response to a New York Post article about the incident, users joked the assailants who harassed the girl online should be sent to "virtual jail." Sexual harassment on 'Horizon Worlds'Claims like the British girl's are not unheard of, with multiple accounts of virtual sexual harassment stemming from Meta's "Horizon Worlds" VR game — though it remains unclear if the incident took place inside Meta's game or another VR world. "This is a critical area that demands immediate attention to ensure the Metaverse is a safe and positive space for young users."

Persons: Donna Jones, Katherine Cross, they're, James, Nina Jane Patel, Patel, Graeme Biggar Organizations: Service, Daily, Business, Daily Mail, Association of Police, Crime, BBC, University of Washington, New York, LBC, Meta, BI, Crime Agency Locations: cybercrime

☆ Wordline shares surge on report Credit Agricole could take stake
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +2 min

The logo of payments company Worldline is seen at the company headquarters in the financial and business district of La Defense, near Paris, France, October 26, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsPARIS, Dec 1 (Reuters) - Shares in Worldline (WLN.PA) surged almost 12% on Friday after a media report said Credit Agricole (CAGR.PA) was considering acquiring a stake in the French payment processing company. Other French financial institutions could also look at playing a role in Worldline's future, Bloomberg added, citing some of the people. Italian payments company Nexi (NEXII.MI) last month confirmed its guidance while the Netherlands' Adyen (ADYEN.AS) reassured the market with its "more realistic" medium-term guidance. Worldline shares have fallen more than 58% this year.

Persons: Gonzalo Fuentes, Piotr Lipinski, Sharon Singleton, Kirsten Donovan Organizations: La Defense, REUTERS, Rights, Bloomberg, Credit, Thomson Locations: La, Paris, France, Worldline, Germany, cybercrime, Netherlands

☆ Malaysia Brings Home 121 Suspected Victims of Job Scams Trapped in Myanmar Conflict
▼ + stars: | 2023-11-30 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +1 min

KUALA LUMPUR (Reuters) - A total of 121 people, mostly Malaysians suspected of being victims of job scams, were evacuated from Myanmar on Friday after being stranded by fighting between the military and rebel groups in the country's north, Malaysia's foreign ministry said. The mission came amid continuous fighting in northern Myanmar after an alliance of armed ethnic groups launched an offensive in late October. The groups have seized control of several towns and military outposts near the country's border with China, disrupting trade. Malaysia's deputy foreign minister Mohamad Alamin said the rescued group were among 128 people stranded in Laukkaing, a town in Myanmar's northern Shan state, state news agency Bernama reported on Friday. Hundreds of Malaysians have been rescued from cybercrime and job scam networks across Southeast Asia in recent years.

Persons: Mohamad Alamin, Bernama, Malaysia's, Mohamad, Rozanna Latiff, Gerry Doyle Organizations: Reuters Locations: KUALA LUMPUR, Myanmar, Indonesian, Kuala Lumpur, Kunming, China, Laukkaing, Shan, Southeast Asia

Search resuls for: "cybercrime"

25 mentions found