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MSN: The EU's top cybersecurity official has said there has been a "significant increase" in disruptive cyber attacks, many of which can be traced to Russia-backed groups, in recent months.
MSN: Cybersecurity stocks are selling off as investors prepare for more earnings reports within the industry. Okta Inc. PagerDuty Inc. and Zscaler Inc. are all due to post results, and Rosenblatt analyst Catharine Trebnick weighed in cautiously on the latter.
Yahoo Finance/Reuters: OpenAI has formed a Safety and Security Committee that will be led by board members, including CEO Sam Altman, as it begins training its next artificial intelligence model, the AI startup said.
Dark Reading: The advent of generative AI is surfacing new risks, significantly raising the stakes for businesses around the globe and for marketplace stability.
Cointelegraph: The Bank for International Settlements (BIS) believes in the potential for widespread adoption of generative artificial intelligence (AI), an area in which many central banks have developed a strong interest.
CNBC: A growing wave of deepfake scams has looted millions of dollars from companies worldwide, and cybersecurity experts warn it could get worse as criminals exploit generative AI for fraud.
The Target: Santander, the euro zone's second-biggest bank by market value.
The Take: The bank said in a statement that the data was from customers in Spain, Chile and Uruguay, as well as all current and some former employees. No data on transactions, nor any credentials that would allow to perform transactions were stored in the database, it said.
The Vector: The bank said it recently became aware of unauthorized access to one of its databases hosted by a third-party provider.
This breach highlights the extreme importance of timely software updates for known software vulnerabilities, not only in systems directly under a firm’s control, but in third-party systems the firm relies upon as well. The longer a firm, or its vendors, hold out on deploying the most up-to-date software for their systems, the greater the chance an attacker will exploit the issue.
U.S. Securities & Exchange Commission: The Securities and Exchange Commission announced that The Intercontinental Exchange, Inc. (ICE) agreed to pay a $10 million penalty to settle charges that it caused the failure of nine wholly-owned subsidiaries, including the New York Stock Exchange, to timely inform the SEC of a cyber intrusion as required by Regulation Systems Compliance and Integrity.
Yahoo News: The federal government has unfurled a new cybersecurity strategy aimed at protecting its vast array of computer systems and information banks against a growing variety of threats.
Spiceworks: The US SEC has announced an update to its rules regarding how Wall Street organizations respond to the theft of customer data. The changes apply to data security rules adopted in 2000.
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