Forbes: The buzz surrounding artificial intelligence (AI) has reached a fever pitch, with virtually every industry exploring the potential benefits or drawbacks, of using generative AI (GAI) and large language models (LLMs) like ChatGPT or Google Bard to improve their efficiency.
US News: China's ministry of industry and information technology (MIIT) unveiled a plan that aims to improve data security in China's industrial sector and effectively contain "major risks" by the end of 2026.
The Target: Washington National Insurance and Bankers Life, both subsidiaries of the CNO Financial Group
The Take: Personal information including names, social security numbers, dates of birth, and policy numbers.
The Vector: SIM-swapping attacks involve fraudsters tricking customer support staff at a cellphone operator into giving them control of someone else's phone number. This allows the fraudster to receive the victim's phone calls and SMS messages, including two-factor authentication tokens.
This breach is a stark reminder of how strong authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection.
Forbes: Enterprise security teams continually assess shifting security concerns and implement mitigating controls to reduce the organization's risk. However, with the pressing need to respond to threats, many organizations have implemented specific controls to mitigate single risks, creating the potential for dangerous gaps in coverage.
SecurityWeek: At least six major technology companies are planning to sign an agreement this week that would guide how they try to put a stop to the use of artificial intelligence tools to disrupt democratic elections. The upcoming event at the Munich Security Conference in Germany comes as more than 50 countries are due to hold national elections in 2024.
BNN Bloomberg: Prudential Financial Inc. said hackers it believes to be part of a cyber-crime group gained access to some of its information-technology systems and a small percentage of user accounts associated with employees and contractors.
Dark Reading: Here's what's clear about the current cybersecurity state of Ivanti's VPN appliances — they have been widely vulnerable to cyberattack, and threat actors are onto the possibilities. It's up to enterprise cyber teams to decide what comes next.
SecurityWeek: Aircraft parts dealer Willis Lease Finance Corporation (WLFC) has informed the US Securities and Exchange Commission (SEC) that it fell victim to a cyberattack. According to the SEC filing, the incident was flagged on January 31, when unauthorized activity was detected on portions of its systems.
Bleeping Computer: Bank of America is warning customers of a data breach exposing their personal information after Infosys McCamish Systems (IMS), one of its service providers, was hacked last year.
CBC: The number of "high impact" cyber incidents reported by Canada's banks nearly tripled last year, according to the industry's watchdog. The increase comes as a federal bill meant to protect Canada's critical systems — including financial systems — has been sitting idle in parliamentary limbo for months.
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