News
Compliance News & Updates
Companies Face “AI Roulette” with Tech Investments
Excerpt from Techradar Article, Published on May 16, 2024 New research reveals that companies are navigating "AI roulette" with their tech investments, as only 53% of projects yield measurable benefits. According to a report by Ardoq, the approach of many businesses...
Big Tech Giants Shift Strategy in AI Race, Threatening Market Dynamics
Excerpt from Time Article, Published on May 13, 2024 In a significant shift, big tech behemoths like Amazon and Microsoft are venturing deeper into the artificial intelligence (AI) race, challenging the dominance of smaller AI labs they once invested in. While Google...
Data Privacy & Security
Cybercriminals Exploiting Microsoft Quick Assist for Ransomware Attacks
Excerpt from TheHackerNews Article, Published on May 16, 2024 Microsoft's Threat Intelligence team has reported that a cybercriminal group named Storm-1811 is exploiting the Quick Assist tool to execute ransomware attacks. The group, known for deploying Black Basta...
Helsinki Faces Data Breach as Hackers Exploit Unpatched Vulnerability
Excerpt from BleepingComputer Article, Published on May 13, 2024 Helsinki, Finland The City of Helsinki is grappling with a significant data breach within its education division, discovered in late April 2024, affecting tens of thousands of students, guardians, and...
JPMorgan Chase Discovers Data Breach Exposing Personal Info of Nearly Half a Million Customers
Excerpt from DailyHodl Article, Published on May 10, 2024 JPMorgan Chase, one of the leading banking institutions, has disclosed a significant data breach affecting approximately 451,809 customers, where personal information was compromised. According to recent...
Dell Acknowledges Data Breach: Customer Information Compromised
Excerpt from News18 Article, Published on May 10, 2024 Dell Technologies has confirmed a data breach, acknowledging that certain customers' names and physical addresses were exposed in the incident. The revelation came via an email sent to customers, which quickly...
LockBit Ransomware Mastermind Unveiled: Russian Hacker Dmitry Khoroshev Identified
Excerpt from The Hacker News Article, Published on May 07, 2024 The U.K. National Crime Agency (NCA) has identified Dmitry Yuryevich Khoroshev, a 31-year-old Russian national, as the mastermind behind the infamous LockBit ransomware operation. Khoroshev, also known by...
Monash Health Affected by ZircoDATA Ransomware Breach: Sensitive Data Exposed
Excerpt from Cyberdaily Article, Published on May 06, 2024 In a recent development, Monash Health, a prominent public healthcare provider, has become embroiled in a data breach following a cyberattack on record management firm ZircoDATA by the Black Basta ransomware...
