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  • AI Experiment in New Zealand Supermarket Goes Awry, Recommends Poisonous Recipes

    A New Zealand supermarket’s experiment with AI to generate creative meal plans has led to unexpected and dangerous outcomes. The app, developed by supermarket chain Pak ‘n’ Save, was designed to help customers use up leftovers during the current cost-of-living crisis. However, it has been recommending unusual and sometimes deadly concoctions. Initially drawing attention on…

    August 12, 2023
    AI, Management, Security Strategy
  • AI Can Crack Your Password by Listening to Keyboard Clicks

    The next time you type your password, you may want to ensure no one is listening. A groundbreaking study shows that Artificial Intelligence (AI) can now identify passwords based on the sound of keyboard clicks. This alarming discovery has opened a new dimension of cybersecurity concerns. While concerns about “shoulder surfing” or over-the-shoulder attacks have…

    August 12, 2023
    AI, Security Strategy, Vulnerabilities
  • AI Advancements Amplify Security Concerns as FBI Warns Tech Companies of Growing Hacker Threats

    In a recent advisory, the Federal Bureau of Investigation (FBI) alerted tech giants and startups about the escalating risks they face from hackers, both criminals and state-sponsored, as they develop and refine artificial intelligence (AI) tools. These cyber adversaries are increasingly motivated to steal intellectual property or the data that fuels robust chatbots. The alert…

    July 28, 2023
    AI, CyberCrime, Management, Security Strategy
  • Apple Tackles New Zero-Day Exploits with Comprehensive Security Enhancements

    In a proactive move to bolster device security, Apple has released comprehensive security updates across its suite of products—iOS, iPadOS, macOS, tvOS, watchOS, and Safari. This comes in response to several identified security breaches, one of which is an active zero-day exploit. “There have been accounts of potential active exploitations targeting versions earlier than iOS…

    July 25, 2023
    Security Strategy, Vulnerabilities
  • Thales Dives Deeper into Cybersecurity with a $3.6 Billion Imperva Acquisition

    French defense and technology giant Thales has announced its intent to acquire the U.S.-based cybersecurity company Imperva in a deal worth $3.6 billion. This acquisition highlights Thales’ drive to diversify and expand beyond its conventional defense business and delve deeper into the world of cybersecurity, particularly in the U.S. market. Imperva, with its substantial footprint…

    July 25, 2023
    Management, Security Strategy
  • Adobe Logo

    Adobe Releases Patches for Critical ColdFusion Vulnerabilities

    In light of recently disclosed vulnerabilities, Adobe has issued a second series of patches for its ColdFusion platform, which includes flaws believed to have been exploited in cyber-attacks. On July 11, Adobe addressed CVE-2023-29298, an access control problem that could bypass security features. Three days later, the company rolled out fixes for CVE-2023-38203, a deserialization…

    July 20, 2023
    Security Strategy, Vulnerabilities
  • UK Security Analyst Sentenced to 43 months in Prison in Failed Crypto Blackmail Attempt

    British security analyst, 27-year-old Ashley Liles, who attempted to swindle his workplace, Oxford Biomedica, for £300,000 (equivalent to $390,000) has been penalized with a prison sentence of almost four years. Liles pleaded guilty in May to charges of unauthorized modification of computer material and blackmail, relating to an attack on the Hertfordshire-based gene therapy company…

    July 17, 2023
    CyberCrime, Security Strategy
  • Cybersecurity

    Generative AI Being Weaponized to Automate Sophisticated Cyber Attacks

    The rapid advancement of generative artificial intelligence (AI) is not just transforming legitimate sectors; it’s also opening new, hazardous pathways for cybercriminals. As reported by SlashNext, a blackhat generative AI tool known as WormGPT has surfaced in underground forums, facilitating sophisticated phishing and business email compromise (BEC) attacks. Cybersecurity researcher Daniel Kelley detailed how this…

    July 15, 2023
    AI, CyberCrime, Security Strategy
  • Windows Updates

    Microsoft July Patch Tuesday: 132 Flaws Addressed Including Six Active Exploits And Thirty-Seven Remote Code Execution Vulnerabilities

    Today’s Microsoft Patch Tuesday brings significant fixes in the digital landscape, as the tech giant rolled out security updates for a total of 132 vulnerabilities. Among these flaws are six actively exploited vulnerabilities and thirty-seven remote code execution (RCE) bugs. Out of the 37 RCE bugs identified, only nine were deemed ‘Critical’ by Microsoft. Alarming…

    July 12, 2023
    Security Strategy, Vulnerabilities
  • Bitcoin Cybersecurity

    Cryptocurrency Crime Report: General Decrease In Illicit Activity With Alarming Growth In Ransomware

    The first half of 2023 has brought a sense of relief to the cryptocurrency sector following a tumultuous 2022. Digital currencies such as Bitcoin have seen a value resurgence, with an 80% increase in price as of June 30th. Further bolstering industry optimism, significant reductions in cryptocurrency-related crimes have been reported. As highlighted in the…

    July 12, 2023
    CyberCrime, Security Strategy
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