AT&T has split its cybersecurity services business to form a new company called LevelBlue. It includes AT&T’s managed security services business, cybersecurity consulting business, and assets from the acquisition of AlienVault in 2018.
Germany has recalled its ambassador to Russia in response to alleged Moscow-backed cyberattacks targeting various sectors in Germany, including defense, aerospace, and IT companies, as well as the German Social Democratic Party.
A report by Ping Identity highlighted the pressing need for enhanced identity protection strategies, as 97% of organizations struggle with identity verification, and 48% lack confidence in defending against AI-related attacks.
The White House is engaging with the tech industry to establish a legal framework for software liability as part of a broader cybersecurity strategy, aiming to incentivize software developers to create products without exploitable security flaws.
According to Verizon’s latest Data Breach Investigations Report (DBIR), supply chain breaches increased by 68% year-over-year, primarily due to software vulnerabilities exploited in ransomware and extortion attacks.
The U.S. Department of Justice stated that BTC-e was a primary method for cybercriminals to transfer and launder illegal proceeds. Vinnik’s actions led to a loss of at least $121 million through BTC-e.
After the transaction, the business will operate independently as an application security testing software provider, with the current management team expected to lead the new entity.
The new strategy of the U.S. government aims to defend against cyberattacks on critical infrastructure, prevent surveillance misuses, and promote digital solidarity among global partners.
The Yahoo Boys, a group of scammers primarily based in West Africa, openly operate on various social media platforms like Facebook, WhatsApp, and Telegram, engaging in fraudulent activities that range from romance fraud to business email compromise.
The Cyber Safety Review Board (CSRB) has added four new members, including Chris Krebs, former Director of the CISA, and David Luber, head of the NSA’s Cybersecurity Directorate.