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The Biden administration will start implementing a new requirement for the developers of major artificial intelligence systems to disclose their safety test results to the government. The post AI Companies Will Need to Start Reporting Their Safety Tests to the US Government appeared first on SecurityWeek. Read More 

A now-patched security flaw in Microsoft Outlook could be exploited by threat actors to access NT LAN Manager (NTLM) v2 hashed passwords when opening a specially crafted file. The issue, tracked as CVE-2023-35636 (CVSS score: 6.5), was addressed by the tech giant as part of its Patch Tuesday updates for December 2023. “In an email attack scenario,…

An analysis conducted by SecurityWeek shows that 413 cybersecurity-related mergers and acquisitions were announced in 2023. The post SecurityWeek Analysis: Cybersecurity M&A Dropping, Over 400 Deals Announced in 2023 appeared first on SecurityWeek. Read More 

In today’s digital world, security risks are more prevalent than ever, especially when it comes to Software as a Service (SaaS) applications. Did you know that an alarming 97% of companies face serious risks from unsecured SaaS applications?Moreover, about 20% of these organizations are struggling with internal data threats. These statistics aren’t just numbers; they’re…

In nearly every segment of our lives, AI (artificial intelligence) now makes a significant impact: It can deliver better healthcare diagnoses and treatments; detect and reduce the risk of financial fraud; improve inventory management; and serve up the right recommendation for a streaming movie on Friday night. However, one can also make a strong case…

Cybersecurity researchers have detected in the wild yet another variant of the Phobos ransomware family known as Faust. Fortinet FortiGuard Labs, which detailed the latest iteration of the ransomware, said it’s being propagated by means of an infection that delivers a Microsoft Excel document (.XLAM) containing a VBA script. “The attackers utilized the Gitea service to…

Goldman Sachs leads wireless threat intelligence firm Bastille Networks’ $44 million Series C funding round. The post Bastille Networks Raises $44 Million to Secure Wireless Devices appeared first on SecurityWeek. Read More 

The U.S. National Security Agency (NSA) has admitted to buying internet browsing records from data brokers to identify the websites and apps Americans use that would otherwise require a court order, U.S. Senator Ron Wyden said last week. “The U.S. government should not be funding and legitimizing a shady industry whose flagrant violations of Americans’…

Cybersecurity researchers have identified malicious packages on the open-source Python Package Index (PyPI) repository that deliver an information stealing malware called WhiteSnake Stealer on Windows systems. The malware-laced packages are named nigpal, figflix, telerer, seGMM, fbdebug, sGMM, myGens, NewGends, and TestLibs111. They have been uploaded by a threat actor named “WS.” “TheseRead More 

Mexican financial institutions are under the radar of a new spear-phishing campaign that delivers a modified version of an open-source remote access trojan called AllaKore RAT. The BlackBerry Research and Intelligence Team attributed the activity to an unknown Latin American-based financially motivated threat actor. The campaign has been active since at least 2021. “Lures use Mexican…