US sanctions Chinese firm for hacking firewalls in ransomware attacks; $10 million reward for information
The U.S. Treasury Department has sanctioned Chinese cybersecurity company Sichuan Silence and one of its employees for their involvement in a series of Ragnarok ransomware attacks targeting U.S. critical infrastructure companies and many other victims worldwide in April 2020. BleepingComputer reports: According to the Department’s Office of Foreign Assets Control (OFAC), Sichuan Silence is a […]

Majority of firms using generative AI experience related security incidents – even as it empowers security teams
How many times do we read about something new and think, “What can possibly go wrong, right?” Some new research by the Capgemini Research Institute found that 97% of organizations using generative AI were affected by data breaches or security concerns linked to generative AI, and most do not have an adequate budget to deal with […]