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Arrests in $400M SIM-Swap Tied to Heist at FTX?

Krebs on Security

Three Americans were charged this week with stealing more than $400 million in a November 2022 SIM-swapping attack. government did not name the victim organization, but there is every indication that the money was stolen from the now-defunct cryptocurrency exchange FTX , which had just filed for bankruptcy on that same day.

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The Future of RegTech for AI Governance

IBM Big Data Hub

Trustworthy outcomes are critical for all AI systems, particularly in high-risk contexts, and this is a key factor in why the market for responsible AI solutions is expected to double in size in 2022 [2]. Central to putting these principles into practice is establishing the appropriate governance mechanisms for AI systems.

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List of data breaches and cyber attacks in February 2022 – 5.1 million records breached

IT Governance

First, Russia targeted banks and government departments, then Ukraine hit back, attacking the Moscow stock exchange. The EU has responded to calls for help from Ukraine, and has set up a cyber rapid-response team comprised of 12 volunteers, who will help cyber attack victims.

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Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

This article looks at the top 40 cybersecurity startups to watch in 2022 based on their innovations in new and emerging technologies, length of operation, early funding rounds, scalability, and more. Read more: Top Enterprise Network Security Tools for 2022. Also read: Top Endpoint Detection & Response (EDR) Solutions for 2022.

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French authorities arrested a Russian national for his role in the Hive ransomware operation

Security Affairs

. “A Russian, suspected of having recovered in cryptocurrencies the money taken from French victims of the powerful Hive ransomware , dismantled in January, was arrested last week, AFP learned on Tuesday December 12 from the judicial police.” anti-cybercrime (Ofac).” cybersecurity and intelligence authorities.

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Top VC Firms in Cybersecurity of 2022

eSecurity Planet

Investments in cybersecurity more than doubled from $12 billion to $29.5 Whether it’s a startup or established organization seeking funding, the right venture capital (VC) firm can make the difference in financial and operational success. Accel’s largest presence is in the Bay Area with sizable teams in London and Bangalore.

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A New Era: Cybersecurity Implications of Quantum Computing

Thales Cloud Protection & Licensing

Thu, 12/01/2022 - 06:12. The exponential processing capability of a quantum computer is already being welcomed by governments and corporations. The vulnerabilities of blockchain technology. A New Era: Cybersecurity Implications of Quantum Computing. Quantum computing and the cybersecurity threats.