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Security News Update for August 9, 2024

Interpol Recovers Over $40 Mill from Biz Email Compromise Attack INTERPOL has created a global stop-payment mechanism that it can use to recover funds. A company in Singapore thought they were paying a vendor. Instead they paid a hacker. INTERPOL’s Global Rapid Intervention of Payments or I-GRIP was able to recover $39 million out of […]

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Ireland Sues Twitter Over Harvesting User Data for Their AI

But everyone does it, right? The Irish Data Protection Commission asked the High Court of Ireland in Dublin to stop the social media company from using customer data to train its large language model. Twitter added a setting last month, which defaults to enabled, that allows it to use any user data to train its […]

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Security News Update for Week Ending August 2, 2024

State Dept. Says UN Cybercrime Treaty Must protect Human Rights On the eve of final negotiations at the UN for a long awaited cybercrime treaty, the US says they are focused on ensuring the treaty protects human rights. The US, along with 40 other countries — not including, Surprise, Russia or China — signed off […]

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