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Security News Update for August 17, 2024

White House Working on Cyber Insurance Policy for Catastrophes The White House is working on a policy proposal to stabilize the economy in case of a massive cyber incident. This would require help from Congress, of course, but it is certainly possible that we could have a cyber 9/11 that would require a federal bailout. […]

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A Third of Compromised API Keys Still Active

API Keys are an alternative to passwords for connecting to a computer or web service. Typically, API Keys are used by software applications to talk to other applications and are considered more secure than using userids and passwords to authenticate. Unfortunately, too many developers don’t treat APIkKeys like the security risk they are. API keys […]

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Expect More Foreign Attacks Before November

While this is far from the biggest breach of the year, it is likely the one with the most political impact. At least so far. I assume the campaigns are doubling or tripling down on their security. Last week Politico said that it received multiple emails from a leaker who said that they hacked the […]

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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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