A vendor focused on fast-tracking government access to commercial software closed its Series B funding round to support more classified and regulated environments. The $40 million will allow Second Front Systems to support additional bespoke networks in the U.S. Defense and National Security space.
Former wunderkinds Sam Bankman-Fried and Changpeng Zhao, torchbearers of a flailing crypto industry and now confirmed felons, may provoke the regulatory retrenchment that saves the industry from itself. But obstacles exist in the blockchain structure of cryptocurrency.
The world's largest cryptocurrency exchange will withdraw from the U.S. market after now-former chief executive officer Changpeng Zhao pleaded guilty to felony money laundering charges in a U.S. court and the company agreed to pay $4.3 billion into federal coffers.
A new guide from the Cybersecurity and Infrastructure Security Agency aims to help healthcare and public health sector entities get a much tighter grip on managing serious risks posed by the most troublesome types of vulnerabilities threatening the beleaguered industry.
Federal regulators have smacked a New York medical center with an $80,000 penalty as part of a settlement for a HIPAA privacy breach involving the information of three patients that was exposed to a reporter and distributed nationally during press coverage in the early days of the COVID-19 pandemic.
New York State will soon seek public comment on sweeping new cybersecurity regulations for hospitals. The proposed rules would come with $500 million in requested funding to help the providers step up their security investments to comply with the new requirements.
The chief operating officer of an Atlanta-based cybersecurity firm has pleaded guilty and agreed to pay restitution of more than $818,000 in a federal criminal case in which he admitted hacking a Georgia medical center in 2018 in an effort to drum up business for his company.
Global Tel*Link, a major telecommunications provider for state and federal prison systems, will be required to notify the FTC and consumers of future security incidents after a sweeping data breach left hundreds of thousands of its users vulnerable to identity theft and other privacy concerns.
In the latest weekly update, editors at Information Security Media Group discuss why a growing number of U.S. and Canadian hospitals have been forced to turn away patients because of cyberattacks, innovations that have surfaced during the Israel-Hamas war and the future of industrial automation.
The estates of two deceased UnitedHealthcare Medicare Advantage policyholders allege in a proposed federal class action lawsuit filed this week that the insurance giant is using an AI tool to illegally deny necessary coverage for post-acute care, such as skilled nursing, to elderly plan members.
The U.S. Securities and Exchange Commission's requirement for publicly traded companies to report cyber incidents that have a material impact within four days is "not about playing gotcha with public companies," said the commission’s director of the corporation finance division.
European lawmakers behind an artificial intelligence regulation that's close to finalization predicted Thursday the law will set global standards. "We want AI to develop in Europe, and this is why we want to build a trustworthy ecosystem," said Brando Benifei.
Regulating AI is "like regulating Jell-O," said Massachusetts risk counsel Jenny Hedderman, but states are looking at regulating "areas of harm" rather than AI as a whole. In this episode of "Cybersecurity Insights," Hedderman discusses privacy, third-party vendor risk, and lawyers' use of AI.
The number of healthcare organizations and patients affected by a recent data theft at medical transcription firm Perry Johnson & Associates is expanding: The company now says the breach affected the sensitive information of about 9 million people.
A key European parliamentary committee on Tuesday voted to carve off encrypted communications from a legislative proposal directing online providers to diminish the risk of child sexual abuse material. The European Parliament's LIBE Committee emphatically rejected weakening end-to-end encryption.