Agence France-Presse (AFP), the global news agency, was hit by a cyberattack on Friday, affecting its delivery service to clients. The attack is under investigation by French authorities, with AFP’s technical teams working to resolve the incident. This incident comes amidst a wave of cyberattacks in France, including those targeting government entities and infrastructure during the Paris Olympics.
The US Justice Department has charged three Iranian hackers with disrupting Donald Trump’s 2024 presidential campaign. The accused, members of Iran’s Revolutionary Guards Corps, allegedly targeted the election with phishing attacks and data theft. The charges highlight growing concerns about foreign interference in US elections.
CNBC’s ‘Halftime Report Final Trades’ featured insights on several companies, highlighting trends in cybersecurity, airlines, healthcare, and cryptocurrency. Palo Alto Networks’ strong Q4 results and share buyback program, Southwest Airlines’ new repurchase program, Delta Air Lines’ anticipated earnings report, and PayPal’s expanded cryptocurrency services for businesses were key takeaways.
BlackBerry Ltd (BB) reported strong second-quarter results, exceeding revenue and earnings expectations. The company attributed the success to growth in its cybersecurity and IoT segments. BlackBerry anticipates continued growth in these areas, setting revenue guidance for the third quarter and full year.
A new type of cryptocurrency scam has emerged, targeting users who download a fake version of the WalletConnect app on the Google Play Store. The fraudulent app, disguised as a legitimate solution, tricked over 10,000 users into linking their wallets, resulting in the theft of $70,000 in cryptocurrency.
A US Senator, Benjamin Cardin, was the target of a deep fake video call, where an impersonator posing as the Ukrainian foreign minister tried to extract politically charged information. This incident highlights the growing threat of deep fakes and their potential for election interference.
Sekur Private Data Ltd., a Swiss-hosted cybersecurity and privacy communications platform, is expanding its reach into Latin America and the Caribbean, targeting a market of over 4 million businesses. This move comes as the region faces an increasing demand for robust privacy and cybersecurity solutions due to the rise in ransomware and cyberattacks.
Mastercard has enhanced its Consumer Fraud Risk (CFR) solution, leveraging advanced AI to empower UK banks with real-time fraud detection capabilities. This move aims to combat the growing threat of Authorised Push Payment (APP) scams, which cost UK consumers £460 million in 2023. The upgraded CFR solution provides banks with deeper insights into potentially fraudulent transactions, allowing them to intervene before scams are executed, ultimately safeguarding consumers from financial losses.
Alstom and Airbus Protect have joined forces to enhance cybersecurity in the rail industry. This collaboration, born from a 2021 agreement, has resulted in a comprehensive risk assessment methodology specifically designed for rail security. The partnership signifies a commitment to bolstering the resilience and safety of rail systems globally.
After suffering a series of high-profile security breaches, Microsoft has acknowledged its cybersecurity shortcomings and announced a comprehensive plan to strengthen its defenses. The company’s Secure Future Initiative outlines significant changes to governance, employee training, and security measures, demonstrating a renewed commitment to protecting user data and systems.
