Ransomware attacks on financial sector targeted in House bill

The bipartisan proposal would require the Treasury secretary to detail public-private efforts to prevent and combat such incidents in a report to Congress.

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Treasury official: Small financial institutions have ‘growth to do’ in using AI against threats

AI-specific fraud and cyber risks in the financial sector are especially pronounced for small banks, the agency’s chief AI officer said.

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Ex-White House cyber official says ransomware payment ban is a ways off

Kemba Walden, the former acting national cyber director, said that a ransom payment ban is the ultimate goal.

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Treasury report calls out cyber risks to financial sector fueled by AI

The new report sounds the alarm on AI-specific cyber risks while highlighting best practices to combat them.

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US and UK accuse China of cyber operations targeting domestic politics

Officials in Washington and London say hackers backed by the Chinese state sought to silence dissidents and surveil politicians. 

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US, UK, Australia sanction Russian national after major Australian ransomware attack

The October 2022 attack targeted Australia’s largest private health insurer, Medibank.

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Age-old problems to sharing cyber threat info remain, IG report finds

Over-classification, a deluge of data and insufficient human and technological resources all hinder the sharing of threat data.

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U.S. government sanctions prolific North Korean cyber espionage unit

The veteran hacking crew has been at the heart of Pyongyang’s efforts to gather intelligence by breaching computer systems.

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Treasury sanctions two Russian intelligence officers for election influence operations

The charges follow a grand jury indictments alleging that the officers engaged in years-long international election influence campaigns.

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