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Tag: firms

GDPR set the tone for regulatory action — and the AI fine pushback to come

Big tech firms continue to push back against fines levied for alleged violations of European data protection law, in what could be a harbinger for AI regulations to come. While lawyers and experts quizzed by CSO broadly argue that big tech firms contesting data protection rules isn’t a particular cause for concern, the more widespread…

Silent Ransom Group Targets Law Firms With IT Impersonation Attacks 

Silent Ransom Group is escalating attacks on U.S. law firms by posing as IT staff through phishing emails, phone calls, and in-person visits.  The group, also tracked as Luna Moth, Chatty Spider, and UNC3753, is focusing on data theft and extortion rather than traditional ransomware encryption, making its activity more difficult for organizations to detect…

FBI warns US-based law firms to be on the lookout for cybercrime group that steals data in person

Silent Ransom Group, a long-running data extortion operation, continues to hit U.S.-based law firms by impersonating IT support and, in some cases, visiting victims in person to gain physical access to computers, the FBI said in an alert Tuesday. The closed group, which likely operates from Russia and emerged in 2022 after Conti disbanded, has…

Cyber attacks fuel surge in cargo theft across logistics industry

Hackers infiltrate logistics firms to steal cargo and divert payments, cyberattacks are linked to organized crime and rising losses. Proofpoint researchers observed crooks targeting trucking and logistics companies, running coordinated remote access campaigns to steal cargo and divert payments. These attacks appear to be linked to organized crime. The findings highlight a growing trend of…

Euro-Office billed as Europe’s sovereign alternative to Microsoft Office

A group of European technology firms has launched a new open-source office suite aimed at offering a sovereign alternative to Microsoft Office. Euro-Office consists of four core applications — a document editor, spreadsheet program, presentation tool, and PDF editor — and is built on the open-source OnlyOffice suite. It supports Microsoft Office file formats DOCX,…

Pro-Iranian Nasir Security is targeting energy companies in the Gulf

Resecurity tracks Iran-linked Nasir Security targeting Middle East energy firms amid ongoing regional cyber and military threats. Resecurity (USA) is tracking a relatively new cybercriminal group called Nasir Security, presumably associated with Iran, that is targeting energy organizations in the Middle East. The energy sector is one of the most impacted areas because of the…

EU sanctions Chinese and Iranian actors over cyberattacks on critical infrastructure

EU sanctions Chinese and Iranian firms and individuals for cyberattacks targeting critical infrastructure and over 65,000 devices across member states. The Council of the European Union has imposed sanctions on three companies and two individuals linked to cyberattacks against EU countries and partners. “The Council adopted today restrictive measures against three entities and two individuals responsible for cyber-attacks carried…

GUEST ESSAY: The hidden risks lurking beneath legal AI — permission sprawl, governance drift

In many law firms today, leadership believes their data is secure. Policies are documented, annual reviews are completed, and vendor questionnaires are answered with confidence. On paper, the safeguards look strong. Related: The cost of law firm breaches Yet in practice, few firms have a clear, current view of how their systems actually behave. That…

Cyber risk is becoming a hold-period problem for private equity firms

Private equity firms have spent years treating cybersecurity as an IT hygiene issue inside portfolio companies. That approach is getting harder to sustain as ransomware, data theft, and regulatory pressure interfere with value creation during the hold period. Has cybersecurity risk had any financial impact on your portfolio companies? (Source: Kroll) A recent Kroll survey…

OpenClaw integrates VirusTotal malware scanning as security firms flag enterprise risks

OpenClaw, the viral open-source AI agent that security firms warn is “insecure by default,” has integrated VirusTotal’s malware scanning into its ClawHub skills marketplace following weeks in which security researchers documented malicious extensions and widespread unauthorized deployments in enterprises. The integration automatically scans all published skills before making them available for download, according to the…

OpenClaw integrates VirusTotal malware scanning as security firms flag enterprise risks

OpenClaw, the viral open-source AI agent that security firms warn is “insecure by default,” has integrated VirusTotal’s malware scanning into its ClawHub skills marketplace following weeks in which security researchers documented malicious extensions and widespread unauthorized deployments in enterprises. The integration automatically scans all published skills before making them available for download, according to the…

How Threat Intelligence Helps Protect Financial Organizations from Business Risk

The financial sector resembles a treasure vault under constant siege. Banks, insurers, and fintech firms are not just custodians of money. They are guardians of irreplaceable personal and corporate data, payment flows, transactional integrity, and trust itself.   When cybercriminals strike, the ripple effects cascade outward, threatening individual savings, corporate balance sheets, national infrastructures, and broader economic confidence.  The Biggest…