The long-term value of decentralized finance (DeFi) depends on its ability to transform the back-office operations of global banking institutions rather than providing alternative trading environments, according to asset management and banking executives. Speaking on a panel at the Proof of Talk conference in Paris, the executives said legacy financial institutions are eager to adopt...Read More
Anthropic is scaling up Project Glasswing, its AI-powered vulnerability detection programme, to around 150 new organisations across more than 15 countries — a significant expansion from the 50 initial partners granted access in April. At the programme’s core is Claude Mythos, Anthropic’s most powerful model to date, capable of identifying thousands of zero-day vulnerabilities across weeks of scanning. The...Read More
KUALA LUMPUR (June 3): LGMS Bhd (KL:LGMS), a cybersecurity consulting and services company, has strengthened its board and leadership structure by appointing Dr Paul Lim Pang Kiam as its non-independent non-executive chairman and Datuk Dr Michael Lim Joo Soon as an independent non-executive director, as well as redesignating founder Fong Choong Fook as the managing director. The appointments underscore LGMS’...Read More
The Independent National Electoral Commission (INEC) has commenced an investigation into allegations of unauthorised access to its Continuous Voter Registration (CVR) database following the circulation of information relating to a candidate who participated in a recent political party primary election in the Federal Capital Territory (FCT). However, the Commission said preliminary findings from its investigation...Read More
Cato Networks is expanding its international footprint with the opening of its first dedicated office in London, a move that will bring together nearly 100 existing UK-based employees under one roof and support the recruitment of another 50 workers in the coming years. The cybersecurity company, which employs approximately 1,700 people worldwide, said the new...Read More
There has been an explosion in AI-powered cybercrime tooling available on underground marketplaces over recent months, according to a leading ransomware expert. Cynthia Kaiser, SVP Ransomware Research Center at Halcyon, is also a former FBI deputy cyber director and White House advisor. At Infosecurity Europe on 2 June, she said that her time in government made her realize that...Read More
Summary On June 1, 2026, the ransomware group Abyss announced a cyberattack againstSchool Facility Consultants, an influential organization in the education sector across California.The group has threatened to release sensitive information unless their demands are addressed promptly. Incident Report Field Details Target School Facility Consultants Domain N/A Country USA Attacking Group Abyss Date Reported June...Read More
Summary On June 1, 2026, the ransomware group Abyss announced a cyberattack againstSchool Facility Consultants, an influential organization in the education sector across California.The group has threatened to release sensitive information unless their demands are addressed promptly. Incident Report Field Details Target School Facility Consultants Domain N/A Country USA Attacking Group Abyss Date Reported June...Read More
Ransomware attacks surged 30% in the first half of 2026 compared to the same period in 2025, with Qilin and INC Ransom emerging as two of the most prolific and dangerous operators in a crowded criminal ecosystem. Healthcare continues to be the top targeted industry, with 27 incidents in January 2026 alone, a figure that...Read More
Instagram has fixed a security problem that let hackers hijack several famous accounts by tricking Instagram’s parent company, Meta’s new artificial intelligence helper, called the Meta AI support assistant. This incident happened over the weekend and was brought to light when several users on social media platforms like X and Reddit complained of losing control...Read More
