Cybercrime for profit is a global economy that causes most of our cybersecurity and fraud woes and it is a problem to which all anti-money laundering (AML) and financial sector professionals should pay close attention. It is adaptable, ingenious and lucrative, while imposing vast costs on us. It victimizes financial institutions and their customers, and...
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NurPhoto / Instagram If you needed another reason to hate AI or be wary of it, this latest incident should suffice. Hackers claim they tricked META’s AI chatbot into granting them access to other people’s Instagram accounts, and all they had to do was ask. According to multiple reports, multiple Instagram accounts were hacked over...
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Looking to read the full article? Scroll down and login or sign up today! Page Reload Scroll Position Trump Order Sets up Voluntary Cybersecurity Review of AI Models Shutterstock Jun 2, 2026 | James Downing President Donald Trump has signed an executive order meant to shore up security around the release of new artificial intelligence...
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A threat actor is using an AI-built ransomware attack toolkit that automates Active Directory discovery and helps evade endpoint detection and response (EDR) solutions. Tool and payload development was assisted by Cursor and Claude Opus agents in various stages, including initial coding, analysis, and revisioning. Additionally, some agents were tasked with checking security research posts...
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NurPhoto / Instagram If you needed another reason to hate AI or be wary of it, this latest incident should suffice. Hackers claim they tricked META’s AI chatbot into granting them access to other people’s Instagram accounts, and all they had to do was ask. According to multiple reports, multiple Instagram accounts were hacked over...
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AI is turning cybersecurity from a defensive line item into a platform decision, and Palo Alto Networks just gave investors a clear look at that shift. Palo Alto Networks did not simply report a stronger quarter. It showed how quickly AI is rewriting the security budget. The company said on June 2 that fiscal third-quarter...
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It’s become almost commonplace to read about hacking incidents, where clients’ personal information is accessed through cyberattacks on companies, banks and government institutions. Some of the most recent data breaches involved big players like Pick n Pay and Standard Bank. RELATED: So, what happens or could happen to our data if it’s been stolen by...
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Nikesh Arora, chief executive officer at Palo Alto Networks Inc., during the Raise summit in Paris, France, on Tuesday, July 8, 2025. Nathan Laine | Bloomberg | Getty Images Palo Alto Networks surpassed Wall Street’s fiscal third-quarter results as artificial intelligence threats drive demand for sophisticated cybersecurity tools. Shares popped 10%. Here’s how the company...
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Summary:   Halcyon is monitoring increased threats to educational institutions following ShinyHunters’ late April 2026 compromise of Instructure, the company behind the Canvas Learning Management System. ShinyHunters exploited a vulnerability in its Free-For-Teacher service, claiming exfiltration of 3.65 TB of data across approximately 275 million records from 8,809 educational institutions. After the initial negotiation deadline...
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Summary On June 2, 2026, the Nova ransomware group claimed responsibility for a cyberattack on Everlite Concept, a prominent French company known for its polycarbonate solutions. The attackers have threatened to release sensitive data if the company fails to initiate contact. Incident Report Field Details Target Everlite Concept Domain N/A Country France Attacking Group Nova...
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