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Yahoo Finance: Cybersecurity is the practice of protecting computer systems, networks, programs, and data from unauthorized access, attacks, damage, or any form of unauthorized manipulation.
Australian Prudential Regulation Authority: The Australian Prudential Regulation Authority (APRA) has written to all APRA-regulated entities emphasising the critical role of data backups in cyber resilience.
The Target: Cencora, formerly AmerisourceBergen, is a pharmaceutical services provider specializing in drug distribution, specialty pharmacy, consulting, and clinical trial support.
The Take: Cencora's internal investigation, which concluded on April 10, 2024, confirmed that the following information had been exposed: full name, address, health diagnosis, medications, and prescriptions.
The Vector: In February 2024, Cencora disclosed a data breach in a Form 8-K filing with the SEC, stating that unauthorized parties gained access to its information systems and exfiltrated personal data.
This breach is a stark reminder of how strong authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection.
Forbes: Cybersecurity has evolved into an indispensable foundation for doing business. The past several years have seen the rise of a permanent hybrid workforce that uses software to connect to their corporate networks.
MSN: The EU's top cybersecurity official has said there has been a "significant increase" in disruptive cyber attacks, many of which can be traced to Russia-backed groups, in recent months.
MSN: Cybersecurity stocks are selling off as investors prepare for more earnings reports within the industry. Okta Inc. PagerDuty Inc. and Zscaler Inc. are all due to post results, and Rosenblatt analyst Catharine Trebnick weighed in cautiously on the latter.
Yahoo Finance/Reuters: OpenAI has formed a Safety and Security Committee that will be led by board members, including CEO Sam Altman, as it begins training its next artificial intelligence model, the AI startup said.
Dark Reading: The advent of generative AI is surfacing new risks, significantly raising the stakes for businesses around the globe and for marketplace stability.
Cointelegraph: The Bank for International Settlements (BIS) believes in the potential for widespread adoption of generative artificial intelligence (AI), an area in which many central banks have developed a strong interest.
CNBC: A growing wave of deepfake scams has looted millions of dollars from companies worldwide, and cybersecurity experts warn it could get worse as criminals exploit generative AI for fraud.
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