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Dow Jones Risk Journal Summit
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N.Y. Financial Watchdog Focusing on Tech Risk. Crypto, AI and cybersecurity top the list of concerns for the New York State Department of Financial Services, Kaitlin Asrow, acting superintendent of the state’s top financial regulator, said Wednesday at the Dow Jones Risk Journal Summit.
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“AI is really changing the cybersecurity landscape as well as the risk landscape, enabling bad actors to move more quickly,” she said at the conference in New York City. (Dow Jones Risk Journal)
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“You need to be LLM-agnostic so you can pivot. You also have to be law firm-agnostic because you never know who’s going to be on the naughty list.”
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— Kevin O’Connor, general counsel at Lockheed Martin, on the White House blacklisting Anthropic
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Retaliatory Cyberattacks by Iran Mostly Target Middle East. Since U.S.-Israel strikes on Iran began Saturday, cybersecurity firm Radware has tracked roughly 150 cyberattacks by a dozen Iran-linked hacker groups targeting 110 organizations worldwide, including 107 attacks across the Middle East, the firm said.
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Maryland Moves From Trust to Zero Trust. State agencies must meet zero-trust cybersecurity standards within the next 18 months, the Maryland Department of Information Technology said. That includes continuous verification of users, secure networks and tougher defences on personal devices. The move replaces the state’s “trust, but verify” policy. (GovTech)
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FBI Seizes LeakBase Cybercrime Bazaar. Federal investigators said the online cybercrime marketplace had over 142,000 members who used the site to “sell the information from stolen databases, including data illegally obtained from U.S. corporations and individuals, and offered credit and debit card numbers, banking account and routing information, usernames,” among other valuable data, the Justice Department said. Working with 14 other countries, U.S. officials shut down the site and seized data and two web domains used by the forum, the agency said.
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