Tag:cyber

1
Capture the Flag, Capture the Company Data
2
AI Models Were Asked To Solve The Test But Instead Hacked The Examiner
3
An AFS Licensee First: Receiving an Order to Pay AU$2.5 Million for Cybersecurity Failures
4
The FBI understands if you pay ransom to cyber hackers, but isn’t too pleased about it

Capture the Flag, Capture the Company Data

By: Cameron Abbott, Daniel Knight, Rob Pulham and Emre Cakmakcioglu

Mere days after an AI firm’s model hacked into Hugging Face, a separate AI company has now revealed that three of its models have hacked into three external companies during testing.

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AI Models Were Asked To Solve The Test But Instead Hacked The Examiner

By: Cameron Abbott and Emre Cakmakcioglu

An artificial intelligence research organisation has released a statement detailing how two of its cybersecurity models escaped from an internal testing sandbox to hack AI research platform Hugging Face.

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An AFS Licensee First: Receiving an Order to Pay AU$2.5 Million for Cybersecurity Failures

By: Cameron Abbott, Daniel Knight, Rob Pulham, Alex Parker, Madison Jeffreys, Emre Cakmakcioglu and Annaliese Filippis

In a key decision against an Australian financial services licence (AFSL) holder, the Federal Court of Australia has ordered the AFSL holder to pay AU$2.5 million in penalties for inadequate cybersecurity measures. The Australian Securities and Investments Commission (ASIC) took action following a cyberattack on the AFSL holder’s IT systems, resulting in approximately 385GB of data being downloaded from its servers. 

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The FBI understands if you pay ransom to cyber hackers, but isn’t too pleased about it

By Cameron Abbott and Karla Hodgson

While the FBI won’t be impressed if you pay ransomware demands in order to get your systems or data back after a cyber attack, its updated ransomware guidance contemplates that this might just be the outcome of an attack anyway.

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