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Cybersecurity is of paramount importance in the robotics market. As robots become more sophisticated and integrated into critical infrastructure, they become increasingly attractive targets for cyberattacks. A successful attack on a robotic system could have devastating consequences, including: Financial losses: Cyberattacks can disrupt production, damage equipment, and … [Read more...] about Cybersecurity in Robotics: A Critical Priority

Cisco (NASDAQ: CSCO), a global technology leader, has announced its intent to acquire Splunk (NASDAQ: SPLK), a prominent cybersecurity and observability provider. This acquisition, valued at approximately $28 billion, marks a significant milestone in the tech industry. The collaboration between these two industry giants is set to bolster their AI, security, and observability … [Read more...] about Cisco to Acquire Splunk in $28 Billion Deal to Enhance Cybersecurity and Observability Capabilities

1. Increased use of AI and ML in cyberattacks Artificial intelligence (AI) and machine learning (ML) are becoming increasingly sophisticated and widely used, and this is also true in the world of cybersecurity. Cybercriminals are using AI and ML to develop new attack vectors, automate tasks, and evade detection. For example, AI-powered phishing attacks are becoming more … [Read more...] about Top 5 Cybersecurity Trends of 2023

CrowdStrike (Nasdaq: CRWD) has unveiled CrowdStrike Falcon Foundry, a groundbreaking no-code application development platform within the cybersecurity industry. Falcon Foundry empowers customers and partners to leverage CrowdStrike Falcon's data, automation capabilities, and cloud-scale infrastructure to effortlessly create customized applications to address a wide range of … [Read more...] about CrowdStrike Introduces Falcon Foundry – The No-Code App Development Platform

On September 11, 2023, MGM Resorts International, a major casino and hotel operator, was hit by a ransomware attack. The attack affected the company's IT systems, including its website, online reservation system, and various in-casino services. The attack also caused disruptions to MGM's customers, who were unable to use their digital room keys or make reservations … [Read more...] about Lessons from the MGM Resorts cybersecurity breach

Alcion, the cutting-edge data management startup, announced today that it has successfully secured $21 million in a Series A funding round. The funding round was spearheaded by Veeam, a leading player in data protection and ransomware recovery. This investment brings Alcion's total funding to an impressive $29 million. The primary objective of this funding is to support the … [Read more...] about Alcion Raises $21M in Series A Funding, Led by Veeam, to Expand its Security-First AI-Driven BaaS Platform

In today's cyber age, where technology and communication have seamlessly integrated into the business world, cybercriminals have found new ways to exploit vulnerabilities. One such threat that has been on the rise is Business Email Compromise (BEC). According to the Internet Crime Complaint Center (IC3) and the Federal Bureau of Investigation (FBI), BEC has cost businesses a … [Read more...] about The Alarming Rise of Business Email Compromise: A $43 Billion Threat

Generative cybersecurity refers to the application of generative AI techniques, such as machine learning and deep learning, to enhance cybersecurity measures. These techniques can be used to create, simulate, or predict various aspects of cybersecurity, ultimately helping organizations and individuals improve their defense against cyber threats. Here are some ways generative … [Read more...] about Advancing Cybersecurity Through Generative AI: Harnessing Innovative Techniques for Threat Detection and Defense