News
VideoLabs Says Consultants Stole IP Management AI Tool Secrets
1+ hour, 55+ min ago (49+ words) VideoLabs Says Consultants Stole IP Management AI Tool Secrets'Bloomberg Law News Video technology company VideoLabs Inc. accused a pair of consultants of "outrageous" misappropriation of trade secrets in a lawsuit related to an AI-powered patent analysis tool. Learn more about…...
ServiceNow to Buy Cyber Startup Armis for $7.75 Billion (2)
6+ day, 6+ hour ago (122+ words) ServiceNow Inc.has reached a deal to buy the cybersecurity startup Armis in a deal valued at $7.75 billion, representing its largest acquisition to date. ServiceNow Inc.has reached a deal to buy the cybersecurity startup Armis in a deal valued…...
Tracking Corporate AI Threats Via Federal Database Gains Support
6+ day, 12+ hour ago (138+ words) The groups behind the proposed database say it would let companies report incidents and alert the government about emerging threats. The suggestions come as AI incidents appear to be surging. The federal government already has mechanisms to track aviation incidents…...
Fake Crypto Platforms, WhatsApp Clubs Bilked Investors, SEC Says
6+ day, 22+ hour ago (208+ words) The SEC sued seven now-defunct companies for running a cryptocurrency "investment confidence scam" that used fake trading platforms and phony investment clubs to steal at least $14 million from US investors. The SEC sued seven now-defunct companies for running a cryptocurrency…...
Only TransUnion Cases Set to Merge Over Salesforce Data Breach
1+ week, 5+ day ago (211+ words) Recent data breach lawsuits stemming from social engineering attacks against Salesforce databases won't be consolidated, except for complaints filed against TransUnion set for federal Illinois court. Recent data breach lawsuits stemming from social engineering attacks against Salesforce databases won't be…...
Blockchain Firm Agrees to Pay Victims of Hack in FTC Settlement
1+ week, 6+ day ago (141+ words) Blockchain infrastructure company Illusory Systems Inc. will return money to customers affected by a 2022 hack in which cyber criminals stole $186 million in a settlement with the Federal Trade Commission. Blockchain infrastructure company Illusory Systems Inc. will return money to customers…...
Under Armour Sued After Ransomware Group Announces Data Breach
2+ week, 3+ hour ago (131+ words) Under Armour Inc. was hit with a Texas customer's proposed class action filed after ransomware hackers announced that it obtained hundreds of gigabytes of data from the sports apparel company. Under Armour Inc. was hit with a Texas customer's proposed…...
AI Meeting Tools Pose Privacy Risks as Offices Boost Technology
3+ week, 12+ hour ago (902+ words) The embrace of AI meeting-transcription services in the workplace puts employers at risk of privacy lawsuits, breaches of confidentiality, and a host of other legal problems that could outweigh the technology's benefits. Otter.ai, Fireflies.ai, and similar services offer…...
Hyundai Tech Affiliate Data Breach Suit Is Voluntarily Dismissed
3+ week, 3+ day ago (124+ words) A Hyundai Motor Group customer who sued IT affiliate Hyundai AutoEver America after a data breach voluntarily withdrew his proposed class action. A Hyundai Motor Group customer who sued IT affiliate Hyundai AutoEver America after a data breach voluntarily withdrew…...
US Slashes Pay Incentives at Already Weakened Cyber Agency
3+ week, 5+ day ago (139+ words) The Trump administration is ending a pay incentive program intended to hire and retain experts in the federal government's primary civilian cybersecurity agency, which has already been depleted by firings, resignations and reassignments. The Trump administration is ending a pay…...