Foreign
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Treasury hackers also breached US foreign investments review office
Silk Typhoon Chinese state-backed hackers have reportedly breached a Treasury Department office that reviews foreign investments for national security risks. CNN reported on Friday, citing U.S. officials familiar with the matter, that the attackers gained access to the Committee on Foreign Investment in the United States (CFIUS) systems. The CFIUS is a government office and interagency committee authorized to review foreign investment…
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APAC Concerns Grow Over Foreign AI Monopolies, Competition
Regulators in Japan and South Korea have commenced inquiries into the competitive implications of expanding generative AI markets in their jurisdictions. This follows concerns the fast-moving market may quickly be dominated by too few players, or that emerging anti-competitive practices may develop. In October, the Japan Fair Trade Commission began a market study on generative AI to examine competition at…
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NCSC warns organizations of cyber threat from Russian Foreign Intelligence
The National Cyber Security Centre (NCSC) is warning organizations to buckle up for online attacks by Russia’s Foreign Intelligence Service (SVR). More than 20 publicly disclosed vulnerabilities have been listed in a joint advisory of US security agencies. These, it believes, can be exploited by the hacking group, APT29, also known as Midnight Blizzard, the Dukes, and Cozy Bear. The…
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