#cybersecurity

Airline company Delta Air Lines sued CrowdStrike, a cybersecurity software provider, claiming that a test update caused a global technological outage.

ESMA, the European Securities and Markets Authority, recommends that crypto companies perform regular cybersecurity audits. The regulator is urging EU lawmakers in Brussels to modify the regulatory documents for the sector to secure consumer funds more effectively.

Mikko Ohtamaa, a developer of the algorithmic trading protocol TradingStrategy․ai, has voiced concerns about the auditing company CertiK. According to Ohtamaa, CertiK independently adds projects to its Skynet rating list, which assesses cybersecurity, decentralization levels, and more.

The North Korean hacking group Lazarus is now impersonating the CEO of Fenbushi Capital, a Chinese digital asset management company, to launch phishing attacks on LinkedIn users, reports cybersecurity firm SlowMist.

Trail of Bits, a cybersecurity company, has announced that the software behind Worldcoin's Orb device, which scans users' irises, is devoid of any exploitable flaws that could accelerate the project's progression unduly.

The legal team at Polygon Labs is advocating for DeFi to be classified as critical infrastructure in the United States, warranting oversight by the Department of the Treasury's Office of Cybersecurity and Critical Infrastructure Protection (OCCIP).

Cybersecurity company Torq, which leverages artificial intelligence to automate repetitive and labor-intensive tasks, raised $70 million in new funding round. According to CEO Ofer Smadari, the company’s annual revenue has surpassed $24 million, with major clients including Procter & Gamble and PepsiCo.

The U.S. Securities and Exchange Commission (SEC) concluded its investigation into Paxos and its stablecoin, BUSD. Jorge Tenreiro, Acting Head of the Crypto Assets and Cybersecurity Division, privately informed the company of this decision on July 9.

The U.S. Navy is actively seeking a corporate partner to test its proprietary PARANOID blockchain. This innovative system is designed to significantly improve cybersecurity measures for military software throughout its lifecycle—from development to deployment.

Microsoft is set to upgrade all of its security systems. The initiative includes accelerating response times to security breaches, enhancing personal data protection, and automating two-factor authentication processes. These upgrades were prompted by a detailed and critical report from the U.S. Cybersecurity Board.

Ladan Stewart, the leader of the SEC's crypto unit, has transitioned from the agency to join the law firm White & Case, Bloomberg reports. In her new role, she will spearhead the development of crypto and cybersecurity practices.

Cybersecurity experts at Singapore's Group-IB have uncovered GoldPickaxe, a new trojan preying on iOS users. The trojan harvests a range of data, from personal and financial details to biometric information, later used in AI-generated deepfakes.

OpenAI, known for developing cutting-edge artificial intelligence models, has teamed up with the Pentagon. Their joint effort focuses on developing open-source cybersecurity tools, mainly aimed at bolstering national security and public protection.

The National Vulnerability Database (NVD) has noted that the data carrier limits in Ordinals can be bypassed, potentially allowing data to be disguised as code in certain versions of Bitcoin Core and Bitcoin Knots.