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German Payment Processor Insiders Accused of Laundering Fake Subscription Proceeds
Police have arrested 18 suspects as part of a global crackdown targeting fraud and money laundering networks tied to the theft of $345 million by using 4.3 million cardholders' stolen data to sign them up to fake dating, pornography or streaming sites that billed monthly.

AI's Impact on Productivity and Employment Demands Proactive Policy Action
The future of work is no longer speculative, it is already being coded. From automated writing assistants to robotic warehouse employees, artificial intelligence is entering every part of the modern workforce faster than regulations or social frameworks can adapt.

Joint Platform to Offer Human-Led, Automated Application Security in One Place
Bugcrowd acquired Mayhem Security to integrate automated application testing with human-led testing capabilities. The company plans to embed Pittsburgh-based Mayhem's reinforcement learning tech and AI models into its broader platform to speed up vulnerability detection.

Largest Breach of 2025 Hits 10.5M People, Multiple Insurers, State Agencies
Proposed federal class action litigation and various investigations are piling up against Conduent Business Solutions following its recent public disclosure that an October 2024 hacking incident potentially compromised personal and health information of more than 10.5 million people.

Officials Say Major Staffing Cuts and Furloughs Undercut Response to F5 Cyberattack
Current and former federal officials tell Information Security Media Group furloughs and leadership gaps across the federal cyber ecosystem have hindered the U.S. government's ability to coordinate response efforts after a nation-state actor exploited flaws in F5’s BIG-IP systems amid the shutdown.

Global Conflicts and Tariff Wars Are Driving New OT Threats and Supply Chain Risks
Global conflicts and tariff wars provide new opportunities for cyber adversaries, especially those targeting operational technology systems. Now attackers are focusing on fragile supply chains. Claroty researchers predict attackers will breach at least one major cyber-physical system in the next year.

AWS to Build Server Clusters, Nvidia to Supply Chips for 7 Years
Loss-making OpenAI added to a string deals with a $38 billion commitment on Monday to using compute resources provided by Amazon Web Services. The AI giant said AWS will build out server clusters using Nvidia flagship Blackwell chips for the next seven years.

Devices Unpatched Since October 2023 Are Vulnerable
The Australian cyber defense agency warned that hackers are attacking unpatched Cisco IOS XE enterprise devices to leave behind a web shell the networking manufacturer calls "BadCandy." At least 150 Cisco devices in Australia carry the implant as of late October.

Oglethorpe Notifying 92,000 Patients of June Hack of Mental Health, Addiction Info
A Florida-based firm that operates in-patient mental health and addiction recovery treatment facilities in three states is notifying more than 92,000 patients that their personal and sensitive health information may have been compromised in a data theft hack discovered in June.

Acquisition Boosts AI Defense from Red-Teaming, Risk Scoring to Compliance Tracking
The SPLX acquisition gives Zscaler new tools for red-teaming, AI governance and pre-deployment risk analysis. The deal will strengthen Zscaler's push to provide comprehensive GenAI protection, from cloud model discovery to runtime guardrails and ongoing compliance reporting.

European Startup Acquisition Aims to Unify Technical and Financial Cyber Insights
The acquisition of Intangic enhances Searchlight Cyber's ability to quantify and price cyber risk by using AI and dark web intelligence. The combined platform will offer actionable third-party risk data for CISOs, CFOs and insurance providers to better understand and manage cyber exposure.

Denmark Concedes Domestic and International Opposition Against Client Scanning
Denmark is withdrawing a proposal that would have required online service providers to scan communications and files on user devices for child sexual abuse material after domestic and international opposition. The Scandinavian country presides over the Council of the European Union until December.

Multimillion Dollar Deal Resolves 27 Lawsuits After 2023 Email Storage Hack
A Tennessee federal court has approved a multimillion dollar settlement in consolidated class action litigation against HCA Healthcare in the wake of a 2023 email data theft hack that the publicly traded company reported as affecting nearly 11.3 million individuals.

Non-Dilutive Funding From General Catalyst Supports Global Go-to-Market Push
Backed by $280 million in growth financing from General Catalyst, Chainguard plans to scale global go-to-market efforts and invest in its open-source security platform. The non-dilutive funding structure allows for targeted investment based on customer acquisition.

Intigriti's Ed Parsons on How Regs Are Pushing Firms Toward Proactive Security
The NIS2 Directive has driven significant improvements in vulnerability management across Europe. Organizations are accelerating vulnerability discovery by engaging with crowdsourced security communities and ethical hackers, said Ed Parsons, chief operations officer at Intigriti.

Why the Fortinet Earnings Case Is a Cautionary Tale for the Cybersecurity Sector
Fortinet's stock unexpectedly plunged more than 20% in August. That same month, Gartner named Fortinet an industry leader in its Magic Quadrant for hybrid mesh firewalls. But the thing that sent Fortinet's stock into a nosedive was revenue forecasts that didn't pan out.

NAV Canada CISO Tom Bornais on Keeping IT and OT Systems Running
With threats targeting aviation infrastructure, NAV Canada CISO Tom Bornais explained how his team focuses on building resilience rather than chasing perfection. He outlined why internal alignment, incident simulation and supply chain security are critical to defending IT and OT systems.

Global Tech Debt Impedes Growth as AI, Cloud and Legacy Systems Collide
Technical debt is no longer just a developer's dilemma; it's a global business risk. As companies cling to legacy systems and monolithic code, modernization efforts stall. Rising costs, slower delivery and AI limitations highlight the urgent need for scalable, future-ready architectures.

Big Crossover Found Between ClickFix and Adversary-in-the-Middle Infrastructure
Tracking how cybercriminals and their service providers use malicious infrastructure can give defenders an edge for blocking their targeting. New research spotted a massive crossover between IP addresses used for both ClickFix and adversary-in-the-middle attacks.

Also: LastPass Warns of Phishing Campaign, Trump's New CTFC Head Pick
Every week, Information Security Media Group rounds up cybersecurity incidents in digital assets. This week, Meteora CEO faced fraud allegations, LastPass warned of a phishing campaign, Trump taps crypto lawyer to lead CFTC, Mt. Gox delayed creditor repayments again and an Indian court blocked WazirX from using customer funds to cover hack losses.