Cyber Security

Senator Ted Cruz introduced legislation banning the Federal Reserve from moving forward with a central bank digital currency that would be available for use by consumers.

European authorities, with help from the FBI, have identified members of a Russian-affiliated cybercrime gang responsible for targeting major companies and institutions with ransomware.

The White House instructed federal agencies on Monday to delete TikTok from all government devices and systems within 30 days, according to a memo obtained by FOX Business.

Canada says the TikTok app “will be automatically removed and blocked from use on all government-issued mobile devices” in the coming days, according to a report.

The Los Angeles Unified School District revealed Wednesday that the a ransomware gang leaked sensitive records of more than 2,000 students online.

The Dept. of Defense and Microsoft are looking into an unsecured server that exposed sensitive but unclassified emails and data from the U.S. Special Operations Command.

GoDaddy website hosting servers were attacked by what the company called a "sophisticated" threat actor group that stole source code and installed malware.

A top Justice Department official warned Thursday that TikTok is a threat due to the "perils of Chinese companies being subject to Chinese national security laws."

As reliance on technology vendors increases, so do the cybersecurity risks. Utilizing cybersecurity professionals and empowering CIOs go a long way to preventing risk.

Reddit said a bad actor had gained access to internal systems after obtaining one worker's credentials following a sophisticated phishing campaign targeting employees.