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Why Acquisition Reports Emerge in the Media, and What It Means for Those Mentioned
Companies historically responded to M&A reports with milquetoast statements about "not commenting on rumors or speculation," but aggressive clapbacks have become much more common. Increasingly, executives are willing to attract more publicity by publicly - and vocally - denying acquisition reports.

Australian Insurer Expects Years of Litigation Related to 2022 Hack
Australia's largest provider of private health insurance says it expects to spend a total of AU$126 million, or $84.78 million, over a three-year period to upgrade its IT security. A Russia-based cybercriminal group hacked Medibank in October 2022.

Banking and Housing Policy Groups Call New Cyber Reporting Measures 'Impractical'
A group of banking and housing lobbyists are urging Ginnie Mae to redo its latest set of cybersecurity incident reporting requirements for custodians of mortgage-backed securities, calling the new measures "impractical" and potentially burdensome for many organizations.

Cyberattacks Soar, But Guarding PHI From Break-Ins, Natural Disasters Is Critical
Despite the endless barrage of cyberattacks hitting the healthcare sector, HIPAA-regulated entities must not neglect their duty to protect electronic patient information against physical threats, including burglaries and natural disasters, U.S. regulators said.

Hackers Could Exploit Bug to Manipulate Slack AI's LLM to Steal Data
Chat app Slack patched a vulnerability in its artificial intelligence tool set that hackers could have exploited to manipulate an underlying large language model to phish employees and steal sensitive data. Slack said it was a low-severity bug.

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As Banks Combat Fraud, Customers Feel the Strain of Overly Cautious Measures
In today’s AI-driven world, banks are becoming increasingly vigilant, often freezing accounts or demanding extensive documentation at the slightest hint of suspicious activity. Sending money, once a straightforward task, is now fraught with complexity.

Why Acquisition Reports Emerge in the Media, and What It Means for Those Mentioned
Companies historically responded to M&A reports with milquetoast statements about "not commenting on rumors or speculation," but aggressive clapbacks have become much more common. Increasingly, executives are willing to attract more publicity by publicly - and vocally - denying acquisition reports.

Australian Insurer Expects Years of Litigation Related to 2022 Hack
Australia's largest provider of private health insurance says it expects to spend a total of AU$126 million, or $84.78 million, over a three-year period to upgrade its IT security. A Russia-based cybercriminal group hacked Medibank in October 2022.

Banking and Housing Policy Groups Call New Cyber Reporting Measures 'Impractical'
A group of banking and housing lobbyists are urging Ginnie Mae to redo its latest set of cybersecurity incident reporting requirements for custodians of mortgage-backed securities, calling the new measures "impractical" and potentially burdensome for many organizations.

Cyberattacks Soar, But Guarding PHI From Break-Ins, Natural Disasters Is Critical
Despite the endless barrage of cyberattacks hitting the healthcare sector, HIPAA-regulated entities must not neglect their duty to protect electronic patient information against physical threats, including burglaries and natural disasters, U.S. regulators said.