The U.S. Department of Commerce announced the addition of seven supercomputer entities to its economic blacklist.  Secretary Raimondo: supercomputing capabilities are vital for developing weapons and national security systems, and that the department will prevent China from leveraging U.S. technologies for those efforts.

Personal data from more than 500 million LinkedIn users has been posted for sale online. Similar to the recent Facebook incident, the data includes user profile IDs, email addresses and other personal identifiable information (PII) details.  

According to a report in CyberNews, hackers posted an archive containing data that according to them includes LinkedIn IDs, full names, professional titles, email addresses, phone numbers and other PII on a popular hacker forum.

The data set also includes links to LinkedIn profiles and other social-media profiles, according to the report. Furthermore, to prove the authenticity of the info and provide a teaser of the data, the hackers responsible also leaked 2 million records as proof.

Users on the forum can view samples in exchange for a payment of about $2. However, the hackers appear to be auctioning off the 500-million-user database for at a sum that is at least in the four-digit range.

Nearly 330 million people across 10 countries were victims of cybercrime and more than 55 million people were victims of identity theft in the last 12 months amid the COVID-19 pandemic, according to research released this week. 

Furthermore, cybercrime victims collectively spent nearly 2.7 billion hours trying to resolve their issues, said US-based consumer cyber safety company NortonLifeLock in an annual report. It noted that attacks and scams have surged as cybercriminals try to take advantage of the increased digital presence, with the company's survey showing 65% of respondents spending more time online than ever before. 

As many as 96% of IT security leaders are now preparing for the emergence of AI-powered cyberattacks, with many embracing AI defenses, according to findings released last week. 

The study by MIT Technology Review found that the top three most concerning attacks were email attacks (74%), ransomware (73%) and cloud-based attacks (68%). In addition, 68% expect AI to be used for impersonation and spear-phishing attacks, while 60% believe that human-driven responses fail to keep up with automated cyberattacks, according to UK-based cybersecurity company Darktrace. 

US-based phishing detection and response solution provider Cofense announced last week the acquisition of Israel's Cyberfish, a provider of next-generation phishing protection powered by computer vision and advanced machine learning technology.  Cofense said that by integrating innovative machine learning capabilities from Cyberfish with Cofense’s detection and response technology, the American company will bring to market a holistic, advanced automation solution for email protection, detection, and response.

According to Cofense, organizations are rethinking their email security architecture and technology stack with the acceleration of digital transformation and migration to cloud email services from Microsoft 365 and Google Workspace. Cofense’s phishing intelligence, already deployed in thousands of enterprises around the world, will be used to train and evolve Cyberfish’s machine-learning algorithms to block malicious emails in real-time, the company said.