Google Cloud serverless projects are being used by a Latin American financially motivated threat group, codenamed FLUXROOT, to orchestrate credential phishing campaigns, the The Hacker News has reported. This event is not isolated, as numerous malefactors in cyberspace are exploiting cloud computing services for malicious objectives. Thus, IT and cybersecurity professionals are facing a pressing… Read more »
Cybersecurity giant CrowdStrike says its recent software update has caused a massive global tech outage, impacting some 8.5 million Microsoft devices worldwide. While still affecting less than one per cent of all Windows computers in use, the incident has significantly impacted several vital sectors, demonstrating how far-reaching modern digital infrastructure can be. In a blog… Read more »
Alphabet, the parent company of Google, is reportedly in advanced negotiations to acquire the cybersecurity startup Wiz for about $23 billion, according to sources familiar with the matter. If successful, this acquisition would be Alphabet’s largest to date and would signal a major strategic shift for the technology giant. Wiz is one of the fastest-growing… Read more »
The Australian Government has disclosed plans to establish a highly secure cloud service for its intelligence agencies in a $2 billion partnership with US technology firm Amazon. This advanced platform, scheduled for completion by the end of the decade, is designed to boost information-sharing capabilities within Australia’s security sector. The Guardian reported that deputy prime… Read more »
The Biden administration is conducting a review of China Mobile, China Telecom, and China Unicom due to concerns that these companies could take the American data they access through US cloud and internet providers and provide it to Beijing. According to three sources familiar with the matter, the Commerce Department is carrying out this previously… Read more »
The cloud computing sector in Europe is under considerable regulatory review at the moment, particularly around the proposed cybersecurity certification scheme (EUCS) for cloud services, which is a major topic of industry conversations. Reuters has reported that this initiative has triggered discussions among stakeholders about how it might affect leading cloud service providers, as well… Read more »
While still in its early stages, Quantum Computing is expected to revolutionise problem-solving and data processing, casting a looming threat over current blockchain encryption methods. Amidst the uncertainty, cloud-based quantum-proof encryption rises as a tentative solution to quantum threats to blockchain cryptography. Before we delve into its profound implications for cryptocurrencies, let’s cover the basics.… Read more »
Cohesity, a specialist in AI-powered data security and management, has collaborated with Intel to bring Intel’s confidential computing capabilities to the Cohesity Data Cloud. Leveraged with Fort Knox, Cohesity’s industry-leading cyber vault service, this data-in-use encryption innovation will be the first of its kind in the data management industry. Together, Cohesity and Intel are solving… Read more »
Professional services firm Accenture has agreed to acquire CLIMB, a technology services provider specialising in system integration, IT infrastructure management and operations, primarily in Gunma, Japan. The acquisition of CLIMB brings more critical skills for global organisations in Japan to navigate technology change. In particular, CLIMB’s expertise will accelerate application and infrastructure modernisation services for financial… Read more »
Cybersecurity firm Red Canary has unveiled its sixth annual Threat Detection Report, examining the trends, threats, and adversary techniques that organisations ought to prioritise in the coming months and years. The report tracks MITRE ATT&CK techniques that adversaries abuse most frequently throughout the year, and two new and notable entries soared to the top 10… Read more »