SolarWinds Says Hack Cost at Least $18 Million
SolarWinds Corp. spent between $18 million and $19 million in the first quarter of 2021 to investigate and fix the “cyber incident.” This refers to the consequences of a series of intrusions allegedly carried out by Russian hackers on the US government and other private companies after the hackers gained access to an infiltrated version […]
SAP 2021 Revenue Outlook Up After Cloud Gains in First Quarter
German tech group SAP last Tuesday increased its revenue outlook for 2021 after reporting encouraging first-quarter results, with gains derived from cloud sales following the launch of a new business transformation initiative. The Walldorf-based company presented its stellar first quarter results that showed CEO Christian Klein’s new focus on selling business transformation as a service […]
Cyber Attacks Against Cloud Users Surged in 2020
The shift to remote work in 2020 forced many organisations to rely more heavily on the cloud, but with this shift came more opportunities for cybercriminals to do their jobs. McAfee found nearly 3.1 million external attacks on cloud user accounts in 2020. Thailand recorded the highest number of attacks in the second quarter alone, […]
Microsoft Nuance Purchase Reveals The Next Tech Battleground
While the pandemic helped showcase healthcare’s potential as a growth area for tech companies, the recent Microsoft’s $16 billion deal for Nuance Communications Incorporation shows that the next battleground for technology giants will be in healthcare. According to analysts and healthcare executives, the acquisition will help Microsoft tap into Nuance’s big business selling its software […]
Mark Zuckerberg’s Security Costs Facebook $24 Million
Facebook announced in a financial filing that it paid its CEO, Mark Zuckerberg, $23.4 million for his security at home and while travelling, according to the report, because of the “specific threats identified” and his “unique position” as “one of the most recognized leaders in the world.” To clarify how much money was spent on […]
White House Directs Agencies To Patch Microsoft Servers
The White House recently issued a directive requiring all government agencies to urgently apply new patches to Microsoft Corp Exchange email servers to prevent exploitation by hackers. Anne Neuberger, deputy national security adviser for Cyber & Emerging Technologies, says, “We recognize when vulnerabilities may pose such a systemic risk that they require expedited disclosure.” While […]
Undergraduate Student Solves Major Quantum Computing Problem
Pablo Bonilla, a 21-year-old student at the University of Sydney, has done an excellent job solving one of the most common problems in quantum computing. The second-year physics student, who received a coding exercise as an additional homework, returned with a code that will help solve problems in quantum computing. While his code generated a […]
Facebook Oversight Board Can Now Overrule Moderators
Facebook has allowed its oversight board to decide on moderation decisions on content that remains on both Facebook and Instagram’s social media platforms, when only content that moderators had removed was subject to restoration by the oversight board. The Facebook Oversight Board was created last year to address concerns that the social media company already […]
