American Dental Association Hit By Black Basta Ransomware
A new ransomware gang called Black Basta has claimed responsibility for the attack on the American Dental Association. The attackers claimed to have leaked 2.8GB of data, which they believe accounts for about 30% of the stolen data from the attack. Following the claims published on the Black Basta ransomware leak site, the attackers proceeded […]
Musk’s SpaceX Sends 4 Astronauts To Space Station
A Falcon 9 rocket and Crew Dragon spacecraft carried four astronauts to the International Space Station for NASA on Wednesday morning. It is SpaceX’s seventh human spaceflight in less than two years and NASA’s fifth mission to the International Space Station. Crew members include Commander Kjell Lindgren, pilot Bob Hines and mission specialists Jessica Watkins […]
Musk Risk Heavy Fines From EU Over Twitter Moderation Plans
The EU has warned Twitter boss Elon Musk that the social media company could face hefty fines if it fails to comply with the EU’s new digital rules. Commenting on Musk’s plan for moderation and freedom of speech, Thierry Breton, the EU’s commissioner for the Internal Market, said Musk must follow rules to moderate illegal […]
Women And People Of Color Rate Their Candidate Experiences More Positively
According to Talent Board’s 2021 North American benchmark research, women and people of color rates their 2021 candidate experiences the highest. The rankings, which are higher than those of older, male and white candidates highlight a positive trend in diversity and inclusion. The report also noted some positive developments in other areas, including the willingness […]
Companies Still Picking OpEx spending Over CapEx
The pandemic led organizations around the world to shift their investments from capital expenditures (CapEx) to operating expenses (OpEx). Two years later, companies are still picking OpEx spending over CapEx. According to Christopher Gilchrist, a principal research analyst at Forrester, the increase in IT spending over the past two years has shifted much of the […]
Why DDoS Attacks Were At All-time High In Q1 2022
According to published findings from Kaspersky, DDoS attacks were at an all-time high in the first quarter of 2022. According to the cybersecurity firm, the high number of DDoS attacks is due to the ongoing geopolitical crisis in Ukraine. Attacks increased in January and February with an average of 1,406 attacks per day. On January […]
Chip Startups Using Light For Processing Gets Massive Funding
Startups that use computers that use light instead of electricity receive massive financial support. According to data firm PitchBook, silicon photonics startups raised over $750 million in 2021, double the amount in 2020. Silicon photonics uses silicon as an optical medium and uses less energy to transmit data faster than other communication technologies. Since silicon […]
Microsoft Forecast Double-digit Q4 Revenue Growth
Microsoft forecast double-digit revenue for its fourth fiscal quarter after a stellar quarterly report. According to Microsoft, the expected growth is driven by demand for cloud computing services. For the fourth quarter, Microsoft forecast Intelligent Cloud revenue of $21.1 billion to $21.35 billion, driven by strong growth in its Azure platform, which analysts had expected […]
Attackers Deploy Quantum Ransomware In Rapid Network Attacks
Security researchers at The DFIR Report have uncovered the cyber activities of the Quantum ransomware gang which saw the attackers go from initial access to domain-wide ransomware. Described as one of the fastest ransomware cases, the attackers used an IcedID payload delivered via email as the initial access vector. After the initial IcedID payload was […]
Fewer insurers offering cyber coverage — and its harder to get — says Sophos ransomware report
Forty per cent of respondents said fewer companies are offering cyber insurance.
The post Fewer insurers offering cyber coverage — and its harder to get — says Sophos ransomware report first appeared on IT World Canada.
