Mastercard Canada’s cyber centre of excellence adds collaboration facility
IT developers from around the world can use the facility to test payment-related cybersecurity solutions
The post Mastercard Canada’s cyber centre of excellence adds collaboration facility first appeared on IT World Canada.
Amazon Employees Exit Doubles Due To Low Pay And Increased Competition
An internal metric called “regretted” attrition has shown that the number of Amazon employees leaving the company has doubled in recent years. The metric reached an average of 12.1% since June 2021 accounting for more than double the average in recent years. Regretted attrition is the proportion of employees that Amazon did not want to […]
Tesla Stock Down 49% From All-time High
Tesla shares fell 7% to $628 on Thursday, pushing the automaker’s stock down nearly 49% from its all-time high in November wiping more than $30 billion from its market cap. The decline began after Tesla CEO Elon Musk suggested he would sell about 10% of his stake in November to acquire Twitter. Also, “the worst […]
Ransomware Attacks Leaped 13% In 2021
According to the Verizon Data Breach Investigations Report, the use of ransomware to extort money increased by 13% in 2021 compared to 2020. The report examined 23,896 incidents that led to 5,212 confirmed data breaches. For Alex Pinto, senior manager for security research at Verizon, the reason for the increase in the use of ransomware […]
Voice Phishing Skyrockets 550% Over The Past 12 Months
According to the Quarterly Threat Trends & Intelligence Report co-authored by Agari and PhishLabs, voice phishing has increased by 550% in the last 12 months. The report found that voice phishing has overtaken business email compromise (BEC) as the second most frequently reported response-based email threat since the third quarter of 2021. Emails classified as […]
Microsoft Makes Virtual Developer Workstations Available In The Cloud
Microsoft is building a new developer-target variant on its Azure Virtual Desktop service, called Microsoft Dev Box. Microsoft Dev Box will allow developers to create a virtual machine that is automatically preconfigured in the cloud, eliminating the need to set up physical workstations before working on a project. Microsoft Dev Box was unveiled on May […]
Snap Slash Quarterly Forecast Amid Economy Decline
Snap has cut its quarterly forecast amid a growing economic downturn, adding to a similar decision by the company to reduce the number of job opportunities it will introduce this year. Since April, “the macroeconomic environment has deteriorated further and faster than anticipated. As a result, we believe it is likely that we will report […]
Clearview AI Expand Facial Recognition Software To Companies
Facial recognition company Clearview AI has announced plans to extend its technology to businesses, meaning the company is moving away from its original plan to serve mainly police. New clients include Vaale, a Colombian app-based lending startup, and a U.S. company that sells visitor management systems to schools. Vaale explained that it is introducing Clearview […]
Russia’s Biggest Mobile Operator MTS Sells Used Smartphones At Discount
Russia’s largest mobile operator MTS has announced plans to sell used smartphones at a discounted price, a move that will help tackle the country’s biting inflation. MTS plans to offer smartphones up to 50% cheaper than new devices in its Moscow stores and online. The smartphone brand offered includes Chinese brands such as Huawei, Honor, […]
