Chinese Groups Use Ransomware As Lure For Cyber Espionage

Threat analysts from Secureworks have uncovered the activities of two Chinese hacking groups that use ransomware as a decoy for cyber espionage. Ransomware as a decoy allows attackers to cover their tracks, complicate attribution, and distract defenders. The two cluster of hacker activities are “Bronze Riverside” (APT41), and “Bronze Starlight” (APT10). Both use the HUI […]

Netflix Cuts 300 More Jobs In Fight Against Slowing Growth

Netflix has announced its decision to cut 300 more jobs as it grapples with slowing growth and stiff competition. The 300 staff make up 4% of Netflix’s workforce, mainly in the U.S. and will supplement the 150 redundancies made in May. “While we continue to invest significantly in the business, we made these adjustments so […]

Amazon Previews Machine Learning-powered Tool

Amazon has unveiled CodeWhisperer, a machine learning tool for developers designed to increase programmers productivity while mitigating risks such as prejudice, security, vulnerabilities, and bugs. CodeWhisperer has a built-in security scanner to detect vulnerabilities in developers’ projects. It also has a built-in reference tracking function to see if a code recommendation resembles specific CodeWhisperer training […]

Intel Seeks Interest Of $624 Million On EU Fine Overturned

Intel is demanding $624 million in interest on the overturned $1.1 billion penalty it received from the European Commission in 2019 for anti-competitive practices. Intel is also appealing to the court to impose additional interest on late payments of these fees. Intel was accused of anti-competitive practices. The company was accused of offering conditional rebates […]

Apple and Android smartphones hacked by Italian spyware, Google

According to Google, an Italian company, RCS Lab uses hacking tools to spy on Apple and Android smartphones in Italy and Kazakhstan. Google researchers also found that RCS Lab had previously worked with the controversial, now-defunct Italian spy firm Hacking Team, which had previously developed surveillance software for foreign governments to tap into phones and […]

Cyber Security Today, June 24, 2022 – Unpatched VMware applications still being exploited, ransomware used as a decoy, and a COVID text scam

Unpatched VMware applications are still being exploited, ransomware used as a decoy, and a COVID text scam. Welcome to Cyber Security Today. It’s Friday, June 24th, 2022. I’m Howard Solomon, contributing reporter on cybersecurity for ITWorldCanada.com.   It’s hard to believe with all of the news stories earlier this year, but threat actors continue to

Mark Zuckerberg Hints Meta OS, Projects Billions In Metaverse Revenue

A Meta Platforms-built operating system could be in the offing as CEO Mark Zuckerberg forecasts the metaverse to be a major part of the tech giant’s business this decade. Zuckerberg remains open to the idea of having an operating system for his company’s numerous platforms and hardware to create the metaverse, an immersive virtual reality, […]

5G Expansion To Render Starlink Unusable For Americans – SpaceX

SpaceX, Dish Network and other 5G providers are in a head to head battle over radio frequencies, trading barbs on how one service negatively impacts the other. SpaceX alleges that if federal regulators permit 5G wireless networks to use a particular band of spectrum,this can potentially result in widespread outages for its Starlink internet customers. […]