Gen Zers Prefer Onsite Work To Remote Work
Despite mainstream media painting the picture that first-time employees are more likely to want increased locational flexibility, a recent poll shows that Gen Z workers prefer to work onsite. A recent survey from youth trend research firm Generation Lab discloses that 40% of university students and recent graduates opt for fully in-office work, with 39% […]
Attackers abusing another threat simulation tool, report warns
Cybersecurity product manufacturers are being urged to adapt their applications to detect abuse of a new commercial attack simulation tool being used by threat actors. The warning, issued today by researchers at Palo Alto Networks’ Unit 42 threat intelligence service, also urges IT and cybersecurity defenders in organizations to watch out for signs of malware […]
Spending On Shared Cloud Infrastructure To Overtake Non-cloud Spending In 2022
According to tech analyst IDC, spending on shared infrastructure is expected to overtake non-cloud spending in 2022. For the full year 2022, IDC forecasts a 22% increase in spending on cloud infrastructure compared to 2021, reaching $90.2 billion. Although this is the highest annual growth rate since 2018, spending on traditional IT infrastructure is expected […]
HackerOne Employee Fired For Using Bug Reports To Claim Bounties
HackerOne has fired an employee for using bug reports submitted by external researchers to claim extra bounties elsewhere. The company was compelled to investigate the issue after a customer filed a complaint on June 22 asking it to investigate “a suspicious vulnerability disclosure made outside of the HackerOne platform.” According to HackerOne co-founder and CISO […]
British Army regains Twitter And YouTube Accounts After Brief Hack
The British Army regained control of its Twitter and YouTube accounts on Sunday after they were hacked and used to briefly display crypto and NFTs ads. “We apologize for the temporary interruption of our feed. We will conduct a full investigation and learn from this incident,” read a post on the @ BritishArmy Twitter handle. […]
Chipmakers Forecast Sharp Drop In Demand
Micron Technology’s forecast on Thursday, which predicts much worse-than-expected sales for the current quarter, sent chip stocks around the world plunging on Friday. Besides Micron, several other chip manufacturers have pointed to a possible decline in demand for chip products. The expected decline in demand for chip products is driven by several factors, in particular, […]
Hackers Allegedly Stole One Billion Chinese Citizens’ Data From Police
A hacker, identified simply as “ChinaDan,” claimed to have stolen data from one billion Chinese citizens from the Shanghai police. ChinaDan posted on hacker forum Breach Forums last week, offering to sell the more than 23 terabytes (TB) of data for 10 Bitcoin. While the authenticity of the data theft has not yet been confirmed, […]
FedEx To Shut down The Final 20% Of Its Mainframes In The Next Two Years
FedEx CIO Rob Carter stated that the company will shut down the last 20% of its mainframes over the next two years. The move, which is part of FedEx’s digital transformation, means that the company will now use its cloud-native architecture to operate the business. Carter pointed out that the move to a zero data center […]
FBI Warn Organizations To Be Wary Of Candidates Using Deepfakes To Apply For Remote Jobs
The FBI is warning organizations to beware of candidates who use deepfakes or stolen personally identifiable information to apply for a variety of remote and work-at-home jobs. Deepfakes include a video, image, or recording that has been convincingly altered and manipulated to portray someone as doing or saying something that has not actually been done […]
Amazon Cloud-storage Business Nears $3 Trillion Value
According to Redburn analyst Alex Haissl, Amazon.com Cloud Unit, Amazon Web Services is heading for a value of US$3 trillion. However, the analyst does not say when the value of US$3 trillion will be reached. Due to the size of the unit, Haissl said, the company will eventually be forced to spin it off from […]
