Two Aveva shareholders oppose Schneider takeover bid

Shareholders in software firm Aveva, Canada’s Mawer Investment Management and M&G Investments are proposing to reject French industrial group Schneider Electric’s £9.5 billion pound ($10.37 billion) takeover offer, calling it opportunistic. According to Peter Lampert, portfolio manager at Mawer Investments, the company’s eighth largest shareholder with a 1.5% stake in Aveva, the offer is opportunistic, […]

NASA to let spacecraft plunge into asteroid

NASA’s Double Asteroid Redirection Test (DART) spacecraft will be the first mission to smash into an asteroid called Dimorphos, which poses no threat to Earth, to test a technology designed to protect Earth from potential hazards from asteroids or comets in the future. Dimorphos, a glob of space rock far from Earth that no one […]

Researchers discover new hacker group “Metador”

Researchers from SentinelLabs have uncovered a hacking group called “Metador,” which has been compromising telecom companies, Internet Service Providers (ISPs) and universities for two years. The new threat group was discovered after one of the victims used Singularity, SentinelOne’s advanced XDR detection and response solutions, months after Metador compromised its network. Although Metador was found […]

Data malware ‘Exmatter’ upgraded with new extortion tactics

A new sample of the data exfiltration malware “Exmatter” was discovered by malware analysts with Cyderes Special Operation. The malware now offers improved data corruption capabilities that could guarantee hackers a new extortion tactics for compromising organizations. According to researchers from Stairwell and Cyderes, the new capability could serve as a new tactic and a […]

Python vulnerability puts 350,000 open-source projects at risk

All applications and open-source projects using the Python terfile module are potentially vulnerable, according to cybersecurity company Trellix. Currently, 350,000 open-source projects and applications are at risk. The vulnerability, which is traced as CVE-2007-4559, has a severity of 6.8 and was discovered in 2007. Trellix explained that hackers can exploit the vulnerability by uploading a […]

Russia’s alternative to SWIFT is rapidly expanding

Russia’s central bank has said that SPFS, Russia’s alternative to SWIFT international messaging system, has expanded at a record pace this year, and it intends to step up efforts to address financial shortcomings caused by the penalties imposed in response to Russia’s deployment of tens of thousands of troops to Ukraine. Alla Bakina, director of […]

Musk to activate Starlink in Iran after Secretary of State’s tweet

Elon Musk, CEO of SpaceX, has said that the satellite internet service Starlink will be activated in Iran in response to US Secretary of State Antony Blinken’s tweet that the U.S. had taken steps to promote internet freedom and the free flow of information for Iranians. Due to the protests in Iran in response to […]