Donut group unleashes its own ransomware for double extortion attacks

The Donut (D0nut) extortion group has revealed its own ransomware for enterprise double-extortion attacks. To avoid detection, it sends ransom notes that are heavily abstracted, with all strings encoded and the JavaScript decoding the ransom note in the browser. These ransom notes include various methods for contacting the threat actors, such as TOX and a […]

DraftKings confirms credential stuffing hack 

DraftKings, a sports betting company, has announced that it would make it up to all customers affected by a credential stuffing attack, which resulted in losses of up to $300,000. The hack happened after the common denominator for all accounts that were hijacked. The hack occurred late Sunday night, the busiest day of the week […]

Zoom records low shares in post pandemic era

Zoom Video Communications shares have fallen roughly 90% since their pandemic peak in October 2020, and things are starting to look a little different as the year comes to a close. The stock is falling as a result of a surge in the pandemic, which has resulted in remote jobs, computer usage, and many other […]

Tax filing websites send users’ financial Information to Facebook for ads

According to an investigation by The Markup, tax filing websites such as TaxAct, TaxSlayer, and H&R Block have been found to be secretly transmitting sensitive financial information to Facebook when Americans file their taxes online via its widespread code known as a pixel that helps developers track user activity on their sites. Meta pixel trackers […]

HP set to lay off 4,000 to 6,000 employees over the next three years

HP has announced plans to lay off 4,000 to 6,000 employees over the next three years, making it the latest tech company to announce job cuts or hiring freezes, following Meta, Microsoft, and Salesforce. The layoffs are said to represent nearly 10% of the company’s current workforce and are part of a larger cost-cutting strategy […]

Investor group led by Hellman & Friedman acquires Zendesk

Following prolonged pressure from activist investor Jana Partners after Zendesk failed to acquire SurveyMonkey parent Momentive Global in a $3.9 billion deal, an investor group led by Hellman & Friedman completed the acquisition of Zendesk in an all-cash transaction valued at approximately $10.2 billion. The acquisition was previously announced on June 24, 2022, and it […]

Tech firms woo Twitter employees fired by Musk

Technology firms looking for employees are taking aim at former Twitter Inc employees who were laid off by Musk, urging them to relocate to their firms where they can thrive and disagree respectfully. “As a leader, getting criticized is part of your job,” Katie Burke, chief people officer at Hubspot wrote in a LinkedIn post. […]