Toronto Pwn2Own hacking contest awards over $980,000 to bug hunters

Security researchers picked up US$989,750 in prizes for demonstrating 63 unique zero day vulnerabilities in consumer and small office products during the four-day Toronto edition of the Pwn2Own hacking contest. The biggest bundle of cash went to a team from Devcore Security Consulting of Taiwan, which won US$142,500. As a result it was named the

Chinese newspaper, Global Times fumes at TSMC over new Arizona fab

The Chinese newspaper Global Times has slammed Taiwan Semiconductor Manufacturing Co (TSMCinvestment )’s in Arizona as a “dark turn” in the global semiconductor industry, accusing Washington of duping the world’s most advanced chip maker into establishing a wafer fab in the U.S. This follows the announcement of Taiwan Semiconductor Manufacturing Co (TSMC) as United States […]

TrueBot malware used by Clop ransomware to gain network access

Cisco Talos, a cybersecurity research firm, has reported an increase in TrueBot infections, primarily targeting Mexico, Brazil, Pakistan, and the United States. Recent attacks made use of a now-patched vulnerability (CVE-2022-31199) in Netwrix Auditor, an IT asset management tool, as well as the Raspberry Robin worm. The experts emphasized that the attacks occurred only a […]

Australian court rule in favor of Google in a data privacy case

The Australian Competition and Consumer Commission announced on Friday that a court dismissed its lawsuit against Google, alleging that consumers were led astray about the expansive use of private information for targeted advertising. The Australian Competition and Consumer Commission initiated the litigation in July 2020, alleging Google did not obtain full permission from users regarding […]

SAP no longer developing new functions for Business ByDesign software

SAP will stop developing new functions for its Business ByDesign software for small and medium-sized businesses in the second quarter of 2023, according to the German daily Handelsblatt on Friday. SAP Business ByDesign (ByD) is a cloud enterprise resource planning (Cloud ERP) software (SaaS)[1] that SAP SE sells and operates as software as a service. […]

EU antitrust agencies to probe Broadcom’s planned $61B acquisition of VMware

According to reports, EU antitrust regulators intend to launch a full-scale investigation into Broadcom Inc.’s $61 billion acquisition of VMware Inc. The proposed acquisition, the second largest globally so far this year, highlights Broadcom’s attempt to diversify its business into enterprise software, but it comes as regulators around the world tighten their scrutiny of Big […]

Twitter to roll out new controls for ad placements

Twitter has informed advertisers that it will implement controls that will prevent their ads from appearing above or below tweets containing specific keywords. The new controls are part of Twitter’s effort to convince and entice advertisers who have pulled ads from the platform since it was purchased in October by billionaire Elon Musk, amid reports […]