Canada’s big banks, insurers to face tougher cyber tests
New guidance from the federal financial regulator urges institutions to undergo intelligence-led threat assessments every t
Cyber Security Today, Week in Review for the week ending Friday, April 21, 2023
A discussion on the supply chain attack that led to the 3CX supply chain attack, how organizations using Fortra’s vulnerable GoAnywhere MFT platform might have stopped ransomware attacks, sensitive data found on used router
Mandiant tracks 3,500 cyber threat groups in 2022
Mandiant disclosed that the number of cyber threat groups it is monitoring has increased to 3,500 in 2022, an increase of 900 from the previous year, with 265 discovered for the first time during the company’s investigations. These organizations were discovered to be financially driven, government-sponsored, and 335 uncategorized organizations. According to Mandiant’s analysis on […]
Ransomware attacks surge by 91% in March
According to the latest monthly threat analysis from the NCC Group’s Global Threat Intelligence Team, ransomware assaults have increased dramatically. The research says ransomware assaults increased 91% in March compared to February, and 62% compared to the same month last year. This is the most monthly ransomware assaults the organisation has ever reported. Cl0p, a […]
Krishna says hybrid cloud and AI will accelerate IBM’s revenue
Arvind Krishna, CEO of IBM, indicated that the corporation is relying on hybrid cloud and AI to fuel its development. Krishna revealed this during a Q1 2023 earnings call, and he added that the company’s sales increased by 4.5% year over year in constant currency and 0.4% in real dollars for the three months ending […]
Google Cloud launches consulting services unit
Google Cloud has announced the creation of a new consulting services section known as Google Cloud Consulting to help new and existing corporate clients. The unit will provide a range of services that combine several specialities into a single location. Customers will be able to more easily pick the suitable bundle of services for their […]
Oracle integrates AI into human capital & supply chain management
Oracle has integrated artificial intelligence (AI) into its human capital and supply chain management systems in order to meet the must-have trend of 2023. AI-powered lead time estimations in Oracle Supply Chain Planning, which use machine learning to identify deviations based on actual performance and enhance the accuracy of lead time assumptions, are among the […]
Google forms new AI research unit, Google DeepMind
Google has announced the formation of a new subsidiary dubbed Google DeepMind. This division will unite Google Research’s DeepMind and Google Brain teams, and will work closely with other Google product divisions to generate AI research and products. The business will form a scientific board overseen by DeepMind’s VP of Research, Koray Kavukcuoglu, to assess […]
Citigroup expands workforce with 8,000 technologists
Citigroup has announced the addition of 8,000 technologists to its transformation staff. It announced in its Q1 2023 earnings results presentation that it currently has over 12,000 personnel devoted to the company’s transformation. The employment of technologists is part of a larger modernisation effort. According to CFO Mark Mason, technology-related spending increased 12% year on […]
Cyber Security Today, April 21, 2023 – Is the LockBit ransomware gang slipping, or is IT allowing them to look good?
This podcast looks at slips by the LockBit ransomware gang, and how one attack was helped by poor cyb
