SolarWinds executives face SEC action over 2020 hack
The U.S. Securities and Exchange Commission (SEC) has issued a Wells notice to SolarWinds officials in connection with the 2020 breach, which corrupted the company’s software and allowed hackers to access the networks of thousands of businesses and government entities. A Wells notice informs a corporation that the SEC plans to pursue enforcement action against […]
IBM to acquire Apptio for $5 billion
According to Wall Street Journal, IBM is nearing a deal to acquire software company Apptio from Vista Equity Partners, for about $5 billion in an all-cash deal. The deal would reportedly give IBM access to Apptio’s cloud-based IT management software, which helps businesses track and optimize their IT spending, and bolster its cloud and automation […]
Linux and IoT devices targeted in cryptomining campaign
Microsoft has issued a warning about a new cryptomining assault targeting Linux computers and IoT devices, which is allegedly being deployed by asterzeu, who is already selling the toolkit on the malware-as-a-service market. The attackers employ a backdoor to gain control of the devices and steal resources for cryptocurrency mining. They also install a customized […]
Twitter hacker sentenced to 5 years in prison
A British hacker, Joseph James O’Connor, 24, who was part of a group that broke into dozens of high-profile Twitter accounts in 2020 has been sentenced to five years in prison. O’Connor was sentenced in a New York federal court to five years in prison after pleading guilty in May to four counts of computer […]
Red Hat limits Red Hat Enterprise Linux (RHEL) source code access
Red Hat has announced that it will no longer provide public access to the source code of Red Hat Enterprise Linux (RHEL). Under the new policy, only the source code of CentOS Stream will be publicly available. However, customers are prohibited from sharing the code. This means that downstream projects will no longer be able […]
Energy producer Suncor admits ‘cyber security incident’
A major Canadian energy producer and owner of the Petro-Can gas station network has acknowledged suffering an undefined cyber attack. In a brief news release late Sunday, Suncor Engery said it “has experienced a cyber security incident. The company is taking measures and working with third-party experts to investigate and resolve the situation, and has
Musk and Zuckerberg cage match sparks excitement in tech industry
Elon Musk and Mark Zuckerberg’s proposed cage match has sparked excitement in the tech industry. The challenge was issued by Musk in a tweet, in which he wrote: “I’m challenging @Meta’s Mark Zuckerberg to a cage match. Settle this the old-fashioned way.” Zuckerberg then responded, asking Musk to provide him with the location for the […]
Australia proposes legislation to combat online misinformation
The Australian government has proposed new legislation that would give the country’s media watchdog, the Australian Communications and Media Authority (ACMA), new powers to combat online misinformation. The proposed legislation would allow the ACMA to require digital platforms to keep certain records about matters regarding misinformation and disinformation, and to turn them over when requested. […]
Meta to restrict news in Canada after new law
Meta, the parent company of Facebook and Instagram, has said it will restrict news on its platforms to Canadian consumers after parliament passed a controversial online news bill. The bill, known as the Online News Act, forces big platforms like Meta and Google to compensate news publishers for content posted on their sites. Meta said […]
Amazon invests $100 million in Generative AI Innovation Center
Amazon Web Services (AWS) has announced a $100 million investment in the AWS Generative AI Innovation Center, a new program that will help customers develop and deploy new kinds of artificial intelligence (AI) products using generative AI technology. The AWS Generative AI Innovation Center will provide customers with access to AWS experts in AI and […]
