President Joe Biden said Tuesday that damage to U.S. businesses in the biggest ransomware attack on record appears minimal, though information remained incomplete. The company whose software was exploited said fewer than 1,500 businesses worldwide appeared compromised but cybersecurity experts caution that the incident isn’t over. Also Tuesday, a security researcher who chatted online with […]
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The Pentagon said it canceled a disputed cloud-computing contract with Microsoft that could eventually have been worth $10 billion. It will instead pursue a deal with both Microsoft and Amazon and possibly other cloud service providers. “With the shifting technology environment, it has become clear that the JEDI Cloud contract, which has long been delayed, […]
Tiktok’s Chinese caretaker company ByteDance debunks any implications of selling Tiktok’s advanced artificial intelligence technology to other companies. Succeeding a published report by the Financial Times stating the Beijing-based company ByteDance will be selling its prominent Tiktok’s AI technology to well thought of list of clients. Allegedly, the client list includes a distinct range […]
The digital world’s exposure to cyberthreats disturbance as potential and targeted attacks shows how cybercrimes has escalated to be one of the most reported crimes, with data breaches and fraud losses to exceed $200 billion over the next 5 years. Following the chain of notorious cyberattacks breaching the security of a plethora of businesses worldwide […]
In the past few weeks, ransomware criminals claimed as trophies at least three North American insurance brokerages that offer policies to help others survive the very network-paralyzing, data-pilfering extortion attacks they themselves apparently suffered. Cybercriminals who hack into corporate and government networks to steal sensitive data for extortion routinely try to learn how much cyber […]
Tim Berners-Lee, the creator of the internet’s source code is auctioning an autographed copy of the source code of the World Wide Web with donations proceeding to charity in $5 million in non-fungible tokens sale (NFT). The sale will offer an immense opportunity to have ownership over a remarkable piece of history that led to […]
Google Cloud and Ericsson announced earlier this week a joint project that will provide new 5G cloud solutions to help communications service providers (CSPs) digitally transform and to unlock new enterprise and consumer use cases. The pair aims to merge Google Cloud’s services with 5G wireless equipment built by Ericsson to develop new solutions at […]
Earlier on June 7, Apple announced its new software, iOS 15, a powerful update with extensive features to enhance and optimize users iPhone experience and privacy. iOS 15 will give users the opportunity to stay connected by linking experiences together in real time, while providing the needed tools to minimize distraction and enhance concentration. Introducing […]
Amazon’s AI-powered HR workforce suffered a malfunction on Monday, leading to it mistakenly firing a number of its Flex drivers, as the company’s independent contractors are placed under the control of a questionable system. Amazon Flex is a new Amazon service allowing individuals to deliver products. The e-commerce giant initiated the program back in 2015 […]
A major wireless technology trade fair kicked off in Barcelona on Monday with scaled-back attendance and beefed-up health and safety measures, changes that reflect the new reality for industry conventions in the pandemic era. Mobile World Congress was canceled at the last minute last year because of COVID-19 concerns. Its 2021 revival makes it one […]