Month: May 2024
The semiconductor giant is seeking external funding to help pay for new fabs as part of CEO Pat Gelsinger’s comeback plan, which calls for a major expansion in chip manufacturing capacity in the West to support an expected increase demand for its own products as well as its revitalized contract chip-making business. Intel is close…
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Since April, a new large-scale LockBit Black ransomware campaign has sent millions of phishing emails via the Phorpiex botnet. As New Jersey’s Cybersecurity and Communications Integration Cell (NJCCIC) warned on Friday, the attackers use ZIP attachments containing an executable that deploys the LockBit Black payload, which encrypts the recipients’ systems if launched. The LockBit Black encryptor…
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Thorbecke most recently worked for well-being platform maker Virgin Pulse as it completed a $3 billion merger. ConnectWise has tapped Rik Thorbecke, an executive who most recently worked for well-being platform maker Virgin Pulse as it completed a $3 billion merger, as its new chief financial officer. Thorbecke, who assumes his role on Monday and…
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CISA and the FBI said today that Black Basta ransomware affiliates breached over 500 organizations between April 2022 and May 2024. In a joint report published in collaboration with the Department of Health and Human Services (HHS) and the Multi-State Information Sharing and Analysis Center (MS-ISAC), the two federal agencies added that the gang also…
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Does your organization currently have a cyber insurance policy? Without it, you are missing a critical piece of a holistic security strategy. With increased cyberattacks and expansion in cloud and digital operational technology (OT) assets, organizations face significant costs during and after breaches. This has led to expensive claim payouts by cyber insurance providers, and,…
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Threat actors are using Domain Name System (DNS) tunneling to track when their targets open phishing emails and click on malicious links, and to scan networks for potential vulnerabilities. DNS tunneling is the encoding of data or commands that are sent and retrieved via DNS queries, essentially turning DNS, a fundamental network communication component, into a covert communications channel. The threat actors encode…
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Have I Been Pwned has added the information for 26,818,266 people whose data was leaked in a recent hack of The Post Millennial conservative news website. The Post Millennial is a conservative Canadian online news magazine belonging to the Human Events Media Group, which also operates the American ‘Human Events’ news platform. Earlier this month, both news platforms were hacked,…
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Taking his place is Kevin O’Buckley, a veteran of IBM, GlobalFoundries and Marvell Technologies who will now lead the semiconductor giant’s contract chip manufacturing division, which is a key part of CEO Pat Gelsinger’s comeback plan. Intel said on Monday that the head of the company’s contract chip manufacturing division is retiring and handing the…
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A Korean cybersecurity expert has been sentenced to prison for illegally accessing and distributing private videos from vulnerable “wallpad” cameras in 400,000 private households. The 41-year-old man, who has not been officially named, succeeded in remotely accessing 638 apartment complexes in South Korea. He exploited over 400,000 smart home devices used by residents to operate…
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Firstmac Limited is warning customers that it suffered a data breach a day after the new Embargo cyber-extortion group leaked over 500GB of data allegedly stolen from the firm. Firstmac is a significant player in Australia’s financial services industry, focusing primarily on mortgage lending, investment management, and securitization services. Headquartered in Brisbane, Queensland, and employing 460 people,…
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