Category: AI in news

The imminent release of Cisco HyperShield this month marks a pivotal evolution in the cybersecurity landscape. As an “AI-native” security architecture, HyperShield promises to redefine traditional security protocols through its automated proactive cybersecurity measures and AI-driven security solutions. However, the effectiveness of this sophisticated technology heavily relies on the skilled deployment by IT and Information…

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Friday Squid Blog: The Market for Squid Oil Is Growing How did I not know before now that there was a market for squid oil? The squid oil market has experienced robust growth in recent years, expanding from $4.56 billion in 2023 to $4.94 billion in 2024 at a compound annual growth rate (CAGR) of…

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Getting an MSP ready to be acquired can take a year or more of prepping the team, cleaning up the accounting and understanding the factors that affect its value, according to a panel of experts. Whether looking to expand opportunities as part of a larger organization or looking to retire, the decision to sell an…

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Aug 16, 2024Ravie LakshmananCloud Security / Application Security A large-scale extortion campaign has compromised various organizations by taking advantage of publicly accessible environment variable files (.env) that contain credentials associated with cloud and social media applications. “Multiple security missteps were present in the course of this campaign, including the following: Exposing environment variables, using long-lived…

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‘You need to strengthen your client relationships, your team collaboration and your service consistency. That’s going to increase your efficiency, your operational maturity and, ultimately, your sales, your revenue and your profitability,’ says Ray Mann, channel development manager at ScalePad. Ray Mann, channel development manager at ScalePad, told an audience of MSPs at XChange August…

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‘The pace of change is relentless,’ says Pax8 CEO Scott Chasin. ‘We’re on the cusp of AI reaching human-level intelligence and beyond.’ AI tools are evolving at a rapid pace, with new capabilities coming out every four to six months, and will completely change how IT businesses operate over the next 10 years. “The genie…

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Aug 16, 2024Ravie LakshmananDark Web / Data Breach A 27-year-old Russian national has been sentenced to over three years in prison for peddling financial information, login credentials, and other personally identifying information (PII) on a now-defunct dark web marketplace called Slilpp. Georgy Kavzharadze, 27, of Moscow, Russia, pleaded guilty to one count of conspiracy to…

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Aug 16, 2024Ravie LakshmananMalware / Data Theft Cybersecurity researchers have shed light on a sophisticated information stealer campaign that impersonates legitimate brands to distribute malware like DanaBot and StealC. The activity cluster, orchestrated by Russian-speaking cybercriminals and collectively codenamed Tusk, is said to encompass several sub-campaigns, leveraging the reputation of the platforms to trick users…

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Juan Perez Juan has been writing about IT since the mid-1990s, first as a reporter and editor, and now as a content marketer. He spent the bulk of his journalism career at International Data Group’s IDG News Service, a tech news wire service where he held various positions over the years, including Senior Editor and…

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NIST has released the first encryption algorithms that can protect data against quantum attacks. Plus, MIT launched a new database of AI risks. Meanwhile, the CSA published a paper outlining the unique risks involved in building systems that use LLMs. And get the latest on Q2’s most prevalent malware, the Radar/Dispossessor ransomware gang and CVE…

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