Category: Viral
New data from cloud insurance firm Parametrix sheds light on the financial cost of the massive CrowdStrike outage last week that affected millions of Microsoft devices. The massive CrowdStrike outage that affected millions of Microsoft devices is predicted to cost U.S. Fortune 500 companies $5.4 billion in total direct financial loss, with an average loss…
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‘This year we have got a big one coming [with HashiCorp]. … Part of the discipline is also making sure that we kind of digest them at the right rate and pace and put them into our global market distribution engine,’ says IBM CEO Arvind Krishna on the company’s second-quarter earnings call. IBM exceeded expectations…
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Jul 25, 2024NewsroomCybercrime / Online Safety Meta Platforms on Wednesday said it took steps to remove around 63,000 Instagram accounts in Nigeria that were found to target people with financial sextortion scams. “These included a smaller coordinated network of around 2,500 accounts that we were able to link to a group of around 20 individuals,”…
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Jul 25, 2024NewsroomDNS Security /Vulnerability The Internet Systems Consortium (ISC) has released patches to address multiple security vulnerabilities in the Berkeley Internet Name Domain (BIND) 9 Domain Name System (DNS) software suite that could be exploited to trigger a denial-of-service (DoS) condition. “A cyber threat actor could exploit one of these vulnerabilities to cause a…
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Jul 25, 2024NewsroomCloud Security / Vulnerability Cybersecurity researchers have disclosed a privilege escalation vulnerability impacting Google Cloud Platform’s Cloud Functions service that an attacker could exploit to access other services and sensitive data in an unauthorized manner. Tenable has given the vulnerability the name ConfusedFunction. “An attacker could escalate their privileges to the Default Cloud…
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A zero-day security flaw in Telegram’s mobile app for Android called EvilVideo made it possible for attackers to malicious files disguised as harmless-looking videos. The exploit appeared for sale for an unknown price in an underground forum on June 6, 2024, ESET said. Following responsible disclosure on June 26, the issue was addressed by Telegram…
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Jul 25, 2024NewsroomBrowser Security / Data Protection Google said it’s adding new security warnings when downloading potentially suspicious and malicious files via its Chrome web browser. “We have replaced our previous warning messages with more detailed ones that convey more nuance about the nature of the danger and can help users make more informed decisions,”…
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‘We did send these to our teammates and partners who have been helping customers through this situation,’ according to a CrowdStrike spokesperson. CrowdStrike has confirmed to CRN that it sent partners Uber gift cards that stopped working – a gesture of appreciation mocked online as the cybersecurity vendor and solution providers deal with the fallout…
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ServiceNow says that the company had informed the U.S. Department of Justice, the Department of Defense Office of Inspector General and the Army Suspension and Debarment Office of the investigation and ‘is continuing to cooperate with the Department of Justice, which has commenced its own investigation into these matters.’ ServiceNow said that its president and…
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Unless there’s a concerted effort by a lot more tech industry vendors than just CrowdStrike, it’s unlikely to be the last incident of this kind. Within the software industry, it has long been a cliche´ to point out the inevitability of bugs. As the thinking goes, the world of software is insanely complex, and the…
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