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South Korean telco SK Broadband and Netflix call a truce in network payment fight

South Korean telco SK Broadband and Netflix call a truce in network payment fight 18/09/2023 at 09:50 By Laura Dobberstein Maybe better together? Duo announce AI and entertainment product partnership South Korean telecom SK Broadband and Netflix have called a truce in their dispute over who should pay for the trillions of bits of video […]

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Activist investor KKR buys 20 percent of Asian datacenter outfit

Activist investor KKR buys 20 percent of Asian datacenter outfit 18/09/2023 at 08:05 By Laura Dobberstein Owner of Cloudera and Barracuda likes the look of Singtel’s portfolio Global investment firm KKR will acquire a 20 percent stake in the regional datacenter business of major telecom conglomerate Singtel – a move intended to expand its Asian

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Financially Motivated UNC3944 Threat Actor Shifts Focus to Ransomware Attacks

Financially Motivated UNC3944 Threat Actor Shifts Focus to Ransomware Attacks 18/09/2023 at 07:18 By The financially motivated threat actor known as UNC3944 is pivoting to ransomware deployment as part of an expansion to its monetization strategies, Mandiant has revealed. “UNC3944 has demonstrated a stronger focus on stealing large amounts of sensitive data for extortion purposes and they

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37 Signals says cloud repatriation plan has already saved it $1 million

37 Signals says cloud repatriation plan has already saved it $1 million 18/09/2023 at 06:49 By Simon Sharwood CTO David Heinemeier Hansson reckons he’s on track to hit $10 million over five years David Heinemeier Hansson, CTO of SaaS project management outfit 37Signals, has posted an update on the cloud repatriation project he’s led, writing

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Apples to apples: Boffins find a way to make e-waste edible

Apples to apples: Boffins find a way to make e-waste edible 18/09/2023 at 05:33 By Laura Dobberstein We’re rubbish at recycling plastic, but Singaporean scientists think they can make more of it recoverable. Even the hard cases used in electronics Researchers have developed a method to reuse plastics – including those employed in electronics, computers

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SK hynix vice-chair denies selling to Huawei, calls for memory probe

SK hynix vice-chair denies selling to Huawei, calls for memory probe 18/09/2023 at 04:33 By Simon Sharwood PLUS: Hong Kong’s CoinEx crypto exchange frozen; Uber eyes off India; and more! Asia In Brief  SK hynix Vice Chairman Park Jung-ho has denied doing business with Huawei and called for further investigation of the memory in the

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Gandalf chatbot security game counters privacy fireballs

Gandalf chatbot security game counters privacy fireballs 17/09/2023 at 17:47 By Thomas Claburn You shall not pass judgement, Lakera AI insists, because exposed player info was harmless Gandalf, an educational game designed to teach people about the risks of prompt injection attacks on large language models (LLMs), until recently included an unintended expert level: a

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North Korea’s Lazarus Group Suspected in $31 Million CoinEx Heist

North Korea’s Lazarus Group Suspected in $31 Million CoinEx Heist 17/09/2023 at 10:46 By The North Korea-affiliated Lazarus Group has stolen nearly $240 million in cryptocurrency since June 2023, marking a significant escalation of its hacks. According to multiple reports from Certik, Elliptic, and ZachXBT, the infamous hacking group is said to be suspected behind the theft of

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TikTok Faces Massive €345 Million Fine Over Child Data Violations in E.U.

TikTok Faces Massive €345 Million Fine Over Child Data Violations in E.U. 16/09/2023 at 16:16 By The Irish Data Protection Commission (DPC) slapped TikTok with a €345 million (about $368 million) fine for violating the European Union’s General Data Protection Regulation (GDPR) in relation to its handling of children’s data. The investigation, initiated in September

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Probe reveals previously secret Israeli spyware that infects targets via ads

Probe reveals previously secret Israeli spyware that infects targets via ads 16/09/2023 at 12:17 By Jessica Lyons Hardcastle Oh s#!t, Sherlock Israeli software maker Insanet has reportedly developed a commercial product called Sherlock that can infect devices via online adverts to snoop on targets and collect data about them for the biz’s clients.… This article

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Scattered Spider traps 100+ victims in its web as it moves into ransomware

Scattered Spider traps 100+ victims in its web as it moves into ransomware 16/09/2023 at 00:32 By Jessica Lyons Hardcastle Mandiant warns casino raiders are doubling down on ‘monetization strategies’ Scattered Spider, the crew behind at least one of the recent Las Vegas casino IT security breaches, has already hit some 100 organizations during its

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TSMC’s outlook is so fuzzy it’s reportedly stalling fab machine deliveries

TSMC’s outlook is so fuzzy it’s reportedly stalling fab machine deliveries 15/09/2023 at 21:32 By Tobias Mann SEMI predicts factory equipment spending will slide another 15% before rebounding in 2024 Faced with uncertain market conditions, Taiwan Semiconductor Manufacturing Company (TSMC) is said to have temporarily delayed delivery of some advanced chipmaking equipment.… This article is

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FTC charges background check companies for data privacy violations

FTC charges background check companies for data privacy violations 15/09/2023 at 21:01 By Two companies are settling Federal Trade Commission charges claiming that they allowed access to background checks without a permissible purpose. This article is an excerpt from Subscribe to Security Magazine’s RSS Feed View Original Source React to this headline:

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Google throws California $93M to make location tracking lawsuit disappear

Google throws California $93M to make location tracking lawsuit disappear 15/09/2023 at 20:17 By Brandon Vigliarolo Half a percent of last quarter’s net income? That’ll teach ’em Google has been hit with another lawsuit alleging it deceived users about its collection, storage, and use of their location data, this time from the state of California. Yet

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Google exec: Microsoft Teams concession ‘too little, too late’

Google exec: Microsoft Teams concession ‘too little, too late’ 15/09/2023 at 19:17 By Paul Kunert If you don’t tackle Redmond’s abuse of software licensing in rival clouds it’ll be game over for innovation, warns Amit Zavery Google is urging regulators on both sides of the pond to tackle Microsoft’s alleged software licensing abuses in the

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Irish watchdog fines TikTok €345M for mishandling kids’ data

Irish watchdog fines TikTok €345M for mishandling kids’ data 15/09/2023 at 18:17 By Jude Karabus Tok is Tiking for app to bring processing into compliance within 3 months The Irish Data Protection Commission has fined TikTok €345 million ($367 million) for breaking European law over how it processed children’s data.… This article is an excerpt

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Security leaders share thoughts on MGM cyberattack

Security leaders share thoughts on MGM cyberattack 15/09/2023 at 18:17 By Security leaders have shared their thoughts and responses to the recent MGM breach, highlighting the need for stronger cybersecurity measures. This article is an excerpt from Subscribe to Security Magazine’s RSS Feed View Original Source React to this headline:

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Salesforce flipflops from ‘you’re fired’ to ‘you’re hired’ in six short months

Salesforce flipflops from ‘you’re fired’ to ‘you’re hired’ in six short months 15/09/2023 at 17:17 By Lindsay Clark Recruitment U-turn down to search for growth and margins, CEO says Salesforce supremo Marc Benioff has said the company plans to hire 3,300 new staff as it focuses on growth and margins – a little more than

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