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GlobalWafers scores $400M to help build US’s first 300mm wafer plants in Texas and Missouri

GlobalWafers scores $400M to help build US’s first 300mm wafer plants in Texas and Missouri 2024-07-17 at 19:01 By Matthew Connatser CHIPS ACT grant will help cover the Taiwanese semiconductor firm’s $4B budget US government is granting GlobalWafers up to $400 million in CHIPS Act cash to help fund its 300mm wafer manufacturing facilities in […]

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Ransomware continues to pile on costs for critical infrastructure victims

Ransomware continues to pile on costs for critical infrastructure victims 2024-07-17 at 18:16 By Connor Jones Millions more spent without any improvement in recovery times Costs associated with ransomware attacks on critical national infrastructure (CNI) organizations skyrocketed in the past year.… This article is an excerpt from The Register View Original Source

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FOSS funding vanishes from EU’s 2025 Horizon program plans

FOSS funding vanishes from EU’s 2025 Horizon program plans 2024-07-17 at 17:32 By Brandon Vigliarolo Elimination of most Next Generation Internet funding ‘incomprehensible,’ says OW2 CEO Pierre-Yves Gibello Funding for free and open source software (FOSS) initiatives under the EU’s Horizon program has mostly vanished from next year’s proposal, claim advocates who are worried for

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What exactly did Microsoft promise CISPE in its settlement?

What exactly did Microsoft promise CISPE in its settlement? 2024-07-17 at 16:46 By Richard Speed Analysts: ‘At the end of the day, the settlement is nothing’ Analysis  Microsoft’s deal to settle an antitrust complaint taken to the European Commission by a group of cloud providers is good for Microsoft, but no so meaningful for enterprise

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Rising ASML sales overshadowed by fears of more drastic US restrictions

Rising ASML sales overshadowed by fears of more drastic US restrictions 2024-07-17 at 16:17 By Dan Robinson Market immediately responds as shares in Dutch maker of crucial photolithography tech dip Europe’s tech darling ASML is forecasting increased sales following a mixed calendar Q2, but its share price is down amid talk of tighter restrictions on

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Mega-city’s Oracle system won’t have effective cash management until 2025

Mega-city’s Oracle system won’t have effective cash management until 2025 2024-07-17 at 15:32 By Lindsay Clark Birmingham, Europe’s largest local authority, plans to reimplement software years after it replaced SAP Europe’s largest local authority will not have a fully functioning cash system until April next year, three years after it went live on an Oracle

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London council accuses watchdog of ‘exaggerating’ danger of 2020 raid on residents’ data

London council accuses watchdog of ‘exaggerating’ danger of 2020 raid on residents’ data 2024-07-17 at 14:48 By Connor Jones You escaped a big fat fine! Take the win and run, won’t you? London’s inner city district of Hackney says the UK’s data protection watchdog has misunderstood and “exaggerated” details surrounding a ransomware attack on its

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Navigating Insider Risks: Are your Employees Enabling External Threats?

Navigating Insider Risks: Are your Employees Enabling External Threats? 2024-07-17 at 14:16 By Attacks on your network are often meticulously planned operations launched by sophisticated threats. Sometimes your technical fortifications provide a formidable challenge, and the attack requires assistance from the inside to succeed. For example, in 2022, the FBI issued a warning1 that SIM

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FIN7 Group Advertises Security-Bypassing Tool on Dark Web Forums

FIN7 Group Advertises Security-Bypassing Tool on Dark Web Forums 2024-07-17 at 14:16 By The financially motivated threat actor known as FIN7 has been observed using multiple pseudonyms across several underground forums to likely advertise a tool known to be used by ransomware groups like Black Basta. “AvNeutralizer (aka AuKill), a highly specialized tool developed by

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China-linked APT17 Targets Italian Companies with 9002 RAT Malware

China-linked APT17 Targets Italian Companies with 9002 RAT Malware 2024-07-17 at 12:01 By A China-linked threat actor called APT17 has been observed targeting Italian companies and government entities using a variant of a known malware referred to as 9002 RAT. The two targeted attacks took place on June 24 and July 2, 2024, Italian cybersecurity

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Craig Wright admits he isn’t the inventor of Bitcoin after High Court judgment in UK

Craig Wright admits he isn’t the inventor of Bitcoin after High Court judgment in UK 2024-07-17 at 10:36 By Matthew Connatser Ozzie definitely not Satoshi Nakamoto, faces £6M legal bill and possible perjury trial Australian Craig Wright has finally admitted he is not the inventor of Bitcoin after losing several cases in the High Court

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Scattered Spider Adopts RansomHub and Qilin Ransomware for Cyber Attacks

Scattered Spider Adopts RansomHub and Qilin Ransomware for Cyber Attacks 2024-07-17 at 10:01 By The infamous cybercrime group known as Scattered Spider has incorporated ransomware strains such as RansomHub and Qilin into its arsenal, Microsoft has revealed. Scattered Spider is the designation given to a threat actor that’s known for its sophisticated social engineering schemes

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ESA starts work on planetary defence mission, because Bruce Willis is retired

ESA starts work on planetary defence mission, because Bruce Willis is retired 2024-07-17 at 09:46 By Laura Dobberstein Asteroid Apophis will come within 32,000km of Earth in 2029, which makes it very much worth a visit The European Space Agency has begun work on a planetary defence mission that will intercept an asteroid predicted to

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