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Payoff from AI projects is ‘dismal’, biz leaders complain

Payoff from AI projects is ‘dismal’, biz leaders complain 2024-06-12 at 16:16 By Thomas Claburn No wonder most orgs are slowing their spending Businesses have become more cautious about investing in artificial intelligence tools due to concerns about cost, data security, and safety, according to a study conducted by Lucidworks, a provider of e-commerce search […]

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Microsoft sued by ParTec in Texas over AI supercomputer patents

Microsoft sued by ParTec in Texas over AI supercomputer patents 2024-06-12 at 15:46 By Dan Robinson German HPC outfit asks for damages, injunction that would see Azure AI shut down Microsoft is facing legal action from German HPC vendor ParTec over claims of patent infringement relating to technology used in putting together AI supercomputers.… This

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Tesla’s Autopilot false advertising tussle with California DMV must go to trial

Tesla’s Autopilot false advertising tussle with California DMV must go to trial 2024-06-12 at 15:16 By Richard Speed At stake: Carmaker’s licenses to make and sell motor vehicles in golden state A California judge has rejected Tesla’s bid to dismiss claims that the self-driving capabilities of its vehicles were overstated.… This article is an excerpt

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When Vendors Overstep – Identifying the AI You Don’t Need

When Vendors Overstep – Identifying the AI You Don’t Need 2024-06-12 at 15:16 By Alastair Paterson AI models are nothing without vast data sets to train them and vendors will be increasingly tempted to harvest as much data as they can and answer any questions later. The post When Vendors Overstep – Identifying the AI

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Lessons from the Ticketmaster-Snowflake Breach

Lessons from the Ticketmaster-Snowflake Breach 2024-06-12 at 14:46 By Last week, the notorious hacker gang, ShinyHunters, sent shockwaves across the globe by allegedly plundering 1.3 terabytes of data from 560 million Ticketmaster users. This colossal breach, with a price tag of $500,000, could expose the personal information of a massive swath of the live event

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Black Basta Ransomware May Have Exploited MS Windows Zero-Day Flaw

Black Basta Ransomware May Have Exploited MS Windows Zero-Day Flaw 2024-06-12 at 14:46 By Threat actors linked to the Black Basta ransomware may have exploited a recently disclosed privilege escalation flaw in the Microsoft Windows Error Reporting Service as zero-day, according to new findings from Symantec. The security flaw in question is CVE-2024-26169 (CVSS score:

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AMD’s DC chief happy to work with Intel and others to chip away at Nvidia’s AI empire

AMD’s DC chief happy to work with Intel and others to chip away at Nvidia’s AI empire 2024-06-12 at 14:31 By Tobias Mann ‘If everybody’s got their own little ecosystem, it’s very inefficient’ AMD and Intel have been rivals for decades, but there’s at least one thing they can agree on: they have a common

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Ransomware Attackers May Have Used Privilege Escalation Vulnerability as Zero-day

Ransomware Attackers May Have Used Privilege Escalation Vulnerability as Zero-day 2024-06-12 at 13:16 By Threat Hunter Team Some evidence to suggest that attackers linked to Black Basta compiled CVE-2024-26169 exploit prior to patching. This article is an excerpt from Broadcom Software Blogs View Original Source

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Ransomware Attackers May Have Used Privilege Escalation Vulnerability as Zero-day

Ransomware Attackers May Have Used Privilege Escalation Vulnerability as Zero-day 2024-06-12 at 13:16 By Threat Hunter Team Some evidence to suggest that attackers linked to Black Basta compiled CVE-2024-26169 exploit prior to patching. This article is an excerpt from Broadcom Software Blogs View Original Source

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Ransomware Attackers May Have Used Privilege Escalation Vulnerability as Zero-day

Ransomware Attackers May Have Used Privilege Escalation Vulnerability as Zero-day 2024-06-12 at 13:16 By Threat Hunter Team Some evidence to suggest that attackers linked to Black Basta compiled CVE-2024-26169 exploit prior to patching. This article is an excerpt from Broadcom Software Blogs View Original Source

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China-Backed Hackers Exploit Fortinet Flaw, Infecting 20,000 Systems Globally

China-Backed Hackers Exploit Fortinet Flaw, Infecting 20,000 Systems Globally 2024-06-12 at 12:16 By State-sponsored threat actors backed by China gained access to 20,000 Fortinet FortiGate systems worldwide by exploiting a known critical security flaw between 2022 and 2023, indicating that the operation had a broader impact than previously known. “The state actor behind this campaign

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New Phishing Campaign Deploys WARMCOOKIE Backdoor Targeting Job Seekers

New Phishing Campaign Deploys WARMCOOKIE Backdoor Targeting Job Seekers 2024-06-12 at 12:16 By Cybersecurity researchers have disclosed details of an ongoing phishing campaign that leverages recruiting- and job-themed lures to deliver a Windows-based backdoor named WARMCOOKIE. “WARMCOOKIE appears to be an initial backdoor tool used to scout out victim networks and deploy additional payloads,” Elastic

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Kyndryl and Apollo Global linked to bid for DXC Technology

Kyndryl and Apollo Global linked to bid for DXC Technology 2024-06-12 at 11:46 By Paul Kunert Creating economies of scale by merging ever-shrinking infrastructure services businesses DXC Technology, the beleaguered tech services provider that emerged from the alliance between HPE Enterprise Services and CSC then lost billions in revenue, is again reportedly the subject of

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Microsoft’s Recall should be celebrated as the saviour of SMEs and scourge of CEOs

Microsoft’s Recall should be celebrated as the saviour of SMEs and scourge of CEOs 2024-06-12 at 09:46 By Mark Pesce Small businesses have seldom had the chance to understand how they work. A history of PC use makes it possible Column  A year and a half into the explosion of AI fueled by ChatGPT, the

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Advania acquires Servium as part of IT services outfit expansion plans

Advania acquires Servium as part of IT services outfit expansion plans 2024-06-12 at 09:16 By Richard Speed CEO tells The Reg about plumping the portfolio and AI Exclusive  IT services biz Advania is buying UK IT solutions provider reseller Servium as it continues to bulk out ops.… This article is an excerpt from The Register

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