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SAP checks cloud forecast to find it’s not raining as much revenue as hoped

SAP checks cloud forecast to find it’s not raining as much revenue as hoped 21/07/2023 at 17:37 By Lindsay Clark Yet mission vital to ERP giant’s financial future remains on track SAP has disappointed markets following a readjustment of cloud revenue forecasts despite robust sales in its calendar Q2 profit and loss accounts.… This article […]

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Tesla’s Dojo supercomputer is a billion-dollar bet to make AI better at driving than humans

Tesla’s Dojo supercomputer is a billion-dollar bet to make AI better at driving than humans 21/07/2023 at 16:04 By Dan Robinson More data means better neural net training, but it also means more cores Tesla says it is spending upwards of $1 billion on its Dojo supercomputer between now and the end of 2024 to

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Local Governments Targeted for Ransomware – How to Prevent Falling Victim

Local Governments Targeted for Ransomware – How to Prevent Falling Victim 21/07/2023 at 15:31 By Regardless of the country, local government is essential in most citizens’ lives. It provides many day-to-day services and handles various issues. Therefore, their effects can be far-reaching and deeply felt when security failures occur. In early 2023, Oakland, California, fell victim

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Sophisticated BundleBot Malware Disguised as Google AI Chatbot and Utilities

Sophisticated BundleBot Malware Disguised as Google AI Chatbot and Utilities 21/07/2023 at 15:31 By A new malware strain known as BundleBot has been stealthily operating under the radar by taking advantage of .NET single-file deployment techniques, enabling threat actors to capture sensitive information from compromised hosts. “BundleBot is abusing the dotnet bundle (single-file), self-contained format that

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Watchdog mulls online facial age-verification tech – for kids’ parents

Watchdog mulls online facial age-verification tech – for kids’ parents 21/07/2023 at 14:47 By Jessica Lyons Hardcastle COPPA load of this Technology that estimates how old someone is based on their face geometry may soon be used to verify internet users’ ages, if an approach submitted to the US government gets the green light.… This

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Lawyer sees almost 1,000 complainants sign up to Capita breach class action

Lawyer sees almost 1,000 complainants sign up to Capita breach class action 21/07/2023 at 13:47 By Paul Kunert 95% pertain to pension schemes administered by outsourcing giant, says Barings Law The law firm that last month sent a Letter of Claim to Capita over the breach in late March says it has signed up nearly

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Workday wants racially biased recruitment algorithm claims thrown out

Workday wants racially biased recruitment algorithm claims thrown out 21/07/2023 at 12:47 By Lindsay Clark Case is without merit, finance and HR SaaS vendor insists HR and financial management software vendor Workday has moved to dismiss a class action case which alleges it produced a screening system resulting in racial bias.… This article is an

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DDoS Botnets Hijacking Zyxel Devices to Launch Devastating Attacks

DDoS Botnets Hijacking Zyxel Devices to Launch Devastating Attacks 21/07/2023 at 12:18 By Several distributed denial-of-service (DDoS) botnets have been observed exploiting a critical flaw in Zyxel devices that came to light in April 2023 to gain remote control of vulnerable systems. “Through the capture of exploit traffic, the attacker’s IP address was identified, and

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Citrix NetScaler ADC and Gateway Devices Under Attack: CISA Urges Immediate Action

Citrix NetScaler ADC and Gateway Devices Under Attack: CISA Urges Immediate Action 21/07/2023 at 09:06 By The U.S. Cybersecurity and Infrastructure Security Agency (CISA) issued an advisory on Thursday warning that the newly disclosed critical security flaw in Citrix NetScaler Application Delivery Controller (ADC) and Gateway devices is being abused to drop web shells on

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Mallox Ransomware Exploits Weak MS-SQL Servers to Breach Networks

Mallox Ransomware Exploits Weak MS-SQL Servers to Breach Networks 21/07/2023 at 07:16 By Mallox ransomware activities in 2023 have witnessed a 174% increase when compared to the previous year, new findings from Palo Alto Networks Unit 42 reveal. “Mallox ransomware, like many other ransomware threat actors, follows the double extortion trend: stealing data before encrypting

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Judge lets art trio take another crack at suing AI devs over copyright

Judge lets art trio take another crack at suing AI devs over copyright 21/07/2023 at 05:48 By Katyanna Quach Just the facts, ma’am. More facts, in fact A US federal judge almost threw out a lawsuit brought by artists accusing text-to-image AI developers of copyright infringement, but decided to give the creatives a chance to

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Proposed ban on data brokers selling warrantless personal info to Feds revived

Proposed ban on data brokers selling warrantless personal info to Feds revived 21/07/2023 at 04:34 By Jessica Lyons Hardcastle Plus: Senator teases larger surveillance reform bill coming soon A draft law that would prevent data brokers from selling US citizens’ personal information to law enforcement and federal agencies without a warrant has been advanced by

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TSMC says Arizona fab behind schedule, blames chip geek shortage

TSMC says Arizona fab behind schedule, blames chip geek shortage 21/07/2023 at 03:04 By Tobias Mann Output of 4nm parts stalled until at least 2025 TSMC on Thursday said its under-construction chip fab in Arizona won’t be up and running until at least 2025 due to a shortage of skilled workers.… This article is an

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Tesla to license Full Self-Driving stack to other automakers, says Musk

Tesla to license Full Self-Driving stack to other automakers, says Musk 21/07/2023 at 02:32 By Brandon Vigliarolo Multiple safety investigations, patches for unsafe behavior, and the fact it’s still a beta haven’t dissuaded other OEMs? Tesla CEO Elon Musk let an interesting tidbit slip during yesterday’s Q2 earnings call: his car company has plans to

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Feds want to rewrite rules for competition-crushing merger probes

Feds want to rewrite rules for competition-crushing merger probes 21/07/2023 at 01:49 By Brandon Vigliarolo No more embrace-and-extinguish M&As, but budgetary changes may make enforcement harder The US Federal Trade Commission and Department of Justice have proposed rewritten guidelines on how mergers should be scrutinized by American watchdogs – the goal being to crack down

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Weird radio pulses could be coming from new type of stellar object

Weird radio pulses could be coming from new type of stellar object 21/07/2023 at 01:32 By Katyanna Quach Astronomers puzzled over what is powering GPM J1839−10 Astronomers believe they may have discovered a new type of stellar object after spotting something that has been beaming radio pulses every 22 minutes for more than three decades.…

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MOVEit body count closes in on 400 orgs, 20M+ individuals

MOVEit body count closes in on 400 orgs, 20M+ individuals 21/07/2023 at 00:04 By Jessica Lyons Hardcastle ‘One of the most significant hacks of recent years,’ we’re told The number of victims and costs tied to the MOVEit file transfer hack continues to climb as the fallout from the massive supply chain attack enters week

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Uncle Sam would rather Silicon Valley VCs did not invest in Chinese AI

Uncle Sam would rather Silicon Valley VCs did not invest in Chinese AI 20/07/2023 at 22:32 By Laura Dobberstein Qualcomm’s venture arm among the firms under investigation A US congressional panel is investigating four venture capital firms, including the investment arm of semiconductor company Qualcomm, regarding financing of Chinese AI, semiconductor and quantum technologies.… This

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The rise of AI in SASE applications will fend off cyber threats

The rise of AI in SASE applications will fend off cyber threats 20/07/2023 at 22:32 By One of the major challenges security teams face is understaffing, which makes it difficult to identify and prioritize genuine security threats. This article is an excerpt from Subscribe to Security Magazine’s RSS Feed View Original Source React to this

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