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Cisco slashes thousands of staff, 7% of entire workforce, pivots into AI

Cisco slashes thousands of staff, 7% of entire workforce, pivots into AI 2024-08-15 at 11:32 By Laura Dobberstein Follows the crowd in search for revenue Networking titan Cisco has confirmed in a filing with the Securities Exchange Commission (SEC) that it is eliminating 7 percent of its global workforce as it embarks upon a restructuring […]

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AI stole my job and my work, and the boss didn’t know – or care

AI stole my job and my work, and the boss didn’t know – or care 2024-08-15 at 10:31 By Mark Pesce Everyone knows automation will happen, which is why everyone needs proof of human involvement Column  Earlier this year I got fired and replaced by a robot. And the managers who made the decision didn’t

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GitHub Vulnerability ‘ArtiPACKED’ Exposes Repositories to Potential Takeover

GitHub Vulnerability ‘ArtiPACKED’ Exposes Repositories to Potential Takeover 2024-08-15 at 10:31 By A newly discovered attack vector in GitHub Actions artifacts dubbed ArtiPACKED could be exploited to take over repositories and gain access to organizations’ cloud environments. “A combination of misconfigurations and security flaws can make artifacts leak tokens, both of third party cloud services

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New Cyber Threat Targets Azerbaijan and Israel Diplomats, Stealing Sensitive Data

New Cyber Threat Targets Azerbaijan and Israel Diplomats, Stealing Sensitive Data 2024-08-15 at 10:31 By A previously unknown threat actor has been attributed to a spate of attacks targeting Azerbaijan and Israel with an aim to steal sensitive data. The attack campaign, detected by NSFOCUS on July 1, 2024, leveraged spear-phishing emails to single out

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Over 40 million Kakao Pay users’ data somehow ended up with Alipay

Over 40 million Kakao Pay users’ data somehow ended up with Alipay 2024-08-15 at 09:48 By Laura Dobberstein Payment arm of Korean messaging app denies any illegal activity Kakao Pay, a subsidiary of Korea’s WhatsApp analog Kakao, handed over data from more than 40 million users to the Singaporean arm of Chinese payment platform Alipay,

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New Gafgyt Botnet Variant Targets Weak SSH Passwords for GPU Crypto Mining

New Gafgyt Botnet Variant Targets Weak SSH Passwords for GPU Crypto Mining 2024-08-15 at 09:01 By Cybersecurity researchers have discovered a new variant of the Gafgyt botnet that’s targeting machines with weak SSH passwords to ultimately mine cryptocurrency on compromised instances using their GPU computational power. This indicates that the “IoT botnet is targeting more

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China-linked cyber-spies infect Russian govt, IT sector

China-linked cyber-spies infect Russian govt, IT sector 2024-08-15 at 06:01 By Jessica Lyons No, no, go ahead, don’t let us stop you, Xi Cyber-spies suspected of connections with China have infected “dozens” of computers belonging to Russian government agencies and IT providers with backdoors and trojans since late July, according to Kaspersky.… This article is

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IRS has loads of legacy IT, still has no firm plans to replace it

IRS has loads of legacy IT, still has no firm plans to replace it 2024-08-15 at 00:46 By Brandon Vigliarolo Treasury questions the retirement of the, er, Technology Retirement Office A shuttered IRS office focused on retiring and replacing legacy technology should be reopened, an audit has concluded, so that the US tax collection agency

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Microsoft tweaks fine print to warn everyone not to take its AI seriously

Microsoft tweaks fine print to warn everyone not to take its AI seriously 2024-08-14 at 23:31 By Thomas Claburn Don’t use LLMs for anything important and don’t try to reverse engineer it Microsoft is notifying folks that its AI services should not be taken too seriously, echoing prior service-specific disclaimers.… This article is an excerpt

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Delays? We’re still shipping ‘small quantities’ of Nvidia’s GB200 in Q4, Foxconn insists

Delays? We’re still shipping ‘small quantities’ of Nvidia’s GB200 in Q4, Foxconn insists 2024-08-14 at 22:46 By Tobias Mann Production ramp won’t kick off utill Q1 2025 Nvidia’s alleged Blackwell supply problem may not be as bad as first thought, according to Foxconn executives who claimed they would begin shipping a small volume of GB200

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Russian cyber snoops linked to massive credential-stealing campaign

Russian cyber snoops linked to massive credential-stealing campaign 2024-08-14 at 22:01 By Jessica Lyons Citizen Lab also spots a COLDWASTREL swimming in the Rivers of Phish Russia’s Federal Security Service (FSB) cyberspies, joined by a new digital snooping crew, have been conducting a massive online phishing espionage campaign via phishing against targets in the US

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Texas sues GM for selling driver data to analytics, insurance companies

Texas sues GM for selling driver data to analytics, insurance companies 2024-08-14 at 21:16 By Brandon Vigliarolo Lone Star State alleges GM cashed in with “millions in lump sum payments” from the sale Texas has sued General Motors for what it said is a years-long scheme to collect and sell drivers’ data to third parties

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Black Basta-Linked Attackers Target Users with SystemBC Malware

Black Basta-Linked Attackers Target Users with SystemBC Malware 2024-08-14 at 21:16 By An ongoing social engineering campaign with alleged links to the Black Basta ransomware group has been linked to “multiple intrusion attempts” with the goal of conducting credential theft and deploying a malware dropper called SystemBC. “The initial lure being utilized by the threat

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Enzo Biochem ordered to cough up $4.5 million over lousy security that led to ransomware disaster

Enzo Biochem ordered to cough up $4.5 million over lousy security that led to ransomware disaster 2024-08-14 at 20:16 By Connor Jones Three state attorneys general probed the company and found plenty to chastise Biotech biz Enzo Biochem is being forced to pay three state attorneys general a $4.5 million penalty following a 2023 ransomware

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NASA’s VIPER rover might still reach the lunar surface after all

NASA’s VIPER rover might still reach the lunar surface after all 2024-08-14 at 19:16 By Richard Speed Intuitive Machines tosses hat into the ring for NASA’s canceled trundlebot Intuitive Machines has submitted a bid to save NASA’s VIPER rover, describing the $84 million savings claimed by the US space agency when cutting it as “a

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Reclaim the information advantage from cyber criminals

Reclaim the information advantage from cyber criminals 2024-08-14 at 19:16 By Attackers don’t have to have the information advantage — security professionals can regain and maintain the information advantage. This article is an excerpt from Subscribe to Security Magazine’s RSS Feed View Original Source React to this headline:

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Icelandic group demos private cloud powered by renewables

Icelandic group demos private cloud powered by renewables 2024-08-14 at 18:16 By Dan Robinson Sited in Reykjavík, datacenter running on geothermals and hydropower A consortium of companies is running a proof-of-concept for a turnkey cloud service delivered from a datacenter located in Iceland, powered entirely by renewable energy to help clients meet their Environmental, Social,

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