The Cybersecurity and Infrastructure Security Agency (CISA) on May 22 issued an advisory that Commvault has been monitoring cyber threat activity that was targeting applications hosted in its Microsoft Azure cloud environment.CISA said it believes the threat activity may be part of a larger campaign targeting various software-as-a-service (SaaS) companies’ cloud apps with default configurations … Read more
President Donald Trump’s administration has taken a tougher stance on Chinese technology advances, warning companies around the world that using artificial intelligence chips made by Huawei could trigger criminal penalties for violating US export controls. The commerce department issued guidance to clarify that Huawei’s Ascend processors were subject to export controls because they almost certainly … Read more
A known Russian cybercrime outfit has armed itself with a new malware suite that allows for the theft of user accounts and credentials, posing a substantial threat to organizations in the West.The group known as “ColdRiver” has been spotted in the wild using a previously unknown piece of data-stealing malware designated as “LostKeys.” According to … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Toyota has warned operating profits will fall 21 per cent this fiscal year due to the fallout from President Donald Trump’s trade war, increasing the pressure on Japan to reach a deal on tariffs with … Read more
By Brian HIll A new study by the Ponemon Institute points to a concerning use of AI: deepfake attacks are on the rise and are taking a financial and reputational toll on companies and their executives. Related: Tools to fight deepfakes Deepfake Deception: How AI Harms the Fortunes and Reputations of Executives and Corporations details the … Read more