Dollar spending on technology

Insurance company AXA faces ransomware attack

Cybercriminals have hit four Asian subsidiaries of the Paris-based insurance company AXA with a ransomware attack, impacting operations in Thailand, Malaysia, Hong Kong and...
Toshiba at electronica China 2015

DarkSide ransomware group hacks Toshiba Tec

DarkSide ransomware group has hacked Toshiba Tec Corp, which makes products such as bar code printers and is valued at $2.3 billion. DarkSide is widely...
Cisco networking business

Cisco buys cybersecurity company Kenna Security

Cisco has agreed to acquire Kenna Security, a cybersecurity company headquartered in Santa Clara, Calif. Kenna Security is a leader in risk-based vulnerability prioritization with...
Colonial Pipeline cyber attack

Colonial Pipeline paid hackers $5 mn in ransom to re-start operations

Colonial Pipeline has paid nearly $5 million in ransom to Eastern European hackers on Friday, Bloomberg reported.The Bloomberg report contradicts earlier reports that said...
Cybersecurity for CSOs

US signs executive order strengthening cybersecurity defenses

President Joe Biden signed an executive order on Wednesday aimed at strengthening U.S. cybersecurity defenses.The action comes as Colonial Pipeline continues to grapple with a crippling ransomware...
Apple AirTag security issue

Can hack Apple AirTag and modify item tracker software

Security researcher Stack Smashing said that he was able to break into the microcontroller of the Apple AirTag and modified elements of the item...
Colonial Pipeline and IT investment

Cyber attack forces Colonial Pipeline to shut fuel network

Colonial Pipeline, one of the leading U.S. fuel pipeline operators, has shut its network after a cyber attack, Reuters reported. Colonial Pipeline’s network supplies fuel...
Cisco Live

Positive Technologies identifies vulnerabilities in Cisco firewalls

Positive Technologies said it has identified vulnerabilities in Cisco Systems firewalls and Cisco has implemented fixes. Cisco Systems has conveyed its thanks to Positive Technologies...
Cybersecurity for CSOs

Thoma Bravo buys cybersecurity firm Proofpoint for $10.1 bn

Private equity firm Thoma Bravo would buy cybersecurity firm Proofpoint for about $10.1 billion. Cybersecurity industry funding reached an all-time high of $11.4 billion last...
Quanta Computer

REvil attacks Quanta Computer, demands $50 mn as ransom

Apple supplier Quanta Computer said on Wednesday it does not expect any material business impact from a ransomware attack, after media reports that a...



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