Brad Smith, vice chair and president of Microsoft, speaks at Gateway Technical College in Sturtevant, Wisconsin, on May 8, 2024. Alex Wroblewski | Bloomberg | Getty Images A House committee wants Microsoft‘s top lawyer, Brad Smith, to attend a hearing this month on exploits of the company’s software that resulted in hackers obtaining U.S. government … Read more
Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Over the next five years, global cybercrime is expected to reach an estimated annual cost of$10.5 trillion, according … Read more
Just_super | E+ | Getty Images Big technology companies are consuming as much data as possible to become winners in artificial intelligence — but that’s not necessarily what will define winners, according to the boss of software giant Appian. Matt Calkins, co-founder and CEO of Appian, said that though internet giants like Microsoft, Amazon and … Read more
London Drugs is gradually reopening its stores across Western Canada, six days after it shuttered all locations due to a “cybersecurity incident,” the retail and pharmacy chain said. It is working with its nearly 80 stores in British Columbia, Alberta, Saskatchewan and Manitoba individually to get them up and running, said the retailer, headquartered in Richmond, a suburban … Read more
Poland said it was also “among the targets” of the Russian-controlled hacking group that attacked Germany and the Czech Republic. “Poland stands in solidarity with Germany and with Czechia following the malicious cyber campaign against their political parties and democratic institutions,” the Polish foreign ministry said in a statement Friday. The German government said on … Read more
The European Union can impose sanctions against hacking groups. In 2020 it imposed a second round of cyber sanctions on Fancy Bear for its attacks on the German Bundestag in 2015. The European Union’s top diplomat Josep Borrell in a statement “strongly condemn[ed] the malicious cyber campaign” by Fancy Bear against Germany and the Czech … Read more
London Drugs says its phone lines are working again, days after being taken offline in response to a cybersecurity incident. A statement from the Richmond, B.C.-based pharmacy and retail chain also says Canada Post offices inside its stores are up and running again. The company closed all of its stores across Western Canada until further notice after … Read more
SINGAPORE: Law firm Shook Lin & Bok was hit by a ransomware attack in April, it confirmed on Thursday (May 2). The incident was discovered on Apr 9 and the law firm said it immediately engaged a cyber security team. Its systems were contained as of 2am on Apr 10, it said in a statement … Read more
Members of Parliament targeted in a suspected China-backed espionage campaign weren’t informed because the attack was thwarted and didn’t affect them, says a spokesperson for the Speaker’s office. The statement comes a day after parliamentarians called out the government for not informing them that they had been targeted for a pixel reconnaissance cyber attack launched … Read more
Israel is still routing Iran in the real world impacts of cyberattacks, even if the Islamic Republic has rallied to cause increased harm to Israeli websites and through its social media influence campaigns, former IDF Intelligence Corps Unit 8200 Col. (res.) and Team 8 Chief Ideation Officer Bobby Gilburd said. Speaking to The Jerusalem … Read more
