Study funded by tech industry raises concerns over exclusion of non-EU cloud vendors

According to a study commissioned by the Computer and Communications Industry Association (CCIA), a proposed European Union cloud security label that could exclude non-EU cloud services providers such as Amazon, Google, and Microsoft is discriminatory and could lead to retaliatory measures. The study was conducted by the European Centre for International Political Economy (ECIPE) and […]

New PowerMagic and CommonMagic malware utilized by hackers for data theft

A new article reports that an advanced threat actor has been discovered using a previously unseen malicious framework called CommonMagic and a new backdoor called PowerMagic. The malware pieces have been used in operations since at least September 2021 and continue to target organizations in the administrative, agriculture, and transportation sectors for espionage purposes. Once […]

Majority of mid-sized enterprises have insufficient cybersecurity professionals and incident management strategies

A recent report from Huntress reveals that the majority of businesses in the United States and Canada are mid-sized, and many are struggling to address their cybersecurity challenges. The report surveyed mid-sized businesses on their organizational structure, resources, and cybersecurity strategies. The findings suggest that there are significant gaps in key functions, including planning, staffing, […]

Dispelling the Top 5 Misconceptions About Security in Cloud Computing

During the pandemic, businesses worldwide adopted cloud computing, leading to an increase in data breaches and cyberattacks. Business leaders must implement better strategies to secure their cloud infrastructure. However, many myths and misconceptions surround cloud security. In this article, five myths about cloud computing security are debunked. The first myth is that the cloud is […]

Boosteroid and Microsoft join forces to expand cloud gaming and bring new games to players globally

Microsoft and cloud gaming provider Boosteroid have entered into a 10-year agreement to bring Xbox PC games to Boosteroid’s cloud gaming platform. The partnership will enable Boosteroid customers to stream Activision Blizzard PC titles after Microsoft’s acquisition of the company closes. As a result of the partnership and other recent collaborations, popular franchises such as […]

Hacking forum that suffered a breach ceases operation amid concerns of FBI infiltration

Following the arrest of Breached’s founder and owner, Pompompurin, the remaining administrator, Baphomet, took the site offline and planned to migrate it to a new, untraceable infrastructure. However, Baphomet disclosed in a series of updates that law enforcement likely had access to Pompompurin’s machine, leaving the site’s data and users vulnerable. In response to this […]