The US Federal Trade Commission (FTC) has reportedly launched a sweeping investigation into Microsoft’s business practices across cloud computing, artificial intelligence, and cybersecurity. The probe follows concerns raised by European authorities and recent high-profile security breaches involving Microsoft products.
CrowdStrike Holdings Inc. (CRWD) saw its shares fall 6.14% in pre-market trading after a weaker-than-expected Q4 earnings forecast, despite exceeding Q3 expectations. The cybersecurity firm’s strong Q3 revenue and earnings are overshadowed by concerns about future growth.
Senator Mark Warner issued a stark warning about escalating cyberattacks from China targeting US telecommunications networks, describing the scale as potentially requiring the replacement of thousands of routers and switches. The attacks, which predate the recent US election, are so severe they dwarf even the SolarWinds incident, according to the Senator.
Microsoft’s vice chair, Brad Smith, calls for a stronger US response to escalating cyberattacks, particularly from Russia and China, highlighting the increasing sophistication and frequency of these attacks and the collaboration between nation-state actors and criminal gangs.
Hackers are leveraging Microsoft’s own email system to launch a sophisticated sextortion scam, using legitimate addresses to bypass security measures and demand Bitcoin ransoms. Experts urge caution and immediate reporting of suspicious emails.
The FBI and CISA have issued a joint statement exposing a major cyber espionage campaign by a Chinese government-linked hacking group, Salt Typhoon, targeting US telecommunications infrastructure. The hackers have compromised networks at multiple companies, stealing customer call data, private communications, and even access to a US wiretap system. This alarming breach highlights the ongoing threat of Chinese cyber activity against US interests.
Despite the constant warnings about cyber security, many users continue to use incredibly weak passwords. NordPass’ annual list of the most popular passwords highlights the alarming reality of password security in 2023, with ‘123456’ taking the top spot for the second year in a row. Discover the most common passwords and learn why choosing strong, unique passwords is crucial for online safety.
CyberArk Software (CYBR) delivered impressive fiscal third-quarter 2024 results, exceeding analyst expectations on both revenue and earnings. The company’s focus on identity security, fueled by a strategic acquisition, is driving strong growth and bolstering its position in the rapidly evolving cybersecurity market. The news sent CYBR stock soaring in pre-market trading.
Amazon has confirmed a data breach affecting one of its property management vendors, exposing employee email addresses, phone numbers, and building locations. The breach, linked to the widespread MOVEit hack, impacts thousands of Amazon employees and raises concerns about the security of third-party vendors. This incident follows other major organizations hit by the MOVEit vulnerability, including the BBC, British Airways, and Sony.
Cybercriminals are using a bizarre search term, ‘Are Bengal Cats Legal in Australia,’ to lure unsuspecting users into malicious websites that infect their computers with harmful malware. This strategy, known as ‘SEO poisoning,’ aims to manipulate search results and exploit low-competition keywords for malicious purposes. Experts urge users to be vigilant and cautious when clicking on search results, especially those that seem unusual or trigger unexpected downloads.
