Security News
Economic perils notwithstanding, 94% of tech leaders are committed to investing in new tools and technologies, including AI, according to a survey by EY. The new poll suggests tech leaders view this investment strategy, particularly for cybersecurity, as a way to weather geopolitical uncertainty and the economic downturn. Ken Englund, the technology, media and telecommunications leader for EY Americas, said in the press release about this EY survey that the results suggest resiliency in the face of buffeting uncertainties.
Even in the face of ongoing global economic uncertainty, the Linux Foundation's 2023 State of Tech Talent Report found that many organizations plan to increase their staff in 2023 and do not anticipate employment reductions or freezes to balance those increases. Economic concerns did cause 59% of organizations to revise their 2023 hiring plans for tech roles, primarily by freezing new positions.
Tech companies must take SaaS security seriously to prevent resources from leaking or being stolen. A strong SaaS posture is important for any company, but it is particularly important for organizations that store their proprietary code in SaaS applications.
Swiss multinational company ABB, a leading electrification and automation technology provider, has suffered a Black Basta ransomware attack, reportedly impacting business operations.On May 7th, the company fell victim to a ransomware attack conducted by Black Basta, a cybercrime group that surfaced in April 2022.
EU MEPs want to start the public body - along with a host of other recommendations contained in a report that landed last night - after the so-called PEGA committee spent over a year looking into the use of Pegasus and equivalent spyware. In April, Citizen Lab and Microsoft both reported that a zero-click exploit allegedly developed by Israeli spyware company QuaDream - called "Reign" - was used to deliver spyware on devices running Apple's iOS 14 on victims' phones.
The Commission adopted the first designation decisions under the Digital Services Act, designating 17 Very Large Online Platforms and 2 Very Large Online Search Engines that reach at least 45 million monthly active users. Following their designation, the companies will now have to comply, within four months, with the full set of new obligations under the DSA. These aim at empowering and protecting users online, including minors, by requiring the designated services to assess and mitigate their systemic risks and to provide robust content moderation tools.
International Talk Like a Pirate Day is still months away - circle September 19th on your calendar, me hearties! - but The Register has found news of technology smuggling in China that suggests a buccaneering approach to imports. One incident, reported by Chinese media outlet MyDrivers, saw Chinese customs authorities notice a man wearing ill-fitting black clothing attempt to pass through Gongbei Port, the entry point from Macau to China.
Though 65% of tech team leaders have been asked to cut costs, 72% still plan to increase their investment in tech skill development in 2023. 67% of tech managers reported that workforce reductions in their organization across software, IT, and data have resulted in their teams taking on more responsibility, while 47% of technologists agree they have had to perform additional responsibilities outside of their primary job function.
Boeing said on Tuesday its anti-jam ground-based satellite communications system had passed the necessary tests to validate it for use in the U.S. Space Force's Pathfinder program. The tests proved PTW was resistant to jamming but also validated hardware and software integration between PTES and the Department of Defense's satellite communications architecture.
Three of the principals of an Australian scheme that offered free payroll services to tech contractors have been found guilty of conspiring to defraud the Commonwealth and conspiring to deal with the proceeds of crime. Plutus Payroll claimed it could offer a free service because it was paid in advance by employers that hired contractors, and was not obliged to make income tax payments instantly.