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Are any of us at all surprised to learn that in just the first quarter of 2019 more than $1.2 billion worth of cryptocurrency was stolen? Probably not. This story follows the old line from bank robber Willie Sutton who is credited with saying that he robbed banks "because that's where the money is."
In IT, we've been hearing about the "cybersecurity skills shortage" for a few years. There is no shortage of statistics and data about it: More than 70 percent of participating organizations reported being impacted by the skills shortage, according to an ESG/ISSA research report. Likewise, more than...
Shoppers soon might see a lot more robots in Walmart stores -- but not toy robots or even human assistant gadgets that are available for purchase. Walmart's new robots will be taking over repeatable, predictable and manual tasks that up to now have been carried out by human employees.
The high-tech industry once again is in a tizzy over flaws discovered in Intel CPUs -- four new microarchitectural data sampling vulnerabilities. MDS is a sub-class of previously disclosed vulnerabilities that sample data leaked from small structures within the CPU using a locally executed speculati...
Many users of Facebook's WhatsApp messaging software are scrambling to patch the program in response to news of a flaw that allowed spyware to be installed on mobile phones running Android and iOS. "This new type of attack is deeply worrying and shows how even the most trusted mobile apps and platfo...
Flexa has launched a new digital payment network that uses cryptocurrencies to cut processing costs, eliminate fraud and preserve users' privacy. The network uses Flexa's Spedn app to process consumer transactions at cooperating merchants. The new payment platform makes it possible to spend Bitcoin,...
Baltimore officials have admitted that the city government once again has been victimized by ransomware -- the second such attack that Baltimore has faced in just over a year. City computers reportedly were infected with the RobinHood ransomware virus. Hackers told city officials that they would unl...
Google showed off its chops in AI and ML, renewed its commitment to giving users greater control over their data, and introduced a new economically priced smartphone during a keynote presentation at its annual I/O conference. "They were there to hammer home the point that when it comes to AI, they a...
Spring may be my favorite time of year. The snow is melting, the sun is shining, and the air smells just a little bit fresher. It's as though the world is setting an example for the rest of us, letting us know that it's time to start fresh. It's time for spring cleaning -- and in the security world,...
Consumers are becoming increasingly concerned about the hacking of their devices and data as they hear about more data breaches and have their own experiences with issues such as ransomware, identity theft and botnet attacks. Concerns about data security also have been shown to increase with ownersh...
Almost two years after the infamous Equifax breach, many organizations still struggle to identify and manage open source risk across their portfolios. Meanwhile, the latest report tracking open source security shows a 40 percent rise in the average number of open source components detected in each c...
A new method for hiding the true location of a website from users of the mobile Chrome Web browser has come to light. Phishers can trick users into revealing their credentials for a legitimate website to operators of a malicious one, security researcher James Fisher reported. Scammers can exploit mo...
Tesla sure didn't have a good week last week, given the kind of press coverage it got. I'm not that worried about Tesla going away, though, as its products are far too popular for it to disappear. On the other hand, management clearly needs to be fixed. What got me started looking at Tesla last week...
The EU Parliament overwhelmingly approved two measures that would integrate the region's fragmented law enforcement and home affairs databases into a centralized one that would include biometric information on some 350 million EU and non-EU citizens. It approved creation of the new system on two vot...
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