Cybersecurity
American Water, largest water utility, hit by cyberattack at time of rising threats against U.S. water supply
Picture Alliance | Picture Alliance | Getty Images American Water, the largest water utility in the U.S., disclosed that it had been hit by a cyberattack. The Camden, New Jersey-based company said in a security statement on its website that it had learned of “unauthorized activity in our computer networks and systems” last Thursday, which […]
Read MoreCybersecurity firm Proofpoint considers pre-IPO funding as it plots a return to public markets
Sumit Dhawan, CEO of Proofpoint, took the reins as head of the cybersecurity company in 2022, a year after it was acquired by Thoma Bravo for $12.3 billion. He’s been pushing the firm to consider strategic opportunities such as mergers and acquisitions of smaller cybersecurity players to boost the company’s market expansion and stimulate industry […]
Read MoreWhy it’s time to take warnings about using public Wi-Fi, in places like airports, seriously
Over the years, travelers have repeatedly been warned to avoid public Wi-Fi in places like airports and coffee shops. Airport Wi-Fi, in particular, is known to be a hacker honeypot, due to what is typically relatively lax security. But even though many people know they should stay away from free Wi-Fi, it proves as irresistible to […]
Read MoreHow Apple and Microsoft’s trusted brands are being used to scam you online
No, it’s not really Apple or Microsoft popping up on your screen to tell you your computer has been infected. It’s scammers trying to convince you to call them and divulge sensitive information, which may include passwords, bank or credit account information or Social Security numbers. “They use the reputation of the brand [for legitimacy […]
Read MoreSurging AI demand could cause the world’s next chip shortage, report says
Georgijevic | E+ | Getty Images A surge in demand for artificial intelligence-focused semiconductors and AI-enabled smartphones and laptops could lead to the next global chip shortage, according to a report released Wednesday by consultancy Bain & Company. The last major semiconductor shortage happened during the Covid-19 pandemic amid supply chain disruption and a rise […]
Read MoreU.S. to propose barring Chinese software, hardware in connected vehicles: Reuters
Illustration of the China and U.S. flag on a central processing unit. Blackdovfx | Istock | Getty Images The U.S. Commerce Department is expected on Monday to propose prohibiting Chinese software and hardware in connected and autonomous vehicles on U.S. roads due to national security concerns, sources told Reuters. The Biden administration has raised serious […]
Read MoreWhy Eli Lilly and Palo Alto Networks are both up on news from their competitors
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: The Dow and S & P 500 were lower Friday after surging to record highs Thursday in response to the Fed cutting interest rates by […]
Read MoreCompanies face risk of huge fines and suspensions under tough new cyber rules in the EU
Oscar Wong | Moment | Getty Images Companies could face hefty fines or even suspensions of service in the European Union under strict new cybersecurity regulations set to come into force next month. The EU’s NIS 2 cybersecurity directive will on Oct. 17 become enforceable by member states. That means firms will have to ensure […]
Read MoreApple iOS 18 update is live: These are the most important new iPhone security features to protect your private life
Apple released the latest version of its iPhone operating system, iOS 18, on Monday, including several new security and privacy features. The rollout comes a week after Apple unveiled new versions of the iPhone, AirPods and Apple Watch. Preorders for the new iPhones began Friday and will be widely available on Sept. 20. Some consumer […]
Read MoreDark web researcher warned Columbus, Ohio, residents ransomware attack was bigger than mayor said. The city is suing him
Ransomware has long been plaguing American municipalities. It appeared to be another typical ransomware attack that impacted the city of Columbus, Ohio, this past July. The city’s response to the hack, however, was not, and it has cybersecurity and legal experts across the country questioning its motives. Connor Goodwolf (legal name is David Leroy Ross) is an […]
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