Microsoft launches two new Azure regions in China

Microsoft today launched two new Azure regions in China. These new regions, China North 2 in Beijing and China East 2 in Shanghai, are now generally available and will complement the existing two regions Microsoft operates in the country (with the help of its local partner, 21Vianet). As the first international cloud provider in China when […] Continue reading Microsoft launches two new Azure regions in China

Meet the speakers at The Europas, and get your ticket free (July 3, London)

Excited to announce that this year’s The Europas Unconference & Awards is shaping up! Our half day Unconference kicks off on 3 July, 2018 at The Brewery in the heart of London’s “Tech City” area, followed by our startup awards dinner and fantastic party and celebration of European startups! The event is run in partnership […] Continue reading Meet the speakers at The Europas, and get your ticket free (July 3, London)

Worldwide spending on security solutions to reach $91 billion in 2018

Worldwide spending on security-related hardware, software, and services is forecast to reach $91.4 billion in 2018, an increase of 10.2% over the amount spent in 2017. This pace of growth is expected to continue for the next several years as industries… Continue reading Worldwide spending on security solutions to reach $91 billion in 2018

Magniber ransomware: exclusively for South Koreans

A few days ago, Magnitude EK resurfaced, this time with a new payload that targets only the country of South Korea. It’s called Magniber ransomware.
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Malware
Threat analysis

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Freshdesk owner Freshworks acquires Joe Hukum as it plans a move into chatbots

 After raising $55 million last year to build its business beyond its existing help desk services, today Freshworks (the parent company of Freshdesk) has made an acquisition to help it fill out that strategy. The company has acquired Joe Hukum, a startup out of India that offers a platform for businesses to build their own chatbots. I’ve asked, but the companies are not revealing any terms… Read More Continue reading Freshdesk owner Freshworks acquires Joe Hukum as it plans a move into chatbots

More funding for AI cybersecurity: Darktrace raises $75M at an $825M valuation

Digital security key concept background with binary data code With cybercrime projected to reap some $6 trillion in damages by 2021, and businesses likely to invest around $1 trillion over the next five years to try to mitigate that, we’re seeing a rise of startups that are building innovative ways to combat malicious hackers. In the latest development, Darktrace — a cybersecurity firm that uses machine learning to detect and stop attacks… Read More Continue reading More funding for AI cybersecurity: Darktrace raises $75M at an $825M valuation

South Korean bitcoin exchange hacked, user accounts plundered

Bithumb, a South Korean bitcoin and ether exchange, has suffered a data breach that resulted in customer losses potentially reaching billions of South Korean won (currently, a billion won is equivalent to some 870,000 US dollars). The breach According to Brave New Coin, Bithumb discovered the breach on June 29 and reported it the day after to the authorities: the Korea Communications Commission, the Korea Internet & Security Agency, and the Supreme Prosecutors’ Office. The … More Continue reading South Korean bitcoin exchange hacked, user accounts plundered

Leaked Hacking Team tools were used by group stealing East Asian IP

A sophisticated and “well-funded” hacking group with a penchant for stealing intellectual property and other trade secrets is wreaking havoc in East Asia by exploiting a series of old, publicly acknowledged software vulnerabilities, according to research conducted by TrendMicro. The findings are significant because it exposes an active regional threat that continues to invest in new hacking capabilities — including unique backdoor implants and an exfiltration tools — while apparently running multiple, active economic espionage operations. Dubbed “BlackTech” by security reachers, the clandestine unit is believed to be associated with three separate campaigns dating back to at least 2010. During that time frame, BlackTech relied on a similar server infrastructure to launch attacks but used various different tools and techniques against organizations, allowing them to move laterally across victim networks and ultimately attempt to exfiltrate sensitives files. “We are confident attributing these three campaigns to BlackTech given the backend infrastructure used and target overlap,” […]

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