Microsoft Corp. on Monday announced it will acquire cloud-based speech technology and artificial intelligence vendor Nuance Communications in an all-cash transaction valued at $19.7 billion. The deal is expected to close by the end of this year.
Facebook has been attempting to dismiss the appearance of a massive trove of user data by claiming it wasn't hacked, but scraped. No matter how the theft is characterized, 533 million users have just learned that their nonpublic profile details were stolen and sold to fraudsters.
The increasing reliance on collaboration tools such as Slack and Discord to support those working remotely during the COVID-19 pandemic has opened up new ways for fraudsters and cybercriminals to bypass security tools and deliver malware, Cisco Talos reports.
The latest edition of the ISMG Security Report features an analysis of why transparent communication in the aftermath of a data breach pays off. Also featured: Mastercard on digital identity issues; building a more diverse and inclusive cybersecurity workforce.
Loving your pet and creating tough-to-crack passwords should remain two distinctly separate activities. Unfortunately, Britain's National Cyber Security Center reports that more than 1 in 6 Brits admit to using the name of a pet as their password. And the problem is global.
Crisis communications: If your organization suffers a ransomware outbreak - despite its best cybersecurity efforts - is it ready to respond quickly and transparently? Experts have lauded the Scottish Environment Protection Agency for its response, saying it's a model for other victims to emulate.
Attackers are targeting unpatched SAP applications, and the exploits could lead to the hijacking of the vulnerable systems, data theft and ransomware attacks, SAP and Onapsis Research Labs report. They note that patches for most of the flaws have been available for several years.
How much does it cost to recover from a ransomware attack? For the Scottish Environment Protection Agency, which was hit by the Conti ransomware-wielding gang on Christmas Eve, reported cleanup costs have reached $1.1 million. SEPA is still restoring systems and has refused to pay any ransom.