In a significant development, Microsoft said it has detected a malicious version of software from SolarWinds and is investigating the cyber security incident. It is too early to say whether hackers used Microsoft systems to exploit and attack customers.
DJI is investigating a number of cases involving corruption which caused its prices to shoot up by 20%. It has already fired 45 individuals from its R&D and procurement divisions. In a statement, SZ DJI Technology Co Ltd, the world’s largest maker of consumer drones, stated its employees had inflated the cost of parts for…
As per a study conducted by the United Nations, adopting blockchain technology could potentially boost the turnover of importers and exporters by 44% while slashing their cost by up to 31%. On Monday, in a significant development, HSBC Holdings Plc disclosed it has successfully completed the world’s first trade finance transaction using blockchain technology. The…
A big majority of fashion brands are still storing client data in plain text. In a mind numbing incident, BuzzFeed News discovered that a significant number of major fashion stores are storing the personal information of tens of thousands of its customers in plain text on their servers, which makes job of hackers frighteningly simple:…
A big majority of fashion brands are still storing client data in plain text. In a mind numbing incident, BuzzFeed News discovered that a significant number of major fashion stores are storing the personal information of tens of thousands of its customers in plain text on their servers, which makes job of hackers frighteningly…
Companies who in the course of their business routinely wire transfer monies overseas are particularly susceptible to this scam. According to the FBI, companies across the United States have lost billions of dollars to scams as fraudsters impersonate company executives through emails requesting staff to transfer monies to accounts controlled by them. Losses from these…
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