Swedish music-streaming company Spotify announced Tuesday, March 30, 2021, that it had acquired Betty Labs. According to Reuters, the move comes as Spotify gears to expand its range of offerings to a live video format. Details surrounding the value...
Software company HighRadius obtained a $300 million infusion after the recently concluded Series C funding round led by D1 Capital and Tiger Global, reported Tech Crunch. The capital will be used to innovate its artificial intelligence-powered financial technology solution.
Aside...
A report by TechNadu said that payment platform MobiKwik recently suffered a data breach that resulted in the private information of 3.5 million users being up for sale on the dark web. This amounts to a whopping 8.2 terabytes...
Optus, an Australian telecommunications firm, has announced its latest security service in collaboration with McAfee, the global security provider. The company said that the devices linked to home or company modems will be automatically protected.
The service, known as Optus...
United Kingdom-based clothing retailer FatFace suffered a ransomware attack from a malicious threat actor called the Conti ransomware gang. Following this, the company was forced to pay up a whopping $2 million to help unlock its respective systems.
FatFace is...
Cyberattack simulation solutions vendor AttackIQ just revealed innovations promoting the AttackIQ Informed Defense Architecture (AIDA), reported Security Boulevard. This new solution seeks to emulate adversaries to tech artificial intelligence and machine learning defences.
The vendor is the first to offer...
Forex trading side FBS has accidentally leaked millions of user records online after the company reportedly left its ElasticSearch database server exposed after a cloud database misconfiguration mishap.
FBS is an international online forex broker founded in 2009. As of...
Equinix, a provider of digital infrastructure, announced the launch of the Equinix Precision Time. It is an Equinix Fabric edge service that assists businesses with accurate, reliable, and secure time synchronization.
Equinix claims that providing "time as a service," can...
Popular American arts and crafts giant Hobby Lobby reportedly suffered from a massive data breach that exposed 138 gigabytes worth of customer information, according to a report released by an independent security researcher called Boogeyman.
Based on the findings of...
Xero, an accounting software provider has recently purchased Tickstar, an e-invoicing infrastructure provider. The price of the acquisition is estimated to reach SEK150 million ($22.8 million).
Tickstar is a consulting and cloud services company based in Sweden. It provides e-invoicing...
Electronics giant Acer fell victim to the REvil ransomware group responsible for the attack of several other companies over the past months, reported Bleeping Computer. The attackers are demanding $50 million from the company.
The ransomware gang was able to...
Oil giant Shell disclosed a data breach last Tuesday, March 16, 2021, on its page, saying that it had been impacted by a third-party cybersecurity incident. According to the company, the attackers were able to compromise the file-sharing system...
The Spanish government's labor agency, the State Public Employment Service (SEPE), was forced to shut down its systems after a ransomware attack that affected more than 700 agency offices in Spain.
Gerado Guitérrez, SEPE Director, declared that the network systems...
Starting from the next release of the Firefox web browser version, Mozilla has reported that it will implement a more privacy-focused default Referrer Policy in order to protect Firefox users' data.
In Firefox 87, a stricter user privacy protection feature...
As the famous messaging app Line undergoes investigation regarding cybersecurity, Japan's government is restricting its usage and examining how it is used throughout the municipalities.
The Ministry of Internal Affairs and Communications of Japan has decided to prohibit the use...
Technology giants Google and Amazon are pursuing diversity training with the help of virtual reality reported The Washington Post. Praxis Labs’ VR is the preferred platform by the said companies including Target, Uber, and eBay.
In the past, companies conduct...
