Thought Leadership
Meta denies
A former WhatsApp employee accuses the company of ignoring critical cybersecurity issues and firing him after internal complaints. Meta denies the allegations.
Largest company takeover
With the 883-million-dollar-takeover of Nozomi Networks, Japanese industrial giant Mitsubishi Electric is making its largest acquisition to date. The aim: to strengthen its position in the growing market for industrial cyber security.
Much ado about nothing?
Security researchers at New York University have demonstrated how cost-effectively AI-based blackmail software can be developed. Security experts initially mistook the project for real malware.
Malfunction
Underwater fiber optic cables in the Red Sea were damaged, causing delays to Microsoft’s Azure cloud service. The company was able to reroute the data traffic via alternative routes.
Autonomous assistant
The start-up DeepL is known for its translation software. Now the Cologne-based company is venturing into a larger field and launching an autonomous AI agent.
Disruption to production and sales
The British car manufacturer Jaguar Land Rover has suffered severe disruption to production and sales due to a cyber attack.
Digital sovereignty
The German software group SAP announces massive investments in sovereign cloud infrastructure. The company wants to strengthen Europe’s digital sovereignty with over 20 billion euros over the next ten years.
Dependency
Nvidia reported record figures for Q2, but the business structure reveals a problematic customer concentration.
Payment transactions affected throughout Europe
A security system failure at PayPal caused banks to halt direct debits worth billions. The company says the problem has now been resolved.
115,000 e-mails
Security researchers from Check Point have discovered an active phishing campaign that uses Google Classroom as a gateway. Within a week, the attackers sent over 115,000 fraudulent emails.
