September 7, 2024 at 12:02PM The FreeBSD Foundation secured a €686,400 investment from Germany’s Sovereign Tech Fund, focused on security feature enhancements and improvements extending into 2025. Supported by the German Federal Ministry, STF actively funds open source projects vital to global digital infrastructure, with recent investments concentrated on security upgrades and technical debt reduction. … Read more
July 30, 2024 at 10:07AM One of the largest IT outages occurred on July 19, caused by a faulty update on CrowdStrike’s Falcon platform. The incident highlighted the vulnerability of our increasingly digital world due to reliance on centralized systems. To prevent future disruptions, organizations should introduce diversity in IT systems and invest in training … Read more
July 26, 2024 at 02:44PM CrowdStrike’s recent Windows debacle caused a massive IT outage, impacting flights, healthcare, and 911 systems. The failure was traced to a “logic error” in a routine sensor configuration update, revealing testing shortcomings and inadequate initial response. The incident underscores the need for rigorous testing and fail-safe mechanisms when dealing with … Read more
April 3, 2024 at 08:18AM Jackson County, Missouri, is facing significant disruptions in its IT systems due to a ransomware attack. The incident has led to inconsistencies in digital infrastructure and rendered certain systems inoperative, affecting tax payments and various online services. The county has closed its physical offices and engaged law enforcement and security … Read more
March 24, 2024 at 01:33AM German authorities seized the digital infrastructure of Nemesis Market, an underground marketplace selling narcotics, stolen data, and cybercrime services. The operation, conducted with support from the U.S. and Lithuania, recovered €94,000 in cryptocurrency assets. Investigations are ongoing, but no arrests have been made. This follows recent law enforcement actions against … Read more
February 8, 2024 at 10:06AM Pakistan’s Economic Coordination Committee has approved Rs10 billion (US $36 million) cybersecurity funding for enhancing technical capabilities and defending against cyber threats, in response to repeated cyberattacks on the country’s networks. This follows a prior decision to allocate Rs5bn (US $18 million) from information technology to cybersecurity research, amidst reports … Read more
February 7, 2024 at 10:08AM UAE banks recently participated in a cyberattack simulation to test their ability to combat cyber risks. The Cyber Wargaming event was organized by the Central Bank of the UAE, the UAE Government’s Cyber Security Council, and the UAE Banks Federation. Representatives from various sectors attended, reflecting the UBF’s commitment to … Read more