Tag: financial implications
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The Register: Crook breaks into AI biz, points $250K wire payment at their own account
Source URL: https://www.theregister.com/2024/11/19/ilearningengines_bec_scam/ Source: The Register Title: Crook breaks into AI biz, points $250K wire payment at their own account Feedly Summary: Fastidious attacker then tidied up email trail behind them A Maryland AI company has confirmed to the Securities and Exchange Commission (SEC) that it lost $250,000 to a misdirected wire payment.… AI Summary…
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The Register: Developer pockets $2M in savings from going cloud-free
Source URL: https://www.theregister.com/2024/10/21/37signals_aws_savings/ Source: The Register Title: Developer pockets $2M in savings from going cloud-free Feedly Summary: 37signals CTO claims cost of new hardware was ‘entirely recouped’ as contracts expired after AWS exit The web software biz that decided to exit the cloud after racking up a huge bill says it has saved almost $2…
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Rekt: DeltaPrime – Rekt
Source URL: https://www.rekt.news/deltaprime-rekt Source: Rekt Title: DeltaPrime – Rekt Feedly Summary: Another day, another private key compromise. DeltaPrime Blue on Arbitrum suffers $5.98 million loss in private key compromise. Whispers of a notorious nation-state hacker group are already circulating through the cryptosphere. AI Summary and Description: Yes Summary: The text discusses a significant security breach…
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Hacker News: Nobody Cares About Security
Source URL: https://www.adatosystems.com/2024/09/09/nobody-cares-about-security/ Source: Hacker News Title: Nobody Cares About Security Feedly Summary: Comments AI Summary and Description: Yes **Summary:** The text addresses a critical attitude towards security in businesses, highlighting that while security may not be a top priority for leadership, the focus is primarily on avoiding operational costs such as downtime, extortion, lawsuits,…