Didi could come under Chinese state control, Beijing proposes government-run companies to invest in company: report

The city of Beijing is considering putting Didi Global under state control and has proposed that state-owned companies invest in the Chinese pedestrian company, Bloomberg News reported. The central thrust of the Beijing city government’s proposal is to regain control over one of its biggest corporations, and particularly the data it holds, said Friday’s Bloomberg … Read more

Switching to hybrid work led to a sharp rise in the cost of data breaches: IBM report

Data breaches now cost companies worldwide $4.24 million (about Rs. 31 crores) per incident on average, according to a recent study conducted by the Ponemon Institute in Michigan. The sudden operational change that organizations had to go through after the coronavirus pandemic was cited as one of the main reasons for this. It’s not the … Read more

Microsoft warns thousands of Azure Cloud customers about exposed Cosmos DB databases

Microsoft on Thursday warned thousands of its cloud computing customers, including some of the world’s largest companies, that attackers might have the ability to read, alter or even delete their key databases, according to a copy of the e. -mail and a cyber security researcher. The vulnerability is in the core Cosmos DB database of … Read more

Google, Microsoft and more tech companies pledge billions in cybersecurity after meeting with US president

The top US tech companies have pledged to invest billions of dollars to strengthen cybersecurity defenses and train skilled workers, the White House announced on Wednesday after President Joe Biden’s private meeting with senior executives. The Washington meeting was held during a relentless streak of ransomware attacks that targeted critical infrastructure and large corporations, as … Read more

Amazon CEO Andy Jassy said to join executives at the White House cybersecurity meeting

Amazon Chief Executive Andy Jassy will meet with technology executives at a White House meeting with President Joe Biden on Wednesday to discuss the efforts of private companies to improve cybersecurity, Reuters told Reuters a source familiar with the subject. The source asked not to be identified because the information was not public. Apple CEO … Read more

T-Mobile claims hackers have stolen personal data from around 7.8 million customers

T-Mobile US said on Wednesday that an ongoing investigation into a cyber attack on its systems revealed that some personal data from about 7.8 million of its current postpaid customers had been compromised. The company became aware of the attack last week, it said in a statement, after an online forum alleged that its users’ … Read more