Proprietary: Clown Computing and Microsoft Breaches
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Top public cloud providers of 2023: A brief comparison [Ed: A bubble, a trap, and spying. Clown computing is a fad.]
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DigitalOcean’s weak outlook raises concerns of cloud computing slowdown
Revenue for the period rose 37%, to $152.1 million, above the consensus estimate of $149 million. DigitalOcean’s own guidance called for sales of between $145.5 million and $147 million. The company also reported an annual revenue run rate of $640.6 million, up 41% from a year earlier, and average revenue per customer of $79.22, up 28%.
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LockBit ransomware suspect arrested in Canada, faces charges in US [iophk: Windows TCO]
The Justice Department identified the suspect as Mikhail Vasiliev who, according to court documents unsealed Thursday, faces charges related to conspiracy to damage computers and transmitting ransom demands. Vasiliev faces up to five years in prison and is awaiting extradition to the U.S.
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Insurance giant settles NotPetya lawsuit, signaling cyber insurance shakeup [iophk: Windows TCO]
Now, however, it’s increasingly clear insurers aren’t off the hook for NotPetya payouts or from covering losses from other attacks with clear links to nation-state [attackers].
That’s because in this case, what Mondelez and many other corporations endured was not an act of war, but “collateral damage” in a much larger cyberconflict that had nothing to do with them, said James Lewis, director of the Strategic Technologies Program at the Center for Strategic and International Studies.
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Microsoft Blames Russian Hackers for Prestige Ransomware Attacks on Ukraine and Poland [Ed: Microsoft should blame Microsoft, but it resorts to nationalism to distract from its products being shoddy]
Microsoft on Thursday attributed the recent spate of ransomware incidents targeting transportation and logistics sectors in Ukraine and Poland to a threat cluster that shares overlaps with the Russian state-sponsored Sandworm group.
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Medibank attackers based in Russia, claims AFP chief [Ed: Distracting from Microsoft as culpable party]
The attackers behind the ransomware heist on medical insurer Medibank Group are believed to be in Russia, the Australian Federal Police claims, without naming any of those involved.
Commissioner Reece Kershaw told the media in Canberra on Friday afternoon that the intelligence collected thus far pointed to "a group of loosely affiliated cyber criminals, who are likely responsible for past significant breaches in countries across the world".
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Lawsuit Seeks Food Benefits Stolen By Skimmers
A nonprofit organization is suing the state of Massachusetts on behalf of thousands of low-income families who were collectively robbed of more than a $1 million in food assistance benefits by card skimming devices secretly installed at cash machines and grocery store checkout lanes across the state. Federal law bars states from replacing these benefits using federal funds, and a recent rash of skimming incidents nationwide has disproportionately affected those receiving food assistance via state-issued prepaid debit cards.
The Center for Law and Social Policy (CLASP) recently published Five Ways State Agencies Can Support EBT Users at Risk of Skimming. CLASP says while it is true states can’t use federal funds to replace benefits unless the loss was due to a “system error,” states could use their own funds.