A new report from WithSecure Inc. details a growing network of cryptocurrency scams using thousands of YouTube videos to suck in potential victims. The thousands of videos often appear legitimate, with some receiving inauthentic engagement from hundreds of other YouTube channels within the scam network. The network is said to be managed by a small ...

Russian government-linked hacking group Killnet has claimed responsibility for distributed denial-of-service attacks that disrupted North Atlantic Treaty Organization earthquake relief operations in Turkey and Syria. An earthquake with a magnitude of 7.8 struck the region on Feb. 6, causing widespread damage and death. The death toll from the earthquake is currently estimated to be at ...

Content delivery network provider Cloudflare Inc. revealed today that it has managed to detect and mitigate dozens of “hyper-volumetric” distributed denial-of-service attacks over the weekend of Feb. 11-12, including the largest reported HTTP DDoS attack on record. The majority of the DDoS attacks peaked at about 50 million to 70 million requests per second, with the ...

Shares in Palantir Technologies Inc. surged in late trading after the big-data analytics company beat analyst expectations and reported its first-ever profitable quarter. For the fourth quarter that ended Dec. 31, Palantir reported adjusted earnings per share of four cents, up from two cents in the same quarter of last year, on revenue of $509 ...

Meta Platforms Inc. is reportedly planning more layoffs in March as part of an efficiency drive after having laid off around 11,000 employees in November. The Financial Times, referencing employees familiar with the situation, Saturday reported that Meta has delayed finalizing multiple teams’ budgets ahead of the planned cuts. The delays are claimed to have ...

The U.S. and the U.K. have sanctioned seven Russian nationals for their alleged involvement in running the infamous TrickBot botnet. TrickBot dates back to 2016 and has a network of more than 1 million machines. Initially used to target banking credentials with malware of the same name, TrickBot evolved several times over the years. In ...

PayPal Holdings Inc. announced today that President and Chief Executive Officer Dan Schulman will retire at the end of 2023, while also reporting better-than-expected earnings in the fourth quarter. Schulman (pictured) joined PayPal in September 2014, the same time then-owner eBay Inc. announced that it would split PayPal off into a separate company. The transaction ...

Shares in Lyft Inc. tanked in late trading after the ride-hailing company reported a much larger-than-expected loss and delivered guidance below analysts’ expectations. For the fourth quarter that ended Dec. 31, Lyft reported an adjusted loss of 74 cents per share on revenue of $1.18 billion. Analysts had expected earnings per share of 15 cents and ...

Amid broad concerns for the global economy and tech layoffs, cybersecurity-related firms Cloudflare Inc., Qualys Inc. and CyberArk Software Ltd. reported a wide mix of earnings results today. Cloudflare led the pack, reporting earnings before costs such as stock compensation income of $21.6 million, or six cents per share, in its fiscal fourth quarter, up ...

The U.S. Cybersecurity and Infrastructure Security Agency and the Federal Bureau of Investigation have released a free recovery script in response to a widespread ransomware campaign targeting unpatched installations of VMware Inc.’s ESXi. VMware Inc. and government agencies in Europe warned of the ransomware attacks earlier this week, saying that a malicious actor was targeting a vulnerability ...