New Twitter Inc. owner Elon Musk is reported to have ordered broad layoffs at the online news and social networking site, The Wall Street Journal reported today. Coming into the acquisition of the company Thursday by Musk (pictured), reports suggested the job cuts could be as high as 75% of the company’s workforce. However, the Journal report noted that ...

A new research paper released today by Symantec, a division of Broadcom Inc., details previously unknown tools and techniques used in a stealthy campaign by a suspected threat actor. A dropper called Trojan.Geppei is being used by a threat actor Symantec has dubbed “Cranefly” (UNC3524) to install previously undocumented malware known as Denfuan and other tools. Danfuan ...

The White House has added the chemical industry to the administration’s Industrial Control Systems Cybersecurity Initiative, which was launched in July 2021 following the attack on Colonial Pipeline Co. earlier the same year. The expansion to chemical companies, the majority privately owned, is said by the White House to be needed to strengthen the resilience ...

Media conglomerate Thomson Reuters Corp. has been found to have exposed more than 3 terabytes of sensitive customer and corporate data, the latest company to fail in applying basic security to its hosting solutions. Discovered by researchers at Cybernews and announced today, the data was found on public-facing ElasticSearch databases. The content of the databases, ...

Check Point Software Technologies Ltd. shares rose strongly in regular trading today after the cybersecurity company reported solid earnings and revenue beats in the third quarter. For the quarter that ended Sept. 30, Check Point reported a profit before costs such as stock compensation of $1.77 a share, up 7% year-over-year, on revenue of $578 ...

When most people think about cyberattacks, they might think of phishing emails or hackers targeting company servers, but a new report explores how attackers are now targeting scanner notifications. Detailed today by Jeremy Fuchs, a researcher at cloud email and collaboration security firm Avanan Inc., a Check Point Software Technologies Ltd. company, attackers are spoofing ...

Argo AI LLC, a self-driving car startup backed by Ford Motor Co. and Volkswagen AG that had raised $3.6 billion in funding, is shutting down, and its parts are being absorbed by both Ford and VW. TechCrunch reported that employees were told of the plan at an all-hands meeting today and that some people would receive ...

Seagate Technology Holdings PLC, the world’s largest maker of hard drives, today announced it’s laying off 8% of its workforce, about 3,000 employees, amid economic uncertainty and declining demand for its products. CNBC reported that the restructuring plans were announced after Seagate reported its latest quarterly financial results, missed analysts’ expectations for both revenue and earnings. ...

A new report today from phishing protection company SlashNext Inc. finds a significant increase in phishing attacks over the first six months of 2022 amid deepening cybercriminal activity and global issues such as the Russian invasion of Ukraine. Based on an analysis of billions of linked-based URLs,  attachments and natural language messages in email, mobile and ...

Israeli cybersecurity startup Valence Security Inc. announced today that it has raised $25 million in new funding to help customers secure their software-as-a-service meshes from risk. Microsoft Corp.’s M12 venture fund led the Series A round with YL Ventures, Porsche Ventures, Akamai Technologies Inc., Alumni Ventures and Michael Fey, former president of Symantec Corp., also participating. Including the ...