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"Oracle ads have had it:  $2B operation shuts down after dwindling to $300M."

Views expressed in this cybersecurity, cyber crime update are those of the reporters and correspondents.  Accessed on 16 June 2024, 1430 UTC.

Content and Source:  https://feedly.com/i/subscription/feed%2Fhttp%3A%2F%2Fwww.theregister.co.uk%2Fsecurity%2Fheadlines.atom/The Register-Security.

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Russ Roberts (https://www.hawaiicybersecurityjournal.net).

The Register – Security

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In this slightly more private era, your data ain't as profitable as it once was Analysis Oracle Advertising is shutting down, CEO Safra Catz said during the database goliath's fiscal 2024 Q4 earnings call with Wall Street this week.…
Facebook parent calls step forward for privacy a 'step backwards' Meta has caved to European regulators, and agreed to pause its plans to train AI models on EU users' Facebook and Instagram users' posts — a move that the social media giant said will delay its plans to launch Meta AI in the economic zone.…

JUN 14, 2024

Business as usual needs a real change Feature Microsoft president Brad Smith struck a conciliatory tone regarding his IT giant's repeated computer security failings during a congressional hearing on Thursday – while also claiming the Windows maker is above the rule of law, at least in China.…
Because who needs disinformation research at times like these The Stanford Internet Observatory (SIO), which for the past five years has been studying and reporting on social media disinformation, is being reimagined with new management and fewer staff following the recent departure of research director Renee DiResta.…
Russia recruits local residents to support battlefield goals Infrastructure that enabled two pro-Russia Ukraine residents to break into soldiers' devices and deploy spyware has been dismantled by the Security Service of Ukraine (SSU).…
Big data + security division could be owed by the government and its people The French government has confirmed an offer of €700 million ($748 million) for key assets of ailing IT services giant Atos, following the company’s acceptance of a restructuring deal earlier this week.…

JUN 13, 2024

'It's not our job to find the culprits – That's what we're paying you for' lawmaker scolds Brad Smith Lawmakers on Thursday grilled Microsoft president Brad Smith about the Windows giant's businesses dealing in China — and the super-corp's repeated security failings — at a time when Beijing-backed spies are accused of breaking into Microsoft-hosted email accounts of American government officials.
Can't we do this another way, like without these mini-sats costing $1B over 5 years, House reps wonder A plan by America's Space Force to harden GPS against spoofing attacks may be going nowhere: A request by the service branch for $77 million of public cash to finish the work is struggling to get approval from Congress.…
Chocolate Factory accused of misleading Chrome browser users Updated Privacy campaigner noyb has filed a GDPR complaint regarding Google's Privacy Sandbox, alleging that turning on a "Privacy Feature" in the Chrome browser resulted in unwanted tracking by the US megacorp.…

JUN 12, 2024

Recently discovered vulnerabilities in VPN services should push ASEAN organizations to rethink their perimeter security approach Sponsored Post Companies the ASEAN region have long relied on a virtual private network (VPN) to help encrypt their Internet traffic and protect users' online identities.…
Who tracks the trackers? Life360, purveyor of "Tile" Bluetooth tracking devices and developer of associated apps, has revealed it is dealing with a "criminal extortion attempt" after unknown miscreants contacted it with an allegation they had customer data in their possession.…

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