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New Ransomware Actor 8Base Rivals LockBit in Extortion

Data Breach Today

Group Listed Nearly 40 Victims on its Dark Web Leak Site So Far This Month New entrant ransomware group 8Base is fast becoming a "big player" in the underground market with nearly 40 victims in June - second only to the notorious LockBit ransomware gang.

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Building for operational resilience in the age of AI and hybrid cloud

IBM Big Data Hub

Organizations in the financial services, healthcare and other regulated sectors must place an even greater focus on managing risk—not only to meet compliance requirements, but also to maintain customer confidence and trust. This includes cyber incidents, technology failures, natural disasters and more. Similarly, in the U.S.

Cloud 81
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SER’s growth double that of ECM market competition

Info Source

In the fiscal year 2017, the SER Group grew more than twice as much as the entire ECM market [1] [1]. One reason for the very positive development is SER’s licensing business, which increased by 25% compared to the previous year. Coinciding with the growth in licensing business, service business has also jumped by over 11%.

ECM 40
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Digital leaders: Driving pace and scale in a dynamic market, part 5 (technology)

CGI

Digital leaders: Driving pace and scale in a dynamic market, part 5 (technology). One of the biggest challenges to becoming a digital business is transitioning from legacy processes and systems to new ways of adopting and managing modern technologies. Tue, 12/19/2017 - 11:40. The transition is complex, time-intensive and costly.

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China: new rules on use of algorithms for digital business, data analytics and decision-making

DLA Piper Privacy Matters

The new “Administrative Regulations on Algorithm Recommendation of Internet Business Services” comes into force on 1 March 2022, and will introduce important rules on the use of algorithms when operating digital platforms/websites/apps – including targeted marketing – in China.

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Internet Backbone Giant Lumen Shuns.RU

Krebs on Security

“Life has taken a turn in Russia and Lumen is unable to continue to operate in this market,” Lumen said in a published statement. “The business services we provide are extremely small and very limited as is our physical presence. However, we are taking steps to immediately stop business in the region.”

Military 290
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RSAC insights: Malware is now spreading via weaponized files circulating in data lakes, file shares

The Last Watchdog

Here’s his argument: Companies are competing to deliver innovative digital services faster and more flexibly than ever. Digital content creation is flourishing with intellectual property, financial records, marketing plans and legal documents circulating within a deeply interconnected digital ecosystem.