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Bank Info Security 5 months, 2 weeks ago

Groups Warn $32B Google-Wiz Deal Threatens Cloud Competition

Civil Society Orgs Concerned Deal Could Tilt Cloud Security Space in Google’s FavorA coalition of European civil society organizations is urging regulators to launch a detailed antitrust investigation into Google's proposed $32 billion purchase of Wiz. They argue the acquisition would strengthen Google's dominance in cloud security and undermine multi-cloud neutrality.

Safe{Wallet} has revealed that the cybersecurity incident that led to the Bybit $1.5 billion crypto heist is a "highly sophisticated, state-sponsored attack," stating the North Korean threat actors behind the hack took steps to erase traces of the malicious activity in an effort to hamper investigation efforts