All articles by Swagath Bandhakavi

Swagath Bandhakavi

Microchip Technology reports cyber incident affecting multiple facilities

The incident has led to reduced operational capacity at several of the company’s manufacturing facilities, impacting its ability to meet customer orders.

ESMC begins construction of €10bn semiconductor fab in Dresden, Germany

The Dresden semiconductor fab is backed by a €5bn German measure approved by the EC under EU State aid rules.

Survey finds 72% of US executives targeted by cybercriminals in past three months

The study by GetApp also revealed that over a third of companies surveyed lacked specialised cybersecurity training for senior executives, creating a significant gap in their security defences.

Nvidia unveils AI model StormCast for advanced weather prediction

The new model is expected to enhance weather prediction at the mesoscale, a scale larger than storms but smaller than cyclones, which is crucial for disaster planning and mitigation.

Startup failures surge by 58% in US during 2024 amid funding crunch

New data suggests startup shutdowns have sharply escalated over the past two years amid inflation and a drought in VC investment.

National Public Data admits major data breach of personal information

The breach, believed to have been executed by a third-party malicious actor in late December 2023, potentially led to further data exposures in April 2024 and the subsequent summer months.

Generative AI driving cloud adoption among businesses across North America and Europe, report finds

The report highlights that 54% of organisations are boosting cloud investments, in part thanks to the growing demand for generative AI services.

Phishing via file-sharing services jumps 350%, warns Abnormal Security

The AI-native human behaviour security platform released its H2 2024 Email Threat Report, detailing the growing threat of file-sharing phishing attacks.

Ransomware incidents rising with M&A activity, new data shows

The report highlights how threat actors have adapted their tactics to exploit the increasing consolidation of business and technology, resulting in a surge of ransomware campaigns

Microsoft releases Face Check for enterprise users

Initially launched in preview mode in February 2024, this tool is now fully available both as a standalone product and as part of the Microsoft Entra Suite.