All articles by Swagath Bandhakavi

Swagath Bandhakavi

Proofpoint explores pre-IPO financing and acquisition strategy for public market return

The timing of Proofpoint’s IPO would depend on general market conditions and the results of the 2024 US presidential election.

Rackspace confirms zero-day exploit in third-party app led to security breach

This security breach forced the US cloud computing firm to temporarily disable its monitoring dashboard.

Cybersecurity flaw in Nvidia Container Toolkit affects cloud and AI systems, warns Wiz

This flaw affects AI applications in both cloud and on-premise environments that use GPU resources, enabling attackers to escape containers and take full control of the host system.

Atos shareholders and creditors approve draft accelerated safeguard plan

The plan involves converting €2.9bn of debt into equity and issuing between €1.5bn and €1.67bn in new debt.

AI-related cybercrime sparks concern among 65% of global survey participants

The report reveals a significant disparity between these rising concerns and the readiness to address AI-driven cyber threats.

88% of corporate leaders view generative AI as key to navigating Pillar Two challenges, KPMG report finds

Investment in AI is set to grow, with 98% of respondents planning to invest in AI over the next year.

Intel rolls out new microcode update for Raptor Lake chips amid damage concerns

This update aims to prevent the CPU from drawing excessive power during periods of low activity, such as when performing light tasks or remaining idle.

Google launches EU antitrust complaint over Microsoft cloud practices

The Alphabet subsidiary has complained to EU regulators that using Windows Server and Office products on non-Azure cloud infrastructure is hard and expensive because of Redmond’s licensing terms.

Arkansas City becomes latest victim in cyberattacks on US water facilities

This attack comes after a warning from the Water Information Sharing and Analysis Center, a nonprofit organisation that provides security intelligence to water utilities.

Wiz considers sale of shares valued between $15bn and $20bn

The cybersecurity startup is reportedly in talks regarding a transaction that would enable existing shareholders to sell between $500m and $700m of their holdings.