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Former Tesla employee charged over $9.3m embezzlement scheme

A former Tesla employee has been indicted on charges of embezzlement leading to the theft of millions during his time at the automaker. On Thursday, the US Department of Justice (DoJ) said that Salil Parulekar, an employee once involved in overseeing supplier relationships for the automaker, allegedly managed to steal $9.3 million in a fraudulent scheme. In a statement, prosecutors… Read more →

Linux cryptocurrency miners are installing rootkits to hide themselves

Security researchers from Trend Micro have stumbled upon a new malware strain that mines cryptocurrency on Linux computers, but which is also different from previously seen cryptominers because it downloads a rootkit to alter the operating system’s behavior and hide the unwanted high CPU usage that usually comes with cryptocurrency mining. Currently, Trend Micro has not identified the way through… Read more →

As Microsoft moves more blogs off its MSDN and TechNet sites, here’s how to stay current

For the past year-plus, I have been noticing a number of Microsoft bloggers posting that their blogs were either shutting down or moving to private/custom sites. For those of us who’ve come to rely on RSS feeds of MSDN Blogs and TechNet Blogs — the two main Microsoft product-information firehoses –to stay current, this development was more than a bit… Read more →

Windows-as-a-service fail: Microsoft keeps customers in the dark

“Windows as a service” sounded like a good idea in 2015, when Microsoft released Windows 10. But after a terrible October, Microsoft’s Windows 10 problems continued in November. Yesterday, an unknown number of devices running Windows 10 suddenly lost their activation status; the owners of those devices were told that they no longer had a valid digital license and were… Read more →

Gap picks Microsoft Azure as preferred cloud vendor: Here’s a look at the digital transformation plan

Gap Inc. is choosing Microsoft as its preferred cloud vendor as part of a broader digital transformation effort. Gap will move its inventory and commerce sites to Microsoft Azure first in a multiyear deployment and then ultimately look to leverage machine learning and artificial intelligence services. The retailer features a collection of mature and fast growing brands including Old Navy,… Read more →

ForeScout Technologies snaps up SecurityMatters in $113 million deal

ForeScout Technologies has announced the acquisition of SecurityMatters. On Thursday, the San Jose, CA-based firm said the deal “will bolster ForeScout’s global leadership position in agentless device visibility and control across the enterprise with expanded capabilities and advanced features to secure operational technology (OT) and industrial environments.” The acquisition was agreed for $133 million in an all-cash deal. Founded in… Read more →

Talend buys Stitch to extend its portfolio with self-service

Talend, whose open source narrative focused on broadening the ETL market, is now seeking to add a new entry level cloud service tier to its portfolio. It is buying Stitch, a 2-year old Philadelphia-based spinoff of RJ Metrics for $60 million in cash. Stitch offers a cloud-based self-service offering that automates data ingestion pipelines into the cloud. It’s an emerging… Read more →

South Korea will make young cryptojackers stand trial for infecting PCs

South Korea has revealed what is believed to be the country’s first recorded case of cryptojacking with the arrest of “young” hackers involved in such a scheme. On Thursday, local media publication Aju Daily reported that four individuals have been caught red-handed after managing to allegedly seize control of PCs for the purpose of cryptocurrency mining. According to South Korean… Read more →

Xiaomi unveils flagship Mi 8 Pro, gears up to challenge smartphone giants

Xiaomi, currently the number four smartphone-maker worldwide behind Samsung, Huawei and Apple, has officially entered the UK market, spearheading its latest European expansion with the global debut of a new flagship handset, the Mi 8 Pro. The company will also open its first authorised Mi Store in the UK on 18 November, in London’s Westfield shopping centre. This will showcase… Read more →

Adobe ColdFusion servers under attack from APT group

A nation-state cyber-espionage group is actively hacking into Adobe ColdFusion servers and planting backdoors for future operations, Volexity researchers have told ZDNet. The attacks have been taking place since late September and have targeted ColdFusion servers that were not updated with security patches that Adobe released two weeks before, on September 11. It appears that hackers studied Adobe’s September patches… Read more →