CrowdStrike CEO apologizes for faulty software update that apparently caused global economic mayhem
The leader of one of the world’s largest cybersecurity companies has apologized after a faulty software update halted the airline industry and much of the online shopping around the world. Just before 6 a.m. Friday, George Kurtz, CEO of Texas-based cybersecurity giant CrowdStrike, Social media Microsoft acknowledges that “a flaw found in a single content […]
Steering Change in Modern Software Partnerships, Radixweb Navigates Tech Beyond Innovation
Radixweb, the leading software development service provider, is celebrating its ideology #beyondinnovation. COO, Dharmesh Acharya explains how the firm is driving a wider change for its clients with more than two decades of deep tech expertise, experience of pushing solutions to 25+ global markets in driving excellence for their clients’ businesses. The role of tech […]
Car dealership losses from CDK software outage could soon reach $1 billion, study finds
Direct losses for car dealerships affected in recent weeks by an outage at major software provider CDK Global could total $1 billion if the issue is not resolved soon, new data shows. Michigan-based Anderson Economic Group estimates that if the problems continue into the weekend, it will be the third week of shutdowns, and that […]
Car dealership losses from CDK software outage could reach $1 billion, study finds
Ryan Payne, President of Payne Capital Management, appeared on “Mornings with Maria” to explain the latest data on the auto industry. Direct losses for car dealerships affected in recent weeks by an outage at major software provider CDK Global could total $1 billion if the issue is not resolved soon, new data shows. Michigan-based Anderson […]
Fake software fixes fuel money-stealing malware threat
What is malware? Kurt “CyberGuy” Knutsson explains how to protect yourself from malware and ransomware. Online protection company Proofpoint has warned that new advanced malware masquerading as Google Chrome and Microsoft could steal money from Windows device owners. Several cybercriminal groups are using the malware, including some known for sending spam emails that infect computers. […]
Biden administration bans Kaspersky software over Russian ties
The Biden administration has issued an order banning the use of all software from Kaspersky Lab, citing its ties to Russia. The company’s software has been a concern for the U.S. government since at least 2017 due to suspicions that the Russian government has influenced it, which has full access to all of Kaspersky’s systems […]
Biden admin to ban sales of Kaspersky software over ties to Russia: report
The Biden administration is expected to announce plans on Thursday to ban Kaspersky Lab’s antivirus software from being sold in the United States, according to people familiar with the matter, as the company’s large U.S. clients include critical infrastructure providers and state and local governments. The company’s close ties to the Russian government were found […]
Auto dealers face software outage after provider hit by cyber incidents
See what’s clicking on FoxBusiness.com CDK Global, a company that provides software to car dealerships, has been hit by a second cyber incident within days, causing a nationwide outage. The company notified dealers that it was “again proactively shutting down the majority of our systems” in response to an “additional cyber incident” that occurred Wednesday […]
Automaker Stellantis Recalls Nearly 1.2 Million Cars Due to Software Glitch
Automaker Stellantis is recalling about 1.2 million vehicles due to a software glitch that the company says it can fix with an update. The recall affects vehicles in the United States and Canada, the Associated Press reported. report Tuesday. The issue stems from a problem that causes the vehicle’s rearview camera to stop working, but […]
Microsoft Defends Its Intimate Relationship with China to Congress After Chinese Hackers Infiltrated Its Software
At a congressional hearing this week, Microsoft President Brad Smith acknowledged the company’s role in a massive security breach that allowed China-linked hackers to penetrate federal computer networks. He also defended the company’s work under communist dictatorships. CNBC Reports Smith offered remorse in testimony before the House Homeland Security Committee and pledged to address security […]