All articles by Refna Tharayil
US SEC resolves record-keeping charges with ICBC subsidiary after cyberattack
The securities regulator chose not to impose civil penalties, recognising the company’s swift remedial measures and full cooperation throughout the investigation.
Intel CEO Pat Gelsinger resigns amid struggles to reclaim market leadership
Gelsinger stepped down following a board meeting where doubts were expressed over the sluggish progress of his ambitious plan to revitalise the struggling company.
New phishing tactic uses corrupted Word documents to bypass security systems
Identified by cybersecurity firm Any.Run, the campaign involves emails designed to mimic communications from payroll or human resources departments.
Australia proposes new laws safeguarding consumer right to switch between digital services
The proposed legislation would grant the Australian competition regulator authority to oversee compliance, investigate anti-competitive behaviour, and levy fines against offenders.
Wise faces criticism from European regulators over AML shortcomings
Following a review, Wise has put in place a remediation plan to reach out to affected customers within weeks and gather the necessary documentation.
Canada sues Google over alleged online advertising monopoly
The case focuses on allegations that Google has employed tactics to lock market participants within its ecosystem, hinder innovation, and drive up advertising costs.
T-Mobile prevents data breach amid Salt Typhoon cyberespionage campaign
T-Mobile disclosed that the attempt by Salt Typhoon to breach its systems was likely part of a wider cyberespionage campaign.
US FTC launches antitrust probe into Microsoft’s cloud, AI, and licensing practices
Rivals have accused Microsoft of using practices that trap customers within its Azure cloud ecosystem, making it challenging for them to switch to competing services.
CrowdStrike raises FY25 forecasts despite fallout from July software disruption
The company registered a net loss of $16.8m for the reported third quarter, driven by rising expenses stemming from the aftermath of its major service disruption in July.
Dell’s Q3 FY25 revenue rises 10%, but stock dips following lowered full year guidance
This was in spite of strong growth in Dell’s infrastructure solutions unit.