All articles by Swagath Bandhakavi
Swagath Bandhakavi
GlobalFoundries and IBM settle legal dispute over chip manufacturing agreement
The settlement resolves claims of contract breach, trade secret theft, and intellectual property violations, ending a lengthy legal battle stemming from a business deal between the two companies.
US sanctions Iranian and Russian entities for AI and cyber election interference
The sanctions target Iran’s CDPC, tied to the Islamic Revolutionary Guard Corps, and Russia’s CGE, which is affiliated with the Main Intelligence Directorate.
Hackers compromise 35 Chrome extensions, exposing 2.6m users
The phishing campaign, reported in December 2024, was linked to command-and-control infrastructure active since March, indicating a long-planned operation.
General Dynamics reports data breach following phishing campaign
The incident stemmed from a third-party Fidelity NetBenefits login portal, where attackers used a fraudulent advertising campaign to lure employees into a spoofed website that captured their credentials.
Clop gang threatens 66 companies after exploiting Cleo software vulnerability
The group indicated that the 66 companies listed are only those yet to respond, suggesting the total number of victims could be larger.
Cyberattack hits European Space Agency’s online store, payment card data stolen
E-commerce security firm Sansec uncovered a breach involving malicious JavaScript code in the store’s checkout process, which redirected customers to a fake payment page.
Qualcomm prevails on key issue in legal battle with Arm
The ruling, delivered by a US federal jury, provides Qualcomm with a pathway to expand into the laptop processor market, though a mistrial on one of three central issues means not all aspects of the case were resolved.
European financial firms struggle with AI integration amid regulatory and skill gaps
According to new research from EY, while 28% of companies accelerated AI implementation over the past year, most remain in the early, exploratory stages.
51% of companies leveraging open-source AI see positive returns, survey reveals
Commissioned by IBM, the survey highlights the increasing importance of open-source ecosystems in enterprise AI strategies, with 60% of respondents already incorporating open-source platforms into their projects.
EDPB releases AI data guidance to harmonise GDPR compliance
The guidance addresses key issues including anonymity, legitimate interest, and the use of unlawfully processed data in AI development.