

UK Fintech checkout.com ignores ransom demand, pledges the funds to cyber research
In a bold move challenging the lucrative cyber-extortion business, UK fintech giant Checkout.com has publicly refused to pay a ransom demanded by the notorious hacking group ShinyHunters following a recent data breach. Instead of funding the criminal enterprise, the company has pledged to donate the undisclosed ransom amount to leading cybersecurity research centers at Carnegie Mellon University and the University of Oxford. The attack, which Checkout.com disclosed this week,


Kyndryl releases its 2025 Cloud Readiness Report: Key Takeaways for Businesses
Kyndryl's 2025 Cloud Readiness Report, based on insights from 3,700 senior leaders across 21 countries, highlights a pivotal shift in enterprise cloud strategy, moving from accidental adoption to deliberate design driven by the demands of AI, security, and complex regulatory environments. The central theme is that the Hybrid Cloud Model is no longer a stopgap but the essential foundation for successful AI adoption and compliance in the modern enterprise. The cloud strategy pa


German court slaps Google with €572m damages for antitrust abuse in shopping sector
A Berlin court has delivered a major legal and financial blow to Google, ordering the tech giant to pay a combined total of €572 million (approximately $665 million) in damages to two German price comparison platforms for abusing its dominant market position. The ruling, announced by the Berlin Regional Court, found that Google engaged in anti-competitive practices by systematically favoring its own Google Shopping service over rival price comparison websites in its search re


Microsoft announces “AI Superfactory” to cut back AI training from months to weeks
Microsoft has officially unveiled its next-generation AI infrastructure, dubbed the "AI Superfactory," a massive, interconnected computing complex designed to radically accelerate the development of frontier AI models. The company claims this new architecture will cut the time required to train the largest AI models from several months to just weeks. The first phase of the Superfactory links two massive, purpose-built data centers (Fairwater sites) in Wisconsin and Atlanta. T


Cybercrime supergroup: Scattered Spider, LAPSUS$, and ShinyHunters form consolidated alliance
High-stakes cyber extortion has entered a new and more dangerous era with the confirmed alliance of three of the world's most notorious English-speaking hacking crews: Scattered Spider, LAPSUS$, and ShinyHunters. Operating under the unified banner of "Scattered LAPSUS$ Hunters (SLH)," the alliance is pooling its distinctive tactics and brand notoriety to launch more powerful, coordinated, and psychologically damaging attacks against global enterprises. Cybersecurity researche

















































