Welcome to IT Pro's News in Review, a weekly bite-sized bulletin of the top tech stories of the week, for the week ending 20 January, 2022.
This week's stories:
- Nvidia set to walk away from $40bn Arm deal
- Belarusian hacktivists target railway in bid to halt Russian military
- IBM to sell off Watson Health assets
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A spate of cyber attacks has rocked JapanNews With over 100 cyber attacks impacting major sectors this year, Japan’s ruling party is calling for an emergency taskforce to strengthen AI defenses
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Top takeaways: The AI tokenomics challengeFeature Why invisible metering, compounding agentic workflows, and production scale turn enterprise AI into an open tab – and how leaders can govern for measurable value
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‘Cyber criminal groups suffer from the same security weaknesses they routinely exploit’: ShinyHunters claims it hacked Clop ransomware rivalNews An attack on the cyber crime gang could prove dangerous for previous victims of data leaks, experts have warned
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One-in-five breaches are now AI-related, IBM warnsNews While AI threats are rising, enterprises are bolstering cyber resilience capabilities
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Companies are still paying ransoms to cyber criminals despite official adviceNews A Proofpoint survey found evolving ransomware techniques and the use of AI is exacerbating the situation for victims
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This one cyber crime group accounted for nearly a fifth of all ransomware attacks in JuneNews The Gentlemen, a ransomware a service operator, now accounts for 17% of published attacks
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Working with the enemy: Ransomware negotiator-turned cyber criminal jailed after working with hackers to extort clientsNews Angelo Martino was supposed to be negotiating on behalf of victims, but was secretly working for ransomware operators
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Hackers are posing as Interpol to target small businesses – here's what you need to knowNews Small businesses are warned to think twice before clicking on links
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‘Every hour ransomware goes undetected drastically increases its potential blast radius’: Hackers are breaching networks and laying low for longer – and nearly half of firms don’t realize until data is stolenNews An ExtraHop survey found more intrusions are going undetected, leading to longer dwell times
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‘Traditional patching cannot keep pace’: Palo Alto Networks joins IBM’s Project Lightwell in bid to shore up software securityNews With traditional patching no longer able to keep pace with threats, the trio aims to create an automated "shield-and-fix" architecture