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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 10 June, 2022.
This week's stories:
- World’s biggest four-day working week trial kicks off in UK
- Double extortion ransomware pushes average payments close to $1 million
- IBM to wind down Russian operations completely
You can find more videos like this in our video library and even more on our YouTube channel. Let us know what you think of this week's video – you can also find us on Facebook, LinkedIn and Twitter.
Sign up today and you will receive a free copy of our Future Focus 2025 report - the leading guidance on AI, cybersecurity and other IT challenges as per 700+ senior executives
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What can space lasers do for business broadband?In-depth NASA is using lasers to stream 4k video from the moon – can businesses use the same tech on Earth?
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Has another OpenAI Stargate project hit the rocks?News Microsoft will be renting capacity in Norwegian data center originally intended for OpenAI
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Security leaders overconfident about ransomware recoveryNews Few manage to recover all their data, and many experience business disruption
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German authorities want your help finding the hackers behind GandCrab and REvilNews Daniil Maksimovich Shchukin and Anatoly Sergeevitsch Kravchuk are believed to have made millions from ransomware as a service schemes
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Sectigo taps Clint Maddox to lead global field operationsReviews The appointment follows a year of strong momentum for the security vendor as it expands its global channel footprint
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The rise of teen hackers ‘makes for a good headline’, but cyber crime activities peak later in lifeNews With family responsibilities and mortgages to pay, it's not teenagers dishing out malware or carrying out cyber extortion
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Ransomware gangs are using employee monitoring software as a springboard for cyber attacksNews Two attempted attacks aimed to exploit Net Monitor for Employees Professional and SimpleHelp
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Ransomware gangs are sharing virtual machines to wage cyber attacks on the cheap – but it could be their undoingNews Thousands of attacker servers all had the same autogenerated Windows hostnames, according to Sophos
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Google issues warning over ShinyHunters-branded vishing campaignsNews Related groups are stealing data through voice phishing and fake credential harvesting websites
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The FBI has seized the RAMP hacking forum, but will the takedown stick? History tells us otherwiseNews Billing itself as the “only place ransomware allowed", RAMP catered mainly for Russian-speaking cyber criminals
