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 22 July, 2022.
This week's stories:
- Slack to increase subscription prices for the first time
- Global ransomware activity surges again following a short decline in Q1
- Microsoft launches Digital Contact Center Platform
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Equinix expands Fabric Geo Zones in data sovereignty driveNews The firm says it can provide the first network-level, sovereignty enforcement layer that operates across interconnected clouds and providers
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HMRC pens £175m deal with Quantexa in data modernization pushNews The UK AI unicorn will work to improve HMRC’s core data infrastructure
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Instructure chose to a pay ransom following the Canvas cyber attack – research shows more than half of security leaders would follow suitAnalysis Opting to pay ransoms creates huge risks for enterprises – you’re relying on the word of criminals
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Ransomware negotiator sentenced for role in major cyber crime groupNews Deniss Zolotarjovs was a key player in a group associated with Conti
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Threat actors ditch ‘spray and pray’ attacks in shift to targeted exploitationNews A dip in ransomware volumes points to a more targeted approach focused on vulnerability exploitation
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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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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
