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IBM To Cut Thousands of Roles in Focus on Software Growth

3 days 6 hours ago
IBM will cut thousands of roles this quarter while it continues to shift focus to higher-growth software and services, Bloomberg News reported on Tuesday. From a report: "We routinely review our workforce through this lens and at times rebalance accordingly," Bloomberg quoted a company spokesperson saying. "In the fourth quarter we are executing an action that will impact a low single-digit percentage of our global workforce."

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Ex-Cybersecurity Staff Charged With Moonlighting as Hackers

3 days 7 hours ago
Three employees at cybersecurity companies spent years moonlighting as criminal hackers, launching their own ransomware attacks in a plot to extort millions of dollars from victims around the country, US prosecutors alleged in court filings. From a report: Ryan Clifford Goldberg, a former incident response supervisor at Sygnia Consulting, and Kevin Tyler Martin, who was a ransomware negotiator for DigitalMint, were charged with working together to hack five businesses starting in May 2023. In one instance, they, along with a third person, received a ransom payment of nearly $1.3 million worth of cryptocurrency from a medical device company based in Tampa, Florida, according to prosecutors. The trio worked in a part of the cybersecurity industry that has sprung up to help companies negotiate with hackers to unfreeze their computer networks -- sometimes by paying ransom. They are also accused of sharing their illicit profits with the developers of the type of ransomware they allegedly used on their victims. DigitalMint informed some customers about the charges last week, according to a document seen by Bloomberg News. The other person who was allegedly involved in the scheme was also a ransomware negotiator at the same firm as Martin but wasn't charged, according to court records. The person wasn't identified in court records, nor were the companies that were the defendants' former employers. Sygnia confirmed Goldberg had worked there. Martin last year gave a talk at a law school, which listed him as an employee of DigitalMint.

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UK judge delivers a 'damp squib' in Getty AI training case, no clear precedent set

3 days 7 hours ago
Experts disagree about what the ruling means for AI training on copyrighted material

London's High Court has dismissed the major portions of Getty Images' lawsuit against generative AI firm Stability AI for training its image-generation model on copyrighted images, which some legal experts say could weaken intellectual property laws. However, others saw daylight for trademark and copyright protection in the judge's ruling.…

Brandon Vigliarolo

Russian spies pack custom malware into hidden VMs on Windows machines

3 days 8 hours ago
Curly COMrades strike again

Russia's Curly COMrades is abusing Microsoft's Hyper-V hypervisor in compromised Windows machines to create a hidden Alpine Linux-based virtual machine that bypasses endpoint security tools, giving the spies long-term network access to snoop and deploy malware.…

Jessica Lyons

Amazon Accuses Perplexity of Computer Fraud, Demands It Stop AI Agent From Buying On Its Site

3 days 8 hours ago
Amazon has sent a cease-and-desist letter to Perplexity AI demanding that the AI search startup stop allowing its AI browser agent, Comet, to make purchases online for users. From a report: The e-commerce giant is accusing Perplexity of committing computer fraud by failing to disclose when its AI agent is shopping on a user's behalf, in violation of Amazon's terms of service, according to people familiar with the letter sent on Friday. The document also said Perplexity's tool degraded the Amazon shopping experience and introduced privacy vulnerabilities, said the people, who spoke on condition of anonymity to discuss internal matters. In response, Perplexity said Amazon is bullying a smaller competitor with a rival AI agent shopping product. The clash between Amazon and Perplexity offers an early glimpse into a looming debate over how to handle the proliferation of so-called AI agents that field more complex tasks online for users, including shopping. Like OpenAI and Alphabet's Google, Perplexity has pushed to rethink the traditional web browser around AI, with the goal of having it streamline more actions for users, such as drafting emails and conducting research.

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