Telit to acquire Thales’ IoT unit for 25% of expanded, rebranded industrial IoT business

Italian-American IoT module maker Telit is to acquire the cellular IoT unit of French aerospace, defence, and security company Thales in return for a quarter-share of its expanded industrial IoT business. Thales will take a 25 percent stake in the expanded Telit business, headquartered in California, which will be rebranded as Telit Cinterion. Telit’s automotive…

North Korean Hackers Using Malicious Browser Extension to Spy on Email Accounts

A threat actor operating with interests aligned with North Korea has been deploying a malicious extension on Chromium-based web browsers that’s capable of stealing email content from Gmail and AOL. Cybersecurity firm Volexity attributed the malware to an activity cluster it calls SharpTongue, which is said to share overlaps with an adversarial collective publicly referred…