Ransomware Extortion Skyrockets in 2023, Reaching $449.1 Million and Counting

Jul 12, 2023THNRansomware / Cyber Threat Ransomware has emerged as the only cryptocurrency-based crime to grow in 2023, with cybercriminals extorting nearly $175.8 million more than they did a year ago, according to findings from Chainalysis. “Ransomware attackers are on pace for their second-biggest year ever, having extorted at least $449.1 million through June,” the…

BT to find new CEO amid takeover rumours

BT CEO Philip Jansen has revealed his plans to step down from his position, sparking rumours of a possible takeover bid for the telecommunications company. BT stated that Jansen would depart at an “appropriate moment” within the next 12 months.  The news comes as BT intensifies efforts with advisors Robert Warsaw and Goldman Sachs to…

BT to find new CEO amid takeover rumours

BT CEO Philip Jansen has revealed his plans to step down from his position, sparking rumours of a possible takeover bid for the telecommunications company. BT stated that Jansen would depart at an “appropriate moment” within the next 12 months.  The news comes as BT intensifies efforts with advisors Robert Warsaw and Goldman Sachs to…

Lucid stock falls as sales miss expectations

Lucid’s future was already cloudy, but lately the EV startup’s name is practically a misnomer.  On Wednesday, Lucid told investors that it delivered 1,404 of its Air sedans during the second quarter, missing Wall Street analysts’ expectations by nearly 600 vehicle deliveries. The startup also said it built 2,173 vehicles during Q2, down from 2,314…

Lucid stock falls as sales miss expectations

Lucid’s future was already cloudy, but lately the EV startup’s name is practically a misnomer.  On Wednesday, Lucid told investors that it delivered 1,404 of its Air sedans during the second quarter, missing Wall Street analysts’ expectations by nearly 600 vehicle deliveries. The startup also said it built 2,173 vehicles during Q2, down from 2,314…