FIN7 Cybercrime Syndicate Emerges as Major Player in Ransomware Landscape

An exhaustive analysis of FIN7 has unmasked the cybercrime syndicate’s organizational hierarchy, alongside unraveling its role as an affiliate for mounting ransomware attacks. It has also exposed deeper associations between the group and the larger threat ecosystem comprising the now-defunct ransomware DarkSide, REvil, and LockBit families. The highly active threat group, also known as Carbanak,…

Current infrastructure can’t support the metaverse

Huawei’s chief strategist in the Middle East believes that current infrastructure cannot support the metaverse. Most current “metaverse” experiences are just online games capitalising on the hype around the term. Long term, the ambitious vision for the metaverse is a series of decentralised interoperable virtual worlds.  True metaverse experiences will allow users to take their…

Fatal police shooting of startup founder puts Austin’s diversity problem in the spotlight • TechCrunch

Rajan “Raj” Moonesinghe (right) and his brother Johann Moonesinghe (left) pictured with their cousin (center). Image Credits: Johann Moonesinghe For years, Austin has made headlines as an evolving tech hub where startups, large companies and investors alike have flocked to set up a presence. But as 2022 closes, the Texas capital is in the news…