News Briefs

European Domain Market Faces Headwinds Amid Inflation and Regulatory Challenges

The European domain market is grappling with the combined pressures of inflation, energy prices, and EU regulations, which are impacting registry financials and operations. more

FBI Director Warns of Vastly Outnumbered US Cyber Intelligence Staff in Face of Chinese Hackers

The Federal Bureau of Investigation (FBI) is facing a massive cybersecurity challenge as the U.S. is vastly outnumbered by Chinese hackers, according to FBI Director Christopher Wray. In testimony before the House Appropriations Subcommittee on Thursday, Wray urged Congress to provide the FBI with more funds to bolster its cyber intelligence staff. more

UK Announces £100 Million in Funding to Help the Nation Build and Adopt the Next Generation of ‘Sovereign’ AI

The UK's Foundation Model Taskforce has been established in response to the UK government's ambition to become a leader in the development and use of artificial intelligence (AI). The task force will be supported by £100 million of investment and will focus on building the UK's 'sovereign' national capabilities, so public services can benefit from the transformational impact of this type of AI. more

China Developing Cyber Weapons to Gain Control of Enemy Satellites

According to a leaked US intelligence report, China is developing capabilities to "deny, exploit or hijack" enemy satellites as a core part of its goal to control information.  more

47 of the World’s 70 Largest Economies Now Have Active 5G Networks, US Takes the Lead Over China

The United States has taken the lead in the number of 5G cities, surpassing China for the first time. There has been a large increase of 5G cities in the U.S., with 503 cities now having 5G networks, compared to 297 in May 2022. more

Global 5G Connections Expected to Reach 1.9 Billion by End of 2023 and 5.9 Billion by End of 2027

The fifth generation of wireless cellular networks, "5G", has seen remarkable growth in the last year, reports industry trade organization 5G Americas. more

Microsoft, Fortra, and Health-ISAC Take Legal Action Against the Abuse of Cobalt Strike to Combat Ransomware Attacks

A group of companies, including Microsoft, have collaborated to launch a major action to disrupt the use of cracked, legacy copies of the security tool Cobalt Strike which cybercriminals have abused to deploy ransomware. more

Norwegian Cruise Line Joins the Fleet of Cruise Liners to Adopt Starlink Satellite Broadband Service

Norwegian Cruise Line (NCL) has announced the start of the trial for Starlink, a satellite broadband service, on one of its ships - the Norwegian Breakaway. NCL plans to potentially deploy the service across eight cruise ships this year. This includes the three new additions to its fleet - Vista, Norwegian Viva, and Seven Seas Grandeur. If the trials are successful, NCL will equip these vessels with Starlink terminals. more

US-China Tech War Threatens Global Internet Infrastructure: China Plans $500 Million Subsea Cable Rival

Chinese state-owned telecom firms plan an extensive undersea fiber-optic internet cable network to link Asia, the Middle East, and Europe. The cable, to be named EMA (Europe-Middle East-Asia), would cost approximately $500 million to complete and be manufactured and laid by China's HMN Technologies Co Ltd, a fast-growing cable firm whose predecessor company was majority-owned by Chinese telecom giant Huawei Technologies Co Ltd. more

UK Communications Watchdog Calls for Investigation into Microsoft and Amazon’s Cloud Market Dominance

The UK's communications watchdog, Ofcom, has proposed referring Microsoft and Amazon to the Competition and Markets Authority (CMA) for further investigation into their dominance of the cloud computing market. more

FBI Takes Down ‘Genesis Market’ Cybercrime Store: Dozens Arrested Worldwide

Today's FBI action against Genesis Market is the latest in a string of coordinated efforts to take down bot shops and other services that enable cybercrime. Earlier this year, the FBI seized Webstresser.org, a DDoS-for-hire service that was thought to be responsible for launching a massive attack against the City of Atlanta in 2018.  more

Meta Spells Out Absurdity of EU’s Plan to Tax Big Tech for Broadband Expansion

The EU is proposing a telecom-industry-backed plan to effectively tax Big Tech companies, with the intention of throwing that money toward Big Telecom companies for broadband expansion. The proposal is part of the EU's efforts to craft digital policies for the next few decades, with an eye on shoring up lagging broadband access. more

German Authorities Seize Servers of Cybercriminal DDoS-for-Hire Service FlyHosting

FlyHosting had been open for business since November 2022 and was used for malicious activities such as hosting malware, botnet controllers, and carrying out DDoS attacks. more

India Seeks Alternatives to NSO Group Spyware Amid Global Snooping Scandals

The Indian government is seeking to acquire new spyware in an effort to replace the controversial Pegasus system, which has been blacklisted by the US government. more

‘Vulkan Files’ Leak Reveals Unique Insight Into Russian Cyber-War Plans

According to reports on Thursday, an anonymous person has Leaked confidential documents of NTC Vulkan, a Moscow-based defense contractor. It is believed that the documents are authentic and have been provided by an anonymous source who was greatly disturbed by Russia's attack on Ukraine.  more