Latest Cloud News

  • The US Secret Service Issues Ransomware Warning
    The US Secret Service Issues Ransomware Warning
    The US Secret Service issued a security alert about ransomware attacks. The US Secret Service issued a warning about an increase in hacks targeting managed service providers, or MSPs, of both the US private sector and various government entities. According to a document published by ZDNet on June 7, threat actors have been widely relying on ransomware attacks, point-of-sale intrusions, and business email compromise scams to breach the internal networks of MSP customers. Remote management software under threat MSPs are service providers related to remote management software for enterprises, including file-sharing systems for internal networks, which could also be hosted inside a cloud infrastructure. US Secret Service officials issued a warning, stating in part that: “Due to the fact a single MSP can service a large number of customers, cybercriminals are specifically targeting these MSPs to conduct their attacks at scale to infect multiple companies through the same vector.” Ransomware gangs target MSPs In 2019, ransomware groups like GandCrab and REvil became known for targeting MSPs to deploy their attacks.
  • Dfinity Opens Platform to Outside Developers, Launches Decentralized TikTok Rival
    Dfinity Opens Platform to Outside Developers, Launches Decentralized TikTok Rival
    Decentralized cloud computing startup Dfinity has announced that its "Internet Computer" is now open to third-party developers.
  • ConsenSys and AMD raise $20 million for blockchain cloud service
    ConsenSys and AMD raise $20 million for blockchain cloud service
    The technology could reduce the industry’s reliance on Amazon Web Services.
  • AMD and ConsenSys' Blockchain Data Center Venture Gets $20M of Seed Funding
    AMD and ConsenSys' Blockchain Data Center Venture Gets $20M of Seed Funding
    AMD and ConsenSys’ W3bcloud joint venture obtained $20 million through the sale of convertible notes. The joint blockchain cloud computing venture of computing giant AMD and Ethereum-focused development firm ConsenSys has received $20.5 million in funding. According to a June 25 announcement, AMD and ConsenSys’ W3bcloud joint venture obtained the funds through the sale of convertible notes to the founding firms and several family offices in the United Arab Emirates.
  • AMD-Backed Blockchain Project Amassing 20K GPUs But Won’t Say Why
    AMD-Backed Blockchain Project Amassing 20K GPUs But Won’t Say Why
    Following a seed funding round, AMD and Consensys-backed W3BCLOUD is tripling its GPU capacity for a range of new blockchain functions they don't want to discuss – yet.