Recent cyberattacks on Snowflake customers, attributed to infostealer malware, have impacted over 100 confirmed and 165 potentially exposed businesses, per Mandiant.

A report by Australia's Information Commissioner details how operational failures allowed hackers to breach Medibank, stealing data from 9 million people.

The manufacturing sector saw a significant rise in ransomware attacks in 2023, with two-thirds of organizations affected.

Brad Smith, Microsoft's President and Vice Chair, vows to fully address security failures outlined in a March Cyber Safety Review Board report during his April 12, 2023 testimony at the Semafor World Economic Summit in Washington D.C. He acknowledges Microsoft's pivotal role in global cybersecurity, operating data centers in 32 countries and collaborating closely with the U.S. government and allies.

The Bank for International Settlements (BIS) and the Monetary Authority of Singapore (MAS) have developed a blueprint for a platform to integrate regulatory and climate data, aiding financial authorities in managing climate risks.

In a notable development for the technology sector, Janco Associates has reported the first signs of a potential recession impacting IT professionals. The latest data indicates a concerning uptick in the unemployment rate for IT workers, a shift that could signal broader economic challenges ahead.

Mastercard has set an ambitious goal to achieve 100% e-commerce tokenisation in Europe by 2030. This initiative aims to phase out manual card entry, making online shopping safer and more accessible for consumers and merchants alike.