US government sanctions tech company involved in cyber scams

US government sanctions tech company involved in cyber scams

The U.S. government imposed sanctions on Funnull, a company accused of providing infrastructure for cybercriminals running “pig butchering” crypto scams that have led to $200 million in losses for American victims.  On Thursday, the Treasury’s Office of Foreign Assets Control announced the sanctions, saying Funnull is “linked to the majority of virtual currency investment scam…

Read More
#Socket lands a fresh M to scan software for security flaws

#Socket lands a fresh $40M to scan software for security flaws

The software supply chain, which comprises the components and processes used to develop software, has become precarious. According to one recent survey, 88% of companies believe poor software supply chain security presents an “enterprise-wide risk” to their organizations. Open source supply chain components are especially fraught, thanks to the logistical hurdles in keeping each component well-maintained….

Read More
#Top 5 Use Cases of AI in Manufacturing

#Top 5 Use Cases of AI in Manufacturing

Businesses are now reaping significant profits by strategically integrating artificial intelligence technologies. AI in manufacturing has created various opportunities for businesses to grow, such as optimizing production processes to increase efficiency and reduce costs, facilitating personalized product customization to meet customers’ evolving needs and preferences, and enhancing quality control processes to ensure consistent products.  One…

Read More