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Damages caused by faulty CrowdStrike update could reach up to 1.5 billion dollars

Cyber risk analytics firm CyberCube estimates that the preliminary insured losses from the CrowdStrike IT outage could be anywhere between $400 million and $1.5 billion.
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Spanish regulator investigating Apple for anti-competitive practices in App Store

The Comisión Nacional de los Mercados y la Competencia (CNMC), the Spanish competition authority, has launched an investigation into Apple for possible anti-competitive practices within the App Store.
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ICANN issues breach notice to .top registry operator

The Internet Corporation for Assigned Names and Numbers (ICANN) is threatening to cancel its contract with the company that’s responsible for the .top registry top-level domain name.
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Law enforcement authorities take down criminal DDoS-for-hire service

Law enforcement agencies from Northern Ireland, the United Kingdom, and the United States have taken down the “world’s most prolific DDoS-for-hire service.”
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CrowdStrike: ‘bug in content validator root cause of global outage’

Due to a bug in the Content Validator, a faulty update was released, causing a worldwide outage.
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Wiz is pulling the plug on multi-billion dollar acquisition

Israeli cybersecurity startup Wiz is no longer talking to Google’s parent company Alphabet on an alleged 23 billion dollar acquisition deal.
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Meta can’t say Facebook and Instagram are ‘free’

Meta is misleading Facebook and Instagram users by using the term ‘free’ when describing its ‘pay or okay’ business model.
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Authorities arrest teenager for MGM Resorts hack

In coordination with the FBI, the West Midlands Police arrested a 17 year old boy from Walsall regarding the cyberattack on MGM Resorts last year.
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Two Russians admit being members of LockBit ransomware group

Two Russian nationals pleaded guilty to participating in the LockBit, one of the most prolific ransomware operations in the world at the time. They face 25 to 45 years in prison.
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Faulty CrowdStrike security update causes BSODs, delays and other inconveniences

Millions of Windows computers all over the world are displaying the dreading blue screen of death (BSOD). These problems are caused by a glitch in the CrowdStrike security software.
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Dutch DPA to local authorities: ‘Be hesitant when using artificial intelligence’

The Autoriteit Persoonsgegevens (AP), the Dutch privacy regulator, is asking local municipalities to be vigilant when using artificial intelligence (AI).
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Proton introduces privacy-focused writing assistant Scribe

Proton has announced Scribe, a smart and privacy-first writing assistant that’s built into Proton Mail and helps you with composing and improving your drafts.
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MarineMax data breach affects over 123,000 customers and employees

MarineMax, an American recreational boat and yacht retailer, says that a data breach, which happened last March, has impacted 123,494 individuals.
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EU Court says European Commission can label TikTok as a gatekeeper

According to the General Court of the Court of Justice of the European Union, the European Commission is allowed to designate ByteDance’s social media platform TikTok as a gatekeeper, as is determined to the Digital Markets Act (DMA).
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Furniture company shuts down systems after cyberattack

Bassett Furniture Industries, Inc. noticed that an unauthorized party had gained access to its business network.
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ZTE Nubia presents newest high-end gaming smartphone Red Magic 9S Pro

Chinese smartphone manufacturer ZTE Nubia has launched a brand-new flagship called the Red Magic 9S Pro, a gaming smartphone with ‘game-changing power’.
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Kaspersky offers six months of free anti-virus software for U.S. customers

Russian security software provider Kaspersky is offering free security products for six months, solely to consumers in the United States.
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Dutch DPA fines AS Watson for installing tracking cookies without consent

The Autoriteit Persoonsgegevens, the Dutch data protection authority (DPA), imposes a 600,000 euro fine on AS Watson, an international health and beauty retailer.
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Court: ‘X in violating of DSA by shadowbanning account of Dutch entrepreneur’

The court of Amsterdam condemns X of shadowbanning the account of a Dutch user. The social media platform is therefore in violation of the Digital Services Act (DSA).
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Kaspersky is closing its doors in the United States this week

The Moscow-based cybersecurity and anti-virus provider Kaspersky is shutting down its operation in the United States on Saturday July 20.
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