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Blog
OpenAI seeks $6.5 billion investment as costs continue to mount
OpenAI is seeking to raise $6.5 billion from investors with a further $5bn in credit from banks — valuing the AI startup at $150 billion. The Microsoft-backed AI startup hasn’t yet confirmed the investment. However the funding round is reportedly led by Thrive Capital and may include further investment from Microsoft, which has already invested $13bn in the company. The…
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SaaS security woes continue to haunt cyber teams
More than three-quarters of technology leaders say they’re concerned about SaaS security threats, prompting calls for more robust development practices. The findings of the Onymos SaaS Disruption Report reveal that enterprises prioritize data privacy and security, with 65% and 72% respectively saying that they’re the most critical priorities in the app development process. An overwhelming 91% of the tech leaders…
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Toyota’s cyber woes continue as latest breach marks fifth major IT incident in two years
Toyota has confirmed its network was breached after a threat actor listed a 240GB trove of data stolen from the company’s internal systems on an underground hacking forum. The Japanese car manufacturer admitted its systems had been compromised on 19 August, after a threat collective operating under the name ZeroSevenGroup said it breached one of the firm’s US branches. The…
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