software News

Hacked Software Provider Acknowledges Ransomware Attack

DALLAS — A major U.S. provider of software services to state and local governments acknowledged Friday that it was hit by a ransomware attack two days after telling clients an unknown intruder had compromised its phone and information technology systems. …

NTSB Says Boeing 737 MAX Safety Upgrades Are ‘Positive Progress’

CHICAGO/SEATTLE/WASHINGTON — The U.S. air accident investigator said on Thursday that proposed safety upgrades in the Boeing Co 737 MAX jet were “positive progress” toward meeting cockpit and systems recommendations it made after faulting Boeing and the Federal Aviation Administration …

Russian Man Offered Worker $1M to Sow Malware in Nevada

LAS VEGAS — A Russian citizen has been arrested and charged with offering an employee of a Nevada company $1 million to sow malware for an attack to harvest company data for ransom, U.S. authorities said Tuesday. Egor Igorevich Kriuchkov, …

Apax-Backed Insurance Software Firm Duck Creek Raises IPO Price Range

Duck Creek Technologies Inc, a software company that serves the property and casualty (P&C) insurance market, on Wednesday raised the price range for its initial public offering (IPO) and expects to raise about $375 million. Boston-based Duck Creek, which is …

Robots Running the Industrial World Are Open to Cyber Attacks

Industrial robots are now being used to assemble everything from airplanes to smartphones, using human-like arms to mechanically repeat the same processes over and over, thousands of times a day with nanometric precision. But according to a new report entitled …

How Tesla Defined a New Era For the Global Auto Industry

FRANKFURT/BEIJING/DETROIT — Tesla Inc’s rapid rise to become the world’s most valuable carmaker could mark the start of a new era for the global auto industry, defined by a Silicon Valley approach to software that is overtaking old-school manufacturing know-how. …

Friss: Fraud Investigations Rising Even as Claims Volumes Drop

Fraud inevitably rises after natural disasters and during economic downturns. The COVID-19 pandemic has brought both conditions to the entire globe at once. Fraud-prevention advocates have long been warning about the coming increase in fraudulent claims. Data from Friss, a …

Companies Bet On AI Cameras to Track Social Distancing, Limit Liability

Stores and workplaces eager to avoid spreading the novel coronavirus are equipping existing security cameras with artificial intelligence software that can track compliance with health guidelines including social distancing and mask-wearing. Several companies told Reuters the software will be crucial …

Apple Says “No Evidence” iPhone Mail Flaw Used Against Customers

Apple Inc said on Thursday it has found “no evidence” a flaw in its email app for iPhones and iPads has been used against customers, and that it believes the flaw does “not pose an immediate risk to our users.” …

Flaw In iPhone, iPads May Have Allowed Hackers to Steal Data for Years

Apple Inc. is planning to fix a flaw that a security firm said may have left more than half a billion iPhones vulnerable to hackers. The bug, which also exists on iPads, was discovered by Zuk Avraham, chief executive of …