software News

Little-Known Solarwinds Gets Scrutiny Over Hack, Stock Sales

Before this week, few people were aware of SolarWinds, a Texas-based software company providing vital computer network monitoring services to major corporations and government agencies worldwide. But the revelation that elite cyber spies have spent months secretly exploiting SolarWinds’ software …

Kia Recalls 295,000 US Vehicles for Fire Risks

WASHINGTON — Kia Motors Corp said on Saturday it is recalling 295,000 U.S. vehicles for engine fire risks. The Korean automaker said the recall covers some 2012-2013 model year Sorento, 2012-2015 Forte and Forte Koup, 2011-2013 Optima Hybrid, 2014-2015 Soul, …

CoreLogic to Hold Takeover Talks With CoStar, Warburg

CoreLogic Inc. is in discussions with CoStar Group Inc. and a consortium consisting of Warburg Pincus and GTCR about a potential takeover, valuing the company at more than $80 a share, according to a person familiar with the matter. CoStar …

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 …