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Citi, Goldman, Morgan Stanley, LSEG, Natwest Group, and RBC are all participating amid concerns at the opacity of public cloud security and resilience tests and controls.
Fire-fighting was not helped by Global Switch’s fire suppression system “running out of water”. The incident also introduced water and soot contamination. Google Cloud’s affected racks had to be taken apart, thoroughly cleaned and reassembled before they could be restarted.
Slack had alleged that Microsoft “created a weak, copycat product and tied it to their dominant Office product, force installing it and blocking its removal"
The US Chamber of Commerce had fumed that the SEC’s “unprecedented micromanagement of companies’ cybersecurity programs is misguided"
Role up your sleeves, gird your loins, dust off those "outstanding influencing, negotiating and conflict resolution skills"
"Operation Triangulation" continues after the Russian security firm was hacked by a sophisticated adversary using a zero-click iOS chain...
"HSBC’s processes, systems and staff were not capable of detecting and reporting these breaches until December 2022. The inability for HSBC to determine the scale of these breaches due to the inadequacy of its systems and processes is a further concern."
"In another example, a custom-built application relied on an old version of Apache Log4J for logging, and the updates to Log4J did not support data in the same way. There was no budget for this application to be rebuilt at the time..."
$10.7 billion in Q4 CapEx was "both the data centers… plus CPUs and GPUs and networking equipment" with spending to accelerate, said CFO Amy Hood.
