Tech News Hub: WEEKLY NEWS INSIGHTS
Welcome to another weekly news roundup where we highlight our top stories of the week. To begin with, the FBI has given cybercriminal groups a reason to worry after successfully taking down the notorious Hive gang. The 7-month operation resulted in the takedown of the gang's servers and the recovery of decryption keys for over 300 companies that would have ended up paying $130 million in ransom fees.
Moving on to our top Channel story of the week, cloud market provider Pax8 has appointed Rob Rae as its corporate vice president (CVP) of community and ecosystems. For the uninitiated, Rae is an IT channel veteran whose influence in the industry cannot be overstated. Rae’s previous job was at Datto where he was serving as the senior vice president of business development.
Still on cloud, telecommunication company BT is going hard on digital migration and has contracted Kyndryl to help move their legacy mainframe applications to the cloud. This is part of their plans to cut operations costs by £3 billion by the end of 2025 as well as move their customers from legacy copper cables to modern fibre.
Unfortunately, despite best efforts from all those involved, cybercrime continues to be a growing menace. Kaspersky released a report in which it analysed job postings on the dark web and it shows an increase in demand for hackers as well as IT professionals. It gets crazier the cybercrime organisations are offering employee benefits like paid leave and salaries of up to $1.2 million.
In other news, French IT services provider Atos had a fallout with the UK National Employment and Savings Trust (Nest) leading to the termination of their 10-year contract after only two years of working together.
In other top news, Microsoft Azure customers subscribed to the savings plan will need to track their cloud usage manually after Microsoft announced that the product’s real-time tracking and notification feature was broken.
Last week, ServiceNow marked the end of its fiscal year 2023 which has been rather eventful. But what took centre stage was the CEO’s announcement of their new president and COO who is non-other than their long-serving chief product engineering officer, Chirantan “CJ” Desai. The new president has been at the company for half a decade during which he has been instrumental in strengthening the ServiceNow platform and driving customer experience to new heights.