Experts count staggering costs incurred by UK retail amid cyberattack hell Cyber Monitoring Centre issues first severity assessment since February launch Britain's Cyber Monitoring Centre (CMC) estimates the total cost of the cyberattacks that crippled major UK retail organizations recently could be in the region of £270-440 million ($362-591 million).… #theregister #IT
UK retail’s estimated cyberattack costs pegged at $500M+
: Cyber Monitoring Centre issues first severity assessment since February launch
Economists sceptical over UK Spending Review's partly AI-driven 10% budget cuts MPs hear doubts over efficiency savings that are reliant on speculative gains from IT, machine learning Leading economists have questioned how the UK government's Spending Review can determine exactly 10 percent cuts to admin budgets — partly powered by AI and digital transformation — across ce… #theregister #IT
Economists sceptical on UK Spending Review
: MPs hear doubts over efficiency savings that are reliant on speculative gains from IT, machine learning
The one thing SME IT can do that the big guys can’t: Change the world Not quite the answer to life, the universe and everything, but not far off Opinion  The smaller the org, the better the jobs. Not universally true, but a good rule of thumb. Small organizations have fewer layers of management, and each individual has much more influence. One voice in 50 is 100 times louder than on… #theregister #IT
One thing SME IT can do that big tech can’t: Rapid changes
Opinion: Not quite the answer to life, the universe and everything, but not far off
Techie went home rather than fix mistake that caused a massive meltdown And was saved by an even worse meltdown caused by someone else Who, Me?  Welcome to another working week and therefore another installment of Who, Me? – The Register's reader-contributed column where you confess to making a mess and somehow find safe egress.… #theregister #IT
Techie made mistake that caused a meltdown
Who, Me?: And was saved by an even worse meltdown caused by someone else
Huawei chair says the future of comms is fiber-to-the-room, which China has and the rest of us don’t Also points to important markets among the 300 million people who will soon work as delivery riders or influencers Huawei’s chairman Xu Zhijun – aka Eric Xu – has called out China’s enormous lead in fiber-to-the-room (FTTR) installations.… #theregister #IT
Huawei chair says the future of comms is fiber-to-the-room
: Also points to important markets among the 300 million people who will soon work as delivery riders or influencers
AI-hosted infomercial shifts $7.5 million worth of product in China PLUS: India tries to untangle TXT marketing opt-ins; China’s AI crackdown succeeds; Australia and Boeing team AWACS, drones; and more! Asia In Brief  Chinese web giant Baidu last week staged a livestream hosted by an AI version of local influencer Yonghao Luo and scored 13 million hits and $7.5 million of sales.… #theregister #IT
AI-hosted infomercial is a big hit in China
Asia In Brief: PLUS: India tries to untangle TXT marketing opt-ins; China’s AI crackdown succeeds; Australia and Boeing team AWACS, drones; and m...
Former US Army Sergeant pleads guilty after amateurish attempt at selling secrets to China PLUS: 5.4M healthcare records leak; AI makes Spam harder to spot; Many nasty Linux vulns; and more Infosec in brief  A former US Army sergeant has admitted he attempted to sell classified data to China.… #theregister #IT
Former US Army Sergeant admits he sold secrets to China
Infosec in brief: PLUS: 5.4M healthcare records leak; AI makes Spam harder to spot; Many nasty Linux vulns; and more
The AIpocalypse is here for web sites as search referrals plunge Turn out the lights, the internet is over Google AI Overviews and other AI search services appear to be starving the hand that fed them.… #theregister #IT
AI search finds publishers starved of referral traffic
: Turn out the lights, the internet is over
Teens used encrypted chats to recruit for 'violence as a service' murder ring, Europol says Skull emoji knife emoji moneybag emoji Seven people, including a 14-year-old, have been arrested or surrendered to Danish authorities after allegedly using encrypted messaging apps to hire other teenagers for contract killings in what Europol calls a "violence-as-a-service" operation.… #theregister #IT
Seven held in Europe-wide teen murder-for-hire ring
: Skull emoji knife emoji moneybag emoji
Netflix, Apple, BofA websites hijacked with fake help-desk numbers Don’t trust mystery digits popping up in your search bar Scammers are hijacking the search results of people needing 24/7 support from Apple, Bank of America, Facebook, HP, Microsoft, Netflix, and PayPal in an attempt to trick victims into handing over personal or financial info, according to Malwarebytes senior… #theregister #IT
Netflix, Apple, BofA sites hijacked with fake help numbers
: Don’t trust mystery digits popping up in your search bar