Thursday, June 1, 2023

Cybersecurity Now Trumps Financial Performance for Most CEOs

Cyberattacks have become concerningly commonplace these days, and that is leading to many CEOs reshuffling their priorities with all things having been considered and taken into account. Breaches in cybersecurity can be devastating because of the fact that this is the sort of thing that could potentially end up holding back the financial performance of a company. Hence, many CEOs around the world now consider staving off cyber threats to be more important than finances.

This data comes from a survey of around 2,500 CEOs which was conducted by Palo Alto Networks. These CEOs hail from a variety of locations including the UAE, UK, Brazil, Germany and France. With all of that having been said and now out of the way, it is important to note that 51% of CEOs reported suffering from sleepless nights due to the ever present threat of cyber attacks.

Only 16% of CEOs feel that they know enough to prevent such attacks. Since 21% of them consider protecting their companies from these threats as their sole responsibility, these sleepless nights are quite understandable. 24% feel that this responsibility is shared between them and their Chief Information Officers, which doesn’t change the very real stress that can come with the increasingly dangerous presence of malware and other forms of cyber attacks that can set a company back by a large margin.

In spite of the fact that this is the case, 78% claimed that they have confidence in their company’s ability to keep these attacks at bay. 74% also said that they have a versatile framework that can be adapted to suit various types of attacks, although just 36% said that they would be willing to collaborate with an incident response team.

Interestingly, just 34% of CEOs said that they would pay a ransom if their organization were to suffer from a ransomware attack. It is widely known that paying this ransom can make a future ransomware attack far more likely than might have been the case otherwise, so it is heartening sign that so many CEOs know that they should not cave in to the demands of malicious actors.


Read next: New Report Reveals Top Security Threats for 2023
by Zia Muhammad via Digital Information World

WhatsApp Enhances User Experience with New Features for iPhone and Windows

WhatsApp, the Meta-owned platform, has recently introduced two updates that enhance user experience. These updates include the latest Companion Mode for iPhone users, as well as the app language feature along with draft filter for unsent texts, introduced in the beta version for Windows.

The app developers have always strived to improve the interface and offer a seamless messaging experience. With the newest feature getting released, iPhone users will be allowed access to the Companion Mode. This option lets users to mirror their app conversations on a connected device, such as an iPad or Mac. By syncing their account across different devices, users can easily revisit their messages and carry on conversations without changing between devices. This new functionality is meant to simplify communication and enhance productivity for iPhone users who work across multiple Apple products .

Screenshot: Wabetainfo
Furthermore, the testing version for Windows has received two noteworthy updates. The first one is the app language update, which enable audience to choose their desired language for the app’s interface. It will serve those who are comfortable using the app in a language other than English. By providing a variety of different options, WhatsApp ensures a personalized and inclusive experience for its global user base.

The second one introduced is the text draft filter. It is designed to help people manage their drafts more efficiently. When writing a text message and leaving it unfinished, WhatsApp will now automatically save it as a draft. With the availability of draft option, users can easily locate and access these saved texts, making it convenient to move forward with the conversations right where it was left off. It will be helpful for individuals who frequently change between conversations or have more than one ongoing chats.


Both of these updates demonstrate WhatsApp’s commitment to continuous improvement and innovation. By implementing the Companion update, the platform will make it easy for iPhone version audience to seamlessly communicate across their Apple devices. Meanwhile, the other 2 updates released for Windows version provides personalization features and efficiency in managing conversations.

Audience can look forward to these changes in the future as the pilot variant has already started taking off and will soon be available on other devices and platforms. These updates not only enhance the user experience but also reflect WhatsApp’s dedication to providing a user-friendly messaging experience.

Read next: New Features Coming to WhatsApp: Screen Sharing For All Users and Status Archive for Businesses


by Arooj Ahmed via Digital Information World

Massive Android Spyware Epidemic: Over 400 Million Android App Downloads Under Attack

In a shocking revelation, cybersecurity researchers at Dr. Web have uncovered a new strain of Android malware that has made its way into multiple apps, previously available for download on the Google Play Store. This insidious malware, collectively downloaded over 400 million times, poses a significant threat to users' privacy and data security.

The recently discovered spyware, known as 'SpinOk' according to cybersecurity firm Dr. Web, functions as an integral component of an advertisement software development kit (SDK) that surreptitiously embeds itself within legitimate applications. Its main purpose is to illicitly gather private data from users' devices and surreptitiously transmit it to a remote server, all without the users' awareness or consent. Dr. Web's report sounds the alarm, cautioning users about the significant risks associated with this malicious software.


The malicious SDK employed by SpinOk employs deceptive tactics to engage users, such as offering enticing daily rewards and incorporating mini-games to pique their interest. These seemingly innocent features serve as a smokescreen for the underlying nefarious activities the spyware performs.

Behind the scenes, SpinOk utilizes advanced techniques to evade detection and analysis. By monitoring the gyroscope and magnetometer data on the Android device, the trojan SDK verifies whether it is being scrutinized in a controlled environment, commonly employed by security researchers to assess potentially malicious apps.

Once SpinOk completes its security checks, it establishes a connection with a remote server to fetch a collection of URLs. These URLs serve as a vital component in delivering the expected mini-games to users. While users immerse themselves in these mini-games, completely unaware of any malicious activity, the SDK clandestinely carries out various harmful operations in the background.

The SpinOk SDK possesses several alarming capabilities. It can scan directories, search for specific files, upload files from the compromised device, and even manipulate clipboard contents. Of particular concern is its file exfiltration functionality, which puts users' private images, videos, and documents at risk of exposure and compromise.

Moreover, the ability of the SDK to manipulate the clipboard has sparked significant alarm. This feature empowers the malware operators to gain unauthorized access to highly sensitive information, encompassing login credentials, financial data such as credit card details, and even take hold of cryptocurrency transactions, redirecting funds to their own crypto wallet addresses.

In a startling revelation, Dr. Web's investigation has brought to light a disturbing finding - the presence of the malicious SpinOk SDK in a staggering number of apps. This malicious SDK was discovered in a total of 101 apps, resulting in an astounding cumulative download count of over 421,290,300 from the Google Play Store. Among the affected apps are several well-known and popular ones, including Noizz, Zapya, VFly, MVBit, Biugo, Crazy Drop, Cashzine, Fizzo Novel, CashEM, and Tick. Notably, Google Play acted swiftly upon learning about the malware's existence and promptly removed all the mentioned apps, with the exception of one. This proactive response demonstrates their commitment to protecting users from potential threats. Only after developers had thoroughly cleaned their software and submitted updated versions were the apps reinstated on the platform.

It is highly recommended that individuals who have downloaded any of the aforementioned apps take immediate action to safeguard their devices. Updating to the latest versions of these apps from the official Google Play Store is crucial as it will likely include security measures to protect against the malware. However, in cases where an app has been removed from the official store, it is imperative to uninstall it without delay.

Read next: Increased Interest and Career Opportunities in Cybersecurity Emerge in May 2023
by Ayesha Hasnain via Digital Information World

Canalys' Q4 Projections: Insights on US PC Market Recovery

According to Canalys, a leading analyst company, the US PC market appears to have hit its lowest point and is now poised for a recovery in the fourth quarter of the year. After experiencing a surge in desktop and notebook shipments during the work-from-home period, with over 25 M units delivered in 2021, the market witnessed a decline in subsequent quarters, with only 14 M unit shipments reported in the most recent quarter.

In Canalys' analysis of the first quarter of this year, it was found that there were 11.4 million units of notebooks shipped and 2.7 million units of desktops shipped. Unfortunately, both categories witnessed a decrease in shipments compared to the previous year, with notebooks declining by 31 percent and desktops declining by 28 percent.

On the other hand, the tablet market displayed greater resilience, experiencing a relatively modest decrease in shipments of only 7 percent, totaling 10.8 million units. It is worth noting that Apple's iPad played a substantial role in bolstering the tablet sector, recording its highest shipment numbers in the two previous quarters, surpassing the performance achieved since the first quarter of 2021.

Ishan Dutt, who holds the position of Principal Analyst at Canalys, emphasized the combination of different elements that played a role in the decline of the US PC market in early 2023. He pointed out that the expected decrease in demand following the holiday season aligned with the conclusion of inventory adjustments in the distribution channel. Consequently, the sale of PCs was subdued. Additionally, businesses have been confronting economic challenges, along with multiple increases in interest rates from the year's start till date. This situation has prompted budget-conscious organizations to prolong the use of their current PCs, focusing solely on essential upgrades.

While the tablet market experienced a modest decline overall, Apple's iPad demonstrated growth in shipments. Comparing the year 2023's first quarter to the same period the previous year, iPad shipments increased from 4.4 M to 5.4 M units, representing a growth rate of 20.5 percent. In contrast, TCL was the only other tablet company to witness growth, although the increase was a mere 0.9 percent, pale in comparison to Apple's performance. Companies such as Amazon, Samsung, and Microsoft, on the other hand, saw a decline in tablet shipments, with Microsoft experiencing the most significant drop of 30.4 percent.

In the realm of PCs, there was a notable absence of year-over-year growth across all companies. Surprisingly, Apple encountered the most severe decline in the PC market, experiencing a -35.8 percent negative yearly growth rate. Following closely behind, Lenovo faces a decline of -35 percent. However, HP performed relatively better, demonstrating greater resilience amidst market challenges, with a growth rate of -13.2 percent.

Given the rise in interest rates and the current economic challenges faced by Germany, a prominent force in Europe, there is a looming possibility that other advanced economies might also face a downturn. This potential slowdown could have implications for Canalys' projection of a recovery in the US PC market, although the ultimate outcome can only be determined with the passage of time.

In conclusion, the US PC market seems to have reached its lowest point and is now positioned for a recovery in the fourth quarter of the year. While notebook and desktop shipments have declined, the tablet market, led by Apple's iPad, has shown more resilience. The challenges faced by businesses and economic pressures have contributed to the slowdown in PC sales, with organizations opting for critical upgrades and extending the life cycle of their existing devices. As the market evolves, industry players will closely monitor the impact of external factors and adapt their strategies accordingly.



Read next: The Artificial Intelligence Dilemma: Survey Unveils Consumer Skepticism Towards AI in Customer Service
by Ayesha Hasnain via Digital Information World

TikTok’s CEO Allotted New Job By Parent Firm ByteDance

The CEO of TikTok has been in the spotlight ever since he was forced to endure an intense grilling session by the American Congress in March of this year.

Now, we’re hearing more about how Shou Zi Chew has been awarded a new additional job by TikTok’s parent firm ByteDance.

In a recently published article by The Information, it was mentioned how TikTok’s parent company wants him to be the head of one of their leading apps called Lemon8. This makes him the main supervisor for the platform as even the app’s current in charge would now be reporting to the TikTok CEO.

We saw the new app getting launched across the US at the start of this year. And that’s very interesting as it was around for quite some time in the market including places like Japan, ever since 2020 began.

As per reports from The New York Times, TikTok’s parent firm ended up hiring more influencers this past year so they could create more awareness about this platform. And in case some people are still wondering what type of app is Lemon8 then remember it has to do with lifestyle and mostly is linked to food, lifestyle, travel, and more.

Some people were seen speculating how the platform is designed to compete with another arch-rival in today’s industry like Instagram. So as you can imagine, the app really has a lot of things to do because Meta’s Instagram has a whopping figure when it comes down to active users.

Today, Lemon8 has a whopping 17.3 million download figures for users around the globe and that’s quite a staggering amount, considering the fact that it was only launched in the year 2020.

But within no time, it was able to make its mark in the American industry as recent stats from Insider Intelligence revealed. Also, let’s not forget how a small among of users of Lemon8 are those that also make use of the leading social media app TikTok.

Now, a lot of rumors are also arising linked to how Lemon8 could be a real replacement for the app and it may have been banned in America or other nations of the West as politicians continued to mention.

It’s all very interesting as the tensions rise in the US in regard to a possible ban of the app. As it is, Montana has become the first state to ban TikTok and who knows what could possibly be next.


Photo: TED / YouTube

Read next: TikTok's Captivating Video Trend: Unraveling the Allure of Sludge Videos on TikTok
by Dr. Hura Anwar via Digital Information World

Wednesday, May 31, 2023

Increased Interest and Career Opportunities in Cybersecurity Emerge in May 2023

In today’s digital age as more and more people recognize the need to protect their online activities and personal information, interest in cybersecurity has skyrocketed in recent years. May 2023 witnessed a significant surge in this trend, with Google Trends reporting a remarkable increase in both public interest and career opportunities in the field. According to the data, since 2022, the search term Cybersecurity has remained popular. Starting from ninety-seven in September till seventy in December. In 2023, the term boosted up till ninety and by May 2023, it was at it’s all time high as it reached one hundred.

One of the key factors contributing to this surge is the growing number of cyber threats and attacks. From high-profile data breaches to ransomware attacks on businesses and individuals, cybersecurity incidents have become commonplace. These incidents not only compromise personal privacy but also have severe financial and reputational consequences. As a result, people have become increasingly concerned about protecting themselves and their digital assets, which has fuelled the interest in cybersecurity.

Another driving force behind this surge is the recognition of the cybersecurity field as a promising career choice. With the increasing demand for skilled professionals, job opportunities in cybersecurity have expanded exponentially. Organizations across industries are actively seeking individuals with expertise in areas such as network security, ethical hacking, and data protection. The potential for career growth and attractive salary packages have charmed many individuals to explore a career in this field.

Moreover, the emergence of new technologies and trends has further fuelled the interest in cybersecurity. Professionals in this field are tasked with safeguarding sensitive data, securing networks, and developing innovative solutions to combat emerging threats. The ever-evolving nature of cybersecurity keeps the field dynamic and appealing to individuals seeking challenges.

To meet the rising demand, educational institutions and training centres have responded by offering comprehensive cybersecurity programs. These programs equip aspiring professionals with the necessary knowledge and skills to succeed in the field. Additionally, online courses and certifications have made cybersecurity education more accessible than ever before.

In conclusion, the surge in interest in cybersecurity and the abundance of career opportunities in May 2023 demonstrate the growing recognition of the importance of protecting the digital lives. The increasing number of cyber threats, coupled with the allure of a rewarding and intellectually stimulating career, has sparked a surge of interest in the field. As technology continues to advance, the demand for skilled cybersecurity professionals will only continue to grow.




Read next: Podcast Ad Spending Expected to Reach $4 Billion by 2025


by Arooj Ahmed via Digital Information World

Top AI Pioneer Says He Regrets Not Prioritizing Safety Over Usefulness In His AI Work

Another day is passing by and we’re hearing more and more news about the world of AI and how the huge threats that it comes with cannot be denied.

One of the top pioneers in the world of AI is not staying silent on the emerging threats that it possesses. Moreover, he claims that he definitely regrets not putting safety at the top of the list when developing his work as it mostly focused on the usefulness of the ordeal.

Professor Yoshua Bengio spoke to the BBC today and how he was feeling really lost regarding his work in this life. His comments are coming at a time when experts in the industry are claiming AI is causing an extinction of humanity and it would not be long before we see that take center stage.

He similarly called for greater regulation and hoped for some militaries to be given extra regulatory powers so they could keep AI in check and balance. For those that don’t know, he is deemed to be the second of three godfathers in this domain and has been hailed as a true pioneer in the AI forefront.

Now, he feels it’s his responsibility to voice his message on the matter to the world before it gets too late. After all, AI continues to develop at an alarming pace and it’s not fair to stay silent and watch destruction taking place in front of your eyes.

A recently held interview was aired on the BBC where Bengio added how he had no clear direction on where such a project was going and it was, therefore, best to avoid overthinking and make the most of the situation now.

He added how this new type of work was giving him a lot of direction and providing a great identity on a lot of things that aren’t clear. In the same way, he says that it’s a challenge and the AI sector is one that can never be easy to deal with.

The idea and goal right now is to keep on engaging, encouraging, and even discussing with so many people that you find the right solution. And if you remember, such a warning was also set out by another AI pioneer by the name of Dr. Geoffrey Hinton. He spoke about how more regulation was required for AI.


Read next: World’s Top AI Experts Sound The Alarm On Growing Risks And Threats Of Their Own Work
by Dr. Hura Anwar via Digital Information World