Verizon on Thursday announced plans to acquire Terremark, a managed IT infrastructure and cloud services provider known for its advanced security offerings, for $1.4 billion. The deals boosts Verizon to a major player in the cloud circuit. According to a news release, Verizon plans to operate Terremark as a standalone business unit. "Cloud computing continues to fundamentally alter the way enterprises procure, deploy and manage IT resources, and this combination helps create a tipping point for 'everything-as-a-service,'" said Lowell McAdam, Verizon's president and chief operating officer. – DK
As companies migrate to the cloud, the industry needs a new way to manage data and network security, but security analysts warn that only the most well-heeled enterprises can afford the new zero-trust open approach Oracle touts.
Operators of the Bumblebee malware loader have launched a new campaign involving the exploitation of 4shared Web Distributed Authoring and Versioning services following a two-month hiatus, according to BleepingComputer.
Infrequently used Amazon Web Services products AWS Fargate, AWS Amplify, and Amazon SageMaker, have been targeted by the new Indonesian cloud-native cryptojacking operation AMBERSQUID for cryptomining activities, according to The Hacker News.