The Web3.0 blockchain market, Microsoft’s Intelligent Data Platform, and a cosmetics giant all figured in our roundup of the most read stories last week.
Too busy this week to catch up on all the latest tech news? Fear not: We’ve rounded up and rounded up TechRepublic’s top stories from August 25 to September 1.
What is Microsoft Intelligent Data Platform?
Companies increasingly distribute relevant organizational and customer data across multiple systems, increasing the potential for misuse or misuse of that information. Microsoft’s Intelligent Data Platform seeks to unify and standardize data across the enterprise.
TL; DR: Using SynapseLink and Microsoft Purview, the Intelligent Data Platform enables companies to understand the data they have distributed across disparate systems and connect operational and analytical datasets to make better use of the data they are already creating and storing.
Read the article here.
Cosmetics giant Sephora to be first fined for violating California’s consumer privacy laws
Sephora received a $1.2 million settlement for violating the CCPA. This is the first public penalty under the law passed in 2018. The cosmetics company has been accused of failing to notify customers of the sale of their personal information and ignoring requests to opt out of the sale of their information. 30-day time limit required by law.
TL; DRCompanies doing business in California and beyond take note: Failure to update their website or policies in accordance with the law could soon put them in financial trouble. Laws similar to the CCPA will take effect in Virginia, Utah, Colorado, and Connecticut in 2023.
Read the article here.
Sliver’s offensive security framework is increasingly threatened by threat actors.
Microsoft has released a report that reveals that a popular open source logging tool available on GitHub is being used by attackers. The attack methods available on the silver side are easily hidden but not easily detected by security professionals.
TL; DRMicrosoft and the UK’s National Cyber Security Center have provided detection methods for current versions of Silver, but these tools may not work for future or modified versions of the penetrating tool.
Read the article here.
How a commercial email phishing attack exploited Microsoft’s multi-factor authentication
Bad actors were able to gain access to sensitive information by accessing an executive’s Microsoft 365 account and setting up an alternate authentication method to bypass the default multi-factor authentication settings. The account was compromised by an AiTM attack that provided the attacker with email and account settings.
TL; DRDefault multi-factor authentication settings should be checked and, where necessary, companies should consider implementing alternative methods such as Microsoft Hello or FIDO.
Read the article here.
Why Web3.0 blockchain technology is driving a six trillion dollar market.
Despite the recent downturn in cryptocurrency markets, blockchain technology can be used to support various industries and business cases. Healthcare, IoT, finance and retail are all poised to benefit from blockchain technology and the relative security of decentralized systems, according to a recent report.
TL; DR: While most companies will not use blockchain or cryptocurrencies for receipts soon, the technologies behind Web3.0 are creating innovations in various industries, especially in combination with AI, decentralized applications, metaverse and video game technologies.
Read the article here.
