Weekly News Highlights | Google jobs next on the chopping block, cyber criminals are earning less, T-Mobile hack exposes 37m customers

January 23rd

Google's parent company to cut 12,000 jobs

Google has become the latest tech giant to fall victim to cuts as parent company Alphabet announces plans to cut 12,000 jobs worldwide.

This comes hot on the heels of Microsoft announcing last week that 10,000 jobs were being lost, with many speculating that these announcements herald an inevitable industry contraction after a prolonged period of hypergrowth.

Read more here.

Cyber criminal earnings are on the decline

Research conducted by cryptocurrency analysis firm, Chainalysis, has reported that while ransomware groups extorted at least $457 million from victims in 2022, that number is actually $311 million lower than the previous year!

While these numbers don't necessarily reflect the accurate totals, the experts agreed that they do reflect a trend of fewer victims paying up.

Read more here.

37 million T-Mobile customers had their information leaked

T-Mobile have revealed that a bad actor had accessed the personal data of 37 million customers after a data breach back in November.

The data that was stolen included customer names, contact information, billing addresses, dates of birth, and other key customer information. Despite this, T-Mobile were quick to reassure people that no social security, passwords, or financial information were exposed.

Read more here.

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