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NEWS
Salesforce, ServiceNow data targeted in ‘City-Forum’ attacks
Records held in Salesforce and ServiceNow systems are under attack leaving user data exposed, according to researchers at Reco. The attack appears similar to those perpetrated by the extortion group ShinyHunters, Reco said. ShinyHunters has been particularly active this year, attacking dating sites in January and Oracle in June, and there are fears that they could have found a new target. https://www.csoonline.com/article/4209788/salesforce-servicenow-data-targeted-in-city-fo
Joseph K
Aug 14
Marc Benioff's Salesforce Spent a Record $27 Billion on Stock Buybacks in a Single Quarter to Fight What He Calls the "SaaSpocalypse." Here's Why the Size of That Repurchase Matters.
Salesforce's (NYSE: CRM) stock price has fallen 46% from its previous high amid what CEO Marc Benioff calls the "SaaSpocalypse" -- the fear that artificial intelligence (AI) agents will pressure corporate spending on software-as-a-service (SaaS) products. https://www.theglobeandmail.com/investing/markets/stocks/NVDA-Q/pressreleases/3829820/marc-benioff-s-salesforce-spent-a-record-27-billion-on-stock-buybacks-in-a-single-quarter-to-fight-what-he-calls-the-saaspocalypse-here-s-
Joseph K
Aug 13


Novo Nordisk and AWS Join Forces: Inside the New AI Drug Discovery Pact and London Innovation Hub
Novo Nordisk and AWS are teaming up to launch a new London innovation hub, leveraging advanced cloud AI to drastically accelerate the future of drug discovery.
Grace N
Aug 12


Dubai Banks Bleed Millions as AWS UAE Outage Drags On for Months
Following drone strikes on UAE data centers, Dubai banks are facing millions in unexpected costs as they route critical AWS workloads overseas to survive a months-long outage.
Grace N
Aug 12
Salesforce CEO's AI investment raises questions over software jobs
Salesforce CEO Marc Benioff keeps insisting AI won't gut the software industry's workforce. His chequebook is sending a more complicated signal. The Salesforce founder is a lead backer of June AI, a startup built specifically to automate the work of deploying AI agents inside corporate software systems. https://www.thenews.com.pk/latest/1412057-salesforce-ceos-ai-investment-raises-questions-over-software-jobs
Joseph K
Aug 12
Long-running Data Theft Campaign Targeting Salesforce, ServiceNow
An unknown threat actor has been using a custom toolset to probe Salesforce and ServiceNow instances with overly permissive guest access and steal data for more than a year. The targets have spanned multiple sectors, including telecommunications, financial services, enterprise software, security and data-privacy companies, and public-sector portals worldwide. Researchers at AI cybersecurity firm Reco, who are tracking the campaign, have dubbed it "City-Forum" after the domain
Joseph K
Aug 12
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