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Microsoft to Invest Over $1 Billion in Thailand on Cyber, Cloud, AI Infrastructure

By Kim S. Nash

 

Hello. Microsoft said Tuesday following a meeting between its vice chair and president, Brad Smith, and Thai Prime Minister Anutin Charnvirakul that its $1 billion investment in the country over the next two years will help upskill the local workforce in AI and cybersecurity. 

Microsoft and Thailand also plan to deepen their exchange of cyber threat intelligence, the company said.  

How widely AI is diffused across a country is an indicator of productivity and long-term economic competitiveness, Microsoft said. Read more from WSJ. 

Other news: 

  • North Korea linked to hack of popular open-source tool Axios
  • Dutch Finance Ministry unplugs treasury portal after cyberattack
  • Krispy Kreme settles breach case for $1.6 million
  • Pro-Iran hacker group is recruiting for "electronic jihad"
 

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More Cyber News

PHOTO: KIM HONG-JI/REUTERS

Hackers linked to North Korea planted malware in a widely used open-source tool known as Axios, according to Google's threat-intelligence unit. In this tech supply-chain attack, the hackers apparently took over an account of someone who maintains Axios, then corrupted the tool so that it secretly steals credentials and sets up persistent access to the system it runs on. 

  • Axios is downloaded more than 100 million times per week and is embedded in web applications, mobile apps, backend services and automated software development systems in many industries, cyber-training organization SANS Institute said.

The Dutch Finance Ministry shut down its treasury banking portal and several other systems to investigate a cyberattack detected March 19. About 1,600 public institutions with funds in the ministry can't view their balances online. No hacking group has publicly taken credit for the attack. (Bleeping Computer)

Pro-Iran hacker group Fatimion Cyber Team is using an encrypted Telegram bot to recruit new members in the United Arab Emirates, Saudi Arabia, Qatar and Bahrain for "electronic jihad," according to cyber threat-intelligence company Flashpoint. 

Brokerage regulator Finra launched a portal for its 3,200 members to share and search cyber intelligence. Identifying details about contributors will be stripped away before the information is shared with other members, Finra said. 

$1.6 Million

Amount Krispy Kreme agreed to pay to settle a consolidated data-breach lawsuit related to a 2024 cyberattack.

Nearly 162,000 current and former employees had their personal, biometric and banking data compromised.

 

About Us

The WSJ Pro Cybersecurity team is Deputy Bureau Chief Kim S. Nash and reporters Angus Loten and James Rundle. Follow us on X @WSJCyber. Reach the team by replying to any newsletter you receive or by emailing Kim at kim.nash@wsj.com.

 
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