Newscan: Hackers behind Texas ransomware attacks want $2.5 million

Rep. Anna Eshoo (D-Calif.), a longtime supporter of federal funding to help public-safety answering points (PSAPs) transition to next-generation 911 (NG911) technology, last week announced that she will not seek reelection to Congress in 2024 but plans to serve out her current term through January 2025. Eshoo, 80, was elected to Congress for the first […]

Elliott Investment Management, an activist investor firm, is taking aim at Crown Castle again, arguing the company needs to overhaul its management and potentially put its fiber business up for sale. Importantly, Elliott said it now owns roughly $2 billion in Crown Castle stock. That’s double what the company owned in 2020 when it embarked on […]

The GSMA has backed ‘fair share’ demands for Big Tech to contribute to network costs and called for more European Union leniency on telco mergers in the latest version of its annual European Mobile Economy Report, which forecasts continued growth in data traffic with 5G adoption. The report from the non-profit group forecasts that mobile data […]

The group behind the high-profile MGM cyberattack in September has resurfaced in yet another sophisticated ransomware attack, in which the actor pivoted from a third-party service environment to the target organization’s on-premise network in only an hour. The attack by Scattered Spider, an ALPHV/Black Cat ransomware affiliate, sealed the group’s position as a formidable adversary for large enterprises […]