More and more people are mining cryptocurrency to cash in on the craze. But some are actually hacking into computers to leverage other people's mining power. Sonatype's Senior Vice President Bill Karpovich explains the danger of these miners and how hackers exploited IBM several years ago.
"If 2017 was the year of ransomware, 2018 is going to be the year of crypto-jacking," says Karpovich. "It is amazing to see the rate of growth that are coming out."
Before Sonatype, Karpovich served as a General Manager for IBM's Cloud and Watson platform. He says a researcher on this project found crypto-jackers were finding the cheapest way to take advantage of IBM's cloud environment. But after discovering the breach, IBM was able to implement safeguards.
Karpovich says it's important to be aware, install latest patches and protection, and be accountable beyond security teams.
Tesla reported a surprise increase in sales in the third quarter as the electric car maker likely benefited from a rush by consumers to take advantage of a $7,500 credit before it expired on Sept. 30. The company reported Thursday that sales in the three months through September rose 7% compared to the same period a year ago. The gain follows two quarters of steep declines as people turned off by CEO Elon Musk’s foray into right-wing politics avoided buying his company’s cars and even protested at some dealerships. Sales rose to 497,099 vehicles, compared with 462,890 in the same period last year.
OpenAI could now be the world’s most valuable startup, ahead of Elon Musk’s SpaceX and TikTok parent company ByteDance, after a secondary stock sale designed to retain employees at the ChatGPT maker. Current and former OpenAI employees sold $6.6 billion in shares to a group of investors, pushing the privately held artificial intelligence company’s valuation to $500 billion, according to a source with knowledge of the deal who was not authorized to discuss it publicly. The valuation reflects high expectations for the future of AI technology and continues OpenAI’s remarkable trajectory from its start as a nonprofit research lab in 2015.
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