In a series of attacks following the 2022 LastPass breach, $5.36 million was stolen from 40 users, adding to previous thefts of $4.4 million in October 2023 and $6.2 million in February 2024. Hackers exploited weak or reused passwords to compromise accounts, highlighting the importance of strong password practices to prevent future breaches. The breach involved the theft of LastPass’ source code, merging stolen data with information from another breach, and installing a keylogger on an employee’s PC, emphasizing the need for robust cybersecurity measures.
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Intel: New Products Must Deliver 50% Gross Profit To Get the Green Light
Intel has introduced a new policy mandating that all new projects must achieve at least a 50% gross margin to proceed, a move CEO Lip-Bu Tan describes as essential for regaining profitability, given the company's recent low margins of 31.67%. Tan is focused on improving gross margins, potentially by reevaluating unprofitable partnerships, while also striving to reestablish Intel as an engineering-centric company through recruiting and retaining top talent. However, balancing innovative product development with stringent...
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