

Federal Court approves $8.7 million settlement over 2020 Canada revenue agency data breaches
In a final resolution to a six-year legal battle, the Federal Court of Canada has approved an $8.76 million class-action settlement between the federal government and tens of thousands of Canadians whose sensitive information was compromised during a series of 2020 cyberattacks. The agreement, greenlit by Federal Court Justice Richard Southcott on May 5, 2026, addresses a massive security failure that saw hackers infiltrate approximately 47,000 government accounts, including


SK Hynix flooded with unprecedented "Blank-Check" offers as big tech scrambles for AI memory
The global race for artificial intelligence has entered a desperate new phase, with Big Tech titans reportedly offering tens of trillions of won to SK Hynix to secure a dwindling supply of high-end memory chips. According to reports surfacing, the South Korean chipmaker is being courted with "unprecedented" proposals that move far beyond traditional purchase agreements. Major tech firms, believed to include Microsoft, Meta, and Alphabet, are now offering to directly bankroll


Phishing campaign dubbed VENOMOUS#HELPER hits 80+ organizations via abused RMM tools
A stealthy and persistent phishing campaign, dubbed VENOMOUS#HELPER, has successfully compromised over 80 organizations by weaponizing legitimate Remote Monitoring and Management (RMM) software to bypass traditional security defenses. According to a recent report from Securonix, the activity has been active since April 2025 but has intensified in early 2026, primarily targeting entities in the United States, Western Europe, and Latin America. The attackers are not using tradi


WatchGuard introduces Rai, an always-on AI coworker for MSSPs
WatchGuard Technologies has unveiled Rai, a new agentic AI digital workforce designed specifically for managed service providers (MSPs) looking to automate threat detection and response operations. The company introduced Rai during its EMEA Impact 2026 Partner Conference in Dubrovnik, Croatia, positioning the platform as a major shift from traditional “assistive AI” tools toward autonomous cybersecurity operations. What Rai does According to WatchGuard, Rai functions as an al


Anthropic pens unexpected deal with Musk’s xAI to use their "Colossus” Data Center
In a surprising alliance between two of the industry's most influential players, Anthropic and SpaceX have signed a landmark agreement giving the AI lab access to Colossus 1, currently one of the world's most powerful AI supercomputers. Editorial credit: gguy / Shutterstock The deal, announced last week, marks a pragmatic shift in the AI landscape. Despite a history of public tension between Elon Musk and Anthropic leadership, the partnership provides Anthropic with the massi




















































