meta_pixel
Tapesearch Logo
Log in
Tech Brew Ride Home

Tue. 07/02 – Single Points Of Failure For Cyberattacks

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 2 July 2024

⏱️ 20 minutes

🧾️ Download transcript

Summary

A recent Evolve Bank and Trust cyberattack might impact a lot of tech customers. Why single points of failure impact cyberattacks. YouTube will soon let you take down videos like you’re a Hollywood studio. And big tech’s playbook for AI acquisitions that the regulators can’t frown at. Sponsors: CleanMyMac X Promocode: techmeme Links: Fintech company Wise says some customers affected by Evolve Bank data breach (TechCrunch) CDK Global Hack Shows Risk of One Software Vendor Dominating an Industry (WSJ) Supreme Court orders new look at social media laws in Texas and Florida (CBSNews) Exclusive: Nvidia set to face French antitrust charges, sources say (Reuters) YouTube now lets you request removal of AI-generated content that simulates your face or voice (TechCrunch) This is Big Tech’s playbook for swallowing the AI industry (The Verge) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Tech Meme Right Home for Tuesday, July 2nd.

0:07.0

2024, I'm Brian McCullough.

0:09.0

Today, a recent evolved Bank and Trust cyber attack might impact a lot of tech customers.

0:14.6

Why Single Points of Failure impact Cyber Attacks.

0:17.8

YouTube will soon let you two take down videos like you're a big Hollywood studio and big tech's playbook for AI acquisitions

0:25.5

that the regulators can't frown at. Here's what you miss today in the world of tech.

0:38.5

Wise, affirmirm, Mercury, and other companies say they're investigating how a recent ransomware attack by Lockbit on Evolve Bank and Trust has impacted their customers.

0:44.4

If you're not familiar with these customers,

0:47.2

aside from a firm being a major buy now pay later company,

0:50.6

their customers are a lot of tech startups and crypto folks quoting Tech Crunch.

0:56.3

The Money Transfer and FinTech Company Wies announced on Friday that some of its customers' personal

1:00.8

data may have been stolen in the recent data breach at

1:03.6

Evolve Bank and Trust. The news highlights that the fallout from the

1:07.2

evolved data breach on third-party companies and their customers and users is

1:11.4

still unclear and it's likely that it includes companies

1:14.4

and startups that are yet unknown in a statement published on its official

1:18.4

website WISE wrote that the company worked with Evolve from 2020 to 2023, quote, to provide

1:25.0

USD account details. And given that Evolve was breached recently, quote,

1:29.7

some wise customers personal information may have been involved."

1:33.4

End quote.

1:34.4

So far, a firm, Ernie, Marchetta, Melio, and Mercury, all evolved partners have acknowledged

1:41.6

that they are investigating how the evolved breach

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Amalgamated Internets, LLC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Amalgamated Internets, LLC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.