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Chinese multinational bank hit by ransomware

The state-owned Industrial and Commercial Bank of China (ICBC), which is one of the largest banks in the world, has been hit by a ransomware attack that led to disrupted trades in the US Treasury market. The attack “On November 8, 2023, U.S. Eastern Time (November 9, 2023, Beijing Time), ICBC Financial Services (FS) experienced a ransomware attack that resulted in disruption to certain FS systems. Immediately upon discovering the incident, ICBC FS disconnected and … More → The post Chinese multinational bank hit by ransomware appeared first on Help Net Security.
http://news.poseidon-us.com/Syfj05

New data strategy, OMB Circular to set foundation for OFPP’s Better Contracting Initiative

Christine Harada, the senior advisor in the Office of Federal Procurement Policy, said there are four areas of focus under the Better Contracting Initiative, including enterprisewide software licensing and new guidance to improve requirements development.
http://news.poseidon-us.com/SydM0K

New data strategy, OMB Circular to set foundation for OFPP’s Better Contracting Initiative

Christine Harada, the senior advisor in the Office of Federal Procurement Policy, said there are four areas of focus under the Better Contracting Initiative, including enterprisewide software licensing and new guidance to improve requirements development.
http://news.poseidon-us.com/SydLyl

Global Payments to elevate CIO from within

The fintech company tapped deputy CIO and Chief Digital Officer Shannon Johnston to assume the role on Jan. 1, when Guido Sacchi retires after nearly 13 years as CIO.
http://news.poseidon-us.com/Syd8Wg

Police Bank takes next step in transformation

Strikes new partnership for loan organisation processing.
http://news.poseidon-us.com/Syd2nn

SnapAttack extends collaboration with Mandiant to optimize threat detection for organizations

SnapAttack announced an expanded partnership with Mandiant, part of Google Cloud, to extend operationalized threat intelligence to organizations of all sizes. Building on its current API integrations, the new endeavor will bring Mandiant’s threat intelligence to customers directly in the SnapAttack platform; ultimately helping customers prioritize, detect, and respond to threats more quickly, easily, and effectively. SnapAttack’s newly introduced “Threat Profiles” automatically generate a tailored threat profile for each customer organization by leveraging key information … More → The post SnapAttack extends collaboration with Mandiant to optimize threat detection for organizations appeared first on Help Net Security.
http://news.poseidon-us.com/Syc4vw

Why did bid protests to GAO rise sharply in fiscal 2023?

Contractors brought protests to the Government Accountability Office (GAO) more than 2,000 times last year, up more than 20% from fiscal 2022. GAO sustained them at more than twice the rate of the year earlier, siding with contractors in about a third of the cases.
http://news.poseidon-us.com/SyZcxg

Warby Parker’s ERP implementation costs tip $5M mark

The vision care retailer is investing in its digital capabilities as it pursues a stronger tech stack, better user experiences and productivity gains. 
http://news.poseidon-us.com/SyZc2z

Why did bid protests to GAO rise sharply in fiscal 2023?

Contractors brought protests to the Government Accountability Office (GAO) more than 2,000 times last year, up more than 20% from fiscal 2022. GAO sustained them at more than twice the rate of the year earlier, siding with contractors in about a third of the cases.
http://news.poseidon-us.com/SyZWNB