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Sobeys parent says total impact of cyber attack could be over $54 million

The parent company of the Canadian Sobey's and FreshCo supermarket chains says the direct and indirect costs from last year's cyber attack could add up to over $54 million, not including insurance payments. Empire estimates, based on available information, that the final impact on net earnings over fiscal 2023 and fiscal 2024 will be approximately
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Hashtag Trending March.16th – Mozilla's AI challenge, Facebook and AOL, 'simplifying' ChatGPT

Welcome to Hashtag Trending for Thursday, March 16th I’m your host Jim Love, CIO of IT World Canada and TechNewsDay in the U.S. – here’s today’s top tech news stories. Mozilla launches a “responsible AI challenge” Mozilla, the open source organization that gave us the Firefox browser has announce that it will be sponsoring what
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Breaking news: Canada's Onex acknowledges being caught by GoAnywhere MFT compromise

One of Canada’s biggest asset management companies is the latest victim of the hack of Forta’s GoAnywhere MFT managed file transfer platform. A spokesperson for Onex Corp. this morning confirmed that an unspecified amount of company data was exposed in the compromise of GoAnywhere MFT “This wasn’t a direct breach of Onex’s systems,” emphasized the
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