• Revolut rewrites policy to include permanent remote working

    Challenger financial services firm Revolut is converting office space into areas for staff collaboration while also making flexible working permanent for most of them.

    Like many other businesses, the UK headquartered fintech business, which employs 2,000 people, has moved its entire workforce to home working in the early stages of the Covid-19 pandemic.

    The findings of a Revolut staff survey, which has been carried out since, has revealed an appetite for remote working. A total of 86% of employees said they enjoyed not having to commute, and 60% said they now have a better work/life balance. Meanwhile, 92% of

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  • UK slow in AI maturity race

    The UK appears to be losing ground in the artificial intelligence (AI) race, a new study has concluded.

    The results in Rackspace Technology’s How are organizations succeeding at AI and machine learning? report, based on the responses of 1,870 IT decision makers, reported that few UK organisations have deployed AI or machine learning (ML).

    The survey found that just one in 10 organisations can boast mature capabilities, compared with one in six (17%) worldwide. The vast majority (90%) of IT decision makers say they are either at the early stages of exploring the technology’s potential (54%) or still requiring significant

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  • Crypto malware targets Kubernetes clusters, say researchers

    A newly discovered strain of malware, dubbed Hildegaard, points to an imminent campaign of cyber attacks against Kubernetes clusters by the cloud-centric TeamTNT cyber crime gang, according to researchers on Palo Alto Networks’ Unit 42 team.

    Hildegaard was first spotted in January 2021, and its infrastructure appears to have been online for only a little longer than that, with its command and control (C2) domain only registered on Christmas Eve 2020.

    In the initially detected incident, Unit 42 said that the group gained initial access via a misconfigured kubelet that allowed anonymous access. Once they had gained a foothold

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