Microsoft disclosed that it mitigated a 2.4 Tbps DDoS attack, which was 140% higher in scale than any previously recorded network volumetric event on Azure. The firm and some security experts say that attacks of this magnitude could wreak havoc on targeted companies and are difficult to mitigate.
Fed Chair Says Central Bank Evaluating Digital Currency
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The U.S. Federal Reserve said Wednesday it is continuing to evaluate the creation of a central bank digital currency, or CBDC, and that it intends to publish research on the subject shortly, according to Chair Jerome Powell.