U.S. Treasury’s Yellen to push development banks to step up climate financing effort

U.S. Treasury’s Yellen to push development banks to step up climate financing effort

VENICE — U.S. Treasury Secretary Janet Yellen said on Sunday she will push the major multilateral development banks to “increase their climate ambition” and accelerate timelines to support the Paris Agreement on carbon emissions reductions. Yellen told a news conference that development lenders including the World Bank needed to boost efforts to encourage more private-sector…

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Kaseya was warned about security flaws years ahead of ransomware attack

Kaseya was warned about security flaws years ahead of ransomware attack

The giant ransomware attack against Kaseya might have been entirely avoidable. Former staff talking to Bloomberg claim they warned executives of “critical” security flaws in Kaseya’s products several times between 2017 and 2020, but that the company didn’t truly address them. Multiple staff either quit or said they were fired over inaction.Employees reportedly complained that…

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