European Court Strikes Down Digital Data Agreement

Europe’s highest court struck down an international agreement that has made it easy for companies to move people’s digital data between the European Union and the United States. The ruling, by the European Court of Justice, could make it more difficult for global technology giants -- including the likes of Amazon and Apple, Google and Facebook -- to collect and mine online information from their millions of users in the 28-member European Union.

U.S. Official Defends Foreign Data-Harvesting Practices

U.S. intelligence does not conduct mass, indiscriminate harvesting of foreigners' private data, a senior U.S. official has said on the eve of a landmark EU court ruling that will affect thousands of companies including the likes of Facebook. Robert Litt, legal adviser to the Director of National Intelligence, firmly rebutted allegations that a U.S. surveillance program known as Prism, revealed in 2013, allows authorities to hoover up such information on a vast scale.

Trans-Pacific Partnership Said to Help Intellectual Property

Obama administration officials believe a major trans-Pacific trade deal will help companies protect their digital property abroad and preserve online privacy. Six years in the making, the Trans-Pacific Partnership (TPP) between the United States and 11 other Pacific Rim countries is expected to lower trade barriers and open up new markets for U.S. exporters.  

  • Read the article: The Hill

New Malware, YiSpecter, Linked to Non-Jailbroken iPhones

Researchers say newly-discovered malware, dubbed YiSpecter, can infect non-jailbroken as well as jailbroken iPhone and iPad devices, using a number of novel techniques. The YiSpecter malware is unusual on a number of fronts, according to security firm Palo Alto Networks, chiefly because it is the first malware in the wild that exploits the iOS system's private APIs -- the APIs in iOS that remain undocumented by Apple, possibly because they're not ready for wider use.

  • Read the article: ZDNet

Russian Regulator Orders Google to Amend Android Agreements

Russia’s antitrust regulator has ordered Google Inc. to amend agreements with smartphone producers that it said disadvantage third-party applications on devices running the Android operating system. Mountain View, California-based Google is abusing its market dominance through Android, the regulator ruled last month after a complaint from local search engine provider Yandex NV, which has been losing market share to its U.S. rival on mobile devices.

Russian Hacker of U.S. Financial Systems Gets 4+ Years in Jail

Dimitry Belorossov – a Russian cyber-criminal who used the Citadel banking trojan – has been sentenced to four years and six months in a U.S. prison after pleading guilty to conspiring to commit computer fraud. According to information provided through the Department of Justice's Victim Witness Assistance program, his "botnet contained personal information from the infected victim computers, including online banking credentials for U.S.-based financial institutions, credit card information, and other personally identifying information".

Scottrade Says Hackers Accessed Database of 4.6 Million Customers

Discount broker Scottrade said that it was the victim of a cyber attack from late 2013 to early 2014 that compromised client names and addresses in a database with information on some 4.6 million customers. The firm said it learned about the attack from federal law enforcement officials who were investigating the theft of data from Scottrade and other financial services firms.

Microsoft, Asus Sign 'Expanded' Patent-Licensing Agreement

Microsoft announced it had signed an "expanded" patent-licensing deal with ASUSTek Computer Inc. (aka ASUS). The updated deal covers ASUS' Android-based phones and software. As nearly two-dozen Android, Chrome OS and Linux vendors are doing, ASUS seemingly is licensing Microsoft's patents to cover anything that is in those operating systems which potentially infringes on Microsoft's intellectual property.

  • Read the article: ZDNet

Governments Offer $1.5B in Tax Incentives for Data Center Projects

Competitions for business are playing out across the country as states increasingly offer lucrative tax breaks to attract the data centers that function as the brains of the Internet. An Associated Press analysis of state revenue and economic-development records shows that government officials extended nearly $1.5 billion in tax incentives to hundreds of data-center projects nationwide during the past decade.

EU Antitrust Chief Defends Actions Against U.S. Tech Firms

Europe's antitrust chief dismissed accusations of anti-U.S. bias over her decision to go after Google for abusing its Internet search dominance and Apple over an Irish tax deal, saying such talk was a fallacy. European Competition Commissioner Margrethe Vestager's robust defense of her actions came after she was criticized in the U.S. media for a spate of cases opened over the past year against U.S. giants such as Google, Apple, Amazon and Starbucks.

Up to 15 Million T-Mobile Customers Hit by Experian Breach

T-Mobile says as many as 15 million people may have been affected by the data breach, an attack that didn't compromise T-Mobile's own systems but rather those of its credit partner — the data vendor and credit bureau Experian. To be clear, the hack hurts even non-subscribers to T-Mobile — credit applicants who for whatever reason ultimately went with another service.

EU Ruling on Data Could Disrupt Online Transactions

A ruling due next week from the EU's top court on a long-running transatlantic pact on private data could affect all legal ways of moving such data from Europe to the United States, lawyers say, potentially disrupting the everyday online transactions of thousands of companies. Under current European privacy laws companies are forbidden from transferring European citizens' personal data to countries deemed to have lower privacy standards - such as the United States.