Dozens of tax investigators swooped into Google’s French headquarters in a surprise raid, escalating a tax dispute in which French authorities have sought more than €1 billion ($1.12 billion) from the search firm. France’s tax prosecutor said the raid is part of a newly disclosed probe, opened in June 2015, into aggravated tax evasion by the company, now a part of Alphabet Inc.
The SWIFT secure messaging service that underpins international banking said it plans to launch a new security program as it fights to rebuild its reputation in the wake of the Bangladesh Bank heist. The Society for Worldwide Interbank Financial Telecommunication (SWIFT)’s chief executive, Gottfried Leibbrandt will tell a financial services conference in Brussels that SWIFT will launch a five-point plan.
Facebook said that an internal investigation found no evidence of systemic political bias in the selection of news presented in a section of its app called Trending Topics. Even so, the social network, which is making a tour of contrition after accusations that it actively suppresses conservative content, said it would make some changes to Trending Topics, including no longer referring to a list of national news sources -- like Fox News, The New York Times and BuzzFeed News -- to “boost” topics appearing on its Trending Topics.
A Romanian hacker who claimed to have broken into former Secretary of State Hillary Clinton’s personal email server is expected to plead guilty to U.S. criminal charges in a federal court. Court records show that Marcel Lehel Lazar, who goes by the alias “Guccifer,” will change his plea during a hearing in Alexandria, Va.
Did you know there's a dating app called 3nder aimed at connecting curious couples with a third person? Well, now you do, and it's probably not too surprising that lawyers for Tinder, the popular dating app connecting individuals, don't like the similarity between their names.
Hackers are probing the defenses of banks in the Middle East, targeting employees with infected emails which gather information about the banks' network and user accounts, FireEye researchers said. FireEye, a U.S. cyber security company investigating the February attack on Bangladesh's central bank in which hackers stole $81 million, said there was no apparent connection with the heist or related attacks on banks in Ecuador and Vietnam.
After a security breach with the Milwaukee Bucks in which players’ financial documents were released, the franchise has involved the NBA and National Basketball Players Association to investigate the scam that compromised private information, league sources told The Vertical. In an email sent to Milwaukee players, the franchise termed the issue as a “serious security incident” and took responsibility for an employee distributing 2015 IRS W-2 documents in an email scam in which team president Peter Feigin was impersonated, sources said.
A new European proposal could require Netflix and other video-on-demand services to make sure at least 20 percent of their catalogues consist of European programs and films, according to the Financial Times and Reuters.
Microsoft is officially prohibiting users from posting anything that incites terrorist acts on its services, including Xbox Live, Outlook consumer version and document-sharing website Docs. In a blog post, the tech giant explained that it's taking these steps, because it has "a responsibility to run [its] various internet services so that they are a tool to empower people, not to contribute, however indirectly, to terrible acts."
International financial messaging service SWIFT told clients to share information on attacks on the system to help prevent hacking, after criminals used SWIFT messages to steal $81 million from the Bangladesh central bank.
Cyber-criminals stole about $12 million from an Ecuadorean bank in a 2015 heist that bears all the hallmarks of later attacks against Bangladesh’s central bank and a small Vietnamese lender. Banco del Austro SA said in a lawsuit filed in New York against Wells Fargo & Co. that hackers got access to the codes the bank uses to move money via Swift, the global interbank network, and used them to transfer funds from the U.S. bank.
Online-security experts caution that homes with “smart” technology -- thermostats, security cameras, lights and appliances that connect to the Internet -- are vulnerable to being hacked. While there have been few reported incidents, online-security experts expect smart-home hacking to increase.
A French Jewish youth group sued Twitter Inc., Facebook Inc. and Google over how they monitor hate speech on the web, highlighting the challenge -- and potential costs -- for Internet platforms to regulate user-generated content. The lawsuit filed at a Paris court by the Jewish youth group called UEJF is seeking more clarity on who moderates social network posts and how it’s conducted.
Amazon chief executive Jeffrey Bezos said his company is wholly aligned with Apple in its fight against government investigators who asked Apple to break its own encryption programs so they could gain access the iPhone used by one of the San Bernardino, Calif., terrorists. Bezos said his company is also embracing that kind of technology that would make it difficult for government officials to gain access to any personal information on its devices — even when those authorities have a warrant.
In the world of YouTube pranks, long one of the platform’s most popular genres, it’s usually all fun and games — until someone incites a public panic and gets arrested. Prank videos are a popular Internet pastime that are spreading rapidly to other sites.
Alphabet Inc.'s Google appealed an order from the French data protection authority to remove certain web search results globally in response to a European privacy ruling, escalating a fight on the extra-territorial reach of EU law. In May 2014, the European Court of Justice (ECJ) ruled that people could ask search engines, such as Google and Microsoft's Bing, to remove inadequate or irrelevant information from web results appearing under searches for people's names -- dubbed the "right to be forgotten."
Cyber security is the biggest risk facing the financial system, the chair of the U.S. Securities and Exchange Commission (SEC) said, in one of the frankest assessments yet of the threat to Wall Street from digital attacks. Banks around the world have been rattled by a $81 million cyber theft from the Bangladesh central bank that was funneled through SWIFT, a member-owned industry cooperative that handles the bulk of cross-border payment instructions between banks.
The Bank of England ordered UK banks to detail steps taken to secure computers connected to the SWIFT bank messaging network about two months after a still-unidentified group used the system to steal $81 million from Bank Bangladesh, according to three people familiar with the effort. The central bank sent the request to update cyber security measures to all banks it regulates in mid-to-late April, according to these people, who were not authorized to discuss the confidential communications.
A LinkedIn hack from back in 2012 is still causing problems for its users. The company announced this morning that another data set from the hack, which contains over 100 million LinkedIn members’ emails and passwords, has now been released.
Chinese authorities are quietly scrutinizing technology products sold in China by Apple and other big foreign companies, focusing on whether they pose potential security threats to the country and its consumers and opening up a new front in an already tense relationship with Washington over digital security. Apple and other companies in recent months have been subjected to reviews that target encryption and the data storage of tech products, said people briefed on the reviews who spoke on the condition of anonymity.
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