A Russian court upheld a decision to block the website of social networking company LinkedIn Corp., Interfax news agency reported, setting a precedent for the way foreign internet firms operate in the country. Russia's Roskomnadzor communications watchdog has said LinkedIn, which has more than 6 million registered users in Russia, was violating a law requiring websites which store the personal data of Russian citizens to do so on Russian servers.
The theft of money from accounts at Tesco Bank is a threat to national security and undermines public trust in financial firms, Britain's interior minister Amber Rudd said. Retailer Tesco's banking arm said that 2.5 million pounds ($3.1 million) was stolen from a total of 9,000 customers last weekend in what cyber experts say is the first mass hacking of accounts at a western bank.
Facebook has responded to widespread criticism of how its Newsfeed algorithm disseminates and amplifies misinformation in the wake of the Trump victory in the U.S. presidential election. Multiple commentators were quick to point a finger of blame at Facebook’s role in the election campaign, arguing the tech giant has been hugely irresponsible given the role its platform now plays as a major media source, and specifically by enabling bogus stories to proliferate — many examples of which were seen to circulated in the Facebook Newsfeed during the campaign.
Google responded to formal charges from the European Commission that the Internet giant abuses its market dominance with Android, saying the mobile operating software has encouraged, not stifled, competition. "The rapid innovation, wide choice, and falling prices we see in smartphones represent the hallmarks of robust competition," Kent Walker, Google's senior vice president and general counsel, wrote in a blog post.
The House Committee on Energy and Commerce announced that it will hold a meeting regarding last month’s cyberattack against Dyn, a domain name system (DNS) provider. The hearing will be jointly held by the Subcommittee on Communications and Technology chaired by Rep. Greg Walden (R-Ore.) and the Subcommittee on Commerce, Manufacturing and Trade chaired by Rep. Michael C. Burgess (R-Texas).
Yahoo! Inc. is investigating a new claim that user account data was obtained by a hacker, the latest security challenge for the company as it prepares for the planned acquisition of its core web services by Verizon Communications Inc. Law enforcement authorities began sharing certain information they indicated was provided by a hacker who claimed it was Yahoo user account data, the company said in a regulatory filing.
The short-term prospects for the tech economy and Silicon Valley are grim according to economists with knowledge of Donald J. Trump's platform, now that he is the President-elect of the United States after one of the most surreal and unlikely campaign victories in American history. While Trump was vague about his platform on the campaign trail, the broad strokes with which he painted his economic policy don’t bode well for venture capitalists or the broader tech community.
British cyber security authorities are investigating the theft of money from thousands of Tesco Bank accounts as experts warned that other small banks could also be vulnerable to attack. The National Cyber Security Centre (NCSC), a new government body, said that it was working with criminal investigators and Tesco to understand the nature of an attack described as "unprecedented" by the financial regulator.
Online attacks launched from thousands of connected devices, such as one that disabled parts of the internet in October, are here to stay, the Federal Bureau of Investigation is warning. “The exploitation of the 'Internet of Things' (IOT) to conduct small-to-large scale attacks on the private industry will very likely continue,” the FBI wrote in an Oct. 26 bulletin to private companies.
Irish Finance Minister Michael Noonan will take his fight over Apple Inc.’s record 13 billion-euro ($14.4 billion) tax bill to a European Union court, potentially triggering years of litigation. The nation will file its appeal against the European Commission’s decision to force Ireland to claw back alleged tax subsidies, in a case that will test the EU’s powers to use state aid law in what governments argue are national affairs.
Law enforcement officials, government workers and cyber-security professionals are preparing to swoop in, track and hopefully block anyone attempting a cyberattack aimed at destabilizing the U.S. presidential election. The possibility is slight, with risks lessened by the fractured, mostly non-digital nature of the national voting apparatus. Still, fears that hackers — perhaps from Russia — could instill doubts about the voting process via attacks on the Internet infrastructure have put the cyber-security community on guard.
Britain's privacy watchdog said that Facebook has agreed to suspend using data from UK users of its WhatsApp messaging app after the watchdog said consumers weren't properly protected. The watchdog said the social media giant faces action if it uses such data without valid consent.
Tesco Bank's chief executive has blamed "a systematic, sophisticated attack" for the money taken from 20,000 of its customer accounts. Benny Higgins said the bank knew "exactly" what the attack was, but could not say more because it was part of a criminal investigation.
Hundreds of fake retail and product apps have popped up in Apple’s App Store in recent weeks — just in time to deceive holiday shoppers. The counterfeiters have masqueraded as retail chains like Dollar Tree and Foot Locker, big department stores like Dillard’s and Nordstrom, online product bazaars like Zappos.com and Polyvore, and luxury-goods makers like Jimmy Choo, Christian Dior and Salvatore Ferragamo.
The Cyber Security Law was passed by the Standing Committee of the National People’s Congress, China’s top legislature, and will take effect in June, government officials said. Among other things, it requires internet operators to cooperate with investigations involving crime and national security, and imposes mandatory testing and certification of computer equipment. Companies must also give government investigators full access to their data if wrong-doing is suspected.
The co-founder of the company that originally attributed the hacking of Democratic outlets to Russia is standing by his work despite Julian Assange's statement that WikiLeaks did not receive the stolen emails from Moscow. The Russian government-run news station RT promoted an upcoming interview with Assange by quoting the WikiLeaks head’s first outright denial of the widely accepted explanation that the Hillary Clinton-related documents came straight from President Vladimir Putin's administration.
German prosecutors are investigating Mark Zuckerberg and other Facebook executives, a spokesman for the Munich prosecutor's office said, following a complaint alleging the company broke national laws against hate speech and sedition by failing to remove racist postings. The spokesman declined to provide further details. German attorney Chan-jo Jun had filed a complaint with prosecutors in the Bavarian city in September and demanded that Facebook executives be compelled to comply with anti-hate speech laws by deleting racist or violent postings from its site.
U.S. military hackers have penetrated Russia's electric grid, telecommunications networks and the Kremlin's command systems, making them vulnerable to attack by secret American cyber weapons should the U.S. deem it necessary, according to a senior intelligence official and top-secret documents reviewed by NBC News. American officials have long said publicly that Russia, China and other nations have probed and left hidden malware on parts of U.S critical infrastructure, "preparing the battlefield," in military parlance, for cyber attacks that could turn out the lights or turn off the internet across major cities.
The FBI and U.S. intelligence agencies are examining faked documents aimed at discrediting the Hillary Clinton campaign as part of a broader investigation into what U.S. officials believe has been an attempt by Russia to disrupt the presidential election, people with knowledge of the matter said. U.S. Senator Tom Carper, a Democrat on the Senate Homeland Security Committee, has referred one of the documents to the FBI for investigation on the grounds that his name and stationery were forged to appear authentic, some of the sources who had knowledge of that discussion said.
Access to social media sites Twitter and Whatsapp was blocked in Turkey, an internet monitoring group said, following the detentions of 11 pro-Kurdish lawmakers in the mainly Kurdish southeast overnight.
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