The “remorseless” growth of cyber crime is leading to 4,000 ransom attacks a day and gangs’ technological capability now threatens critical parts of the financial sector, the head of Europol said. Online criminals have become so sophisticated that gangs have created “conglomerations” with company structures that specialize in different criminal activities to carry out the attacks, Rob Wainwright, who leads the EU law enforcement agency, said.
Sen. Al Franken (D-Minn.) slammed big tech firms, saying that they should be held to the same style of net neutrality rules as major telecommunications companies. “Not only do they guide what we see, read and buy on a regular basis, but there dominance specifically in the market of information now requires that we consider their role in the integrity of our democracy,” Franken said, criticizing firms like Twitter, Facebook and Google for their inability to stop foreign actors from manipulating their platforms to meddle in elections.
European authorities have asked Apple to share details of its recent tax arrangements as the company faces an order to pay $14.5 billion in back taxes while leaked documents have revealed new details of its alleged tax planning. Just a day earlier, Apple's tax strategies were revealed in reports by the Guardian and the New York Times, including the company's alleged moves to shift key foreign subsidiaries to an island tax haven.
Former Yahoo Chief Executive Marissa Mayer apologized for two massive data breaches at the internet company, blaming Russian agents for at least one of them, at a hearing on the growing number of cyber attacks on major U.S. companies. “Unfortunately, while all our measures helped Yahoo successfully defend against the barrage of attacks by both private and state-sponsored hackers, Russian agents intruded on our systems and stole our users’ data,” she said.
Israeli company Corephotonics filed a lawsuit against Apple, just as Apple was awarded $120 million by the Supreme Court after a prolonged battle with Samsung. Corephotonics, a maker of dual lens camera technology, claims that the cameras featured in the iPhone 7 Plus and iPhone 8 Plus infringe on four of its patents.
The FBI hasn’t been able to access the data inside the mobile phone of the gunman in the Texas church massacre, renewing tension between tech companies that protect devices with encryption and law enforcement agencies investigating crimes. Officials sent the phone belonging to Devin P. Kelley to a Federal Bureau of Investigation facility in Quantico, Virginia, where experts were examining it, said Christopher Combs, special agent in charge in San Antonio, Texas.
A bank in Nepal has recovered most of the money stolen after its SWIFT server was hacked last month, two officials, involved in the investigation of the Himalayan nation’s first reported cyber heist, said. Cyber attackers made about $4.4 million in illegal transfers from NIC Asia Bank, based in the Nepali capital, by hacking the SWIFT server at the private bank, to other countries, including the United States, Britain, China, Japan and Singapore last month when the bank was closed for annual festival holidays, Nepali media said.
Despite some onlookers calling him — or her — a hero, the anonymous Twitter employee who pulled the plug on President Trump's Twitter account before leaving the company may want to lawyer up, according to experts on computer law. Whether or not Twitter pursues legal action against its former worker, federal officials could be motivated to prosecute — if only to deter future cases, analysts say.
After years of sparring in the courts, Apple has once and for all claimed victory over Samsung to the count of $120 million. The Supreme Court said today that it wouldn’t hear an appeal of the patent infringement case, first decided in 2014, which has been bouncing through appeals courts in the years since.
Indonesia vowed to block Facebook Inc’.s WhatsApp Messenger within 48 hours if the service did not ensure that obscene Graphics Interchange Format (GIF) images were removed. WhatsApp, which is widely used in Indonesia, the world’s most populous Muslim-majority nation, said message encryption prevented it from monitoring the third-party providers Indonesians use to search for GIFs.
The Afghan government will not block the instant messaging services WhatsApp and Telegram, a spokesman said, following days of controversy after reports the services would be suspended. The row over instant messaging services began after a letter from Afghanistan’s telecoms regulator to Internet service providers telling them to block the services “without delay” was circulated on social media platforms last week.
Twitter is updating the set of guidelines that users have to follow so they aren’t kicked off the service in the hope that they’ll be clearer and easier to understand. The company unveiled a new version of “The Twitter Rules,” which includes more detailed sections on what it considers abusive behavior, or the factors it takes into account before deciding whether or not to suspend someone’s account.
A Delaware judge blocked the sale of Ring home security products as part of a lawsuit involving Ring and rival security company ADT, the website Law360 reports. In the lawsuit, ADT Holdings vs. Mike Harris, et al, ADT alleges that Ring gained security trade secrets using "theft and felony" after a company called Zonoff, Inc. defaulted on debts it owed to ADT, Law360 reported.
An Associated Press investigation into the digital break-ins that disrupted the U.S. presidential contest has sketched out an anatomy of the hack that led to months of damaging disclosures about the Democratic Party’s nominee. It wasn’t just a few aides that the hackers went after; it was an all-out blitz across the Democratic Party. They tried to compromise Clinton’s inner circle and more than 130 party employees, supporters and contractors.
A U.S. federal court issued a preliminary injunction against a Canadian Supreme Court ruling, which asked Google to de-index certain search results not just in Canada but on a global basis. The Canadian ruling "undermines the policy goals of Section 230 [of the US Communications Decency Act] and threatens free speech on the global internet," wrote Judge Edward Davila of the U.S. District Court for Northern California.
Major U.S. internet firms said they would support legislation to make it easier to penalize operators of websites that facilitate online sex trafficking, marking a sharp reversal for Silicon Valley on an issue long considered a top policy priority.The decision to endorse a measure advancing in the U.S. Senate could clear the way for Congress to pass the first rewrite of a law adopted 21 years ago that is widely considered a bedrock legal shield for the internet industry.
The Twittersphere lit up when President Donald Trump's Twitter account was briefly deactivated -- an action "inadvertently" caused by a Twitter employee, the social media company said. "Sorry, that page doesn't exist!" was the message that greeted visitors to Trump's Twitter page, @RealDonaldTrump, for eleven minutes around 7 p.m. ET.
The Justice Department has identified more than six members of the Russian government involved in hacking the Democratic National Committee’s computers and swiping sensitive information that became public during the 2016 presidential election, according to people familiar with the investigation. Prosecutors and agents have assembled evidence to charge the Russian officials and could bring a case next year, these people said.
Qualcomm Inc. has sued Apple Inc., alleging that it violated a software license contract to benefit rival chipmaker Intel Corp. for making broadband modems, the latest salvo in their longstanding dispute. Qualcomm said in a lawsuit filed in California state court in San Diego on Wednesday that Apple used its commercial leverage to demand unprecedented access to the chipmaker’s highly confidential software, including source code.
Apple CEO Tim Cook said the issue of social media being used to manipulate people is a far greater threat than foreign-government ads during the U.S. elections. Cook is doubling down on his stance on fake news; in February, he told the British newspaper the Daily Telegraph that fake news was “killing people’s minds.”
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