Researchers have discovered malware so stealthy it remained hidden for six years despite infecting at least 100 computers worldwide. Slingshot -- which gets its name from text found inside some of the recovered malware samples -- is among the most advanced attack platforms ever discovered, which means it was likely developed on behalf of a well-resourced country, researchers with Moscow-based Kaspersky Lab reported.
Republican Sen. Lindsey Graham (S.C.) says he'd like to grill America's social media companies at a hearing about the way threats of gun violence, including against schools, spread online. Louisiana Sen. John Kennedy has said he wants the chief executives of major social media companies to testify before Graham's subcommittee.
The top U.S. general in Europe said that the U.S. government did not have an effective unified approach to deal with Russia’s cyber threat. U.S. officials have warned repeatedly that Russia is trying to interfere in the 2018 mid-term U.S. elections by hacking or using social media to spread propaganda and misleading reports, much as it did during the 2016 presidential race.
A federal judicial panel said that challenges to the Federal Communications Commission’s repeal of the Obama era open internet rules will be heard by an appeals court based in San Francisco. The U.S. Judicial Panel on Multidistrict litigation said it randomly selected the U.S. Ninth Circuit Court circuit to hear the consolidated challenges.
Suspected North Korean hackers blitzed Turkish financial institutions and a government organization, seeking intelligence for a future heist, a new report says. The attacks on March 2 and 3, identified by cyber researcher McAfee LLC in a report, attempted to lure targets with faux links to a popular cryptocurrency platform, allowing hackers to plunder sensitive information about the breached computer networks.
Two Democratic senators asked major vendors of U.S. voting equipment whether they have allowed Russian entities to scrutinize their software, saying the practice could allow Moscow to hack into American elections infrastructure. The letter from Senators Amy Klobuchar and Jeanne Shaheen followed a series of Reuters reports saying that several major global technology providers have allowed Russian authorities to hunt for vulnerabilities in software deeply embedded across the U.S. government.
The FBI views companies hit by cyber attacks as victims and will not rush to share their information with other agencies investigating whether they failed to protect customer data, its chief said. Christopher Wray, director of the Federal Bureau of Investigation, encouraged companies to promptly report when they are hacked to help the FBI investigate and prevent future data breaches.
A newly released report by the Homeland Security's Office of Inspector General found many of the agency's systems, including both unclassified and national security systems containing the highest "top secret" information, were running outdated, unsupported operating systems that in some cases hadn't been patched with security updates for years. Some of the vulnerabilities were so serious that they "expose DHS data to unnecessary risks," said the investigators, and that the agency needed to protect its systems "more fully and effectively."
Bitcoin slumped for a third day amid fears of a regulatory clampdown on cryptocurrency exchanges in Japan and the U.S., the world’s most active markets for digital assets. The biggest virtual currency declined more than 3 percent in early Asia trading, extending its slump below $10,000, after Japan’s Financial Services Agency ordered two exchanges to halt operations for a month and penalized four others.
Lawmakers pushed officials to crack down on the growing number of counterfeit goods sold online. “With the rise of popular online market places, counterfeiters have greater access to the market and can easily sell their phony products directly to consumers,” said Senate Finance Committee Chairman Orrin Hatch (R-Utah) during a hearing by his panel on protecting online consumers.
Virtual currencies like bitcoin can be regulated as commodities by the U.S. Commodity Futures Trading Commission, a federal judge ruled. U.S. District Judge Jack Weinstein in Brooklyn ruled that the CFTC had standing to bring a fraud lawsuit against New York resident Patrick McDonnell and his company Coin Drop Markets, allowing the case to go forward.
Records posted by the Electronic Frontier Foundation following a freedom of information lawsuit filed last year reveal that FBI agents would pay Geek Squad managers who pass on information about illegal materials on devices sent in by customers for repairs. The relationship goes back at least ten years, according to documents released as a result of the lawsuit.
BlackBerry is suing Facebook for patent infringement, alleging many of the features of Facebook's messaging services infringe on BlackBerry patents, the company said. "[W]e have a strong claim that Facebook has infringed on our intellectual property, and after several years of dialogue, we also have an obligation to our shareholders to pursue appropriate legal remedies," BlackBerry said in a release.
President Donald Trump will be meeting with members of the video game industry to discuss gun violence and school shootings, according to White House spokeswoman Sarah Huckabee Sanders. The Entertainment Software Association, which said last week it hadn't been contacted by the White House, confirmed today that it will be attending the meeting which it says will provide the "opportunity to have a fact-based conversation about video game ratings, our industry’s commitment to parents, and the tools we provide to make informed entertainment choices."
Washington became the first state in the country to pass its own net neutrality law in the wake of the Federal Communications Commission's (FCC) repeal of the popular Obama-era rules. Gov. Jay Inslee (D) signed a bill forbidding internet service providers from blocking or throttling web content, or from charging websites for higher delivery speeds.
Rhode Island's state legislature could soon vote on a bill that would impose a $20 fee on residents accessing pornography online. The legislation, which two Democratic state senators introduced in the General Assembly, would require internet service providers to digitally block sexual content or “patently offensive material.”
Congressional investigators probing Russian interference around the 2016 U.S. presidential election plan to question Reddit and Tumblr over new reports that the Kremlin may have helped spread disinformation on their sites, as lawmakers continue to explore the ways in which Russia weaponized social media.Staffers for lawmakers on the Senate Intelligence Committee will hold a briefing with Tumblr soon, and they’re seeking more information from Reddit after it acknowledged it shuttered hundreds of suspicious accounts in 2015 and 2016, according to a person close to the panel who was not authorized to speak publicly.
In a rare intervention by the government, the Trump administration moved to stall the potential takeover of Qualcomm, the leading American chip maker, by Singapore-based Broadcom on national security grounds. The action, by a little-known and secretive government panel, represents a newly aggressive posture by the administration to protect national corporate champions and scrutinize acquisitions by overseas companies.
Pennsylvania Attorney General Josh Shapiro filed a lawsuit against Uber after the San Francisco-based ride-sharing company took more than 12 months to inform users that it suffered a major hack. "Uber violated Pennsylvania law by failing to put our residents on timely notice of this massive data breach," Shapiro said in a press release.
The European Union this month will unveil plans to tax large global tech companies’ revenue at a rate in the 2-to-6-percent range, though more likely closer to 2 than to 6 percent, French Finance Minister Bruno Le Maire said in a newspaper interview. “ The proposal aims at increasing the tax bill of firms like Amazon.com, Alphabet’s Google and Facebook, which are accused by large EU states of paying too little by rerouting their EU profits to low-tax countries such as Luxembourg and Ireland.
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