Hacker Injects Malicious Code Into Popular JavaScript Library

A hacker has gained (legitimate) access to a popular JavaScript library and has injected malicious code that steals Bitcoin and Bitcoin Cash funds stored inside BitPay's Copay wallet apps. The presence of this malicious code was identified last week, but only now have researchers been able to understand what the heavily obfuscated malicious code actually does.

Uber Fined $1.17 Million by British, Dutch Officials for 2016 Data Breach

Uber was fined a combined $1.17 million by British and Dutch authorities for a 2016 data breach that exposed the personal details of millions of customers. The U.K.'s Information Commissioner's Office (ICO) announced a £385,000 fine ($491,284) against the ride-sharing company for "failing to protect customers' personal information during a cyber attack" in October and November of 2016. The

  • Read the article: CNBC

Supreme Court Hears Arguments in Class-Action Apple App Store Suit

U.S. Supreme Court justices appeared open to letting a lawsuit proceed against Apple Inc. that accused it of breaking federal antitrust laws by monopolizing the market for iPhone software applications and causing consumers to overpay. The nine justices heard an hour of arguments in an appeal by the Cupertino, California-based technology company of a lower court’s decision to revive the proposed class-action lawsuit filed in federal court in California in 2011 by a group of iPhone users seeking monetary damages.

British Parliament Seizes Facebook-Cambridge Analytica Documents

Parliament has used its legal powers to seize internal Facebook documents in an extraordinary attempt to hold the U.S. social media giant to account after chief executive Mark Zuckerberg repeatedly refused to answer MPs’ questions. The cache of documents is alleged to contain significant revelations about Facebook decisions on data and privacy controls that led to the Cambridge Analytica scandal.

Amazon Blames 'Technical Error' for Disclosing Names, Email Addresses

Amazon.com informed some customers that their names and email addresses had been “inadvertently disclosed” as a result of a “technical error,” but declined to provide more details about the security incident. The e-commerce giant confirmed it sent the messages, adding in a subsequent statement it had “fixed the issue.”

LinkedIn Accused of Processing EU Email Address with Permission

Social media network LinkedIn processed the email addresses of 18 million non-members and targeted them with advertising on Facebook without permission, an audit by the Data Protection Commissioner has found. The Data Protection Commissioner conducted an audit of the multinational LinkedIn Ireland, home to the company’s EU headquarters, after it became concerned with “systemic” issues in relation to how the company was processing the personal data of people who were not members of the network.

Zuckerberg Declines to Appear Before Lawmakers from Seven Countries

Facebook chief executive Mark Zuckerberg has declined to testify at a rare joint hearing with lawmakers from seven countries, representing more than 368 million people, according to a letter which was sent by the company to those officials and was obtained by The Washington Post. Instead, Facebook will dispatch Richard Allan, the company’s vice president of policy solutions, to answer questions at a Tuesday hearing featuring top policymakers from Argentina, Brazil, Canada, Ireland, Latvia, Singapore and the United Kingdom, representatives from the U.K. said.

Shopping Comparison Sites Say Google Hasn't Complied with EU Ruling

Shopping comparison sites accused Google in an open letter of failing to comply with a major EU ruling about how the internet giant displays shopping services. Last year, Europe's regulator slapped Google with a 2.42 billion euro ($2.72 billion) fine for favoring its own shopping services in its search results over those of rivals following a years-long antitrust investigation.

  • Read the article: CNET

U.S. Asks Allies to Stop Using Huawei's Telecommunications Equipment

The U.S. government has initiated an extraordinary outreach campaign to foreign allies, trying to persuade wireless and internet providers in these countries to avoid telecommunications equipment from China’s Huawei Technologies Co., according to people familiar with the situation. American officials have briefed their government counterparts and telecom executives in friendly countries where Huawei equipment is already in wide use, including Germany, Italy and Japan, about what they see as cybersecurity risks, these people said.

Justice Department Investigating Manipulation in Bitcoin Rally

As Bitcoin plunges, the U.S. Justice Department is investigating whether last year’s epic rally was fueled in part by manipulation, with traders driving it up with Tether -- a popular but controversial digital token. While federal prosecutors opened a broad criminal probe into cryptocurrencies months ago, they’ve recently homed in on suspicions that a tangled web involving Bitcoin, Tether and crypto exchange Bitfinex might have been used to illegally move prices, said three people familiar with the matter.

Singapore Lawmaker Criticizes Facebook for Failing to Fight Fake News

A Singapore lawmaker hit out at Facebook, saying it had reneged on a promise to help rein in fake news and calling for tougher regulations, which the social media firm has cautioned against. The criticism follows Facebook’s refusal this month of a government request to remove an online article about the city-state’s banks and Malaysia’s scandal-linked 1MDB state fund, which the government said was false and malicious.

Russian Company Sues Facebook for Blocking Its News Account

A Russian company whose accountant was charged by federal prosecutors for attempting to meddle in U.S. elections sued Facebook Inc., claiming it is a legitimate news outlet and its Facebook account should be restored. The Federal Agency of News LLC, known as FAN, and its sole shareholder, Evgeniy Zubarev, filed the lawsuit in federal court in the Northern District of California, seeking damages and an injunction to prevent Facebook from blocking its account.

Free Speech Advocate Says 'Facebook Has Its Own First Amendment Rights'

Facebook is not a part of the government. That means, unlike an American government body that has to abide by the First Amendment to the U.S. Constitution, it can kick off users who violate its rules. However, says First Amendment scholar Jameel Jaffer, we should have a discussion about that power and whether Facebook should be able to decide who gets to speak.

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The GigaLaw Firm helps companies of all sizes protect their brands online, using domain name dispute policies – such as the Uniform Domain Name Dispute Resolution Policy (UDRP) – and other legal tools available to copyright and trademark owners on the Internet.