Category: Western Media
FTC orders Blackbaud to boost security after massive data breach
Blackbaud has settled with the Federal Trade Commission after being charged with poor security and reckless data retention practices, leading to a May 2020 ransomware attack and a data breach affecting millions of people. Blackbaud is a U.S.-based company listed on NASDAQ with operations in multiple countries and a provider of cloud-based donor data management software catering to nonprofit organizations, like charities, education organizations, and healthcare agencies. The FTC’s complaint alleges that the company “failed to monitor attempts by hackers…
US lawmakers want pressure on Hungary to back Sweden’s Nato membership
WASHINGTON: Senior US lawmakers said they wanted Hungary to immediately approve Sweden’s accession to Nato, suggesting on Thursday, a week after Turkey’s approval, that Budapest risks permanent damage to its relationship with Washington if it does not act. Senate Foreign Relations Committee Ben Cardin said he had “deep concerns” over the direction of Hungary’s current government. The Democratic lawmaker noted Hungarian Prime Minister Viktor Orban’s delay, until today, of European Union assistance for Ukraine, as well as its continuing obstruction…
US Reviewing Venezuelan Sanctions Policy in Wake of Court Decision
The U.S. is reviewing its sanctions policy against Venezuela after a court in that country upheld a ban preventing presidential candidate Maria Corina Machado from holding office, the U.S. State Department said Saturday. The ruling by Venezuela’s Supreme Justice Tribunal on Friday means Machado, a 56-year-old industrial engineer, cannot register her candidacy for presidential elections scheduled for the second half of 2024. “The United States is currently reviewing our Venezuela sanctions policy, based on this development and the recent…
Canada Starts Inquiry Into Election Interference by China, Others
Vancouver, British Columbia — An official commission is about to get underway in Ottawa as Canada tries to determine to what extent China and other countries interfered in its last two elections. The investigation also will examine whether Russia and India interfered as well. All three countries have denied the allegations. Former Conservative Member of Parliament Kenny Chiu (Canadian House of Commons) Justice Marie-Josee Hogue will oversee the commission, which is the latest attempt to find out how countries — predominately…
Morgan Stanley and exec Pawan Passi avoid criminal misconduct prosecution for the price of $249 million
Morgan Stanley will pay $249 million to settle a criminal investigation, as well as a related Securities and Exchange Commission probe. The SEC said the bank generated more than $100 million in illicit profits as a result of misconduct by Pawan Passi, the bank’s former head of its US equity syndicate desk, and another employee. Morgan Stanley has been under investigation by the SEC since 2019 over its handling of block trades (a business that the bank dominates), and the…
Cubans face soaring fuel prices as Canadian tourists swoop in for winter getaways
Whatever the weather in Cuba this February, people may be feeling gloomy about the cost of living. The Cuban government is set to raise fuel prices fivefold at the start of next month. Havana says the move is a must, as it seeks funds to trim its deficit spending and buy needed goods from abroad. The change is not expected to have much of an immediate impact on the costs of vacation packages for Canadians looking to get away to the popular…
Ukrainian hacker spins up 1 million virtual servers to illegally mine crypto
A 29-year-old man in Ukraine was arrested this week for using hacked accounts to create 1 million virtual servers used to mine $2 million in cryptocurrency. As announced today by Europol, the suspect is believed to be the mastermind behind a large-scale cryptojacking scheme that involves hijacking cloud computing resources for crypto-mining. By using the computing resources of others’ servers to mine cryptocurrency, the cybercriminals can profit at the expense of the compromised organizations, whose CPU and GPU performance is degraded…
Canada and Partners take Iran to UN Council over Ukrainian Jet downed in 2020
Canada, Britain, Sweden and Ukraine on Monday formally complained to the U.N. aviation council in their bid to hold Iran accountable for the downing of a Ukrainian passenger airliner in January 2020 that killed 176 people, they said on Monday. Most of the dead were citizens from the four nations, which created a coordination group that seeks to hold Iran to account. “Today we have jointly initiated dispute-settlement proceedings before the International Civil Aviation Organization against the Islamic Republic of…
PornHub blocks North Carolina, Montana over new age verification laws
Adult media giant Aylo has blocked access to many of its websites, including PornHub, to visitors from Montana and North Caroline as new age verifications laws go into effect. This move also impacts other adult sites owned by the company, including Tube8, RedTube, and Brazzers. As of January 1st, new age verification laws went into effect in Montana and North Carolina that require adult websites to verify the age of visitors from those states. Under these new laws, failure to…
Latvia’s ex-central bank chief sentenced to 6 years’ jail for corruption
Latvia’s former central bank governor was sentenced to six years in prison for bribery on Wednesday after a trial over the most prominent of a series of recent financial scandals to hit the Baltic country. Ilmārs Rimšēvičs, head of the Latvian central bank from 2001 until 2019, was found guilty by the Riga district court of accepting bribes and a fishing trip to Russia from shareholders of a now defunct bank. He was sentenced to six years in jail and…
U.S. nuclear research lab data breach impacts 45,000 people
The Idaho National Laboratory (INL) confirmed that attackers stole the personal information of more than 45,000 individuals after breaching its cloud-based Oracle HCM HR management platform last month. INL is one of 17 U.S. Department of Energy’s (DOE’s) national laboratories, and it employs 6,100 researchers and support staff involved in national security and nuclear research. On November 20, it confirmed a “cybersecurity data breach” that impacted its off-site Oracle HCM system one day before. CISA and FBI are looking into…
Hunter Biden, son of U.S. president, indicted on 9 tax charges in California
Hunter Biden was indicted on nine tax charges in California on Thursday as a special counsel investigation into the business dealings of the U.S. president’s son intensifies against the backdrop of the looming 2024 election. The new charges — three felonies and six misdemeanors — come in addition to federal firearms charges in Delaware alleging Hunter Biden broke a law against drug users having guns in 2018. He had been previously expected to plead guilty to misdemeanor tax charges as part…
Fortnite maker Epic Games wins antitrust case against Google
A U.S. federal court jury has decided that Google’s Android app store has been protected by anti-competitive barriers that have damaged smartphone consumers and software developers, dealing a blow to a major pillar of a technology empire. The unanimous verdict reached Monday came after just three hours of deliberation following a four-week trial revolving around a lucrative payment system within Google’s Play Store. The store is the main place where hundreds of millions of people around the world download and…
Toyota warns customers of data breach exposing personal, financial info
Toyota Financial Services (TFS) is warning customers it suffered a data breach, stating that sensitive personal and financial data was exposed in the attack. Toyota Financial Services, a subsidiary of Toyota Motor Corporation, is a global entity with a presence in 90% of the markets where Toyota sells its cars, providing auto financing to its customers. Last month, the company confirmed that it detected unauthorized access on some of its systems in Europe and Africa, following a claim from Medusa ransomware about…
AutoSpill attack steals credentials from Android password managers
Security researchers developed a new attack, which they named AutoSpill, to steal account credentials on Android during the autofill operation. In a presentation at the Black Hat Europe security conference, researchers from the International Institute of Information Technology (IIIT) at Hyderabad said that their tests showed that most password managers for Android are vulnerable to AutoSpill, even if there is no JavaScript injection. How AutoSpill works Android apps often use WebView controls to render web content, such as login pages within…
French juvenile court convicts 6 over roles in teacher’s beheading
A French juvenile court on Friday convicted six teenagers for their roles in the beheading of a teacher by an Islamist extremist that shocked the country. Teacher Samuel Paty was killed outside his school in 2020 after showing his class cartoons of Islam’s Prophet Muhammad during a debate on free expression. The attacker, a young Chechen who had radicalized, was killed by police. The court found five of the defendants, who were 14 and 15 at the time of the…