Category: Cyber-Crime

Reddit CEO Steve Huffman, desperate to show Wall St. that his company can make money, decided to lock away the information on Reddit behind a paywall by turning Reddit’s free API to paid, creating quite a mess. In response, thousands of subreddits went dark on Monday, with a plan for most (though not all) to come back today. But, on…

  The European Commission has signalled it could be preparing to break up Google’s adtech business. Speaking during a press conference this afternoon, EU EVP Margrethe Vestager, the bloc’s competition chief and head of digital strategy, announced it has sent a formal statement of objections to Google for suspected anti-competitive conduct in its adtech business. If the Commission confirms its…

The top US securities regulator sued cryptocurrency platform Coinbase on Tuesday, the second lawsuit in two days against a major crypto exchange, in a dramatic escalation of a crackdown on the industry and one that could dramatically transform a market that has largely operated outside regulation. The US Securities and Exchange Commission (SEC) on Monday took aim at Binance, the…

Meta has been dragged kicking and screaming into another notable privacy concession in Europe: The German Federal Cartel Office (FCO) has announced a new account center incoming which will see the tech giant provide users of its social networking services with a greater degree of choice over whether they allow it to combine data on their activity across its services…

A Florida man has pleaded guilty to importing and selling counterfeit Cisco networking equipment to various organizations, including education, government agencies, healthcare, and the military. The 39-year-old resident of Florida, Onur Aksoy, conducted the scheme through 19 companies formed in New Jersey and Florida and in several online storefronts, collectively known as ‘Pro Network Entities,’  Aksoy had a criminal complaint…

We’ve written a lot about AB 2273, California’s Age Appropriate Design Code (AADC) that requires websites with users in California to try to determine the ages of all their visitors, write up dozens of reports on potential harms, and then seek to mitigate those harms. I’ve written about why it’s literally impossible to comply with the law. We’ve had posts…

CISA warned of a recently patched zero-day vulnerability exploited last week to hack into Barracuda Email Security Gateway (ESG) appliances. Barracuda says its security solutions are used by more than 200,000 organizations worldwide, including high-profile companies like Samsung, Mitsubishi, Kraft Heinz, and Delta Airlines. The U.S. cybersecurity agency also added the bug (CVE-2023-2868) to its catalog of security flaws exploited…

U.S. authorities have seized 13 more domains linked to some of the world’s most popular DDoS-for-hire websites. These websites, also described as “booter” or “stressor” services, are marketed as legitimate security testing tools that allow admins to stress-test websites. In reality, the services are used for launching denial-of-service (DDoS) attacks designed to overwhelm websites and networks and force them offline….

Microsoft says a Chinese cyberespionage group it tracks as Volt Typhoon has been targeting critical infrastructure organizations across the United States, including Guam, since at least mid-2021. Their victims span a wide range of critical sectors, including government, maritime, communications, manufacturing, information technology, utilities, transportation, construction, and education. “Microsoft assesses with moderate confidence that this Volt Typhoon campaign is pursuing…

Last year’s techwide reckoning continues. In 2023, layoffs have yet again cost tens of thousands of tech workers their jobs; this time, the workforce reductions have been driven by the biggest names in tech like Google, Amazon, Microsoft, Yahoo, Meta and Zoom. Startups, too, have announced cuts across all sectors, from crypto to enterprise SaaS.  The reasoning behind these workforce…

(Bloomberg) — US lawmakers are urging Washington to strike back against China for its decision to bar Micron Technology Inc.’s memory chips, threatening to further inflame tensions between the two countries. Representative Mike Gallagher, a Wisconsin Republican who leads a China-focused congressional committee, wants Changxin Memory Technologies Inc. placed on a blacklist that effectively bars dealings with American firms. That’s…

Google’s Sundar Pichai has agreed to work with lawmakers in Europe on what’s being referred to as an “AI Pact” — seemingly a stop-gap set of voluntary rules or standards while formal regulations for applying AI are still being worked on. Pichai was meeting with Thierry Breton, the European Union’s internal market commissioner, who put out a statement after today’s…

Under the multi-year agreement, the two US companies will develop components for 5G devices that will be designed and manufactured in America. Apple says the deal is part of a plan it announced in 2021 to invest $430bn (£346bn) in the US economy. The move comes as a trade row centred on the technology industry intensifies between Washington and Beijing….

Most of us wouldn’t argue that private companies can’t run their businesses the way they prefer. The gold standard has been the right to refuse service to anyone — something that covers everything from refusing paper checks from certain customers to booting people off social media services for refusing to stop behaving like inveterate assholes. When private companies do things,…

Adam Kovacevich is the CEO and founder of a center-left tech industry coalition called Chamber of Progress and has worked at the intersection of tech and politics for 20 years, leading public policy at Google and Lime and serving as a Democratic Hill aide. When the Biden administration proposed new protections earlier this month to prevent law enforcement from demanding…

The US is attacking Chinese companies and scientists as part of its efforts to foil the technological development of other countries, Chinese Foreign Ministry spokesman Wang Wenbin claimed on Wednesday.  During his regular press conference, Wang argued that the Disruptive Technology Strike Force set up by the US Justice Department (DOJ) in February was designed to “abuse export control regimes.” …