Category: Tech

Canada’s anti-money laundering agency offline after cyberattack

The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has announced that a “cyber incident” forced it to take its corporate systems offline as a precaution. FINTRAC is a government agency in Canada that operates as the country’s financial intelligence unit. It is engaged in money laundering investigations, tracking millions of suspicious transactions annually and making thousands of disclosures…

BlackRock, Temasek-led group invest US$150 million in thermal battery maker Antora

  Thermal battery maker Antora Energy on Feb 22 said it has raised US$150 million (S$201.5 million) in a funding round led by a tie-up between the world’s biggest asset manager BlackRock and Singapore state investment firm Temasek. The BlackRock-Temasek partnership, called, Decarbonization Partners, led an investor group including Emerson Collective, GS Futures, The Nature Conservancy, Lowercarbon Capital, Breakthrough Energy…

Former CIA engineer who sent ‘Vault 7’ CIA spying secrets to Wikileaks sentenced to 40 years

A former CIA software engineer was sentenced to 40 years in prison on Thursday after his convictions for what the government described as the biggest theft of classified information in CIA history and for possession of child sexual abuse images and videos. The bulk of the sentence imposed on Joshua Schulte, 35, in Manhattan federal court came for an embarrassing…

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,…

Share with Care: 2,217 Domains Blocked, the Majority for Circumvention

At the height of the online file-sharing boom, the phrase ‘Sharing is Caring’ was a reminder that peer-to-peer file-sharing systems lived or died on the availability of upload bandwidth. Its presentation allowed it to be about much more than that. The ‘give to get’ philosophy forms part of the BitTorrent protocol even today, but Sharing is Caring was a phrase…

Microsoft debates what to do with AI Lab in China

SEATTLE – When Microsoft opened an advanced research lab in Beijing in 1998, it was a time of optimism about technology and China. The company hired hundreds of researchers for the lab, which pioneered Microsoft’s work in speech, image and facial recognition and the kind of artificial intelligence that later gave rise to online chatbots such as ChatGPT. The Beijing…

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…

‘Science’ in Service of Agenda

Starting in the mid-20th century, companies began distorting and manipulating science to favor specific commercial interests. Big tobacco is both the developer and the poster child of this strategy. When strong evidence that smoking caused lung cancer emerged in the 1950s, the tobacco industry began a campaign to obscure this fact. The Unmaking of Science The tobacco industry scientific disinformation…

Google must bargain with YouTube worker union, US labour board rules

ALBANY – Alphabet’s Google violated US labour law by refusing to bargain with a union representing contract workers for YouTube Music, a federal agency has ruled. The National Labour Relations Board (NLRB) in a decision on Jan 3 rejected claims by Google, which owns YouTube, that it should not be considered the employer of workers provided by staffing firm Cognizant…

Apple fears ‘irreparable harm’ after ban on selling watches upheld

Apple has said it would suffer “irreparable harm” after the White House allowed a ban on imports on some of its watches following a dispute over the devices’ blood oxygen technology. The tech giant is filing an emergency motion asking a court to allow it to sell two of its most popular watches – the Series 9 and Ultra 2…

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…

Counter-Strike 2 HTML injection bug exposes players’ IP addresses

Valve has reportedly fixed an HTML injection flaw in Counter-Strike 2 that was heavily abused today to inject images into games and obtain other players’ IP addresses. While initially thought to be a more severe Cross Site Scripting (XSS) flaw, which allows JavaScript code to be executed in a client, the bug was determined only to be an HTML injection…

Cold storage giant Americold discloses data breach after April malware attack

Cold storage and logistics giant Americold has confirmed that over 129,000 employees and their dependents had their personal information stolen in an April attack, later claimed by Cactus ransomware. Americold employs 17,000 people worldwide and operates more than 24 temperature-controlled warehouses across North America, Europe, Asia-Pacific, and South America. The April network breach led to an outage affecting the company’s operations after…

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…

23andMe says hackers accessed ‘significant number’ of files about users’ ancestry

Genetic testing company 23andMe announced on Friday that hackers accessed around 14,000 customer accounts in the company’s recent data breach. In a new filing with the U.S. Securities and Exchange Commission published Friday, the company said that, based on its investigation into the incident, it had determined that hackers had accessed 0.1% of its customer base. According to the company’s most recent…

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…