Moratorium called for on Facebook’s Libra

House Financial Services Committee Chairwoman Maxine Waters has urged Facebook to halt plans on Facebook’s cryptocurrency. Waters stated that due to the tech giant’s repeated privacy violations, Facebook has been advised to halt on developing the cryptocurrency Libra until it has been examined thoroughly. “Given the company’s troubled past, I am requesting that Facebook agree […]

Businesses are at risk from fraudulent domains, research reveals

The Domain Fraud Report 2019 by Proofpoint analysed over 350 million domains to help identity domain trends on a global and regional scale. It was identified that domain fraud is a threat to businesses across a variety of industries and geographies with 76% of respondents finding “lookalike” domains posing as their brand, and 85% of […]

Company fined €20K for employee surveillance

France’s data protection authority, CNIL have imposed a penalty against Uniontrad Company following complaints from several employees. Employees from the company had filed complaints about the company filming them at their workstation, between 2013 and 2017. CNIL alerted the company surrounding the rules that employees should not be filmed continuously and all information present on […]

New Android malware that can bypass 2FA

A new type of android malware has been identified that is capable of bypassing SMS-based-two-factor authentication. In a report on ESET by researcher Lukas Stefanko, a new type of malware has been detected in the Google Play store, which is capable of accessing one-time passwords (OTPs) in SMS two-factor- authentication (2FA) messages “without using SMS […]

Facebook reveals details on new cryptocurrency Libra

Libra will allow users worldwide to make financial transactions starting from 2020. The digital currency is described as a “global, digitally native, reserve-backed cryptocurrency built on the foundation of blockchain technology”. It allows individuals that may not necessarily have a bank account to transfer money and use it as a method of payment. Authors of […]

Phone carriers violate privacy law, claims groups

A complaint has been made by public interest groups following allegations that major phone carriers are sharing their customers’ location data without consent. The US Federal Communications Commission (FCC) received a complaint against Verizon, AT&T, Sprint and T-Mobile The complaint wrote: “The Carriers have disclosed customer location information to location aggregators, other location-based services companies, […]

Student scrapes Venmo transactions to warn users over privacy settings

A computer science student has scraped seven million transactions to prove that users’ public activity can be acquired. This follows after a privacy researcher, had downloaded 207 million transactions of Venmo last year. This was possible as Venmo payments between users are made public by default. Therefore every transaction a user makes is publicly accessible […]

Houdini Worm targeting commercial banking customers

A new variant of Houdini Worm has been identified targeting commercial banking customers with campaigns containing malicious files. In a blog post, cybersecurity researchers from Cofense detected the new variant dubbed WSH Remote Access Tool (RAT), which had been released by the malware’s author on June 2, 2019 . The variant takes five days to […]

Healthcare found to be a favourite target of cryptolockers

Researchers at Positive Technologies investigated the cybersecurity trends of the first quarter in 2019 in the “Cybersecurity Threatscape: Q1 2019” report. The report identified an increase in ransomware trojans from 9% in the last quarter of 2018 to 24% in the first quarter of 2019. However attackers are earning less from “traditional” ransomware and therefore […]

Twitter removes thousands of accounts linked to the Iranian government

The microblogging platform revealed on Thursday that 4,779 accounts have been eradicated as it is believed they are all associated with the Iranian government. Twitter has been releasing transparency reports since October 2018 about state-backed information operations. In the latest report, Twitter has revealed that thousands of accounts located in Iran have been deleted. Twitter […]