Cybersecurity

Cybercriminals Use Multilingual Domain Names to Create Fake Sites

Cybercriminals Use Multilingual Domain Names to Create Fake Sites

Researchers from Farsight Security recently warned that cyber criminals are abusing multilingual character sets to create fake versions of banks, brands, and similar popular websites. The scammers were reportedly able to create lookalike scam sites of Lego and Haribo using non-English characters in the domain names, with the difference is especially difficult to discern on a smartphone. In their report, Farsight further revealed that out of more than 100 million domain names that use non-English character sets, around 27% had been created by scammers.   Source: BBC

Twitter Launches Support for Physical Security Keys

Twitter Launches Support for Physical Security Keys

Twitter announced last Tuesday that it will now be supporting universal two-factor (U2F) devices which are used as physical security keys for login verification. The small keyring-sized devices boosts Twitter’s security since it is still possible for SMS verification codes to get intercepted. The associated key will also provide protection against fake Twitter pages that try to phish passwords and other sensitive information. Twitter says that users that have their mobile numbers linked with their account will be able to set up the physical two-factor key. Those who already have the setting enabled can use Twitter’s support page to set […]

Trump to Use Review Panel to Deal with Chinese Tech Investments

Trump to Use Review Panel to Deal with Chinese Tech Investments

US president Donald Trump says that his administration will task a national security review panel to screen Chinese tech investments for possible threats, instead of imposing restrictions. The Treasury Department recommended the Committee on Foreign Investment in the United States (CFIUS) for the task. The committee, whose authority has been enhanced by new legislation in Congress, will be well-poised to control transactions and address security concerns. The move is said to be a softer approach to curbing Chinese investments pushed by Treasury Secretary Steven Mnuchin. However, other senior Trump advisers are still arguing for harsher, China-specific curbs that invoke emergency […]

Huawei Revealed to be Top Sponsor of Australian Politicians’ Overseas Travel

Huawei Revealed to be Top Sponsor of Australian Politicians’ Overseas Travel

The Australian Strategic Policy Institute (ASPI) recently found Huawei to be the top corporate sponsor for overseas travel of Australian politicians. The revelation comes after several lawmakers moved to have the Chinese telecoms giant to be banned from participating in a roll-out of Australia’s 5G next-generation communications network due to privacy and security concerns. According to disclosure registers, Huawei paid for 12 trips to Shenzhen by Australian federal politicians, which included business class flights, local travel, accommodation and meals, from 2010 to present. However, Huawei Australian spokesman Jeremy Mitchell said the company was not doing anything wrong and even invited […]

Kaspersky Labs in Talks with Australia to Prevent Ban

Kaspersky Labs in Talks with Australia to Prevent Ban

In its global efforts to regain trust, cybersecurity company Kaspersky Labs revealed this week that it is in talks with the office of the Australian Prime Minister in hopes of preventing a ban in the country similar to the one the US had imposed. Kaspersky Lab APAC managing director Stephan Neumeier said that they had a productive conversation with the PM’s people to which they unveiled their transparency center initiative. They also invited the government to Switzerland where they can witness the project and the products firsthand. The Russian-based firm revealed that their Zurich facility will be able to store […]

Australia to Review Existing Online Safety Legislation

Australia to Review Existing Online Safety Legislation

Australia’s federal government announced this week that it will be conducting a probe to determine if the country’s existing online safety legislation can still protect netizens. Former Australian Public Service Commissioner Lynelle Briggs will be heading two reviews that will focus on probing the Enhancing Online Safety Act 2015 which details the powers, functions and governance arrangements of the eSafety Commissioner’s office. Briggs will also be reviewing Schedules 5 and 7 of the Broadcasting Services Act 1992 which dictates the rules for regulating online content. The federal government also said that it is welcoming submissions for the online safety regulatory […]

Hezbollah Accounts Shut Down by Twitter, Facebook

Hezbollah Accounts Shut Down by Twitter, Facebook

Terror group Hezbollah complained last Saturday that Facebook and Twitter had taken down its main accounts. Hezbollah reportedly posted on Telegram that the tech giants’ move were “part of the propaganda campaign against the resistance due to the important role of the organization’s information apparatus in various arenas.” Sources have said that Israeli officials had threatened the companies with legal action if they refused to remove terrorist accounts and material from their platform. Source: Fox News

China to Lift Great Firewall in Hainan Island

China to Lift Great Firewall in Hainan Island

China is reportedly planning to allow foreigners access to sites blocked by the country’s “Great Firewall” on Hainan island, which the government is planning to transform into the “Hawaii of the East”. It is said that the island will also be transformed into an international free trade zone for foreign investment, luxury, gambling, and tourism by 2020. However, it is not sure if locals will also be given access to banned sites such as YouTube, Facebook and Twitter. The plan, which was published on the local government’s website, was taken down a day after. Source: Business Insider

Google Accused of Supporting Chinese Communist Party Over Huawei Ties

Google Accused of Supporting Chinese Communist Party Over Huawei Ties

US lawmakers have criticized Google and asked it to reconsider its ties to Huawei, saying that it could pose a major security risk for American consumers. Both Democratic and Republican lawmakers urged CEO Sundar Pichai this week to think over its mobile messaging partnership with the world’s third-largest phone maker, especially after the search giant decided to stop working with the US government on an AI project which would have helped improve US military drone strikes.   The letter to Picha also expressed the government’s “disappointment” that the company was more willing to work with China’s Communist Party rather than […]

Biggest South Korean Crypto Exchange Hacked, $30 Million Stolen

Biggest South Korean Crypto Exchange Hacked, $30 Million Stolen

Coin Telegraph Japan reported this week that leading South Korean cryptocurrecny exchange Bithumb had been hacked and approximately $30 million in funds had been stolen. Considered to be the sixth largest crypto-exchage in the world, Bithumb tweeted an apology and said that that all deposits and withdrawals have been suspended for the meantime. Resident officials from the Sentinel Protocol, a project specializing in hacking, scam, and fraud detection, says that the hot wallet was hacked last June 19 where the culprits stole various coins including Ripple. Source: Coin Telegraph