News

Germany Points to Russia for Recent Cyber Attack

Germany Points to Russia for Recent Cyber Attack

German Foreign Minister Heiko Maas said Sunday that the German government is suspecting Moscow to be behind the recent cyber attack on the Foreign Ministry. Maas cited a number of “problematic” actions taken by Russia aside from the cyber attack, such as delaying the implementation of a ceasefire in eastern Ukraine, the poison gas attack in Britain, its support of the Syrian government, and its efforts to influence Western elections. Maas added that they reached a point where they had to assume the attacks had come from Russia, and said that they were condemning those negative contributions. Source: Reuters

Australian Ministers, Google, Apple to Meet for Cybersecurity

Australian Ministers, Google, Apple to Meet for Cybersecurity

It was reported this week that the Australian government has sent a number of officials and cybersecurity experts to the RSA Conference in the US to show off local talent and deepen cyber-alliance ties between the two countries. Minister for Law Enforcement and Cyber Security Angus Taylor, Commonwealth Cyber Coordinator Alastair MacGibbon, and Australian Federal Police Assistant Commissioner Neil Gaughan is set to meet with officials from Washington, Department of Homeland Security, and the FBI this week. The will also be having a meeting with representatives from Apple, Google, Paypal, and Twitter to discuss tech challenges faced by law enforcement. […]

UK Lawmaker Calls for Review of Monopolization of Data by US Firms

UK Lawmaker Calls for Review of Monopolization of Data by US Firms

In a report on ethical AI development released Monday by the House of Lords committee, a witness warned against the “unprecedented concentration of wealth and power in a small number of corporations” such as Alibaba, Alphabet, Amazon, Apple, Facebook, Microsoft and Tencent. The committee called on regulators to review the “potential monopolization of data” by US technology firms in the UK which, according to them, could hamper homegrown development of artificial intelligence. It was also recommended in the report that a national and international “AI code” be created to protect the data rights or privacy of individuals, families or communities. […]

Mastercard Patents Own Blockchain System for Identity Verification

Mastercard Patents Own Blockchain System for Identity Verification

According to an application published by the U.S Patent and Trademark Office (USPTO) last April 12, Mastercard had filed a patent for a Blockchain system which will be used for storage and verification of identity data. It is said that Mastercard’s blockchain aims to replace proof of identity provided by government identification, credit cards, business cards which are prone to inaccuracies and fabrication. However, the blockchain will use only only authorized nodes to submit and update system data, making it a (semi-)private solution. The financial company still maintains its anti-Bitcoin, pro-Blockchain stance and has already reportedly filed 30 patents related […]

US Judge Rules Uber Drivers are Not Employees

US Judge Rules Uber Drivers are Not Employees

Last Wednesday, U.S. District Judge Michael Baylson ruled that Uber’s limousine drivers are not employees, but independent contractors according to federal law. It is said to be the first ruling of its kind on a contentious issue for the ride-hailing firm who has been hit with numerous lawsuits which argue that its drivers should be entitled to employee benefits. However, the Philadelphia judge said that the company does not hold enough control over UberBLACK drivers for them to be considered as employees under the Fair Labor Standards Act since they are able to work whenever they want, are allowed activities […]

Indian Cryptocurrency Exchange Loses $3.5 Million, Blames Head of Security

Indian Cryptocurrency Exchange Loses $3.5 Million, Blames Head of Security

Indian cryptocurrency exchange Coinsecure reported last Thursday that it had lost around $3.5 million, blaming the theft on its head of security. Director Mohit Kalra told authorities that 438.318 bitcoin have gone missing while its Chief Security Officer (CSO) Amitabh Saxena was extracting Bitcoin Gold which was to be distributed to customers. Kalra added that Saxena also kept a copy of the private keys and feared that he might be at flight risk It is said that the incident marks one of the first major issues on a cryptocurrency exchange in the country. Source: CNBC

Duterte Denies Working with Cambridge Analytica in 2016 Campaign

Duterte Denies Working with Cambridge Analytica in 2016 Campaign

Speaking in Davao City last Friday, President Rodrigo Duterte said that his campaign team did not work with Cambridge Analytica and added that he would have lost if he did team up with them. Duterte won in a landslide victory with 6.6 million more votes than his closest rival, Mar Roxas. However, a photo from 2015 recently surfaced, showing his campaign team sharing a meal with Cambridge Analytica Chief Executive Officer Alexander Nix. The Philippines is one of the top countries hit by the Facebook breach involving Cambridge Analytica, and it is estimated that 1.2 million Filipino users had their […]

Facebook Ordered Not to Block User & Comment by German Court

Facebook Ordered Not to Block User & Comment by German Court

A Berlin court has issued a temporary injunction, ordering Facebook to unblock a particular user and reinstate his comment even though it was in violation of the site’s community standards. In what is said to be the first ever injunction of its kind in Germany, the court has instructed Facebook to lift the suspension of Gabor B and undelete his comment which said that “The Germans are becoming ever more stupid. “No wonder, since they are every day littered with fake news from the left-wing Systemmedien about ‘skilled workers’, declining unemployment rates or Trump.” Facebook reportedly unblocked his account, but […]

Telegram Will Bypass Russia Ban, Says CEO

Telegram Will Bypass Russia Ban, Says CEO

Last Friday, Telegram CEO Pavel Durov revealed that their application will be using its built-in systems to bypass the ban Russia had brought down last Friday. Durov said on his VK page that users will not have to do anything. However, he cannot guarantee that the messaging app will work 100% without using VPNs. A Russian court had already ruled in favor of the Roskomnadzor to ban the encrypted messaging service in the country, but the date of effectivity had not been specified. Source: Reuters

India Prohibits Banks from Dealing with Cryptocurrencies

India Prohibits Banks from Dealing with Cryptocurrencies

The Reserve Bank of India issued an announcement last Thursday prohibiting banks from “dealing with or providing services to any individuals or business entities dealing with or settling virtual currencies.” RBI deputy governor Bibhu Prasad Kanungo says that the order, which is to take effect immediately, is a proactive measure needed to ensure financial stability. He added that cryptocurrencies can seriously undermine India’s AML (anti-money laundering) and FATF (Financial Action Task Force) framework. Tech and cryptocurrency personality Pankaj Jain tweeted that the move may just be a knee jerk reaction to an Indian cryptocurrency scammer who was arrested in Bangkok. […]