Huawei Ready To Reveal Inner Workings To Show No Security Threat

Huawei’s Italian President says the company is ready to show that its technology does not pose any security risk to the countries that will include its equipment in the creation of 5G networks. Reuters reports: “We will open our insides, we are available to be vivisected to respond to all of this political pressure…,” President Luigi De Vecchis said at the…

All Four of the World’s Largest Shipping Companies Have Been Hit By Cyberattacks

An anonymous reader quotes a report from ZDNet: With today’s news that French shipping giant CMA CGM has been hit by a ransomware attack, this now means that all of the four biggest maritime shipping companies in the world have been hit by cyber-attacks in the past four years, since 2017. Previous incidents included: 1.) APM-Maersk — taken down for weeks…

Microsoft: Some Ransomware Attacks Take Less Than 45 Minutes

Catalin Cimpanu, writing for ZDNet: For many years, the Microsoft Security Intelligence Report has been the gold standard in terms of providing a yearly overview of all the major events and trends in the cyber-security and threat intelligence landscape. While Microsoft unceremoniously retired the old SIR reports back in 2018, the OS maker appears to have realized its mistake, and has…

Ransomware Attacks Take On New Urgency Ahead of Vote

A Texas company that sells software that cities and states use to display results on election night was hit by ransomware last week, the latest of nearly a thousand such attacks over the past year against small towns, big cities and the contractors who run their voting systems. From a report: Many of the attacks are conducted by Russian criminal groups,…

Dark Web Drugs Raid Leads To 179 Arrests

Police forces around the world have seized more than $6.5 million in cash and virtual currencies, as well as drugs and guns in a co-ordinated raid on dark web marketplaces. The BBC reports: Some 179 people were arrested across Europe and the U.S., and 500kg (1,102lb) of drugs and 64 guns confiscated. It ends the “golden age” of these underground marketplaces,…

Microsoft Secures Backend Server That Leaked Bing Data

Microsoft suffered a rare cyber-security lapse earlier this month when the company’s IT staff accidentally left one of Bing’s backend servers exposed online. From a report: The server was discovered by Ata Hakcil, a security researcher at WizCase, who exclusively shared his findings with ZDNet last week. According to Hakcil’s investigation, the server is believed to have exposed more than 6.5…

With New Security and Free Internet Issues, What Did the TikTok Deal Really Achieve?

Though the U.S. government averted a shutdown of TikTok through a new Oracle/Walmart partnership, that leaves much bigger questions unresolved. The biggest issue may be that banning apps “defeats the original intent of the internet,” argues the New York TImes. “And that was to create a global communications network, unrestrained by national borders.” “The vision for a single, interconnected network around…

Chinese Intelligence Compiles ‘Vast Database’ About Millions Around the World

Australia’s national public broadcaster ABC reports:
A Chinese company with links to Beijing’s military and intelligence networks has been amassing a vast database of detailed personal information on thousands of Australians, including prominent and influential figures. A database of 2.4 million people, including more than 35,000 Australians, has been leaked from the Shenzhen company Zhenhua Data which is believed to be used…

CEO of Cyber Fraud Startup NS8 Arrested By FBI, Facing Fraud Charges

An anonymous reader quotes a report from Forbes: The CEO of a startup that sold fraud prevention software is facing fraud charges after he was arrested Thursday by the FBI in Las Vegas. Adam Rogas, who abruptly resigned from NS8 earlier this month, is accused of misleading investors who poured in $123 million to his company earlier this year, a deal…

Former Australian Prime Minister Tony Abbott Hacked After Posting Boarding Pass on Instagram

Former Australian Prime Minister Tony Abbott had his phone number and passport details obtained by a hacker after posting a picture of his boarding pass on Instagram. From a report: Hacker Alex Hope said he uncovered Mr Abbott’s details from his Qantas boarding pass in just 45 minutes. He then spent months attempting to contact Mr Abbott to alert him of…