Hacker offers 427 million MySpace passwords for just $2,800
You know your website isn’t worth much when a database of 427 million stolen login credentials are being sold online for roughly $2,800 (£1,920).
Yep, that’s what happened to MySpace over the weekend. But Myspace not being worth much nowadays is not the news. Possibly the biggest login credentials theft, is.
CEO falls for email scam, loses $47 million
An airplane parts manufacturer has fired its CEO after the poor guy got scammed, costing the company €42 million ($47 million).
"In the supervisory board meeting, held on May 24, 2016, Mr. Walter Stephan (CEO) was revoked by the supervisory board as chairman of the management board of FACC AG with immediate effect for important reason. The supervisory board came to the conclusion, that Mr. Walter Stephan has severely violated his duties, in particular in relation to the 'Fake President Incident'. Mr. Robert Machtlinger was appointed as interim CEO of FACC AG".
European Data Protection Supervisor says EU-US Privacy Shield needs 'significant improvements'
The proposed data transfer deal between Europe and the US, destined to replace Safe Harbour, has been dismissed as "not robust enough". The European Data Protection Supervisor (EDPS) says that the pact is in need of "significant improvements" if it is to be of any value in protecting European data stored in the US.
Safe Harbour has already been ruled invalid, and it had been hoped that the EU-US Privacy Shield would be finalized by June. While today's criticism does not mean the new pact is dead in the water, it does represent a serious stumbling block.
Lazarus may be responsible for Bangladesh Central Bank hack
The group that tried to steal a million dollars from the Vietnamese Tien Phong Bank, managed to steal $81 million from Bangladesh's Central Bank, and managed to steal $12 million from a bank in Ecuador, also attacked a bank in the Philippines.
However, it remains unclear if the group actually managed to steal any money from this bank or not. What we do know, though, is that all these attacks seem to be pointing at the same hacking group, known as Lazarus.
Messaging apps need to play by Iran's rules to operate in the country
Privacy concerns have been voiced after Iran announced plans to force messaging apps and social media services to store all data about Iranian users on Iranian soil. It is common practice for user data to be stored in other counties, but the government in Iran continues to exert its authority over the internet.
Any company who wants to operate a message service in Iran has a year to comply with the data relocation requirement. With Iran already blocking access to the likes of Facebook and Twitter, privacy and security advocates have expressed worries about the implications of the new rules.
The internet is plagued by misogyny and abuse
The world of technology has long been thought of as being male dominated. For those concerned with diversity, this is situation is less than ideal but a bigger problem exists in the form of online abuse. This does not refer just to trolling and immature silliness, but the more serious issue of targeted misogyny.
The headline to this article may seem to state the obvious, but it's very easy to assume that something is the case without actually having the evidence to support it. Personal experience is one thing, but how does this translate to the wider sphere? New research shows that there is indeed a serious problem with online abuse and misogyny, particularly on social media, and a campaign is underway to try to tackle the scourge.
Debunking seven fundamental cyber-security myths
If we look at the world of cyber security through the eyes of the media, it’s a pretty frightening view. We hear story after story of security breaches hitting major companies and the next data leaks that follows affecting thousands of people. It’s enough to fill any business with trepidation.
With cyber security such a big talking point, we tend to see a lot of information floating around -- some of which is not in the least bit true. If a company wants to enhance its IT security it is imperative to be able to separate facts from fiction.
The need for change in combating ransomware and other threats [Q&A]
The security landscape is one that is constantly changing and old-style signature-based detection systems are struggling to keep up.
But what are the main threats today and how can companies and individuals combat them? We spoke to Tomer Weingarten CEO of next-generation security specialist SentinelOne about ransomware and what the LinkedIn hack means for the future of password security.
Windows 10's new Limited Periodic Scanning mode will keep your PC extra safe from malware -- here's how to use it
While there’s a lot of negativity surrounding Windows 10 at the moment, thanks mostly to Microsoft’s shady upgrade tactics, it is actually a very good operating system.
The upcoming Windows 10 Anniversary Update, out at the end of July, improves the OS significantly, introducing a wealth of new features, and one of the latest inclusions to be made available for Windows Insiders to try is Limited Periodic Scanning. This sets Windows Defender to scan your PC at intervals, even if you have another anti-virus program installed.
You could be held liable for cases of bank fraud if your online security isn’t up to scratch
If you need another reason to pay attention to online security, new measures under consideration by banks could sharpen your focus. At the moment, banks in the UK frequently shoulder the cost of online fraud when customers fall victim. But all this could be set to change.
The plans being looked at by banks, GCHQ and the UK government could see people who haven’t taken care of their own online security being excluded from receiving compensation if their account is hacked.
Windows 10 Insider Preview Build 14352 includes Cortana, Ink and Feedback hub improvements
Microsoft has pushed Windows 10 Insider Preview Build 14352 to the Fast Ring. The latest build introduced a number of updates and bug fixes. One of the biggest changes is to Cortana which can now be used to control a Groove Music Catalog and set a timer.
The recently-introduced Windows Ink gains improved Sticky Notes, and the ruler now benefits from the inclusion of a compass. Gamers can now enjoy the Windows Game bar at full-screen in more games, including World of Warcraft, Counterstrike: Global Offensive, and Diablo III. Important changes have also been made to the Feedback Hub.
Google plans to replace your Android password with a 'trust score'
Google wants to do away with traditional passwords on Android and replace them with "trust scores".
The company outlined how it is planning to make the transition away from passwords on its mobile platform by 2017 during its I/O conference last week. By using a variety of different metrics, Google’s Trust API technology would be able to replace traditional passwords and pins used to unlock its smartphones.
Decade-old 'forbidden attack' vulnerability affects HTTPS Visa sites
A number of supposedly secure HTTPS sites owned by Visa are vulnerable to what has been dubbed the 'forbidden attack'. The security flaw makes it possible for hackers to inject content and code into sites, as well as opening up the possibility of performing man-in-the-middle attacks.
A team of researchers have published a paper that shows how 70,000 HTTPS servers were vulnerable to the attack, and 184 were found to be particularly at risk. While many of the affected sites have since been patched, sites belonging to Visa and Polish banking associate Zwizek Banków Polskich remain insecure because of reusing a cryptographic nonce in contravention of the TLS protocol (hence the 'forbidden' tag).
Nearly half of European workers use personal devices for work
Shadow IT, or stealth IT, is a practice still commonly used by European workers, according to a new Fuze report. It means employees are using either hardware or software that has not been directly approved of by the IT department, risking security breaches.
The report, entitled "App Generation report", argues that 40 percent of employees are using their personal devices for work. The same goes for software and apps.
Microsoft stops you from using weak passwords
Having a good password can make the difference between your account being hacked and receiving a notification informing you of a failed login attempt. Even though this should be common knowledge, it seems that many folks are in the dark about this. You do not need to look hard to find evidence of this, as there are many reports that reveal passwords like "1234567890" to be very popular still.
Since it is clear that it cannot rely on its users to make the right decisions about their account security, Microsoft is taking a proactive approach by "dynamically banning commonly used passwords". So, if you think that "qwerty123" is good enough to keep all your emails private, luckily you will not have to find out whether you are right or not.
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