Microsoft Partners With Thales on Cloud Solution for Armed Forces

European provider of defense and cybersecurity solution Thales said Monday it has partnered with Microsoft for the development of a common Defense Cloud solution for armed forces – a system designed to allow armed forces to securely store sensitive...

Feds Arrest 74 for Cyber-Enabled Financial Fraud

Federal authorities announced on Monday what they called a “significant coordinated effort” to disrupt Business Email Compromise (BEC) schemes that are designed to intercept and hijack wire transfers from businesses and individuals, including many senior citizens. Operation Wire Wire, a...

Google Bars Use of Its AI Tech for Weapons, Will Work With Military

Google said Thursday it feels a sense of responsibility and will not design or deploy its AI tech in areas “whose principal purpose is to cause or directly facilitate injury to people.” The company stated it will avoid the...

ZTE to Pay $1 Billion Fine to End US Ban: Will Accommodate American Monitoring...

US Commerce Secretary Wilbur Ross announced on Thursday a deal with China’s ZTE which will have the smartphone maker pay a fine of $1 billion, and onboard an American monitoring team to bring to an end a simmering trade...

FTC Sues to Stop Two Operations for Facilitating ‘Billions’ of Illegal Robocalls

The Federal Trade Commission (FTC) said Tuesday it has filed a complaint in federal district court seeking to stop two related operations and their principals who allegedly facilitated billions of illegal robocalls to consumers nationwide, pitching everything from auto...
fbi

FBI Moves to Disrupt Global Botnet of Infected Routers

The Justice Department announced on Wednesday an effort to disrupt a global botnet of hundreds of thousands of infected home and office (SOHO) routers and other networked devices under the control of a group of actors known as the...
blockchain

HSBC, ING Complete First Live Finance Transaction on Blockchain Platform

HSBC and ING on Monday announced they have carried out the first live trade-finance transaction on R3’s scalable blockchain platform called Corda. This transaction was for agrifood trading giant Cargill. The blockchain transaction involved a bulk shipment of soybeans from...

Efail: Email Encryption Standards Vulnerable to Cyberattacks

Researchers from the University of Applied Sciences (FH) in Münster, Horst Görtz Institute for IT Security at Ruhr-Universität Bochum (RUB), and Katholieke Universiteit Leuven have released a paper demonstrating that the two most common email encryption standards are vulnerable...

Chili’s Customers’ Information Compromised in Data Breach

Brinker International, the parent company of Chili's Grill & Bar, announced Saturday that a data incident at some Chili’s restaurants may have resulted in a credit and debit card data breach. According to the company, the data incident may have...

Google Launches Overhauled Gmail With New Security Features, Self-Destructing Messages

Google on Wednesday launched a revamped Gmail, with new security and intelligent features. This includes an all-new Gmail, with a brand new look on the web, advanced security features, new applications of Google’s artificial intelligence and even more integrations...

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