Britain's two largest telecommunications firms - BT and Vodafone - plan to lobby Prime Minister Boris Johnson to not fully ban Huawei hardware from the nation's 5G rollout, warning that doing so could delay their rollouts, the Guardian reports.
FTCODE, a ransomware strain that has been active since at least 2013, has recently been revamped to include new features, including the ability to steal credentials and passwords from web browsers and email clients, according to two research reports released this week.
The National Payments Corp. of India is labeling as "premature" news reports that it's launching a blockchain-based system called "Vajra" to secure online payments. NPCI says the system remains in development with no timeline for release.
Since the EU's General Data Protection Regulation went into full effect in May 2018, European data protection authorities have received more than 160,900 data breach reports and imposed $126 million in fines under GDPR for a wide variety of infringements, not all involving data breaches.
Mitsubishi Electric says hackers exploited a zero-day vulnerability in its anti-virus software, prior to the vendor patching the flaw, and potentially stole trade secrets and employee data. The Japanese multinational firm announced the breach more than six months after detecting it in June 2019.
Alphabet and Google CEO Sundar Pichai is supporting an EU proposal for a temporary ban on the use facial recognition technology in public areas and is calling for government regulation of artificial intelligence.
Citrix has released the first of several patches that address a vulnerability in its Application Delivery Controller and Gateway products that was discovered by researchers in December. If left unpatched, the vulnerability is remotely exploitable and could allow access to applications and internal networks.
Cybercriminals are using increasingly sophisticated methods to turn illicitly gained cryptocurrency into cash, which raises new concerns about enforcing anti-money laundering laws, according to a report by Chainalysis.
Microsoft says it's prepping a patch to fix a memory corruption flaw in multiple versions of Internet Explorer that is being exploited by in-the-wild attackers, and it's issued mitigation guidance. Security firm Qihoo 360 says the zero-day flaw has been exploited by the DarkHotel APT gang.
The Reserve Bank of India has decided to allow all banks to use remote video-based "know your customer" authentication for onboarding new clients. But some observers say many Indian banks may prove reluctant to use video KYC because they lack the necessary technology and new customers lack smartphones.
As business email compromise schemes continue to evolve, some cybercriminals are focusing on accessing companies' financial documents, which provide useful information to support the theft of money, according to a new report from security firm Agari.
A day after the NSA disclosed a significant vulnerability that could affect the cryptographic operations in some versions of Windows, security researchers started releasing "proof of concept" code designed to show how attackers potentially could exploit the flaw. This highlights the urgency of patching.
As if ransomware wasn't already bad enough, more gangs are now exfiltrating data from victims before leaving systems crypto-locked. Seeking greater leverage against non-paying victims, Maze and Sodinokibi attackers are not just threatening to leak stolen data; they're also following through.
One gaping hole in the U.S. government's push to counter Chinese-built 5G telecommunications gear remains the lack of alternatives. But a bipartisan group of senators is seeking to create a $1 billion fund to create trusted, Western-built options.