Hackers Breach Top Wall Street Law Firms, Including Cravath Swaine & Moore LLP, Weil Gotshal & Manges LLP

Hackers Breach Top Wall Street Law Firms, Including Cravath Swaine & Moore LLP
Share this

Reuters: Hackers broke into the computer networks of some big U.S. law firms, including Cravath Swaine & Moore LLP and Weil Gotshal & Manges LLP, the Wall Street Journal reported on Tuesday. Federal investigators are looking to see if confidential information was stolen for insider trading, as these law firms represented Wall Street banks and big companies, the Journal said, citing people familiar with the matter. Other law firms were also targeted, but the probe has not amounted to any clear information on what details have been stolen, the newspaper…

Share this
Read More

Android app Malware steals two-factor SMS codes, hijacks big Australian banks systems

Share this

Millions of customers of Australia’s largest banks are the target of a sophisticated Android attack which steals banking details and thwarts two-factor authentication security. Commonwealth Bank, Westpac, National Australia Bank and ANZ Bank customers are all at risk from the malware which hides on infected devices waiting until users open legitimate banking apps. The malware then superimposes a fake login screen over the top in order to capture usernames and passwords. The malware is designed to mimic 20 mobile banking apps from Australia, New Zealand and Turkey, as well as…

Share this
Read More

White House Proposes $19 Billion Budget Allocation for Cybersecurity

Share this

US President Barrack Obama is seeking a 35 percent hike in cybersecurity funding in his final budget to boost the capability of the federal government to defend itself against cyberattacks. The proposed $19 billion request, which represents one of the largest increases ever sought in this area, comes as Congress and the public have witnessed an alarming series of intrusions in recent years against targets ranging from Target and Sony to the Pentagon and the Office of Personnel Management. The proposal is part of a larger package of initiatives the…

Share this
Read More

Apple under pressure to scrap controversial policy of permanently disabling repaired iPhone 6s

Share this

Apple has come under pressure to scrap its controversial policy of permanently disabling repaired iPhone 6s when software is upgraded, following a global consumer backlash and claims the company could be acting illegally. At least one firm of US lawyers said it hopes to bring a class action against the technology giant on behalf of victims whose £500 phones have been rendered worthless by an Apple software upgrade. In the UK, a barrister told the Guardian that Apple’s “reckless” policy of effectively killing people’s iPhones following the software upgrade could…

Share this
Read More

Developing Future African Leaders — Q&A with Wadzi Katsidzira of the African Leadership Academy

Share this

Africa’s future is bright, but realizing its potential will require the development of a new generation of African leaders ready to compete in a global economy. African economies are among the fastest-growing in the world, and the continent’s potential is widely recognized. Achieving this bright future will require a new generation of African leaders that are equipped with the skills and knowledge to compete in an increasingly global economy. That’s where organizations like the African Leadership Academy (ALA) comes in, identifying some of the most promising youth from around the…

Share this
Read More

US Internet Regulatory Authority (USIRA) Proposed, “No Legal Basis for IANA Transition”

Share this

I believe that such proven methods from contemporary US Public Policy experience must be applied in administrating any Internet Governance structure that would result from the IANA Transition proposals. This further underscores the need for Congress to establish a US Internet Regulatory Authority (USIRA) which I had called for in my December 2014 article (See Congress will Oversight ICANN – CircleID). Written by Sophia Bekele on CircleID “No Legal Basis for IANA Transition”: A Post-Mortem Analysis of Senate Committee Hearing Only proper regulation by an independent agency with full Congressional…

Share this
Read More

Lorely Burt: Women entrepreneurs are untapped talent says report

Share this

Women entrepreneurs could play a bigger role in the UK economy, creating jobs and boosting growth as well as reducing gender inequality, according to the findings of an independent report published today (16 February 2015). Business Secretary Vince Cable’s women in enterprise champion, Lorely Burt MP, published the report making a number of recommendations aimed at boosting the number of female entrepreneurs. The report, ‘Inclusive Support for Women in Enterprise’, found that although the number of female-run small and medium-sized businesses has increased, there is still more to be done…

Share this
Read More

Apple posts $18 billion profit, the largest in its history

Share this

Apple just posted its first quarter results, and as expected, it was a big one. Led once again by record sales of new iPhones and holiday sales of iPads and Macs, Apple posted earnings of $18 billion on $74.6 billion in revenue, far above what it forecasted back in October, and marking the highest quarterly profit in its history. By product, Apple sold 74.5 million iPhones, 21.4 million iPads, and 5.52 million Macs. Those numbers were up big from the number of iPhones and Macs Apple sold during the same time…

Share this
Read More

A Hacker Reveals How Your Fingerprint Could Be Easier To Hack Than A Traditional Password

Share this

A hacker has found a way to hack fingerprint passwords — and it’s as easy as taking a clear picture of someone’s hands. At the 31st annual Chaos Computer Club conference in Hamburg, Germany, Popular Science reports a hacker named Jan “Starbug” Krissler pointed out the flaws in biometric password technology, like the fingerprint sensor found on an iPhone 6. Krissler said pictures of people’s hands and fingers can be used to recreate a person’s fingerprint, which can be used to hack into any of their devices that require fingerprint password…

Share this
Read More

Businesses neglect Internet security to protect reputation

Internet
Share this

VietNamNet Bridge – Most Vietnamese companies are negligent when it comes to protecting their information on the Internet, VNCERT director Vu Quoc Khanh told Kinh Te & Do Thi (Economic and Urban Affairs) newspaper. Why do businesses attacked by hackers often hesitate to publicise information about the attacks? Recent attacks, especially the incident involving VC Corp’s websites, show that any organisation or business can be a potential target for hackers. However, most businesses prefer not to say anything about such attacks to protect their reputation. They only start asking for…

Share this
Read More