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Users Warned of New Sextortion Attack
July 15, 2018 By aatech

Reports are emerging of a new sextortion campaign in which victims are asked to pay thousands of dollars in Bitcoin to keep quiet a supposed webcam video of them watching porn. The unsolicited email attempts to trick the user into believing the extorter as it opens by revealing a genuine password linked to the recipient’s […]

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Western E-Tailers Set to Lose Nearly $19bn to Fraud
July 14, 2018 By aatech

E-commerce sites in the US and Western Europe are estimated to lose a whopping $18.6bn this year through fraud, according to a new Forrester report. The market analyst compiled its figures from LexisNexis estimates that in 2017 the cost of fraud was just over 2% of revenue for e-tailers, and that the regions are expected […]

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IT News
Newsmaker Interview: Scott Helme on Securing the Web
July 13, 2018 By aatech

Threatpost sat down with Helme to discuss the state of web security, including certificate transparency, HTTPS deployment, Let’s Encrypt, content security policy and HTTP strict transport security. Scott Helme, the well-known security researcher, international speaker and the founder of the securityheaders.com and report-uri.com free tools for web security, has devoted himself to improving the security […]

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IT News
Chrome Now Features Site Isolation to Defend Against Spectre
July 12, 2018 By aatech

A new feature called site isolation is being tapped to protect Chrome users against Spectre. Google introduced new security mitigations for its Chrome browser to defend against recently discovered Spectre variants. The new security feature, called site isolation, essentially isolates different browser work processes between various browser tabs. That means one tab’s webpage rendering and […]

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IT News
ICO Plans to Slap £500K Fine on Facebook
July 11, 2018 By aatech

The Information Commissioner’s Office (ICO) is set to levy the maximum fine under the old data protection regime against Facebook for failings linked to the Cambridge Analytica scandal. The privacy regulator issued a new report on Wednesday detailing its wide-ranging investigation into the use of data analytics for political campaigning. It claimed to have issued […]

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IT News
Timehop Reveals More Personal Data Was Breached
July 10, 2018 By aatech

Breached online firm Timehop has revealed more details about a security incident which affected 21 million people, which will be an interesting test case for GDPR regulators. The firm originally said it discovered a network intrusion on July 4 resulting in the compromise of names, email addresses and phone numbers. However, in an update on […]

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IT News
Former Apple Employee Charged with Data Theft
July 9, 2018 By aatech

FBI special agent Eric M. Proudfoot filed a criminal complaint on 9 July charging former Apple employee Xiaolang Zhang with the crime of stealing trade secrets from the tech giant. Zhang, who began working for Apple at the end of 2015, was a hardware engineer working on Apple’s autonomous vehicle development team. Details of the […]

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WEBASSEMBLY CHANGES COULD RUIN MELTDOWN AND SPECTRE BROWSER PATCHES
June 29, 2018 By aatech

Upcoming changes to the WebAssembly (Wasm) format may defang the browser patches for infamous side-channel attacks Meltdown and Spectre. Wasm was invented to improve execution speed for porting desktop applications to web-based environments; programs are compiled in Wasm and then can easily be run in a browser. It’s more efficient than traditional JavaScript, but it’s […]

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IT News
WANNACRY EXTORTION FRAUD REEMERGES
June 28, 2018 By aatech

Extortion emails that threaten recipients with a WannaCry infection if they don’t pay up are making the rounds in the UK and elsewhere. The activity prompted an alert Friday from the City of London’s Action Fraud unit, which said at the time that police had already received almost 300 reports in just a two-day span. […]

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UK TAX AGENCY COLLECTS 5.1M BIOMETRIC VOICE IDS, MAY VIOLATE GDPR
June 27, 2018 By aatech

Her Majesty’s Revenue and Customs (HMRC) in the UK is under investigation by that country’s regulator over the collection of more than 5 million biometric voice IDs. The Information Commissioner’s Office (ICO) is investigating the tax agency’s practice, which may violate the recently implemented General Data Protection Regulation, following an official complaint from watchdog group […]

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