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281 Arrested Worldwide by US Federal Authorities in Connection With Business Email Compromise Scheme

U.S. Department of Justice says federal authorities successfully carried out a "significant" coordinated effort to disrupt Business Email Compromise (BEC) schemes designed to intercept and hijack wire transfers from businesses and individuals. more

The Insecurity of the IoT is Only Getting More Profound, Says Principal Researcher at F-Secure

"Three years after Mirai first appeared, and two years after WannaCry, it shows that we still haven't solved the problems leveraged in those outbreaks," said F-Secure Principal Researcher Jarno Niemela. more

51 CEOs Call on US Congress for Urgent Nationwide Data Privacy Law Overriding State-Level Laws

A letter, signed by 51 CEOs, was sent to U.S. House and Senate and leaders of other committees today urging policymakers to pass a comprehensive national data privacy law. more

Ransomware Causes 15 Schools in Arizona To Stay Closed For a Second Day

The Flagstaff Unified School District (FUSD), in Arizona which consists of 15 schools and over 9,600 students, canceled classes on both Thursday and Friday after a ransomware virus was found on multiple servers. more

Phishing Attacks Targeting Executives Now Top Cybersecurity Insurance Claims, Says AIG

A new report published by the insurance giant, AIG, claims phishing attacks via email, often targeted at senior executives, has overtaken ransomware. more

Hong Kong ISPs Oppose Government Plans for Internet Restrictions Without Industry Consultation

A statement released by the Hong Kong Internet Service Providers Association (HKISPA) denouncing any plans that would restrict Hong Kong's open internet network. more

By 2021 Cost of Cybercrime to Top Annual Natural Disasters and Global Drug Trade Costs, Says Report

By 2021, it is estimated that cybercrime will cost the global economy more than $6 trillion in damages, exceeding annual costs for natural disasters and the global drug trade. more

Australia to Block Domain Names That Host Extremist Content During Attacks

Following the Christchurch massacre in March which resulted in the killing of 51 worshippers at two New Zealand mosques, Australian Prime Minister Scott Morrison while attending the G7 summit in France, said the government will establish a new framework to block domains linked to violent attacks. more

WIPO Becomes First Non-Chinese Entity to Provide Domain Dispute Resolution Services for China’s .cn

WIPO's Arbitration and Mediation Center earlier this month became the only non-Chinese entity to provide domain name dispute resolution services for the .CN and .?? (China) country code Top-Level Domain (ccTLD). more

Huawei Founder in a Staff Memo Warns Company Is Facing a ‘Live-or-Die Moment’

In a memo sent to employees on Monday, Ren Zhengfei, the 74-year-old Huawei founder, has asked its employees to work aggressively towards sales targets and warned that the company is facing a "live-or-die moment." more

Google Showing Signs of Increased Concerns Over Rising Data Privacy Scrutiny

Earlier this year, Google quietly terminated its "Mobile Network Insights" service, which provided wireless carriers globally, information on network performance in various locations. more

Study Reveals U.S. Carriers Throttle Online Video on Their Mobile Networks Even When Not Congested

A study conducted by researchers at Northeastern University and the University of Massachusetts Amherst involving 650,000 tests indicates U.S. carriers are throttling online video on their mobile networks regardless of whether or not those networks are congested. more

Irland Leads Europe’s .eu Domain Registrations in Q2

The latest report released by EURid, the operator of Europes .eu domain, has attributed 18% of the growth of the European domain to Ireland followed by Portugal with 16.1% and Norway with 10.8%. more

Huawei Launches Its Own Operating System, Says Its Completely Different From Android and iOS

Huawei announces a new homegrown operating system called HarmonyOS. The Chinese tech giant launched the new OS during its developer conference on Friday, calling it "completely different from Android and iOS." more

There’s a Full-On War for Cybersecurity Talent, CEOs Forking Millions to Fill Roles

With companies realizing the threat of hefty fines, lawsuits, and executive resignations that can follow security breaches, companies are scrambling to scoop up scarce security experts. more

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