U.S. Democratic Senator Ron Wyden released an early draft of a bill today that would subject company CEOs and senior executives to tough penalties including 10 to 20 years of imprisonment for failing to protect consumer data. more
World Wide Web founder Tim Berners-Lee speaking during an interview this week, warned Silicon Valley technology giants have grown so dominant they may need to be broken up. more
Karachi-based Bank Islami revealed Saturday morning that it had detected abnormal transactions resulting in 2.6 million Pakistani rupees, roughly $19,500 and precautionary steps where taken immediately. more
The Librarian of Congress and US Copyright Office has updated the Digital Millennium Copyright Act extending some essential exemptions ensuring that computer security researchers won't be treated like nefarious criminals for their contributions to society. more
IBM and Red Hat, leading provider of open source cloud software, announced today that IBM will acquire all of the issued and outstanding common shares of Red Hat representing a total enterprise value of approximately $34 billion. This changes everything about the cloud market, says Ginni Rometty, IBM President and CEO. "IBM will become the world's #1 hybrid cloud provider, offering companies the only open cloud solution that will unlock the full value of the cloud for their businesses." more
ICANN has lifted the stop on delegating the .amazon top-level domain, allowing the delegation of the domain to the company Amazon Inc. over the South American region. more
Yahoo today announced it has agreed to pay $50 million in damages and will offer two years of free credit-monitoring services to 200 million people whose email addresses and other personal information were stolen as part of the massive security breach. more
In a statement delivered during the ICANN63 in Barcelona, David Redl,
Assistant Secretary of Commerce for Communications and Information (NTIA) said that while the community has greatly improved ICANN's accountability there is still room left for improvements. more
When it comes to fighting cybercrime, "being able to easily access ICANN and look up IP addresses is a lot more important than accessing the minutiae of encrypted data communications," says Jacqueline McNamara, head of cybersecurity at Telstra. more
A striking trend revealed in a report to be released next week by the Web Foundation, an organization set up by the inventor of the world wide web, Sir Tim Berners-Lee, indicates that the rate at which the world is getting online has fallen sharply since 2015. more
According to reports, the majority of the U.S. federal domains have met the deadline to adopt an email authentication program to prevent fake emails from being sent. more
A report from the U.K.'s National Cyber Security Centre blames hostile foreign states for the majority of the 1,167 attacks dealt with in the past two years. more
U.S. Senators Mark Warner, a Virginia Democrat, and Marco Rubio, a Florida Republican, both critics of China, have urged Canada to consider dropping China's Huawei Technologies from helping to build next-generation 5G telecommunications networks. more
The EU's privacy regulator is predicting that the first round of enforcement actions under the new General Data Protection Regulation (GDPR) will be exercised in the coming months. more
Akram Atallah, head of ICANN's Global Domains Division, has left the organization to join leading gTLD registry Donuts Inc. as its new CEO. more
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