News Briefs

Petya Ransomware Spreading Rapidly Worldwide, Effecting Banks, Telecom, Businesses, Power Companies

A large scale ransomware attack today is spreading rapidly worldwide, shutting down computers at corporates, power supplies, and banks across Russia, Ukraine, Spain, France, UK, India, and Europe and demanding $300 in bitcoins. more

South Korean Banks Receive DDoS Threat from Hacker Group, Record Ransomware Payment Demanded

Various sources including South Korea's news agency Yonhap are reporting that a hacker group has threatened to launch a DDoS attack against seven South Korean banks unless they pay about 360 million won (US$315,000) in bitcoin. more

Cycling Legend Greg LeMond Sues Cybersquatters Upward of $6.6 Million

A federal restraining order has been issued against a father and son accused of registering several domain names based on cycling legend Greg LeMond's name and his company. more

Mozilla, National Science Foundation Offer $2M Prize for a Decentralized Web

Mozilla and the National Science Foundation have announced a $2 million prize for ideas that decentralize the web; prizes will be available for both early-stage design concepts and fully-working prototypes. more

Cyberattack on UK Parliament Halts Email Access

UK parliament has been the target of a "sustained and determined" cyberattack by hackers attempting to gain access to Member of Parliaments' and their staffers' email accounts. more

Pharmacy Chain Boots Terminates Its New TLD .boots

"Boots becomes latest company to terminate new gTLD but other '.brands' go full steam ahead." Trevor Little reporting in World Trademark Review. more

Cisco Introduces Intent-Based Network That Can Learn, Adapt and Mitigate Threats

Cisco has launched an intent-based networking solution designed to be intuitive and adapt; a new approach claimed to be one of the most significant breakthroughs in enterprise networking. more

Honda Halts Domestic Car Production Plant Due to WannaCry Virus in Computer Network

Production at a Honda domestic vehicle plant was halted for a day this week as a result of the discovery of WannaCry ransomware in the computer network, the company reports.  more

Bloomberg: Pricing of New TLDs Seem “Kind of Random”, Sector in “Flux”

Bloomberg's Economic Editor, Peter Coy, suggests that the Top-Level Domain pricing seen in the market today appears to represent a big pricing experiment in a sector of the economy "that's in flux". more

Data on Nearly 200 Million Potential Voters in U.S. Found Fully Exposed

According to reports released today, databases containing information on close to 200 million potential U.S. voters were found unsecured and exposed to the Internet, allowing anyone to download it without a password. more

Overview of the Global Domain Market, Afnic Study

Afnic, the French Network Information Centre and manager of the .fr TLD, today published its report on the global domain market in 2016. more

Chinese Scientists Have Built First Quantum Network With No Danger of Being Decrypted

A paper published by researchers from the Chinese Academy of Sciences, reports a successful demonstration of satellite-based entanglement distribution to receiver stations separated by more than 1200 km -- the results illustrate the possibility of a future global quantum communication network. more

North Korea’s Spy Agency Behind WannaCry

According to a report from The Washington Post, the NSA has linked the North Korean government to the creation of the WannaCry ransomeware that resulted in affecting over 300,000 people in almost 150 countries last month. more

Donuts, Rightside Group Merge in a $213M Acquisition Deal

Donuts Inc., a leading domain name registry for new top-level domains and Rightside Group today announced a merger agreement; Donuts has agreed to acquire Rightside for $10.60 per share in an all-cash tender offer, for an aggregate purchase price of approximately $213MM. more

FBI, DHS Release Technical Details on North Korea’s DDoS Botnet Infrastructure

U.S. Department of Homeland Security (DHS) and the FBI today released a technical alert based joint-effort analysis of methods behind North Korea’s cyberattacks. more