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By Michael Nienaber | BADEN-BADEN BADEN-BADEN The failure of the world’s financial leaders to agree on resisting protectionism and support free trade marks a setback in the G20 process and poses a risk for growth of export-driven economies such as host Germany, economists said on Sunday. Acquiescing to an increasingly protectionist United States after a two-day meeting in the German town of Baden-Baden, the finance ministers and […]

WASHINGTON The U.S. Department of Homeland Security has issued requests for proposals for prototypes for a wall along the Mexican border, saying ideally it should be 30 feet (9 meters) high and the wall facing the U.S. side should be “aesthetically pleasing in color.” A wall to stem illegal immigration was one of Donald Trump’s main campaign promises and has been highly controversial. The president has vowed […]

Revealed: New York airport’s wave of security lapses US and UK intelligence allegedly hacked smart TVs for surveillance purposes Easily hacked IoT devices can turn a university’s network against itself Major US cities are plagued by millions of exposed IoT devices New malware uses browser to destroy European hard drives What you need to know about the Yahoo breach (via PCMag)

STOCKHOLM, March 17 Swedish lenders Nordea and Handelsbanken will face no further sanctions for their involvement in the Panama Papers scandal as they had already been fined and acted to remedy the shortcomings, the country’s financial watchdog said on Friday. The financial watchdog opened investigations into all four major Swedish banks after they appeared in a leak of more than 11.5 million documents last year from the […]

BEIRUT Syria’s army high command said in a statement on Friday Israeli jets breached Syrian air space early in the morning and attacked a military target near Palmyra in what it described as an act of aggression that aided Islamic State. It said its air defences shot down one of the Israeli jets over what it called “occupied ground” and damaged another. (Reporting By Angus McDowall; Editing […]

Messaging apps WhatsApp and Telegram had a severe security flaw that allowed hackers to hijack users’ account with just one image, security researchers reveal. Check Point Security researchers just disclosed a serious vulnerability that allowed hackers to hijack hundreds of millions of WhatsApp and Telegram accounts simply by sending a malware-laden image. The hack targeted the method in which both Telegram and WhatsApp process images and multimedia files. […]

By Dustin Volz | WASHINGTON WASHINGTON The U.S. government on Wednesday unsealed charges against two Russian spies and two criminal hackers for allegedly pilfering 500 million Yahoo user accounts in 2014, The indictments, announced at a news conference in Washington, represent the first time the U.S. government has criminally charged Russian officials for cyber offenses. The content of at least 30 million accounts were accessed as part […]

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A grand jury in California has charged four people — including two Russian intelligence officers — in a pair of computer hacks against Yahoo that victimised hundreds of millions of consumers, the US Justice Department said on Wednesday. The men penetrated Yahoo’s email accounts, often using “spear phishing” emails, and used information they obtained to access other accounts at Yahoo and Google. Among those targeted were Russian […]

NEW YORK — Millions of records from a commercial corporate database have been leaked. The database, about 52 gigabytes in size, contains just under 33.7 million unique email addresses and other contact information from employees of thousands of companies, representing a large portion of the US corporate population. Dun & Bradstreet, a business services giant, confirmed that it owns the database, which it acquired as part of […]

Tuesday 15:10 GMT What you need to know ● Pound under pressure amid Brexit and Scottish secession worries● Sterling drops below $1.22 and euro edges up towards 88p● S&P 500 down 0.5 per cent as sliding oil hits energy stocks● Treasury yields little changed ahead of Fed decision——————- Hot topic The UK pound is back under pressure as traders become concerned that Edinburgh’s demand for a another […]

ABU DHABI // Illegal activities online will be targeted by the newly established Federal Public Prosecution for Information Technology Crimes. The FPPITC has been set up in the capital to investigate and resolve criminal cases including the misuse of the internet with the intention of damaging public morals, human trafficking, illegal drugs, illegal activity related to firearms, ammunition and explosives. Encouraging the breach of state laws as […]

Stock photo The price of Bitcoin plummeted after the US Securities and Exchange Commission (SEC) denied a request to bring Bitcoin to the financial market, highlighting how the value of the virtual currency can change within minutes. In February, the virtual currency’s value reached an all-time high of over $1,300 with investors taking a punt on rumors SEC would allow the first Bitcoin ETF. An exchange-traded fund […]

TAIPEI China does not understand Taiwan’s laws and its democracy, a senior Taiwanese justice ministry official said Monday, in the latest spat between the self-ruled island and Beijing, after island authorities detained a Chinese man in a suspected spy case. Deputy justice minister Chen Ming-tang said comments from a senior Chinese official that Taiwan was trying to use the case to stir up trouble with China was […]

Google’s self-driving unit, now called Waymo, is going after Uber, and it’s making it clear. It’s stepping up its legal attack on the popular ride-hailing company, most recently by asking a court to block Uber from leveraging technology, which it allegedly stole from Waymo to get ahead in the race for driverless cars. Waymo’s Uber Lawsuit The two, both Silicon Valley companies, are duking it out over […]

Authored by Federico Pieraccini via The Strategic Culture Foundation, While the world continues to decipher, or digest, the new Trump presidency, important changes are afoot within the grand strategic triangle that lies between Russia, Iran and China Away from the current chaos in the United States, major developments are progressing, with Iran, Russia and China coordinating on a series of significant moves crucial for the future of […]

Video Deadly Explosion in Damascus A double suicide bombing in Damascus killed dozens of people and injured others on Saturday. By REUTERS. Photo by Louai Beshara/Agence France-Presse — Getty Images. Watch in Times Video » BEIRUT, Lebanon — A double bombing near Shiite shrines often visited by foreign pilgrims in Damascus, Syria, killed at least 40 people on Saturday, shattering the capital’s efforts to isolate itself from […]

By Emily Stephenson | WASHINGTON WASHINGTON An intruder carrying a backpack entered the White House grounds late Friday and was arrested at an entrance near the part of the building where the president resides, the U.S. Secret Service and CNN said on Saturday. President Donald Trump, who was in the White House at the time, was not in any danger from the security breach, CNN reported, citing […]

This report marks the end of a series of three big trains of thought. The first explained how we’re living through the Mother Of All Financial Bubbles. The next detailed the Great Wealth Transfer that is now underway, siphoning our wealth into the pockets of an elite few. This concluding report predicts how these deleterious and unsustainable trends will inevitably ‘resolve’ (which is a pleasant way of […]

By Trevor Hunnicutt and Gertrude Chavez-Dreyfuss | NEW YORK NEW YORK The U.S. Securities and Exchange Commission on Friday denied a request to list what would have been the first U.S. exchange-traded fund built to track bitcoin, the digital currency. Investors Cameron and Tyler Winklevoss have been trying for more than three years to convince the SEC to let it bring the Bitcoin ETF to market. CBOE […]

Forget about a normal selfie. 2017 might just be the year of the lumy. For those unfamiliar with the term, a “lumy” is a photo or video that features an effect from the increasingly popular app Lumyer. Lumyer is an augmented reality app that allows users to add fun effects to their photos or videos to bring them to life. These lumys can then be shared on different […]

Think to log in, please. Credit: Syda Productions/Shutterstock Biometrics – technology that can recognise individuals based on physical and behavioural traits such as their faces, voices or fingerprints – are becoming increasingly important to combat financial fraud and security threats. This is because traditional approaches, such as those based on PIN numbers or passwords, are proving too easily compromised. For example, Barclays has introduced TouchID, whereby customers […]

Account takeover (ATO) is the downstream effect of a worrying rise in massive data breaches and phishing attacks. Criminals have easy access to billions of credentials, which they systematically test on sites and apps until they find a match. With 48 percent of online businesses experiencing a rise in ATO attempts in 2016, are you doing enough to prevent your users’ accounts from being hacked? ATO is […]

By Lovasoa Rabary | ANTANANARIVO ANTANANARIVO Madagascar has started evacuating thousands of people from flooded areas after storm waters broke dykes as the country reeled from the impact of Cyclone Enawo. Enawo hit Madagascar’s vanilla-producing northeastern coast on Tuesday morning, destroying roads and cutting off communications with Antalaha district, which has a population of 230,000 people. Five people were confirmed killed and seven injured late on Wednesday, […]

On Tuesday Republicans initialized the first step in rolling back the Federal Communications Commission’s internet privacy rules, with 25 U.S. senators introducing a new resolution that would cause their reversal, and even forbid the commission from passing anything similar in the future. Introduced last year, the privacy rules were an addendum to the net neutrality order, which required the FCC to handle enforcement of privacy protection form […]

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