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The logo of car-sharing service app Uber on a smartphone over a reserved lane for taxis in a street is seen in this file photo illustration taken in Madrid on December 10, 2014. Reuters/Sergio Perez/Files SAN FRANCISCO The U.S. Department of Justice is pursuing a criminal investigation of a May 2014 data breach at ride service Uber [UBER.UL], including an examination of whether any employees at competitor […]

    The U.S. Department of Justice is pursuing a criminal investigation of a May 2014 data breach at ride service, including an examination of whether any employees at competitor Lyft were involved in the episode, sources familiar with the situation said.  Full Article This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on someone else’s site, please read […]

Alleged VTech Hacker Arrested in the U.K. Police in the United Kingdom believe they have caught the culprit behind a massive cyberattack against leading electronic toy maker VTech that compromised the information of nearly 5 million adults and over 6 million children. The South East Regional Organized Crime Unit, or SEROCU, in Bracknell, a town about 30 miles west of London, arrested a 21-year-old man yesterday for […]

MacKeeper is under some hacker fire this week. Kromtech, the company that develops software that works to make Mac computers more stable and secure, is reporting a “potential vulnerability” in its data storage system. That potential vulnerability reportedly exposed the personal data of 13 million people. Kromtech could not immediately be reached for comment. But here’s what we know: Security researcher Chris Vickery identified this issue privately […]

A man types on a computer keyboard in Warsaw in this February 28, 2013 illustration file picture. Reuters/Kacper Pempel/Files WASHINGTON More than a million victims of a massive hack of U.S. government computer files have still not been officially notified that their data was compromised and that they are eligible for free credit-monitoring protection, officials said on Friday. The government this week finished sending notifications through the […]

Chinese electronic toymaker (pictured: VTech Tote ‘n Go Laptop) VTech, has been hacked, revealing the information of 5 million customers. The database of the company’s Learning Lodge app store, which allows customers to download apps, e-books and learning games, was breached on November 14 HKT (Hong Kong Time). The hack was discovered on November 24 and customers were notified on November 27. The customer database holds a […]

Starwood Hotels & Resorts Worldwide Inc. is the latest known hotel target of cyber attackers. The company on Friday announced that hackers had injected malware into point of sale systems at some of its hotels in North America. That malware ultimately made it possible for unauthorized parties to tap into the payment card data of some hotel guests. Starwood, which operates brands including Four Points by Sheraton, […]

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|By TAP Staff| Dutch bank ABN Amro said it has paid fines to regulators in the Netherlands and Dubai over “serious shortcomings” in vetting clients and managing risk at its private banking operations. The statement comes a week ahead of the bank’s proposed IPO. The Dubai investigation had put a shadow over the bank, which naturally had a bearing on the forthcoming IPO. ABN said on Wednesday […]

|By TAP Staff| The GFMS Gold Survey for the third quarter is bearish on the short term prospects of gold and expects the metal to trade back down below $1,100/oz for the remaining months of the 2015. According to the survey, published by Thomson Reuters, gold is set to remain under pressure until there is more clarity on the timing and the scale of US rates normalisation. […]

Discount broker Scottrade said on Friday that it was the victim of a cyber attack from late 2013 to early 2014 that compromised client names and addresses in a database with information on some 4.6 million customers. The firm said it learned about the attack from federal law enforcement officials who were investigating the theft of data from Scottrade and other financial services firms. The company did […]

DUBAI // Two people were killed and one person seriously injured after they jumped from the third floor of an apartment building to escape a fire in a flat where 22 men were living. Dubai Civil Defence crews from Al Rashidiya station rescued seven men from the balcony of the one-bedroom home in the England cluster at International City. The blaze, which was reported at about 9.40pm […]

WASHINGTON — Three Democratic senators announced on Tuesday that they would back President Obama’s nuclear deal with Iran, bringing to 41 the total number of Senate supporters as critics in Congress prepared to open a historic debate on the accord. With the support of the three senators — Richard Blumenthal of Connecticut, Gary Peters of Michigan and Ron Wyden of Oregon — the White House gained additional […]

A magnifying glass is held in front of a computer screen in this picture illustration taken in Berlin May 21, 2013. Reuters/Pawel Kopczynski/Files Mozilla, creator of the Firefox web browser, said hackers had stolen security-sensitive information from Bugzilla, its bug tracker, and used it to “attack” Firefox users. The account that the hackers broke into was shut down shortly after the company discovered it had been compromised, […]

TORONTO The chief executive of infidelity website Ashley Madison’s parent company Avid Life Media has left, just over a week after hackers leaked data about millions of its clients in a massive cyber assault. Avid Life said on Friday the departure of Noel Biderman was by “mutual agreement” and its existing senior management team would take over until a new CEO is appointed. On Aug. 18, hackers […]

A photo illustration shows the Ashley Madison app displayed on a smartphone in Toronto, August 20, 2015. Reuters/Mark Blinch Infidelity website Ashley Madison and its parent company have been sued in federal court in California by a man who claims that the companies failed to adequately protect clients’ personal and financial information from theft, saying he suffered emotional distress. The lawsuit, filed in U.S. District Court in […]

TORONTO Emails sent by the founder of infidelity website AshleyMadison.com appear to have been exposed in a second, larger release of data stolen from its parent company, cyber security experts confirmed on Thursday. The data dump by hackers who have attacked the site appears to include email messages linked to Noel Biderman, founder and chief executive officer of its Toronto-based parent company Avid Life Media. In a […]

LEBANON.  Byblos Bank issued today, in cooperation with the Olayan School of Business at the American University of Beirut, the results of the Byblos Bank/AUB Consumer Confidence Index for the first half of 2015. The results show that the Byblos Bank/AUB Consumer Confidence Index declined marginally in January and February, grew in March, regressed in April, and slightly improved in May and June 2015. Further, the Index […]

UAE. On 20 July 2015, the UAE announced its adoption of a Federal Law, Law No 2 of 2015 on Preventing Discrimination and Hatred (the “Law”).  Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, has announced that the law “guarantees the freedom of individuals from religious intolerance … and underpins the UAE’s policy of inclusiveness.” Although the main aim of the Law appears to be […]

UAE. Media outlets in the UAE and elsewhere have picked up on a variety of recent stories regarding the use of social media in the UAE.  These stories include one about an Australian expat being arrested, jailed and deported after posting a picture of a car taking up two disabled parking spots.  A similar story from earlier in the summer related to an appellate decision to overturn […]

UAE. In response to a plethora of exogenous (dollar strength, oil price declines, etc.) as well as endogenous (numerous real estate launches, doubling of transaction fees, Central Bank caps on mortgage etc.) factors, prices and transactional activity have fallen across the freehold markets. In response, Developers in Dubai have offered a variety of incentives to galvanize sales in the form of payment plans that have often stretched […]

Trend Micro unveils Windows 10-compatible solution MANAMA, 1 days ago Trend Micro, a leader in security software, has unveiled its Trend Micro Security 10, a security and privacy solution fully compatible with Microsoft Windows 10, which is to be launched later this week. The new version’s security features are simple-to-use, yet provide state-of-the-art protection for consumers’ data, delivered with optimal performance, said a statement. It will allow […]

United Airlines is the latest to fall victim to a data breach. The hackers stole flight manifests, which disclose information about passengers on the flight and their destinations. News reports are pointing fingers at hackers backed by China. Some are attributing the attacks to the same group that attacked health insurer Anthem and U.S. Office of Personnel Management (OPM). In February, Anthem informed millions of its customers […]

Mena lagging in adopting cyber security policies BEIRUT, 1 days ago Despite the current global focus on cyber security issues including hacking, data losses, breaches and other information leaks, organizations in the Mena region still do not have formal cyber security initiatives in place, a report said. In keeping with international trends, managing Compliance Risk remains a high priority for organizations across Mena region, explained the Middle […]

INTERNATIONAL. In my “Net Assessment of the World,” I argued that four major segments of the European and Asian landmass were in crisis: Europe, Russia, the Middle East (from the Levant to Iran) and China. Each crisis was different; each was at a different stage of development. Collectively the crises threatened to destabilize the Eurasian landmass, the Eastern Hemisphere, and potentially generate a global crisis. They do […]

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