Yahoo agreed to take a $350m cut on the original $4.8bn sale of its core business to Verizon, becoming one of the first major US companies to revise deal terms because of a cyber attack. Verizon, the US telecoms company, will now pay the California-based internet company $4.5bn, Yahoo said on Tuesday, ending months of uncertainty about the future of the deal first agreed in July last year. […]
The Brazilian government is taking the first steps towards the development of a national information security policy for the public sector. According to an official note published by the Institutional Security Cabinet of the federal government on Friday (17), a working group has been created to debate the topic and the creation of standard security guidelines for governmental bodies. special feature Cyberwar and the Future of Cybersecurity […]
special feature Harnessing IoT in the Enterprise The tech revolution is spreading to every corner of the earth with the Internet of Things, and it’s enabling data analytics and automation in ways never before imagined in business. Depending on whose numbers turn out to be right, there will be somewhere between 20 and 200 billion “things” connected to the internet by 2020. We all know about the […]
Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. Imagine the reporters who must cover daily a bombastic New Yorker who has inherited a fortune, exudes a sense of entitlement, disdains much of the press, trafficks in half-truths, has overseen properties in huge disrepair, routinely overrules underlings, disdains public […]
Recorded Future A hacker has compromised at least 60 universities and US government organizations, utilzing SQL injections as his weapon of choice. Rasputin, believed to be a Russian hacker, is most well-known for the December 2016 attack against the US Electoral Assistance Commission through an unpatched SQL injection (SQLi) vulnerability. At the time, the hacker offered to sell access to the system to a Middle Eastern broker, […]
By David Shepardson and Jessica Toonkel Verizon Communications Inc (VZ.N) is close to a revised deal to buy Yahoo Inc’s (YHOO.O) core internet business for $250 million to $350 million less than the original agreed price of $4.83 billion, according to a source briefed on the matter. Since last year, Verizon had been trying to persuade Yahoo to amend the terms of the acquisition agreement to reflect […]
Wikimedia Commons The US Food and Drug Administration (FDA) has been called a “toothless dragon” in the past when it comes to medical device security, but one security expert believes the FDA is only one of many impotent agencies that need to get their act together. The security of our medical devices, including pacemakers, embedded cardiac devices, and insulin pumps have come under scrutiny as of late. […]
The government is struggling to protect the UK from cyberattacks, say MPs. Image: iStock An inconsistent, dysfunctional and chaotic response to cybersecurity by the British government is causing concerns about its ability to protect the country from cyberattacks and hackers, MPs have warned. The damning indictment is set out in a by the Public Accounts Committee (PAC) report into protecting information across government, which comes as defence […]
As an expectant crowd of couples, families, retirees and grizzled world trekkers wait to board our Antarctic-bound ship, the mood is overwhelmingly one of anticipation. Talk is of when the first orca or iceberg will be sighted, and trepidation at the state of the Drake Passage, the notoriously rough sea that sits between us and the pristine ice of Antarctica. As we leave the docks of the […]
(Image: file photo) “No industry, organization size or geographic location, is immune to a data breach.” That’s the bottom line to Risk Based Security’s recently published end-of-year data breach report, which concluded that over four billion records had been stolen during 2016. The report confirmed that three companies accounted for half of the records stolen in breaches reported last year. Yahoo saw over 1.5 billion records stolen […]
“Singapore companies are confident of their ability to detect a sophisticated cyber attack,” read an enthusiastic press release earlier this month. “80 percent of the Singapore respondents share that sentiment, surpassing the global average of 50 percent.” On face value, that sounds like a big thumbs-up for doing business in Singapore. But let’s dig down into this. First, though, some background. The press release was from the […]
Careful not to make the same mistake that other companies have committed amid recent hacking trends, Facebook has introduced a new security feature to protect its users from unauthorized access to their accounts. This involves a security key that serves as the second factor to the Facebook login process. The overall concept is similar to the two-factor authentication method offered by email services such as Gmail. It is […]
ISTANBUL Turkey’s foreign ministry said Greece was protecting coup plotters and failing in the fight against terrorism after the Greek Supreme Court ruled on Thursday against the extradition of eight Turkish soldiers wanted over an attempted putsch. The Greek ruling appears politically motivated, is against international law, and breaches the rights of the victims of the July 15 coup attempt, the Turkish foreign ministry said in a […]
Wednesday 14:35 GMT Overview Major global stock markets are rallying as the Dow Jones Industrial Average breaches 20,000 amid revived hopes for faster US growth. Benchmark sovereign bonds yields are rising, but oil and gold prices are moving lower despite a weaker dollar. Hot topic The “Trump trade” is back on and it has the Dow through 20,000 for the first time? The average, though a price-weighted […]
Trading on Wall Street was dominated by earnings announcements from blue-chip companies on Tuesday, while big carmakers rose off the back of a meeting with President Donald Trump. Results from the likes of DuPont, Verizon and Lockheed Martin pushed the broad market slightly higher. The Dow Jones Industrial Average was up 0.6 per cent to 19,912, while the S&P 500 gained 0.7 per cent to 2,280. The […]
Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. A fashionista friend in the White House press corps answered this lingering question after Sean Spicer’s much-anticipated first briefing: What exactly was the glaring color of that jacket worn by Kellyanne Conway? “Tomato?” she guessed. Well, it was especially vivid […]
Yahoo will be probed by the United States Securities and Exchange Commission (SEC), it has been reported, with authorities expected to investigate whether the company should have disclosed its two data breaches sooner to investors. According to The Wall Street Journal, the SEC investigation is still in its early stages, and is expected to look into whether Yahoo’s disclosures about the data breaches complied with civil securities […]
Mozilla argues that the internet’s decentralized design is under threat by a few key players, including Google, Facebook, Apple, Tencent, Alibaba and Amazon, monopolizing messaging, commerce, and search. Image: Google Much of the internet is in a perilous state, and we, its citizens, all need to help save it, says Mark Surman, executive director of Firefox maker the Mozilla Foundation. We may be in awe of the […]
When it comes to the future of bitcoin, the “holy grail” has emerged as becoming the first to have a bitcoin ETF approved by the SEC. Over three years ago, in 2013, the company of the Winklevoss twins, Cameron and Tyler, Winklevoss Capital Management LLC, launched the first proposed bitcoin ETF, the Winklevoss Investment Trust, looking to trade on the HFT-dominated BATS exchange. The SEC is expected […]
While Turkey’s government later said that Mr. Simsek’s remarks had been misconstrued, it was clear that he had said a settlement without Mr. Assad would be “not, you know, realistic.” Continue reading the main story Both developments came as Russia, Turkey and Iran prepared to convene Syrian peace talks in Astana, the capital of Kazakhstan, beginning on Monday. For the first time, it looked likely that the […]
The Panama Papers committee of the European Parliament wants to speak to Nationalist MPs Tonio Fenech and Beppe Fenech Adami, the Times of Malta has learnt. Although widely known as the Panama Papers committee, it has a wider remit, which includes investigating alleged breaches of money- laundering, tax-avoidance and tax-evasion rules across the EU. The committee will pay a fact-finding visit to Malta next month. Last year, […]
In PwC’s 20th annual survey of CEOs worldwide, 38% (2016:35%) are very confident about their company’s growth prospects in the next 12 months while 29% (2016:27%) believe global economic growth will pick up in 2017 In PwC’s 20th annual survey of CEOs worldwide, 38% (2016:35%) are very confident about their company’s growth prospects in the next 12 months while 29% (2016:27%) believe global economic growth will pick […]
OTTAWA Canada’s ethics watchdog is investigating Justin Trudeau for potential breaches related to his recent holiday on an island owned by the Aga Khan, the first time a prime minister has faced such scrutiny, media reported on Monday. Trudeau has been confronted with repeated questions from the opposition about his vacation in the Bahamas over the New Year’s holiday and said last week that he had flown […]
PARIS A judicial investigation into diesel emissions testing in France could widen beyond Renault after tests showed other carmakers had exceeded the authorized levels, the French environment minister said on Sunday, without elaborating. Shares in Renault fell more than 4 percent to their lowest level in around a month on Friday after a source at the Paris prosecutor’s office said it had launched a judicial probe into […]
