A reported data breach affecting retailers using Oracle’s Micros point-of-sale systems could be linked to a Russian hacking group that stole up to $1 billion from banks in 2014. The attack on Oracle’s computer systems and Micros customer portal first came to light on July 25, according to IT security writer Brian Krebs. That’s when a Micros customer contacted the KrebsOnSecurity blog to report “a potentially large […]
|By Arabian Post Staff| Uzbekistan’s banking system recently received Moody’s endorsement when the agency acknowledged that the country’s banks continue to benefit from a growing economy with well-diversified export revenues. “As a result, banks in Uzbekistan are somewhat shielded from the volatility characteristic of some other countries in CIS,” Olga Ulyanova, a Vice President – Senior Analyst at Moody’s, said in a report. The International Monetary Fund […]
A man uses a mobile phone in front of an advertisement board bearing the image of Pokemon Go at an electronic shop in Tokyo, Japan, July 27, 2016. Reuters/Kim Kyung-Hoon/File Photo SAN FRANCISCO Top video game companies, caught off-guard by the runaway success of Pokemon Go, are wrestling with how to play catch-up to the augmented reality app that has become a worldwide phenomenon. Nearly a dozen […]
A magnifying glass is held in front of a computer screen in this picture illustration taken in Berlin May 21, 2013. Reuters/Pawel Kopczynski/Illustration/File Photo SYDNEY Australia has set up a cyber-intelligence unit to identify terrorism financing, money laundering and financial fraud online, the government said on Tuesday, because of “unprecedented” threats to national security. The measure expands on a major platform of conservative Prime Minister Malcolm Turnbull, […]
INTERNATIONAL. Wealth-X today released key highlights from its 2015-2016 Billionaire Census revealing a record number of billionaires, globally. The third edition of this preeminent report indicates that there are 2,473 total billionaires in the world, representing a combined wealth of US$7.7 trillion. These figures illustrate a 6.4% and 5.4% increase since 2014, respectively. Driven by Wealth-X’s unparalleled collection of hand curated dossiers on the ultra high net […]
UAE. The limited stock of affordable options in Dubai has caused for the neighboring emirates to act like satellite cities. Around 1.1 million people who work in Dubai are residents of another emirate (30% of the active population), as they try to take advantage of the cheaper rates. Rates in other emirates such as Sharjah, Ras Al Khaimah, and Ajman are 30-40% cheaper than the affordable options […]
ABU DHABI // A pilot scheme to allow Filipinos working overseas to apply for an exit clearance each time they return home on holiday is to begin next month, officials announced on Monday. Those returning to the same employer and job site and listed on the electronic data base of the Philippine overseas employment administration (Poea) will no longer be required to secure an overseas employment certificate, […]
DUBAI // An American television network has been criticised by UAE residents after one of its anchors cited a report that Gems schools, based in Dubai, funded jihad. The comments, aired on a Fox Business Network show hosted by British-American Stuart Varney, were taken from a report from US political website The Daily Caller. Fox reiterated that the views were not that of the channel but of […]
TOKYO Nick Johnson, who claims to be the first person to capture all 145 creatures now available in the “Pokemon Go” mobile gaming phenomenon, says he is not ready to put away his smartphone just yet and hopes for new features. The 28-year-old tech employee from Brooklyn, New York, who refers to himself as the “world-first Pokemon Go master” on his Twitter account, announced last week he […]
Software security firm Symantec has identified a group called Strider that’s aiming spying-related malware at individuals and organizations in Belgium, China, Russia and Sweden. Apparently active since at least late 2011, Strider has kept a low profile and could be a nation-state attacker, Symantec said. Strider uses “stealthy,” hard-to-detect malware called Remsec that provides backdoor access to infected computers for stealing data, logging keystrokes and other actions, […]
When Shahram Amiri emerged from the shadows into the spotlight six years ago, he was a young Iranian scientist who suddenly appeared on YouTube from a safe house, telling a bizarre story of having been kidnapped by the Central Intelligence Agency. Then, in another video that quickly followed, his story changed: He had come to the United States voluntarily to study, but desperately missed his son back […]
INTERNATIONAL. EY announces the launch of its Commercial Analytics Services Hub (EY CASH). This cloud-based analytics platform helps consumer products and retail (CPR) companies accelerate growth by predicting consumer choice to inform key decisions. EY CASH combines the professional services organization’s sector experience with the flexibility, scalability and enhanced security of the Microsoft Azure cloud and Cortana Intelligence. With 73% of CPR companies finding profitable growth far […]
UAE. [ME NewsWire] –The latest Global Economic Conditions Survey (GECS) from ACCA and IMA, suggested positive signs for businesses in the GCC but a stark forewarning of how the shock of Brexit will hit a fragile recovery in global business confidence. Responding to the findings, Lindsay Degouve de Nuncques, head of ACCA Middle East said: “It is encouraging to see that our members’ business confidence has improved […]
WASHINGTON — The Syrian military was foundering last year, with thousands of rebel fighters pushing into areas of the country long considered to be government strongholds. The rebel offensive was aided by powerful tank-destroying missiles supplied by the Central Intelligence Agency and Saudi Arabia. Intelligence assessments circulated in Washington that the Syrian president, Bashar al-Assad, was losing his grip on power. But then the Russians arrived, bludgeoning […]
CAIRO — More than three months of peace talks to end the war in Yemen came to a halt Saturday, leaving in doubt the future of a shaky cease-fire and threatening to deepen what has a become one of the world’s worst humanitarian crises. The United Nations’ special envoy on Yemen, Ismail Ould Cheikh Ahmed, announced the suspension on Saturday in Kuwait, where the talks were being […]
Quantum computing remains mysterious and elusive to many, but USC Viterbi School of Engineering researchers might have taken us one step closer to bring such super-powered devices to practical reality. The USC Viterbi School of Engineering and Information Sciences Institute is home to the USC-Lockheed Martin Quantum Computing Center (QCC), a super-cooled, magnetically shielded facility specially built to house the first commercially available quantum optimization processors — […]
YANGJU, South Korea — Surrounded by salvaged used-cars parts bound for Syria, Ahmad Khalifa has worked 12 hours a day for three years in one country that does not really want him while longing for another that war has destroyed. In junkyards in South Korean towns like Yangju, north of Seoul, there are hundreds of young Syrian men like Mr. Khalifa, who often worked, ate and slept […]
A security guard stands guard outside a branch of Rizal Commercial Banking Corporation (RCBC) in Paranaque city, Metro Manila, Philippines August 2, 2016. Reuters/Erik De Castro MANILA A Bangladesh central bank team visiting Manila to recover $81 million stolen from its account in New York said it was close to getting back $15 million of the loot frozen by the Philippines, but first has to prove ownership […]
A security guard stands beside a logo of the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) posted at the main gate in Manila, Philippines April 28, 2016. Reuters/Romeo Ranoco/File Photo MANILA The Philippine central bank said on Friday it would fine Rizal Commercial Banking Corp (RCB.PS) (RCBC) a record 1 billion pesos ($21 million), after the bank was used by cyber criminals to channel $81 […]
The Chicago Beach Hotel, Hard Rock Café and Jumeirah TV Tower are famous Dubai landmarks that disappeared years ago. Next to be added to the list: the Ramada Dubai. The hotel is another link to an old Dubai receding into memory at a rapid rate. When the four-star Ramada opened in Bur Dubai in 1983, it was mostly surrounded by desert. Today, more than three decades on, […]
LAS VEGAS Apple Inc (AAPL.O) said it plans to offer rewards of up to $200,000 (£152,433) to researchers who find critical security bugs in its products, joining dozens of firms that already offer payments for help uncovering flaws in their products. The maker of iPhones and iPads provided Reuters with details of the plan, which includes some of the biggest bounties offered to date, ahead of unveiling […]
Former Federal Reserve Chairman Alan Greenspan suggested that oil prices have probably bottomed out at about $40 per barrel after tumbling more than 20 percent in the past two months into a bear market. “It’s hard for me to imagine it going very much lower, but it could,” he said Wednesday, according to the transcript of a conference call organized by Rock Creek Group, an investment advisory […]
Nobody likes managing passwords — remembering, maintaining and regularly changing them is a chore that most computer users avoid. Now, Canadian software developer AgileBits is aiming to make that chore easier — or at least cheaper. AgileBits’ 1Password password manager now has a new subscription plan for individuals. AgileBits’ family and team password management platforms have been successful, so now it has introduced a service that’s aimed […]
Online business software provider Zoho has come out with new offerings for multichannel commmunication and marketing-focused email management. The tools are designed to help companies build better relationships with customers who communicate with them in a wide variety of ways. Released last week, the latest version of Zoho’s software for customer relationship management (CRM) features what the company said is the first email client designed specifically for […]
