Articles about Credit

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Axel Springer boss defends Facebook in fake news controversy

One of Silicon Valley’s harshest and most powerful critics has leapt to its defence over the “fake news” controversy. Mathias Döpfner, CEO of the German giant publishing group Axel Springer, says Facebook must retain the liability privileges it enjoys as an internet platform - rather than be reclassified as a publisher. …
Andrew Orlowski, 02 Dec 2016
Passenger in back of cab using smartphone app/cab app. Photo by Shutterstock

EU court to determine how Uber's business should be defined

The EU's highest court has begun hearing arguments on how Uber's business should be legally defined in a case that could have widespread implications for other businesses, an expert has said. The Court of Justice of the EU (CJEU) has been asked to rule on whether Uber is a transport service provider, information society …
OUT-LAW.COM, 02 Dec 2016

Soon only Ticketmaster will rip you off: Concert scalper bots face US ban

The US Senate has unanimously passed a bill that will make it illegal to grab large quantities of online tickets with an automated bot. The Better Online Ticket Sales (BOTS) Act prohibits both circumventing website controls that try to impose purchase limits and the sale of a ticket if it has been obtained through such a …
Kieren McCarthy, 01 Dec 2016

Really weird quantum phenomenon spied lurking near neutron star

Pic A neutron star may have led astronomers to find signs of a strange quantum phenomenon in vacuum space that was predicted more than eighty years ago. In quantum electrodynamics (QED), space isn’t really empty. Virtual particle and antiparticle pairs continually pop up and disappear. In the presence of very strong magnetic …
Katyanna Quach, 01 Dec 2016

UCam247 tells El Reg most of its cams aren't vulnerable to GET vuln

IoT security camera vendor UCam247 has contacted The Register to say most devices in the wild aren't vulnerable to the “single URL pwnage” vulnerability. Yesterday, we reported that more than 30 cameras from seven vendors had shipped with a modified GoAhead Web server. Among other things, the modification introduced a simple- …
Bank vault

'Tesco Bank's major vulnerability is its ownership by Tesco,' claims ex-employee

A former techie at the UK's Tesco Bank reckons the recent high-profile breach may be down to security shortcomings at the bank's parent supermarket. Earlier this month Tesco Bank admitted that an estimated £2.5m had been stolen from 9,000 customer accounts in the biggest cyber-heist of its kind to affect a UK bank. The …
John Leyden, 30 Nov 2016

Banks' bid to board iPhones' NFC chips rebuffed

The four Australian banks attempting to use iPhones' near-field communications chips for their own payment services, and not Apple Pay, have all-but failed. Australia's Commonwealth Bank, National Australia Bank and Westpac together control about 70 per cent of the nation's credit card market. Together with minnow The Bendigo …
Simon Sharwood, 30 Nov 2016

Phishing tackle ships data catch to net sharks

A malware writer is running YouTube ads for a phishing tool they have secretly backdoored to steal victims' information. The phishing platform is designed to trick victims into entering their Amazon account information into a passable replica of the legitimate website under the guise of a validation check. It requires victims …
Team Register, 28 Nov 2016

Men overboard! US Navy spills data on 134k sailors

The United States Navy has revealed that the names and social security numbers on 134,386 current and former employees has leaked, thanks to the compromise of a laptop used by a Hewlett Packard Enterprise Services staffer. The IT contractor and the Naval Criminal Investigative Service probed the data loss finding that "unknown …
Team Register, 24 Nov 2016

Deliver-oops! Takeaway pusher's customers burger-ed by hijackers

Customers of online takeaway firm Deliveroo are getting their accounts hijacked and charged for food they never ordered, according to an investigation by BBC One's Watchdog. Investigators from the campaigning TV consumer affairs programme uncovered evidence that scores of customers of the newly be-logo-ed Deliveroo are being …
John Leyden, 23 Nov 2016

2016. AI boffins picked a hell of a year to train a neural net by making it watch the news

LipNet, the lipreading network developed by researchers at the University of Oxford and DeepMind, can now lipread from TV shows better than professional lipreaders. The first LipNet paper, which is currently under review for International Conference on Learning Representations – ICLR 2017, a machine learning conference, was …
Katyanna Quach, 23 Nov 2016
image by Alexander_P http://www.shutterstock.com/gallery-493324p1.html

Credit cards ripped from Madison Square Garden venues in year-long op

Carders have spent a year stealing an unknown number of credit card numbers from iconic New York City entertainment venue operator Madison Square Garden, after breaching payment card processing systems. Madison Square Garden disclosed the breach and said it only impacted customers who paid for food, drink or merchandise in …
Darren Pauli, 23 Nov 2016
German Chancellor Angela Merkel at a press conference. Credit: 360b / Shutterstock.com Release Information: Editorial Use Only.

Merkel calls for balanced approach to data protection

EU countries must not be too restrictive in how they apply EU data protection laws or risk damaging the development of big data projects, German chancellor Angela Merkel has said. Germany has traditionally been cautious over data collection, but if countries are too restrictive then "big data management will not be possible", …
OUT-LAW.COM, 22 Nov 2016
gun

Microsoft plans St Valentine's Day massacre for SHA‑1

The death knell for the SHA‑1 cryptographic hash function will echo around the web now that all the main browser builders have decided to cut off support – only 12 years after its flaws were first discovered. On Friday, Mozilla and Microsoft both announced that support for SHA‑1 in HTTPS certificates would be dropped – Moz …
Iain Thomson, 21 Nov 2016

Facebook to hire 500 more in Blighty

Facebook is to hire 500 staff in London, European head Nicola Mendelsohn has said today. Speaking at an event by the Confederation of British Industry, Mendelsohn said the ad platform will have 1,500 people on payroll in the capital next year. She said: "We have 1,000 people working in our offices in London, but we're going …
Kat Hall, 21 Nov 2016

Symantec doubles down on consumer security by buying LifeLock

Symantec has bought identity theft protection firm LifeLock for $2.3bn. The deal, announced Sunday, represents a brave bid by Symantec to shore up a consumer security business eroded by dwindling anti-virus sales. Selling Norton consumer security alongside identity protection and remediation services from LifeLock will enable …
John Leyden, 21 Nov 2016
Three store maidenhead

Three CEO confirms hack, 133,827 customers were exposed

The CEO of UK carrier Three Mobile has confirmed that a customer database was compromised by hackers and more than 130,000 customers have had their account data exposed. David Dyson says that the hackers, believed to be two men from Kent and Manchester, had indeed accessed the customer directory and used the information – …
Shaun Nichols, 18 Nov 2016
Screenshot of fake news item falsely claiming that the Pope had endorsed Donald Trump for the US presidency. SOURCE: screengrab from Pinterest

Facebook Fake News won it for Trump? That's a Zombie theory

Comment Facts all come with points of view Facts don't do what I want them to Talking Heads The internet is filled with things that aren’t true, the world discovered this week. Gosh. Who would have thought it? The platforms’ propagation of bogus “news” is the latest "blame anyone except us" theory to account for the election of …
Andrew Orlowski, 18 Nov 2016
An upset woman with an empty wallet

Customer data security is our highest priori- ha ha ha whatever, suckers

Something for the Weekend, Sir? I would like it to be known that mine is bigger than yours. And yours is bigger than everyone else's. Only losers waste their time with small. We do big. The IT industry is notably keen on letting us know that everything they do is big, especially when it comes to data security breaches. Cyber-attacks on individuals are never …
Alistair Dabbs, 18 Nov 2016
Melbourne, Australia -May 19, 2016: Blue and white Police tape cordoning off a building site like a crime scene, Australia 2016. Editorial Credit: STRINGER Image / Shutterstock.com   Editorial Use Only.

The case for a police-civilian cyber super-agency in Australia

Opinion The Australian Federal Government is wasting millions of dollars on redundant cyber-capabilities. It should scupper its competing agencies and strip powers from others, and hand the lot to a resuscitated Australian High Tech Crime Center police-civilian super-agency that would be distributed across Australian capital cities. …
Mark Arena, 17 Nov 2016
P_threesome

WDLabs goes Pi-eyed and sees triple

WDLabs has introduced a Raspberry Pi storage subsystem with three drive products and multiple OS project spaces. The Brit-designed, credit card-sized computer is hot stuff – some ten million have been sold since the first generation's release in 2012. WD's PiDrive Foundation Edition products combine microSD card and USB drive …
Chris Mellor, 17 Nov 2016
 Donald Trump . Editorial use only. Editorial Credit: a katz / Shutterstock.com

'Post-truth' beats 'chatbot' to Word of the Year Crown

Oxford Dictionaries has declared “post-truth” is the Word of the Year for 2016. The word wizards say the adjective can be defined as “relating to or denoting circumstances in which objective facts are less influential in shaping public opinion than appeals to emotion and personal belief”. “Post-truth” scored the prize because …
Simon Sharwood, 17 Nov 2016

Google's neural network learns to translate languages it hasn't been trained on

The gap between human and machine translators could be narrowing as researchers find a new way to improve the learning capabilities of Google Translate’s neural network. On the same day that Google announced its translation services were now operating with its Neural Machine Translation (NMT) system, a team of researchers …
Katyanna Quach, 17 Nov 2016
Blackmail

New Ransoc extortionists hunt for actual child abuse material

Hackers have unleashed a strain of scammer that activates on compromised computers when it encounters filenames containing strings that have been associated with child abuse clips and images. Ransoc kicks in when it finds potential "evidence" of child abuse material or media files downloaded via torrents on the targeted …
John Leyden, 16 Nov 2016

Analysts apply Occam's razor to Tesco Bank breach

Analysis Security analysts have narrowed down the range of possible explanations for the Tesco Bank breach. Earlier this month Tesco Bank admitted that an estimated £2.5m had been looted from 9,000 accounts. Initially it was feared that money had been taken from 20,000 accounts, but this figure was revised a few days after the breach …
John Leyden, 16 Nov 2016

NASA discovers mysterious super-fast electrons whizzing above Earth

Electrons are being whipped to speeds close to the speed of light just outside the Earth’s magnetic field, and scientists aren’t sure why. NASA’s Time History of Events and Macroscale Interactions during Substorms (THEMIS) mission has discovered these extremely fast particles farther from Earth than previously thought possible …
Katyanna Quach, 16 Nov 2016
sale

Facebook agrees to dial back 'racial affinity' ads

Facebook says it will stop allowing advertisers to set display-by-race preferences for certain types of ads. The House of Zuck said in a Friday blog post that it would not remove its "racial affinity" preference outright, but would "build tools to detect and automatically disable" the preference in ads for housing, job …
Shaun Nichols, 11 Nov 2016
 Donald Trump . Editorial use only. Editorial Credit: a katz / Shutterstock.com

Trumped? Nope. Ireland to retain corporate tax advantage over the US

Despite plans by president-elect Donald Trump to repatriate American multinationals' funds, Ireland's corporate tax advantage over the US is likely to persist. According to Stephen Moore, a senior economic advisor to Trump, Ireland will retain its corporate tax advantage over the United States, reported The Irish Times. In an …
Batman. Credit: DC Comics.

Google Pixel pwned in 60 seconds

Power of Community The Google Pixel fell to a team of Chinese hackers alongside Apple Safari and Adobe Flash at the PwnFest hacking competition in Seoul on Friday. Mountain View's latest offering was smashed by white-hat friendlies from Qihoo 360, who used an undisclosed vulnerability to gain remote code execution for $120,000 cash prize. The …
Darren Pauli, 11 Nov 2016
Darin Fisher at the Chrome Dev Summit

Google's crusade to make mobile web apps less, well, horrible

Chrome Dev Summit At SFJazz – the first freestanding jazz arts center in the US – on Thursday in San Francisco, Google riffed on the virtues of Progressive Web Apps as a vehicle for efficient and engaging content delivery. "Our mission is to move the web platform forward," said Darin Fisher, VP of Chrome engineering, at the Chrome Developers …
Thomas Claburn, 11 Nov 2016
Samsung Town, Seoul

How could things get worse for Samsung? Glad you asked

Police in South Korea have raided the corporate offices of Samsung in connection with a high-profile government corruption probe. The Korea Times reports that police conducted the search on Tuesday at Samsung's headquarters on the suspicion that executives at the company were involved with illegal payments to foundations run …
Shaun Nichols, 09 Nov 2016

Is that you, HAL? AI can now see secrets through lipreading – kinda

AI surveillance could be about to get a lot more advanced, as researchers move on from using neural networks for facial recognition to lipreading. A paper submitted by researchers from the University of Oxford, Google DeepMind and the Canadian Institute for Advanced Research is under review for ICLR 2017 (Conference on …
Katyanna Quach, 08 Nov 2016

Web security still outstandingly mediocre, experts report

Black Hat EU Cross-site scripting (XSS) vulnerabilities continue to dominate the list of most common vulnerabilities found in real-world tests. In more than a third (37 per cent) of cases, a website vulnerable to XSS is also vulnerable to a more critical flaw such as SQL injection or improper access control, according to web security …
John Leyden, 07 Nov 2016

Anti-ultrasound tech aims to foil the dog-whistle marketeers

Black Hat EU Marketeers are coming up with ways to invade our privacy in the interests of serving us ads in a way that goes far beyond the dire predictions of films such as Minority Report. Security researchers are already thinking about countermeasures. Cross-device tracking (XDT) technologies allow marketeers to track the user's visited …
John Leyden, 04 Nov 2016
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini

CSC shows first growth in two years... after ploughing half a billion into takeovers

Sales at outsourcing and integrator basket case CSC are growing again – all it took was hundreds of millions of pounds worth of acquisitions. The New York Stock Exchange-listed outfit reported revenue of $1.87bn for the three months ending 30 September – its Q2 of fiscal 2017. This was up 7.16 per cent on a year ago and the …
Paul Kunert, 04 Nov 2016

Accessories to crime: Facial recog defeated by wacky paper glasses

Researchers armed with some nifty algorithms and a set of paper glasses frames have found a way to trick facial recognition systems. Users can either evade being recognized – or more interestingly, impersonate another individual – with up to at least 80 per cent success rate, the researchers from Carnegie Mellon University and …
Katyanna Quach, 03 Nov 2016
UK pound crashes after Brexit

ESMA urges companies to disclose potential Brexit impact

Listed companies should disclose the potential impact of Brexit in their financial statements, the European Securities and Markets Authority (ESMA) has said. In its annual statement on European common enforcement priorities, which identifies enforcement priorities for listed companies’ financial statements, ESMA "urges issuers …
OUT-LAW.COM, 02 Nov 2016
Ford Dearborn HQ

Ford slams brakes on sales spreadsheets after fire menaces data center

Ford is working to recover after a fire at its US corporate headquarters briefly shut down data center operations and prevented it from gathering sales data. The automotive giant said that the Monday fire, which broke out at a power sub-station beneath the building, caused a full evacuation of its headquarters in Dearborn, MI …
Shaun Nichols, 01 Nov 2016
The first X-51A and its booster rocket mounted ready for release from B-52 mothership. Credit: USAF

Hypersonic cruise missile scores US$175m DARPA cash

Raytheon has scored nearly US$175 million to work on DARPA's ongoing research into hypersonics. This time, it's not about a hypersonic plane: the program that got its contract announcement on the United States Federal Business Opportunities register today is for a hypersonic weapons system. HAWC – the Hypersonic Air-breathing …
editorial only image of Whitehall. Pic Daniel Gale/Shutterstock

C'mon, it's the current year! Report finds UK gov could save £2bn by modernising IT

The UK government could save £2bn by 2020 by overhauling its clunky technology and legacy contracts and shifting citizens to digital services, according to the Institute for Government. The independent charity's report claims that savings through digital have so far been minimal. Far more could be saved with a proper focus on …
Kat Hall, 31 Oct 2016
GNU logo

WordPress daddy Matt Mullenweg says Wix.com 'explicitly contravenes the GPL'

WordPress daddy Matt Mullenweg says the editor offered by drag-and-drop website-builder Wix.com “explicitly contravenes the GPL” (GNU General Public License) and “is built with stolen code, so your whole app is now in violation of the license.” Mullenweg made that accusation, and plenty more, in a post that accuses Wix of …
Simon Sharwood, 31 Oct 2016
image by Leonardo Gonzalez http://www.shutterstock.com/gallery-650461p1.html

Obey Google, web-masters, or it will say you can't be trusted

Criminals are about to lose a reliable attack vector for malware infection and phishing, thanks to Google's Certificate Transparency initiative that will force websites to enforce proper certificate security within a year. Stolen and mis-issued SSL certificates allow attackers to spin up malicious sites that pass browser …
Darren Pauli, 31 Oct 2016
Mr Robot: Credit USA Network

DMCA updated – toaster penetration testing gets green light in America

A year late, the US Librarian of Congress on Friday published an updated list of exemptions to the Digital Millennium Copyright Act's prohibition on circumventing digital access controls. These exemptions to Section 1201 of the DMCA describe the circumstances under which – until the rules get revisited in two years time – …
Thomas Claburn, 28 Oct 2016

Cynical Apple gouges UK with 20 per cent price hike

Apple has taken advantage of a more competitive sterling exchange rate to hike its computer prices – by far more than sterling fell. Cupertino raised some UK prices by as much as £500. Apple had already raised the prices of its iPhone, iPad and Apple Watch products. Sterling has fallen some 15 per cent from its 1H 2016 …
Andrew Orlowski, 28 Oct 2016
Bitcoin, photo via Shutterstock

Bitcoin exchange boss going down for washing ransomware cash

A Florida ex-school board member has pled guilty to making a false statement in relation to the running of an illegal bitcoin exchange. The FBI says Anthony Murgio and Yuri Lebedev ran Coin.mx as an unlicensed currency exchange, cloaking transactions including facilitating ransomware payouts as "collectable memorabilia" and …
Darren Pauli, 28 Oct 2016

BlackBerry design boss tells El Reg: 'We're not getting out of phones'

Analysis The more BlackBerry explains its phone strategy, the more people insist there will never be another BlackBerry. Which must be annoying. Headlines a month ago that the company had “hung up on its handset business” were only half right. Executives reaffirmed to us this week that they expect to see more BlackBerry phones rather …
Andrew Orlowski, 26 Oct 2016
Doctors run to save patient. Photo by Shutterstock

Cyber-crooks menacing hospitals are put under the microscope

Cybercriminals are spreading into the healthcare sector even though the price per stolen medical record remains lower than for comparable financial account crime. From hospitals becoming victims of hacking attacks to Olympic champions getting their health records leaked by hackers, the health sector has become a major target …
John Leyden, 26 Oct 2016
Bob_Hammer

Hammer hopes to nail software-defined future for Commvault

Commvault has software-defined storage and business process automation in its future, as it announces a $600,000 net loss on revenues of $156.3m in its latest quarter. The firm is hoping this sets it up for a sustained turnaround. This was the second quarter in its fiscal 2017, and it ended on September 30. The revenues were …
Chris Mellor, 26 Oct 2016
James Clapper

'Non-state actors*' likely to blame for Dyn mega-attack – US intel chief

A senior US intelligence chief has said that "non-state actors" – bored kids or crooks* – are likely behind the high-profile attack on DNS provider Dyn last week. A massive DDoS attack against Dyn resulted in multiple high-profile websites – including Twitter, Amazon and Netflix – to be unavailable last Friday. US director of …
John Leyden, 26 Oct 2016
shutterstock_mobile_wtf

Vodafone rapped with RECORD £4.6m fine for failing customers

Vodafone has been fined £4.6m for failing customers for mis-selling to customers, inaccurate billing and poor complaints handling. The regulator Ofcom imposed the fine today following two investigations into the business which began in June last year. Vodafone said the issues were due to errors "during a complex IT migration …
Kat Hall, 26 Oct 2016