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AI Collaborative Research Institute Launched

AI Collaborative Research Institute Launched A trio of companies is launching a new research institute whose intended purpose is to strengthen privacy and trust for decentralized artificial intelligence (AI).  The Private AI Collaborative Research Institute, originally established by Intel's University Research & Collaboration Office...

Smart Sex Toy Sales Surge Poses Security Risk

Smart Sex Toy Sales Surge Poses Security RiskA cybersecurity company has urged the rising number of smart sex toy owners to think about protection. Sales of internet-connected sex toys, also known as teledildonics, have increased since lockdown measures were introduced to slow the spread of COVID-19.  In March alone, sex toy revenue...

Tech CEO Pleads Guilty to Investment Fraud

Tech CEO Pleads Guilty to Investment Fraud The former chief executive officer of a technology startup based in Virginia has admitted conning investors out of millions of dollars.  Danny Boice pleaded guilty yesterday to one count of securities fraud and one count of wire fraud before senior United States district judge T.S. Ellis III of the...

Ransomware Set for Evolution in Attack Capabilities in 2021

Ransomware Set for Evolution in Attack Capabilities in 2021Ransomware is set to evolve into a greater threat in 2021 as service offerings and collaborations increase. Speaking on a webinar this week, Carbon Black’s Tom Kellermann, Greg Foss and Rick McElroy said the year turned out “different than predicted” and the shift to working from...

#WebSummit: Nick Clegg Claims Internet Needs Accountability, Not Rules

#WebSummit: Nick Clegg Claims Internet Needs Accountability, Not RulesSpeaking as part of the online Web Summit in conversation with John Micklethwait, editor-in-chief of Bloomberg News, former deputy Prime Minister and leader of the Liberal Democrats Nick Clegg said there is a concern where technology is blamed for everything from the results of elections...

NCSC Warns of Multimillion Pound Christmas Fraud Bonanza

NCSC Warns of Multimillion Pound Christmas Fraud BonanzaThe UK’s National Cyber Security Centre (NCSC) is urging Christmas shoppers to exercise caution online this holiday season. The GCHQ offshoot rolled out its updated Cyber Aware campaign today alongside the Home Office, the Cabinet Office and the Department for Digital, Culture, Media and Sport...

ACLU Sues Government Over Secret Purchasing of GPS Data

ACLU Sues Government Over Secret Purchasing of GPS Data A rights group is suing the US government over what it claims to be the latter’s secret purchasing of mobile phone location data to track individuals. The GPS data used by many apps is regularly sold to other companies for marketing and other purposes. However, the American Civil Liberties...

Aerospace Giant Embraer Downed by Suspected Ransomware

Aerospace Giant Embraer Downed by Suspected RansomwareBrazilian aerospace giant Embraer has revealed it suffered a data breach last week, although local reports suggest ransomware was involved. The aircraft-maker, the world’s third largest after Boeing and Airbus, claimed in a brief statement on Monday that it suffered a cyber-attack resulting...

Universities Attacked by Phishing Campaign

Universities Attacked by Phishing CampaignUniversities and colleges around the world are being targeted by a new phishing campaign, according to fresh research published by RiskIQ. Among the educational establishments to be hit by the Shadow Academy campaign are Louisiana State University (LSU) in the United States and Oxford, Brighton, and...

Bank Employee Sells Personal Data of 200,000 Clients

Bank Employee Sells Personal Data of 200,000 ClientsSouth Africa–based financial services group Absa has stated that one of its employees sold the personal information of 200,000 clients to third parties. The group confirmed on Wednesday that the illegal activity had occurred and that 2% of Absa's retail customer base had been impacted.  ...

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