15 May 2015

China imposes smartwatch and wearable tech army ban

“China has forbidden its armed forces from wearing internet-connected wearable tech, according to reports. The People’s Liberation Army Daily, the Chinese military’s official newspaper, said security concerns had been raised after one recruit had received a smartwatch as a birthday gift. News site NBC said its sources had confirmed a

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15 May 2015

Hackers Have Been Using the Starbucks App to Steal Money From Latte Drinkers

“Any time you link an app to your bank account or credit card, you better use a good password. That seems to be the takeaway from a recent spate of thefts suffered by people using the Starbucks app, which lets you pay for coffee using your smartphone.” Source: Hackers Have

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15 May 2015

China warns soldiers against wearable gadgets

“China has warned soldiers against using smartwatches, high-tech spectacles and other Internet-connected wearable gadgets, saying they could ‘endanger security’ after a recruit was caught trying to take a photograph of troops. ‘The use of watches that have internet access, location information, and telephone conversation functions should be considered a violation

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15 May 2015

Romania turns hacking crisis into advantage, helping Ukraine

“Ukraine is turning to an unlikely partner in its struggle to defend itself against Russian cyber warfare: Romania. The eastern European country known more for economic disarray than technological prowess has become one of the leading nations in Europe in the fight against hacking. The reason: the country’s own battle

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15 May 2015

Mobile Spy Software Maker mSpy Hacked, Customer Data Leaked

“mSpy, the makers of a dubious software-as-a-service product that claims to help more than two million people spy on the mobile devices of their kids and partners, appears to have been massively hacked. Last week, a huge trove of data apparently stolen from the company’s servers was posted on the

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14 May 2015

Chinese Threat Group Uses Microsoft’s TechNet Portal to Host C&C IPs

“APT17 is a Chinese threat group that has been targeting United States government organizations, the military, law firms, defense contractors, IT firms, mining companies, and NGOs. One of the tools leveraged by the group is BLACKCOFFEE, a backdoor that can be used to upload and download files, create a reverse

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13 May 2015

Warrantless airport seizure of laptop “cannot be justified,” judge rules

“The US government’s prosecution of a South Korean businessman accused of illegally selling technology used in aircraft and missiles to Iran was dealt a devastating blow by a federal judge. The judge ruled Friday that the authorities illegally seized the businessman’s computer at Los Angeles International Airport as he was to

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13 May 2015

Russian Cyber Espionage Group Planning to Hit Banks

“APT28, the notorious cyber espionage group that is believed to be sponsored by the Russian government, is planning to attack various financial institutions from across the world, according to a report published on Tuesday by cybersecurity services and training provider root9B. APT28 has been around since at least 2007. The

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13 May 2015

Hackers Will Cost Businesses ‘More Than £1.3 Trillion’ By 2019

“The cost of cybercrime are set to reach record levels within the next few years as hackers look to gain richer prizes than ever before, according to new research. A report from Juniper Research has estimated that data breaches and cybercrime will cost businesses around the globe a whopping $2.1

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13 May 2015

Russia, China promise not to launch cyber-attacks at each other

“Russia and China have signed a cyber-security pact, promising to not launch attacks at each other over the internet. The two superpowers also promised in an agreement signed Friday to not ‘destabilize the internal political and socio-economic atmosphere,’ or ‘interfere with the internal affairs of the state,’ according to translations

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