2024
Europe’s data protection laws cut data storage by making information-wrangling pricier
GDPR also slashed processing costs by over a quarter Europe's General Data Protection Regulation (GDPR) has led European firms to store and process less data, recent economic research suggests, because the privacy rules are making data more costly to manage.…
China could be doing better at censorship, think tank finds
Complex overlapping bureaucracy sometimes lacks the funds and skills to do it right China's censorship regime remains pervasive and far reaching, but the bureaucratic apparatus implementing it is unevenly developed and is not always well funded, according to a report released on Tuesday.…
Singapore’s monetary authority advises banks to get busy protecting against quantum decryption
No time like the present, says central bank The Monetary Authority of Singapore (MAS) advised on Monday that financial institutions need to stay agile enough to adopt post-quantum cryptography (PQC) and quantum key distribution (QKD) technology, without significantly impacting systems as part of cyber security measures.…
Cops turn LockBit ransomware gang’s countdown timers against them
Authorities dismantle cybercrime royalty by making mockery of their leak site In seizing and dismantling LockBit's infrastructure, Western authorities are now making a mockery of the ransomware criminals by promising a long, drawn-out disclosure of its secrets.…
Wyze admits 13,000 users could have viewed strangers’ camera feeds
Customers report feeling violated following the security snafu Smart home security camera slinger Wyze is telling customers that a cybersecurity "incident" allowed thousands of users to see other people's camera feeds.…
Insider steals 79,000 email addresses at work to promote own business
After saying they're very sorry, they escape with a slap on the wrist A former council staff member in the district where William Shakespeare was born ransacked databases filled with residents' information to help drum up new business for their outside venture.…
Two days into the Digital Services Act, EU wields it to deepen TikTok probe
Bloc isn't happy with made-in-China network's efforts to protect kids and data Two days after its Digital Services Act (DSA) came into effect, the European Union used it to open an investigation into made-in-China social network TikTok.…
Vietnam to collect biometrics – even DNA – for new ID cards
Iris scan, voice samples and blood type to be included in database The Vietnamese government will begin collecting biometric information from its citizens for identification purposes beginning in July this year.…
LockBit ransomware gang disrupted by global operation
Website has been seized and replaced with law enforcement logos from eleven nations Notorious ransomware gang LockBit's website has been taken over by law enforcement authorities, who claim they have disrupted the group's operations and will soon reveal the extent of an operation against the group.…
ALPHV gang claims it’s the attacker that broke into Prudential Financial, LoanDepot
Ransomware group continues to exploit US regulatory requirements to its advantage The ALPHV/BlackCat ransomware group is claiming responsibility for attacks on both Prudential Financial and LoanDepot, making a series of follow-on allegations against them.…