So
is this “Insider Trading?” How did it change the deal?
SoftBank
Knew About Uber’s 2016 Hack Before The Public Did
SoftBank knew about the
massive hack Uber suffered in late 2016 before details of the
incident were publicly revealed on Tuesday, the ride-hailing company
confirmed in a statement issued to Bloomberg. The breach that
compromised approximately seven million drivers and 50 million riders
was disclosed to the Japanese conglomerate as part of its due
diligence investigation into the world’s most
valuable startup which it intends to back with around $10 billion
in the near future, seeking to gain at least a 14 percent stake in
it. As per a statement from an Uber official, the information that
was given to SoftBank was still “incomplete” as the firm didn’t
conclude its investigation into the matter at that time, but the
management opted for disclosure in an
effort of negotiating with a potential investor in good faith.
Interesting, but when every website alerts you I
suspect most people will remove the addon.
HackRead reports:
Mozilla is joining hands with popular data breach notification website HaveIBeenPwned.com (HIBP) to send an in-browser alert to Firefox browser users if they are visiting a site that was previously hacked and whether their login credentials have been involved in a data breach.
“This is an addon that I’m going to be using for prototyping an upcoming feature in Firefox that notifies users when their credentials have possibly been involved in a data breach,” Mozilla developer Nihanth Subramanya wrote in his Github repository.
Read more on HackRead.
Something for my Computer Security students to
ponder.
Security
Sense: You Can Outsource the Work but Never the Risk
“Welcome to the US, land of the free. Here’s
how we’ll be tracking your every move.” So these are “High
Risk” visitors that still qualify for a visa?
… ICE officials explained at a conference last
week that they are hoping to develop algorithms that would assess
potential threats posed by visa holders, and conduct social media
surveillance of those deemed high risk. Microsoft, Deloitte and
Motorola Solutions were among the companies in attendance.
… Carissa Cutrell, a spokeswoman for ICE, told
ProPublica that the Department of Homeland Security has not actually
begun building such a program, but was simply gathering information
from industry leaders.
ICE officials told tech companies last week that
the department hopes to get automated notifications about any visa
holders’ social media activity. ICE already monitors some social
media posts, but plans to expand its operation.
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