Damn
the security, full speed ahead!
German
government might have lost tens of millions of euros in COVID-19
phishing attack
The
government of North Rhine-Westphalia, a province in western Germany,
is believed to have lost tens of millions of euros after it failed to
build a secure website for distributing coronavirus emergency aid
funding.
The
funds were lost following a classic phishing operation.
Cybercriminals
created copies of an official website that the NRW Ministry of
Economic Affairs had set up to distribute COVID-19 financial aid.
Crooks
distributed links to their sites using email campaigns, lured users
on the sites, and collected details from locals. They then filed
requests for government aid on behalf of the real users but they
replaced the bank account where funds were to be wired.
They
are coming for your data. Are you ready?
46%
of SMBs have been targeted by ransomware, 73% have paid the ransom
Yet,
more than a quarter of the total SMB survey group said they lack a
plan to mitigate a ransomware attack. And nearly a fifth of the
total group said they feel their organization is unprepared for a
ransomware attack.
This
is how to do it wrong...
IoT
Update: FTC Settles with Smart Lock Manufacturer and Provides
Guidance for IoT Companies
On
April 6, 2020, Tapplock, Inc., a Canadian maker of internet-connected
smart locks, entered
into a settlement with
the Federal Trade Commission (“FTC”) to resolve allegations that
the company deceived consumers by falsely claiming that it had
implemented reasonable steps to secure user data and that its locks
were “unbreakable.” The FTC alleged that these representations
amounted to deceptive conduct under Section 5 of the FTC Act. In its
press
release accompanying
the settlement, the
FTC provided guidance for IoT companies regarding the design and
implementation of privacy and security measures for “smart”
devices,
as discussed further below in this post.
Antitrust
How
Instagram managed to survive antitrust scrutiny when it was acquired
by Facebook
Antitrust
law was not written for modern acquisitions like Instagram. A
traditional monopoly was a company with such a hold on its industry
that it harmed others by fixing prices or controlling a supply chain.
Facebook and Instagram presented no obvious consumer harm because
their products were free to use, as long as people were willing to
give up their data to the network. Facebook’s advertising business
was relatively new, especially on mobile phones; Instagram
didn’t have a business model at all. [???
Bob] Something was a monopoly if it undermined its
rivals; Instagram had many rivals. Instagram wasn’t even the first
company to make a mobile photo app with filters.
So
the Federal Trade Commission started its investigation with a simpler
question. Were Facebook and Instagram competing with each other? If
they were, it would reduce competition in the marketplace if they
were allowed to merge.
Does
he have a successor?
US
monitoring intelligence that North Korean leader is in grave danger
after surgery
The
US is monitoring intelligence that suggests North Korea's leader, Kim
Jong Un, is in grave danger after undergoing a previous surgery,
according to a US official with direct knowledge.
A
second source familiar with the intelligence told CNN that the US has
been closely monitoring reports on Kim's health.
Kim
recently missed the celebration of his grandfather's birthday on
April 15, which raised speculation about his well-being. He had been
seen four days before that at a government meeting.
Another
US official told CNN Monday that the concerns about Kim's health are
credible but the severity is hard to assess.
For
your Karaoke evenings?
The
Top 8 Sites to Find Song Lyrics Online
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