New Android Malware Targets Banks In European Countries
Cleafy’s security researchers have recently identified malicious software known simply as “Teabot” to harvest user data and text messages for fraudulent activities against banks in Spain, Germany, Italy, Belgium, and the Netherlands. Once Teabot installs on a victim’s device, it will request Android permissions to monitor the user’s actions, retrieve window content, and perform arbitrary […]
Yahoo and AOL To Have New Owner After Being Sold
Verizon is reportedly set to sell AOL and Yahoo to private equity firm Apollo in a deal worth $5 million. While the deal is expected to close later this year, Verizon Media CEO Guru Gowrappan will continue to call the shots, and Verizon will hold a small stake in the company as part of the […]
Judge Delays Trial Preparation In Facebook Antitrust Case
Judge James Boasberg, the judge in the U.S. government’s antitrust case against Facebook, said Tuesday that the social media company’s request to dismiss the lawsuit raises several serious challenges and places the discovery process on hold. Boasberg said he expects to decide next month on the request for dismissal. Facebook is seeking the dismissal of […]
DarkSide To Evaluate All Targets After US Pipeline Attack
The ransomware gang DarkSide said in its latest “press release” that its organization is “apolitical” and is not affiliated with any government, and will assess all targets before they are attacked. The statement comes after DarkSide launched an attack on the Colonial Pipeline, the largest fuel pipeline in the United States. The attack resulted in […]
Ransomware Attack Shuts Down Major US Pipeline
A recent ransomware attack on the Colonial Pipeline, the largest U.S. pipeline system for refined products, has caused the company to take many of its systems offline, rendering the company’s pipeline system inoperable. Unnamed U.S. government and private security sources briefed by Colonial told CNN, The Washington Post and Bloomberg that the Russian criminal gang […]
YouTube Announces $100M Fund for ‘Shorts’ Content Creators
On Tuesday, YouTube announced a $100 million fund to pay content creators that make hit videos using its latest short-form video feature, Shorts. The announcement on May 11 stated that the fund will launch soon and pay creators this year and 2022. This investment comes at a time when platforms continue to attract young creatives […]
FCC Studying Chip Shortage Impact On U.S. Communications Sector
On Tuesday, the Federal Communications Commission (FCC) announced it was compiling information on the impact of the global semiconductor shortage on the U.S. communications sector. The U.S. auto industry is feeling the brunt of the shortage, with automakers slashing production. Ford Motors has warned that the shortage could cut production by 50% in the second […]
UK Reveals Law That Protects Social Media Users
Britain’s new law, The Online Safety Bill, will require social media companies and websites to take action to remove illegal content such as hate crimes, harassment, and threats against individuals. Companies that fail to comply face hefty fines of up to $25 million from regulator Ofcom, which can also block access to their websites. If […]
