DC AG Sues Zuckerberg Over Cambridge Analytica Scandal

The Attorney General of the District of Columbia, Karl Racine, has sued Facebook CEO Mark Zuckerberg over the Cambridge Analytica scandal. The Facebook Cambridge Analytica scandal concerns Aleksandr Kogan, a University of Cambridge professor who collected personal information from nearly 270,000 Facebook users and friends without their consent. Kogan then passed the information on to […]

Meta To Make Some Facebook’s Ad Targeting Data Publicly Viewable

Meta has announced plans to make information about how political and “social issue” ads are targeted publicly available. Facebook had previously experimented with making some data available to researchers via FORT in 2021. The information was however only available for political ads three months before the 2020 election. The new development means researchers, especially those […]

Hackers Able To Hack Online Accounts Even Before Registration

Research shows that hackers may hijack online accounts before users even register them by exploiting flaws that have since been fixed on popular websites such as Instagram, LinkedIn, Zoom, WordPress, and Dropbox. Andrew Paverd, a researcher at Microsoft Security Response Center, and Avinash Sudhodanan, an independent security researcher, studied 75 popular online services and discovered […]

U.K. Fine Clearview AI For Illegally Storing Facial Images

The Information Commissioner’s Office (ICO) has fined facial recognition company Clearview AI more than 7.5 million euros. The ICO found that Clearview AI breached U.K. data protection laws by failing to use the information of people in the U.K. in a fair and transparent manner, and failing to have a legitimate reason to collect people’s […]

Attackers Use Fake Chatbot To Launch Phishing Attacks On Users

Cybercriminals use a fake chatbot via phishing to target unsuspecting victims with malware, according to a new report by Trustwave. The attack starts with a phishing email pretending to be from DHL. The email content mentions package delivery problems while promoting users to click on a link. The link directs the victims to a downloadable […]

Young Adults Use Digital Banks To Manage Their Money

The share of young users who pick fintech over traditional banks has doubled since 2020, to 12%. Today, only 25% of the youngest generation, Gen Z use a megabank for their primary checking account, down from 35% in 2020. Generally, young consumers, including Gen X, Millennial, and Gen Z groups, have chosen digital banks as their […]

Broadcom Negotiate $60 Billion VMware Acquisition

Broadcom is negotiating a $60 billion acquisition of VMware. According to sources close to the issue, Broadcom will pay about $140 per share in cash and shares for VMware. If the negotiations prove successful, a deal could be announced as early as Thursday, when VMWare is due to report quarterly results. “A VMware acquisition would […]

U.S. Appeals Court Rejects Most Of Florida Social Media Law

A three-judge panel of the 11th U.S. Circuit Court of Appeals has rejected much of Florida’s social media law. Florida’s social media law aims to prevent social media companies from restricting users’ political speech. It also requires major technology platforms to provide information about how they moderate content on their platforms. The unanimous decision was […]