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TweakTown News Posts - Page 105

Cybercriminals using the cloud to successfully launch attacks

By: Michael Hatamoto | More News: Hacking & Security | Posted: Jun 28, 2014 2:19 am

Following new technology trends, cybercriminals are always-on the lookout for new methods to launch successful attacks to compromise information. There has been an uptick in attackers hosting botnets and malware in the cloud, successfully remotely controlling criminal behaviors remotely in the cloud.


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Recently, criminals were found to be using DropBox to issue command and control instructions, in an effort to get malware and botnets around firewalls deployed by corporations, according to the Trend Micro security firm.


"At the end of the day, cybercriminals are business people," said Christopher Budd, Trans Micro Global Threat Communications Manager, in a statement. "The same logic that drives business people to using cloud-based services is driving the bad guys to use the cloud too."

Continue reading 'Cybercriminals using the cloud to successfully launch attacks' (full post)

Company shows global cyberattacks in real-time per hour

By: Michael Hatamoto | More News: Hacking & Security | Posted: Jun 27, 2014 11:10 pm

U.S. threat intelligence company Norse has unveiled a real-time animated map that shows the obnoxious amount of cyberattacks being carried out around the world. Many of the attacks are launched by automated bots, aimed at finding vulnerabilities to steal personal information, banking data, and other sensitive information that can be valuable on the black market.


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In 45 minutes, the United States suffered 5,840 cyberattacks - 27 times the number that the second most targeted country, Thailand, faced with just 220 cyberattacks in 45 minutes.


China launched the most amount of attacks, accounting for 2,513 attacks in 45 minutes, while the United States was No. 2 on the list with 1,550 attacks. Many of the U.S. attacks targeted computer networks inside of the country, while others tend to attack foreign targets.

Continue reading 'Company shows global cyberattacks in real-time per hour' (full post)

U.S. wants to open up cyberespionage talks with China again next month

By: Michael Hatamoto | More News: Hacking & Security | Posted: Jun 27, 2014 10:19 pm

Even though hacking and cyberespionage talks between the United States and China have stalled, it's an effort that U.S. lawmakers want to open up again. U.S. officials hope to see both sides begin discussions during the U.S.-China Security and Economic Dialogue scheduled to take place in Beijing next month.


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Talks temporarily halted after the U.S. government indicted five Chinese Army officers for cyberespionage, a move that angered Beijing.


"That's an economic problem as well as a bilateral problem and that kind of behavior risks undermining the support for the U.S.-China relationship among the U.S. and international business community," said Daniel Russel, U.S. Assistant Secretary of State, during a recent interview. "That's a problem and it's a problem we believe the Chinese must can address."

Continue reading 'U.S. wants to open up cyberespionage talks with China again next month' (full post)

Chinese Tesla Model S customer wrecks brand new vehicle in protest

By: Tamlin Magee | More News: Technology in Vehicles | Posted: Jun 27, 2014 9:07 pm

Delays in getting the Tesla Model S into the Chinese market lead to one disgruntled customer smashing in the front of his brand new car with a wrench.


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Yu Xinquan in China wrecked his new vehicle as a "protest against the company," he said. "Tesla's arrogance made me angry." A video of Mr Yu began going viral on Friday, and is just the latest of his protests against the company. Earlier he led other customers to protest against delayed deliveries on 21 April, a day before Tesla planned its first China delivery.


At the time, Tesla's Elon Musk apologized and said he'd ensure the cars would start being manufactured. But Yu, himself an e-commerce entrepreneur, claimed the company still hadn't delivered on its promises, and he claims he was misled about availability when he first ordered the vehicle. "I feel like I just married a woman who has been married before," Yu said, according to the Wall Street Journal, which reported the response on social media has been mixed.

Scientists plan on breeding bald, heat-resistant chickens

By: Tamlin Magee | More News: Science, Space & Robotics | Posted: Jun 27, 2014 8:36 pm

The inevitability of intensifying global warming isn't just a problem for humans - it's a problem for the world's livestock too. Now, to make chickens a little less susceptible to the heat, one team of scientists has started research to breed poultry that are born bald.


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Carl Schmidt, a geneticist at the University of Delaware, is embarking on a mission to Uganda and Brazil, where chickens have naturally shed their feathers over the years, according to Gizmodo UK. Schmidt's worried about feeding the world by 2050, adding that it'll be made even worse "if the climate does continue to change."


"We're going to be seeing heat waves that are both hotter and longer," Schmidt said in an interview with Modern Farmer. "We need to learn how to mitigate the effect of climate change on animals - we need to figure out how to help them adapt to it." For now, Schmidt plans a programme of selective breeding rather than alterations to their core genetics. But as well as breeding a whole new race of heat-resistant super-chickens, Schmidt and the team are also investigating other elements of selective pressure. "We're isolating the genetic variants that have allowed them to survive," Schmidt said.

European Space Agency software used to help detect bank fraud

By: Michael Hatamoto | More News: Hacking & Security | Posted: Jun 27, 2014 8:20 pm

Researchers from the European Space Agency (ESA) have developed software that is now being used to help detect online bank fraud. Former ESA consultant Paulo Marques, founder of Feedzai, sought a need for a sophisticated solution for communications via the Internet.


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Fraud detection demands large amounts of information to be analyzed in real-time, with thousands of banking transactions taking place per second. Unlike space technology, bank fraud software must be able to learn the behaviors of each individual and company - and the software has the ability to store information up to four years, helping create personal spending profiles.


In Portugal, every electronic purchase uses the sophisticated software, with Feedzai screening $229 billion worth of purchases and payments per year. An important task with cybercriminals targeting banks and financial instructions, with $11.4 billion lost in credit card fraud each year.

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UK privacy chief warns wearables must comply with data law

By: Tamlin Magee | More News: Current Affairs | Posted: Jun 27, 2014 7:11 pm

Britain's privacy regulator has warned that wearable tech must comply with existing privacy laws, in the wake of a Google Glass soft launch in the UK.


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Andrew Paterson, senior officer at the Information Commissioner's Office, said in a blog post that there's a danger wearable tech could intrude on the privacy rights of everyday citizens. He asserted that there's a debate to be had surrounding how comfortable the public feels with pervasive wearable devices that are always connected and capable of filming at any time.


"If you are using a wearable technology for your own use then you are unlikely to be breaching the [UK Data Protection] Act," Paterson wrote. "This is because the Act includes an exemption for the collection of personal information for domestic purposes. But if you were to one day decide that you'd like to start using this information for other purposes, for example to support a local campaign, then this exemption would no longer apply."

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Report finds online vs offline media consumption is split nearly 50-50

By: Tamlin Magee | More News: Internet & Websites | Posted: Jun 27, 2014 6:33 pm

Almost half of all Brits still read printed newspapers to get their fix of current affairs, according to a new study by the UK regulator Ofcom.


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Despite the repeated shouting that print is well and truly on its last legs, 40 percent of British consumers still pick up a paper to find out what's going on. But 41 percent of consumers do get the majority of their news from websites and mobile apps.


According to the report, younger generations are driving the shift towards online media - which itself enjoyed a leap in popularity by nine percent between 2012 and 2013. For younger people the growth was even greater, with 60 percent of 16-24 year olds consuming media online or via apps now, compared to 44 percent in 2013. Young people also find mobile and internet apps as the best way to consume news media. But a touch depressingly, one in ten youth said they do not follow the news at all.

YouTube to create weekly radio show for Sirius XM

By: Shane McGlaun | More News: Business, Financial & Legal | Posted: Jun 27, 2014 5:00 pm

YouTube is a place where we mostly think of video being the focus of attention. However, a lot of music artists use the video site to get their music out there. YouTube has announced that it is helping to create a weekly radio show on Sirius XM satellite radio called the YouTube 15 on Sirius XM.


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The weekly show will be played on the Sirius XM Hits 1 radio network and will be hosted by Jenna Marbles. The show will air on the satellite radio network starting July 11 at 6pm ET. Replays of the show will be aired over the weekend.


The show will highlight artists that are emerging on YouTube and other pop songs that are on the video sharing site. Some of the up and coming artists have videos on YouTube that generate millions of views.

GoPro IPO goes well, stock surges to over $31 per share

By: Shane McGlaun | More News: Business, Financial & Legal | Posted: Jun 27, 2014 4:04 pm

GoPro cameras can do just about anything from recording racetrack antics for car guys to diving into the ocean depths. The rugged camera is among the most popular for sports fans of all types for recording their fun. GoPro went public this week with an IPO that kicked off yesterday.


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GoPro began its IPO with share prices set at $24 per share. The stock surged in trading to over $31 per share in trading. GoPro raised about $425 million and is now valued at nearly $3 billion.


After the IPO, GoPro has about 123 million shares outstanding. GoPro currently holds about 45% of the camcorder market in the US by dollars, but the company is facing some serious competition with other firms, like Google, stepping into the wearable camcorder market.

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