Employees want more oversight and transparency over Google’s Dragonfly project

In 2006, Google had entered China only to leave in 2010 over an escalating dispute with regulators that was capped by what security researchers identified as state-sponsored cyberattacks against Google and other large U.S. firms. According to a transcript of a meeting between Google’s CEO and its employees, the search engine giant is not close…

South Korean cryptocurrency exchange Coinrail hacked

The hack occurred over the weekend. Coinrail has temporarily suspended trading in the virtual currency exchange. On Monday, with Coinrail, a South Korean cryptocurrency exchange, disclosing that it was hacked during the weekend, there followed an extended sell-off of bitcoin which saw it touch its 2-month low. In recent given the number of hacks involved…

Nvidia Corp issues preliminary security update for its graphics card affected by Spectre

The affected cards include Tesla, GeForce, Quadro, Grid and NVS. On Wednesday, Nvidia Corp confirmed that some of its chipsets have been affected by the Spectre vulnerability and that potentially hackers can exploit the bug by corrupting memory, bypass the operating system and steal the passwords of devices. Nvidia is in the process of providing…

Britain’s Information Commissioner’s Office imposes record fine of $539,400 on Carphone Warehouse

A 2015 hack at Carphone Warehouse had compromised the personal information of more than 3 million people. On Wednesday, Britain’s information regulator disclosed that it has imposed a fine of $539,400 (400,000 pounds) on Carphone Warehouse following the 2015 cyber attack which exposed the private data of more than 3 million of its customers. As…

Iranian hackers tried to harvest email password from Britain

While earlier the hack was attributed to Russian hackers, The Time has reported citing intelligence assessments that the Iranians were behind the attack. On Saturday, The Times newspaper reported citing intelligence assessment of the incident that Iran had carried out a cyber attack on British lawmakers earlier this year. The news comes at a time…

Computer worm leaves a trail of disruption in its wake across the globe

It is surprising how many world class businesses still use Microsoft’s Windows XP operating system, one that is totally outdated, in their core production facilities. The major cyberattack that left a wreck in its wake, including halting the operations of Cadbury’s chocolate plans in Australia, crippling the computers of port operator Maersk, is believed to…

Hackers gain access to 1.9 million records of Canada’s largest telecommunication company

Known as Bell, to its customers, the company stated the hack isn’t linked to the WannaCry attack. Financial information, including login credentials, weren’t accessed by the hackers. Hackers have managed to breach and access the customer information of 1.9 million customers, including names, e-mail addresses and active phone numbers, of Canada’s largest telecom company BCE…