Britain’s Telecommunications (Security) Bill bans Huawei Technologies Co Ltd

In a significant development, the British government is set to pass a bill which will see British telecoms companies facing a fine of up to 10% of their turnover or $133,140 (100,000 pounds) a day fine, if they contravene a ban on using equipment made by China’s Huawei Technologies Co Ltd. The Telecommunications (Security) Bill…

Prices of Huawei phones rising every hour on fears on shortages

Chinese consumers are rushing to purchase Huawei’s smartphone featuring its high-end Kirin chips, fearing that the company’s production of its premium handsets will face punitive curbs by U.S. trade action. According to Huaqiangbei, smartphone vendors in China’s southern city of Shenzhen, are seeing a steady rise in the prices of used and new Huawei phones…

Alleged hacker puts up Tokopedia’s user details for sale on darknet

Indonesia’s largest e-commerce platform, Tokopedia said, it is investigating an attempted cyber attack and claims that details of millions of its users had been leaked online. “We found that there had been an attempt to steal data from Tokopedia users,” said Tokopedia’s spokesman. “However, Tokopedia ensures that crucial information such as passwords remains successfully protected…

North Korea made $2 billion through cyber attacks: U.N report

The North Korean regime has managed to increase the sophistication of its cyber attacks, which have successfully targeted banks and cryptocurrency exchanges. According to a confidential report by the United Nations, North Korea has amassed a estimated $2 billion using “widespread and increasingly sophisticated” cyberattacks that targeted banks and cryptocurrency exchanges. North Korea plans on…

SoftBank to launch autonomous-enabling services in Japan in July 2019

SoftBank’s service will power a range of machineries including autonomous farm equipment to buses and drones. In a statement, Japan’s SoftBank Corp stated it will be launching a service in 2019 that will use satellite navigation data and the telco’s mobile base stations to help power self-driving buses, drones and farm machinery. SoftBank’s service will…

2 of out of 3 hotels leak personal info of guests: Symantec Corp

This is a threat since cyber-criminals are increasingly interested in monitoring the movement of influential business professionals as well as government employees. According to a research report released by Symantec Corp, two out of three hotel websites have inadvertently leaked guests’ booking details as well as personal data to third-party sites, including advertisers and analytics…