Israeli cybersecurity firm Coronet partners with Dropbox

The partnership will extend Coronet’s expertise to millions of Dropbox users. Israeli cybersecurity firm Coronet has stated, it has entered into a partnership with Dropbox. The move brings millions of users within Coronet’s ambit of protection from possible hacker attacks. The partnership will see Coronet’s own security features merge with Dropbox’s own security settings, both…

Trump Administration backs Department of Transportation’s ‘Automated Vehicles 3.0’

Rules that impede the development and deployment of fully autonomous automated vehicles will be revised. As per a document made public on Thursday, the Trump Administration plans to surge ahead and revise safety rules that bar fully automated autonomous vehicles from being on the roads; this includes cars without traditional items such as mirrors, steering…

Virtual currency exchanges at risk of market manipulation: Report from NY Attorney General’s office

The report by NY Attorney General’s office is based on a study of several online platforms where virtual currencies, including bitcoins, are regularly traded. According to a report published by the New York Attorney General’s office, cryptocurrency exchanges are typically plagued by poor market surveillance, lack sufficient customer protections, and have pervasive conflicts of interest.…

Singapore’s cyber attack carries the signature of Advanced Persistent Threat group

The attack comes despite robust security measures undertaken by Singapore, a highly wired and digitalized state which has made cyber security a core priority since more than a decade. On Monday, on a follow up on Singapore’s worst ever cyber attack which saw personal information of nearly 1.5 million people, including its Prime Minister being…

ASEAN nations likely to sign cybersecurity deal with Russia

A draft agreement is being circulated among foreign ministers on the area of cybersecurity, the details of which is likely to be published this coming Saturday. Following high-profile hacking attacks in Southeast Asia, nations in the region are hoping to enter into joint agreements on cybersecurity with Russia. The draft agreement, which aims to formalize…

Mexico to be battle ground between Uber Technologies and Didi Chuxing Technology

With China’s Didi Chuxing Technology Co, launching its operations in Mexico in April 2018, Uber is under pressure to consolidate and expand its footprint in the remaining 11 Mexican states where regulations are not exactly friendly to ride-hailing services. In a move that marks Uber Technologies’ commitments to Mexico, the ride services firm disclosed it…

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…

Hackers gains access to millions of payment card details from Hudson’s Bay Co

JokerStash, a well known criminal group, has managed to breach Hudson’s Bay Co’s security systems and gain access to its payment cards data. Having penetrated the security systems of Hudson’s Bay Co, hackers have gained access to data on payment cards used at Saks and Lord & Taylor stores in North America, said Hudson’s Bay…

U.S. SEC updates guidance on cyber risks and breaches

This updated guidance addresses concerns on how and when public companies should disclose their cyber security risks and breaches. In a development that will significant impact tech firms, the U.S. Securities and Exchange Commission has updated its guidance to public companies on how and when they should disclose cyber security risks and breaches, including known…

Cryptocurrency investors file lawsuit against Coincheck Inc

While Coincheck wants to resume trading once it can guarantee the secure resumption of its operations, investors want to withdraw their holdings so that they can continue trading on other cryptocurrency exchanges. On Thursday, cryptocurrency investors in Japan launched a lawsuit against Tokyo-based cryptocurrency exchange Coincheck Inc in efforts aimed at forcing it to allow…