Showing posts with label cybercrime. Show all posts
Showing posts with label cybercrime. Show all posts

2018-10-27

Tech Review | Internet of Things Creating New Avenues for Cybercrime

graphic "Tech Review" ©2017 DomainMondo.com
Tech Review (TR 2018-10-27)--Domain Mondo's weekly review of tech investing news with commentary, analysis and opinion: Features • 1) Internet of Things Creating New Avenues for Cybercrime, 2) How China Went From Copying Tech to Cutting Edge, 3) Investing: The Week, Investing Notes, 4)ICYMI Tech News.

1) Internet of Things Creating New Avenues for Cybercrime

FT.com and Chubb.com video above published Oct 1, 2018: the Internet of Things (IoT) is creating new avenues for cybercrime. Cybersecurity practices in businesses vary from one company to another but just who is responsible for maintaining cybersecurity practices remains a big question in Cyber Risk Management and Cybersecurity.
SoftBank says there will be a trillion connected devices by 2025 and that "these devices, connected through the internet of things" will "generate $11 trillion in value by that time."-VentureBeat.com.

2) How China Went From Copying Tech to Cutting Edge

China's technology industry is developing into a serious rival to Silicon Valley, but there are political hurdles ahead. Bloomberg QuickTake explains how China's tech companies went from copycats to cutting edge, and why the U.S. government is crying foul. Bloomberg.com video above published Oct 16, 2018.

3) Investing
graphic: "INVESTING"  ©2017 DomainMondo.com
The Week: NASDAQ Composite -3.8% | S&P 500 Index -3.9% | DJIA -3%
The Market Sell-Off Is Overdone, This Is a 'Buying Opportunity'--Mikio Kumada, executive director and global strategist at LGT Capital Partners (domain: lgtcp.com), discusses the market sell-off and what to look out for in the future--video here.
Wall Street's Charging Bull
graphic of Charging Bull | DomainMondo.com
Investing Notes:

US: The party’s far from over for the U.S. economy, as Q3 GDP growth shows--GDP growth of 3.5% marks best two-quarter stretch in four years--a vigorous gain following a 4.2% burst of growth in the second quarter positions the economy for its best performance in 13 years. The last time the U.S. posted 3% growth for a full year was in 2005.

EU: Italy’s Debt Crisis--the European Union rejects Italy's budget--Italy has three weeks to revise its budget under the EU’s rules (Editor's note: don't hold your breath.)

China: policymakers in China have been left searching for answers to the trade war with the US because the domestic think tanks called on for guidance have provided “filtered information” to avoid offending supervisors--scmp.com.

Brexit: Lloyd's (lloyds.com) Chairman: "Our customers will be unaffected by Brexit."--CNBC.com video.

4) ICYMI Tech News:
graphic: "ICYMI Tech News" ©2017 DomainMondo.com
source: statista.com
  • Why Netflix $NFLX Is Selling $2 Billion of Junk Bonds--Bloomberg.com (video). Netflix will spend $18.6 billion on content, and forecasts $3 billion negative cash flow for 2018 and 2019, betting aggressive spending leads to more subscribers--NYTimes.com.
  • Lobbying: Amazon spent $3.63M on lobbying in Q3, up from $3.47M in Q2, as it seeks JEDI, a big Pentagon contract; Google spent $5.46M, up 30%+ YoY, while Facebook spent $2.82M--Bloomberg.com.
  • Verizon $VZ and Altaba $AABA have agreed to pay $50M in damages, up to $37.5M in legal fees, and provide credit monitoring for Yahoo users affected by Yahoo's 2013 security breach.
  • Facebook $FB is reportedly trying to buy a major cybersecurity firm. Meanwhile Oculus founder Brendan Iribe is leaving Facebook--Bloomberg.com (video).
  • Cloudflare Inc, is preparing an initial public offering (IPO) that could value the startup at more than $3.5 billion.
  • Google $GOOG $GOOGL will open source its firmware for Titan M, a Pixel 3 secure chip handling Verified Boot which also has its own isolated storage and RAM--wired.com.
  • Wealthfront, a digital wealth management startup will offer its automated financial planning tool (robo-advisor) for free by the end of the year.
  • Personal Tech Tip: "... if you always charge your phone at 25 percent, the battery will only work to its full potential for 500 charges ... opting to charging at 75 percent will give you up to 2,500 fully powered charges"--lifehack.org.

-- John Poole, Editor, Domain Mondo  

feedback & comments via twitter @DomainMondo


DISCLAIMER

2018-09-02

News Review: 1) ICANN EPDP Struggles; 2) New gTLD .WEB Updates

graphic "News Review" ©2016 DomainMondo.com
Domain Mondo's weekly internet domain news review (NR 2018-09-02) with analysis and opinion: Features •  1) EPDP Struggles, 2) Other ICANN news: a. New gTLD .WEB Updates: Ruby Glen (Donuts) & Afilias, b. DNA & ICANN, and more, 3)a. IDNs--Who Needs Them? b. Afilias Inc., c. Centralnic, and more, 4) ICYMI: a. Facebook & Genocide, b. Egypt, c. Cybercrime & Blockchain, 5) Most Read.

1) ICANN EPDP Struggles
ICANN EPDP Team Meetings this week: Tuesday Sep 4, and Thursday Sep 613:00 UTC, 9am EDT. Non-members of the EPDP Team can follow the EPDP meetings via Adobe Connect: https://participate.icann.org/gnso-epdp-observers, or audio cast via browser or application (e.g.,iTunes).

Editor's note: each EPDP meeting's links to key documents, transcripts, MP3 audio and Adobe Connect recording, will be posted in UPDATES below (as made available by ICANN--note that links to EPDP meetings' transcripts are usually posted on the GNSO calendar within 24 hours). See also EPDP Team wiki, mail list, Temp Spec, and EPDP Charter (pdf).

Sep 6, 2018, EPDP Team Meeting Notes UPDATED:
  • Notes and action items from EPDP Team Meeting 9/6 here.

* * * * * * *
Sep 4, 2018, EPDP Team Meeting Notes UPDATED:
Chat transcript p.5 (pdf)
Editor's note: Little of substance was accomplished at the EPDP team meeting on September 4, 2018. The EPDP team appears to be drowning in dysfunction and lack of direction. EPDP team members have been asking, repeatedly since August 7, for GDPR training which ICANN has yet to provide even though the GDPR was published in May 2016, and training was provided by other California corporations for their respective stakeholders long before the GDPR became enforceable on May 25, 2018.
  • 9/4 Meeting transcript
  • Some "additional considerations and materials" for Tuesday's meeting here.
  • Adobe recording of 9/4 meeting, MP3, chat transcript (pdf).
  • Registries Stakeholder Group (RySG) rationale for removal and onward referral of the contents of Appendix C of the Temp Spec (highlighting added) here (pdf) not approved.
  • Notes and action items here.
  • Slides provided (pdf) were changed for the meeting--copy of 9/4 meeting's slides have not been published by ICANN
* * * * * *
UPDATE: Weekly Reports on the EPDP to GNSO Council hereObjection filed 3 Sep 2018 by Ayden Férdeline (NCSG): "I am reluctant to make this comment, but I think it is necessary. I do not see any substantial changes between the format of the previous report and this one. I don’t think this communicated anything useful then, and this update does not leave me with an accurate snapshot of the two two-hour long EPDP meetings that I sat through last week. We need something better. If there is a need for a report that will give the community confidence that multistakeholderism is working, fine, let’s use this one. But the Council, if it is to deliver proper oversight over this EPDP, needs a separate report that does not sugarcoat what is really happening within meetings and glosses over the challenges actually being faced. If this same reporting format is used again, I will raise this same objection again." (emphasis added)
* * * * * * *
Highlights from last week's ICANN EPDP Team meetings:

Kurt Pritz (the inept EPDP Team Chair appointed by the GNSO Council): "Thanks very much, Terri. And welcome, everyone. I’m holed up in a hotel room in Melbourne Australia at 11 o’clock at night and there’s a show of funny home videos playing in the background so if – I don't know how it got on the TV but if I laugh now and then that’s why." --Aug 30 transcript p. 2 of 48 (pdf). [Editor's note: turn off the TV during meetings Kurt!]

Kurt Pritz: "And I – gosh, I had one other item I wanted to talk about during this part of the meeting but I forgot what it was." Aug 30 transcript p. 3, supra. [Editor's note: Turn off the TV Kurt!]

Terri Agnew (ICANN staff)"And, Kurt, this is Terri. If you're speaking it looks like your line is still muted." Kurt Pritz: "That’s because it was still muted. So Alex, you sort of alluded to a proposed wording, do you have that? And, you know, it’s late here so I don't know if my coffee’s kicked in." Aug 30 transcript p. 6, supra.

Milton Mueller (NCSG): "Yes, so again I think we are very much going down a rabbit hole here that is completely unnecessary. The problem that we have with 4.4.2 as well as 8 and 9 is that it’s really an access issue; it’s not an ICANN purpose issue. So the problem we have with these so-called legitimate interest lists is that they are trying to incorporate those external third party legitimate interests into a definition of the purpose of ICANN's collection and display of the data which is just a mistake. If we could separate those two things very clearly we could come to an agreement. If you think you're going to accommodate access concerns by defining third party interests as part of ICANN's purpose then we, you know, our stakeholder group is never going to accept that because it is, you know, making the confusion that the data protection authorities told us not to do very explicitly, very clearly and repeatedly that the third party interests, even if they're legitimate and even if they would eventually produce access to the data, should not be confused with ICANN's purpose. And this is what we are persistently doing and that’s our main concern with the many items in Section 4 of the temp spec. Aug 30 transcript p. 7, supra.

Ashley Heineman (GAC, U.S.): "... So I’m going to cautiously agree with Milton, at least in part. I think what may have led us astray here is kind of commingling purpose and interest and so I don't have precise wording at this point but I agree with at least exploring the idea of at least separating out these concepts and exploring perhaps, you know, having them addressed elsewhere, perhaps Appendix A, Section 4. But I’m starting to understand the arguments here and I think fundamentally it’s because we’re confusing two concepts that are quite different. So I’ll stop there ...." Aug 30 transcript p.10, supra.

Alan Woods (RySG): "... I’m not sure that trying to polish up individual sections in this way is getting us – is getting us very far again, reading all the comments from people such as Thomas in the chat. Completely agree, it’s cutting off an awful lot of other aspects and I think it [Temp Spec] just needs a rewrite as opposed to a polish. Aug 30 transcript p.15, supra.

Marc Anderson (RySG): "... I think, you know, the drafting of this [Temp Spec], you know, there was an intent to, you know, the intent here was to, you know, to sort of, you know, bolt on some GDPR compliance to the existing system. You know, and so just sort of taking what's there and redlining it isn't going to – isn't going to be a successful endeavor.Aug 30 transcript p. 17, supra.

Terri Agnew: "Kurt, this is Terri. You may still be muted."
Kurt Pritz: "I know and I was – first it was really funny and second of all, it was really insightful."  Aug 30 transcript p. 17, supra.

Marc Anderson (RySG): "... I don't think that the, you know, the way the conversation is flowing right now where we’re sort of jumping around different sections of the temporary specification  and just sort of debating them ad hoc is moving us towards done. You know, and given how short a timeframe we have, you know, I think we need to focus that up a little more ..." Aug 30 transcript p. 27, supra.

Terri Agnew: "And, Kurt, this is Terri. Please check your mute. Actually, Kurt, it looks like perhaps your audio’s dropped from the Adobe Connect site?"
Kurt Pritz: "Yes, can you hear me now?" Aug 30 transcript p. 27, supra.

Alan Greenberg (ALAC)"I believe 4.4.8 [Temp Spec] tries to conflate too many things and the wording therefore becomes completely untenable." Aug 30 transcript p. 27, supra.

Chat 30 Aug 2018Alan Woods (RYSG): "full rewrite of all the sections is necessary was my point- not polish what is there." 

Editor's note: a "full rewrite of all the sections is necessary" -- that, in a nutshell, is also what is so wrong with the EPDP's project plan and work plan (which impliedly presume the Temp Spec just needs to be fine-tuned or "polished").

For more info and updates on last week's meetings, go to last week's News ReviewNote also:
  • Fear mongers forced to eat shorts over spam swamping claims - GDPR and no Whois hasn't caused catastrophe | theregister.co.uk.

2) Other ICANN News
graphic "ICANN | Internet Corporation for Assigned Names and Numbers"
a. New gTLD .WEB UPDATES
(i) U.S. Court of Appeals for the Ninth Circuit, Court Room 1, Richard H. Chambers Court of Appeals Building, 125 South Grand Avenue, Pasadena CA 91105:
ORAL ARGUMENT Oct 9, 2018: Case 16-56890: Ruby Glen, LLC v. ICANN (Ruby Glen, LLC [Donuts affiliate] appeals the district court's Fed. R. Civ. P. 12(b)(6) dismissal of its diversity action against Internet Corporation for Assigned Names and Numbers, seeking to temporarily enjoin ICANN from conducting an auction [for new gTLD .WEB]. The appellate briefs are here.

(ii) New gTLD .WEB applicant Afilias--Request 18-8: Afilias Domains No. 3 Limited | Board Accountability Mechanisms Committee (BAMCRecommendation on Reconsideration Request 18-8, 28 Aug 2018 reconsideration-18-8-afilias-bamc-recommendation-28aug18-en.pdf [211 KB] excerpt:
See also 2018 Reconsideration Requests – Status Update – 29 August 2018 reconsideration-requests-status-2018-29aug18-en.pdf [pdf, 55.9 KB].

b.  DNA (Domain Name Association) & ICANN:
Editor's note: not to mention that ICANN, by virtue of the above, is violating its own Articles of Incorporation and the provisions of IRC 501(c)(3). Remedies might include filing a complaint with the IRS, or the Attorney General of the State of California for initiation of, or authorization to file, a legal action pursuant to federal (U.S.) and state (California) law for involuntary dissolution of the Internet Corporation for Assigned Names and NumbersICANN: incompetent, corrupt, unfit.
UPDATE: go here, here, and here for more on the sordid history of ICANN & the DNA.

c. The New ICANN Fellowship Program | ICANN.org: "... Future fellowship cohorts will consist of 45 participants per ICANN meeting, a 25% reduction from years past. Of the 45 slots, seven (7) will go to Fellowship mentors. We will uphold and enforce the rule which states an individual can only serve as a fellow a total of three instances ..."  See also ICANN Pays Senior VP Sally Costerton Secret Contract $$$ | DomainMondo.com.

d. Nothing of import: Minutes (pdf) of ICANN Board Accountability Mechanisms Committee (BAMC) Meeting 02 Aug 2018; and Agenda of BAMC meeting 04 Sep 2018.

e. Internationalized Domain Names | ICANN.orgInternationalized Domain Names (IDNs) enable people around the world to use domain names in local languages and scripts. Editor's note: see the next item below.

3) Names, Domains & Trademarks
graphic "Names, Domains & Trademarks" ©2017 DomainMondo.com
a. IDNs a/k/a Internationalized Domain Names: Who Needs Them? (Other than cyber criminals for homograph attacks) --
Nobody Needs Arabic Domain Names | muscatdaily.com  26 Aug 2018: "The Telecommunications Regulatory Authority (TRA) has been offering Arabic language domain names since 2012, but luckily, it does not seem that anyone in Oman has made the mistake of actually using one ... Almost ten years ago, ICANN, the global authority for regulating domain names, announced that it would allow the registration of top-level internationalised domain names written in local languages and scripts other than the Latin alphabet ... nobody seems to be using them. Contrary to what was argued by the proponents of [IDNs] ... We have had web content written in the Arabic language before Arabic domain names came out, and we continue to do so without using these domain names ...."
Editor's notewe (the global internet community) did not need 1200+ new gTLDs either, but that didn't stop ICANN.

b.  Afilias, which says it is the world’s second largest top-level domain registry operator, announced Aug 30, 2018, that it has
"formally established a new corporate parent entity, Afilias, Inc. of Delaware, USA.  Afilias plc of Ireland is now a wholly owned subsidiary of Afilias, Inc.  Afilias further announced the relocation of its global corporate headquarters to Horsham, PA [a suburb of Philadelphia], the current offices of its operating subsidiary Afilias USA, Inc." 
Why move from Ireland (part of the EU) to the U.S.? 
"Afilias’ two largest customers, Public Interest Registry (the .ORG registry operator) and GoDaddy (the world’s largest domain name registrar), have US headquarters. These trends, coupled with recent favorable US tax changes, make Afilias’ US presence important in maximizing its future growth."  
Afilias is a privately-held legal entity, formed in September, 2000, by a consortium of nineteen ICANN-accredited domain name registrars, including Tucows Inc. Afilias recently replaced Neustar as the registry services provider for Australia's ccTLD .au, and is currently in litigation against Neustar over India's ccTLD .in. Afilias, (see 2)a. above) was the second-highest bidder for new gTLD .WEB and has been contesting the delegation of .WEB to the winning bidder, Nu Dot Co, financed by Verisign which has an agreement with Nu Dot Co for subsequent assignment of .WEB.

c.  Centralnic Group (LON: CNIC) shares reached a new 52-week low during mid-day trading on Thursday, August 23, 2018, hitting a low of GBX 49 ($0.64), and then hit that low again on Aug 30:
LON: CNIC
Centralnic (domain: centralnic.comreportedly is the 11th largest domain name registrar globally by generic top-level domain volume and among the top five new gTLD backend registry service providers supporting over 100 top-level domains (TLDs). Oh, the penny stock delusions of a new gTLDs true believer!
LON: CNIC
d. Who’s Behind the Screencam Extortion Scam? | KrebsOnSecurity.com"The truth is we may never find out who’s responsible ..."

e. WIPO Center informal Q&A concerning the GDPR as it relates to the UDRP: In preparing a UDRP complaint post-GDPR, how can a trademark owner conduct a WhoIs search/access the domain name registrant’s details?--wipo.int.

f. Why are abandoned domain names dangerous? They are low-hanging fruit for attackers, who can use them to access sensitive email or customer data--csoonline.com.

4) ICYMI Internet Domain News 
graphic "ICYMI Internet Domain News" ©2017 DomainMondo.com
a. Facebook, Myanmar and Genocide: "... the most important global case study regarding the power and potential toxicity of social media; you have to look at Facebook’s enabling role in the Rohingya genocide ..."--datatrekresearch.com. See also U.N. calls for Myanmar generals to be tried for genocide, blames Facebook for incitement--reuters.com.

b. Internet Censorship: Egypt's Sisi signs new law tightening government control online--Law imposes hefty fines, up to five years in prison for those who administer websites deemed to harm national interests.--aljazeera.com.

c. Cybercrime & Blockchain: 4 ways in which blockchain technology will address the problem of cybercrime | techbullion.com: "DNS is effective but it is partially centralized. Blockchain can prevent denial of service attacks since it would decentralize the DNS."

5) Most Read Posts this past week on DomainMondo.com: 
graphic "Domain Mondo" ©2017 DomainMondo.com

-- John Poole, Editor, Domain Mondo 

feedback & comments via twitter @DomainMondo


DISCLAIMER

2017-10-13

Hackers Will Pose A Greater Cybersecurity Threat In 2018 (video)

Hackers will pose a greater cybersecurity threat in 2018

As more elements of our daily lives are linked to the internet, hackers will have greater opportunity to scale up cybercrimes, leaving our homes and personal lives more vulnerable to attack, reports The Economist (economist.com), which  published the above video on Oct 4, 2017:
"In 2018 cyber attacks will affect our lives like never before. Hackers have already compromised multi-national organisations, stealing the personal details of millions. Hackers have even been implicated in national elections.
"On the golden shores of Hawaii lives one of the most prolific hackers on the planet. At the age of 22, Jeremiah Grossman hacked Yahoo – one of the biggest tech companies in the world. In response, they offered him a job – Yahoo’s Chief Hacker.
"According to Jeremiah "There’s a vernacular in the industry, there is the white hat hackers and then there is the black hat hackers. The way I like to describe it is kind of like Star Wars where you have the Jedi and the Sith. The skills are the same but one uses their powers for good and the other one is for evil. I am more of the white hat variety. I use those skills to prevent other people from getting hacked. There is people all over the world attacking you and you have to remain calm and steadfast at every point because if you lose control you will lose the battle."
"White hat hackers break into computer systems to find the weaknesses and make companies aware of them. But it’s about to get even harder to keep up the defences.
"With an ever-increasing risk to corporate security, 2018 will see an unlikely saviour in the fight against hackers - Insurance companies.
"But cyber insurance can only go so far when we are all becoming vulnerable to attack. More and more of our every day lives are being hardwired to the internet from the lock on our front door to our heating. Being connected may bring convenience, but it also makes our homes and our personal lives more vulnerable to hackers."


feedback & comments via twitter @DomainMondo


DISCLAIMER

2017-09-30

Tech Review | Bitcoin, Cryptocurrencies, Hackers, Thieves, Cybercrime

Tech Review (TR 2017-09-30)--Domain Mondo's weekly review of tech news with commentary, analysis and opinion: Features • 1) Bitcoin, Cryptocurrencies, Hackers, Thieves, Cybercrime, 2) Investing: $MU, Q3 2017 closes higher, Fed Watch, Trump's WTO reforms, Independence Votes & Black Swans, 3) Fake News = Data & News Media + Confirmation Bias, Liberal Bias, Groupthink, and False Narratives, 4) ICYMI Tech News, 5) Coming October 4.

1) Bitcoin, Cryptocurrencies, Hackers, Thieves, Cybercrime
Not a good week for Bitcoin and other Cryptocurrencies:
However, the news wasn't all bad--Japan's FSA gives official endorsement to 11 cryptocurrency exchanges | Reuters.com.

2) Investing:
 $MU
Sun Co-Founder Gets Secretive Hedge Fund to Make a Huge Chip Bet | Bloomberg.com"Bill Joy sees DRAM chip market shedding its cyclical past - Joy persuades Water Street to stop shorting Micron and go long ..." Micron $MU (NASDAQ:MU) (domain: micron.com).

Stocks closed the 3rd Quarter (Q3 2017) this week higher--S&P 500 ends at record; stock indexes close out strong month and quarter | MarketWatch.com:
 SP500
Technology and Financial Stocks Drive S&P500 & NASDAQ to Record Highs: "President Donald Trump’s meeting with former Federal Reserve Governor Kevin Warsh to discuss his potential nomination as Fed chairman was seen as a trigger for financial shares."--Reuters.com

Fed Watch (domain: federalreserve.gov):
Why Hurricanes Won't Force the Fed to Ditch a December Rate Hike | TheStreet.com: This year's third rate hike may be followed by three more in 2018, the Federal Reserve has indicated. Fed Chair Janet Yellen: "Growth will likely bounce back as activity resumes and rebuilding gets under way."  The likelihood of further hikes is good news for banks from JPMorgan Chase & Co. $JPM (NYSE: JPM) to Citigroup Inc. $C (NYSE:C), which often boost margins by passing increases on to borrowers more quickly than to the depositors whose money is used to fund loans.

Trump wants WTO reforms (domain: wto.org):
U.S. [Trump's WTO rep] shocks WTO with a novel take on trade dispute rules | Reuters.com“I think it’s the first time somebody said you need positive consensus. It means that any member can block the whole thing" said one trade diplomat who was in the meeting. “It’s power politics,” said another.

Independence Votes & Black Swans:
Catalonia Vote a Black Swan for EU, ECB, Spain, Markets, Economy? | DomainMondo.com--continuing LIVE coverage thru the weekend on the October 1 independence referendum in Catalonia. See also Last flight departs as Iraq imposes ban for Kurdish independence vote | Reuters.com.

3)  Fake News = Data & News Media + Confirmation Bias, Liberal Bias, Groupthink, and False Narratives:
The Media Has A Probability Problem | FiveThirtyEight.com--by Nate Silver: "The media keeps misinterpreting data ... the media has often overestimated the precision of polling, cherry-picked data and portrayed elections as sure things when that conclusion very much wasn’t supported by polls or other empirical evidence ... documented throughout this series, polls and other data did not support the exceptionally high degree of confidence that news organizations such as The New York Times regularly expressed about Hillary Clinton’s chances. (We’ve been using the [New York] Times as our case study ... because their 2016 coverage had so many problems.) ... Probably the most important problem with 2016 coverage was confirmation bias — coupled with what you might call good old-fashioned liberal media bias ..."

Here's more #FakeNews from mainstream media debunked this week:

4) ICYMI Tech News:
  • EU ready to move on digital tax even if no global deal--Reuters.com
  • China's HNA Group says it will keep investing in the United States: "We still have a strong belief U.S. and China will have a very good relationship, we will keep on investing (in) related business." --Nasdaq.com
  • YouTube no longer available on Amazon Echo Show after Google pulls it off, saying it violated the Terms of Service (ToS) and was a “broken user experience” implementation by Amazon.--TheVerge.com
  • Why It Took Google So Long to End Shady Rehab Center Ads"In May, scores of people on the front lines of America’s opioid crisis packed the National Association of Addiction Treatment Providers conference in Austin to listen to a Google contractor named Josh Weum. Google LLC doesn’t have anything to do with treating addicts, and the company didn’t send Weum there to talk about helping people get clean. He was explaining how to use Google to cash in on America’s $35 billion addiction treatment market ..."--Bloomberg.com
  • Ikea has bought TaskRabbit | Recode.net"The Swedish home goods giant is looking for some digital help from the contract labor marketplace."
  • Bill Gates now uses an Android phone | TheVerge.com 


-- John Poole, Editor, Domain Mondo  

feedback & comments via twitter @DomainMondo


DISCLAIMER

2017-09-28

Europol Report: 2017 Top Threat In Cybercrime Epidemic Is Ransomware

 EUROPOL | EC3 European Cybercrime Centre
Internet Organised Crime Threat Assessment (IOCTA) 2017 | Europol.europa.eu--excerpts:
"... Ransomware attacks have eclipsed most other global cybercrime threats, with the first half of 2017 witnessing ransomware attacks on a scale previously unseen following the emergence of self-propagating ‘ransomworms’, as observed in the WannaCry and Petya/NotPetya cases. Moreover, while information-stealing malware such as banking Trojans remain a key threat, they often have a limited target profile. Ransomware has widened the range of potential malware victims, impacting victims indiscriminately across multiple industries in both the private and public sectors, and highlighting how connectivity and poor digital hygiene and security practices can allow such a threat to quickly spread and expand the attack vector. The extent of this threat becomes more apparent when considering attacks on critical infrastructure." (emphasis added)
"Cryptocurrencies continue to be exploited by cybercriminals, with Bitcoin being the currency of choice in criminal markets, and as payment for cyber-related extortion attempts, such as from ransomware or a DDoS attack. However, other cryptocurrencies such as Monero, Ethereum and Zcash are gaining popularity within the digital underground." (emphasis added)
Full report (pdf) embed below:




See also: Europol: Ransomware top threat in 2017 cybercrime 'epidemic' | Reuters.com

feedback & comments via twitter @DomainMondo

2017-03-18

TechReview: All Eyes on MuleSoft IPO, $MULE Closes Up 46% First Day

Domain Mondo's weekly review of technology news:

Feature • All Eyes on MuleSoft IPO, $MULE Closes Up 46% First Day 

MuleSoft--domain: mulesoft.com--is a software company with headquarters in San Francisco, California, providing integration software for connecting applications, data and devices. Shares of MuleSoft Inc. NYSE:MULE, opened at $24.25 Friday, March 17, 2017, above its $17 IPO issue price, on the New York Stock Exchange. MuleSoft sold 13 million shares to raise $221 million. At the Friday closing price of $24.75 (+7.75 +45.59%), the company had a public market capitalization in excess of  $3 billion, compared to a private market valuation of $1.5 billion.

Other Tech News:

•   Stopping China's Mercantilism: A Doctrine of Constructive, Alliance-Backed Confrontation | ITIF.org: "China’s systematic mercantilism is a threat to the U.S. economy and the very soul of the global trading system. America cannot respond with either flaccid appeasement or economic nationalism; it must assemble an international coalition that pressures China to stop rigging markets and start competing on fair terms."

•  Data BreachMillions of records leaked from huge US corporate database | ZDNet.com: Dun & Bradstreet, the business services giant, confirmed it owns the database, which was acquired as part of the $125 million NetProspex acquisition in 2015.

•  Technology now at the root of almost all serious crime: Europol--document fraud, money laundering, online trading in illegal goods, ransomware, drug trafficking, human trafficking and smuggling, child pornography, identity theft .... --Reuters.com

•  Profitable Companies, No Taxes: Here’s How They Did It | NYTimes.com“Offshore tax haven abuse has become so absurd that one five-story office building in the Cayman Islands is now the ‘home’ to more than 18,000 corporations.” See Institute on Taxation and Economic Policy for more.

•  Advertisers urge Congress to roll back internet privacy rules: “Our digital economy is the global leader, providing billions of dollars in ad-supported content and services to consumers, and the innovation and investment that have driven its success have rested on robust, consistent self-regulatory privacy standards backstopped by the Federal Trade Commission,.” The groups are American Association of Advertising Agencies, the American Advertising Federation, the Association of National Advertisers, the Data & Marketing Association, the Interactive Advertising Bureau and the Network Advertising Initiative.--TheHill.com

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