Day: May 18, 2021

China Bans Financial, Payment Institutions From Cryptocurrency Business

China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading. From a report: Under the ban, such institutions, including banks and online payments channels, must not offer clients any service involving cryptocurrency, such as registration, trading, clearing and settlement, three industry bodies said…


Ex-Apple marketing bigwig tells Epic judge: Our revenue-sharing model is designed to stop money laundering

Oh, and remember when Tim Sweeney himself demonstrated Metal API? Awks Three weeks have passed since the high-stakes California bench trial between Epic Games and Apple commenced. On Monday, it was the turn of Phil Schiller, Apple Fellow and former senior VP of Worldwide Marketing, to take the stand.… …read more Source:: TheRegister


After just 9 months, Darkside ransomware gang brings in $90 million in Bitcoin

The cryptocurrency was sourced from 47 different wallets, according to research from Elliptic. …read more Source:: ZDNet


Microsoft, Adobe Exploits Top List Of Crooks’ Wish List

…read more Source:: PacketStorm


The UK loves cybersecurity so much, it’s going to regulate managed service providers’ infosec practices in law

And you’re invited to speak your brains on Computer Misuse Act changes +Comment The British government has vowed to create a legally binding cybersecurity framework for managed service providers (MSPs) – and if you want to tell gov.UK what you think, you’ve only got a few weeks to act.… …read more Source:: Register


Unsuccessful Conti Ransomware Attack Still Packs Costly Punch

Separate attacks last week on the country’s Department of Health and Health Service Executive forced the shutdown of networks and services that still haven’t been fully restored. …read more Source:: Threatpost


Try This One Weird Trick Russian Hackers Hate

Brian Krebs: In a Twitter discussion last week on ransomware attacks, KrebsOnSecurity noted that virtually all ransomware strains have a built-in failsafe designed to cover the backsides of the malware purveyors: They simply will not install on a Microsoft Windows computer that already has one of many types of virtual keyboards installed — such as…


Researchers Create Covert Channel Over Apple AirTag Network

Small amounts of data could be sent from nearly anywhere using Apple’s “Find My” network, hidden in the large volume of traffic as AirTags become widely used, two researchers say. …read more Source:: DarkReading


Baidu brings in $4.38 billion in Q1, beating Wall Street expectations

The company saw huge gains in its non-advertising revenue, propelled by its growing cloud business. …read more Source:: ZDNet


Conti ransomware gang to blame for Irish public health system cyberattack

Conti ransomware gang appears to be behind Ireland’s Health Service Executive (HSE) ransomware attack, according to reports. HSE, a $25 billion public health system, shut down its IT systems to protect the service from further damage, switching to a paper-based system. Though life-saving equipment and COVID-19 vaccine programs were still operating, several healthcare practices across…