Embattled Chinese tech giant Huawei said Wednesday first-quarter revenue fell after it sold its lower-priced Honor smartphone brand, but profitability improved. Sales declined 16.5% from a year earlier to 152.2 billion yuan ($23.5 billion) due in part to lower revenue for its consumer unit, the company said. It gave no earnings but said its profit […]
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Last week, the Indian Ministry of Electronics and Information Technology urged several social media platforms such as Twitter, Facebook, and Instagram to take down user content critical of the nation’s response to the COVID-19 outbreak as cases go on a sharp rise yet again. Over 100 such take-down requests were sent out to stamp out […]
Western countries risk losing control of technologies that are key to internet security and economic prosperity to nations like China and Russia if they don’t act to deal with the threat, one of the U.K.’s top spy chiefs warned Friday. “Significant technology leadership is moving east” and causing a conflict of interests and values, Jeremy […]
A very strange thing happened on the internet the day President Joe Biden was sworn in. A shadowy company residing at a shared workspace above a Florida bank announced to the world’s computer networks that it was now managing a colossal, previously idle chunk of the internet owned by the U.S. Department of Defense. That […]
As our lives become more and more integrated within the digital realm, cyber gangs behind economic crimes have been quick to capitalize on this shift by tailoring scams to fit our changing lifestyles. These cyber criminals have also adapted to the continuously rising trend of online shopping and remote working by impersonating parcel delivery companies, […]
The Justice Department is taking new aim at ransomware after a year that officials say was the costliest on record for the crippling cyberattacks. Formation of a task force of FBI agents and Justice Department prosecutors is an acknowledgment of the growing threat posed by ransomware attacks, in which hackers lock up computer data and […]
The Biden administration is taking steps to protect the country’s electricity system from cyberattacks through a new 100-day initiative combining federal government agencies and private industry. The initiative, announced Tuesday by the Energy Department, encourages owners and operators of power plants and electric utilities to improve their capabilities for identifying cyber threats to their networks. […]
Suspected state-backed Chinese hackers exploited widely used networking devices to spy for months on dozens of high-value government, defense industry and financial sector targets in the U.S. and Europe, according to FireEye, a prominent cybersecurity firm. FireEye said Tuesday that it believes two hacking groups linked to China broke into several targets through Pulse Connect […]
Chinese President Xi Jinping on Tuesday called for more equitable management of global affairs and, in an implicit rejection of U.S. dominance, said governments shouldn’t impose rules on others. Xi’s speech at an economic forum comes amid rising tension with China’s neighbors and Washington over its strategic ambitions and demands for a bigger role in […]
The sprawling hacking campaign deemed a grave threat to U.S. national security came to be known as SolarWinds, for the company whose software update was seeded by Russian intelligence agents with malware to penetrate sensitive government and private networks. Yet it was Microsoft whose code the cyber spies persistently abused in the campaign’s second stage, […]