Search results for "security breach"

Uber Admits Covering up 2016 Hacking, Avoids Prosecution in U.S. Settlement

Uber Technologies Inc on Friday accepted responsibility for covering up a 2016 data breach that affected 57 million passengers and drivers, as part of a settlement with U.S. prosecutors to avoid criminal charges. In entering a non-prosecution agreement, Uber admitted that its personnel failed to report the November 2016 hacking to the U.S. Federal Trade […]

Australian Retail Giants Targeted in Facial Recognition Tech Complaint

A major consumer group has referred three of Australia’s biggest retail chains to the privacy regulator, saying they use “unreasonably intrusive” facial recognition technology on customers and recommending enforcement action. CHOICE, in a complaint to the Office of the Australian Information Commissioner (OAIC) published on Monday, said use of the technology at JB Hi-Fi Ltd’s […]

Tech Firms say India Cyber Rules Risk Creating 'Environment of Fear'

Indian cybersecurity rules due to come into force later this month will create an “environment of fear rather than trust”, a body representing top tech companies has warned the government, calling for a one-year delay before the rules take effect. The Internet and Mobile Association of India (IAMAI), which represents firms including Facebook, Google and […]

How Facebook’s Cryptocurrency Venture Fell to its Demise

Surely, we all remember that one time when Facebook tried to enter the cryptocurrency world to expand its influence into the decentralized universe of cryptocurrency and blockchain. But those familiar with Facebook’s cryptocurrency venture also know that the dream did not even come close to fruition. Why? Let’s just start by saying many factors led […]

How can Businesses Benefit from Web 3.0?

If you don’t evolve, you will be left behind. This premise applies to people as well as businesses. While this is a scary concept for many, it is the way of the world. For this reason, entrepreneurs and company executives must look ahead into how businesses benefit from Web 3.0 and the technologies that constitute […]

The Trinity of Future: 5G, Blockchain, and IoT

The futuristic league of 5G, Blockchain, and IoT will birth a balanced ecosystem, colliding telcos capabilities, IoT applications, and a cryptographic ledger to optimize business and daily functions. The mobile wireless network industry witnessed heavy alternations and developments throughout the years.  Developments that brought it to the advanced level it is in right now. Communication […]

'Tip of the Iceberg': Taiwan's Spy Catchers Hunt Chinese Poachers of Chip Talent

Taiwan’s spy catchers have launched probes into around 100 Chinese companies suspected of illegally poaching semiconductor engineers and other tech talent, a senior official at the island’s Investigation Bureau told Reuters. That comes on top of seven prosecuted since the start of last year and includes 27 which have either been raided or whose owners […]

Huawei 'More United' in Face of U.S. Pressure, Says Repatriated CFO

U.S. pressure on Huawei Technologies has served to strengthen the resolve of the Chinese telecoms giant, finance chief Meng Wanzhou said on Monday after its first set of results since her return from nearly three years’ detention in Canada. The daughter of Huawei founder Ren Zhengfei played a central role in the company’s tussle with […]