The Monetary Authority of Singapore (MAS) on Monday issued guidelines that limit cryptocurrency trading service providers from promoting their services to the general public, as part of a bid to shield retail investors from potential risks. Singapore is a popular location for cryptocurrency companies due to a comparatively clear regulatory and operating environment and is […]
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The U.S. Federal Aviation Administration (FAA) said Sunday it had cleared an estimated 45 percent of the U.S. commercial airplane fleet to perform low-visibility landings at many airports where 5G C-band will be deployed starting Wednesday. The FAA has warned that potential interference could affect sensitive airplane instruments such as altimeters and make an impact […]
China said on Tuesday it would put in force new rules that will boost oversight over how its platform companies make plans to list abroad or use recommendation algorithms, in moves set to tighten Beijing’s grip over its sprawling technology sector. The Cyberspace Administration of China (CAC) said it would from Feb. 15 implement new […]
Asian shares mostly slipped Wednesday, as worries lingered about the coronavirus omicron variant’s potential damage to the regional economy following mixed cues from Wall Street. Japan’s benchmark Nikkei 225 lost 0.9% in morning trading to 28,809.86. South Korea’s Kospi slipped 0.9% to 2,993.38, while Australia’s S&P/ASX 200 jumped 1.2% to 7,510.80. Hong Kong’s Hang Seng […]
One of the many things the Log4j ransomware attack showcased is that U.S.-based businesses and governmental entities have been heavily affected by cyberattacks, such as ransomware, data breaches, and distributed denial-of-service (DDoS), according to CNBC. “I think more people are taking advantage of the United States – and our openness and our true global workforce – […]
According to state-backed media reports, Alibaba Cloud Computing’s information-sharing partnership was put to an end on Wednesday by Chinese watchdogs, following allegations of neglecting to report and tackle a cyber threat. The 21st Century Business Herald reported that the subsidiary of the e-commerce giant failed to promptly report weaknesses in the famous, open course logging […]
In the months since President Joe Biden warned Russia’s Vladimir Putin that he needed to crack down on ransomware gangs in his country, there hasn’t been a massive attack like the one last May that resulted in gasoline shortages. But that’s small comfort to Ken Trzaska. Trzaska is president of Lewis & Clark Community College, […]
Shares fell in Asia on Friday after technology companies led Wall Street benchmarks lower as investors weighed the implications of higher interest rates, surging coronavirus cases and tensions between Beijing and Washington. Tokyo, Hong Kong, Shanghai declined, but shares rose in Sydney. U.S. shares dropped a day after the Federal Reserve said it’s preparing to […]
When social networking titan Facebook emerged to the scene back in 2004, no one predicted the global and social overtake of what soon became a digital and societal phenomenon. The impact this company had on a worldwide scale presented to other social networking companies, such as Twitter, Snapchat, and LinkedIn, the needed means to flourish […]
Japanese manufacturing titan, Panasonic, confirmed Friday its network has been infiltrated by a cyberattack directed at its access data, on November 11, by gaining entry via third party. In its statement, the company revealed that “some data on a file server had been accessed during the intrusion.” This marks the only information publicized by the […]