VirnetX Holding Corp. won $502.6 million against Apple Inc. after a federal jury in Texas said the maker of iPhones was infringing patents for secure communications, the latest twist in a dispute now in its eighth year.
VirnetX’s stock rose as much as 44 percent on the news in after hours trading. The company closed at $4.10 per share on Tuesday. Apple’s stock has seen little change on the news given that the $502.6 million award is minuscule compared to the company’s profits. The company generated $20 billion profit in the first quarter, the company said in February.Read more
The U.S. Department of Homeland Security wants to monitor hundreds of thousands of news sources around the world and compile a database of journalists, editors, foreign correspondents, and bloggers to identify top “media influencers.”
It’s seeking a contractor that can help it monitor traditional news sources as well as social media and identify “any and all” coverage related to the agency or a particular event, according to a request for information released April 3. The data to be collected includes a publication’s “sentiment” as well as geographical spread, top posters, languages, momentum, and circulation. No value for the contract was disclosed.Read more
The Trump administration has said it wants to start collecting the social media history of nearly everyone seeking a visa to enter the US.
The proposal, which comes from the state department, would require most visa applicants to give details of their Facebook and Twitter accounts. They would have to disclose all social media identities used in the past five years. About 14.7 million people a year would be affected by the proposals. The information would be used to identify and vet those seeking both immigrant and non-immigrant visas. Applicants would also be asked for five years of their telephone numbers, email addresses and travel history.Read more
A Canadian political data firm called AggregateIQ left a large code repository downloadable online, according to a security researcher, exposing the political data and microtargeting tools that various Republican campaigns used to try to influence voters in the United States' 2016 election cycle.
The exposed data reveals AIQ's ties to the embattled data analytics firm Cabridge Analytica -- and, by extension, its ties to the campaigns of conservative Texas politicians Sen. Ted Cruz and Gov. Greg Abbott. They also reveal AggregateIQ (AIQ)'s connection to Ukrainian steel magnate Serhiy Taruta, head Ukraine's newly formed Osnova party.Read more
The Trump administration has announced criminal charges and sanctions against nine Iranians accused of participating in a government-sponsored hacking scheme to steal sensitive information from hundreds of universities, private companies and US government agencies.
The nine defendants, accused of working at the behest of the Iranian government-tied Islamic Revolutionary Guard Corps, hacked the computer systems of about 320 universities in the United States and abroad to steal expensive research that was then used or sold for profit, prosecutors said.Read more
The Trump administration on Thursday blamed the Russian government for a campaign of cyber attacks stretching back at least two years that targeted the U.S. power grid, marking the first time the United States has publicly accused Moscow of hacking into American energy infrastructure.
Beginning in March 2016, or possibly earlier, Russian government hackers sought to penetrate multiple U.S. critical infrastructure sectors, including energy, nuclear, commercial facilities, water, aviation and manufacturing, according to a U.S. security alert published Thursday.Read more
Often, the best way to get something is to simply ask for it. That’s probably what the Israeli government thought when it sent an email to several American researchers and firms who make so-called zero-days, tools that take advantage of vulnerabilities in software that are unknown to the company that makes the software.
Experts have obtained a copy of the letter, which more than half a dozen sources described as unsolicited and unusual in how blunt and direct it was. Experts confirmed that at least five American firms received the letter, and multiple sources told us it was sent to many more.Read more
Thousands of websites, including those belonging to NHS services, the Student Loans Company and several English councils, have been infected by malware that forces visitors’ computers to mine cryptocurrency while using the site.
Late on Sunday, the website of the UK’s data protection watchdog, the Information Commissioner’s Office, was taken down to deal with the issue after it was reportedly infected by the malware. The cryptojacking script was inserted into website codes through BrowseAloud, a popular plugin that helps blind and partially-sighted people access the web. More than 5,000 websites have been flooded by the malware.Read more
A computer security exploit developed by the US National Security Agency and leaked by hackers last year is now being used to mine cryptocurrency, and according to cybersecurity experts the number of infections is rising.
Last April, a hacking group called the Shadow Brokers leaked EternalBlue, a Windows exploit that was developed by the NSA. Less than a month later, EternalBlue was used to unleash a devastating global ransomware attack called WannaCry that infected more than 230,000 computers in 150 countries. A month later, in June, the EternalBlue exploit was again used to cripple networks across the world in an even more sophisticated attack.Read more
Donald Trump’s national security team is looking at options to counter the threat of China spying on US phone calls that include the government building a super-fast 5G wireless network. The official said the option was being debated at a low level in the administration and was six to eight months away from being considered by the president himself.
The 5G network concept is aimed at addressing what officials see as China’s threat to US cyber security and economic security. The Trump administration has taken a harder line on policies initiated by predecessor Barack Obama on issues ranging from Beijing’s role in restraining North Korea to Chinese efforts to acquire US strategic industries.Read more