South Africa’s surveillance act RICA unconstitutional, inconsistent finds Court

The South Gauteng High Court has found that parts of the Regulation of Interception of Communications and Provision of Communication-Related Information (RICA) Act are unconstitutional. In April 2017, media group amaBhungane filed an application in the High Court challenging the constitutionality of the act. This, after it emerged that journalist Sam Sole’s communications were intercepted …

State of the Web Report Finds 98 Percent of U.S. Alexa 1000 Websites Are Inadequately Secured Against Magecart and Other Advanced Attacks

Tala Security, the provider of security solutions protecting enterprise websites and web applications against advanced client-side attacks like Magecart, today announced the Tala 2019 State of the Web Report. The report, which tested U.S. websites within the Alexa 1000 ranking, educates enterprises about the critical and under-recognized security threats related to their web assets and …

‘Norman’ cryptojacking malware hides and exploits the processing power of infected PCs

A newly-discovered form of cryptocurrency-mining malware is capable of remaining so well-hidden that researchers investigating it found that it had spread to almost every computer at a company that had become infected. Dubbed ‘Norman’ due to references in the backend of the malware, the cryptojacker has been detailed by cybersecurity researchers at Varonis. The Monero-cryptomining …

Broadcom acquires $10.7 billion stake in Symantec’s enterprise security portfolio

Broadcom is buying Symantec’s enterprise security business for $10.7 billion, the companies announced Thursday. The deal effectively splits Symantec in two, with Broadcom taking ownership of its entire enterprise security portfolio and the Symantec brand name. Symantec will retain its consumer-facing product portfolio, which includes the the LifeLock identity-protection brand and Norton antivirus software. The …

Seattle native charged with 100 million credit applications data theft made with Capital One Financial Corp

Federal prosecutors this week charged a Seattle woman with stealing data from more than 100 million credit applications made with Capital One Financial Corp. Incredibly, much of this breach played out publicly over several months on social media and other open online platforms. What follows is a closer look at the accused, and what this …

Amazon’s cloud computing business is slowing down

The company posted its second-quarter earnings today (July 25), and Amazon Web Services (AWS), its cloud-computing division, generated $8.3 billion in the quarter, a jump of more than 35% over the same quarter last year. Cloud services, a business Amazon originally entered to support its own infrastructure, has become incredibly fruitful for the online retailer. …

Couple loses tens of thousands in Bitcoin investment scam, cryptocurrency losses grow

Nick Yeomans and his wife Josie thought they had hit the jackpot when a Bitcoin investment they made tripled in six months. To the amateur investors, the cryptocurrency trader they had found, Coinexx.org, seemed too good to be true. Slowly, they poured more money into their account, and were met with greater returns. They convinced …