Bitcoin prices rose sharply yesterday after months of downfall, showing that bullish sentiment has returned to the digital currency markets. “The bulls are back in charge,” said analyst Charles Hayter, who pointed to Bitcoin’s robust intraday gain and a short squeeze taking place on Bitfinex. The world’s largest cryptocurrency reached $8,055.20, climbing almost 20% in less than six …
“A multi-billion dollar social media platform saying it is sorry simply is not enough,” Andrea Jelinek, chair of the group of EU data protection authorities, said in a statement on Thursday. Facebook has ben faced with touch choices and a resulting congressional appearance after it was revealed that billions of data were used illegally by …
Through the General Data Protection Regulation (GDPR) that comes into effect across the European Union on May 25, the European Union is preparing to enforce a sweeping new data protection law that gives consumers much more control over how their personal details are used. Companies are scrambling to comply. Going forward, companies that sell goods …
The Guardian reports that United Kingdom and US lawyers have launched a joint class action against Facebook, Cambridge Analytica and two other companies SCL Group Limited and Global Science Research Limited (GSR). for allegedly misusing the personal data of more than 71 million people. The lawsuit claims the firms obtained users’ private information from the …
Researchers at Kaspersky Lab have uncovered multiple android based malicious cryptocurrency-mining applications being distributed via the Google Play store, with the miners posing as games, sports streaming apps, and VPNs. Some of these have been downloaded more than 100,000 times. While the applications appear to provide legitimate functions, their real purpose is to secretly use …
Paris, April 5, 2018: Internet Without Borders is alarmed by the current shutdown of social media platforms and messaging services including Facebook Messenger, WhatsApp, Viber and important news website such as BBC, in Chad. This new case of censorship comes just a few days after Internet Without Borders and partners submitted a report to the UN Human …
Facebook Inc admitted on Wednesday the personal information of up to 87 million users, mostly in the United States, may have been improperly shared with political consultancy Cambridge Analytica, up from a previous news media estimate of more than 50 million. The source of this vulnerability is Facebook’s search function, which allows anyone to look …
After a four year investigation, Europol announced it has arrested the suspected leader of a crime syndicate that stole $1.2 billion from over 100 banks in more than 40 countries using malware. According to Europol, the suspect was arrested by the Spanish National Police in Alicante, Spain, with support from the FBI, Romanian, Belarusian, and …
The US Federal Trade Commission (FTC) is investigating Facebook’s privacy practices after a series of scandals revealed the company’s failure to protect the personal information of millions of users. This investigation follows widespread public outrage. “The FTC takes very seriously recent press reports raising substantial concerns about the privacy practices of Facebook,” said Tom Pahl, …
Google is requesting that web publishers provide it with the necessary consents to continue gathering personal information from Europeans for targeted ads as it gears up for the impending arrival of toughened data privacy laws. The General Data Protection Regulation (GDPR) comes into force on 25 May after which companies will be obligated to obtain …