Thieves drain 2FA-protected bank accounts by abusing mobile networks

“The unidentified attackers exploited weaknesses in Signalling System No. 7, a telephony signaling language that more than 800 telecommunications companies around the world use to ensure their networks interoperate. SS7, as the protocol is known, makes it possible for a person in one country to send text messages to someone in another country. It also allows phone calls to go uninterrupted when the caller is traveling on a train.  The same functionality can be used to eavesdrop on conversations, track geographic whereabouts, or intercept text messages.”

Read more: https://arstechnica.com/security/2017/05/thieves-drain-2fa-protected-bank-accounts-by-abusing-ss7-routing-protocol/

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I never knew how screwed up global banking was until I started my own bank

“You can imagine my surprise when I found out that SWIFT runs on Windows Vista – an obsolete operating system that Microsoft no longer supports.  When my bank received its SWIFT code, we were told that we had to have a computer running Vista in the office in order to connect to SWIFT.  It was such an absurd exercise to find an obsolete computer running an obsolete operating system to connect to the supposedly most advanced and important international payment network in the world.  Unsurprisingly, SWIFT has been hacked numerous times, both by the NSA as well as private hackers who have stolen a great deal of money from their victims.”

Read more: https://www.sovereignman.com/trends/i-never-knew-how-screwed-up-global-banking-was-until-i-started-my-own-bank-21494/

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Facebook and Google confirmed as victims of $100M phishing scam

“Last month, the Department of Justice charged a Lithuanian man for fraud, aggravated identity theft, and money laundering after documents revealed he scammed two major tech companies for over $100 million by masquerading as a Taiwanese electronics manufacturer. A Fortune report this week identified those two affected companies as Facebook and Google.”

Read more: http://www.theverge.com/2017/4/28/15468828/facebook-google-phishing-scam-rimasauskas

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American Authorities Considering Personal Electronics Ban for UK Flights

The Guardian has revealed that the Trump administration is contemplating a laptop ban on US-bound passengers traveling from UK airports. If imposed, this new ban would mean that travelers headed to the US from the United Kingdom would be unable to bring laptops and possibly other electronic devices into the cabin as part of their carry-on luggage.  However, these bans have been met with widespread criticism by professionals within the technology sector.”

Read more: http://www.flyertalk.com/articles/american-authorities-considering-laptop-ban-for-us-bound-uk-travelers.html

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Bose accused of spying on end users, data mining via headphone app

“According to plaintiff Kyle Zak, the spying began when Bose released a mandatory Bose Connect application that all users must install to ‘fully operate its wireless products.’ What Bose didn’t draw much attention to, according to the suit, is that Bose Connect collects data on all the musical content or audio books that you listen to on its headphones. As the suit notes, this is a major invasion of privacy.”

Read more: https://www.extremetech.com/internet/248010-bose-accused-spying-end-users-data-mining-private-records-via-headphone-app

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British visitors to US to be ‘asked’ for passwords and phone contacts at airports

British visitors to the US may be asked for social media usernames and passwords and their phone’s address book under new border checks being considered at US airports.  The Trump administration is considering ‘extreme vetting’ scenarios in which even tourists from US allies such as the UK, France and Germany are subject to intense security checks, according to the Wall Street Journal.  ‘We will do it when we think there’s a reason to do it,’ US Homeland Security Secretary John Kelly told a US Senate committee hearing last week.”

Read more: http://www.telegraph.co.uk/technology/2017/04/10/british-visitors-us-may-asked-passwords-phone-contacts-airports/

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New York: Facebook Can’t Challenge Demands for User Data, Or Gag Orders

“Facebook is not allowed to tell their users that law enforcement is taking their data. And Facebook is not allowed to challenge these orders on behalf of their users.  So in true kangaroo court fashion, the only people able to challenge the government are those forbidden from being told that the government is investigating them. Well isn’t that convenient for prosecutors.  How are gag orders even Constitutional? You would think things like free speech and the right to know your accuser might cover that. But again, the government plays by no rules.”

Read more: http://www.thedailybell.com/news-analysis/court-rules-facebook-cant-challenge-demands-for-user-data-and-cant-tell-users/

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New Bill Would Outlaw Warrantless Border Phone Searches Of U.S. Citizens

“Four privacy-minded lawmakers have introduced legislation requiring law enforcement officials to obtain a warrant before searching phones belonging to US citizens, and prohibiting them from barring entry to Americans who decline to share their passwords at the border.  ‘Americans’ Constitutional rights shouldn’t disappear at the border,’ Senator Ron Wyden said in statement to BuzzFeed News.”

Read more: https://www.buzzfeed.com/hamzashaban/new-bill-would-outlaw-warrantless-phone-searches-at-the

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IRS Targets Cancer Survivor for Donations that Saved Her Life

“While the cancer is in remission, Charf is still struggling with the deadly disease – and is now being pursued by an equally deadly and persistent stalker, the Internal Revenue Service. A few weeks ago, the IRS sent Charf – who is now a mother – a notice claiming that the donations that had paid for her treatment were considered income, and demanding more than $15,000 in back taxes and more than $3,500 in penalties.”

Read more: http://www.libertynewsdaily.com/blog-3887-IRS-Targets-Cancer-Survivor-for-Donations-that-Saved-Her-Life

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Trump Administration Suspends Expedited H-1B Visa Approvals

“The H-1B non-immigrant visa allows U.S. companies to employ graduate-level workers in several specialized fields, including information technology, medicine, engineering and mathematics.  USCIS said that during the suspension period, individuals still can request expedited consideration, but must meet certain criteria, such as humanitarian reasons, an emergency situation or the prospect of severe financial loss to a company or said individual. The United States currently caps H-1B visas at 65,000 a year, with an additional 20,000 allowed for those who have earned advanced college degrees in the United States.”

Read more: http://www.nbcnews.com/news/us-news/trump-administration-suspends-expedited-h-1b-visa-approvals-foreign-workers-n729101

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