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UK Government Might Use Bitcoin Technology
The British government is currently considering using the blockchain technology on which the Bitcoin currency is based in order to increase efficiency in the distribution of taxpayers’ money. As you might know, a blockchain operates as a decentralized ledger verified by a network of computers. The blockchain can be used to record data and secure and validate an exchange of assets
Global Financial Network Hacked, $80m Stolen
The Society for Worldwide Interbank Financial Telecommunication (Swift), the international bank transfer system used to transfer billions of dollars on a daily basis, has recently warned its customers of “a number of cyber incidents” where intruders had sent fraudulent messages over Swift system. Swift is a cooperative owned by 3,000 financial institutions
FBI Will not Tell Apple How It Hacked iPhone
A few weeks ago, the Federal Bureau of Investigation purchased a hacking tool for $1.3m to break into the iPhone from the San Bernardino shooting case. However, the agency wasn’t sure what exactly it paid for. Soon after the successful hack, the FBI claimed it wouldn’t tell Apple about the security flaw that made it possible. The agency explained that it didn’t buy the rights to the technical details of the hacking tool.
Facebook Corporate Network Was Hacked
Cyber attackers have had access to Facebook’s internal corporate network for several months, including access to Facebook’s employee usernames and passwords. The breach was conducted in July and September 2015 and possibly in February 2016 and was discovered by a security researcher during penetration testing on the tech giant’s corporate network.
Motley Crue Co-Founder Criticized YouTube over Music Royalties
Nikki Sixx is another musician to criticize the streaming service over the royalties paid out for music video streams. Motley Crue co-founder’s call for YouTube to pay more to artists is part of a campaign by prominent musicians, where pressure will be put first on YouTube, then on legislators of the United States
Kim Dotcom Fights His Own Service
The war between Kim Dotcom and the site he founded, Mega, escalates. A few days ago, Dotcom warned Mega users to back up their files. In response, MEGA criticized the entrepreneur's business plans, pointing out that Dotcom’s MegaNet project has failed to materialize. Dotcom replied that Mega is losing a million dollars per month.
British Government Considers 10-Year Imprisonment for Online Pirates
The government of the United Kingdom is going to ask the Parliament to increase custodial sentences up to 10 years for online piracy, at the same time ensuring the protection of unwitting pirates.
Swedish ISP Promised to Protect Subscribers from Copyright Trolls
Swedish ISP Bahnhof claimed it would do its best to prevent copyright owners from threatening its customers. This claim follows a recent case where a competing broadband provider was ordered to expose alleged BitTorrent pirates without any thorough evidence.
US Government Dropped Another iPhone Case
The US authorities gave up their attempts to force Apple to unlock one of its iPhones in another court case after being given a passcode. Apparently, someone had given investigators the passcode to a device linked to a drug investigation.
China Blocked iTunes Movies and iBooks
iPhone and MacBook maker has confirmed that a range of its services, including iTunes Movies and iBooks, have just become unavailable in the country. The official statement followed the reports that Chinese authorities had ordered them to be taken offline. Apple also announced that the company hoped to make books and movies available again to its customers in China as soon as possible
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