Today’s Tech Sightings: Ransomware Bosses Make $90K Annually A recent study found that Russian ransomware bosses “earn” US$90,000 a year. That’s 13 times the average income of people who were taught that crime doesn’t pay. The availability of Ransomware as a Service (RaaS) business model is saving hackers a lot of money and accelerating the […]
Ransomware Bosses Earn Big Bucks; N. Korea Hacks 140,000 PCs
Posted June 14th, 2016 at 12:02 pm (UTC-5)
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Foxconn Nabs Nokia Dumbphone Brand; LinkedIn Data Posted for Sale
Posted May 18th, 2016 at 11:48 am (UTC-5)
Today’s Tech Sightings: Why a Taiwanese Company Is Paying $350 Million to Build Nokia Dumbphones Microsoft announced Wednesday it is selling its featurephone Nokia brand to Foxconn, a Taiwanese smartphone manufacturer best known as the manufacturer of iPhones. Old fashioned featurephones, also known as dumbphones, are still very popular around the world and show no […]
US Congress Targeted With Ransomware; Facebook Denies Censoring Content
Posted May 10th, 2016 at 12:45 pm (UTC-5)
Today’s Tech Sightings: Congress Warned About Cybersecurity After Attempted Ransomware Attack on House The U.S. House of Representatives’ technology staff warned legislators that their third-party email apps were increasingly being targeted by malware attacks. In an internal email obtained by TechCrunch, the staff advised legislators that access to YahooMail and Gmail will be blocked on […]
Bangladesh Cyber Heist Biggest on Record; Google AI Beats Human 4-1
Posted March 15th, 2016 at 11:52 am (UTC-5)
Today’s Tech Sightings: Manila Man Gets $30 Million Cash From Cyber Heist; Bangladesh Central Bank Governor Quits Bangladesh’s central bank governor Atiur Rahman resigned Tuesday, succumbing to demands for accountability after the bank lost $81 million to cybercriminals. About $30 million of the money was delivered in cash to a Philippines casino operator in Manila. […]
Japan’s Robot Hotel; Mobile Money; Street View Bangladesh
Posted February 5th, 2015 at 2:17 pm (UTC-5)
Can Mobile Banking Revolutionize the Lives of the Poor? Kenya’s mobile payment system, M-PESA, introduced in 2007, enriched the lives of Kenyans and gradually spread to other countries. M-PESA allows cellphone users to save and transfer money and use SMS to exchange funds over the network. But will mobile money actually transform the lives of […]