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News in Computers > Internet on 05/10/2013
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New posts Exclusive: SoftBank asks banks not to finance Dish's Sprint bid 0 Yahoo! Tech/Internet News RSS | Source 9 05/10/2013 at 20:54:50

Softbank Corp's logo is pictured at its branch in TokyoBy Soyoung Kim and Olivia Oran NEW YORK (Reuters) - SoftBank Corp is playing it rough in its attempt to keep Dish Network Corp from breaking up its $20.1 billion deal to take control of Sprint Nextel Corp. The Japanese telecom company, which owns 33 percent of Alibaba Group Holding Ltd, has told banks that their financing of Dish's $25.5 billion rival offer for Sprint could hurt their chances of landing a role in a highly anticipated public offering of the Chinese e-commerce giant, two sources familiar with the situation said. SoftBank, Dish and Sprint declined to comment. ...


New posts Prepaid debit cards: a weak link in bank security 0 Yahoo! Tech/Internet News RSS | Source 12 05/10/2013 at 19:40:01
By Emily Flitter and Tanya Agrawal (Reuters) - A brazen gang of cyber criminals, who stole $45 million from bank ATMs in 27 countries, exposes an Achilles heel in the global financial industry: prepaid debit cards. Cyber security experts and industry analysts say the burgeoning use of prepaid debit cards for everything from gift certificates to disaster relief handouts is making it easier for hackers to withdraw large amounts of money before detection. Prepaid cards have fewer controls on them than on regular credit and debit cards issued by banks. ...
New posts Exclusive: Elon Musk quits Zuckerberg's immigration advocacy group 0 Yahoo! Tech/Internet News RSS | Source 4 05/10/2013 at 18:39:32

CEO of Tesla Motors and SpaceX Musk speaks during a session titled "To Infinity and Beyond: Skoll talks with Elon And Kimbal Musk" at the Milken Institute Global Conference in Beverly Hills, CaliforniaBy Sarah McBride and Alina Selyukh SAN FRANCISCO/WASHINGTON (Reuters) - Billionaire environmentalist Elon Musk has quit a Silicon Valley advocacy group formed by Facebook founder Mark Zuckerberg after the group funded ads for senators touting their support for an oil pipeline and oil drilling in Alaska. Musk leads one of the world's best known "green" companies, electric carmaker Tesla. A Tesla spokeswoman told Reuters on Friday that the South African-born entrepreneur preferred not to elaborate on his reasons for leaving FWD.us. Zuckerberg announced the formation of FWD. ...


New posts U.S. appeals court issues divided ruling in software patent case 0 Yahoo! Tech/Internet News RSS | Source 4 05/10/2013 at 17:29:53
By Erin Geiger Smith (Reuters) - A federal appeals court on Friday ruled that Australia's Alice Corp does not hold valid patents on a computerized trading platform, but it remained unclear how the decision would affect other software patents. The software industry had been watching the case for a clue to legal protection of intellectual property rights that generate much of the sector's profits. But the U.S. Federal Circuit Court of Appeals failed to reach a consensus on how to determine what software is patentable. ...
New posts Exclusive: Softbank asks banks not to finance Dish's Sprint bid - sources 0 Yahoo! Tech/Internet News RSS | Source 5 05/10/2013 at 17:24:17

Softbank Corp's logo is pictured at its branch in Tokyo(Reuters) - SoftBank Corp has asked investment banks not to finance a rival bid for Sprint Nextel Corp by Dish Network Corp, saying doing so could hurt their chances of gaining a coveted role in the highly anticipated public offering of Alibaba Group Holding Ltd, according to two people with knowledge of the matter. Japanese telecom giant SoftBank, which is a big shareholder in Chinese e-commerce giant Alibaba with a 33 percent stake, is locked in an escalating bidding war with Dish, after the U.S. satellite TV provider made a $25.5 billion proposal for Sprint in April. ...


New posts Apple said to be mulling single warranty for multiple devices 0 CNET news.com - Digital Life News RSS | Source 9 05/10/2013 at 17:01:44
Apple is planning a sizable revamp to its AppleCare warranty plans for the fall, says a report from AppleInsider.
New posts Defense Department to let Apple devices onto Pentagon network 0 CNET news.com - Digital Life News RSS | Source 9 05/10/2013 at 16:59:20
The department expects to clear the devices for use on its network early next week, according to a report.
New posts Bloodless bank heist impressed cybercrime experts 0 Yahoo! Computer Security RSS | Source 5 05/10/2013 at 16:42:20

In this undated photo provided by the United States Attorney’s Office for the Southern District of New York, Elvis Rafael Rodriguez, left, and Emir Yasser Yeje pose with bundles of cash allegedly stolen using bogus magnetic swipe cards at cash machines throughout New York. Prosecutors in New York on Thursday, May 9, 2013 said that they are members of worldwide gang of criminals who stole $45 million in hours by hacking into a database of prepaid debit cards and draining cash machines around the globe. An indictment unsealed Thursday accused U.S. cell ringleader Alberto Yusi Lajud-Pena and seven other New York suspects of withdrawing $2.8 million in cash from hacked accounts in less than a day. (AP Photos/U.S. Attorney’s Office for the Southern District of New York)NEW YORK (AP) — A bloodless bank heist that netted more than $45 million has left even cybercrime experts impressed by the technical sophistication, if not the virtue, of the con artists who pulled off a remarkable internationally organized attack.


New posts Apple's two-step ID verification expands to more countries 0 CNET news.com - Digital Life News RSS | Source 7 05/10/2013 at 16:01:39
More than a dozen new countries now have access to a stringent security measure designed to keep Apple IDs safe.
New posts Alleged Dominican head of New York ATM thefts was shot dead 0 Yahoo! Computer Security RSS | Source 5 05/10/2013 at 15:48:59

A woman looks at a map showing where eight members belonging to a New York-based cell of a global cyber criminal organization withdrew money from ATM machines, during a news conference in New YorkBy Manuel Jimenez SANTO DOMINGO (Reuters) - An alleged leader of the New York arm of a global cyber crime ring, which stole $45 million from two Middle Eastern banks, was shot dead during an attempted robbery in the Dominican Republic last month, Dominican police said on Friday. Alberto Lajud-Pena, 23, was killed on April 27 in a house in the city of San Francisco de Macoris about 100 miles northeast of the capital, Santo Domingo, according to police. ...


New posts Why no iTunes for Windows 8 shouldn't surprise you 0 CNET news.com - Digital Life News RSS | Source 4 05/10/2013 at 21:50:31
Microsoft says Apple's showing no signs of wanting to bring its popular jukebox software to Windows 8, but this was obvious.
New posts Germany arrests two Dutch citizens in cyber bank heist 0 Yahoo! Tech/Internet News RSS | Source 5 05/10/2013 at 13:40:52

Lynch, United States Attorney for the Eastern District of New York, speaks at a news conference in New YorkBy Alexander Hübner FRANKFURT (Reuters) - German prosecutors said on Friday they had arrested two Dutch citizens suspected of involvement in a $45 million global cyber heist unveiled the previous day by U.S. authorities. A 35-year-old man and a 56-year-old woman were caught on February 19 withdrawing 170,000 euros ($220,500) in Düsseldorf using Bank of Muscat credit cards. In total, $2.4 million dollars had been withdrawn in seven German cities, the prosecutors said. On Thursday, U.S. ...


New posts Iran says nuclear sites safe from earthquakes and cyber threat 0 Yahoo! Computer Security RSS | Source 5 05/10/2013 at 12:43:45

Vice President of Iran Mohammadizadeh pauses during an interview with Reuters in GenevaBy Tom Miles GENEVA (Reuters) - Iran's nuclear and hydropower facilities are well protected from cyber attacks and even the most powerful earthquakes, Iranian environmental protection chief Mohammad-Javad Mohammadizadeh said on Friday. Iran's only nuclear power reactor at Bushehr was unscathed when a strong earthquake that killed 37 people and injured 850 hit close to the site last month, Iranian officials and the Russian company that built it said. ...


New posts Techno-circus brings robots, lasers to the big tent 0 CNET news.com - Digital Life News RSS | Source 5 05/10/2013 at 12:43:08
Start clowning around. The interactive STEAM Carnival aims to reimagine the classic circus with high-tech games and digital art aimed at sparking kids' passion for creative science and engineering.
New posts Twitter eyes big business in Brazil's World Cup, Olympics 0 Yahoo! Tech/Internet News RSS | Source 5 05/10/2013 at 11:54:00

Adam Bain, Twitter's president of global revenue, stands in a conference room at his company's San Francisco headquartersBy Esteban Israel SAO PAULO (Reuters) - While Brazil struggles to finish its stadiums in time for the 2014 World Cup, Twitter is already working to cash in on what the U.S. company's head of revenue, Adam Bain, sees as a potentially huge business opportunity. Robust consumer spending, growth potential from still-low Internet penetration and fast adoption of smart phones have turned this nation of 194 million people into an attractive market for Twitter and other online giants. ...


New posts Global network of hackers steals $45M from ATMs 0 Yahoo! Computer Security RSS | Source 7 05/10/2013 at 11:15:05

Global network of hackers steals $45M from ATMsThe sophistication of a global network of thieves who drained cash machines around the globe of an astonishing $45 million in mere hours sent ripples through the security world, not merely for the size ...


New posts Germany arrests two Dutch suspected of cyber crime bank heist 0 Yahoo! Computer Security RSS | Source 5 05/10/2013 at 11:09:15
FRANKFURT (Reuters) - German prosecutors said on Friday they had arrested two Dutch people suspected of involvement in a global cyber theft of $45 million from two Middle Eastern banks. On Thursday U.S. prosecutors said a criminal gang had withdrawn the money from cash machines in 27 countries. The Duesseldorf prosecutor's office said a 35-year-old male and a 56-year-old woman had been caught on February 19 withdrawing 170,000 euros in Duesseldorf using Bank of Muscat credit cards. In total, $2.4 million dollars had been withdrawn in seven German cities. ...
New posts Setanta, ESPN couldn't make UK footie TV work. How will BT Sport? 0 TheRegister Internet RSS | Source 4 05/10/2013 at 14:17:10

By giving it all away? Um, let's take a look

Having acquired the TV rights to top-flight sports for £736m, BT is to give much of it away to its broadband punters at no extra cost - or indeed to anyone who wants to pony up just a few quid a week.…

New posts UAE's RAKBANK says no clients lost money in cyber fraud 0 Yahoo! Tech/Internet News RSS | Source 9 05/10/2013 at 09:38:21

Lynch, United States Attorney for the Eastern District of New York, speaks at a news conference in New YorkDUBAI (Reuters) - A Middle Eastern bank that fell victim to a major cyber fraud said on Friday that none of its customers had lost any money in a scam which it believed had also caught up lenders in the United States and beyond. National Bank of Ras Al Khaimah (RAKBANK) said the fraud had happened at the end of last year and resulted in losses of around $4.7 million for the United Arab Emirates-based lender. U.S. ...


New posts The IT Crowd returns to Channel 4 for a final episode 0 TheRegister Internet RSS | Source 8 05/10/2013 at 12:55:10

Hello, IT, have you tried turning it off and on again?

Cult comedy the IT Crowd is set to return to our screens for one last hurrah, with filming for a final episode understood to start in weeks.…

New posts Booming 'zero-day' trade has Washington cyber experts worried 0 Yahoo! Computer Security RSS | Source 10 05/10/2013 at 07:02:18

In this Feb. 20, 2013 photo, a cadet works at a computer inside a classroom at the Center for Cyberspace Research, where cyber warfare is taught, at the U.S. Air Force Academy, in Colorado Springs, Colo. The U.S. service academies are ramping up efforts to groom a new breed of cyberspace warriors to confront increasing threats to the nation’s military and civilian computer networks that control everything from electrical power grids to the banking system. (AP Photo/Brennan Linsley)By Joseph Menn WASHINGTON (Reuters) - The proliferation of hacking tools known as zero-day exploits is raising concerns at the highest levels in Washington, even as U.S. agencies and defense contractors have become the biggest buyers of such products. White House cybersecurity policy coordinator Michael Daniel said the trend was "very worrisome to us." Asked if U.S. government buying in the offensive market was adding to the problem, Daniel said more study was needed. "There is a lot more work to be done in that space to look at the economic questions... ...


New posts Special Report: U.S. cyberwar strategy stokes fear of blowback 0 Yahoo! Computer Security RSS | Source 8 05/10/2013 at 07:00:55

Security researcher Miller holds two circuit boards at his home-office in Wildwood, MissouriBy Joseph Menn WASHINGTON (Reuters) - Even as the U.S. government confronts rival powers over widespread Internet espionage, it has become the biggest buyer in a burgeoning gray market where hackers and security firms sell tools for breaking into computers. The strategy is spurring concern in the technology industry and intelligence community that Washington is in effect encouraging hacking and failing to disclose to software companies and customers the vulnerabilities exploited by the purchased hacks. That's because U.S. ...


New posts The great ATM heist: How thieves brazenly stole $45 million in a few hours 0 Yahoo! Computer Security RSS | Source 7 05/10/2013 at 05:23:00

New York City ATMs were hit up for $2.8 millionPolice say a group of hackers and street thieves in 27 countries nabbed a fortune without setting foot in a single bank


New posts 10 things you need to know today: May 10, 2013 0 Yahoo! Computer Security RSS | Source 11 05/10/2013 at 04:25:00

Ariel Castro stands with his head down during his arraignment on kidnapping and rape charges on May 9 in Cleveland.Prosecutors consider seeking the death penalty for Cleveland abduction suspect, hackers loot $45 million from ATMs, and more


New posts Quotations of the day 0 Yahoo! Computer Security RSS | Source 5 05/10/2013 at 03:58:16
"Once you see a large attack like this, that they made off with $45 million, that's going to wake up the cybercrime community." — Ken Pickering, who works in security intelligence at CORE Security, after U.S. prosecutors say a worldwide gang of criminals stole millions by hacking their way into a database of prepaid debit cards and then draining ATMs around the globe.
New posts Global network of hackers steal $45m from ATMs 0 Yahoo! Computer Security RSS | Source 8 05/10/2013 at 03:31:10

In this undated photo provided by the United States Attorney’s Office for the Southern District of New York, Elvis Rafael Rodriguez, left, and Emir Yasser Yeje, pose with bundles of cash allegedly stolen using bogus magnetic swipe cards at cash machines throughout New York. Prosecutors in New York on Thursday, May 9, 2103 said that they are members of worldwide gang of criminals who stole $45 million in hours by hacking into a database of prepaid debit cards and draining cash machines around the globe. An indictment unsealed Thursday accused U.S. cell ringleader Alberto Yusi Lajud-Pena and seven other New York suspects of withdrawing $2.8 million in cash from hacked accounts in less than a day. (AP Photos/U.S. Attorney’s Office for the Southern District of New York)NEW YORK (AP) — The sophistication of a global network of thieves who drained cash machines around the globe of an astonishing $45 million in mere hours sent ripples through the security world, not merely for the size of the operation and ease with which it was carried out, but also for the threat that more such thefts may be in store.


New posts El Reg drills into Google's search biz offer to Europe 0 TheRegister Internet RSS | Source 4 04/26/2013 at 09:24:17

Mountain View wants to choose its EU inspector

Analysis Google's formal offer of concessions to European Commission competition officials - over allegations that the ad giant had abused its dominance of the search market in the EU - have finally been made public.…

New posts 'Facebook, Twitter, Google: Ad companies masquerading as tech ones' 0 TheRegister Internet RSS | Source 5 04/26/2013 at 06:58:07

Says cross advertising man (not pickled herring)

The boss of Britain's largest advertising company has slammed Google, Facebook and Twitter for being "media owners masquerading as tech companies".…

New posts Announcement of 'churnalism detector' gets furiously churned 0 TheRegister Internet RSS | Source 6 04/26/2013 at 06:04:21

From the secretive mob who gave you the Min of Truth

"Churnalism" - it's terrible stuff, isn't it? When so-called journalists pick up a press release or announcement from an organisation and simply reprocess it (perhaps even cutting and pasting chunks or the whole thing verbatim), adding nothing and doing no useful analysis or investigation before placing it in front of their readers.…