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The U.S. Treasury Department has "very serious concerns" about Facebook's new Libra cryptocurrency, according to Secretary Steve Mnuchin. "Libra could be misused by money launderers and terrorist financiers. Cryptocurrencies, such as Bitcoin, have been exploited to support billions of dollars of ill...
Every day we read stories about data breaches and cyberattacks on business and government websites, and the resulting the loss of personally identifiable information. Cybercrime is on the rise, and given the ever-evolving methods of attack, meaningful relief and reliable measures to fend off cybercr...
E-commerce checkout platform vendor Bolt has raised $68 million to help it increase its engineering team, invest in additional enterprise functionality, partner with best-in-breed e-commerce platforms, and build and expand advanced features and functionality. Bolt's platform combines checkout, payme...
A security researcher has found a flaw in the popular video conferencing app Zoom that could be used to turn on the camera on a Macintosh computer without a user's permission. The vulnerability allows any website to forcibly join a user to a Zoom call, with their video camera activated, without a us...
State motor vehicle departments have become a rich source of facial recognition data for and FBI and Immigration and Customs Enforcement agents. Researchers at Georgetown Law's Center on Privacy & Technology reportedly used public records requests to gather a cache of documents that show the age...
Over time, it's likely that we will develop new AI technology to identify and label deepfakes, but until then, we are on our own.
While good communication is pretty much universally beneficial, there are times when it's more so than others. One such time? During a cybersecurity incident. Incident responders know that communication is paramount. Even a few minutes might mean the difference between closing an issue vs. allowing...
Chinese hackers likely are behind a series of cyberattacks against telecommunications companies around the world, security researchers have reported. The campaign, dubbed "Operation Soft Cell," has been active since 2012, according to Cybereason. There is some evidence suggesting even earlier activi...
I sometimes think personalization is the best thing that happened to humankind in terms of marketing. As a consumer, I love getting suggestions on what to buy, especially when it's exactly what I need. Sometimes I feel as though I'm under constant surveillance, however, so I turn on my ad blockers, ...
Fraudsters have been stealing online advertisers blind -- to the tune of $23 billion, based on a report from Cheq. Indirect economic and social costs might increase the total to $30 billion. Marketers have been wasting billions of dollars on digital ads that never reach buyers' eyes. Up to 30 percen...
Payment processing company Stripe has launched Chargeback Protection, a machine learning-based system to limit the impact of fraudulent credit card transactions on merchants. A chargeback is a demand by a credit card provider for a retailer to make good on a fraudulent or disputed transaction by rep...
Building and sustaining a brand has gotten more challenging. The global marketplace, empowered by the Internet, has delivered a raft of opportunities to businesses, but it also has opened the door for challenges. These challenges include increased competition as the result of a wider market, and inc...
The U.S. Postal Service has announced a pilot project using self-driving trucks. It will conduct the two-week experiment in collaboration with TuSimple, an autonomous driving technology company based in San Diego. TuSimple's contract with the postal service calls for one of the company's self-drivin...
Are any of us at all surprised to learn that in just the first quarter of 2019 more than $1.2 billion worth of cryptocurrency was stolen? Probably not. This story follows the old line from bank robber Willie Sutton who is credited with saying that he robbed banks "because that's where the money is."
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