Friday, November 24, 2017

So is this “Insider Trading?” How did it change the deal?
SoftBank Knew About Uber’s 2016 Hack Before The Public Did
SoftBank knew about the massive hack Uber suffered in late 2016 before details of the incident were publicly revealed on Tuesday, the ride-hailing company confirmed in a statement issued to Bloomberg. The breach that compromised approximately seven million drivers and 50 million riders was disclosed to the Japanese conglomerate as part of its due diligence investigation into the world’s most valuable startup which it intends to back with around $10 billion in the near future, seeking to gain at least a 14 percent stake in it. As per a statement from an Uber official, the information that was given to SoftBank was still “incomplete” as the firm didn’t conclude its investigation into the matter at that time, but the management opted for disclosure in an effort of negotiating with a potential investor in good faith.




Interesting, but when every website alerts you I suspect most people will remove the addon.
HackRead reports:
Mozilla is joining hands with popular data breach notification website HaveIBeenPwned.com (HIBP) to send an in-browser alert to Firefox browser users if they are visiting a site that was previously hacked and whether their login credentials have been involved in a data breach.
“This is an addon that I’m going to be using for prototyping an upcoming feature in Firefox that notifies users when their credentials have possibly been involved in a data breach,” Mozilla developer Nihanth Subramanya wrote in his Github repository.
Read more on HackRead.




Something for my Computer Security students to ponder.
Security Sense: You Can Outsource the Work but Never the Risk




“Welcome to the US, land of the free. Here’s how we’ll be tracking your every move.” So these are “High Risk” visitors that still qualify for a visa?
ICE asks tech companies to help them track visa holders on social media
… ICE officials explained at a conference last week that they are hoping to develop algorithms that would assess potential threats posed by visa holders, and conduct social media surveillance of those deemed high risk. Microsoft, Deloitte and Motorola Solutions were among the companies in attendance.
… Carissa Cutrell, a spokeswoman for ICE, told ProPublica that the Department of Homeland Security has not actually begun building such a program, but was simply gathering information from industry leaders.
ICE officials told tech companies last week that the department hopes to get automated notifications about any visa holders’ social media activity. ICE already monitors some social media posts, but plans to expand its operation.


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