Is Microsoft coming to TikTok's rescue? It appears that's a very strong possibility following President Donald Trump's threat Friday to ban the app in the U.S. Microsoft hasn't committed to buying part of TikTok, but says if it did, it would bring the popular app world-class security and privacy protections.
The hackers who hijacked 130 high-profile Twitter accounts as part of a cryptocurrency scam earlier this month used a telephone-based spear-phishing attack to obtain employee credentials, the social media company says.
Federal prosecutors have filed a superseding indictment with additional charges against two former Twitter employees and a Saudi national who were originally charged in November. They're alleged to have gathered data on behalf of the Saudi Arabian government.
The latest edition of the ISMG Security Report analyzes the hacking of high-profile Twitter accounts. Also featured: Addressing security when offices reopen; the role of personal protective equipment, or PPE, in money laundering during the pandemic.
A Dutch lawmaker's Twitter account is among 36 that had some personal data compromised earlier this month when hackers targeted 130 verified accounts and launched a cryptocurrency scam. The politician told Reuters his direct messages were accessed.
An Iranian-backed hacking group appears to have accidentally left over 40 GB of training videos and other material exposed online, according to researchers at IBM, who found the unprotected server. The material includes videos describing attacks aimed at U.S. Navy and State Department personnel.
While the Wednesday hijacking of several high-profile and verified Twitter accounts appears to have been confined to a cryptocurrency scam, security experts are warning that the platform's security failures could lead to bigger attacks down the road.
Several prominent business executives and politicians, including Joe Biden, Elon Musk and Bill Gates, had their Twitter accounts hijacked in what appears to be a cryptocurrency scam, according to news reports. Some security experts believe that two-factor authentication protections failed.
Wells Fargo, the fourth largest bank in the U.S., has directed employees to remove the TikTok social media app from their company-issued devices, citing security concerns. The news comes after Amazon sent mixed signals to its employees about use of the social media app.
Enterprises need to move away from manual threat detection methods to leverage artificial intelligence, which can help boost defenses, says Dr. Jassim Haji, president of Artificial Intelligence Society, Bahrain Chapter.
The latest edition of the ISMG Security Report discusses Europol's launch of the European Financial and Economic Crime Center, and also details the London Met's perspective on recent cybercrime trends, and to need to maintain a paper audit trail for mobile voting.
Nearly 10 months after Facebook and the FTC agreed to a record-setting $5 billion settlement over misuse of user data, a federal judge has finally signed off on the deal, while questioning the adequacy of laws governing major technology firms.