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Monday - July 6, 2015
Fireworks of a different kind rocked the security world this Fourth of July weekend, when news surfaced that hackers breached Hacking Team, an Italy-based firm that develops malware for sale to governments and law enforcement. The attackers exposed 400 GB of data stolen from its servers, including sales records, according to reports. "It appears [Hacking Team] were compromised through social engineering, and data was exfiltrated via a system administrator's laptop," said Jonathan Cran, VP of Operations at Bugcrowd. [More...]

Monday - July 6, 2015
The Future of Life Institute on Monday announced 37 winners of grant funding provided by Elon Musk and the Open Philanthropy Project. Musk contributed $10 million toward the effort. A total of $7 million will be awarded to fund the research teams for up to three years, with many of the projects beginning in September. Another $4 million is available to support research grants for areas that emerge as most promising. The teams will focus on the common goal of keeping artificial intelligence beneficial to humanity. [More...]

Wednesday - July 1, 2015
Information stored on an Android smartphone or tablet is vulnerable to almost 4,900 new malware files each day, according to a new G Data SecurityLabs report. Cybercriminals' interest in the Android operating system has grown, the firm's Q1 2015 Mobile Malware Report revealed. "The report suggests that Android devices are becoming a bigger target for the bad guys and more profitable than in previous years," said Andy Hayter, security evangelist for G Data. The number of new malware samples in the first quarter increased 6.4 percent. [More...]

Monday - June 29, 2015
Mortgage servicers got a bad name during the subprime mortgage crisis, but despite that reputation damage, and despite new laws designed to get them on the straight and narrow, they're still up to their tricks, the Consumer Financial Protection Bureau has found. Between January and April, many servicers violated Regulation X, which spells out requirements for soliciting, completing and evaluating loss mitigation applications. Infractions included burying borrowers in paperwork. [More...]

 

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