Posts From King World News

Exclusive: U.S. tech industry appeals to Obama to keep hands off encryption

By Richard Cowan WASHINGTON (Reuters) – Top U.S. tech companies are warning the Obama administration against imposing new policies that the companies say would weaken increasingly sophisticated encryption systems designed to protect consumers’ privacy. In a strongly worded letter to President Barack Obama on Monday, two industry associations representing major software and hardware companies said, “We are opposed to any policy actions or measures that would undermine encryption as an

Sony aims for more clients, 20 percent sales growth in image sensors

By Ritsuko Ando TOKYO (Reuters) – Sony Corp aims to diversify its client base for image sensors beyond top customer Apple Inc, even as it expects orders from the iPhone maker to help lift sales about 20 percent this fiscal year, a senior executive said on Tuesday. Sensors have emerged as one of Sony’s strongest products in recent years as its TV and mobile operations struggle. While the Japanese company

Israeli start-up spins web of deception to foil hackers

The software is aimed at “targeted attacks” or “advanced persistent threats” — cyber attacks that are usually trying to access a credit card database or a file server with sensitive information about clients. As a single client of a bank wouldn’t be trying to get this information, the software entices the hacker by showing him, for example, a “quick” path to the credit card database, which is in fact false.

High-tech extortion attacks nearly doubled in first quarter, report says

By Eric Auchard BERLIN (Reuters) – High-tech extortion schemes nearly doubled in the first three months of 2015, while attacks on Adobe Flash software used in streaming media and casual game sites quadrupled, a global report said on Tuesday. Intel Corp’s McAfee Labs Threats Report for May found that ransomware surged 165 percent in the first quarter, rebounding from a slight dip earlier in 2014 when police agencies worldwide staged

Australian web provider iiNet in possible database hacking

By Matt Siegel SYDNEY (Reuters) – Australian Internet provider iiNet Ltd has urged more than 30,000 customers to change their passwords after claims emerged online that hackers had been attempting to sell personal information stolen from one of the firm’s databases. News of the potential data breach at Australia’s third-largest web provider first emerged on Twitter, where it was alleged an unnamed hacker was offering to sell a database that