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Someone wants to kick Microsoft, Google and Apple off from his land, but himself uses Gmail and Mac. The newly appointed Internet Tsar German Klemenko , who is the first internet advisor of Vladimir Putin , wants to kick off American Giants from Russia. In a 90-minute interview conducted by Bloomberg, Klemenko expressed his interest to vanish the presence of tech biggies of foreign countries from Russia. Google & Apple have to Pay 18% more VAT As part of this, Klemenko plans to hike the tax on foreign companies, including Google and Apple, by 18% VAT on their applications & services sold online. It is estimated that Apple, Google and other companies are nearly gaining RUB 300 Billion (£2.7 Billion, US$4 Billion) in revenue every year from Russia. "When you buy an app from Google Play or the App Store anywhere in Europe, VAT is charged at the place of payment, but not here in our banana republic," says Klemenko. The proposed movement wi...

Over the last few years, we have seen several types of Ransomware malware that demand a whopping amount of money from users for the retrieval of their locked, compromised sensitive files. We have also witnessed the birth of decryption solution for some of the Ransomware like Cryptolocker (partial), Coinvault , Rescue Kit . One more solution has recently been released for decryption of newly emerging ransomware, dubbed as Hydracrypt and Umbrecrypt that are propagated through Angler Exploit Kit. Both of the malware belong to CrypBoss ransomware family. The source code of CrypBoss Ransomware was leaked last year on Pastebin, which was later analyzed by Fabian Wosar, a security researcher at Emsisoft. With the help of CrypBoss Source code, Wosar was successfully able to crack the encryption algorithm of the ransomware and quickly made the decryption tool for CrypBoss and its variants ( Hydracrypt and Umbrecrypt ). It is found that both Hydracrypt and Umbrec...

The Nasdaq stock exchange and the Republic of Estonia have announced the use of Blockchain-based technology to allow shareholders of companies to e-vote in shareholder meetings even when they're abroad, according to Nasdaq's press release. Global stock market giant is developing an electronic shareholder voting system implemented on the top of Blockchain technology that underpins Bitcoins . Blockchain – the public and decentralized ledger technology underpins all Bitcoin transactions and logs each transfer of an asset in an encrypted "block" that is added to a permanent, transparent chain showing every deal associated with that asset. Even some of the world's major banks are also considering the adoption of the Blockchain technology. In the mid of last year, 9 of the World's renowned Banks, including JPMorgan, Royal Bank of Scotland, Goldman Sachs and Barclays , collaborated with New York-based financial tech firm R3 to create a new fram...

Hacking of computers, smartphones and networks in the United Kingdom or abroad by the Government Communications Headquarters (GCHQ) is LEGAL , the UK's Investigatory Powers Tribunal ( IPT ) ruled. So, the UK is giving clean chit to its intelligence agency to spy on its people as well as people living abroad. Now, How is that okay? The British spying nerve center GCHQ has won a major court case in defense of the agency's persistent hacking programs.  After revelations by NSA whistleblower Edward Snowden about the extent of spying by the US and the UK, Privacy International and seven Internet Service Providers (ISPs) launched a legal challenge against the GCHQ's hacking operations. The case alleged that the British spying agency was breaking European law and violating fundamental warrant protections by its too intrusive and persistent surveillance actions. GCHQ Admitted its Hacking Practices Though GCHQ "neither confirm nor deny" the e...

The teenage hacker, who calls himself a member of hacktivist group " Cracka with Attitude ," behind the series of hacks on the United States government and its high-level officials, including CIA director, might have finally got arrested. In a joint effort, the Federal Bureau of Investigation (FBI) and British police reportedly have arrested a 16-year-old British teenager who they believe had allegedly: Leaked the personal details of tens of thousands of FBI agents and US Department of Homeland Security (DHS) employees. Hacked into the AOL emails of CIA director John Brennan . Hacked into the personal email and phone accounts of the US spy chief James Clapper . Broke into the AOL emails of the FBI Deputy Director Mark Giuliano . Federal officials haven't yet released the identity of the arrested teenager, but the boy is suspected of being the lead hacker of Cracka With Attitude, who calls himself Cracka, the South East Regional Organised Crime Unit (SER...