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A security researcher could have stolen as much as $25 Billion from one of the India's biggest banks ‒ Thanks to the bank's vulnerable mobile application. Late last year, security researcher Sathya Prakash discovered a number of critical vulnerabilities in the mobile banking application of an undisclosed bank that allowed him to steal money from any or all bank customers with the help of just a few lines of code. Being a white hat hacker, Prakash immediately reached out to the bank and alerted it about the critical issues in its mobile app and helped the bank fix them, instead of taking advantage of the security holes to steal money from the bank that has about 25 Billion USD in Deposits. While analyzing the mobile banking app, Prakash discovered that the app lacks Certificate Pinning , allowing any man-in-the-middle attacker to downgrade SSL connection and capture requests in plain text using fraudulently issued certificates. Also Read:  Best Password Manager — For ...

A 28-year-old Ukrainian hacker has pleaded guilty in the United States to stealing unpublished news releases and using that non-public information in illegal trading to generate more than $30 Million (£20.8 Million) in illicit profits. Vadym Iermolovych, 28, admitted Monday that he worked with two other Ukrainian hackers to hack into computer networks at PR Newswire, Marketwired and Business Wire, and steal 150,000 press releases to gain the advantage in the stock market. The defendants then used nearly 800 of those stolen news releases to make trades before the publication of the information, exploiting a time gap ranging from hours to 3 days. The trades would occur in "extremely short windows of time between when the hackers illegally accessed and shared the [news] releases and when the press releases were disseminated to the public by the Newswires, usually shortly after the close of the markets," said the Department of Justice in a press release . Thirty-two pe...

Google faces a record anti-trust penalty of about 3 BILLION Euros (US$3.4 Billion) from the European Commission in the coming days, according to reports. After 7-years of the investigation, the European Commission filed anti-trust charges against Google last year for violating antitrust laws. The European Union accused the search engine giant that it had abused its dominance in search by unfairly prioritize and displaying its own comparison shopping service at the top of its search results at the expense of rival products. British newspaper The Sunday Telegraph reports that the European Union is currently preparing a fine of about 3 Billion Euros ($3.4 billion), which is almost triple the amount (1.06 Billion Euro) that Intel was levied several year ago over violating antitrust law. According to the newspaper's sources, the EU officials, led by Margrethe Vestager , are planning to openly announce the fine against Google as early as next month, although the exact figure...

Microsoft has finally decided to remove one of its controversial features  Wi-Fi Sense network sharing feature from Windows 10 that shares your WiFi password with your Facebook, Skype and Outlook friends and enabled by default. With the launch of Windows 10 last year, Microsoft introduced Wi-Fi Sense network sharing feature aimed at making it easy to share your password-protected WiFi network with your contacts within range, eliminating the hassle of manually logging in when they visit. This WiFi password-sharing option immediately stirred up concerns from Windows 10 users especially those who thought the feature automatically shared your WiFi network with all your contacts who wanted access. Must Read: Here's How to run Ubuntu Linux on Windows 10 . But Wi-Fi Sense actually hands over its users controls so they can select which networks to share and which contact list can access their Wi-Fi. Also, the feature doesn't share the actual password used to protect yo...

The Pirate Bay has fought many legal battles since its launch in 2003 to keep the website operational for the last 13 years. However, this time The Pirate Bay is suffering a major blow after the Swedish Court ruled Thursday that it will take away the domain names 'ThePirateBay.se' and 'PirateBay.se' of the world's most popular torrent website and will hand over them to the state. As its name suggests, The Pirate Bay is one of the most popular file-sharing torrent site predominantly used for downloading pirated or copyrighted media and programs free of charge. Despite the criminal convictions, the torrent site remains functioning although it has moved to different Web domains several times. However, this time, The Pirate Bay loses its main .SE domain, the world's 225th most popular website according to the Alexa ranking, according to Swedish newspaper DN . "In common with the District Court ruling the Court of Appeal finds that there is a b...