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EU Fines Google Record $5 Billion in Android Antitrust Case

EU Fines Google Record $5 Billion in Android Antitrust Case

Jul 18, 2018
Google has been hit by a record-breaking $5 billion antitrust fine by the European Union regulators for abusing the dominance of its Android mobile operating system and thwarting competitors. That's the largest ever antitrust penalty. Though Android is an open-source and free operating system, device manufacturers still have to obtain a license, with certain conditions, from Google to integrate its Play Store service within their smartphones. The European Commission levied the fine Wednesday, saying that Google has broken the law by forcing Android smartphone manufacturers to pre-install its own mobile apps and services, like Google Search, Chrome, YouTube, and Gmail, as a condition for licensing. This tactic eventually gives Google's app and services an unfair preference over other rival services, preventing rivals from innovating and competing, which is "illegal under EU antitrust rules." Google's Android operating system runs on more than 80 percen...
Microsoft Offers $100,000 Bounty for Finding Bugs in Its Identity Services

Microsoft Offers $100,000 Bounty for Finding Bugs in Its Identity Services

Jul 18, 2018
Microsoft today launched a new bug bounty program for bug hunters and researchers finding security vulnerabilities in its "identity services." Hacking into networks and stealing data have become common and easier than ever but not all data holds the same business value or carries the same risk. Since new security today depends on the collaborative communication of identities and identity data within, and across domains, digital identities of customers are usually the key to accessing services and interacting across the Internet. Microsoft said the company has heavily invested in the "creation, implementation, and improvement of identity-related specifications" that encourage "strong authentication, secure sign-on, sessions, API security, and other critical infrastructure tasks." Therefore, to further bolster its customers' security, the tech giant has launched an all-new, and independent bug bounty program. Dubbed Microsoft Identity Bounty ...
BTC-e Operator, Accused of Laundering $4 Billion, to be Extradited to France

BTC-e Operator, Accused of Laundering $4 Billion, to be Extradited to France

Jul 17, 2018
In a legal extradition tug-of-war between the United States and Russia, it seems France has won the game, surprisingly. A Greek court has ruled to extradite the Russian cybercrime suspect and the former operator of now-defunct BTC-e crypto exchange to France, instead of the United States or to his native Russia, according to multiple Russian news outlets. Alexander Vinnik , 38, has been accused of laundering more than $4 billion in bitcoin for criminals involved in hacking attacks, tax fraud and drug trafficking with the help of BTC-e crypto exchange. BTC-e, a digital currency exchange service operating since 2011, was seized by the authorities right after Vinnik's arrest in northern Greece in late July 2016 at the request of US law enforcement authorities. Vinnik is also accused to the failure of the once-most famous Japanese bitcoin exchange Mt. Gox , which was shut down in 2014 following a series of mysterious robberies, which totaled at least $375 million in Bitcoin...
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21-Year-Old Woman Charged With Hacking Selena Gomez's Email Account

21-Year-Old Woman Charged With Hacking Selena Gomez's Email Account

Jul 17, 2018
A 21-year-old New Jersey woman has been charged with hacking into the email accounts of pop star and actress Selena Gomez, stealing her personal photos, and then leaked them to the Internet. Susan Atrach of Ridgefield Park was charged Thursday with 11 felony counts—five counts of identity theft, five counts of accessing and using computer data to commit fraud or illegally obtain money, property or data, and one count of accessing computer data without permission. According to the prosecutors, Atrach allegedly hacked into email accounts belonging to Gomez and one of her associates several times between June 2015 and February 2016, the Los Angeles County District Attorney's office said in a press release . She then obtained images and other media stored there and shared them with her friends and posted them online. Gomez, who has more than 138 million followers on Instagram, was the victim of a hacking attack in August 2017, when photographs of her ex-boyfriend Justin Bieb...
21-Year-Old Creator of LuminosityLink Hacking Tool Pleads Guilty

21-Year-Old Creator of LuminosityLink Hacking Tool Pleads Guilty

Jul 17, 2018
As it was speculated that the author of LuminosityLink RAT was arrested last year, a plea agreement made available to the public today confirmed the news. Back in September last year, Europol's European Cybercrime Centre (EC3) and National Crime Agency began the crackdown on the LuminosityLink RAT, targeting sellers and users of the malware, which resulted in the seizure of a considerable number of computers and internet accounts across the world, and complete takedown of the threat. Colton Grubbs , a 21-year-old man from Kentucky, the developer of the LumunosityLink RAT has pleaded guilty to federal charges of creating, selling and providing technical support for the malware to his customers, who used it to gain unauthorized access to thousands of computers across 78 countries worldwide. First surfaced in April 2015, the LuminosityLink RAT (Remote Access Trojan), also known as Luminosity, was a hacking tool that was sold for $40, marketing itself as a legitimate tool for Wi...
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