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Bangladesh is not the only bank that had become victim to the cyber heist . In fact, it appears to be just a part of the widespread cyber attack on global banking and financial sector by hackers who target the backbone of the world financial system, SWIFT. Yes, the global banking messaging system that thousands of banks and companies around the world use to transfer Billions of dollars in transfers each day is under attack. A third case involving SWIFT has emerged in which cyber criminals have stolen about $12 million from an Ecuadorian bank that contained numerous similarities of later attacks against Bangladesh's central bank that lost $81 Million in the cyber heist . The attack on Banco del Austro (BDA) in Ecuador occurred in January 2015 and, revealed via a lawsuit filed by BDA against Wells Fargo, a San Francisco-based bank on Jan. 28, Reuters reported. Here's how cyber criminals target banks: Uses malware to circumvent local security systems of a bank. Gains acces...

Facebook is in trouble once again regarding its users' privacy. Facebook is facing a class-action lawsuit in Northern California over allegations that the company systematically scans its users' private messages on the social network without their consent and makes the profit by sharing the data with advertisers and marketers. According to the lawsuit filing, Facebook might have violated federal privacy laws by scanning users' private messages. Facebook routinely scans the URLs within users' private messages for several purposes like anti-malware protection and industry-standard searches for child pornography, but it has been claimed that the company is also using this data for advertising and other user-targeting services. Also Read:   Google to Face a Record $3.4 Billion AntiTrust Fine in Europe The plaintiffs, Matthew Campbell, and Michael Hurley argue that the Facebook is scanning and collecting URLs-related data in a searchable form, violating both the...

Meet this Robin Hood Hacker: Phineas Fisher, who breached Hacking Team last year, revealed on Reddit Wednesday that he hacked a bank and donated the money to Kurdish anti-capitalists in Rojava autonomous region in northern Syria that borders territory held by the ISIS ( Islamic State militant group ). Fisher, also known as "Hack Back" and "@GammaGroupPR," claimed responsibility for both the Hacking Team and Gamma Group data breaches. The vigilant hacker donated 25 Bitcoin (worth around US$11,000) to a crowdfunding campaign known as the Rojan Plan, which has been set up by members of the Rojava's economic committee, described by Fisher as "one of the most inspiring revolutionary projects in the world." Also Read:  Here's How Hackers Stole $80 Million from Bangladesh Bank The funds donated to the campaign came from a bank heist, though the hacker neither revealed the name of the bank nor provided any further details of the bank heist. Whe...

Here's some rare good news for victims struggling to unlock files encrypted by the TeslaCrypt ransomware. You can now decrypt all files locked by TeslaCrypt without paying a ransom. That means victims no longer need to search endlessly for ways to recover TeslaCrypt-encrypted data. The solution has come directly from an unexpected source: the malware authors themselves. Since first appearing in March last year, TeslaCrypt was widely used in large-scale malvertising campaigns. The ransomware primarily targeted Windows users, especially PC gamers, encrypting files and demanding payments that typically reached $500 in Bitcoin. Infections were commonly delivered through compromised websites, malicious advertising networks, and phishing emails. In a surprising turn, the operators behind TeslaCrypt have apparently shut down their operation. Before disappearing, they released a master decryption key that can unlock files encrypted by the latest versions of the ransomware. Even m...

Get Ready for a whole new Artificial Intelligence-based Messaging experience. At I/O event Wednesday, Google unveiled its new messaging app named Allo : A smart messaging app powered with machine learning programming and the company's newly announced AI bot Google Assistant. You just have to sign up with your phone number and link your Google account to Allo, and you are all set to go. AI Bot and Smart Replies: With Allo, besides chatting with your friends and family using animated graphics and enlarging or shrinking text, you can also call Google within the app to buy things, plan events, and even think of what to reply, i.e. smart replies. I found Smart Reply feature a bit fascinating, as it offers you some assumptions that you can reply when someone says something, shares a picture or something else. This feature learns to get more smart and productive over time as you use it. Also Read: How to Run Android Apps Without Installation Smart replies contain stickers ...

Downloading an app is a real pain sometimes when you don't want to install the complete app on your smartphone just for booking a movie ticket, or buying something online. Isn't that? Now, Imagine the world where you can use any Android app without actually the need to download or even install it on your smartphone. This is exactly what Google has intended to offer you with its all new Instant Apps feature. Announced at Google I/O event Wednesday, Android Instant Apps will break down the walls between websites and Android apps by allowing people to tap on a URL and open an Android app instantly, without even having to install it. As a live demonstration, Google's presenter on stage showed how just clicking a Buzzfeed Video link, which has a dedicated app, opened the relevant part of an app — all in just 2 seconds. Also Read: Google Unveils AI-powered Smart Messaging App In another demonstration, the presenter showed a link to buy a camera bag at B&H Ph...