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Director of the FSB Alexander Bortnikov said that terrorist can disguise their hacking attacks under the actions of special services of ...

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Food blogger Jack Monroe lost 5000 Euros in phone number theft



"I lost 5000 Euros when my phone number was hacked and re-used on another sim card," says Jack Monroe. The culprits then successfully received her two-time verification information and obtained her bank and cash records."I was already concerned about the safety and had several steps in check," said Jack in a tweet. The industry was not able to address the "sim-jacking," says a privacy campaigner. The blogger expressed her anger in a tweet when she was told, 'although she would get her mobile number back in no time, the amount stolen will take time to refund.' "The cash taken has cost me very much - I'm a self-engaged freelancer and I have to work for every cent that I make," she tweeted.

The food writer is recognized for her cost-effective recipes and her support for campaigns against poverty. Sim-jacking, or Sim-swapping, is when culprits switch a mobile number with another Sim and use it as their own. This is done by criminals pretending as a consumer who wants to shift to a separate mobile service provider but doesn't want to change the phone number.

While personal information is required before requesting a sim transfer, the information is sometimes already available on the internet. - In this case, Ms. Monroe's date of birth, for instance, was retrieved from the internet. In other cases, the shop keepers or sim providers are often tipped for sim-jacking.

The first sign of sim hijacking for the victim is when their phone stops functioning. "The cases of sim-swapping in England are rare but there have been instances in other parts of the world. The industry is unable to combat the problem of sim-jacking," said Pat Walshe, Director, Privacy Matters, to BBC. The task of sim swapping is not common but one can do it easily if they want to, says Pat.

If ever caught in sim-jacking, the victims should always report the incident to their mobile operator or the ICO (Information Commissioner's Office). "The case should now push the ICO to inquire whether mobile operators and shop owners are actively following the protocol to protect services and data under telecommunication privacy laws," said Pat. The Global System for Mobile Communications, commonly known as 'GSMA' has made an alternative mobile identification verifier known as Mobile Connect. The ICO has been contacted by BBC, regarding the data theft problems.

Facebook and China on Developing Global Digital Currencies in Emerging Markets


Reportedly inspired by Facebook's announcement to head the launch of a crypto-currency run by the non-profit Switzerland-based Libra Association in 2020, the Peoples' Bank of China reported recently that it was working with a digital currency upheld by the Yuan.

This proposed digital currency by China is said to bear a few similitudes to Facebook's Libra, which is what has shaken Facebook’s cryptocurrency plans.

Analysts and crypto industry pioneers are highlighting geopolitical ramifications of China propelling a digital currency first — particularly if Libra hits a 'brick wall' with U.S. controllers. The Chinese digital coin could be utilized across significant payment platforms, including China's omnipresent WeChat and Alipay. The Peoples' Bank of China "has expedited its development of a Central Bank Digital Currency” after Libra's announcement in June, state the RBC Capital Market analysts.

RBC analysts Mark Mahaney and Zachary Schwartzman said in a research note “If U.S. regulators ultimately dismiss Libra and decide not to draft regulation to encourage Crypto innovation in the U.S., China’s [Central Bank Digital Currency] may be strategically positioned to become the de facto global digital currency in emerging economies, largely through Alipay, WeChat, UnionPay, and other messaging & payment apps,”

The U.S. Treasury Department has thusly labeled China as a currency manipulator — a complaint that could be exacerbated if a Yuan-supported cryptocurrency takes off.

Now that the U.S. and China are locked in an impasse on trade, and a battle for predominance in 5G, the mobile network promising faster data speeds, the cryptocurrency would add to a long list of existing pressures between these global superpowers.

UNICEF won't convert Bitcoin and Ethereum : will accept donations in cryptocurrency


UN's children's agency UNICEF has launched a Cryptocurrency Fund Programme, in this all donations will be made through cryptocurrency- limited to Bitcoin and Ether. According to this new Cryptocurrency Fund Programme, when the organization receives a donation in Bitcoin or Ether, it will not convert it to fiat currency rather distribute it in the same form. This is part of UNICEF's project with blockchain technology and to fund open source technology projects through cryptocurrency.


"This is a new and exciting venture for UNICEF. If digital economies and currencies have the potential to shape the lives of the coming generations, we must explore the opportunities they offer. That's why the creation of our Cryptocurrency Fund is a significant and welcome step forward in humanitarian and development work," Henrietta Fore, Director, UNICEF, said in a statement. This approach by UNICEF, couldn't have come at a better time, as Henrietta Fore, Director UNICEF says, "Humanitarian and development work cannot continue without contributions in whichever format people are most comfortable with".

And this would also assist cryptocurrencies, giving them a positive boost. Cryptocurrency, that is virtual money is the only form of global money presently, and is believed could be the currency of the future. Bitcoin continues to influence the macroeconomy and more and more industries and businesses are incorporating this technology into their functionality. Now, UNICEF is also amongst one such organization with its Cryptocurrency Fund Programme. In this program, UNICEF supports donations in only Bitcoin and Ethereum as these are the leading cryptocurrencies in the global market.

Depending on the success of the program, more currencies would probably be added in due time. The first donation to the UNICEF Cryptocurrency Fund Programme will be made by Ethereum Foundation to fund three grantees of the UNICEF Innovation Fund, as well as a project coordinated by the GIGA Initiative to connect schools to the Internet globally. It is unsure which amounts will change hands but the contribution will be done through the French National Committee for UNICEF. It is a big boon for cryptocurrencies, and collaboration between charitable organizations and cryptocurrency can be a big step forward into the new era of change and technology.

How 5G Network would Change the IoT and the Challenges Ahead



Extremely fast and effective, 5G mobile networks would increase the exposure to attacks as every internet of things (IoT) when connected to fifth-generation technology can potentially become a tempting target for attackers and cybercriminals.

The efficiency would allow for improved interconnectivity and greater control over devices and machines ranging from automobiles to traffic lights and everything in between which have internet-connected sensors embedded in it. The number of such items is reported to rise from 14.2bn to 25bn by 2021, according to global research and advisory firm, Gartner.

Major home appliance company, Whirlpool is all set to have one its factories run on 5G technology. The factory puts to use a lot of metal and as 5G penetrate through walls and doesn't reflect off metal unlike Wi-Fi, Douglas Barnes, Whirlpool's North American regional IT and OT manufacturing infrastructure applications manager, says, "This will allow us to go to truly autonomous vehicles throughout the entire plant, for maintenance, for delivery, for everything that supports the manufacturing operations. That business case carries so much weight and so much in cost savings. The payback for 5G is very favorable."

With encryption of data becoming more secure than ever, 5G technology will massively change the way users communicate over the internet, browse, watch videos and play games. However, the increased speed and effectiveness, low latency, high Gbps data transfer rates, and greater capacity also accompany more security challenges as compared to the current mobile networks. It would mean that threat actors while breaching a machine running on a 5G network, will be able to download and hence steal the data much faster than the current networks allow. It would also make it easier for criminals to execute bigger cyber attacks by utilizing the increased engagement of software required to smoothly run 5G technology.

Did hackers exploit IoT before?

Earlier in 2016, in the "Mirai botnet" cyber attack, where hackers took advantage of vulnerable IoT devices to take down major websites including Reddit, Twitter, Spotify and left much of the internet inaccessible, the incident witnessed the involvement of a large number of routers, cameras, and video recorders to take down a large chunk of the internet for the Eastern coast.

Commenting on the matter, Cesar Cerrudo, chief technology officer at IOActive, a cybersecurity consultancy, said, "I think 5G will be a more tempting target for nation-state actors than . . . hackers, as 5G will be a core communication technology for most countries,”