A Shakeup in Russia’s Top Cybercrime Unit

A chief criticism I heard from readers of my book, Spam Nation: The Inside Story of Organized Cybercrime, was that it dealt primarily with petty crooks involved in petty crimes, while ignoring more substantive security issues like government surveillance and cyber war. But now it appears t...

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Snapchat to reveal financials within a week: sources

A billboard displays the logo of Snapchat above Times Square in New York March 12, 2015. REUTERS/Lucas Jackson/File Photo

FBI request for Twitter account data may have overstepped legal guidelines

The Twitter Inc. logo is shown with the U.S. flag during the company's IPO on the floor of the New York Stock Exchange in New York, November 7, 2013. REUTERS/Lucas Jackson/File Photo

ATM ‘Shimmers’ Target Chip-Based Cards

Several readers have called attention to warnings coming out of Canada about a supposedly new form of ATM skimming called “shimming” that targets chip-based credit and debit cards. Shimming attacks are not new (KrebsOnSecurity first wrote about them in August 2015), but they are likely t...

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ATM ‘Shimmers’ Target Chip-Based Cards

Several readers have called attention to warnings coming out of Canada about a supposedly new form of ATM skimming called “shimming” that targets chip-based credit and debit cards. Shimming attacks are not new (KrebsOnSecurity first wrote about them in August 2015), but they are likely t...

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Bosch, Cisco, BNY Mellon, others launch new blockchain consortium

The logo of Dow Jones Industrial Average stock market index listed company Cisco is seen in San Diego, California April 25, 2016. REUTERS/Mike Blake/File Photo

Toshiba chairman Shigenori Shiga ready to step down: Nikkei

Toshiba Corp chairman Shigenori Shiga attends a news conference at the company headquarters in Tokyo, Japan May 6, 2016. REUTERS/Issei Kato

Bitcoin firm gets approval to operate in Switzerland

ZURICH (Reuters) - Bitcoin wallet provider Xapo said it has received conditional approval from Switzerland's financial market watchdog to operate in the country in a regulatory breakthrough for companies that provide safekeeping for the virtual currency.

Microsoft's market value tops $500 billion again after 17 years

(Reuters) - Microsoft Corp's market capitalization topped $500 billion for the first time since 2000 on Friday, after the technology giant's stock rose following another quarter of results that beat Wall Street's expectations.

Alphabet's hardware growth adds to strength in core ad business

(Reuters) - Alphabet Inc's core advertising business remained strong and its smartphone and home-automation products were gaining traction, analysts said a day after the company missed profit expectations, hurt by a higher tax rate.

Apple strategy in 'smart home' race threatened by Amazon

SAN FRANCISCO - In less than a year, Amazon's combination of the Echo speaker system and the Alexa voice-controlled digital assistant has come close to delivering on the elusive promise of easy-to-use technology that can control gadgets in the home with a few spoken words.

Apple shares back in vogue as Wall Street bets on iPhone surge

SAN FRANCISCO (Reuters) - Wall Street has regained an appetite for Apple as investors bet that the release of a 10th-anniversary iPhone and pent up customer demand will shore up shrinking sales.

Russian security service says hackers attacked major banks in 2016: Ifax

MOSCOW (Reuters) - Russia's major commercial banks came under cyber attacks in November last year, the country's Federal Security Service said on Friday, Interfax news agency reported.

With supplies tight, memory chipmakers head into ultra-super-cycle

SEOUL (Reuters) - The global memory chip industry is heading into what's been dubbed an ultra-super-cycle, as the challenge of making chips smaller yet more efficient has created supply bottlenecks, while there is soaring demand for data storage - from smartphones and artificial intelligence to auto...

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U.S.-based Fidelity marks down value of India's e-commerce giant Flipkart

MUMBAI (Reuters) - U.S.-based mutual fund company Fidelity Investments has marked down the value of its holding in Indian e-commerce firm Flipkart Online Services Pvt Ltd [IPO-FLPK.N] by around 36 percent.

Chinese Lunar New Year 'ticket snatching' apps raise hackles

BEIJING (Reuters) - As China gears up for Lunar New Year, when hundreds of millions of people head home, popular software charging extra to improve the odds of getting coveted rail tickets has been criticized by state media and some users as being akin to modern-day touting.

Stock research moves past PDFs as customers demand more for their money

(Reuters) - With investment firms cutting costs and portfolio managers combating a barrage of information, financial research shops around the globe are looking for new ways to keep their product relevant.

Ford device to boost connectivity in its models without modems

SAN FRANCISCO (Reuters) - Ford Motor Co said on Friday it would sell a plug-in device to enable features like remote start, security alerts, a Wifi hotspot and vehicle location assistance on 2010-2016 model year Ford and Lincoln cars.

Toshiba decides to split off core chip business, sell stake

TOKYO (Reuters) - Toshiba Corp's board on Friday approved plans to make its core chip business a separate company and seek outside investment in it, aiming to avoid being crippled by an upcoming multi-billion dollar writedown for its U.S. nuclear business.

Hong Kong securities brokers hit by cyber attacks, may face more: regulator

HONG KONG (Reuters) - Hong Kong's securities regulator said brokers in the city had suffered cyber attacks and warned of possible further incidents across the industry.