The introduction of the European Union’s General Data Protection Regulation law pertaining to online privacy has seen the creation of a new form of targeted cyberattack dubbed a “ransomhack.” First described by Bulgarian security company Tad Group, a ransomhack differs from traditional ransomware in that it doesn’t hold customer data hostage but instead is aimed at ...

Fortnite fans are being warned of links to fake Android apps purporting to offer the game, not least because game creator Epic Games has yet to release an official Android app. If you haven’t heard of Fortnite yet, it is currently the most popular online game. Using the Battle Royale last-man-standing format that saw PlayerUnknown’s Battlegrounds ...

TaTaTu Enterprises Ltd., a blockchain-based video startup that rewards users for watching and sharing videos, claims it has raised $575 million via an initial coin offering of TTU, making it the third-largest ICO on record behind Telegram and Block.one. The company, founded by Italian-Canadian film producer Andrea Iervolino, is difficult to describe because it is an amalgam ...

Elasticsearch BV, the data search software startup that trades under the name of Elastic, is set to go public. Recode late Thursday quoted people familiar with the matter saying that the company has confidentially filed its S1 initial public offering paperwork with the U.S. Securities and Exchange Commission. Founded in 2012, Elastic develops and offers the open source ...

The hacking and theft of personal data from at least 10 U.S. cities, using a software package called Click2Gov from Superion LLC, has been attributed to an unlikely source — raising questions about the need for software companies to disclose vulnerabilities in their products. The hacks, which started in the summer of 2017, targeted small ...

Amazon.com Inc. has finally combined the Alexa service found in its range of Echo devices into its television streaming devices in the form of the newly launched Amazon Fire TV Cube. The device delivers the same streaming services as existing Fire TV devices, including access to Netflix, Hulu, PS Vue and Amazon Prime Video, though notably ...

PayPal Holdings Inc. has kept its wallet wide open this week, announcing yet another acquisition: cloud-based fraud prevention startup Simility, Inc. for $120 million in cash, subject to certain adjustments. Founded in 2014, Simility offers a cloud-based fraud prevention software solution that combines machine learning with human evaluation to protect small to medium-sized businesses along with enterprise clients ...

Apple Inc.’s long-awaited AirPower wireless charger may be finally coming to market in September following surprising revelations about the reasons for the unprecedented delay. According to Bloomberg, the AirPower, announced alongside the iPhone X in 2017, has been delayed because of multiple problems, including overheating, issues with circuitry and software requiring additional engineering time. Given that ...

The price of bitcoin recovered Wednesday after leading South Korean cryptocurrency exchange Bithumb revealed it had been hacked again following a previous hack in July 2017. The new hack is reported by South Korean media to involve the theft of $32 million in cryptocurrency from a hot wallet with Bithumb ceasing all withdrawals and deposits ...

The Car Connectivity Consortium, a previously little-known group that has among its members Apple Inc., Samsung Electronics Co. Ltd. and a number of car manufacturers today announced a new standard for communication between smartphones and cars. Called the Digital Key Release 1.0 specification, the standard enables drivers to download a digital key onto their smart ...