A Proposed Rule by the Comptroller of the Currency, the Federal Reserve System, and the Federal Deposit Insurance Corporation on 01/12/2021 This document has a comment period that ends in 90 days. (04/12/2021). You can submit a formal comment on it. Summary: The OCC, Board, and FDIC (together, the agencies) invite comment on a notice of proposed rulemaking (proposed rule or…
Ex-SoftBank engineer held for 5G trade secret theft
The Yomiuri Shimbun reports: The Metropolitan Police Department on Tuesday arrested a former engineer of SoftBank Corp. on suspicion of violating the Unfair Competition Prevention Law by illegally divulging trade secrets regarding the 5G fifth-generation telecommunications standard, the MPD said. Kuniaki Aiba, 45, of Yokohama quit SoftBank and started working for Rakuten Mobile, Inc., one…
Networking giant Ubiquiti alerts customers of potential data breach
Lawrence Abrams reports: Networking device maker Ubiquiti has announced a security incident that may have exposed its customers’ data. Ubiquiti is a very popular networking device manufacturer best known for its UniFi line of wired and wireless network products and a cloud management platform. Today, Ubiquiti began emailing customers to change their passwords and enable…
Kaspersky Lab autopsies evidence on SolarWinds hack
Gareth Corfield reports: Kaspersky Lab reckons the SolarWinds hackers may have hailed from the Turla malware group, itself linked to Russia’s FSB security service. Referring to the hidden backdoor secretly implanted in SolarWinds’ Orion product, Kaspersky’s Georgy Kucherin wrote in a blog post on Monday: “While looking at the Sunburst backdoor, we discovered several features that overlap…
Jefferson Healthcare hit by ‘phishing’ cyber attack
Brian Kelley reports: The personal information of roughly 2,550 people was compromised by a “phishing” attack on the email account of an employee at Jefferson Healthcare, the organization announced Monday. The information stolen may have included the full names of individuals, as well as their dates of birth, phone numbers, home addresses, and health insurance…
This Android malware claims to give hackers full control of your smartphone
Danny Palmer reports: A new combination of two older types of malware, which provides hackers with access to almost everything a user does on an Android smartphone, is up for sale on underground forums for as little as $29.99 – providing even low-level cyber criminals with the ability to steal sensitive personal data. The ‘Rogue’…