Network security Archives | Page 156 of 200

Trump team invites tech giants to discuss online drug sales

President-elect Donald Trump‘s transition team has invited tech giants, including Google, Microsoft, Meta, Snap, and TikTok, to a mid-December meeting focused on combating online drug sales, according to a report by The Information. The meeting aims to gather insights from these companies about challenges and priorities in addressing illegal drug activity on their platforms.

Trump has pledged to tackle the fentanyl crisis, emphasising stricter measures against its flow into the US from Mexico and Canada. He has also proposed a nationwide advertising campaign to educate the public about the dangers of fentanyl. Tech companies have faced scrutiny in the past for their platforms’ roles in facilitating drug sales, with Meta under investigation and eBay recently settling a case for failing to prevent the sale of devices used to make counterfeit pills.

The transition team has not commented publicly on the meeting, but it underscores the growing intersection between technology and public health issues, particularly as the US grapples with the devastating impact of fentanyl addiction and trafficking.

Court ruling threatens TikTok ban in US

A US federal appeals court has upheld a law requiring TikTok’s Chinese parent company, ByteDance, to sell its US operations by 19 January or face a nationwide ban. The ruling marks a significant win for the Justice Department, citing national security concerns over ByteDance’s access to Americans’ data and its potential to influence public discourse. TikTok plans to appeal to the Supreme Court, hoping to block the divestment order.

The decision reflects bipartisan efforts to counter perceived threats from China, with Attorney General Merrick Garland calling it a vital step in preventing the Chinese government from exploiting TikTok. Critics, including the ACLU, argue that banning the app infringes on First Amendment rights, as 170 million Americans rely on TikTok for creative and social expression. The Chinese Embassy denounced the ruling, warning it could damage US-China relations.

Unless overturned or extended by President Biden, the law could also set a precedent for restricting other foreign-owned apps. Meanwhile, TikTok’s rivals, such as Meta and Google, have seen gains in the wake of the decision, as advertisers prepare for potential shifts in the social media landscape.

EU orders TikTok to freeze election-related data in Romania

The European Union has directed TikTok to retain data related to Romania’s elections under the Digital Services Act, citing concerns over foreign interference. The move follows pro-Russia ultranationalist Calin Georgescu’s unexpected success in the presidential race’s first round, raising alarm about coordinated social media promotion.

Declassified documents revealed TikTok’s role in amplifying Georgescu’s profile via coordinated accounts and paid algorithms, despite his claim of no campaign spending. Romania‘s security agencies have flagged these efforts as ‘hybrid Russian attacks,’ accusations Russia denies.

TikTok stated its cooperation with the EU in addressing concerns and pledged to establish facts amid allegations. Romania’s runoff presidential vote is seen as pivotal for the country’s EU alignment.

FCC targets cybersecurity in the telecom sector

FCC Chairwoman Jessica Rosenworcel has proposed requiring US communications providers to certify annually that they have plans to defend against cyberattacks. The move comes amid growing concerns over espionage by ‘Salt Typhoon,’ a hacking group allegedly linked to Beijing that has infiltrated several American telecom companies to steal call data.

Rosenworcel highlighted the need for a modern framework to secure networks as US intelligence agencies assess the impact of Salt Typhoon’s widespread attack. A senior US official confirmed the hackers had stolen metadata from numerous Americans, breaching at least eight telecom firms.

The FCC proposal, which Rosenworcel has circulated to other commissioners, would take effect immediately if approved. The announcement follows a classified Senate briefing on the breach, but industry giants like Verizon, AT&T, and T-Mobile have yet to comment.

Chinese hackers stole metadata of numerous Americans, senior official reports

A senior US official revealed that a Chinese hacking group, known as ‘Salt Typhoon,’ has stolen vast amounts of Americans’ metadata in a broad cyberespionage effort targeting US telecommunications. While specific figures remain undisclosed, the hackers are said to have breached at least eight American telecom firms, including Verizon, AT&T, and T-Mobile.

Call record metadata — detailing who called whom, when, and where — was a key target, exposing sensitive personal and professional patterns. In some cases, telephone audio intercepts were also reportedly stolen. The campaign remains active, with the White House prioritising efforts to counter the intrusions.

Government agencies, including the FBI and the National Security Council, have briefed lawmakers and President Joe Biden on the matter, highlighting the severity of the breach. Efforts to secure the nation’s telecommunications infrastructure are ongoing.

Tensions rise over alleged election interference in Romania

Romania has been subjected to ‘aggressive hybrid Russian attacks’ during a series of recent elections, according to declassified documents from the country’s security council. The revelations come ahead of a presidential runoff between pro-Russian far-right candidate Calin Georgescu and pro-European centrist Elena Lasconi. Georgescu’s unexpected rise, attributed in part to coordinated promotion on TikTok, has raised alarms in this European Union and NATO member state.

Romanian intelligence reported over 85,000 cyber attacks exploiting vulnerabilities, including the publication of election website access data on Russian cybercrime platforms. The attacks persisted on election day and beyond, with officials concluding they stemmed from resources typical of a state actor. Russia has denied any involvement in the election.

If Georgescu wins, his anti-NATO stance and opposition to aiding Ukraine could isolate Romania from Western allies, marking a significant geopolitical shift. The alleged cyber campaigns have intensified concerns about election integrity in the region, drawing attention to the role of foreign interference in shaping democratic outcomes.

OpenAI enters defence sector with Anduril partnership

Anduril Industries and OpenAI have announced a partnership to advance AI applications for US national security. The collaboration will focus on enhancing counter-unmanned aircraft systems (CUAS), crucial for detecting and neutralising airborne drone threats.

By leveraging Anduril’s extensive CUAS data, AI models will be trained to respond to aerial threats in real time. OpenAI’s CEO, Sam Altman, highlighted the goal of safeguarding military personnel through these advanced AI solutions.

This partnership reflects the escalating global competition in AI-powered autonomous defence technologies, as nations like the United States and China race to innovate in automated military systems. Founded in 2017, Anduril specialises in autonomous systems, including drones and other tactical assets.

New FDIC system targets fintech risks

The Federal Deposit Insurance Corporation (FDIC) has begun directly monitoring financial technology (fintech) companies partnering with banks across the United States. New system like this one aims to enhance oversight by identifying risks associated with these partnerships before they threaten banking stability. The monitoring system also allows regulators to maintain consistent supervision, even if fintech firms change their banking partners.

The move comes amid heightened scrutiny of bank-fintech collaborations, following the collapse of Synapse Financial Technologies in April. The startup, backed by Andreessen Horowitz, had provided critical services enabling fintech firms to offer financial products via FDIC-insured banks. Its failure left thousands of users without access to their funds and brought significant regulatory attention to the sector.

In response, the FDIC has proposed strengthening bank record-keeping requirements and expanding the definition of brokered deposits to include fintech-related funds. While these rules are not expected to take effect before 2025, the new monitoring framework provides examiners with an additional tool to safeguard financial stability without waiting for legislative approval.

FDIC Chairman Martin Gruenberg, who is stepping down in January, has played a central role in developing this regulatory approach. His leadership has been pivotal in navigating the challenges posed by the evolving relationship between traditional banking and fintech startups.

Meta reports minimal AI impact on global misinformation

Meta Platforms has reported that generative AI had limited influence on misinformation campaigns across its platforms in 2023. According to Nick Clegg, Meta‘s president of global affairs, coordinated networks spreading propaganda struggled to gain traction on Facebook and Instagram, and AI-generated misinformation was promptly flagged or removed.

Clegg noted, however, that some of these operations have migrated to other platforms or standalone websites with fewer moderation systems. Meta dismantled around 20 covert influence campaigns this year. The company aims to refine content moderation while maintaining free expression.

Meta also reflected on its overly strict moderation during the COVID-19 pandemic, with CEO Mark Zuckerberg expressing regret over certain decisions influenced by external pressure. Looking forward, Zuckerberg intends to engage actively in policy debates on AI under President-elect Donald Trump‘s administration, underscoring AI’s critical role in US technological leadership.

Europol takes down encrypted messaging service ‘designed by criminals for criminals’

European authorities have dismantled a sophisticated encrypted messaging app called Matrix, allegedly designed ‘by criminals for criminals,’ according to Europol. Discovered on the phone of a suspect involved in the 2021 murder of a Dutch journalist, Matrix was accessible by invitation only, hosted on 40 servers across multiple countries, and provided features like anonymous internet access, video calls, and transaction tracking. Subscription costs ranged from €1,300 to €1,600 for six months.

During a three-month investigation, authorities intercepted and analysed over 2.3 million messages exchanged on the platform in 33 languages. These communications revealed links to major crimes, including international drug and arms trafficking, as well as money laundering. The operation, led by law enforcement in the Netherlands, France, Lithuania, Italy, and Spain, resulted in the seizure of €145,000 in cash and half a million euros in cryptocurrency.

This takedown follows similar actions against encrypted platforms such as Ghost, Exclu, and EncroChat, highlighting a trend of criminals adopting smaller, more complex communication services. Europol emphasised that these platforms are increasingly used for illicit activities, while Dutch authorities warned that serious criminals ‘wrongly believe they can still operate in secret.’

Arrests were made in France and Spain, while main servers were seized in France and Germany, signalling an intensified effort to disrupt organised crime networks.