Tag Archive : warns

/ warns

(Bloomberg) — U.K. privacy protections were criticized by an activist who told the European Union that the British shouldn’t be trusted to protect user data after Brexit.



a close up of a cage: Light trails from network switches illuminate fiber optic cables, center, and copper Ethernet cables inside a communications room at an office in London, U.K., on Monday, May 21, 2018. The Department of Culture, Media and Sport will work with the Home Office to publish a white paper later this year setting out legislation, according to a statement, which will also seek to force tech giants to reveal how they target abusive and illegal online material posted by users.


© Bloomberg
Light trails from network switches illuminate fiber optic cables, center, and copper Ethernet cables inside a communications room at an office in London, U.K., on Monday, May 21, 2018. The Department of Culture, Media and Sport will work with the Home Office to publish a white paper later this year setting out legislation, according to a statement, which will also seek to force tech giants to reveal how they target abusive and illegal online material posted by users.

The personal data of EU citizens “do not at present have an adequate level of protection in the U.K.,” Johnny Ryan, a senior fellow at the Irish Council for Civil Liberties, wrote in a letter to the European Commission on Monday.

Loading...

Load Error

Read More

With more people working from home, it’s never been more important to make your home safe from cybercriminals.

The FBI recently reported that the number of complaints about cyberattacks to their Cyber Division is up to as many as 4,000 a day.

National Cyber Security Alliance Executive Director Kelvin Coleman said it’s simple math, more people online has caused a sharp uptick in cybercrime.

He’s seen a 400% increase from what the FBI was seeing before the coronavirus pandemic.

“We wanted to have access to our files and access to our work and now we are seeing the consequences of that,” Coleman said.

He said many of us made the mistake of not beefing up our home computer security software when the pandemic forced millions of people to work from home.

Here’s Coleman’s advice for staying safe online.

Don’t put off updating security software

Pop-ups alerting users to the latest

Read More


  • Goldman Sachs’ Abby Joseph Cohen told Bloomberg on Thursday that markets could see “considerable downside” before the election due to factors that financial models aren’t picking up. 
  • These factors include the outcome of the election and what Congress and the president will do next before election day, Cohen said. 
  • The senior investment strategist added that the market is vulnerable to volatility and disappointment given the”wide gaps” in the relative valuation of stocks.

Goldman Sachs’ Abby Joseph Cohen told Bloomberg on Thursday that markets could soon see “considerable downside” based on factors that financial models cannot predict.

What Congress will do next, what the president will say, and how the election will end cannot be forecasted by modeling, the senior investment strategist said.

“Those of us who have lived our professional lives really focusing in on the math, I think should feel very humble right now,” Cohen said.

Read More

By Sarah Young



a large passenger jet sitting on top of a tarmac: FILE PHOTO: EasyJet restarts its operations amid the coronavirus disease (COVID-19) outbreak at Gatwick Airport, in Gatwick


© Reuters/Peter Cziborra
FILE PHOTO: EasyJet restarts its operations amid the coronavirus disease (COVID-19) outbreak at Gatwick Airport, in Gatwick


LONDON (Reuters) – British airline easyJet warned on Thursday its first ever annual loss could be as much as 845 million pounds ($1.1 billion) as the pandemic meant it was flying just 25% of planned capacity.

The airline has signalled to the government it may need more financial support, according to media reports.

Loading...

Load Error

The headline loss before tax forecast for the year ended Sept. 30 of 815-845 million pounds was worse than the loss of 794 million expected by analysts, Refinitiv Eikon data showed.

That is the first time easyJet, which was founded in 1995, has ever made a full-year loss.

With travel at very low levels, most European airlines are bleeding cash. EasyJet’s larger low-cost rival Ryanair has called this winter a “write-off”.

EasyJet

Read More

According to Chris Larsen, co-founder and executive chairman of Ripple Labs, the company is likely to move its headquarters overseas because due to the regulatory stance of the federal government towards the crypto industry. 

Larsen made the comments at the LA Blockchain Summit on Tuesday. He argued that almost every country besides the U.S. has a favorable system to regulate crypto, adding that the U.K. and Singapore top the list of likely new locations if the San Francisco-based company indeed decides to leave the U.S. 

Ripple has been in an ongoing legal fight with investors who allege that the company violated state and federal securities laws by selling the digital currency XRP. The firm maintains that although it owns a large amount of XRP, the network used to settle XRP transactions is decentralized.

“Purchasing XRP is not an ‘investment’ in Ripple; there is no common enterprise between Ripple and XRP

Read More

(Bloomberg) — PhosAgro PJSC, Russia’s biggest producer of phosphate fertilizer, is calling for the government to help mitigate potentially billions in losses for the country’s raw-materials producers if Europe introduces a carbon tax.



a close up of a snow covered mountain: Granules of monoammonium phosphate (MAP) sit inside a storage warehouse at the PhosAgro-Cherepovets fertilizer plant, operated by PhosAgro PJSC, in Cherepovets, Russia, on Wednesday, Aug. 9, 2017. Phosphate fertilizer prices may be supported in the 2H by "high season in India, pre-winter buying activity in the Northern hemisphere and risks of further potential production cuts in China," PhosAgro chief executive officer Andrey Guryev said in a statement.


© Bloomberg
Granules of monoammonium phosphate (MAP) sit inside a storage warehouse at the PhosAgro-Cherepovets fertilizer plant, operated by PhosAgro PJSC, in Cherepovets, Russia, on Wednesday, Aug. 9, 2017. Phosphate fertilizer prices may be supported in the 2H by “high season in India, pre-winter buying activity in the Northern hemisphere and risks of further potential production cuts in China,” PhosAgro chief executive officer Andrey Guryev said in a statement.

The European Union is looking at how a potential carbon tax could help meet its 2050 goal of climate neutrality. If imposed, the levy would hit imports, including raw materials and products produced in countries without duties on emissions, such as Russia. The European Commission, the bloc’s executive

Read More

Google already has efforts to improve Android security, such as speeding updates and offering bug bounties, but it’s now ramping things up by disclosing flaws for software it didn’t write. The company has launched an Android Partner Vulnerability Initiative (via XDA-Developers) to manage security flaws it discovers that are specific to third-party Android devices. Google hopes to both “drive remediation” (read: prompt faster patch releases) and warn users about potential problems.



a hand holding a cellphone: Huawei P30 and P30 Pro running Android


Huawei P30 and P30 Pro running Android

The company added that its initiative had already addressed a number of Android issues. It didn’t mention companies by name in a blog post, but a bug tracker for the program mentioned several manufacturers. Huawei had issues with insecure device backups in 2019, for example. Oppo and Vivo phones had sideloading vulnerabilities. ZTE had weaknesses in its message service and browser autofill. Other affected vendors included Meizu, chip maker MediaTek, Digitime,

Read More

Cisco has alerted customers using its IOS and ISO XE networking gear software to apply updates for 34 flaws across 25 high-severity security advisories. 

The large number of flaws affecting ISO and ISO XE are due to the advisories being announced as part of Cisco’s semi-annual release for the widely used software for Cisco routers and network switches, which happens in April and September. 

Cisco’s IOS stands for Internetworking Operating System and is based on Linux. 

There are two advisories with a severity score of 8.8, the highest of this release’s 25 high-severity advisories. One, tracked as CVE-2020-3400, is an authorization bypass vulnerability in the Cisco IOS XE software web user interface (UI) that may allow a remote attacker with valid credentials to use part of the UI. It’s due to insufficient authorization of web UI access requests and could allow a user with read-only rights to perform actions with

Read More