News Recap #5 - Most important cyber security news of the week | cybernews.com

Visit our website for more relevant cyber security news and more CLICK HERE 👉 https://ift.tt/eDQ259H About us: our dedicated team of security researchers and investigative journalists regularly delves into previously unexplored depths of online security and privacy in order to shed light on stories that often have an unseen influence on the online world at large. A number of our investigations and reports have been featured by industry-related publications and global news leaders like Forbes, PC mag, Techradar. -------------------------------------------------------------------------------- A week can be a long time in the cyberworld, so you might have missed some of the important news from this week. Let us recap the highlights of this week’s cybernews. -------------------------------------------------------------------------------- // Timestamps // 0:14 Julian Assange case 1:45 TikTok employee's recordings were exposed 3:21 Amazon Ex-Employee Breached Millions of Capital One Accounts 4:36 Cloudflare suffered an outage -------------------------------------------------------------------------------- A week can be a long time in the cyberworld, so you might have missed some of the important news from this week. Let us recap the highlights of this week’s cybernews. This week begins with a disappointing decision from the UK Home Secretary, approving the extradition of the Wikileaks founder Julian Assange to the US. Charged by the US for publications exposing war crimes and human rights abuses, he could face 175 years in prison, if given up to the US. The American prosecutors accused Julian Assange of encouraging Chelsea Manning and other potential whistleblowers to steal classified information, as well as for the collaboration with the infamous Anonymous and LulzSecurity hacker gangs. This could potentially add hacking to the list of Assange’s “sins”, totalling his potential incarceration to 175 years. And while Assange risks jail time for his leaks, will any punishment come for these leaks? Just recently, leaked audio from over 80 internal TikTok meetings shows that China-based employees working at TikTok repeatedly accessed user data. The leaked audio revealed that TikTok's employees discussed that 'everything is seen in China' even though the company promised the US Senate that US-based teams decide who gets access to American data. According to the report, audio tapes suggest that TikTok misled US officials and platform users with claims that the data is stored in the US and cannot be accessed by employees in China. Lawmakers and think-tankers fear China could use the social network to spy on the US population and the military. Former US President Donald Trump floated the idea of outright banning TikTok in the US, effectively preventing 80 million US users from accessing the platform. On the same day BuzzFeed published the story on leaked audio recording, TikTok released a statement claiming that '100% of US user traffic is being routed to Oracle Cloud Infrastructure.' However, that does not guarantee that China-based staff will be unable to access data stored on servers owned by a US company. But TikTok leaks are not the biggest security breach of this week. Just recently a former Amazon software engineer Paige Thompson obtained the personal information of more than 100 million people. Thompson joined Amazon in 2015 to work at Amazon Web Services, a division that hosted the Capital One data she accessed. She has been found guilty of seven federal crimes connected to her scheme to hack into cloud computer data storage accounts. Among over 30 entities Thompson hacked was Capital One bank. The breach cost the bank over 270 millions. According to a press release by the Department of Justice, the Thompson’s hacks also involved planting crypto miners on various servers, with earnings going to her online wallet. While this is all happening, half of the internet was on the verge of collapse, as Cloudflare, an American content delivery network and DDoS mitigation company, had issues with their services and network. Cloudflare said it resolved a “wide-spread” outage earlier in the day that affected a large number of services including Discord, Steam, Crunchyroll, NordVPN and more. The internet infrastructure firm resolved the issue roughly an hour after users began facing issues accessing some popular sites. In the latest update, the company has confirmed that the issues were successfully resolved. Cloudflare has confirmed that the issue was a technical glitch of the highest critical rating, causing the service network to be disrupted in “broad regions" – suggesting that the outage likely affected apps and sites worldwide. Keep up to date with the latest news: ➡️ Visit our site https://cybernews.com/ ➡️ Facebook https://ift.tt/OhpZ1sE ➡️ Twitter https://twitter.com/cybernews ​ ➡️ #cybernews #TechNewsByAI #cybernewsByAI
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