Paytm, India’s most valuable startup, and its co-founder and chief executive, Vijay Shekhar Sharma, announced on Monday they have reached an agreement to acquire general insurer Raheja QBE for a sum of $76 million as the financial services startup looks to tap the nation’s booming insurance market. Sharma is acquiring Raheja QBE through QorQl Pvt. Ltd,
Philip Choo
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hello and welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. I’m
by Lisa Vaas A data breach broker has flooded a hacker forum with a whopping total of 132,957,579 user records. Bleeping Computer is in touch with the data breach broker: a “known and reputable” broker who’s selling databases, all of which contain different data types but all of which include usernames and hashed passwords. The
A new class of security tools is emerging that promises to significantly improve the effectiveness and efficiency of threat detection and response. Emerging Extended Detection and Response (XDR) solutions aim to aggregate and correlate telemetry from multiple detection controls and then synthesize response actions. XDR has been referred to as the next step in the
It isn’t often that you hear the words “breach,” ”privacy,” and “moose” in the same sentence, but thanks to the province of Nova Scotia, that just changed. The maritime province on Canada’s East Coast was dealing with the publicity fallout from an information leak this week after reportedly mismanaging the distribution of personal license information to hunters.
Facebook, which reaches more users than any other international firm in India, has identified a new area of opportunity to further spread its tentacles in the world’s second largest internet market. On Sunday, the social juggernaut announced it had partnered with the Central Board of Secondary Education, a government body that oversees education in private
Rocket Lab is launching a rideshare mission today which includes seven small satellites from a number of different companies, including primary payload provider Canon, which is flying a satellite equipped with the camera-maker’s Earth imaging technology, including high-res photo capture equipment. The Electron rocket that Rocket Lab is flying today will also carry five Planet
by Lisa Vaas Google announced on Tuesday that it’s purchased a smart-glasses company called North and, notwithstanding its failure to bring Google Glass wearables to the masses, still plans to caress our vision with the vast tentacles of its helpfulness. From the announcement, which was posted by Rick Osterloh, Senior Vice President, Devices & Services:
Cybersecurity researchers today issued a security advisory warning enterprises and governments across the globe to immediately patch a highly-critical remote code execution vulnerability affecting F5’s BIG-IP networking devices running application security servers. The vulnerability, assigned CVE-2020-5902 and rated as critical with a CVSS score of 10 out of 10, could let remote attackers take complete
The National Security Agency released guidance this week on securing IPsec virtual private networks as companies across the US continue to grapple with remote working in the wake of the coronavirus pandemic. The advice included a warning not to rely on vendor-supplied configurations. The document came in two flavors: a guide to securing VPNs and
European police infiltrate EncroChat, go on to crack down on crime kingpins and seize guns, drugs, cars and millions in cash Law enforcement agencies in Europe recently cracked an instant messaging system used by organized crime before the ensuing police operation ultimately led to the arrests of more than 800 suspected criminals, mostly in the
Computer vision summit CVPR has just (virtually) taken place, and like other CV-focused conferences, there are quite a few interesting papers. More than I could possibly write up individually, in fact, so I’ve collected the most promising ones from major companies here. Facebook, Google, Amazon and Microsoft all shared papers at the conference — and
Tesla has opened up reservations for its all-electric Cybertruck to customers in China, a move that will test the market’s appetite for a massive, futuristic truck. The reservations page on Tesla’s China website was first posted in Reddit channel r/teslamotors by user u/aaronhry. Electrek also reported on the Reddit post. The Cybertruck, which was unveiled
by Paul Ducklin At the risk of giving you a feeling of déjà vu all over again… …it’s time to talk about Facebook hoaxes once more. Looking at the Naked Security articles that people have not only searched for but also read in large numbers over the past few days tells us that we’re in
In a joint operation, European and British law enforcement agencies recently arrested hundreds of alleged drug dealers and other criminals after infiltrating into a global network of an encrypted chatting app that was used to plot drug deals, money laundering, extortions, and even murders. Dubbed EncroChat, the top-secret encrypted communication app comes pre-installed on a
A record number of teenagers have enrolled in the National Cyber Security Center’s (NCSC) CyberFirst summer courses this year, with classes held online for the first time due to the COVID-19 pandemic. As a result, the NCSC plans to offer a mix of classroom and virtual learning for future summer courses, even when social distancing
The cybercriminal behind the ransom raids on almost 23,000 databases threatens to leak the data and alert GDPR regulators An unknown cybercriminal has infiltrated 22,900 unsecured MongoDB databases, wiping their contents and leaving behind a ransom note demanding bitcoin in return for the data. If the ransom isn’t paid within two days, they threatened to
Jump bikes are returning to London — this time through its new owner Lime . London is the first city in Europe to see Jump bikes return since Uber offloaded the company to Lime in a complex deal that unfolded in May. Lime raised $170 million in a funding round led by Uber, along with
Hundreds of alleged drug dealers and other criminals are in custody today after police in Europe infiltrated an encrypted chat system reportedly used by thousands to discuss illegal operations. The total failure of this ostensibly secure method of communication will likely have a chilling effect on the shadowy industry of crime-focused tech. “Operation Venetic” was
The out-of-band update plugs two remote code execution bugs in the Windows Codecs library, including one rated as critical Microsoft on Tuesday released emergency security patches to plug a pair of serious vulnerabilities in its Windows Codecs library that impact several Windows 10 and Windows Server versions. Indexed as CVE-2020-1425 and CVE-2020-1457, the two remote-code
by Paul Ducklin Have you left a cloud database exposed online? According to Dutch security researcher Victor Gevers of the Dutch Institute for Vulnerability Disclosure, who’s been hunting down insecure databases for years, thousands of MongoDB users have done just that – or, to be more precise, many tens of thousands of databases have shown
A new research has uncovered multiple critical reverse RDP vulnerabilities in Apache Guacamole, a popular remote desktop application used by system administrators to access and manage Windows and Linux machines remotely. The reported flaws could potentially let bad actors achieve full control over the Guacamole server, intercept, and control all other connected sessions. According to
The forms of malware most frequently investigated by security analysts are not actually the most widespread ones used by cyber-attackers, according to a new study by Kaspersky. It revealed that whilst Backdoors (24%) and Droppers (23%) are amongst the top three most commonly sent free requests to the Kaspersky Threat Intelligence Portal, they only make
OurPeople, the U.K. startup that’s built a team communication and engagement platform for desk-less workers, has raised $2 million in Series A funding. Leading the round is Alpine Meridian, an investment firm that specialises in digital media, e-commerce and healthcare, and entrepreneur Robert Neveu, who also joins OurPeople as managing partner. It brings total funding
Can a technological intervention stem the pandemic while avoiding the privacy pitfalls of location tracking? The UK Government recently announced that it was ceasing development of its current contact-tracing app; on the same day, the Canadian Government stated that it was developing one. All this in the same week that the Norwegian health authority had
T-Mobile today announced that it has closed a deal that divests Sprint’s pre-paid businesses, including Boost and Virgin Mobile. The news finds Dish entering the wireless carrier game in earnest, courtesy of the $1.4 billion deal. The whole thing was, of course, a key part of T-Mobile’s bid to merge with Sprint. It was a
by Paul Ducklin Microsoft has just released emergency patches for two critical security holes in the Windows Codecs Library. We all know what Windows means. But what is a Codecs Library, and why are bugs in it such as a big deal that they need to be updated without waiting for the next Patch Tuesday
Microsoft yesterday quietly released out-of-band software updates to patch two high-risk security vulnerabilities affecting hundreds of millions of Windows 10 and Server editions’ users. To be noted, Microsoft rushed to deliver patches almost two weeks before the upcoming monthly ‘Patch Tuesday Updates’ scheduled for 14th July. That’s likely because both flaws reside in the Windows
Remote workers have become significantly more cybersecurity conscious since the COVID-19 lockdown began, according to a new study from Trend Micro. It found that nearly three-quarters (72%) of remote workers are more aware of their organization’s cybersecurity policies, and 85% now take instructions from their IT team seriously. Additionally, 81% agreed that workplace cybersecurity is
Beyond Meat is starting to hit supermarket shelves in China after it first entered the country in April by supplying Starbucks’ plant-based menu. Within weeks, it had also forayed into select KFC, Taco Bell, and Pizza Hut outlets — all under the Yum China empire. China, the world’s biggest market for meat consumption, has seen