Crypto firms in the United Arab Emirates (UAE) are being deluged with requests to liquidate billions of dollars of virtual currency as Russians seek a safe haven for their fortunes, Reuters is reporting, citing company executives and financial sources. Some clients are using cryptocurrency to invest in real estate in Read more…
A number of Israeli government websites went down on Monday in what may be the largest-ever cyberattack carried out against the country. The Israeli cyber authority confirmed the attack was a DDos (Digital-denial of service) attack that had blocked access to government websites, and that all websites were back online. Read more…
Foxconn, the biggest assembler of Apple iPhones, is in talks with Saudi Arabia about jointly building a $9 billion multipurpose facility (Warning: source paywalled; alternative source) that could make microchips, electric-vehicle components and other electronics like displays, according to people familiar with the matter. The Saudi government is reviewing an Read more…
Newly discovered data-destroying malware was observed earlier today in attacks targeting Ukrainian organizations and deleting data across systems on compromised networks. BleepingComputer reports: “This new malware erases user data and partition information from attached drives,” ESET Research Labs explained. “ESET telemetry shows that it was seen on a few dozen Read more…
Ukraine’s defense ministry on Saturday began using Clearview AI’s facial recognition technology, the company’s chief executive told Reuters, after the U.S. startup offered to uncover Russian assailants, combat misinformation and identify the dead. Ukraine is receiving free access to Clearview AI’s powerful search engine for faces, letting authorities potentially vet Read more…
Instagram users in Russia have been notified that the service will cease as of midnight on Sunday after its owner Meta Platforms said last week it would allow social media users in Ukraine to post messages such as “Death to the Russian invaders”. An email message from the state communications Read more…
Ford will soon start selling and shipping some Ford Explorers without the chips that power rear air conditioning and heating controls, according to a report from Automotive News. The automaker will instead ship the missing semiconductors to dealers within one year, which they will then install in customers’ vehicles after Read more…