Connect with us

Breaches

The CIA Is Targeting Apple Products

Published

on

Recently, Edward Snowden released some documents to The Intercept, which revealed that for nearly a decade, the CIA has been searching for ways to break Apple’s security, so that they can plant malware in their devices. Apple has announced that since the first version of the iPhone was released, they have sold more than 700 million of them. That doesn’t include any of their iPad, laptop, or desktop sales, only the iPhone. With so many Apple products in circulation, it’s no surprise the CIA has been trying to hack them.

// -- Discuss and ask questions in our community on Workplace.

Breaching Apple’s Device Security

appleThe documents released by Snowden reveal that the CIA have been attempting to breach the security of Apple’s devices, so that they can plant malware in the devices without the user’s knowledge. They have also been trying to find a way to breach Apple’s OS X updater. If accomplished, the CIA would be allowed to override the update mechanism and install a version of the operating system with a keylogger.

In addition, the CIA has also been developing a poisoned version of Xcode, the software tool used to help create applications for Apple’s App Store. How the CIA would get programmers to use the poisoned version of Xcode is unclear, but if they did, it would give the CIA a direct backdoor into any app created using it, allowing them to steal passwords, view messages, and even force applications to send embedded data.

// -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- //

An expert in Cryptography, Matthew Green, told The Intercept

“If U.S. products are OK to target, that’s news to me. Tearing apart the products of U.S. manufacturers and potentially putting backdoors in software distributed by unknowing developers all seems to be going a bit beyond ‘targeting bad guys.’ It may be a means to an end, but it’s a hell of a means… The last thing any of us needs is for the U.S. government to actively undermine our own technology industry.”

While the leaked documents provide details about the CIA’s efforts to break Apple’s security, they don’t give any indications as to whether or not their tactics were successful. The CIA has remained silent on the subject, and no proof has come out to say definitively if their attempts have been successful or denied completely.

Apple has made no comment. Though in an open letter from Tim Cook made a few things clear stating,

“I want to be absolutely clear that we have never worked with any government agency from any country to create a backdoor in any of our products or services. We have also never allowed access to our servers. And we never will.“

Images from Shutterstock.

Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.



Feedback or Requests?

5 Comments

5 Comments

  1. Anicious

    March 13, 2015 at 12:59 pm

    It doesn’t surprise me at all, old news.

  2. Patriot

    March 14, 2015 at 12:11 pm

    If it is the CIA only then I have no Constitutional issue. Unfortunately the CIA did not just get the code from the NSA that has it and is using it to watch American Citizens. This is where I have a problem. Start defending the Constitution even when it is difficult. Americans died so that we would have our rights.

  3. martin

    March 15, 2015 at 12:46 am

    Enough of the patriotic rhetoric already, people die for almost any cause…most of them unrealistic. The USA got to where it is by keeping things from average citizens. Average citizens talk too much. Average citizens hide things that could hurt a country as a whole. Apple is pushed as a product because NSA CIA have access. If you want security buy a BlackBerry. But remember even BlackBerry will abide warrants

  4. Infinite Wealth

    March 16, 2015 at 11:29 am

    “I want to be absolutely clear that we have never worked with any
    government agency from any country to create a backdoor in any of our
    products or services. We have also never allowed access to our servers.
    And we never will”

    Sounds a bit like

    “I never had sexual relations with that woman”, we all know what happened there don’t we Mr Clinton.

    You just can’t believe anything you read, in fact you can but just take out a couple of words for the true answer 😉

    • Brian Davis

      March 17, 2015 at 8:54 pm

      Maybe you’re right, but I think it’s a bit tin foil hat. Like, it’s just bad for business. I don’t really trust Apple as much as I do Microsoft in this issue, though. I’d love to see Bill Gates weigh in on this.

You must be logged in to post a comment Login

Leave a Reply

Breaches

Uber Is Paying Hackers to Keep Quiet

Published

on

Uber Technologies Inc. has reportedly paid hackers to delete scores of private data stolen from the company in a security breach that was concealed for over a year. The revelation provides further confirmation that, when it comes to cyber security, crime does pay.

// -- Discuss and ask questions in our community on Workplace.

Massive Data Breach

According to Bloomberg Technology, hackers retrieved the personal data of 57 million Uber customers and drivers at some point last year. Nobody heard about it because the rideshare company paid the hackers $100,000 to keep quiet. A purge at the front office of Uber also ensured that the massive cyber breach was kept under wraps.

The compromised data was from October 2016 and included the names, phone numbers and addressed of 50 million Uber riders globally. About seven million drivers had their personal information accessed as well.

At the time of the cyber attack, Uber was inundated with a slew of legal issues stemming from alleged privacy violations. Rather than shine even more negative spotlight on the company, Uber executives decided to pay hackers to stay quiet.

// -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- //

“None of this should have happened, and I will not make excuses for it,” Dara Khosrowshahi, who took over as CEO in September, said in a statement that was published by Bloomberg. “We are changing the way we do business.”

Hackers have done a masterful job infiltrating companies and governments in recent years. As a reminder, recent cyber attacks levied against Yahoo!, Target Corp and Equifax Inc. dwarf Uber’s 57 million compromised accounts.

Various reports indicate that cyber attacks are bleeding the global economy dry. One report, issued by the World Economic Forum, suggests that cyber crime cost the world economy $445 billion in 2016. If cyber crime were its own market cap, it would exceed Microsoft Inc., Facebook Inc. and ExxonMobil Corp

The Fall of Uber?

Uber revolutionized the ride-hailing business over the span of seven years by giving more power to the consumer. Several missteps later, the company finds itself in legal hot water, with its future appearing less certain than it did just one year ago.

The rideshare company faces at least five U.S. probes ranging from bribes to illicit software and right up to unethical pricing schemes. According to another Bloomberg report, Uber is under investigation for violating price transparency regulations, not to mention the alleged theft of documents for Google’s autonomous cars.

Some governments are sensing weakness in the ride-hailing service, and are moving toward banning the Uber app entirely. London is the most prominent example of a city that has taken definitive steps to outlaw the service over a “lack of corporate responsibility.”

Even with its legal troubles, Uber is a revolutionary technology that has influenced a bevy of other innovations aimed at improving the human experience.

Featured image courtesy of Shutterstock. 

Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.



Feedback or Requests?

Continue Reading

Breaches

Ethereum Notches Two-Month High as Bitcoin Offspring Triggers Volatility

Published

on

Digital currency Ethereum climbed to a two-month high on Monday, taking some of the heat off Bitcoin and Bitcoin Cash, which have slumped since the weekend.

// -- Discuss and ask questions in our community on Workplace.

Ethereum Forges Higher Path

Concerns over Bitcoin created a favourable tailwind for Ethereum (ETH/USD), which is the world’s No. 2 digital currency by total assets. Ether’s price topped $340.00 on Monday and later settled at $323.54. That was the highest since June 20.

At its peak, ether was up 10% on the day and 70% for the month of August.

The ETH/USD was last down 2.2% at $315.02, according to Bitfinex. Prices are due for a brisk recovery, based on the daily momentum indicators.

// -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- //

Fractured Bitcoin Community

Bitcoin and its offshoot, Bitcoin Cash, retreated on Monday following a volatile weekend. The BTC/USD slumped at the start of the week and was down more than 3% on Tuesday, with prices falling below $3,900.00. Just last week, Bitcoin was trading at new records near $4,500.00.

Bitcoin Cash, which emerged after the Aug. 1 hard fork, climbed to new records on Saturday, but has been in free-fall ever since. The BTH was down another 20% on Tuesday to $594.49, according to CoinMarketCap. Its total market value has dropped by several billion over the past two days.

Analysts say that a “fractured” Bitcoin community has made Ethereum a more attractive bet this week. The ether token has shown remarkable poise over the past seven days, despite trading well shy of a new record.

Other drivers behind Ethereum’s advance are steady demand from South Korean investors and growing confidence in a smooth upgrade for the the ETH network. The upgrade, which has been dubbed “Metropolis,” is expected in the next several weeks. Its key benefits include tighter transaction privacy and greater efficiency.

Ethereum Prices Unaffected by ICO Heist

Fin-tech developer Enigma was on the receiving end of a cyber-heist on Monday after hackers took over the company’s website, mailing list and instant messaging platforms. The hack occurred three weeks before Enigma’s planned Initial Coin Offering (ICO) for September 11.

In addition to defacing the company’s website, the hackers pushed a special “pre-sale” ahead of the ICO. While many users realized it was a scam, 1,492 ether tokens – valued at $495,000 – were directed into the hackers’ cryptocurrency wallet by unsuspecting backers.

The irony in all this is that Engima is a cryptography company that prides itself on top-notch security protocols. The company issued a statement that its servers had not been compromised.

ETH/USD (Bitfinex)

Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.



Feedback or Requests?

Continue Reading

Breaches

Ethereum Prices on Track for 35% Monthly Drop

Published

on

It has been a difficult month for ethereum. The world’s No. 2 digital currency has lost a third of its value over the past 30 days following a series of cyber breaches targeting vulnerable wallets and ICOs.

// -- Discuss and ask questions in our community on Workplace.

Ethereum Struggles to Regain Momentum

Ethereum (ETH/USD) was trading near $197.00 Sunday at 6:30 BST, according to Bitfinex. That represents a decline of around 5%. At current values, ethereum’s market cap was $18.4 billion.

The ETH/USD exchange rate has struggled throughout July, with prices briefly falling below $160.00. The decline, which amounted to a 60-day low, lured bargain-hunters back into the market. After surging back toward $250.00, the ETH/USD has consolidated below the $220-mark, which continues to offer strong resistance. On the opposite side of the spectrum, major support is located at $180.00.

A price recovery may prove elusive in the short-term, with the Relative Strength Index (RSI) and Stochastic indicator signalling weak underlying momentum.

// -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- //

Despite its recent decline, ethereum’s value has surged more than 2,200% this year.

Cyber Attacks, SEC Weigh on Market

The ethereum network suffered a large-scale cyber breach earlier this month resulting in the loss of tens of millions of dollars. A community of ethical hackers quickly banded together to “rescue” hundreds of millions of dollars worth of tokens.

Blockchain-based trading platform Coindash was also hijacked during an initial coin offering (ICO). The breach exposed Coindash’s ether wallet address, resulting in the loss of $7 million worth of ether.

The Securities and Exchange Commission (SEC) has also taken an interest in the ethereum-based ICO market. Last week, the regulator concluded that a certain multi-million dollar token sale last year violated securities law. Although ICOs have been compared to crowd-sourcing, the SEC maintained that some tokens were in fact securities.

Analysts say the SEC ruling could impact the future of ICOs, although it remains unclear how the regulator is pursuing this market. The SEC’s July 25 press release cautions investors about ICOs in general.

ETH/USD (Bitfinex)


Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.



Feedback or Requests?

Continue Reading

Trending