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Hackers Target Moscow Newspaper for Not Showing Favor to Putin

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The Moscow Times continues to be attacked, following critiques of their coverage of Vladimir Putin. It’s unknown the cause, but editor Nabi Abdullaev said it was not a DDoS (distributed denial of service) that they’ve seen in the past.

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Speaking with the Guardian, Abdullaev said he had no idea about the reasons for the attack. However, it may connect to the recent sentiment toward their coverage.

Recently The Moscow Times has come under fire from people who consider it to be anti-Kremlin. According to readers, their content shows too much of a western slant on Russia during times of increasing social conflict between the country and the West.

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This is not a newspaper for tourists or expatriates,” said Russian columnist Israel Shamir in Izvestia. “This militant anti-Putin paper, a digest of the Western press with extreme bias in covering events in Russia – ‘the country of lawlessness.

The Moscow Times Previously Hacked

Moscow PutinThis attack is not the first time the newspaper struggled with aggression. In December, a DDoS attack took down The Moscow Times for two days. Prior to that, The Moscow Times struggled with advertisements on their website that were infected with malware.

Dear readers, the malware alerts you may be experiencing are due to a coding error in our ad banners. We will fix this asap, but in the meantime please ignore the alerts and proceed to the website. We apologize for the inconvenience!

The Moscow Times is owned by a Finnish company called Sanoma, based in Helsinki. Their possible bias may stem from a different worldview, as tensions between Russia and many Western countries has been increasing for years. While the tension is mostly from a United States and Russian perspective, events like the current situation in Ukraine send shockwaves throughout Europe as well.

Speaking of Ukraine, a country that Russia now refers to as Crimea due to an annex last Spring, an example of The Moscow Times’ possible bias could come from their coverage of the event. Pro-Kremlin groups could read the article by Human Rights Watch researcher Julia Gorbunova and see the event referred to as a “surge in rights abuses” and take offense.

Also Read: Russians Rallying Against Putin Using FireChat Messaging App

One reader on Reddit came forth in December, arguing that The Moscow Times wasn’t biased, but it was simply in a league of its own.

You have serious newspapers known for news and business – The Washington Post, New York Times, Wall Street Journal. You have tabloid newspapers known for being ridiculous – The Daily Mail, The New York Post, The Sun. The Moscow Times is in another category: free independent newspapers that are very focused on local news, contain advertising for local businesses, and have a local entertainment guide.

The fact that The Moscow Times is owned by a foreign entity is also bad news for the newspaper, as a law signed by Putin put into effect rules that govern how much Russian media can be owned by non-Russian companies. The law may also spur bias in their reporting, but it’s unlikely.

Photograph from Wikimedia Commons, featured image from Shutterstock.

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5 Comments

5 Comments

  1. makecoin

    February 9, 2015 at 5:26 pm

    Why is this article here it has nothing to do with crypto and really who gives a damb about puttin.I could use a puttin to knock around the golf course.

    • Clay Michael Gillespie

      February 9, 2015 at 10:04 pm

      This is on Hacked.com, a news source for hacker news. While we are in partnership with CryptoCoinsNews, we do not always cover the cryptocurrency content unless its revelvant.

    • Kastein

      February 10, 2015 at 8:35 am

      Hacked.com is not just about cryptocurrencies.

  2. makecoin

    February 10, 2015 at 4:17 pm

    oh okay but could you not at least leave the portrait out it makes it look like it is all about puttin not about some hacking whats he think he is a movie star now

  3. sikaniska

    February 13, 2015 at 4:29 am

    We are seeing the electronic version of book bonfires after the Kristallnacht. The Foreigner is becoming the new “Jude” in Russia.

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Breaches

Uber Is Paying Hackers to Keep Quiet

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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.

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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.

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“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. 

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Ethereum Notches Two-Month High as Bitcoin Offspring Triggers Volatility

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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.

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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.

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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.

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Ethereum Prices on Track for 35% Monthly Drop

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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.

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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.

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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)


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