Puerto Rico Gov Hit By $2.6M Phishing Scam

A phishing scam has swindled a Puerto Rico government agency out of more than $2.6 million, according to reports. According to reports, the email-based phishing scam hit Puerto Rico’s Industrial Development Company, which is a government-owned corporation aimed at driving economic development to...

Research on Human Honesty

New research from Science: "Civic honesty around the globe": Abstract: Civic honesty is essential to social capital and economic development, but is often in conflict with material self-interest. We examine the trade-off between honesty and self-interest using field experiments in 355 cities...

‘China’s MIT’ Linked to Espionage Campaign Against Alaska, Economic Partners

An extensive cyberespionage campaign was disclosed today, targeting high-value international and U.S. government agencies and companies and emanating from an IP address associated with Tsinghua University, colloquially known as “China’s MIT.” The actors have gone after a range of targets, includi...

Chinese Quantum Satellite Sends First ‘Unhackable’ Data to Earth

In what appears to be the world's first quantum satellite transmission, China has successfully sent an "unbreakable" code over a long distance from an orbiting satellite to the Earth, achieving a milestone in the next generation encryption based on "quantum cryptography." In August last year, Chi...

'Hacking Team' Loses License to Sell Surveillance Malware Outside Europe

Hacking Team – the infamous Italy-based spyware company that had more than 400 GB of its confidential data stolen last year – is facing another trouble. This time not from other hackers, but from its own government. Hacking Team is infamous for selling surveillance spyware to governments and...