In the wake of the hacking last week of U.S. consumer credit reporting agency Equifax Inc., security experts bemoaning are calling for big changes, including big penalties for the data brokers that hold so much information critical to everyone’s financial life. “For far too long, businesses have under-invested in software integrity, relying on network-based defenses that ...

Expanding its recent crackdown on initial coin offerings, the Chinese central government has now decreed a ban on bitcoin exchanges. In an unexpected move, the Central Bank of China ruled that all companies dealing in cryptocurrencies, not only bitcoin, will no longer be legal. The move has been described as a ban on “virtual currency trading services.” Chinese news ...

A new bill introduced in the U.S. House of Representatives Thursday would introduce a capital gains tax exemption for bitcoin and other cryptocurrency users who use their coins and tokens for small purchases. The Cryptocurrency Tax Fairness Act Of 2017, introduced to the house by Rep. Jared Polis, D-Colo., and Rep. David Schweikert, R-Ariz., both members of the ...

Crowdfunding services operator Indiegogo Inc. is cracking down on companies seeking to raise funds with a new set of rules that are meant to provide improved product disclosure to investors. At the top of the list is a rule change that will now require all companies raising money on Indiegogo to disclose the current state of their product. ...

Consumer credit reporting agency Equifax Inc. has been hacked, resulting in the theft of personal information of 143 million American consumers. Details of how the hack took place are not entirely clear at this stage. The company described the access, revealed Thursday, as happening via a “website application vulnerability.” But it’s known that the stolen data ...

Israeli startup Innoviz Technologies Inc. has raised $65 million to move its self-driving car technology into mass production. The Series B round was led by Delphi Automotive and Magna International Inc. and included existing investors Zohar Zisapel, Vertex Venture Capital, Magma Venture Partners, Amiti Ventures and Delek Motors. Other new investors were 360 Capital Partners, Glory ...

Top-secret data on military personnel and contractors has been exposed online in another case of a company misconfiguring Amazon Web Service Inc. cloud storage service. The latest AWS bungle comes from a private military contractor from North Carolina called TigerSwan. It involves resumes and other personal details for job applicants, including information classified “Top Secret,” being left ...

A critical security flaw in Apache Struts2, the open-source software framework installed on web servers to host applications written in the Java programming language, exposes web services to hacking, according to newly published research. The flaw, discovered by security firm lgtm.com, allows hackers to run code remotely on servers that run Java applications that utilize REST, a plugin that’s found ...

Aiming to extend further into cloud computing, Hewlett Packard Enterprise Co. today said it has acquired Boston, Massachusetts-based cloud solutions provider Cloud Technology Partners Inc. Founded in 2010, CTP assists companies in planning, designing and building cloud solutions for applications and infrastructures that aim to reduce information technology costs and streamline operations. Supporting Amazon Web Services, Google ...

Despite fears that missile and nuclear tests by North Korea may spark a new world war, Tesla Inc. Chief Executive Elon Musk is once again warning that a new global conflict will be caused not by Kim Jong-un but instead by artificial intelligence. Musk, who most recently stated a strong dislike for killer robots, took to ...