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US Senator Wyden Proposes Bill That Could Jail Executives Over Repeated Data Privacy Violations

U.S. Democratic Senator Ron Wyden released an early draft of a bill today that would subject company CEOs and senior executives to tough penalties including 10 to 20 years of imprisonment for failing to protect consumer data. more

U.S. Government Extends Its Cooperative Agreement With Verisign, Green Lights .Com Price Increase

NTIA released a statement today announcing the agreement reached to extend and modify Verisign's Cooperative Agreement. more

Weekend Cyberattack on Pakistani bank reported to be a Historic $6 Million Loss, Bank Denies Claim

Karachi-based Bank Islami revealed Saturday morning that it had detected abnormal transactions resulting in 2.6 million Pakistani rupees, roughly $19,500 and precautionary steps where taken immediately. more

China Telecom Accused of Misdirecting Internet Traffic

A paper published by the Naval War College titled, "China's Maxim - Leave No Access Point Unexploited: The Hidden Story of China Telecom's BGP Hijacking," accuses the Chinese government of manipulating BGP routing in order to intercept internet traffic. more

Amazon Gets the Green Light for .Amazon TLD Following Intense Negotiations Involving South America

ICANN has lifted the stop on delegating the .amazon top-level domain, allowing the delegation of the domain to the company Amazon Inc. over the South American region. more

Berners-Lee Warns About the Danger of Concentration Regarding Growing Dominance of Tech Giants

World Wide Web founder Tim Berners-Lee speaking during an interview this week, warned Silicon Valley technology giants have grown so dominant they may need to be broken up. more

IBM to Acquire Red Hat, Plan to Provide Open Approach to Cloud

IBM and Red Hat, leading provider of open source cloud software, announced today that IBM will acquire all of the issued and outstanding common shares of Red Hat representing a total enterprise value of approximately $34 billion. This changes everything about the cloud market, says Ginni Rometty, IBM President and CEO. "IBM will become the world's #1 hybrid cloud provider, offering companies the only open cloud solution that will unlock the full value of the cloud for their businesses." more

Berners-Lee Launches Global Campaign to Save the Web From Destruction

Tim Berners-Lee has called on governments, companies and individuals to back a new "Contract for the Web" that aims to protect people's rights and freedoms on the internet. more

US Copyright Office Expands Security Researchers' Ability to Hack Without Going to Jail

The Librarian of Congress and US Copyright Office has updated the Digital Millennium Copyright Act extending some essential exemptions ensuring that computer security researchers won't be treated like nefarious criminals for their contributions to society. more

Yahoo Agrees to Pay $50M and Other Costs for the Massive Security Breach Disclosed in 2016

Yahoo today announced it has agreed to pay $50 million in damages and will offer two years of free credit-monitoring services to 200 million people whose email addresses and other personal information were stolen as part of the massive security breach. more

Easy Access to ICANN, IP Address Data Beats Info on Encrypted Data, Says Telstra Cybersecurity Head

When it comes to fighting cybercrime, "being able to easily access ICANN and look up IP addresses is a lot more important than accessing the minutiae of encrypted data communications," says Jacqueline McNamara, head of cybersecurity at Telstra. more

NTIA Chief Suggests “Cooling Off Periods” for ICANN Staff Before Moving On to Outside Jobs

In a statement delivered during the ICANN63 in Barcelona, David Redl,
Assistant Secretary of Commerce for Communications and Information (NTIA) said that while the community has greatly improved ICANN's accountability there is still room left for improvements. more

Schneier: Lasting IoT Security Will Only Happen if Governments Start Introducing Stiff Penalties

Without regulation, there is little hope companies will implement proper security protection measures for IoT devices, said author and security expert Bruce Schneier, during a panel discussion at the Aspen Cyber Summit. more

Neglected Domain Renewals Increasingly Scooped Up by Crooks for Credit Card Stealing Purposes

The registrant of domain names with decent traffic who fail to renew them are proving quite costly for owners and others. more

Nigerian Cable Company Takes Blame for Misrouting Google's Global Traffic Through China

Much of Google's traffic yesterday appeared to be re-routed through Russia and dropped at China Telecom. The issue raises serious concerns as a possible traffic hijacking incident. more

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