It started with a text and cost her US$20,000. Why investment scams are getting harder to spot

L was having a tough time when Leena reached out. It was summer 2023. L, who's in her 30s, had relocated to another state from the Bay Area for a job that didn't work out. (The Chronicle is referring to her by her first initial under its confidential sources policy, since people who have been victims of scammers...

McDonald’s Instagram account hacked by promoters of Grimace coin

McDonald’s Corp’s account on Instagram was hacked Aug 21 in an apparent scam involving a cryptocurrency named after Grimace. Screenshots published by an X user showed a post on the chain’s Instagram leading to a “McDonald’s experiment” on the blockchain platform Solana. Another encouraged users to post whether they owned a coin named after Grimace, the...

Opinion: The ‘paedophile problem’ in kids’ video games

When my husband bought the then-5-year-old a Nintendo Switch, I made a list articulating all my reservations about my child having a gaming console so young. I worried about the dopamine of it all, about my son becoming accustomed to getting the immediate gratification that comes from a game and how it would impact his...

Social media providers face fines, jail without valid licence by Jan 1, warns Fahmi

PUTRAJAYA: Social media providers without a valid licence by Jan 1 next year may face fines or jail, warns Fahmi Fadzil. The Communications Minister stressed that the licensing only applies to social media platforms and was not aimed at regulating social media users or influencers. “For now, we have determined that action can be taken under Section...

Malicious actors trying to exploit global tech outage for their own gain

As the world continues to recover from massive business and travel disruptions caused by a faulty software update from cybersecurity firm CrowdStrike, malicious actors are trying to exploit the situation for their own gain. Government cybersecurity agencies across the globe and CrowdStrike CEO George Kurtz are warning businesses and individuals about new phishing schemes that involve...

‘Fix’ deployed for bug that caused global IT outage: CrowdStrike

PETALING JAYA: A fix has been deployed for a bug that caused a global IT outage affecting airports, banks and media across the world, the CEO of CrowdStrike antivirus firm said Friday (July 19) according to AFP. "CrowdStrike is actively working with customers impacted by a defect found in a single content update for Windows hosts......

Leading the way in cybersecurity education

CYBERSECURITY incidents often result in severe economic consequences, affecting companies and nations alike. A targeted cyber attack can lead to financial losses, damage to reputation and a downturn in investor confidence. Recognising this, Malaysia has placed a significant emphasis on strengthening its cybersecurity workforce, as Prime Minister Datuk Seri Anwar Ibrahim announced the need for 25,000 cybersecurity...

To protect smartphones and, above all, the sensitive personal data stored on them, Google will be launching a new series of anti-theft features. Making a factory reset harder for thieves Google is going to update the classic factory reset to make it virtually impossible for a thief to use this function. Indeed, when a smartphone is stolen,...

Google stopped more than two million malicious apps getting into the Play Store in 2023

In 2023, Google prevented 2.28 million applications violating its security rules from getting into the Play Store. In addition, almost 200,000 app submissions were rejected or amended to ensure the correct use of sensitive permissions such as access to background location data or SMS messages. In the space of a year, 333,000 developer accounts have been...

SEC account hack amplifies concerns over security at Elon Musk’s X

The US Securities and Exchange Commission said its account on social network X was “compromised”, leading to a spike in the price of Bitcoin and raising fresh questions about X’s reliability as a source of information and the strength of its security practices. The incident, one of the most consequential breaches in years on the platform...