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ComputerWorldIndependent
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ASUS Live Update Utility cracked, installs ShadowHammer backdoor on 1M PCs, but only 600 targeted

Credit to Author: Woody Leonhard| Date: Mon, 25 Mar 2019 09:28:00 -0700

Great way to wake up on Monday morning, especially if you own an ASUS machine.

Kaspersky just published a teaser for a more thorough explanation to come in two weeks at the Kaspersky Security Analysts Summit in Singapore. It’s quite an eye-opener.

Apparently somebody broke into the ASUS update servers, and swapped out a valid software/firmware update with one of their own. The bogus update looked like the genuine thing, with a valid certificate, and its size matched the original’s size. As a result, the bad update stayed on ASUS’s servers “for a long time.”

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ComputerWorldIndependent
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How blockchain is becoming the 5G of the payment industry

Credit to Author: Lucas Mearian| Date: Mon, 25 Mar 2019 03:00:00 -0700

As more blockchain-based payment networks and fiat-backed digital currencies – including one from the largest U.S. bank – emerge, experts and analysts are predicting a sea change for the financial services industry.

“I think you’re starting to see a growing consensus,” said Matt Savare, a partner who works in the technology group of New Jersey-based law firm of Lowenstein Sandler LLP. “I do quite a bit of FinTech and I can tell you my clients… the banks, are inherently conservative – at least the large ones. But once they see other banks adopt new technologies, you see it snowball. Other banks will often join on in pretty quick fashion.”

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ComputerWorldIndependent
admin

How blockchain is becomming the 5G of the payment industry

Credit to Author: Lucas Mearian| Date: Mon, 25 Mar 2019 03:00:00 -0700

As more blockchain-based payment networks and fiat-backed digital currencies – including one from the largest U.S. bank – emerge, experts and analysts are predicting a sea change for the financial services industry.

“I think you’re starting to see a growing consensus,” said Matt Savare, a partner who works in the technology group of New Jersey-based law firm of Lowenstein Sandler LLP. “I do quite a bit of FinTech and I can tell you my clients… the banks, are inherently conservative – at least the large ones. But once they see other banks adopt new technologies, you see it snowball. Other banks will often join on in pretty quick fashion.”

To read this article in full, please click here

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