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Cyber firms warn on suspected Russian plan to attack Ukraine

Wednesday, 23 May 2018

Cisco Systems Inc on Wednesday warned that hackers have infected at least 500,000 routers and storage devices in dozens of countries with highly sophisticated malicious software, possibly in preparation for another massive cyber attack on Ukraine. Cisco's Talos cyber intelligence unit said it has high confidence that the Russian government is behind the campaign, dubbed VPNFilter, because the hacking software shares code with malware used in previous cyber attacks that the US government has ...

China launches unprecedented moon mission with Saudi technology

Monday, 21 May 2018

China on Monday announced the successful launch of a lunar communications relay satellite designed to support an unprecedented mission to put a lander and rover on the far side of the moon by late 2018. The launch includes an optical camera developed by Saudi Arabia, as part of an agreement between King Abdulaziz City of Science and Technology and the China National Space Administration. The Chang’e-4 mission aims to provide a means of communications for setting down and operating a lunar ...

S.Korea’s LG Group chairman dies from illness at 73

Monday, 21 May 2018

The chairman of South Korea’s LG Group, Koo Bon-moo, instrumental in transforming the country’s fourth-largest conglomerate into a global brand, passed away on Sunday after a year-long battle with a brain disease. LG Group said in a statement Koo, 73, had been ill for a year. A group official said Koo had been fighting a brain disease and had undergone surgery. The official declined to be named due to the sensitivity of the matter. “Becoming the third chairman of LG at the ...

Saudi cyber security body signs MoU with SAP Software

Thursday, 17 May 2018

Saudi Arabia’s Federation for Cyber Security and Programming (SAFCSP) on Wednesday signed a Memorandum of Understanding (MoU) with SAP Software company. The aim of the MoU is to provide high technology solutions for programming, cloud services, educational training and public services, Saudi Press Agency SPA said in a statement.

Wamda Group: Careem is the most important investment we have right now

Wednesday, 9 May 2018

In an interview with Al Arabiya on the sidelines of the Gateway Gulf conference, Fadi Ghandour chairman of Wamda Group said: “The economy of the century revolves around technology and we cannot envision future economies without technology and digital economy.”He added that the Arab youth contribute to introducing technological solutions to old problems experienced by societies, and that Bahrain is the main way to the important markets in the region such as Saudi Arabia. Historically ...

Egypt approves law to govern popular ride-hailing apps

Monday, 7 May 2018

Egypt's parliament has approved a law to govern popular ride-hailing apps Uber and Careem, which had faced legal challenges stemming from regulations designed for traditional taxis.The new law, as described Monday by state news agency MENA, establishes operating licenses and fees. It requires licensed companies to store user data for 180 days and provide it to Egyptian security authorities upon request.Uber welcomed the steps, while Careem declined a request for comment."This is a major ...

US asks foreign airports to strengthen passenger electronics screening

Friday, 4 May 2018

The Transportation Security Administration (TSA) wants foreign airports to tighten screening of US-bound passengers’ carry-on electronics and adopt US domestic security procedures instituted last year, according to officials and a memo to foreign airports.Amid growing concerns about the possibility of hidden explosives, TSA began stricter scrutiny of electronic devices by US travelers last summer.In July 2017, TSA began requiring domestic air travelers to remove all electronics larger than ...

‘My mistake, I’m sorry,’ Facebook’s Zuckerberg to tell Congress

Monday, 9 April 2018

Facebook chief Mark Zuckerberg will accept responsibility for the social network’s failure to protect private data and prevent manipulation of the platform, according to testimony released on the eve of his first Congressional appearance.“We didn’t take a broad enough view of our responsibility, and that was a big mistake. It was my mistake, and I’m sorry,” Zuckerberg said in his written testimony released by a House of Representatives panel. “I started ...

Saudi Crown Prince, Richard Branson tour Mojave Air and Space Port

Monday, 2 April 2018

Saudi Crown Prince Mohammed bin Salman arrived at the Mohavi Air and Space Base in the California desert. He was greeted by British businessman and Virgin Group Founder Richard Branson, who accompanied him on a tour of the base. The Prince's tour includes access to modern technologies that have never been revealed, including a spacecraft and a project of tunnels that can travel between long distances and other projects as well. Mojave is also the home of the National Test Pilot School, ...

Philippine banks on alert after cyber attack at Malaysia central bank

Sunday, 1 April 2018

The Philippine central bank has sounded an alert to local financial institutions following a cyber attack at the Malaysian central bank, in which hackers sought to steal money using fraudulent wire transfers, its governor said on Saturday. Bank Negara Malaysia (BNM) has said no funds were lost in the incident, which it identified on Tuesday, and involved falsified wire-transfer requests over the SWIFT bank messaging network, the latest in a series of electronic heists at financial institutions ...

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