Old news articles that are still interesting today. (WSJ - 24 Mar 2016)

in steemit •  8 years ago  (edited)


 (image source: @WSJGraphics) 

U.S. Eyes New Way to Unlock iPhone 

  • The gov’t may have found a way to unlock the iPhone in question without the help of Apple. 
  • Feds say they were contacted by a third party that claimed they could unlock the phone. 
  • The unnamed group is not another US intelligence agency, but most likely, speculating, a group of hackers. 
  • “We will not shrink from this responsibility,” said Mr. Cook, “We need to decide as a nation how much power the government should have over our data and over our privacy.” 
  • “Given that the prosecutors’ last-minute change of course appeared to mark a retreat for the government.”
  • Apple said that they could unlock the iPhone but that would call for new operating system and put millions of iPhones at the mercy of government intrusion. 
  • The gov’t claims this is a special case because it deals with an act of terror but would set a dangerous precedent.  
  • “Apple designed to make its products ‘warrant-proof.’” 
  • “Apple has suggested the government bungled a key opportunity when investigators reset the device’s backup storage password.”   

Hackers Monitored Bangladeshi Bank  Report finds that the group breached up to 32 computers 

  • As recently reported the group of hackers stole $100mm from the India’s bank account at the US Federal Reserve by exploiting SWIFT codes. 
  • The hackers had been monitoring the bank’s transactions and activity before the theft took place. 
  • They were able to gain access to the Bangladesh account by introducing malware into the bank’s server. 
  • As well as the dangerous code the hackers also had planted key loggers into servers/computers to gain access to the necessary SWIFT codes. 
  • The tactic of monitoring the activities of the bank allowed them to make transaction requests that did not see out of the ordinary to the Federal Reserve. 
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