Recent Posts

Asia Business Law Journal Interviews JJ Disini on Fintech

“Fintech”, short for financial technology, has become a major buzzword in recent years, especially in the most developed countries of the world. It is, however, still a relatively murky concept in some areas of the Asia-Pacific, even though it has already brought significant change to the economic landscape in the region. Many experts are seeing enormous fintech opportunities in the Asia-Pacific, and are also predicting the region to surpass the US and Europe in fintech innovations. Some say that government support, regulatory facilitation, consumer willingness, and easy access to capital are just a few of the reasons contributing to this […]

340 Apps on Google Play Infected with GhostClicker Adware

340 Apps on Google Play Infected with GhostClicker Adware

Researchers from Trend Micro have discovered around 340 apps in Google Play Store infected with the GhostClicker malware.   The malware is designed to click on the adware developer’s ads served on Google AdMob platform, similar to Skyfin and Mapin. It also generates popup ads, and redirects users to websites specified by the developer. Experts say that the malware is intended for monetary profit and not for stealing personal data. Researchers added that GhostClicker has been active in Play Store since August 2016. As of August 7, 101 out of 340 apps reported as infected were still present in Play […]

Spanish Researchers Develop Technology That Can Spot Pirated, Forged Images

Spanish Researchers Develop Technology That Can Spot Pirated, Forged Images

Researchers from the Barcelona’s Universitat Oberta de Catalunya are currently developing a watermarking system that can help identify doctored video and images. Mehdi Fallahpour and David Megías of the Kriptography and Information Security for Open Networks (KISON) group has revealed that their method can embed more information per second compared to similar existing technologies. However, what makes it groundbreaking is its reversibility, which allows the media to be restored to its original state. Yolanda Pena, a digital-rights lawyer says that while the technology will be a big help in determining fraudulent use of digital content should copyright owners want to […]

Attackers May Take Advantage of “Unpatchable” Bug in New Cars

Attackers May Take Advantage of “Unpatchable” Bug in New Cars

A “flaw” in the in the Controller Area Network (CAN) of modern cars can allow hackers to shut down critical components in modern cars such as airbags and brakes. Discovered through a collaboration of Linklayer Labs, Politecnico di Milano, and Trend Micro’s Forward-looking Threat Research (FTR) team, the vulnerability was determined to be “unpatchable”, since it was a standard design choice. Fixing it would mean changing how the CAN works at the most basic level. Researchers say that realistically speaking, the problem will only likely be resolved in the next generation of vehicles. The CAN protocol was developed by Bosch […]

Google’s Data-friendly Search App Slated for Release

Google’s Data-friendly Search App Slated for Release

According to tech website Android Police, Google is already running a pilot of a data-friendly version of their search app in Indonesia. Unofficially named “Search Lite”, the search app is designed to conserve data and use less resources , making it ideal for locations that use low spec smartphones with poor Internet connection and data caps. Aside from being able to connect to Google’s news, weather and translation services, the app can also open external websites in its browser. This comes in line of the search giant’s focus on developing services for upcoming markets such as India and Southeast Asia. […]

Unikrn to Launch $100m Cryptocurrency Sale in September

Unikrn to Launch $100m Cryptocurrency Sale in September

Seattle, USA – US sports betting platform Unikrn will be holding an initial coin offering next month amounting to $100 million in cryptocurrency. The company’s new coin called UnikoinGold, will be available for pre-selling within the next few weeks, while the crowdsale will be in September. UnikoinGold will be replacing the Unikrn’s current coin, Unikoin. Co-founder and CEO Rahul Sood, who previously ran Microsoft’s startup venture fund, revealed that his company embraced cryptocurrency to bypass the banks, who were difficult to work with. He says it is the only route to avoid dealing with difference currencies and borders. Source: Reuters

Taxi-hailing Smartphone App Now Available in Manila

Taxi-hailing Smartphone App Now Available in Manila

A taxi booking app similar to Uber and Grab has been launched last week for use in areas around Metro Manila. The app called “MiCab” was developed in Cebu by developer Eddie Ybanez, where it is already being used by around 600 accredited taxis. The Micab company says that the main advantage their app has over the competition is that it doesn’t have a surge pricing scheme. Micab also features a proprietary communication system that allows the passenger and driver to communicate in real time, in addition a customer support ticketing system, credit/debit payment options, and a rider reward system. […]

Indian “Techies” Arrested in Connection with Game of Thrones Leak

Indian “Techies” Arrested in Connection with Game of Thrones Leak

HBO distribution partner Star India revealed on Tuesday that  four employees associated with Indian technology vendor Prime Focus Technologies have been arrested in connection to the leak of an unaired Game of Thrones episode. The Indian media firm released a statement, expressing their gratitude for the swift police assistance. They added that they are taking the leak seriously and are currently conducting a forensic investigation to determine the cause of the leak.   Premium cable network HBO High-profile data breach case where hackers obtained and leaked a number of information including scripts and episodes of Game of Thrones and other […]

Six More Chrome Extensions Get Hijacked with Malicious Code

Six More Chrome Extensions Get Hijacked with Malicious Code

Last Tuesday, a security researcher from Proofpoint discovered that six more Chrome extensions have been hijacked to deliver malicious code to an estimated 4.8 million users. Kafeine revealed that the following extensions have been compromised: Chrometana 1.1.3 [source] Infinity New Tab 3.12.3 Web Paint 1.2.1 [source] Social Fixer 20.1.1 [source] TouchVPN Betternet VPN The malicious code is designed to make ad replacements on legitimate sites and generate intrusive popups that redirect the user to a website specified by the attacker. Previously, extensions Copyfish and Web Developer have been hijacked in a similar manner where the hackers used a phishing email […]

Chinese Hackers Hides Backdoor in SoKor Enterprise Software

Chinese Hackers Hides Backdoor in SoKor Enterprise Software

Kaspersky Lab researchers have discovered that hackers, suspected to be from China, have managed to install a backdoor in NetSarang’s software packages. Evidence gathered suggest that the hackers may have either patched legitimate apps to add the backdoor trojan, or breached the South Korean software maker’s servers and tampered with the source code to generate apps that have the backdoor. The following NetSarang apps have been backdoored, according to Kaspersky’s findings: Xmanager Enterprise 5 Build 1232 Xmanager 5 Build 1045 Xshell 5 Build 1322 Xftp 5 Build 1218 Xlpd 5 Build 1220   NetSarang has since cleaned its servers and […]

Trump Attacks Amazon on Twitter

Trump Attacks Amazon on Twitter

Last Wednesday, US President Donald Trump took to Twitter once again to launch criticisms at retail giant Amazon. In the tweet, Trump said that Amazon is hurting tax paying retailers and causing job losses throughout cities and states. This remark is the latest in a string of criticisms the US president has made against Amazon and its CEO Jeff Bezos, who is the owner of the Washington Post. The newspaper has written a number of pieces against Trump and his administration. The tweet comes at a delicate time for Amazon who is in the process of acquiring Whole Foods. Some […]