Featured: Privacy News Online – Week of January 1st, 2021
ACLU sues to find out how the FBI is breaking into encrypted devices
Court documents show that the Federal Bureau of Investigation has been regularly accessing locked, encrypted devices. However, despite the literal court evidence of the practice, the agency refuses to tell the public how it is being done. The ACLU originally sent a freedom of information act request to learn more, but the FBI responded that they could neither confirm nor deny the existence of such capabilities. The ACLU has now filed an injunction against the FBI for violating the Freedom of Information Act.
IMF suggests that your credit score could be based on your internet history
A new research paper from the International Monetary Fund identified fintech trends that are coming to our world – including the formal suggestion that in the future, a person’s credit score could be determined by internet history and even the device used to access the internet. Traditionally, banks and other financial institutions make credit worthiness decisions based on hard data like employment status and proven income; however, tech companies like Facebook and Google increasingly have amassed large amounts of soft data such as internet history that could also be used for the same purpose.
Proposed FinCEN regulation would create financial surveillance net for cryptocurrency transactions
A new financial regulation proposed by the US Treasury would force money service businesses to start de-anonymizing cryptocurrency transactions. FinCEN wants all licensed cryptocurrency services to track and report transactions sent to custodial wallets, this would allow the government to create a financial surveillance net to eventually track all transactions on a target blockchain and introduce a list of banned addresses. Concerned parties have until the 4th of January to submit a formal comment against the proposed regulation.
More Privacy News This Week:
The widening SolarWinds debacle shows why the reckless idea of backdooring encryption must be dropped forever
The fallout from the SolarWinds hack is still being revealed, but we do know for sure that the cybersecurity debacle happened because the hackers utilized a backdoor that was built into SolarWinds software. These are the exact same type of backdoors that the government wants tech companies to build into their encryption. Hopefully governments realize soon that there’s no such thing as a backdoor that can be only used by the good guys.
Academics turn RAM into Wi-Fi cards to steal data from air-gapped systems
Researchers at an Israeli University have found a new way to exfiltrate data from an airgapped/non networked systems. Dubbed Air-Fi, the hack manipulates physical ram to emit electromagnetic waves that emulate a Wi-Fi signal
Adobe Flash rides off into the sunset
Adobe has officially terminated all support and updates for Flash Player, security or otherwise. Make sure to uninstall Adobe Flash Player from your computer and avoid downloading Adobe Flash updates which you can assume are malware.
Brought to you by Private Internet Access
Privacy News Online is brought to you by Private Internet Access, the world’s most trusted VPN service.
Special thanks to Intego
Thank you to Josh Long, our cybersecurity correspondent from Intego, makers of award-winning security software.
The post Privacy News Online | Weekly Review: January 1, 2021 appeared first on Privacy News Online by Private Internet Access VPN.