Elon Musk’s internet from space: 60 new SpaceX satellites bring US service closer
Elon Musk’s SpaceX on Monday launched 60 more Starlink satellites into low Earth orbit, bringing the company’s Starlink satellite broadband internet service closer to its planned mid-2020 go-live date for the US and Canada. The Monday launch of SpaceX’s Falcon 9 rocket from Cape Canaveral Air Force Station, Florida, is one of six more launches […]
Rapyd FinTech Announces Single Cashless Platform In Singapore
Global FinTech Rapyd announced that it has launched a single platform in Singapore that enables businesses to go cashless. The company has partnered with key players on “Singapore Platform,” which will allow consumers and businesses to make payments electronically, convert cash to electronic payment methods or receive funds instantly. “I am thrilled to be able […]
ACLU accuses federal government of hiding its use of facial recognition technology
The American Civil Liberties Union, accusing the federal government of hiding its use of facial recognition technology, filed a lawsuit to get more information about the potential invasion of privacy. The civil rights group petitioned a federal court Thursday to force the FBI and the Drug Enforcement Administration to reveal details about their biometric identification […]
UAE ‘very close’ to becoming a cashless society
Dubai could see $2.2bn uptick in the economy by adopting more cashless facilities, say experts. The UAE is moving ever closer to becoming a cashless society, attendees at the Success 2020 Arabian Business forum were told. Multiple government initiatives in the UAE have led to a sharp increase in digital transactions. “There’s a lot of […]
China Space Startup Takes On SpaceX, To Launch Satellites For 5G Connection
Galaxy Space, a Chinese private satellite developer, secured a new round in funding as it continues to develop communication satellites that may rival those of SpaceX. The Series B funding round on Sept. 16 was led by JIC Investment and four other investors, including Shunwei Capital, IDG Capital, Legend Capital, and Morningside Venture Capital. The […]
Benefits of cashless payments outweigh alternatives
The Central Bank Nigeria (CBN) has revisited the cashless policy it floated about seven years ago, but this time, with a resolve to ensure compliance with the imposition of subtle charges for die-hard cash transaction apologists, reports, SIMEON EBULU. It’s almost four weeks now that the Central Bank of Nigeria (CBN) rolled its sleeves to […]
Getting a new mobile number in China will involve a facial-recognition test
China is taking every measure it can to verify the identities of its over 850 million mobile internet users. From Dec. 1, people applying for new mobile and data services will have to have their faces scanned by telecom providers, the Ministry of Industry and Information Technology said in a Sept. 27 statement(link in Chinese). MIIT said the step […]
Biometric Hacking: Even Your Face is Hackable
The ability to confirm a user’s identity with facial recognition may seem like the most effective and reliable method of authentication in today’s world. But researchers in China have proven that even biometric authentication is not infallible, or un-hackable. Through a course of experiments, researchers from Tencent Security’s Zuanwu Lab in China determined that the […]
Hackers ‘educating’ themselves to launch IoT attacks
What the cyber security experts discovered after taking a sneak peek into the flourishing knowledge-sharing networks is spine-chilling. Hackers operating underground are seen arming themselves for an attack on Internet of Things (IoT) devices as they see a proliferation of connected gadgets, both at homes and in the organisations in the near future. In particular, […]
Database leaks data on most of Ecuador’s citizens, including 6.7 million children
Elasticsearch server leaks personal data on Ecuador’s citizens, their family trees, and children, but also some users’ financial records and car registration information. The personal records of most of Ecuador’s population, including children, has been left exposed online due to a misconfigured database, ZDNet has learned. The database, an Elasticsearch server, was discovered two weeks […]