Banking Trojans from Zbot to Goz

Banking Trojans from Zbot to Goz Horace C. White  Modern Tokyo Times Banking Trojans increase by 16% in 2018 Moscow-based cybersecurity firm Kaspersky Lab Solutions has raised an alarm over the skyrocketing number of cyberattacks with popular malware, Banking Trojans. According to the cybersecurity company, Banking Trojans attacked about 889,452 users of its anti-phishing software…

Financial solution for cyberattacks should entail cyber insurance

Financial solution for cyberattacks should entail cyber insurance Horace C. White  Modern Tokyo Times Cyberattacks impacting well-known brands In December 2018, the Modern Tokyo Times reported that one of the world’s leading hotel chains, Marriot International, came under heavy cyberattacks. In the report, the Modern Tokyo Times pointed out that the unknown cyber assailants compromised…

Is the WhatsApp under attack by GIFs? 

Is the WhatsApp under attack by GIFs?  Horace C. White  Modern Tokyo Times WhatsApp chats are vulnerable to malicious GIF – Expert Warns Instant messaging services (IMS) enable users to seamlessly connect with friends, family members and colleagues. With such services, a user can send a very important message to another, and the message is…

Cyber systems and LockerGoga

Cyber systems and LockerGoga Horace C. White Modern Tokyo Times  LockerGoga: Are manufacturing companies under threat? I.T.-based companies around the world are investing a sizable fraction of their revenues in building formidable cyber defense systems against viruses. For many of them, devoting a huge sum of their revenues to upgrading their firewalls and antivirus software…

Cyberattacks and NotPetya ransomware

Cyberattacks and NotPetya ransomware Horace C. White Modern Tokyo Times  Mondelez vs. Zurich case turn the spotlight on insurance companies Much as the widely reported NotPetya malware attacks are gradually disappearing from the headlines, its aftermath still holds sway. Apparently, the Mondelez vs. Zurich Case has become a constant reminder that several companies are still…

Skynet surveillance system in China: Friend or foe?

Skynet surveillance system in China: Friend or foe? Horace C. White  Modern Tokyo Times  China’s Skynet places all of its citizens under surveillance  In an effort to build a perfectly controlled society, China has developed a surveillance system that will monitor everyone living in the country. According to the Chinese authorities, Skynet surveillance system will…

Is Facebook on the verge of downfall?

Is Facebook on the verge of downfall? Horace C. White Modern Tokyo Times  The Possible Downfall of Facebook Facebook! Facebook! Facebook! Indeed, that name rings a bell. Even in the remotest part of the world, Facebook is a well-known social media (SM) platform. In fact, this mirrors its unparalleled popularity. As a social network, Facebook…

LockerGoga wrecking havoc on cyber systems

LockerGoga wrecking havoc on cyber systems Horace C. White Modern Tokyo Times  LockerGoga: Are manufacturing companies under threat? I.T.-based companies around the world are investing a sizable fraction of their revenues in building formidable cyber defense systems against viruses. For many of them, devoting a huge sum of their revenues to upgrading their firewalls and antivirus…

Cyber insurance may be the solution for preventing cyberattacks 

Cyber insurance may be the solution for preventing cyberattacks  Horace C. White  Modern Tokyo Times Cyberattacks impacting well-known brands In December 2018, the Modern Tokyo Times reported that one of the world’s leading hotel chains, Marriot International, came under heavy cyberattacks. In the report, the Modern Tokyo Times pointed out that the unknown cyber assailants…

Are Banking Trojans on the rise?  

Are Banking Trojans on the rise?   Horace C. White  Modern Tokyo Times Banking Trojans increase by 16% in 2018 Moscow-based cybersecurity firm Kaspersky Lab Solutions has raised an alarm over the skyrocketing number of cyberattacks with popular malware, Banking Trojans. According to the cybersecurity company, Banking Trojans attacked about 889,452 users of its anti-phishing…

Common cybersecurity standards a solution sites Huawei to allay US concerns

Common cybersecurity standards a solution sites Huawei to allay US concerns Noriko Watanabe and Lee Jay Walker  Modern Tokyo Times Huawei, understanding international concern about security risks is calling for the need for an international approach to allay fears of certain governments. This notably applies to America and staunch allies that have also spoken out…

Will Russia disconnecting from the Internet up the stakes in cyber defense?

Will Russia disconnecting from the Internet up the stakes in cyber defense?  Horace C. White  Modern Tokyo Times U.S.-Russia relations may worsen as Russia initiates moves to disconnect from the Internet  Just when everyone thought that the Cold War between the United States and Russia had ended, Russian officials are taking major steps that suggest it…

Google slammed for GDPR violation by the European Union

Google slammed for GDPR violation by the European UnionHorace C. White Modern Tokyo Times Google becomes the first victim of GDPR On Friday, May 25, 2018, customers of tech-based companies received loads of email, notifying them that their service providers would be updating their Privacy Policy. Indeed, these companies were reacting to the deadline issued…

Is China’s Skynet detrimental to the entire human race?

Is China’s Skynet detrimental to the entire human race?   Horace C. White  Modern Tokyo Times  China’s Skynet places all of its citizens under surveillance  In an effort to build a perfectly controlled society, China has developed a surveillance system that will monitor everyone living in the country. According to the Chinese authorities, Skynet surveillance system…

Will quantum computing cripple the cryptocurrency?

Will quantum computing cripple the cryptocurrency?  Horace C. White Modern Tokyo Times Quantum computing: the underrated cryptocurrrency threat Cryptocurrency is a crypto-asset that uses secure cryptography to process financial transactions. Last week, blockchain service enabler Ternio launched its first blockchain product, BlockCard (TM). Blockcard (TM) is one of the three crypto debit cards in the United States. According…

Lack of diversity at U.S. tech companies stifles innovation

Lack of diversity at U.S. tech companies stifles innovation Horace C. White  Modern Tokyo Times  The US tech industry stifles innovation To lots of millennials out there, the Internet was the best thing that ever happened to their generation. In truth, this makes perfect sense given the degree of transformation the interconnected computer network (otherwise…

Ripple may change the calculus in Huawei fiasco caught in the US-China trade crossfire

Ripple may change the calculus in Huawei fiasco caught in the US-China trade crossfire Horace C. White Modern Tokyo Times Huawei caught in the US-China trade crossfire The trade dispute between the United States and China is far from over as Chinese telecom equipment giant Huawei Technologies has become its latest prey. Indeed, the trade…

United States tech companies failing to heave Trump’s stance on China

United States tech companies failing to heave Trump’s stance on China Horace C. White Modern Tokyo Times When U.S. President Donald Trump came into office, he left no one in doubt regarding his stance on China. Through actions, tweets, and utterances, President Trump sent out strong-worded messages that China has become U.S. arch rival. While the Chinese government appears perturbed by this development, it is apparent that its primary focus is helping Chinese firms build their global brands with Africa a strategic partner.…