Russian IT service provider IBS is considering holding an initial public offering in 2018, two financial market sources and a source familiar with the company’s plans told Reuters this Wednesday. The company has yet to decide on the size of the offering and hire banks to handle the deal, the sources said. IBS declined to comment on specific plans; …
Russian IT service company IBS considers IPO in 2018 Read More
Cyber attacks using malware called “BadRabbit” hit Russia and other nations on Tuesday, affecting Russian Interfax news agency and causing flight delays at Ukraine’s Odessa airport. The attacks are disturbing because attackers quickly infected critical infrastructure, including transportation operators, indicating it was a “well-coordinated” campaign, said Robert Lipovsky, a researcher with cyber firm ESET. More …
New wave of cyber attacks hits Russia, other nations Read More
Moscow-based Kaspersky Lab said on Monday it will ask independent parties to review the security of its anti-virus software, which the US government has said could jeopardize national security, citing concerns over Kremlin influence and hijacking by Russian spies. Kaspersky, one of the world’s top cyber security vendors for consumers, said in a statement that …
Kaspersky Lab to open software to review, says nothing to hide Read More
A U.S. jury indicted a Russian man on Wednesday as the operator of a digital currency exchange he allegedly used to launder more than $4 billion for people involved in crimes ranging from computer hacking to drug trafficking. Alexander Vinnik was arrested in a small beachside village in northern Greece on Tuesday, according to local …
US indicts Russian suspected of $4 billion bitcoin laundering scheme Read More
New US sanctions put in place by former President Barack Obama last December — part of a broad suite of actions taken in response to Russia’s alleged meddling in the 2016 presidential election — made it a crime for American companies to have any business relationship with Russia’s FSB, or Federal Security Service. However, US technology …
Despite hacking charges, US tech industry fought to keep ties to Russia spy service Read More
Pavel Durov, founder of the Telegram messaging app, agreed on Wednesday for his firm to be registered in Russia after coming under pressure from the authorities to do so, but said it would not share confidential user data with anyone. Russia’s communications regulator Roskomnadzor had threatened to block the messaging app if it did not …
Telegram app agrees to register in Russia, but not to share private data Read More
Russia’s FSB security service said on Monday that terrorists had used the Telegram messaging app to carry out a deadly suicide bombing on Russian soil, increasing pressure on the app days after the authorities accused it of breaking data laws. Russia’s communications regulator Roskomnadzor said on Friday it would block Telegram soon unless it handed …
Western technology companies, including Cisco, IBM and SAP, are acceding to demands by Moscow for access to closely guarded product security secrets, at a time when Russia has been accused of a growing number of cyber attacks on the West, a Reuters investigation has found. Russian authorities are asking Western tech companies to allow them …
Under pressure, Western tech firms bow to Russian demands to share cyber secrets Read More
Russian security software maker Kaspersky Lab has filed antitrust complaints against Microsoft with the European Commission and the German federal cartel office, it said in a statement on Tuesday. Kaspersky Lab said Microsoft was abusing its dominance in the PC operating system market, creating obstacles for independent software security vendors by distributing its own Defender …
Kaspersky files antitrust complaints against Microsoft in Europe Read More
Russia’s largest internet group, NASDAQ-listed Yandex on Thursday raised its sales outlook for the year after settling a dispute with Google over product distribution on the U.S. company’s Android operating system. Google announced a deal with Yandex and Russia’s competition watchdog on April 17, pledging to stop requiring manufacturers of Android-based devices to pre-install its …
Yandex raises revenue forecast, talks up dividend prospect Read More
While no country currently has a law to regulate the rise of robots, a resolution passed yesterday by the European parliament calls for EU-wide legislation in this field. According to the resolution, such legislation should encompass, in particular, liability for the actions of robots including self-driving cars, and an ethical framework for robot development and deployment. However, European lawmakers rejected …
From EU to Russia, lawmakers call for robot legislation Read More
Despite acrimonious relations between Russia and the United States in recent years, experts on cyber security in both countries say their law enforcement agencies and private firms had been working together more closely behind the scenes to fight financial fraud and other crimes committed online. But at least some of that cooperation appears to have …
Cyber expert’s arrest silences Russian contacts of some Western crime fighters Read More
