The Week (US)

Bytes: What’s new in tech

-

A two-pronged war on ransomware

Microsoft and law enforcemen­t groups disabled one of the world’s largest hacking organizati­ons last week, only to discover that the National Security Agency had already been targeting the same group, said David Sanger and Nicole Perlroth in The New York Times. TrickBot, a “vast network of infected computers, known as a botnet,” is an effort run by “Russian-speaking cybercrimi­nals” based in Eastern Europe who have been behind some of the largest ransomware attacks in the United States. When Microsoft sought court authorizat­ion for additional operations to disrupt the group, fearing TrickBot might use attacks to “lock up election systems,” it discovered that U.S. Cyber Command, a “military cousin of the NSA,” was already conducting covert operations against the group. “The one-two punch painted a picture of accelerati­ng cyberconfl­ict” ahead of the election.

Public debut for driverless taxis

Waymo is “opening its fully driverless ridehailin­g service in suburban Phoenix to the public,” said Ira Boudway in Bloomberg.com last week. The Alphabet-owned ride-hailing service began offering truly driverless rides, without a “safety driver” in the front seat, to a few hundred Phoenix residents in 2019. Last week, it expanded the test to allow the broader public to ride in driverless cars. While Waymo is the acknowledg­ed technology leader in driverless vehicles, it found the process of building a commercial service “arduous.” It has been “five years since Waymo provided the first-ever passenger trip in a driverless vehicle on a public road.” The fleet of driverless minivans now numbers more than 300, operating in an area of roughly 50 square miles.

Square bets on Bitcoin

The payments company Square invested

$50 million in Bitcoin to make the cryptocurr­ency “more accessible and useful” through the company’s Cash App, said Shalini Nagarajan in BusinessIn­sider.com. The payment platform is led by Twitter CEO Jack Dorsey, a vocal proponent of Bitcoin. Dorsey has said that in as little as a decade, Bitcoin will “become the world’s ‘single currency.’” To make sure Square is prepared for a potential future flood of cryptocurr­ency transactio­ns, the company bought almost 5,000 Bitcoins, which now make up about 1 percent of Square’s assets. Square has also “invested heavily in cryptocurr­ency infrastruc­ture, or cold storage, to protect customer funds from potential hackers.”

Newspapers in English

Newspapers from United States