An anonymous reader quotes a report from The Guardian: A US startup company is offering to help wealthy couples screen their embryos for IQ using controversial technology that raises questions about the ethics of genetic enhancement. The company, Heliospect Genomics, has worked with more than a dozen couples undergoing IVF, according to undercover video footage. The recordings show the company marketing its services at up to $50,000 for clients seeking to test 100 embryos, and claiming to have helped some parents select future children based on genetic predictions of intelligence. Managers boasted their methods could produce a gain of more than six IQ points. [...]

The footage appears to show experimental genetic selection techniques being advertised to prospective parents. A Heliospect employee, who has been helping the company recruit clients, outlined how couples could rank up to 100 embryos based on "IQ and the other naughty traits that everybody wants," including sex, height, risk of obesity and risk of mental illness. The startup says its prediction tools were built using data provided by UK Biobank, a taxpayer-funded store of genetic material donated by half a million British volunteers, which aims to only share data for projects that are "in the public interest".

Selecting embryos on the basis of predicted high IQ is not permitted under UK law. While it is legal in the US, where embryology is more loosely regulated, IQ screening is not yet commercially available there. Asked for comment, managers at Heliospect said the company, which is incorporated in the US, operated within all applicable law and regulations. They said Heliospect was in "stealth mode" before a planned public launch and was still developing its service. They added that clients who screened fewer embryos were charged about $4,000, and that pricing on launch would be in line with competitors. Leading geneticists and bioethicists said the project raised a host of moral and medical issues.

An anonymous reader quotes a report from The Verge: Donald Trump said Apple CEO Tim Cook called him to discuss the billions of dollars that Apple has been fined in the European Union. Trump made the statement during his appearance on the PBD Podcast -- and said that he won't let the EU "take advantage" of US companies like Apple if reelected. "Two hours ago, three hours ago, he [Cook] called me," Trump said. "He said the European Union has just fined us $15 billion... Then on top of that, they got fined by the European Union another $2 billion." In March, the EU fined Apple around $2 billion after finding that Apple used its dominance to restrict music streaming apps from telling customers about cheaper subscription deals outside the App Store. The EU later won its fight to make Apple pay $14.4 billion in unpaid taxes.

"He [Cook] said something that was interesting," Trump said. "He said they're using that to run their enterprise, meaning Europe is their enterprise. "I said, 'That's a lot... But Tim, I got to get elected first, but I'm not going to let them take advantage of our companies -- that won't, you know, be happening.'" Trump has talked to several Big Tech executives over the past several months. "During an interview this week, Trump said he spoke with Google CEO Sundar Pichai to complain about all the 'bad stories' the search engine shows about him," notes The Verge. "Elon Musk recently spoke at a Trump rally in Pennsylvania, while Meta CEO Mark Zuckerberg called Trump over the summer 'a few times,' according to the former president."

A new study counters the widely held belief that standing desks are good for your health, discovering that it does not reduce the risk of diseases such as stroke and heart failure. In fact, it "found that being on your feet for more than two hours a day may increase the risk of developing problems such as deep vein thrombosis and varicose veins," reports The Guardian. The findings have been published in the International Journal of Epidemiology. From the report: To establish if standing provided any health benefits, the researchers studied data from 83,013 adults who are part of the UK Biobank health records database. These people did not have heart disease at the start of the study and wore devices on their wrists to track movement. The team found that for every extra 30 minutes spent standing beyond two hours, the risk of circulatory disease increased by 11%. Standing was not found to reduce the risk of heart conditions such as stroke, heart failure and coronary heart disease, the researchers said. "The key takeaway is that standing for too long will not offset an otherwise sedentary lifestyle and could be risky for some people in terms of circulatory health," said Dr Matthew Ahmadi, of the University of Sydney's faculty of medicine and health. "We found that standing more does not improve cardiovascular health over the long-term and increases the risk of circulatory issues."

The parents of a Massachusetts student are suing his school after he was penalized for using AI in a Social Studies project, claiming it was for research purposes only. The student received a detention and a lower grade, which his parents argue could harm his college prospects. The school is defending its AI policy and fighting to dismiss the case. The Register reports: "The Plaintiff Student will suffer irreparable harm that far outweighs any harm that may befall the Defendants," their filing reads [PDF]. "He is applying to elite colleges and universities given his high level of academic and personal achievement. Early decision and early action applications in a highly competitive admissions process are imminent and start in earnest on October 1, 2024. Absent the grant of an injunction by this Court, the Student will suffer irreparable harm that is imminent."

The school, however, is fighting back with a motion to dismiss [PDF] the case. The school argues that RNH, along with his classmates, was given a copy of the student handbook in the Fall of last year, which specifically called out the use of AI by students. The class was also shown a presentation about the school's policy. Students should "not use AI tools during in-class examinations, processed writing assignments, homework or classwork unless explicitly permitted and instructed," the policy states. "RNH unequivocally used another author's language and thoughts, be it a digital and artificial author, without express permission to do so," the school argues. "Furthermore, he did not cite to his use of AI in his notes, scripts or in the project he submitted. Importantly, RNH's peers were not allowed to cut corners by using AI to craft their projects; thus, RNH acted 'unfairly in order to gain an advantage.'"

An anonymous reader shares a report: Households on individual streets will be targeted with personalised adverts under plans being rolled out by Channel 4. The channel is to use new technology which will allow brands to tailor who sees their advert by enabling them to select a demographic within a specific location down to street level. For example, someone watching Made in Chelsea on Channel 4's streaming service could be served an ad for a fashion brand in a local outlet to them if a particular fashion trend is being discussed.

Advertisers can further optimise their campaign by selecting from 26 programme genres, as well as time of day and device the show is being watched on. It forms part of a wider update to Channel 4's streaming platform that the broadcaster hopes could boost revenues by as much as $13m. The company will launch a new private marketplace enabling brands to buy advertising space directly in real-time. This will allow advertisers to amend their campaigns to respond to events, whether that be real-world events such as local weather or developments in fictional storylines within TV shows. Channel 4's new ad targeting also includes more detailed data to track whether a viewer has made a purchase after seeing an ad, as well as new viewer profiles for brands to target.

Digital River has not paid numerous merchants since midsummer for software and digital products they sold through its MyCommerce platform. The Register: "After over 20 years of partnership with Digital River, Traction Software Ltd has been left feeling as though we've been 'rug pulled,'" Lee Midgley, managing director of Traction Software, told The Register. "For the past three months, we've experienced a complete halt in software sales revenue payments with no support, no direct contact, and only additional terms and conditions designed to delay resolution and extract more money from us.

"Astonishingly, Digital River continued to take sales from our loyal customers until we removed them from the order system. It now appears they have no intention of making payments and may be entering a liquidation process under a new CEO who has been involved in similar situations before."

The new CEO, Barry Kasoff, was first noted on the e-commerce biz website in August. Kasoff is also listed as the president of Realization Services, "a full-service strategic consulting firm specializing in turnaround management and value enhancement..." The privately-owned, Minnesota-based business appears to have laid off a significant number of employees, presumably the result of what its UK subsidiary describes as cost reduction initiatives implemented in late 2022.

An anonymous reader quotes a report from Ars Technica: This fall, thousands of fake albums were added to Spotify, with some appearing on real artist pages, where they're positioned to lure unsuspecting listeners into streaming by posing as new releases from favorite bands. An Ars reader flagged the issue after finding a fake album on the Spotify page of an UK psych rock band called Gong. The Gong fan knew that the band had begun touring again after a surprise new release last year, but the "latest release" listed by Spotify wasn't that album. Instead, at the top of Gong's page was a fake self-titled album supposedly released in 2024.

The real fan detected the fake instantly, and not just because the generic electronic music sounded nothing like Gong's experimental sounds. The album's cover also gave the scheme away, using a generic font and neon stock image that invoked none of the trippy imagery that characterized Gong's typical album covers. Ars confirmed with Gong member Dave Sturt that the self-titled item was an obvious fake on Monday. At that time, Sturt said the band was working to get the junk album removed from its page, but as of Tuesday morning, that album remained online, along with hundreds of other albums uploaded by a fake label that former Spotify data "alchemist" Glenn McDonald flagged in a social media post that Spotify seemingly ignored.

On his site, McDonald gathered the junk album data by label, noting that Beat Street Music, which has no web presence but released the fake Gong album, uploaded 240 junk albums on Friday alone. Similarly, Ancient Lake Records uploaded 471 albums on Friday. And Gupta Music added 483 just a few days prior, along with 600 junk albums from Future Jazz Records uploaded between September 30 and October 8. These junk albums don't appear to be specifically targeting popular artists, McDonald told Ars. Rather, generic music is uploaded under a wide range of one-word artist names. However, by using that tactic, some of these fake albums appeared on real artist pages, such as Gong, experimental rock band Swans, and English rock bands Asia and Yes. And that oversight is on Spotify, McDonald suggested. "We are aware of the issue, have relocated the content in question, and are considering our further options against the providing licensor," a Spotify spokesperson said. "When we identify or are alerted to attempts by bad actors to game the system, we take action that may include removing stream counts and withholding royalties. Spotify invests heavily in automated and manual reviews to prevent, detect, and mitigate the impact of bad actors attempting to collect unearned royalties."

Following moves by both the European Union and India to implement USB-C as the default charging port for all consumer devices, the British government has now begun a consultation on whether it should follow suit and implement a common standard for charging, and if this should be USB-C. From a report: The consultation has been started by the Office for Product Safety and Standards which sits within the Department for Business and Trade, and it calls for manufacturers, importers, distributors, and trade associations to provide their input on the matter. Of course, should the UK decide against adopting USB-C and implement a separate standard, expect that device manufacturers just provide dongles to support this rather than having unique device versions.

The Office for Product Safety and Standards stated the following on this topic: "We consider that it would potentially help businesses and deliver consumer and environmental benefits if we were to introduce standardized requirements for chargers for certain portable electrical/electronic devices across the whole UK. We are seeking views from manufacturers, importers, distributors, and trade associations as to whether it would be helpful to do so and, if so, whether this should be based on USB-C â" as adopted by the EU."

To avoid overloading local electric grids, Britain's most productive windfarm "is paid to turn off," reports the Guardian — and across the industry these so-called "constraint payments" amount to billions every year.

"Government officials are hoping to correct the clear inefficiencies in the market by overhauling the market itself." Greg Jackson, the founder of Octopus Energy, told the Guardian: "It's grotesque that energy costs are rising again this winter, whilst we literally pay windfarms these extortionate prices not to generate. Locational pricing would instead mean that local people got cheap power when it's windy. Scotland would have the cheapest power in Europe, instead of among the most expensive, and every region would be cheaper than today. Companies would invest in infrastructure where we need it — not where they get the highest subsidies."

The changes could catalyse an economic osmosis of high energy users — such as datacentres and factories — into areas of the country with low energy prices, creating new job opportunities beyond the south-east. It could also spur the development of new energy projects — particularly rooftop solar — across buildings in urban areas where energy demand is high. This rebalancing of the energy market could save the UK nearly £49bn in accumulated network costs by 2040, according to a study commissioned by the energy regulator from FTI Consulting.

But others fear the changes could come at a deeper cost to Britain's climate goals — and bill payers too. The clean energy companies preparing to spend billions on building new wind and solar farms are concerned that a redrawing of the market boundaries could radically change the economics of new renewable energy projects — which would ultimately raise the costs, which would be passed on to consumers, or see the projects scrapped altogether... With stiff competition in the international markets for investment in clean energy, Renewable UK [the industry's trade group] fears that companies and their investors will simply choose to build new clean energy projects elsewhere.
"The debate has driven deep rifts across the industry," the article concludes, "between modernisers who believe the new price signals would give rise to a new, rational market and those who fear the changes risk unravelling Britain's low-carbon agenda...

"The government is expected to make a decision on how to proceed in the coming months, but the fierce debate between warring factions of the energy industry is likely to continue for far longer."

Thanks to long-time Slashdot reader AmiMoJo for sharing the news.

The Wall Street Journal delves into the origin story of that teenaged Grand Theft Auto VI leaker. Arion Kurtaj, now 19 years old, is the most notorious name that has emerged from a sprawling set of online communities called the Com... Their youthful inventiveness and tenacity, as well as their status as minors that make prosecution more complicated, have made the Com especially dangerous, according to law-enforcement officials and cybersecurity investigators. Some kids, they say, are recruited from popular online spaces like Minecraft or Roblox.... [William McKeen, a supervisory special agent with the FBI's Cyber Division] said the average age of anyone arrested for a crime in the U.S. is 37, while the average age of someone arrested for cybercrime is 19. Cybersecurity investigators have found posts they say suggest Kurtaj has been involved in online attacks since he was 11.
"He had limited social skills and trouble developing relationships, records say — and ultimately looked for approval in the booming world of cybercrime..." [When Kurtaj was 14] he landed in a residential school serving children with severe emotional and behavioral needs. Kurtaj was physically assaulted by a staff member at his school who was later convicted as a result, according to a person familiar with the case. In early 2021, his mother brought him home and removed him from government care, court records say. He never returned to school. He was 16.

A month after his mother pulled him out of school, investigators say that Kurtaj was part of a hacking group called Recursion Team that broke into the videogame firm Electronic Arts and stole 780 gigabytes of data. When Electronic Arts refused to engage, they dumped the stolen data online. Within a week of that hack, investigators had identified Kurtaj and provided his name to the FBI. Later in that summer of 2021, according to court records, Kurtaj partnered with another teenager, known as ASyntax, and several Brazilian hackers, and started calling themselves Lapsus$. The group hacked into the British telecommunications giant BT in an effort to steal money using a technique called SIM swapping... The hacks weren't always for money. In late 2021, Lapsus$ hacked into a website operated by Brazil's Ministry of Health and deleted the country's database of Covid vaccinations, according to law enforcement...

If the Com has a social center, it's a website called Doxbin, where users publish personal details, such as home addresses and phone numbers, of their online rivals in an attempt to intimidate each other. Kurtaj bought Doxbin in November 2021 for $75,000, according to Chainalysis. But after a few months, the previous owners accused Kurtaj of mismanaging the site and pressured him to sell it back. He relented. Then in January 2022, cybersecurity investigators say, he doxxed the entire site, publishing a database that included usernames, passwords and email addresses that he'd downloaded when he was the owner. For cybersecurity experts, it was a gold mine. "It helped investigators piece together which crimes were done by who," said Allison Nixon, chief research officer at Unit 221B, an online investigations firm.

Doxbin's owners responded with a dox of Kurtaj and his family, including his home address and photos of him, investigators say — setting up the chain of events that would put Kurtaj in the Travelodge.
After two weeks of "protective custody" there — during which time he was supposed to be computer-free — Kurtaj "was arrested a third time and charged with hacking, fraud and blackmail. Authorities said that while at the Travelodge, he broke into Uber and taunted the company by posting a link to a photo of an erect penis on the company's internal Slack messaging system, then stole software and videos from Rockstar Games. Stolen clips had popped up in a Grand Theft Auto discussion forum from a user named teapotuberhacker and stirred a frenzy.

"As officers collected evidence, the teen stood by, emotionless, police say...."

"Kurtaj's lawyers and some experts on autism have said a potential lifetime of incarceration isn't appropriate for a teenager like Kurtaj..."

Thanks to long-time Slashdot reader SpzToid for sharing the article.

Ubuntu 24.10 'Oracular Oriole', the latest version of the popular Linux distro, introduces several enhancements including a revamped GNOME Initial Setup for ARM64 devices, updated file management features, and a more seamless experience with dialog boxes that adjust to aspect ratios. Celebrating Ubuntu's 20th anniversary, this release also "offers a few touches for those who want to go down memory lane," reports Tom's Hardware. "When the system boots up, you'll see the 20 Years Ubuntu logo right at the bottom of the screen. You can also set the desktop background to the original Ubuntu 4.10 wallpaper, and a Warty Brown accent color is an available option if you want to complete the feel. To round out the experience, Ubuntu 24.10 uses the original startup sound from 4.10, which plays every time you log in." From the report: The most significant change, as OMG! Ubuntu notes that ARM64 devices now use GNOME Initial Setup, which offers a cleaner, slicker way of setting up the operating system after the first install. When I set up Ubuntu 24.10 in a virtual machine in my MacBook Air, it felt easier to install and use than my MacBook and Windows laptops. We also get updated dialog boxes that adjust based on the Windows aspect ratio, making it useful for portrait devices like smartphones and tablets.

Several other quality-of-life updates in Ubuntu 24.10, like new File Manager features, make navigating your bookmarks and internal drives easier on the sidebar. Apps also now use the default File Manager when browsing your hard drive, providing a more seamless experience. And, if you run a search on non-indexed folders, you'll find an info button that will explain why your search query is taking longer than usual.

AmiMoJo writes: A treaty finalized by the UK may bring about the end of the .io domain. Last week, the British government announced that it has agreed to give up ownership of the Chagos Islands, a territory in the Indian Ocean it has controlled since 1814 -- relinquishing the .io domain with it.

The Internet Assigned Numbers Authority (IANA) has a process for retiring old country code domains within five years (with the possibility for extensions). The IANA established this rule after the Soviet Union's .su domain lingered after its collapse, becoming a domain commonly used among cybercriminals. Since then, IANA has also had to retire the .yu domain previously used for Yugoslavia, but it remained operational for years following the country's breakup while government websites transitioned to new domains. And while the independent Solomon Islands does have the domain name .sb, where 'B' stands for how it used to be a British protectorate, that domain was registered decades after it achieved independence. The UK still has the inactive .gb domain as well, but it's considering getting rid of it.

Scientists have called for people to go "urban mining" after a study revealed that old cables, phone chargers and other unused electrical goods thrown away or stored in cupboards or drawers could stave off a looming shortage of copper. From a report: The research found that in the UK there are approximately 823m unused or broken tech items hiding in "drawers of doom" containing as much as 38,449 tonnes of copper -- including 627m cables -- enough to provide 30% of the copper needed for the UK's planned transition to a decarbonised electricity grid by 2030.

Copper is essential in the drive to decarbonise the economy -- being a crucial element of solar and wind developments as well as electric cars. The study found that unused electrical goods could contain as much as $349m worth of copper. Scott Butler, from Recycle Your Electricals, which produced the study, called on the public to start recycling their unwanted electrical goods. "We need to start 'urban mining' and help protect the planet and nature from the harmful impacts of mining for raw materials and instead value and use what we have already." Butler added that people often do not realise that cables and electricals contain valuable materials. "If binned or stashed, we lose everything inside them." The group is now urging everyone to check its "recycling locator" for their nearest facility.

Amazon launched "cashierless checkout" stores In 2018, reports CNBC — but by 2020 it was licensing the "Just Walk Out" technology to other stores in airports, hospitals, and stadiums. In April, Amazon announced it was removing cashierless checkout from its U.S. Fresh stores and Whole Foods locations... In place of Just Walk Out, which typically requires ceiling-mounted cameras, shelf sensors and gated entry points, Amazon Fresh stores and Whole Foods supermarkets will feature Dash Carts. The carts track and tally up items as shoppers place them in bags, enabling people to skip the checkout line. Amazon continues to use Just Walk Out in its grab-and-go marts and UK Fresh stores...

While it's no longer featuring Just Walk Out as prominently in its own stores, Amazon says it has inked deals with a growing list of customers. More than 200 third-party stores have paid Amazon to install the cashierless system. The company expects to double the number of third-party Just Walk Out stores this year, Jon Jenkins, who previously served as vice president of Amazon's Just Walk Out technology, said in a recent interview... Amazon's "primary focus" is selling the technology to third-party businesses and deploying it in small to medium-sized store formats, where the system "tends to generate a little better [return on investment]," Jenkins said...

At one Just Walk Out store, inside Seattle's Lumen Field, home to the NFL's Seahawks, the company said it boosted sales by 112% last season, with 85% more transactions during the course of a game.
Two interesting points from the article:

• "Earlier this year, Amazon also began selling its connected grocery carts to third parties."

• "With Just Walk Out, Amazon faces the challenge of convincing retailers that they can trust one of their biggest competitors with handling valuable shopper data..."

"Pine64 has confirmed that its open-source e-ink tablet is returning," reports the blog OMG Ubuntu: The [10.1-inch e-ink display] PineNote was announced in 2021, building on the success of its non-SBC devices like the PinePhone (and later Pro model), the PineTab, and PineBook devices. Like most of Pine64's devices, software support is largely tackled by the community. But only a small batch of developer units were ever sold, primarily by enthusiasts within the open-source community who had the knowledge and desire to work on getting a modern Linux OS to run on the hardware, and adapt to the e-ink display.

That process has taken a while, as Pine64's community bloggers explain:

"The PineNote was stuck in a chicken-and-egg situation because of the very high cost of manufacturing the device (ePaper screens are sadly still expensive), and so the risk of manufacturing units that then didn't have a working Linux OS and would not sell was huge."

However, the proverbial egg has finally hatched. The PineNote now has a reliable Debian-based OS, developed by Maximilian Weigand. This is described as "not only a bare-bones capable OS but a genuinely daily-usable system that 'just works'" according to the Pine64 blog. ["This is excellent as it also moves the target audience from developers to every day users. You should be able to power on the device and drop into a working Gnome experience."] It is said to use the GNOME desktop plus a handful of extensions designed to ensure the UI adapts to working well with an e-ink display. Software pre-installed includes Xournal++ for note taking, Firefox for web browsing, and Foliate for reading ebooks, among others. [And it even runs Doom...]

Existing PineNote owners can download the the new OS image, flash it to their device, and help test it... Touch and stylus input are major selling points of the PineNote, positioning it as a libre alternative to leading e-ink note-taking devices like the Remarkable 2, Onyx BOOX, and Amazon Scribe.
"I do not (yet) have a launch date target," according to the blog post, "as behind-the-scenes the Pine Store team are still working on all things production."

But the update also links to some blog posts about their free and open source smartwatch PineTime...

The British Post Office scandal "was first exposed by Computer Weekly in 2009, revealing the stories of seven subpostmasters and the problems they suffered due to Horizon accounting software," remembers Computer Weekly, "which led to the most widespread miscarriage of justice in British history."

But now the Post Office "is investigating allegations that a senior executive instructed staff to destroy or conceal documents that could be of interest to the Post Office scandal public inquiry," Computer Weekly writes. A company employee acknowleged a report in an internal whistleblower program "regarding destroying or concealing material... allegations that a senior Post Office member of staff had instructed their team to destroy or conceal material of possible interest to the inquiry, and that the same individual had engaged in inappropriate behaviour." The shocking revelation echoes evidence from appeals against wrongful convictions in 2021. During the Court of Appeal trials it was revealed that a senior Post Office executive instructed employees to shred documents that undermined an insistence that its Horizon computer system was robust, amid claims that errors in the system caused unexplained accounting shortfalls.

Plant cover across the Antarctic peninsula has soared more than tenfold over the last few decades, as the climate crisis heats up the icy continent. From a report: Analysis of satellite data found there was less than one sq kilometre of vegetation in 1986 but there was almost 12km2 of green cover by 2021. The spread of the plants, mostly mosses, has accelerated since 2016, the researchers found. The growth of vegetation on a continent dominated by ice and bare rock is a sign of the reach of global heating into the Antarctic, which is warming faster than the global average. The scientists warned that this spread could provide a foothold for alien invasive species into the pristine Antarctic ecosystem. Greening has also been reported in the Arctic, and in 2021 rain, not snow, fell on the summit of Greenland's huge ice cap for the first time on record.

"The Antarctic landscape is still almost entirely dominated by snow, ice and rock, with only a tiny fraction colonised by plant life," said Dr Thomas Roland, at the University of Exeter, UK, and who co-led the study. "But that tiny fraction has grown dramatically -- showing that even this vast and isolated wilderness is being affected by human-caused climate change." The peninsula is about 500,000km2 in total. Roland warned that future heating, which will continue until carbon emissions are halted, could bring "fundamental changes to the biology and landscape of this iconic and vulnerable region." The study is published in the journal Nature Geoscience and based on analysis of Landsat images.

Law enforcement from 12 countries arrested four individuals linked to the LockBit ransomware gang, including a developer and a bulletproof hosting administrator. The operation also resulted in the seizure of LockBit infrastructure and involved sanctions targeting affiliates of both LockBit and Evil Corp. BleepingComputer reports: According to Europol, a suspected LockBit ransomware developer was arrested in August 2024 at the request of French authorities while on holiday outside of Russia. The same month, the U.K.'s National Crime Agency (NCA) arrested two more individuals linked to LockBit activity: one believed to be associated with a LockBit affiliate, while the second was apprehended on suspicion of money laundering. In a separate action, at Madrid airport, Spain's Guardia Civil arrested the administrator of a bulletproof hosting service used to shield LockBit's infrastructure. Today, Australia, the United Kingdom, and the United States also revealed sanctions against an individual the UK NCA believes is a prolific LockBit ransomware affiliate linked to Evil Corp.

The United Kingdom sanctioned 15 more Russian nationals involved in Evil Corp's criminal activities, while the United States sanctioned six individuals and Australia targeted two. "These actions follow the massive disruption of LockBit infrastructure in February 2024, as well as the large series of sanctions and operational actions that took place against LockBit administrators in May and subsequent months," Europol said.

schwit1 shares a report from The Independent: Thousands of Bank of America customers reported trouble accessing their bank accounts Wednesday afternoon as the financial institution faced a widespread outage. On social media, customers said they could not view their account balances. Those who could view their accounts said they were met with an alarming $0 balance. For many, a "Connection Error" message popped up while trying to log into the banking app. The message said it was "unable to complete your request" and asked the user to "try again later."

By 1:15 p.m. Eastern Time, nearly 20,000 customers said they were having trouble, according to Downdetector, which reports web outages. That number dropped before rising again around 2:45 p.m. ET. It is unclear what caused the outage

An anonymous reader quotes a report from Ars Technica: Federal prosecutors have charged a man for an alleged "hack-to-trade" scheme that earned him millions of dollars by breaking into the Office365 accounts of executives at publicly traded companies and obtaining quarterly financial reports before they were released publicly. The action, taken by the office of the US Attorney for the district of New Jersey, accuses UK national Robert B. Westbrook of earning roughly $3.75 million in 2019 and 2020 from stock trades that capitalized on the illicitly obtained information. After accessing it, prosecutors said, he executed stock trades. The advance notice allowed him to act and profit on the information before the general public could. The US Securities and Exchange Commission filed a separate civil suit against Westbrook seeking an order that he pay civil penalties and return all ill-gotten gains. [...]

By obtaining material information, Westbrook was able to predict how a company's stock would perform once it became public. When results were likely to drive down stock prices, he would place "put" options, which give the purchaser the right to sell shares at a specific price within a specified span of time. The practice allowed Westbrook to profit when shares fell after financial results became public. When positive results were likely to send stock prices higher, Westbrook allegedly bought shares while they were still low and later sold them for a higher price. The prosecutors charged Westbrook with one count each of securities fraud and wire fraud and five counts of computer fraud. The securities fraud count carries a maximum penalty of up to 20 years' prison time and $5 million in fines The wire fraud count carries a maximum penalty of up to 20 years in prison and a fine of either $250,000 or twice the gain or loss from the offense, whichever is greatest. Each computer fraud count carries a maximum five years in prison and a maximum fine of either $250,000 or twice the gain or loss from the offense, whichever is greatest. "The SEC is engaged in ongoing efforts to protect markets and investors from the consequences of cyber fraud," Jorge G. Tenreiro, acting chief of the SEC's Crypto Assets and Cyber Unit, said in a statement. "As this case demonstrates, even though Westbrook took multiple steps to conceal his identity -- including using anonymous email accounts, VPN services, and utilizing bitcoin -- the Commission's advanced data analytics, crypto asset tracing, and technology can uncover fraud even in cases involving sophisticated international hacking."