News highlights for 10 April
REUTERS/Pawel Kopczynski/File Photo
Hack attack on Union Bank of India looks like the Bangladesh heist
MUMBAI (Reuters) – A cyber attack on Union Bank of India last July began after an employee opened an email attachment releasing malware that allowed hackers to steal the state-run bank’s data, the Wall Street Journal reported on Monday. Read more…
Public safety LTE on the up and up
Research predicts that public safety LTE will hit the mainstream markets after 2020 as trials and deployments gain momentum across the world. Hardware revenue is expected to grow by 30% annually, reaching $540 million in 2025. The United States, UK, and South Korea will host the world’s first three operational public safety LTE networks by the end of 2017 or early 2018. Read more…
US tries to take down Russian built botnet
WASHINGTON (Reuters) – The U.S. Justice Department said on Monday it had launched an effort to take down the Kelihos botnet, a global network of tens of thousands of infected computers it claims was operated by a Russian national who was arrested in Spain over the weekend. Read more…
Pai against phones in the sky
WASHINGTON (Reuters) – The chairman of the Federal Communications Commission said on Monday he is proposing to end a 2013 regulatory proceeding that had sought to lift the ban on mobile phones on U.S. airlines. Read more…
Boeing to print titanium parts for planes, will save millions
SEATTLE (Reuters) – Boeing Co hired Norsk Titanium AS to print the first structural titanium parts for its 787 Dreamliner, a shift that the Norwegian 3-D printing company said would eventually shave $2 million to $3 million off the cost of each plane. Read more…
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