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This Week in Tech: April 22nd, 2016

2016


04.22

This Week in Tech: April 22nd, 2016

Don’t Spare Security: Bangladesh Bank Hack

Don’t get caught without a firewall. Hackers stole $81 million from Bangladesh Bank in February due to their use of $10 switches and absolutely no firewalls. How’d it happen? Hackers got into their system and requested that money be moved from the Federal Reserve Bank of New York to accounts in Sri Lanka and the Philippines. With the bank’s cheap network switches and lack of firewalls, they were easily able to get credential access. If this blow wasn’t enough, police are having trouble pinpointing the hackers due to the lack of hardware – Better networks would enable better tracking. In the meantime, what’s the big lesson here? Don’t spare security.

 

Group Calls in FB Messenger

Facebook is rolling out new updates in messenger, supporting group calls on both iOS and Android. You need to upgrade to the latest version for this update and can have up to 50 friends on a single call. Looking towards the future, Facebook will most likely roll out a video chat service to keep up with competitors like Google Hangouts and Skype. With this roll out, Facebook is working on integrating all parts of social within their app.

 

FBI’s iPhone Hack Price

To access the locked iPhone at the center of the San Bernardino terrorism case, the FBI paid an undisclosed amount of at least $1.4 Million.  Calculated by comments from FBI Director James Comey, who said the agency paid more than “he will make in the remaining seven years,” the unnamed hackers cracked the four-digit identification number without triggering the security feature that locks after 10 wrong guesses.

 

Also, Here’s How I’m Feeling About the Weekend:

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