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March 08, 2022 T&S Newsletter

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T&S Early Warning News

Get ahead of new stories that are impacting the T&S industry.

70% of breached passwords are still in use

Helpnetsecurity | Mar 08, 2022

Company Listed: Social Media

SpyCloud announced a report that examines trends related to exposed data. Researchers identified 1.7 billion exposed credentials, a 15% increase from 2020, and 13.8 billion recaptured Personally Identifiable Information (PII) records obtained from breaches in 2021.

Through its analysis of this data, it was found that despite increasingly sophisticated and targeted cyberattacks, consumers continue to engage in poor cyber practices regarding passwords, including the use of similar passwords for multiple accounts, weak or common passwords and passwords containing easy-to-guess words or phrases connected to pop culture.

“Reused passwords have been the leading vector in cyberattacks in recent years, and the threat of digital identity exposure is a growing problem,” said David Endler, Chief Product Officer of SpyCloud. “The findings of our annual report show that users are still not taking password security as seriously as they should. The threat of account takeover is not enacting wholesale improvements to consumer cyber hygiene, and that’s an alarming thought given the frequency of digital identity fraud.”

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Reddit's silencing of pro-Palestine speech betrays its own ethos

Alaraby | Mar 07, 2022

Company Listed: Social Media

In today’s day and age, social media platforms are the digital equivalent of the Pony Express, telegraph and telephone of their era. They have even supplanted television as a source of news and information.

Reports prepared by digital rights groups have shown that these platforms not only shape political views, they also amplify extremism and violent tendencies. For better or worse, social media plays a gargantuan role in shaping global human discourse.

Facebook is the Big Daddy of this market, with nearly 2-billion daily users and 3-billion monthly users. That is nearly 40% of the world population. It is 5th globally in overall internet traffic, valued at nearly $650-billion, and is the 34th largest Fortune 500 company.

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Anti-Russian hate in Europe is making chefs and school children out to be enemies

Washington Post | Mar 07, 2022

Company Listed: Social Media

Russian chef Alexei Zimin is donating part of his London restaurant’s revenue to support Red Cross work with Ukrainian refugees. He has been singing songs by a Russian dissident poet on Instagram, posting messages such as: “Stop the war. Withdraw troops. Bring our soldiers home.” He knows that in speaking out this way, he may never be able to return to Russia, where he has been credited with leading a gastronomic revolution and owns two more restaurants.

And yet angry messages are filling his restaurant’s voice-mail inbox. “Russians are killers,” one declared. “You’re Putin’s Russians,” another accused.

Zimin, 50, is among those who have been hit by a sudden and rapidly rising tide of anti-Russian sentiment in Europe. While governments have moved to punish Russian President Vladimir Putin and sanction oligarchs, while societies have been calling for cultural figures — from hockey stars to opera singers — to denounce the war, Russian expats who have never had sympathy for Putin and who are horrified by what’s happening in Ukraine say they are facing a wave of generalized hostility.

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T&S Policies & Regulations

Regulatory news and policy decisions impacting the T&S ecosystem.

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Google and Meta Mount Offensive against Australian Privacy Law, Touting the Benefits of Ad-Supported Services

Cpomagazine | Mar 07, 2022

Company Listed: Google, Meta

Google and Meta have weighed in on the current review of Australia’s Privacy Act with arguments for the benefits of ad-supported apps and cloud services, in a bid to soften data collection rules and have location data excluded from the category of protected “sensitive” data. The Privacy Act 1988, the primary Australia privacy law, has been under review since 2020 as lawmakers seek to modernize it.

Meta’s submission to the review collected statistics and survey results that ranged across small business benefits and consumer preferences, while Google took a more specific focus on exempting non-specific location data from the category of sensitive data.

Tech firms seek to put their stamp on Australia privacy law update

Meta opened its statement by lauding the federal government review of the outdated Australia privacy law, which applies pre-internet terms and views to an internet-connected world in some cases, and stating that it agrees with stronger protections for consumers. However, the company clearly has a very distinct vision of what those protections should look like.

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The pervasive culture of violence against women and girls

Newstatesman | Mar 07, 2022

Company Listed: Social Media

It’s been nearly five years since the #metoo campaign first encouraged individuals to speak up about their experiences of sexual abuse and harassment. Since then, the discussion around how women are seen and treated by society has only deepened. In 2021, the murders of Sarah Everard and Sabina Nessa triggered a further outpouring of public anger and demands for change.

As more and more women come forward to tell their stories, we can now see that these things can happen to any of us; that sexism, abuse and violence against women is both endemic and systemic.

There is a clear spectrum of attitudes and behaviours that can lead to everyday sexism and discrimination, online and real-life sexual abuse, violence and, in some cases, murder.

The first two are made up of thousands upon thousands of smaller acts, many of which might be claimed to be “jokes”, the last defence of bullies everywhere. The cumulative effect is entrenched harassment of women on the internet and in real life. It curtails our lives, as it is intended to, making us afraid to participate online, step into public life or simply walk home.

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TikTok blocks new content uploads in Russia after launch of ‘fake news’ law

Eandt | Mar 07, 2022

Company Listed: TikTok, Facebook, Twitter

In a series of tweets, TikTok confirmed that while users in the country would be able to access older content, new uploads would be unavailable for the time being. Older content made by users outside Russia would also be unavailable to stream.

Russia has already blocked Facebook and Twitter after they restricted the country’s state-backed media on their platforms for spreading propaganda related to the war in Ukraine.

The country recently passed new legislation - quickly rubber-stamped by both houses of the Kremlin-controlled parliament - that imposes prison sentences of up to 15 years for those spreading information that goes against the Russian government’s preferred narrative on the war in Ukraine.

“TikTok is an outlet for creativity and entertainment that can provide a source of relief and human connection during a time of war when people are facing immense tragedy and isolation. However, the safety of our employees and our users remain our highest priority,” the firm said in a tweet.

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"Australia's social media anti-trolling bill raises alarm for Big Tech"

Gadgetsnow | Mar 08, 2022

Company Listed: Meta, YouTube

Big Tech companies like Meta, Twitter and YouTube have decried Australia's proposed social media anti-trolling bill, stressing that it would put an "unprecedented level" of defamation risk on social media platforms.

The Social Media (Anti-Trolling) Bill 2022 seeks to remove the right of social media platforms to use the innocent dissemination defence for potentially defamatory material posted by users based in Australia, reports ZDNet.