Jeff Stone

Buffalo, New York

**Not on Twitter anymore** editor @business tracking info ops, scams, hacks + weirdness. Bluesky: https://t.co/DiziPIypyI Signal: 1-716-249-1677

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Articles

How Telegram Became a Magnet for Extremists, Crime

1 week ago | bloomberg.com | Eleanor Thornber |Jeff Stone

Pavel Durov(Bloomberg) -- Messaging service Telegram is one of the most downloaded apps worldwide. Its private chat setting has made it a free space for open discussion in countries with authoritarian regimes. But a relatively light-touch approach to content moderation on Telegram is frustrating governments trying to stop criminal activities and the spread of misinformation that can destabilize societies.
How Telegram Became a Magnet for Extremists, Crime

1 week ago | flipboard.com | Eleanor Thornber |Jeff Stone

4 hours agoYour Apple Watch Is About to Get a Pretty Cool New AbilityApple is gearing up to give your Apple Watch some of your iPhone’s standout features. Apple has a habit of rolling out new features to the iPhone and …4 hours agoMeet Mo: The AI Assistant Transforming Financial Analysis ForeverWhat if you could reclaim nearly a third of your workday? For Morningstar’s investment analysts, this isn’t a hypothetical—it’s a reality.
Violent Extremists Post Anti-LGBTQ+ Bile in Response to Offline Events

3 weeks ago | bloomberg.com | Jeff Stone

Have a confidential tip for our reporters? Before it’s here, it’s on the
Microsoft Seizes Domains Linked to Ransomware in Cyber Dragnet

1 month ago | bloomberg.com | Jeff Stone

Have a confidential tip for our reporters? Before it’s here, it’s on the
Coinbase’s Customer Data Theft Is Being Investigated by DOJ

1 month ago | ca.finance.yahoo.com | Chris Strohm |Jeff Stone

(Bloomberg) — The US Justice Department has opened a probe into a recent breach at the leading cryptocurrency exchange Coinbase Global Inc., according to a person familiar with the matter. Investigators, including those in the department’s criminal division in Washington, are digging into the circumstances surrounding the breach, said the person, who asked not to be identified discussing the investigation.
Theft of Coinbase Customer Data Probed by Justice Department

1 month ago | bloomberg.com | Chris Strohm |Jeff Stone

Monitors display Coinbase signage during the company's initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Coinbase Global Inc., the largest U.S. cryptocurrency exchange, is set to debut on Wednesday through a direct listing, an alternative to a traditional initial public offering that has only been deployed a handful of times.
Coinbase Hack Highlights How Greed Can Overwhelm Cyber Defenses

1 month ago | news.bloomberglaw.com | Jeff Stone

Following cybersecurity best practices doesn’t always protect against human greed. Scammers again proved that to be true by bribing Coinbase Global Inc. representatives based in India to steal customer data from the cryptocurrency company and then demanding a $20 million ransom. The fraudsters offered cash to the Coinbase customer representatives in exchange for users’ names, addresses, government ID images and other data, the company said Thursday.
Coinbase Hack Highlights How Greed Can Overwhelm Cyber Defenses

1 month ago | bloomberg.com | Jeff Stone

Coinbase now expects to pay up to $400 million to resolve the incident, the company said in a filing with the US Securities and Exchange Commission. (Bloomberg) -- Following cybersecurity best practices doesn’t always protect against human greed. Scammers again proved that to be true by bribing Coinbase Global Inc. representatives based in India to steal customer data from the cryptocurrency company and then demanding a $20 million ransom.
Coinbase Hackers Use Bribery to Grease the Wheels to Access Client Data

1 month ago | bloomberg.com | Jeff Stone

Have a confidential tip for our reporters? Before it’s here, it’s on the
The Elite Microsoft Unit Constantly Working to Thwart Hackers

1 month ago | news.bloombergtax.com | Dina Bass |Jeff Stone |Jake Bleiberg

The clues that hackers had broken into a major US telecom were almost imperceptible — like tiny undulations in a river’s current. To the company, the ripples looked like normal traffic, according to a person familiar with the attack. But to threat analysts at Microsoft Corp., they pointed to the presence of intruders. At the time, there was no way of assessing the seriousness of the breach. Months of detective work lay ahead.