Following the discovery of the database that contained millions of user transaction data from Alipay, the cybersecurity expert who exposed the vulnerable database confirmed, Alipay themselves did not leak the data.
This statement confirms his earlier theory that a third party, possibly a small scale loan company, have sold data they gathered from customers who submitted their Alipay login credentials for review to another data aggregator.
In a recent tweet, Victor Gevers said that the server where the database came from does not belong to Alipay because the China-based mobile money processing company uses OceanBase to store their data. He also noted that Alipay’s data structure is completely different from that of the discovered database confirming that the data was not shared or leaked by the financial company.
Read more: CYBERSECURITY RESEARCHER SAYS MOBILE PAYMENT PLATFORMS ARE SELLING YOUR DATA TO THIRD-PARTIES
A few days ago, Gevers accused Alipay of selling their users’ financial transaction data to third-party companies for “marketing and advertising purposes.” He said that many of these third parties cannot handle sensitive information and store them in unsecured databases.
He also accused that payment providers “will always SELL you out.”
The database was eventually locked down within an hour after Gevers shared his discovery.
Alipay pushed back and shut down the allegations made by Gevers in an email they sent to Z6mag.
According to Andy Duberstein, a spokesperson from the company, “the protection of user privacy and data security is at the core of our business and the utmost importance to Alipay.”
He assured their users that the company and its affiliates do not sell user data to third parties.
Conversely, the Duberstein offered an explanation for how data of Alipay users ended up in the database that Gevers discovered. He said that after their thorough investigation, they understand that some Alipay customers submitted their Alipay account names and passwords to a certain online lending platform. Such information was obtained by crawler companies that work with these online lending companies and was then stolen by hackers.
This theory provided by Alipay coincided with the initial theory offered by Gevers and another Twitter user who called out the lack of proof of Gever’s claims that the company sells data to the third party.
“Alipay always strictly enforces its data security and privacy protection policies. We only collect limited and necessary information that will be used to better serve our users with their prior consent,” Alipay Spokesperson Andy Duberstein added.
DATA WAS TOO BIG FOR A THIRD PARTY TO GENERATE ON ITS OWN
Meanwhile, Gevers raised concerns over the amount of data that was exposed. He said that the dataset was so humongous considering the time frame. For the last three months, the database contains 1.2 billion records. He questions how many lending platforms can generate such an amount of data in just three months. He noted that even Paypal, one of the biggest online money processing company, does not even come close to that number.
“The data was not anonymized. The datasets are way too big for a third party. Someone handed the data over to a third party – voluntarily, or they were hacked. We have seen third parties handling transaction data from financial institutions poorly before. That is why [I] shared all the information immediately after the database was secured,” Gevers told Z6Mag in a private chat.
DATA IS GOLD
The discovery of the said database has raised concerns of China’s Fintech industry, according to Gevers. He noted that most financial data leaks happen because sources trust third parties with their data. Most of the time in Fintech, experts see third parties doing machine learning and analytics to generate insight.
And these insights have a “pretty good value” according to Gevers.
“Knowing what the Chinese people are spending their money on based on one of the biggest financial institutions has a very high market value in and outside China,” he said.
That is why he could not blame Alipay if in case they indeed sold the data (which in this case, they did not). While he believes that the dataset did not directly come from Alipay, he said that the dataset as big as what he uncovered is a sign that it was exchanged with consent.
“That is why I made the statement that financial institutions will sell us out. Data is the new gold. And these financial institutions are not charities. They want to make money, and they have a lot of data. It’s like telling a kid not to take a cookie from the huge glass cookie jar that is right in from of them on the table,” he added.
CRYPTO-CURRENCY IS THE GREATEST LEAP FORWARD AGAINST BREACH BY FINTECHS
When asked about what could have been done to prevent financial companies from selling transaction data, he said that strict regulation could do it, but financial institutions will still not resist the temptation.
“Maybe one day, cryptocurrency and Blockchain technology will make us independent from these financial institutions. That would be the greatest leap forward we could make,” Gevers added. /apr
AMCA Breach: 20 Million Victims, 19 Class Actions
More than 20 million and not 200,000 have fallen victim to a massive data breach that has seen medical clients using the services of healthcare billing company, American Medical Collection Agency (AMCA), to pay for their laboratory tests in different blood testing labs across the U.S. were confirmed by the SEC filings of affected medical institutions amidst the earlier claims of AMCA that there were fewer victims.
The data breach was a result of a cyber attack that aims to phish for financial information from the website of the AMCA. The exposed data belongs to Americans who paid laboratory services at several clinical and blood testing labs and institutions and used the AMCA billing portal.
What happened in the AMCA breach?
Data that were stolen from the victims include their names, phone numbers, dates of birth, home addresses, social security numbers, credit card numbers, and other bank details. The said information was auctioned off by the hacker in several financial hacking forums.
According to DataBreaches.net, the organization who first reported about the incident, AMCA officials, following the notification of the breach confirmed that their system has been compromised and has remained undetected for more than eight months. AMCA corroborated that the breach took place between August 1, 2018, and March 30, 2019.
Notifications have been sent by several of AMCA’s corporate partners and clients to their customers following the disclosure of the security breach that has seen information from millions of Americans compromised.
The list of impacted testing laboratories includes Quest Diagnostics (11.9 million patients), LabCorp (7.7 million patients), BioReference Laboratories (Opko Health subsidiary, 422,600 patients), Carecentrix (500,000 patients), and Sunrise Laboratories (undisclosed number of patients).
However, neither the AMCA nor its five clients have yet to notify ALL impacted citizens by the breach making them vulnerable to a lot of cyber crimes and their financial data could be used by anyone who gets hold of the information against the persons of those who still don’t know that their financial information is floating around the internet.
The companies involved in the breach are facing several lawsuits
Appropriately, the lawsuit came into the direction of AMCA, Quest, and LabCorp regarding the incident. More than 11 class-suite actions have been filed against the three companies for their inability to protect consumer data. The 11 lawsuits were recorded at The United States Judicial Panel on Multidistrict Litigation (JPML) on June 3. Since then, eight more lawsuits were filed against the companies in federal courts from New Jersey, New York, and California.
According to litigation experts, “If many cases are filed in federal court, any of the lawyers on any of those cases can file a motion with the JPML [..] to centralize the various federal cases that have been filed by sending all of them to a single judge for coordinated pre-trial proceedings.”
“Healthcare companies are especially susceptible to data breaches not only because they aggregate a tremendous amount of important and sensitive data, but also because they tend to be less focused on cybersecurity protection than other industries,” said John Yanchunis of Morgan and Morgan, one of the firms who filed lawsuits against Quest Diagnostics.
“These companies, like Quest Diagnostics, know they are at an increased risk and yet have not taken the proper steps to protect their patients’ data. We will fight for justice on behalf of those impacted by this breach,” added Yanchunis.
Lawmakers are demanding an explanation
The U.S. government, led by attorneys general from Connecticut and Illinois has also opened an investigation on the matter. Furthermore, lawmakers and other politicians have sent letters to the responding companies to ask for an explanation of why an eight-month data breach remained undetected and to demand accountability from them.
In Washington, US Sen. Mark Warner (D-VA) also sent a letter to Quest Laboratories demanding the company explain its vetting process for selecting AMCA as a billing vendor, and what requirements a third-party vendor has to pass. Democratic New Jersey Sens. Cory Booker and Bob Menendez also sent letters to AMCA, Quest, and LabCorp, seeking official answers on how a breach of this severity went undetected for eight months.
“The months-long leak leaves sensitive personal and financial information vulnerable in the hands of criminal enterprises. Moreover, such breaches force victims to contend with identity theft that may lead to irreparable harm to their credit reports and financial future,” said the letter sent by the NJ senators.
‘The Hunger Games’ Is Launching A Prequel And A Possible Movie
Almost fours years after the last The Hunger Games movie (The Hunger Games: Mockingjay Part II) and almost nine years after the first book from the trilogy was released, Suzanne Collins is returning with the famed trilogy — but this time in a form of a prequel.
Scholastic, the publishing company that distributed Collins’ The Hunger Games trilogy, announced today that it is publishing a prequel novel to the series, currently untitled, which will hit shelves on May 19, 2020.
“Suzanne Collins is a master at combining brilliant storytelling, superb world-building, breathtaking suspense, and social commentary,” Scholastic Trade Publishing President Ellie Berger said in a statement. “We are absolutely thrilled — as both readers and publishers — to introduce the devoted fans of the series and a new audience to an entirely new perspective on this modern classic.”
Collins’ original Hunger Games trilogy—The Hunger Games, Catching Fire, and Mockingjay—altogether, sold more than 100 million copies and has been translated into more than 50 languages. Moreover, The Hunger Games books appeared on the New York Times bestseller list for more than 260 consecutive weeks (more than five straight years).
After writing the last installment in 2010, Collins teased in 2013 that she was working on a new series, but did not say whether it was related to The Hunger Games.
This time, the novel will be set in the world of Panem, 64 years before the events of the original Hunger Games trilogy—the morning where Katniss Everdeen volunteered as a tribute on the 74th Hunger Games. Presumably, Katniss Everdeen played by Jeniffer Lawrence will not be involved in the upcoming novel.
Based on the previous novels in the series, 74 years before the main novels, the 13 Districts of Panem already tried to initiate a rebellion against the Capital. In the aftermath of the failed attempt, 12 Districts remained to leave District 13 to rubbles. The Hunger Games was a result and served as a reminder that all the other Districts should obediently comply with the Capital’s rule.
The novel will take place 10 years after the first rebellion and will tell the story of Panem during the “Dark Days following a failed rebellion in Panem “With this book, I wanted to explore the state of nature, who we are, and what we perceive is required for our survival,” Collins told the Associated Press in the announcement. “The reconstruction period 10 years after the war, commonly referred to as the Dark Days — as the country of Panem struggles back to its feet — provides fertile ground for characters to grapple with these questions and thereby define their views of humanity.”
On other news, the Lionsgate film studio, who adapted The Hunger Games trilogy into movies, is already looking forward to the next addition to Collins’ franchise given that it received praise and public attention for producing them.
“As the proud home of the Hunger Games movies, we can hardly wait for Suzanne’s next book to be published,” said Joe Drake, chairman of the Lionsgate Motion Picture Group, in a recent statement to the Associated Press. “We’ve been communicating with her during the writing process and we look forward to continuing to work closely with her on the movie.”S
Lionsgate turned Collins’ Hunger Games novels into a series of four films, dividing the last novel, Hunger Games: Mockingjay, into a two-part finale. Over the course of the four movies, it earned almost $3 billion dollars an the worldwide box office with the last movie earning $653.4 million.
Collins helped with the movies as an executive producer and a co-screenwriter on the first 2012 movie but distanced herself after she finalized Mockingjay in 2010.
Lionsgate is also known to have produced Twilight, which is one of their platinum franchises along with Collins’ trilogy. The studio earlier licensed The Hunger Games to theme parks and live concert tours being built around the movie franchise.
Additionally, it starred Jenniffer Lawrence who played the main character as Katniss Everdeen in all of the four movies, which helped catapult her acting career in 2012.
Scholastic acquired world English rights to the prequel novel and it will publish in print, digital and audio formats in the US, Canada, the UK and Ireland, Australia, and New Zealand next year. The deal was negotiated by Rosemary Stimola of the Stimola Literary Studio for Suzanne Collins and David Levithan, VP, Publisher, and Editorial Director, for Scholastic.
Global Ice Melting At Rates Faster Than Expected
The global ice, or the size and number of glaciers located across cold spots around the world, is a clear indicator of the effects of global warming. With human’s excessive and consistent use of o-zone depleting resources such as fossil fuels — the rate of global ice is melting will only keep accelerating.
The National Snow and Ice Data Center reported that based on data they have gathered since the1900s, glaciers around the globe are shrinking and melting at an alarming rate.
Arctic sea ice has been in constant general low over the years following the increasing trend of greenhouse gas. Additionally, as the frozen ground across the Arctic melts, it releases a massive amount of methane, a potent greenhouse gas. Scientists say that this effect could make global ice melt accelerate even faster.
A separate study found that parts of the Canadian Arctic are experiencing a rate of permafrost thaw six times the long-term average.
Meanwhile, melted ice is especially notable both in and around Greenland — home to the second largest ice sheet on the planet.
“Communities in #Greenland rely on the sea ice for transport, hunting, and fishing. Extreme events, here flooding of the ice by abrupt onset of surface melt call for increased predictive capacity in the Arctic,” Steffen Olsen, a climate researcher at the Danish Meteorological Institute said in a tweet.
Olsen was referring to Greenland losing 2 billion metric tons of ice. “The high melt is unusual so early in the season but not unprecedented,” Greenland Ice said in a tweet.
Experts are calling the lost ice “not normal” considering that it equates to almost half of Greenland. Roughly 45 percent of the ice sheet surface has been melting. Usually, less than 10 percent of the ice sheet surface is melting at this time of year. According to data from the National Snow and Ice Data Center, Wednesday set a daily record for the widest melt area on that date, with 275,000 square miles.
“I’m losing the ability to communicate the magnitude [of change],” Jeremy Mathis, a longtime Arctic researcher and a current board director at the National Academies of Sciences told Mashable. “I’m running out of adjectives to describe the scope of change we’re seeing.”
On other parts of the globe, a city in western Alaska is experiencing drastic changes to its land formations as the state’s ice and permafrost are starting to thaw away.
“Springtime in Alaska isn’t what it used to be. This is the 3rd time past 21 years we can say” warmest spring of record.” 1998 was the warmest to date, exceeded in 2016 and now 2016 exceeded in 2019. Trend +4.0F (+2.2C) since the 1970s.” Rick Thoman said in a tweet.
The continued ice and permafrost melting in Iceland are causing significant damages in terms of requiring towns and villages like Newtok in western Alaska to relocate to avoid dangers.
“It’s a real challenge because in the US there isn’t the precedence to deal with this and there isn’t the political framework to deal with it either,” said Susan Natali, a scientist and Arctic expert at the Woods Hole Research Center in Massachusetts. “The numbers needing relocation will grow, the costs are going up and people’s lives and cultural practices will be impacted.
“Every year there’s a new temperature record, it’s getting worse and worse and you feel like a broken record saying it. This should be the number one urgent conversation happening right now because it’s not just going to be Alaska, it’s going to be other communities all over the US,” Natali added.
The problem does not only persist in Greenland, the Arctic or Alaska. Global ice is melting all across the globe. “The famed snows of Kilimanjaro have melted more than 80 percent since 1912. Glaciers in the Garhwal Himalaya in India are retreating so fast that researchers believe that most central and eastern Himalayan glaciers could virtually disappear by 2035 […] From the Arctic to Peru, from Switzerland to the equatorial glaciers of Man Jaya in Indonesia, massive ice fields, monstrous glaciers, and sea ice are disappearing, fast,” the National Geographic reported.
This week, the Pope has talked to oil executives in the Vatican to find solutions in the growing problem of global warming. He called for a “radical energy transition” from conventional fossil fuels and develop greener energy alternatives.
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