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Save the Children Foundation duped by hackers into paying out $1 million

Save the Children Foundation has revealed that the charity was targeted by fraudsters last year, leading to the loss of $1 million.

Speaking to the Boston Globe, the US arm of the non-profit, which supports children worldwide, said that con artists managed to compromise an employee's email account in order to masquerade as the staff member in question.

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Fraudster convicted of online banking thefts using...whatever the hell this thing is

Police in London have put away a fraudster who was using a bizarre homemade device to con people out of the contents of their bank accounts.

London's Metropolitan Police say that the 53 year-old man has admitted to nine counts of possession of an article for use in fraud and two counts of making or supplying an article for use in fraud. He has been sentenced to 20 months in prison.

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Microsoft warns about 2 apps that installed root certificates; leaked the private keys

Microsoft has issued a security advisory today warning that two applications accidentally installed two root certificates on users' computers, and then leaked the private keys for all.

The software developer's mistake means that malicious third-parties can extract the private keys from the two applications and use them to issue forged certificates to spoof legitimate websites and software publishers for years to come.

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Two celebrities have been charged for illegally touting crypto offerings

Two American celebrities are facing charges from the Securities and Exchange Commission today after they failed to disclose that they were being paid promotional fees to tout fraudulent initial coin offerings.

According to the SEC, this is the first time that individuals have faced charges involving ICOs. The Commission is accusing Mayweather of failing to disclose a $100,000 promotional payment and DJ Khaled with a $50,000 one.

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US China-watcher warns against Middle Kingdom tech dominance

Another U.S. government panel has warned of the dangers of over-reliance on Chinese tech vendors: the US-China Economic and Security Review Commission.

The commission released its 2018 annual report today, and in it warned that China's plans to dominate two key tech sectors - the Internet of Things, and 5G - represented a threat to US critical infrastructure.

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Microsoft patches windows zero-day used by multiple cyber-espionage groups

Microsoft released today its monthly roll-up of security patches known as Patch Tuesday. This month, the Redmond-based company has fixed 62 security flaws.

Among the 62 fixes, there is also a fix for a zero-day vulnerability that was under active exploitation before today's patches were made available.

The zero-day, tracked as CVE-2018-8589, impacts the Windows Win32k component.

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