About a year after debuting its original movies division, Amazon became the first Internet company to garner an Academy Award nomination for best picture, with “Manchester by the Sea.” In addition to best picture, “Manchester by the Sea” earned five other nominations for writer and director Kenneth Lonergan, lead actor Casey Affleck, supporting actress Michelle Williams and supporting actor Lucas Hedges. Amazon also holds U.S. distribution rights to foreign language nominee “The Salesman,” from Iran. Continue reading Amazon Is First Internet Company with Best Picture Oscar Nom

At a CES CyberSecurity Forum, journalist/author Wayne Rash led a discussion on the various ways that companies are failing to protect their intellectual property and remain vulnerable to malicious code and ransomware. According to Yubico chief executive Stina Ehrensvard, 70 percent of hacks are related to passwords. “The password is the weak link,” agrees Authentic8 chief executive Scott Petry. “Reusing passwords is a problem. If you use your Yahoo password for other sites, you’re in trouble.” Continue reading Cybersecurity and How to Build Speed Bumps Against Hackers

In what could mark the largest-ever theft of personal data, Yahoo has confirmed that more than 500 million of its user accounts were hacked in late 2014. The Internet company is pointing the blame at state-sponsored hackers who reportedly stole names, email addresses, birth dates, phone numbers and encrypted passwords after breaking into the Yahoo network. The company does not believe the hack impacted unprotected passwords or financial data such as payment card or bank account info. The breach was discovered after Yahoo began investigating a claim by hackers who were attempting to sell 280 million usernames and passwords. Continue reading Hackers Steal Data From Half a Billion Yahoo User Accounts

A new Web application named Hola is bypassing copyright laws to deliver content to users who otherwise don’t have access to it. The app essentially unlocks international versions of Netflix so U.S. users can watch shows like “True Grit” or “Community” — only available overseas — whenever they want. By changing users’ IP addresses and making their devices act as routers, content is never copied illegally. Since beta testing began, the app has become incredibly popular, and it could alter the way the Internet operates. Continue reading Hola: New App Skirts Copyright Law to Stream TV Shows, Music

American Express confirmed that its website had come under attack last week. The assault, which took the site offline for two hours, marks the latest in a string of powerful digital attacks on American financial institutions that began this past September. JPMorgan Chase and others experienced a similar attack this month. The assaults collectively resulted in the loss of millions of dollars. Continue reading U.S. Financial Institutions Become Targets of Cyberattacks

The White House demanded this week that the Chinese government put an end to data theft involving American computer networks. The U.S. has called for China to agree to “acceptable norms of behavior in cyberspace.” The demand was made during a speech by national security advisor Tom Donilon to the Asia Society in New York and represents the first public confrontation with China regarding cyberespionage. Continue reading White House Demands China Put a Stop to Cyberattacks