In an unusual announcement, Germany's security agency BfV (Bundesamt für Verfassungsschutz) revealed the results of their long counterintelligence inquiry into how Chinese intelligence services use social media. LinkedIn drew particular attention, and BfV director Hans-Georg Maaßen said China is using the platform to collect information on targeted individuals. The Chinese services are said to have catphished more than ten-thousand Germans. Most of the fictitious profiles used were swiftly taken down, but some journalists got a peek before the catphish spit the hook and vanished, and the profiles appeared to be what the BfV said they were. The Chinese Foreign Ministry dismisses the German report as "groundless" and "hearsay," desiring Berlin to "speak and act more responsibly."
Taking out insurance against cyberattack is a sensible way of transferring risk, but Watchguard thinks it sees signs of small businesses in particular thinking that insurance enables them to rest easy with poor cyber hygiene.
The blockchain and the barista: it appears that at least one Starbucks Wi-Fi provider may have used the coffee shop's network to install a Monero miner in unwitting patrons' devices.
The vigilante known variously as "The Doctor" and "The Janitor," the one responsible for Brickerbot, has indicated he's retiring. He claims to have bricked more than ten million vulnerable IoT devices, thereby preventing them from being herded into malicious botnets. Doctor Janitor never got much love—he was generally regarded as a destructive, self-righteous pest.
The US Securities and Exchange Commission has stopped another ICO, this one for Munchee.