President Trump has agreed to permit Huawei to buy some US products ("boring kit," as CRN puts it). Reuters reports that the White House says there's no diminution of concern about Huawei as a security risk. Forbes says Huawei applauds what the company calls a u-turn.
In an interview with Ars Technica, US CISA Director Krebs repeats warnings of expected Iranian cyberattacks against US targets.
Iran has taken down two big cryptocurrency mining farms run from disused factories. Authorities say the activity was sufficiently power hungry to have rendered portions of the grid "unstable," with consumers of electricity noticing problems, according to Radio Free Europe/Radio Liberty.
Not a cyberattack, but an incident worth considering in the light of concerns about the power grid, is a recent power-failure induced disruption of manufacturing. A thirteen-minute outage at Toshiba Memory disrupted flash memory production, a disclosure from Western Digital said last week. The accident destroyed some six exabytes of product. Production is expected to return to normal in the middle of July. Significant "fluctuations" in flash prices are expected to follow, CRN notes.
The ransomware attack at aviation components manufacturer Asco remains only partially fixed. Things are improving, AIN says, but Asco doesn't yet have a projected time for full recovery.
Australia is leading a voluntary international agreement in which governments would swiftly take down "abhorrent" content posted online, CRN reports.
Axios writes that strong interest in Facebook's projected Libra cryptocurrency has already led to a scramble by scammers to register Libra-sounding domains.