Tag Archives: Yahoo

Microsoft, Yahoo Upgrades Shows Snowden Won, Obama Failed

According to Bloomberg,

Former U.S. National Security Agency contractor Edward Snowden succeeded where President Barack Obama couldn’t — getting Microsoft Corp., Google Inc. and Yahoo! Inc. to upgrade computer security against hackers.

The companies are adopting harder-to-crack code to protect their networks and data, after years of largely rebuffing calls from the White House and privacy advocates to improve security. The new measures come after documents from Snowden revealed how U.S. spy programs gain access to the companies’ customer data — sometimes with their knowledge, sometimes without — and that’s threatening profits at home and abroad.

“These companies actively fought against numerous mechanisms that would have mandated far more secure data,” Sascha Meinrath, director of the Open Technology Institute at the New America Foundation in Washington, said in a phone interview. “Now they are paying the literal price.”

While Google, Yahoo, Microsoft and Facebook Inc. provide data to the government under court orders, they are trying to prevent the NSA from gaining unauthorized access to information flowing between computer servers by using encryption. That scrambles data using a mathematical formula that can be decoded only with a special digital key.

The NSA has tapped fiber-optic cables abroad to siphon data from Google and Yahoo, circumvented or cracked encryption, and covertly introduced weaknesses and back doors into coding, according to reports in the Washington Post, the New York Times and the U.K.’s Guardian newspaper based on Snowden documents. He is now in Russia under temporary asylum.

‘Government Snooping’

Microsoft is the latest company considering measures to ensure the protection of customer data and strengthen security “against snooping by governments,” according to Brad Smith, general counsel for the Redmond, Washington-based company.

Microsoft’s networks and services were allegedly hacked by the NSA, the Washington Post reported Nov. 26. Documents disclosed by Snowden suggest, without proving, that the NSA targeted Microsoft’s Hotmail and Windows Live Messenger services under a program called MUSCULAR, the newspaper said.

“These allegations are very disturbing,” Smith said in an e-mailed statement. “If they are true these actions amount to hacking and seizure of private data and in our view are a breach of the protection guaranteed by the Fourth Amendment to the Constitution.”

Smith didn’t provide details about what the company is considering doing.

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Silicon Valley Nerds Seek Revenge on NSA Spies With Coding

According to Bloomberg,

Silicon Valley Nerds Seek Revenge on NSA Spies With Super Coding (Bloomberg)

Silicon Valley Nerds Seek Revenge on NSA Spies With Super Coding (Bloomberg)

Google Inc., Facebook Inc. and Yahoo! Inc. are fighting back against the National Security Agency by using harder-to-crack code to shield their networks and online customer data from unauthorized U.S. spying.

The companies, burned by disclosures they’ve cooperated with U.S. surveillance programs, are protecting user e-mail and social-media posts with strengthened encryption that the U.S. government says won’t be easily broken until 2030.

While the NSA may find ways around the barriers, the companies say they have to assure users their online connections are secure and data can’t be grabbed when transmitted over fiber-optic networks or digitally stored.

Microsoft Corp. is convinced it must “invest in protecting customers’ information from a wide range of threats, which if the allegations are true, include governments,” Matt Thomlinson, general manager of trustworthy computing, said in an e-mail. He didn’t provide details.

Internet companies including Google, Yahoo, Facebook, Microsoft and Apple Inc. are trying to distance themselves from news reports that they gave the agency data on electronic communications of Americans and foreigners or have lax security.

While the companies are trying to prevent the NSA from gaining unauthorized access to their data, they say they comply with legal court orders compelling them to provide the government information.

The NSA has tapped fiber-optic cables abroad in order to siphon off data from Google and Yahoo, circumvented or cracked encryption, and covertly introduced weaknesses and back doors into coding, according to reports in the Washington Post, the New York Times and the U.K.’s Guardian newspaper based on documents leaked by former NSA contractor Edward Snowden.

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Arrested analyst allegedly tipped off hedge fund to Microsoft deal

Arrested analyst allegedly tipped off hedge fund to Microsoft deal

Federal authorities have arrested a financial analyst who shared inside information about a 2009 advertising deal between Microsoft and Yahoo. He allegedly got the tip from a Microsoft executive.

NEW YORK — A financial analyst provided inside information about a blockbuster deal between Microsoft and Yahoo to a portfolio manager at a hedge fund that’s become the target of a sweeping investigation, authorities said Tuesday.

Federal prosecutors in New York announced the securities-fraud charges against Sandeep Aggarwal a day after he was arrested in San Jose, Calif. There was no immediate response to a phone message left Tuesday with his attorney.

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