Inadaquate ID authentication blamed for 2020 data thefts at Canada Revenue, ESDC
The theft of tax and employment records of 48,000 of Canadians four years ago was the fault of poor IT authentication security, says the country’s privacy commissioner. Attackers employed credential stuffing using previously stolen usernames and passwords to get into the IT systems of the Canada Revenue Agency (CRA) and
Read moreJumia reduces losses by over 90% in Q4 amid focus on restoring order and GMV growth
In 2023, Jumia revised its adjusted EBITDA loss guidance thrice: $100 million to $120 million in Q1; $90 million to $100 million in Q2; and $80 million to $90 million in Q3, aiming for a 57% to 61% year-over-year reduction if met. The company exceeded these expectations and significantly outperformed
Read moreCash App takes on Apple with a 4.5% APY for savings accounts (with direct deposit)
Apple’s recent move to boost the interest rate for its Apple Card Savings Account to 4.5% is now prompting a competitor to do the same. Cash App today announced it will now offer “up to” a 4.5% APY (annual percentage yield) for its Cash App Savings customers, with a few
Read moreSocialCrowd raises $1.6M pre-seed as venture interest in work software remains high
Launched in 2020, SocialCrowd is a SaaS platform that provides performance management software. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreVR sickness happens. Here’s how to avoid and treat it.
Over the past week, a number of people have reported returning their Vision Pros for a number of reasons, including issues around headset comfort and sickness. Returns are par for the course with any nascent technology. No matter how polished a first-generation product is upon release, there’s a very real
Read moreMeta says it will pass on the Apple tax to advertisers paying to boost posts on Facebook and Instagram
Meta is looking to leverage advertiser outrage in its battle with Apple over in-app purchase fees by announcing that it will soon pass on Apple’s 30% service charge to its customers. In an announcement, the social networking giant explains that starting later this month, advertisers who want to pay to
Read moreSecurity by obscurity
Security-by-obscurity is a bad idea in general. It’s better, for example, to have a login page than to give your site an obscure URL. It’s better to encrypt a file than to hide it in some odd directory. It’s better to use a well-vetted encryption algorithm than to roll your
Read moreYouTube now lets you integrate music videos into your Shorts
YouTube is introducing the ability for users to incorporate or “remix” a music video in their short-form videos, called Shorts, as the company continues to challenge TikTok. Given that YouTube has something that TikTok doesn’t, which is a vast library of official music videos, it makes sense for the platform
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