News sites hit by malicious ad attack: Report

8:57 AM ETCNBC.comSHARES

News sites hit with ransomware

Major news websites are getting hit with a malicious ad attack, causing some users to be infected by ransomware.

Several leading news websites have been affected by malicious adverts which have caused some users to be infected by ransomware, according to the BBC.

The U.K. broadcaster reported that its own website had been targeted. It also reported that sites including MSN, the New York Times, AOL and Newsweek had been effected. MSN and Newsweek were not immediately available for comment when contacted by CNBC.

A spokesperson for the NYT told CNBC that it was still investigating whether it was affected and said the software was impacting ads from third parties that were beyond their control. AOL declined to comment.

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Apple asks for delay in iPhone data case

11:16 AM ETReutersSHARES

Apple said the U.S. Justice Department’s new attempts to unlock an iPhone used by one of the San Bernardino shooters without the tech giant’s help could eliminate the government’s need for its assistance in a similar dispute in New York.

The company’s position was laid out in a letter filed on Thursday in federal court in Brooklyn, New York, seeking to delay briefing in the Justice Department’s appeal of a ruling that protects Apple from unlocking an iPhone in a drug case.

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Tech anonymity not good for society: Isaacson

12:37 PM ETCNBC.comSHARES

Walking encryption tightrope

Walter Isaacson, Aspen Institute CEO, weighs in on the privacy debate and regulating encryption.

Major forms of communication should not be beyond the reach of the law, Walter Isaacson said one day after the Justice Department said it had broken into an iPhone used by one of the San Bernardino shooters.

As a result, the department said the FBI would no longer need Apple’s help in cracking the device. For weeks, the tech giant had fought a federal court order to assist the FBI, sparking a national debate about the balance between national security and personal privacy.

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Can Apple still claim its iPhones are secure?

Getty ImagesApple CEO Tim Cook (left) and FBI Director James Comey.

Has Tim Cook’s biggest fear been realized?

For weeks, Apple’s CEO said the company wouldn’t comply with a court order to help the FBI crack an iPhone tied to the San Bernardino terror attack in December. Creating a backdoor, Cook argued, would open the way for any bad guys who wished to enter.

“In the wrong hands, this software

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How $80B moving through NY Fed daily could be vulnerable to hackers

Steve Liesman 6 Hours AgoCNBC.comSHARES

The Federal Reserve Bank of New York, in its first extensive remarks on cybersecurity following the theft of $81 million from accounts it held for the central bank of Bangladesh, said the incident is a “wake-up call” for the global financial system and the Fed is taking the issue “very seriously.”

However, a senior New York Federal Reserve official said in an interview with CNBC that the central bank has no authority to inspect or oversee the cybersecurity precautions at foreign central banks that keep their assets at the New York Fed. That means there can be varying cybersecurity risk levels around the world for transactions between global central banks and the New York Fed.

The New York Fed stands at the center of the globalized, dollar-denominated world, maintaining as many as 250 accounts for central banks that contain approximately $3 trillion in assets. One of the reasons those funds are concentrated in New York is that the United States is seen as among the safest places in the world for central bankers looking to protect assets. At the same time, that massive pool of money represents a rich and tempting target for international thieves and their growing attempts at cybertheft.

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