Despite increasingly sophisticated and far-reaching cybersecurity implementations, there isn’t a day when we don’t hear about new data breaches and vulnerabilities. The industry does not even find time to fully comprehend the last breach before another blow is thrown its way. According to Breach Level Index, more than 5 million records are lost or stolen every day. The total amount of compromised records since 2013 is more than twice the number of global internet users and only 4% of them involved encrypted data that would be useless after being stolen. It is easy to say that insecure applications are a product of… This story continues at The Next Web
SINGAPORE (Oct 22): Uber Technologies Inc has decided to appeal a decision by the Singapore competition regulator that its merger with regional rival Grab violated the city-state's competition laws, the firm said on Monday.
Last month, Singapore slapped ride-hailing firms Grab and Uber with fines and imposed restrictions on their businesses to open up the market to competitors, after concluding that their merger had driven up prices. It fined Grab S$6.42 million (US$4.7 million) and Uber S$6.58 million.