Lawmakers Urge Treasury Sanctions Against Spyware Firms

Human rights are center stage in a Congressional request to the U.S. Treasury Department for sanctions against Israeli spyware firm NSO Group and three additional foreign surveillance companies that allegedly aided authoritarian governments in committing criminal moral abuses. In a letter signed by Senate Finance Committee chairman Ron Wyden (D-Oregon), House Intelligence Committee chairman Adam Schiff (D-California) and 16 other Democratic lawmakers, Treasury was also asked to slap down UAE cybersecurity firm DarkMatter, European bulk surveillance mills Nexa Technologies and Trovicor, and top executives at those firms. Continue reading Lawmakers Urge Treasury Sanctions Against Spyware Firms

U.S. to Limit Exporting Surveillance Tech to Certain Countries

The U.S. government has announced its plans to work with other nations to put restrictions on the export of surveillance tools to authoritarian countries such as China. The Biden administration says it would gather allies and start an initiative to regulate the export of surveillance tools. The initiative is planned to be discussed during a virtual gathering, Summit for Democracy, on December 9-10. Representatives from more than 100 democratic nations will be participating. The primary objective of the summit is to crack down on authoritarian governments from using cyber tools to violate fundamental human rights. Continue reading U.S. to Limit Exporting Surveillance Tech to Certain Countries

U.S. Offers Incentives for Countries to Avoid China’s 5G Gear

The U.S. Commerce Department’s Commercial Law Development Program (CLDP) is leading a program to encourage nations to avoid gear from Chinese companies Huawei and ZTE in building their own 5G networks. The workshops on how to do so, combined with a handbook and some financial incentives, are aimed at legislators in Central and Eastern Europe as well as developing countries around the world. The handbook will include case studies of how the United Kingdom, for example, deployed 5G without Chinese equipment. Continue reading U.S. Offers Incentives for Countries to Avoid China’s 5G Gear

White House Names Official to Lead Probe of Expansive Hack

In December, suspected Russian hackers compromised SolarWinds Corp., a small software vendor, leveraging it to infiltrate the U.S. departments of Commerce, State and Treasury, as well as numerous private companies. An in-depth investigation revealed that the hack’s scope was larger than first known, with about one-third of those hacked having no direct connection with SolarWinds. Now, the Biden administration has selected White House National Security Council senior official Anne Neuberger to lead the response. Continue reading White House Names Official to Lead Probe of Expansive Hack

Alibaba Spinoff Ant Group Preps for a Record $34 Billion IPO

With the goal of disrupting the banking business in China and making it easier for small businesses to get loans, Alibaba co-founder Jack Ma created Ant Group. Now, the Alibaba spinoff is set to raise $34 billion by selling shares in Hong Kong and Shanghai in what is expected to be the largest initial public offering (IPO) on record. After the IPO, the company will be worth around $310 billion. At its size, Ant is a target for Chinese regulators at the same time that some government funds are Ant shareholders. Continue reading Alibaba Spinoff Ant Group Preps for a Record $34 Billion IPO

U.S. Drafting Rule to Allow Firms to Work on 5G with Huawei

According to sources, the U.S. Department of Commerce — which blacklisted China’s Huawei Technologies last year — is in the process of inking a new deal that will allow U.S. companies to work with it to set 5G standards. With last year’s blacklist, companies were at a loss to know what information and technology their employees could share with Huawei, and U.S. engineers stayed mum in international 5G standards-setting meetings. The result was that Huawei gained the upper hand in the discussions. Continue reading U.S. Drafting Rule to Allow Firms to Work on 5G with Huawei

CES 2020: Innovation Policy and Readiness For 5G Future

CTA senior vice president, political and industry affairs Tiffany Moore introduced a panel on 5G as the first in a series of CES panels focusing on innovation policy. Pete Hoekstra, the U.S. State Department’s ambassador to the Netherlands introduced a governmental perspective. “We want an open, global competitive market for 5G that functions under the rule of law and is a framework we can trust,” he said. “We need to get government to work collaboratively with industry to update rules and regulations.” Continue reading CES 2020: Innovation Policy and Readiness For 5G Future

Russia Boosts Efforts to Foil Extradition of Hackers to U.S.

Russian hackers have been responsible for serious cybercrimes in the last few years, including Sandworm, a group of hackers who attacked the 2018 Olympics, among other targets. Now, Russia is seeking to replace the 2001 Budapest Convention on Cybercrime with a new agreement that will align with its interests. The country is playing hardball in its attempt to prevent its citizens arrested abroad to be extradited to the U.S. for trial, including holding an Israeli citizen for trade with a Russian hacker held in that country. Continue reading Russia Boosts Efforts to Foil Extradition of Hackers to U.S.