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Today’s top tech news

The BBC reports that British police have arrested a teenage boy, purportedly a member of hacking group Team Poison. He is alleged to be the spokesman of the group, which has claimed responsibility for more than 1, 400 illegal activities. Arrested under the Computer Misuse Act 1990, his computer equipment has been seized by the authorities and is currently being examined by forensics. It is believed that Team Poison, which identifies itself as ‘TeaMp0isoN’ online, is responsible for a number of high profile attacks including that of Tony Blair’s online address book and of Mark Zuckerberg’s Facebook profile. It is also believed to have been responsible for the publishing of recordings of Scotland Yard officers discussing confidential hacking investigations with American law enforcement. The operation was carried out by Northumbria Police and supported by the Police Central eCrime Unit.

Sony has reported record losses of £3.6bn for the last financial year writes The Guardian. The poor results have been blamed by those in the industry on the company’s struggling television manufacturing business and a lack of new products. Sony has seen its share price slip to a 25 year low and is valued at just £9bn, far behind Apple. To combat this, the newly appointed chief executive Kazuo Hirai is cutting some 10,000 jobs and wants to turn around the TV side of the business which has lost more than £7bn in the last 9 years. The company has sketched out a future driven by sales of video games, cameras and mobile devices such as the Xperia smartphone, as well as medical devices and electric-car batteries.

 

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Yahoo has now confirmed a previously suspected attack, undertaken in 2014, where an estimated 500 million user account credentials were stolen, reports UK.BusinessInsider.com. The company confirmed that the stolen data includes names, email addresses, telephone numbers and hashed passwords –... Read more

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Cyberattacks on satellites could spark a global catastrophe due to a combination of lax security and increasing number of potential attackers, reveals Independent.co.uk. The warning follows a new report from independent policy institute Chatham House, which suggested authorities should commit... Read more

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iPhone passcodes can now be bypassed with just £75 worth of technology, reports BBC.co.uk. A Cambridge computer scientist has cloned iPhone memory chips, allowing an unlimited number of attempts in guessing a passcode. This contradicts claims made by the FBI... Read more

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The UK risks being left behind in the 5G race to build smart cities if the government does not overhaul outdated planning laws, reports FT.com. The outgoing head of mobile carrier O2 has urged UK Prime Minister Theresa May to... Read more