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Federal Trade Commission Takes Facebook to Court… Again

The FTC hopes to prove in an 80-page complaint that Facebook holds damaging monopoly power over competitors

Last week, the Federal Trade Commission (FTC) filed an amended complaint against Facebook, trying again for an antitrust lawsuit after a federal judge dismissed their original complaint earlier this summer. The updated complaint alleges that Facebook has violated antitrust laws and garnered monopoly power, namely by buying up rival companies and imposing unfair policies that “neutralize perceived competitive threats.” Facebook is the world’s dominant online social network, with a purported three billion-plus regular users. Facebook has maintained its monopoly position in significant part by pursuing Chief Executive Officer (“CEO”) Mark Zuckerberg’s strategy, expressed in 2008: “it is better to buy than compete.” True to that maxim, Facebook has systematically tracked potential rivals and acquired companies that it viewed as serious competitive…

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Chinese Communist Party Called Out For Cyber Attacks

The DOJ has indicted members of state-backed hacker group APT40 for cyber crimes dating back to 2009

On the same day that several countries formally accused the Chinese government of malicious cyber behavior, the U.S. Department of Justice made public its indictment of four Chinese hackers who are part of the hacker group, APT40.* Deng Xiaoyang, Chen Qingmin, and Zhu Yunmin are associated with the Hainan providential arm of China’s Ministry of State Security, and Wu Shurong is a private contractor in Hainan. They are charged with Conspiracy to Damage Protected Computers, Conspiracy to Commit Economic Espionage, and Criminal Forfeiture. The unsealed grand jury indictment outlines cybercrimes dating back to July 2009 and continuing through September 2018.  From the indictment: The object of the conspiracy was to install malware and hacking tools on protected computers and to leverage such…

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U.S. and Allies Formally Accuse China of Exchange Server Hack

This isn’t the first time the Chinese-backed hacker group has infiltrated organizations

On Monday, July 19, three cybersecurity announcements were made: In response to the massive Microsoft Exchange Server hack, the U.S., U.K., Canada, Australia, New Zealand, Norway, Japan, the E.U., and NATO formally accused the Chinese government of engaging in harmful cyberactivity. The U.S. Department of Justice published its indictment of four Chinese hackers associated with the Chinese government, known as APT40. The FBI, CSIS, and the NSA published a cybersecurity advisory cataloging the fifty tactics, techniques, and procedures used by Chinese state-sponsored hackers. Then, on Tuesday, the CSIA and the FBI published a report on state-sponsored international hacking groups that included accusations that the Chinese state-backed hackers infiltrated thirteen oil and natural gas pipeline operators between 2011 and 2013. In…