Day: June 19, 2020

Facebook Acquires Crowdsourced Mapping Company Mapillary

Facebook on Thursday acquired Swedish mapping technology company Mapillary, which collects images from tens of thousands of contributors to build immersive and up-to-date maps, the companies said.

Mapillary Chief Executive Officer Jan Erik Solem, who founded the Malm√∂-based startup after leaving Apple in 2013, said his company’s technology would be used to power products like Facebook Marketplace and supply data to humanitarian organisations.

Solem had sold a facial recognition startup, Polar Rose, to Apple in 2010.

Facebook confirmed the transaction, but declined to disclose the terms. Mapillary did not immediately respond to a request for comment.

Mapillary aims to solve one of the most expensive problems in mapping: keeping maps updated with “street level data” about signs, addresses and other information that can be observed from the road.

Big companies such as Apple and Alphabet’s Google solve the problem by sending out fleets of vehicles outfitted with cameras and other

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Popular mobile banking apps are riddled with security flaws, and Android users are more at risk

A study of banking apps for iOS and Android found poor source code protection, cleartext storage of sensitive data, and other serious flaws that make it easy for attackers to break into accounts.

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A study of banking apps for iOS and Android has led researchers to conclude that “none of the tested mobile banking applications has an acceptable level of security.”

Performed by IT security vendor Positive Technologies, the study tested 14 banking apps available on both iOS and Android that had more than 500,000 downloads each. Despite the small sample size, there are reasons to pay attention to the results. 

Every single app contained vulnerabilities, and three were common to all of them: A lack of obfuscation, no protection against code injection and repackaging, and code that contained names of classes and methods.

In short, use your bank’s mobile app at your own risk.

Luckily for iOS

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