Issue 1705 - Tuesday 4th October, 2022

In Today's Issue

The News

7.7m people impacted by Optus data breach, 1.2m with valid ID numbers

Optus has (finally) confirmed that 7.7 million individuals or businesses are impacted by its security fuckup. Of that 7.7 million, 1.2 million included valid and active ID numbers (drivers licences, passports). Apparently they are contacting those people with information on what to do next. Meanwhile, Optus is getting in Deloitte to do a "review of Optus security systems, controls and processes". Cyber Security Minister Clare O'Neil took a pot shot at the former government saying privacy and cyber security laws they passed are "absolutely useless" and Tanya Plibersek is shitty that Optus still hasn't told the government about any Medicare or Centrelink numbers exposed.

Kim Kardashian fined by SEC for hawking crypto without disclosing she got paid

Kim Kardashian got in trouble with the SEC for "touting on social media a crypto asset security offered and sold by EthereumMax without disclosing the payment she received for the promotion". Her punishment is $1.26m in penalties and a ban on promoting any crypto asset securities for three years. According to the SEC Kim was paid $250,000 by EthereumMAX to promote EMAX tokens on her Instagram account, but because she did not "disclose the nature, source, and amount of compensation they received in exchange for the promotion", the SEC got involved. Just slapping "#ad" on the post isn't enough when you're dabbling in the world of securities.

ACCC isn't keen on Telstra & TPG's network sharing deal

The ACCC has released its preliminary view of TPG and Telstra's network sharing deal. If you've forgotten (it was announced back in February!) TPG will get access to 3700 Telstra towers across regional Australia and urban fringes, TPG will turn off 725 of its current sites in those areas and give Telstra access to its 4G and 5G spectrum. The ACCC's thoughts are in this 52-page PDF I've only skimmed, but it seems like their main fear is that TPG will increase prices because its network will improve dramatically with the addition of Telstra's towers, further reducing competition (there were 4 competitors, then 3, now only 2). As it stands now the ACCC is unlikely to approve the TPG and Telstra deal, but is seeking feedback from the industry before making its mind up.

Something I Saw On The Internet

PlayStation 5 gets jailbroken, but it ain't easy and there's not much you can do with it yet

A hacker by the name of SpecterDev has managed to jailbeak a PlayStation 5 and published how to do it on Github. It takes advantage of "an experimental IPV6 kernel exploit" that "relies on a WebKit vulnerability as an entry point" and "only works around 30% of the time". You also need to be running firmware 4.03 (released October 2021, most PS5s would have been updated by now) and only gives you "read/write access but no way to execute anything you install". Oh and there's the possibility of getting your "PlayStation Network account banned, voids any warranty and could result in you rendering your entire console unusable". Still, there's a dedicated community out there of nerds who want their PS5s to be unencumbered by Sony's iron grip, so I assume they'll crack this nut eventually.

Bargains

The End

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