According to The Verge, Discord has banned the r/WallStreetBets server for allowing "hateful and discriminatory content after repeated warnings." It did not ban the server for financial fraud. We have also learned that Reddit's WallStreetBets subreddit has been set to private. Here is Discord's full statement: The server has been on our Trust & Safety team's radar for some time due to occasional content that violates our Community Guidelines, including hate speech, glorifying violence, and spreading misinformation. Over the past few months, we have issued multiple warnings to the server admin.

Today, we decided to remove the server and its owner from Discord for continuing to allow hateful and discriminatory content after repeated warnings.

To be clear, we did not ban this server due to financial fraud related to GameStop or other stocks. Discord welcomes a broad variety of personal finance discussions, from investment clubs and day traders to college students and professional financial advisors. We are monitoring this situation and in the event there are allegations of illegal activities, we will cooperate with authorities as appropriate. UPDATE: Reddit says the subreddit's moderators were the ones to make it private. According to The Verge's Dieter Bohn, the mods now say that "We are unable to ensure Reddit's content policy and the WSB rules are enforceable without a technology platform that can support automation of this enforcement. WSB will be back."

UPDATE #2: r/WallStreetBets is back!

Stories to help you get caught up:
Former SEC Chairman Calls For an Agency Investigation Into Online Stock Trading Platforms
AMC Spikes 260% as Day Traders Ignite Shorted Stocks like GameStop, BlackBerry, and Bed Bath & Beyond
GameStop Jumps After Hours As Elon Musk Tweets Out Reddit Board That's Hyping Stock
GameStop Stock Jumps To New Record
Gaming the System: How GameStop Stock Surged 1,500% In Nine Months

AMC shares skyrocketed as much as 260% in premarket trading on Wednesday as day traders piled into heavily shorted stocks for a third consecutive day. From a report: Frenzied buying also drove GameStop shares up as much as 147%, BlackBerry up 31%, and Bed Bath & Beyond up 27%. Amateur investors have gathered, most notably on Reddit forum r/wallstreet bets, to pinpoint stocks they can buy en masse and score fast profits. They frequently target stocks that are popular shorts, as driving their stock prices up can pressure short-sellers into buying shares back to cover their positions, which sends prices even higher. Day traders also see the strategy as a way to stick it to Wall Street. They have targeted hedge funds such as Melvin Capital, which had negative positions in 17 US-listed stocks at the last count. Four of those - GameStop, Bed Bath & Beyond, Dillard's, and Ligand Pharmaceuticals - jumped at least 10% in premarket trading on Wednesday.

An anonymous reader quotes a report from Ars Technica: Facebook said it has linked an advanced hacking group widely believed to be sponsored by the government of Vietnam to what's purported to be a legitimate IT company in that country. The so-called advanced persistent threat group goes under the monikers APT32 and OceanLotus. It has been operating since at least 2014 and targets private sector companies in a range of industries along with foreign governments, dissidents, and journalists in South Asia and elsewhere. It uses a variety of tactics, including phishing, to infect targets with fully featured desktop and mobile malware that's developed from scratch. To win targets' confidence, the group goes to great lengths to create websites and online personas that masquerade as legitimate people and organizations.

Earlier this year, researchers uncovered at least eight unusually sophisticated Android apps hosted in Google Play that were linked to the hacking group. Many of them had been there since at least 2018. OceanLotus repeatedly bypassed Google's app-vetting process, in part by submitting benign versions of the apps and later updating them to add backdoors and other malicious functionality. FireEye published this detailed report on OceanLotus in 2017, and BlackBerry has more recent information here. On Thursday, Facebook identified Vietnamese IT firm CyberOne Group as being linked to OceanLotus. The group lists an address in Ho Chi Minh city.

Email sent to the company seeking comment returned an error message that said the email server was misconfigured. A report from Reuters on Friday, however, quoted a person operating the company's now-suspended Facebook page as saying: "We are NOT Ocean Lotus. It's a mistake." At the time this post went live, the company's website was also unreachable. An archive of it from earlier on Friday is here.

After TCL announced plans to stop producing BlackBerry phones later this year, it seemed like the once-popular BlackBerry brand would finally be coming to an end. "But now, a new company has pledged to take up the BlackBerry mantle with promises of releasing a new phone featuring a good 'ol physical keyboard sometime next year," reports Gizmodo. From the report: In a press release today, Austin, Texas-based OnwardMobility announced that it had reached an agreement with both BlackBerry and FIH Mobile Limited (a subsidiary of Foxconn) to create a new 5G BlackBerry Android phone with a physical keyboard. The device is slated to be available in both Europe and North America sometime in the first half of 2021. That said, this new BlackBerry phone will have slightly different ambitions than the previous BlackBerry handsets produced by TCL, as OnwardMobility is planning to target its BlackBerry phone at businesses and enterprise professionals who want something that delivers both a tactile typing experience and an emphasis on privacy and security.

When it comes to producing a new BlackBerry phone, OnwardMobility CEO Peter Franklin said, "Enterprise professionals are eager for secure 5G devices that enable productivity, without sacrificing the user experience. BlackBerry smartphones are known for protecting communications, privacy, and data." BlackBerry CEO John Chen also issued similar sentiments, saying that "BlackBerry is thrilled OnwardMobility will deliver a BlackBerry 5G smartphone device with physical keyboard leveraging our high standards of trust and security synonymous with our brand. We are excited that customers will experience the enterprise and government level security and mobile productivity the new BlackBerry 5G smartphone will offer."

"An encrypted BlackBerry device that was cracked five years after it was first seized by police is poised to be the key piece of evidence in one of the state's longest-running drug importation investigations," reports the Sydney Morning Herald: In April, new technology "capabilities" allowed authorities to probe the encrypted device, which was used by one of the alleged kingpins and revealed 3000 messages over a one-month period, a Sydney court has heard. The development has paved the way for the arrest of another five members of an alleged criminal syndicate.

For at least two of the men — Frank Farrugia and Deniz Kanmez — the cracked BlackBerry was allegedly the "silver bullet" in netting their arrest, according to a source close to the investigation. Strike Force Millstream detectives arrested the five men in a series of raids from Sydney to Dubai last month. The arrests culminated a seven-year investigation into money laundering, criminal groups and at least four commercial importations between 2013-14, valued at $1.5 billion. Nearly two dozen men have been implicated...

It is the second device to be unlocked as part of the investigation, after Canadian authorities successfully cracked another BlackBerry in 2017, which was central in an earlier trial of four men linked to the syndicate.

"A newly uncovered form of ransomware is going after Windows and Linux systems," reports ZDNet, "in what appears to be a targeted campaign." Named Tycoon after references in the code, this ransomware has been active since December 2019 and looks to be the work of cyber criminals who are highly selective in their targeting. The malware also uses an uncommon deployment technique that helps stay hidden on compromised networks. The main targets of Tycoon are organisations in the education and software industries.

Tycoon has been uncovered and detailed by researchers at BlackBerry working with security analysts at KPMG. It's an unusual form of ransomware because it's written in Java, deployed as a trojanised Java Runtime Environment and is compiled in a Java image file (Jimage) to hide the malicious intentions... [T]he first stage of Tycoon ransomware attacks is less uncommon, with the initial intrusion coming via insecure internet-facing Remote Desktop Protocol servers. This is a common attack vector for malware campaigns and it often exploits servers with weak or previously compromised passwords. Once inside the network, the attackers maintain persistence by using Image File Execution Options (IFEO) injection settings that more often provide developers with the ability to debug software. The attackers also use privileges to disable anti-malware software using ProcessHacker in order to stop removal of their attack...

After execution, the ransomware encrypts the network with files encrypted by Tycoon given extensions including .redrum, .grinch and .thanos — and the attackers demand a ransom in exchange for the decryption key. The attackers ask for payment in bitcoin and claim the price depends on how quickly the victim gets in touch via email.

The fact the campaign is still ongoing suggests that those behind it are finding success extorting payments from victims.

Remember when BlackBerry reported Advanced Persistent Threat groups have been infiltrating critical Linux servers for at least eight years? What's the lesson to be learned?

LinuxSecurity Founder Dave Wreski argues "Although it may be easy to blame the rise in attacks targeting Linux in recent years on security vulnerabilities in the operating system as a whole, this is simply not the truth. The majority of exploits on Linux systems can be attributed to misconfigured servers and poor administration."

Writing for Linux Security, Slashdot reader b-dayyy gathered some additional responses: Some experts argue that it is the popularity of Linux that makes it a target. Joe McManus, Director of Security at Canonical, explains: "Linux and, particularly Ubuntu, are incredibly secure systems but, that being said, it is their popularity that makes them a target." Ian Thornton-Trump, a threat intelligence expert and the CISO at Cyjax, adds: "From an economic and mission perspective, it makes sense for a threat actor to invest in open-source skills for flexibility and the ability to target the systems where the good stuff is happening."

Despite the increasing number of threats targeting Linux systems, there is still a sound argument for the inherent security of Linux, which can be attributed to the core fundamentals of Open Source. Due to the transparency of open-source code and the constant scrutiny that this code undergoes by a vibrant global community, vulnerabilities are identified and remedied quicker than flaws that exist in the opaque source code of proprietary software and operating systems. Threat actors recognize this, and are still directing the majority of their attacks at proprietary operating systems.

These attacks do; however, serve as a much-needed wakeup call for the security community that more needs to be done to protect Linux servers. BlackBerry's report reveals that security solutions and defensive coverage available within Linux environments is "immature at best". Endpoint protection, detection and response products are inadequately utilized by too many Linux users, and endpoint solutions available for Linux systems are often insufficient in combating advanced exploits. Eric Cornelius, Chief Product Officer at BlackBerry, evaluates: "Security products and services that support Linux, offerings that might detect and give us insight into a threat like this, are relatively lacking compared to other operating systems, and security research about APT use of Linux malware is also relatively sparse."

Linux malware is real and Advanced Persistent Threat (APT) groups have been infiltrating critical servers with these tools for at least eight years, according to a new report from BlackBerry. From a report: In "Decade of the RATs: Cross-Platform APT Espionage Attacks Targeting Linux, Windows and Android," security researchers found that these groups have attacked companies around the world and across all industries with goals ranging from simple cybercrime to full-blown economic espionage. The RATs report describes how five APT groups are working with the Chinese government and the remote access trojans (RATs) the cybercriminals are using to get and maintain access to Linux servers.

According to the report, the groups appeared to be using WINNTI-style tooling to take aim at Linux servers and remain relatively undetected for almost a decade. These groups are targeting Red Hat Enterprise, CentOS, and Ubuntu Linux environments for espionage and intellectual property theft. The APT groups examined include the original WINNTI GROUP, PASSCV, BRONZE UNION, CASPER (LEAD), and a newly identified group BlackBerry researchers are tracking as WLNXSPLINTER. The BlackBerry researchers think all five groups are working together, given the distinct similarities in their preferred tools, tactics, and procedures.

Faced with an array of opponents for its sensor-laden city of tomorrow in Toronto, a Google sibling has drastically dialed back plans. The critics now want the tech giant to quit altogether. From a report: The announcement was big enough for Prime Minister Justin Trudeau to fly down to Toronto and deliver. A corporate sibling of Google had been selected to transform a largely abandoned port area in Toronto into an innovative, sensor-laden, tech-centric city of tomorrow. But almost from the time of its unveiling, the project -- which combined environmentally advanced construction with a plan for sensors to track residents' movements and actions -- was hit by formidable opposition. Critics cast it as a recipe for a surveillance-driven, corporate-controlled urban dystopia and objected to turning over public spaces to one of the world's wealthiest companies.

Now, nearly two and a half years later, the opponents have shown that even if you can't fight city hall, you can take on Google and succeed. After admitting that it had underestimated privacy worries with its original plan, the Google sibling, Sidewalk Labs, has retreated. A couple of weeks ago, it unveiled details of a much watered-down plan along with new privacy protections. But some critics remain unconvinced. Waterfront Toronto, a government agency, will announce in May if the project will proceed.

"This thing has blown up on them," said one of the plan's leading critics, Jim Balsillie, who as a co-chief executive of Research in Motion helped make the BlackBerry the world's first successful smartphone and himself into one of Canada's biggest names in tech. "I smoked them out. They were playing us like a bunch of colonial supplicants and suckers." The story of how Toronto walked back the Google plan is in part a tale of locals taking on a big company. But it also reflects a growing pushback around the world against big tech that has accelerated since Sidewalk Labs unveiled its proposal.

After capturing the U.S. television market with aggressively priced Roku TVs, China's TCL wants to replicate that success with inexpensive phones, IoT devices and connected appliances -- and in the process, turn its still relatively unknown brand into a household name. In other words: TCL wants to be the next Samsung. From a report: It won't be easy. The phone market, TCL's next target, is firmly dominated by Apple and Samsung and hard to penetrate for newcomers. The company also faces headwinds from the Trump administration's ongoing trade war with China, as well as political resistance to fellow Chinese tech companies like Huawei. And while TCL's partnership with Roku has been key to building its U.S. TV business, it has also forced the company to operate with razor-thin margins as Roku cashes in on a rapidly growing advertising business that's been a newfound source of revenue for other TV manufacturers.

TCL was founded as an audiotape manufacturer in China's Guangdong province in 1981. It has since become a growing force in the consumer electronics industry, manufacturing phones, TVs and appliances that are sold worldwide under a number of brands. In 2019, TCL sold 32 million TVs globally, it recently told investors. Across all of its businesses, TCL's 2018 revenue amounted to $16.3 billion, with a net profit of $586 million. Two-thirds of TCL's TV revenue already comes from overseas, and the company is looking to grow its international business even further. TCL is set to officially enter the U.S. smartphone market under its own brand in the second quarter of this year. After spending the last few years slapping licensed names like BlackBerry on phones it manufactures, the company previewed its first line of TCL-branded handsets at CES in January. It's expected to reveal official launch dates, specs and carrier partnerships at Mobile World Congress in Barcelona later this month.

The brand keeping BlackBerry phones alive across most of the globe, TCL Communications, plans to stop selling BlackBerry phones later this year. From a report: In a tweet this morning, TCL announced that it "will no longer be selling" BlackBerry-branded phones as of August 31st, 2020, because it will no longer have the rights to design and manufacture them. Existing devices will continue to be supported. BlackBerry decided in 2016 to stop making its own phones, after years of failures, and to license its brand out instead. The biggest licensing deal was with TCL, which since December 2016 has had the near-global rights to design and sell BlackBerry-branded phones. It's done a decent job of it, pairing classically BlackBerry-style designs with the functions of modern Android phones. None of the devices have been blockbuster hits, though, and recent devices have received poor reviews.

Delivery giant UPS has ordered 10,000 electrical trucks from Arrival, a technology company based in the UK. The two companies hope to deploy the trucks across Europe and North America over the next four years. Engadget reports: If everything goes well, UPS has the option to buy another 10,000 vehicles. For now, the trucks are still in a prototype phase. The current iteration is 2.7 meters tall and designed for "walk-in and walk-out" use, according to Patrick Bion, Arrival's chief of product. The final version should have a battery pack "around about 75KWh," he explained, and offer roughly 250 kilometers (155 miles) on a single charge. The vehicle will use CCS, a popular charging standard that cleverly combines the slower Type 2 port with two large DC pins for rapid charging. Arrival has also previously confirmed that its trucks will use BlackBerry QNX, an enterprise-focused operating system designed for cars, robots and medical equipment.

The trucks will utilize a "skateboard" underbelly that Arrival hopes will translate across to all of its future vehicles. According to Bion, this covers "everything below the floor," including the suspension, brakes and steering. The design is flexible enough, however, that changes can be made for different customers and vehicle types. "We have the ability to change the wheelbase," Bion explained, "to add front-wheel drive, rear-wheel drive and all-wheel drive. We can also change the battery pack capacity so that the customer, if they only need 150 kilometers (90 miles) per day, doesn't have to pay for a bigger battery that could theoretically do more." Arrival's first UPS trucks will be built in Banbury, Oxfordshire, where it currently runs a research and development facility. The majority of the 10,000 order will be built "local to where it's needed," though, according to Bion. UPS also announced a pilot project with Waymo, the Alphabet subsidiary and leading operator of self-driving vehicles. "UPS will use some of Waymo's self-driving Chrysler Pacifica minivans to shuttle packages between some of its stores in the Metro Phoenix area and its hub in Tempe, Arizona," reports The Verge. "The minivans won't be fully driverless; Waymo says it will keep trained safety drivers in the front seat to monitor operations."

An anonymous reader quotes a report from the BBC: Riding through a remote valley in Mongolia on the back of his motorbike, adventurer Jamie Clarke let the hum of the engine and the wind echo in his mind while his thoughts wandered. After several hours, he pulled over to shake off his helmet and take a look at the map. This was what he loved about adventuring -- the solitude, the landscape and the feeling of being in charge of your own destiny. But when his 18-year-old son pulled up right behind him on his own motorcycle, he had a different take on the long ride they had just finished. For him, being alone in his thoughts was novel and unsettling. "Oh my God, that was terrible! I can't be left with my brain like that!" But that was precisely why the two had decided to embark on this adventure together.

Mr Clarke, a lifelong skier, mountaineer and trekker, had felt like he was losing touch with his son Khobe, who was always on his phone at their home in Calgary, Alberta. He blames himself, partly. He has a smartphone just like everyone else, and he enjoyed playing games with his son on his Blackberry when he was small. [...] For a long time, he had dreamed of traveling across Mongolia on a bike. Now that his son was older, why not do it with him? About a year ago, he proposed it to Khobe. It wasn't an automatic hit. "I said no pretty quickly," Khobe says. "But it kind of turned into this fun idea it became such a thing of preparation that it was very exciting to go do it." Khobe got his motorcycle license and the two practiced longer trips. While his father has climbed Everest twice, Khobe had never climbed a mountain so he had to practice that, too. They left on July 28, and over the course of the next month travelled more than 2,200 kilometers (1,367 miles) across Mongolia by motorbike, horse and camel. "I think the whole time I was pretty consumed by missing my phone," Khobe says. "You realize how boring everything gets. When I'm bored I can just turn on YouTube or watch Netflix. What am I going to do, look at the stars and twiddle my thumbs?" But he also says getting to know his dad was worth it, especially the time they spent off the road in their tents or yurts just cooking and bonding. "I was surprised that when he's away from a work environment and family that he acts maybe closer my age," he says.

"It helped me see Khobe in a new way. I saw him as a kid who kept leaving his jacket on the table, not cleaning up the dishes," he says. "And I was able to see him step up to being a young man, and I was impressed by how well he was able to perform under pressure."

JustAnotherOldGuy quotes ZDNet: Two reports published in the last few months show that malware operators are experimenting with using WAV audio files to hide malicious code.

The first of these new malware campaigns abusing WAV files was reported back in June by Symantec security researchers who said they spotted a Russian cyber-espionage group known as Waterbug (or Turla) using WAV files to hide and transfer malicious code from their server to already-infected victims. The second malware campaign was spotted this month by BlackBerry Cylance. In a report published today and shared with ZDNet last week, Cylance said it saw something similar to what Symantec saw a few months before. But while the Symantec report described a nation-state cyber-espionage operation, Cylance said they saw the WAV steganography technique being abused in a run-of-the-mill crypto-mining malware operation.

A suspected Chinese advanced persistent threat (APT) group has been spotted attacking tech companies using a trojanized screen-reader application, replacing the built-in Narrator "Ease of Access" feature in Windows. Threatpost reports: The attackers also deploy a version of the open-source malware known as the PcShare backdoor to gain an initial foothold into victims' systems. Using the two tools, the adversaries are able to surreptitiously control Windows machines via remote desktop logon screens, without the need for credentials.

The attacks begin by delivering the PcShare backdoor to victims via spearphishing campaigns. It has been modified and designed to operate when side-loaded by a legitimate NVIDIA application. It is "specifically tailored to the needs of the campaign, with additional command-and-control (C2) encryption and proxy bypass functionality, and any unused functionality removed from the code," explained researchers with BlackBerry Cylance, in an analysis posted on Wednesday. The unused functionality includes audio/video streaming and keyboard monitoring, suggesting that it's strictly being used to install other malware.

The FBI tried to force the owner of an encrypted phone company to put a backdoor in his devices, Motherboard has learned. From the report: The company involved is Phantom Secure, a firm that sold privacy-focused BlackBerry phones and which ended up catering heavily to the criminal market, including members of the Sinaloa drug cartel, formerly run by JoaquÃn "El Chapo" Guzman. The news signals some of the tactics law enforcement may use as criminals continue to leverage encrypted communications for their own ends. It also comes as Canadian media reported that a former top official in the Royal Canadian Mounted Police (RCMP), who has been charged with leaking state secrets, offered to sell information to Vincent Ramos, Phantom's CEO.

"He was given the opportunity to do significantly less time if he identified users or built in/gave backdoor access," one source who knows Ramos personally and has spoken with him about the issue after his arrest told Motherboard. A backdoor is a general term for some form of technical measure that grants another party, in this case the FBI, surreptitious access to a computer system. What exactly the FBI was technically after is unclear, but the desire for a backdoor was likely to monitor Phantom's clients.

By taking strings from an online gaming program and appending them to malicious files, researchers were able to trick Cylance's AI-based antivirus engine into thinking programs like WannaCry and other malware are benign. From a report: AI has been touted by some in the security community as the silver bullet in malware detection. Its proponents say it's superior to traditional antivirus since it can catch new variants and never-before-seen malware -- think zero-day exploits -- that are the Achilles heel of antivirus. One of its biggest proponents is the security firm BlackBerry Cylance, which has staked its business model on the artificial intelligence engine in its endpoint PROTECT detection system, which the company says has the ability to detect new malicious files two years before their authors even create them. But researchers in Australia say they've found a way to subvert the machine-learning algorithm in PROTECT and cause it to falsely tag already known malware as "goodware." The method doesn't involve altering the malicious code, as hackers generally do to evade detection. Instead, the researchers developed a "global bypass" method that works with almost any malware to fool the Cylance engine. It involves simply taking strings from a non-malicious file and appending them to a malicious one, tricking the system into thinking the malicious file is benign.

The benign strings they used came from an online gaming program, which they have declined to name publicly so that Cylance will have a chance to fix the problem before hackers exploit it. "As far as I know, this is a world-first, proven global attack on the ML [machine learning] mechanism of a security company," says Adi Ashkenazy, CEO of the Sydney-based company Skylight Cyber, who conducted the research with CTO Shahar Zini. "After around four years of super hype [about AI], I think this is a humbling example of how the approach provides a new attack surface that was not possible with legacy [antivirus software]."

Today, Emtek pulls the plug on BlackBerry Messenger. From a report: The company announced last month that it would shut down the consumer service, which has been steadily losing users and failing to attract new ones. As a consolation for diehard fans, BlackBerry opened BBM Enterprise, its enterprise-grade encrypted Messenger (BBMe), for personal use. That's available on Android, iOS, Windows and Mac. Three years ago, the company set out to reinvigorate BBM consumer service, but those efforts fell flat. "We poured our hearts into making this a reality, and we are proud of what we have built to date," BlackBerry wrote on its blog. "The technology industry however, is very fluid, and in spite of our substantial efforts, users have moved on to other platforms, while new users proved difficult to sign on."

The consumer version of Blackberry Messenger is shutting down May 31. CNET reports: Emtek, the company BlackBerry partnered with in 2016 to run the consumer version of the messaging app, said in a blog post Thursday that the technology industry is "very fluid" and despite "substantial efforts," users have moved on to other platforms. "We poured our hearts into making this a reality, and we are proud of what we have built to date," Emtek said.

Mark Wilson, BlackBerry's chief marketing officer, said that though the company is disappointed, BBM users won't be without a secure messaging platform. They can now go to the Google Play store to download BBMe, the enterprise version of the app that BlackBerry continues to run. The app will be free the first year. Then a 6-month subscription will cost $2.49. BlackBerry is working on an iOS app.

BlackBerry has set its sights on Twitter in a new patent infringement lawsuit, accusing the social media company of illegally using technology in its mobile messaging apps that had been developed by the former smartphone maker. Reuters reports: The lawsuit said Twitter wrongly sought to compensate for being a "relative latecomer" to mobile messaging by co-opting Blackberry's inventions for such services as the main Twitter application and Twitter Ads, infringing six of the company's patents. Twitter "succeeded in diverting consumers away from BlackBerry's products and services" and toward its own by misappropriating features that made BlackBerry "a critical and commercial success in the first place," the complaint said.

The lawsuit resembles patent infringement cases that BlackBerry filed there last March and April against Facebook and Snap. Last August, U.S. District Judge George Wu allowed BlackBerry to pursue most of its infringement claims in those lawsuits, which according to court records remain pending. Wu may be assigned the case against San Francisco-based Twitter because federal courts often assign cases deemed "related" to a single judge. The Facebook and Snap lawsuits were deemed related.