Brazil undertakes massive tech-enabled financial inclusion exercise with “coronavoucher”

As the Covid-19 outbreak evolves in Brazil, the government is undertaking the largest and fastest financial inclusion exercise enabled by technology in the country – and potentially the world, given its scale.

Through state-owned bank Caixa Econômica Federal (CEF), Brazil started an emergency aid program aimed at 54 million financially vulnerable citizens, who will be paid 600 reais ($117) monthly until June. This includes millions of previously unbanked citizens, who are being provided with a mobile-based savings account.

By yesterday (8), 24 hours after the emergency aid registration website and app went live, CEF had processed applications from over 25,1 million Brazilians. Of that total, 39,3% chose to open the digital account offered by the bank to receive the monthly payments.

It is estimated that 45 million adults in Brazil don’t have access to a bank account – and many are expected to receive the emergency assistance, dubbed “coronavoucher”, from

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LG teases design rendering of next flagship smartphone

LG’s new flagship phone will bear a new name and sport a completely overhauled look. 

Image: LG

LG Electronics unveiled the design rendering of its upcoming flagship smartphone on Thursday, with the device expected to be launched in South Korea next month.

The new model has what LG calls a “falling raindrops” design, where its three rear cameras and LED flash are placed in descending order by size.

The main camera will sit above the surface while the remaining two cameras will be under the coverglass to avoid the camera bumps, LG said.

The sides of the phone will be symmetrically curved, the company added.

LG has yet to announce the official specifications of the new handset, but previously said it would be a “mass premium” model, hinting at the device being launched at a more affordable price range compared to other vendors’ flagship smartphones.

The new smartphone will also

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12 years on, audit finds WA government entities still don’t get infosec

Western Australia’s auditor-general has once again called out state agencies for not taking IT risks seriously, acknowledging that while they are getting better, there are still many entities that failed to meet the benchmark for minimum practice.

The report [PDF] presents the results of the general computer control (GCC) audits and capability assessments, with the objective being to determine whether computer controls effectively support the confidentiality, integrity, and availability of information systems.

Focusing on information security, business continuity, management of IT risks, IT operations, change control, and physical security, the audit found 15 entities met the benchmark, compared to 13 in 2018.

In 2019, the audit found a total of 522 GCC issues from 50 state government entities.

“This was a slight reduction from the 547 issues reported at 47 entities in 2018. However, entities are not addressing audit findings quickly, with 45% of the findings reported in 2019 relating

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Foursquare and Factual join forces to become a location data giant

Image: Foursquare

Foursquare and Factual have joined forces with the aim to become a location-based data giant.

Foursquare CEO David Shim boasted that by combining the two companies, “Foursquare is now the undisputed independent leader in location technology and data”.

“Individually, we’ve each built strong, successful companies that have made significant impacts on the industry,” he said in a blog post.

“Together, we’ll drive new, market-leading innovation to enable organizations around the world to further tap into the power of location, while continuing to serve as outspoken leaders calling for the responsible collection and use of data.”

As part of the merger, Factual founder Gil Elbaz will join Foursquare co-founder Dennis Crowley on the executive team and board.

Shim will remain in his position as CEO. Shim was appointed to the CEO role at the end of last year after joining Foursquare in June as president.

This latest merger

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Daytime NBN speeds are as good or bad as usual: ACCC

An NBN FttN node getting a Nokia line card installed

Image: Corinne Reichert/ZDNet

Although the amount of data going through NBN’s network has increased by 70% during the day and is still sitting below the pre-coronavirus 9 pm peak, the Australian Competition and Consumer Commission (ACCC) has said speeds on the network have remained where they were before the pandemic.

ACCC chair Rod Sims said data from its Measuring Broadband Australia test units showed speeds on last Wednesday were “as good as we saw on an equivalent Wednesday in February, with performance above 80% of maximum plan speeds”, in a speech delivered on Monday.

“This is not to say that there will not be pain points for individual consumers who were previously having problems, such as some FTTN and fixed wireless customers. And some will need assistance in remotely accessing their work systems or coming to grips with new

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Docker servers targeted by new Kinsing malware campaign

Image: Aqua

For the past few months, a malware operation has been scanning the internet for Docker servers running API ports exposed on the internet without a password. Hackers are then breaking into unprotected hosts and installing a new crypto-mining malware strain named Kinsing.

Attacks began last year and are still ongoing, according to cloud security firm Aqua Security, which detailed the campaign in a blog post on Friday.

These attacks are just the last in a long list of malware campaigns that have targeted Docker instances — systems that, when compromised, provide hacker groups with unfettered access to vast computational resources.

According to Gal Singer, a security researcher at Aqua, once the hackers find a Docker instance with an exposed API port, they use the access provided by this port to spin up an Ubuntu container, where they download and install the Kinsing malware.

The malware’s primary purpose

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