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Home » Security News This Week: Apple Is Coming for Your Password Manager
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Security News This Week: Apple Is Coming for Your Password Manager

News RoomBy News Room8 June 20243 Mins Read
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That’s not all. Each week, we round up the security and privacy news we didn’t cover in depth ourselves. Click the headlines to read the full stories. And stay safe out there.

At Apple’s Worldwide Developer Conference next week, the company will reportedly announce its own stand-alone password manager that will compete with apps like 1Password and LastPass. Dubbed simply Passwords, according to Bloomberg News, the app will reportedly have features that go well beyond the iCloud or Mac Keychain tools Apple already offers, allowing users to save passwords for Wi-Fi networks, store passkeys, and organize login credentials into categories. Passwords will also reportedly work on Windows machines, but it’s unclear whether people who use Android devices can get in on the security tool.

US prosecutors on Monday charged an executive at The Epoch Times newspaper with carrying out a massive money-laundering scheme. According to the US Department of Justice, Epoch Times chief financial officer Weidong “Bill” Guan engaged in “a transnational scheme to launder at least approximately $67 million of illegally obtained funds to benefit himself and the media company.”

The scheme, according to the indictment against Guan, largely involved using cryptocurrency to purchase prepaid debit cards “loaded with US dollars that had been obtained through various frauds”—including funds obtained through unemployment benefits fraud—for less than the funds on the prepaid debit cards. The purchase of the cards was carried out by members of The Epoch Times’ “Make Money Online” team, which Guan managed, according to the DOJ. The so-called MMO team would allegedly then use “stolen personal identification information” to open various accounts, which were used to transfer money from the prepaid debit cards to bank accounts associated with The Epoch Times and its employees. Guan faces one count of conspiring to commit money laundering, two counts of bank fraud, and could face decades in prison if convicted.

Google’s former CEO, billionaire Eric Schmidt, is quietly building a military drone company, reports Forbes. The company, called White Stork, has been testing devices at both its Hillspire office complex in Menlo Park, California, and in Ukraine. Relatively little has been publicly revealed about the company or the specifics of its technology. According to Forbes, however, “individuals flying small drones” have been spotted near the Hillspire property, and Schmidt has reportedly hired alumni from Google, SpaceX, and Apple to carry out his secretive project, providing some clues about its ambitions.

A cyberattack against an organization that facilitates blood transfusions and other sensitive medical care disrupted hospitals and other health care entities across London this week. The attack targeted Synnovis, which manages a partnership between King’s College Hospitals trust and Guy’s and St Thomas’ hospital trust, and Synlab, a European medical testing firm. In a statement published on Tuesday, Synnovis said the attack “has affected all Synnovis IT systems, resulting in interruptions to many of our pathology services.” This forced hospitals to cancel surgeries involving blood transfusions and other procedures. Ciaran Martin, a former top UK cybersecurity official, blamed the attack on Qilin, a cybercriminal gang believed to have ties to Russia.

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