Apple has released an urgent update for its iPhone, Mac and other products. The company said that the security update fixes three security flaws. As such, users have been urged to install the update as soon as possible, which can be done through the Settings app. All of the three bugs have already been exploited in the wild, Apple said, though it gave no information about how widely they have been used, or against whom. The three bugs meant that attackers would be able to make their way through different parts of the operating system to potentially steal information and take control of devices. It is just the latest in a run of major security issues that have forced Apple to push out updates this year. Earlier this month, Apple was required to fix a powerful security hole that researchers said had already been exploited by attackers using the “Pegasus” spying software. New updates are available for the iPhone, iPad, Mac and Apple Watch. They can be installed through their respective settings apps by clicking the “General” option and then software update, and the devices may prompt their owners to install them. The update came just three days after the release of iOS 17, Apple’s major update for the iPhone. And was released hours before the new iPhone 15 went on sale. As well as the security problems, the updates bring fix other bugs, Apple said. All three of the new bugs were found by Bill Marczak of The Citizen Lab at The University of Toronto’s Munk School and Maddie Stone of Google’s Threat Analysis Group, Apple said. Researchers at The Citizen Lab were also responsible for finding similar issues earlier this month. Read More iPhone 15 goes on sale – but you might struggle to actually get one iPhone 15: Apple workers strike in France ahead of biggest launch of the year Apple releases major update for iPhone, iPad, Apple TV and more

TL;DR: As of July 10, get a refurbished Apple MacBook Air for only $345.99 —

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Consumer cryptocurrency trading should be regulated as gambling, the treasury committee has urged. In a new report, the committee called for consumer trading in unbacked crypto assets to be treated in regulation as gambling. The cross-party committee of MPs said cryptocurrencies such as Bitcoin are being used by criminals in scams and money laundering. Unbacked crypto assets – often called cryptocurrencies – are not supported by underlying assets, the committee added. They pose significant risks to consumers, given their price volatility and the risk of losses, according to the MPs, who said retail trading in unbacked crypto more closely resembles gambling than a financial service and should be regulated as such. The report said: “We strongly recommend that the government regulates retail trading and investment activity in unbacked crypto assets as gambling rather than as a financial service, consistent with its stated principle of ‘same risk, same regulatory outcome’.” The committee pointed to HM Revenue and Customs (HMRC) figures indicating that around 10 per cent of UK adults hold or have held crypto assets. The MPs also said potential productive innovation in financial services should not be unduly constrained. They said technologies underlying crypto assets may bring some benefits to financial services, particularly for cross-border transactions and payments in less developed countries. A balanced approach should be taken to supporting the development of crypto asset technologies, while avoiding spending public resources on projects without a clear, beneficial use, the MPs said. Harriett Baldwin, chair of the treasury committee, said: “The events of 2022 have highlighted the risks posed to consumers by the crypto asset industry, large parts of which remain a wild west. “Effective regulation is clearly needed to protect consumers from harm, as well as to support productive innovation in the UK’s financial services industry. “However, with no intrinsic value, huge price volatility and no discernible social good, consumer trading of cryptocurrencies like Bitcoin more closely resembles gambling than a financial service, and should be regulated as such. “By betting on these unbacked ‘tokens’, consumers should be aware that all their money could be lost.” The committee is considering central bank digital currencies as a separate piece of work. A treasury spokesperson said: “Risks posed by crypto are typical of those that exist in traditional financial services and it’s financial services regulation – rather than gambling regulation – that has the track record in mitigating them. “Crypto offers opportunities but we are taking an agile approach to robustly regulating the market, addressing the most pressing risks first in a way that promotes innovation.” Read More Crypto rules get final approval to make Europe a global leader on regulation Is my money safe? What you need to know about bank failures Nearly 80% of APP scam cases start online, says UK Finance Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live

Someone could soon be at risk of dying or being injured by a falling satellite every other year, according to a new report. By 2035, if SpaceX’s Starlink space internet satellites continue to grow in number, then they some 28,000 pieces of them will be falling from the sky each year, according to a report from the Federal Aviation Authority. The chance of one surviving its fall to the ground and injuring or killing someone would be 0.6 per year, it said – which would make it likely to happen once every two years. They could even pose a risk to aircraft, it said. The probability of an aircraft being downed by a satellite would be 0.0007 per year by 2035, the report claimed. The report was commissioned amid increasing concern about falling space debris, and the vast collection of material that has been put into space in recent years. Companies such as SpaceX are launching more and more satellites each years, and experts have warned that there is a danger of collisions both in space as well as on the ground. The new report aimed to evaluate the risk posed by that falling space debris. It also suggests that some of the danger could be limited with more regulation. But it notes that the FAA does not have any power over launches that happen outside of the US. As with many of the problems in space, the world currently lacks an international approach to space debris, new satellites and the dangers that those objects might pose. The report primarily looked at the constellation of satellites that have been launched and are planned by SpaceX, for instance. The company has launched 5,000 such satellites already, and plans to increase that dramatically, and SpaceX represents over 85 per cent of the risk posed to people on the ground, the FAA’s report said. But it did not look at other networks of satellites planned in other countries. Recent reports have suggested that China is planning its own huge constellation of satellites that will also offer their own space internet, named Guowang, for example. SpaceX has said that the analysis used to calculate the number is “deeply flawed” and based on false assumptions about the danger posed by its satellites. The company’s satellites are more likely to burn up on entry than the report assumed, the company’s principal engineer David Goldstein wrote in a letter to the FAA, according to a report from Space News. Read More PlayStation announces brand new version of the PS5 ChatGPT founder says bitcoin is ‘super logical’ next step for tech Google to trial AI in UK traffic light systems to reduce stop-and-go emissions

US intelligence officials renewed warnings for American companies doing business in China, citing an update to a counterespionage

BELLINGHAM, Wash.--(BUSINESS WIRE)--Sep 12, 2023--