Writers Seek to Form National Identity Through Literature for Guinea-Bissau

The Guinea-Bissau Writers Association gathers dozens of people from different backgrounds who share the same goal: to improve the literature of a small West African country with one of the world’s lowest literacy rates.

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‘Doctor Who’ Gets a New Star

For millions of Britons, a traditional Christmas Day includes turkey, Brussels sprouts, Christmas pudding, and a special seasonal episode of “Doctor Who.” 

The global success of the venerable sci-fi series means that fans around the world will also tune in Monday to watch Peter Capaldi’s final adventure as the space-hopping Time Lord known as the Doctor. (Americans can see it on BBC America at 9 p.m. Eastern). 

The show has had a dozen Doctors over its 54-year history, and this is one of those bittersweet moments when one lead actor hands over to another. At episode’s end, viewers will see Capaldi transform, through a Time Lord process known as regeneration, into Jodie Whittaker, the first woman to play the part.

First, adventure

Before that comes a rollicking and poignant adventure that moves from the World War I trenches to the South Pole, features mysterious creatures made of glass and (of course) involves a jaunt in the Tardis, a time-and-space machine shaped like an old-fashioned British police phone box. 

 

The episode loops back into the show’s own history, featuring an appearance by the very first Doctor, a white-haired gent who appeared on TV screens in 1963. He was played by William Hartnell, who died in 1975; David Bradley fills the role here. 

 

Mark Gatiss, a regular writer for the show who guest stars in the episode as a British Army officer marooned in time, said there was “a valedictory feel” on the set of the finale.

 

“The sense of eras ending all over the place was very profound but at the same time it was actually a very happy experience,” Gatiss told The Associated Press in an interview.

 

Gatiss has loved “Doctor Who” since childhood and has written for it since 2005.​

BBC hit

He’s better placed than almost anyone to explain the enduring allure of a show that survived early years of wobbly production values and a 16-year absence from screens between 1989 and 2005 to become a childhood touchstone, an emblem of British culture, and a money-making export for the BBC.

 

Partly, he says, it’s due to the Doctor, an eccentric and “slightly off-kilter” hero. Partly it’s “the randomness of the adventures,” which have sent the Doctor to ancient Rome and the Stone Age, distant galaxies and the end of time. 

 

And partly it’s the show’s “slightly ramshackle Britishness, in the very idea of an amazing space-time machine which looks like a beaten up old box.”

“And somewhere deep down in its absolute essentials, something genuinely magical,” he added.

 

World-view changing

The episode is also the swansong of Steven Moffat, who has been the show’s executive producer and chief writer since 2009. 

 

Moffat, who also co-created detective series “Sherlock” with Gatiss, has no doubt about the show’s place in television history. He told audience members at a recent preview screening that “Doctor Who” is “the greatest television show ever made.” 

 

“People change their view of the world and what they are capable of because of a silly show about a man who travels around in time and space in a police box,” Moffat said.

 

“Count the scientists, the musicians, the scholars, the writers, the directors, the actors, who became what they are because of this show. Count, as you might say, the hearts that beat a little faster because of ‘Doctor Who.’ I don’t even know what is in second place, but without doubt and by that most important measure ‘Doctor Who’ is the greatest television series ever made.”

 

​New Doctor, new mood

“Doctor Who” fans have become accustomed to changes of actor, and the shifts in mood that go with each new Doctor. The announcement that Whittaker (best known from detective series “Broadchurch”) would be the next occupant of the Tardis was front-page news in Britain. Many fans were delighted, though some grumbled at the idea of a Time Lady.

 

Gatiss, currently working with Moffat on a new adaptation of “Dracula,” thinks the naysayers come mostly from that never-satisfied subset of fans “who will definitely watch it 28 times just to make sure they hate it.”

 

“This is a series about an alien with two hearts who lives in a transcendental phone box, and yet somehow can’t change sex?” he said. “That is not an argument for 2017.”

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Bitcoin’s Roller-coaster Ride May Get Wilder

What’s a bitcoin worth? Lately nobody knows for sure, but after a wild ride Friday, it’s worth a good deal less than it was Thursday.

After losses over the last few days, the digital currency fell as much as 30 percent overnight in Asia, and the action became so frenzied that the website Coinbase suspended trading. It later made up much of that ground, and slumped 9.5 percent to $14,042 Friday, according to the tracking site CoinDesk.

Experts are warning that bitcoin is a bubble about to burst, but things might get crazier before it does: A lot of people have heard of bitcoin by now, but very few people own it.

“Bubbles burst when the last buyers are in,” said Brett Ewing, chief market strategist for First Franklin. “Who are the last buyers? The general public, unfortunately.”

1,000 people own 40 percent

Ewing said 40 percent of bitcoin belongs to just 1,000 people, and hedge funds and other major investors are going to start buying it soon. But those funds may buy bitcoin and also protect themselves by placing bets that it will fall. Retail investors may just buy it only to see it fall.

“I think investors should approach it with caution and I think many people will dive into it not understanding what it is,” he said.

As bitcoin skyrocketed this month, the volume of trading was unprecedented as investors hoping to catch a ride up piled in. Prices have risen so fast, the fall on Friday returned the price of bitcoin only to where it was trading two weeks ago.

From tea to blockchain overnight

The volatility has created a circuslike atmosphere. Some companies that have added the word “bitcoin” or related terms to their names to get in on the action. The craziest thing is, it’s worked.

Long Island Iced Tea Corp. until this week had been known for its peach-, raspberry-, guava-, lemon- and mango-flavored drinks. Then, on Thursday, the company announced a radical rebranding. It’s changing its name to Long Blockchain Corp., shifting its primary focus from iced tea to “the exploration of and investment in opportunities that leverage the benefits of blockchain technology.”

Blockchain is a ledger where transactions of digital currencies, like bitcoin, are recorded.

Shares in Long Island Iced Tea soared 200 percent in one day.

The Hicksville, New York, company did what investors are doing, hitching a ride on a currency that raced from less than $10,000 at the end of November to almost $20,000 on Sunday. And it cost less than $1,000 at the beginning of the year.

Crash every three months

The rise of price of bitcoin, which is still difficult to use if you actually want to buy something, has led to heated speculation about when the bubble might burst.

The currency has been, if nothing else, highly elastic, bouncing back every time it crashes, which occurs about once every quarter.

It fell 11.5 percent over two days in early December and 21.5 percent over five days in November.

Curiosity has now driven bitcoin to the futures market, where investors bet on which direction it will go.

Bitcoin futures started trading on two major exchanges, the Cboe and CME, this month. Those futures fell about 8 percent Friday.

Investor beware

If people get burned, it won’t be because they were not warned.

The Securities and Exchange Commission put out a statement last week warning investors to be careful with bitcoin and other digital currencies. The Commodities Futures Trading Commission has proposed regulating bitcoin like a commodity, similar to gold or oil.

Financial Industry Regulatory Authority, a financial watchdog, issued a similar warning recently.

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Rocket’s Arc Across California Sky Stops Traffic

A reused SpaceX rocket carried 10 satellites into orbit from California on Friday, leaving behind a trail of mystery and wonder as it soared into space.

The Falcon 9 booster lifted off from coastal Vandenberg Air Force Base, carrying the latest batch of satellites for Iridium Communications.

The launch in the setting sun created a shining, billowing streak that was widely seen throughout Southern California and as far away as Phoenix.

Calls came in to TV stations as far afield as San Diego, more than 200 miles south of the launch site.

Cars stopped on freeways in Los Angeles so drivers and passengers could take pictures and video.

The Los Angeles Fire Department issued an advisory that the “mysterious light in the sky” was from the rocket launch.

Jimmy Golen, a sports writer for The Associated Press in Boston who was in Southern California for the holidays, said he and other tourists saw the long, glowing contrail while touring Warner Bros. studio in the Los Angeles suburb of Burbank.

“People were wondering if it had something to do with movies, or TV or a UFO,” he said. “It was very cool.”

The same rocket carried Iridium satellites into orbit in June. That time, the first stage landed on a floating platform in the Pacific Ocean. This time, the rocket was allowed to plunge into the sea.

It was the 18th and final launch of 2017 for SpaceX, which has contracted to replace Iridium’s system with 75 updated satellites. SpaceX has made four launches and expects to make several more to complete the job by mid-2018.

The satellites also carry payloads for global real-time aircraft tracking and a ship-tracking service.

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Bell Ringers Collect Money for the Needy at Christmas

The sounds of the holidays have a familiar ring in cities across the United States, and in cities in South Korea, Japan, Chile and many European countries. In November and December, bell ringers stand next to Red Kettles belonging to the Protestant Salvation Army organization. VOA’s Deborah Block takes us to Alexandria, Virginia, outside Washington, where bell ringers were collecting donations that will be put into local communities to help the needy.

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Spain’s Christmas Lottery Awards $2.8 Billion 

Mention “the fat one” in the United States in December, and someone might think you were referring cheekily to Santa Claus. But say it in Spain, and it’s a reference to the world’s richest lottery prize.

Spanish schoolchildren drew this year’s numbers for the Spanish Christmas Lottery on Friday, for a prize worth a total of $2.8 billion.

But not all the bounty goes to one winner. Multiple buyers can choose the same numbers, meaning the prize is divided among its multiple winners. Smaller prizes are also available in the lottery, which dates back to 1812. In all, thousands of prizes are awarded.

Holders of this year’s lucky number, 71198, are still coming forward. One town, the Costa del Sol capital of Malaga, has been reported to have racked up a total of nearly $152 million in prize money among 32 tickets.

At 200 euros each full lottery tickets are not cheap — but they can be subdivided into tenths, known as decimos, which sell for a more affordable 20 euros each. That makes playing the lottery a group activity.

After weeks of ticket sales, the winning numbers are read out by schoolchildren in a nationally televised broadcast from Madrid’s Teatro Real opera house. Watching the broadcast with family and friends is a Spanish holiday tradition. 

Spain began a national lottery in 1763 as a fundraiser for charity, but the Spanish Christmas Lottery that continues today began in 1812 and benefits the Spanish government and the merchants who sell the tickets, who make a 4 percent commission on each ticket sold.

Luckily for the losers, the Spanish Christmas Lottery is not the only one of the year. Those who failed to make their fortune in the Dec. 22 contest have another chance coming up: the El Nino drawing, held before the Feast of the Epiphany on Jan. 6.

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Researchers Date Parts of Jesus’ Tomb to Time of Constantine

Over the next month, Christians of all kinds will celebrate the birth of Jesus. The world has been wondering about the reality of his existence, his life, death, and the question of his divinity for thousands of years. But the place considered to be his tomb has been dated to the time he is believed to have walked the earth. VOA’s Kevin Enochs reports.

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US Jury Convicts Two at FIFA Trial

A U.S. jury has convicted two former soccer officials from South America on charges of corruption, the first trial verdicts in a U.S. investigation into world soccer’s governing body, FIFA. 

The federal jury in New York deliberated for a week before Friday’s verdict and will continue deliberations next week for a third soccer official. 

The jurors convicted Jose Maria Marin, former head of Brazil’s soccer confederation, and Juan Angel Napout, former head of Paraguayan soccer, of racketeering conspiracy, the top charge against the men. Marin was convicted on six of seven counts and Napout on three out of five.

Deliberations in the case of the former president of Peru’s soccer federation, Manuel Burga, who faces one count of racketeering conspiracy, will continue.

The three soccer officials were arrested in 2015, accused of agreeing to take millions of dollars in bribes to bestow television and marketing rights to soccer matches.

U.S. prosecutors have indicted 42 officials and marketing executives as part of the investigation that shook up FIFA. At least 24 people have pleaded guilty.

The U.S. government’s main witness, a former marketing executive from Argentina, Alejandro Burzaco, testified that he and his company arranged to pay $160 million in bribes over the course of several years.

The defense argued that the former soccer officials had been framed by Burzaco and other witnesses who were trying to get leniency in their own cases.

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Lawsuit: Apple Slowed iPhones, Forcing Owners to Buy New Ones

IPhone owners from several states sued Apple Inc. for not disclosing sooner that it issued software updates deliberately slowing older-model phones so aging batteries lasted longer, saying Apple’s silence led them to wrongly conclude that their only option was to buy newer, pricier iPhones.

The allegations were in a lawsuit filed Thursday in Chicago federal court on behalf of five iPhone owners from Illinois, Ohio, Indiana and North Carolina, all of whom say they never would have bought new iPhones had Apple told them that simply replacing the batteries would have sped up their old ones. The suit alleges Apple violated consumer fraud laws.

A similar lawsuit was filed Thursday in Los Angeles. Both suits came a day after Apple confirmed what high-tech sleuths outside the company already observed: The company had deployed software to slow some phones. Apple said it was intended as a fix to deal with degraded lithium-ion batteries that could otherwise suddenly die.

“Our goal is to deliver the best experience for customers, which includes overall performance and prolonging the life of their devices,” an Apple statement said. It said it released the fix for iPhone 6, iPhone 6s and iPhone SE and later extended it to iPhone 7. Apple didn’t respond to a message Friday seeking comment.

The Chicago lawsuit suggests Apple’s motive may have been sinister, though it offers no evidence in the filing.

“Apple’s decision to purposefully … throttle down these devices,” it says, “was undertaken to fraudulently induce consumers to purchase the latest” iPhone.

Plaintiff Kirk Pedelty, of North Carolina, contacted Apple as his frustration grew. However, the lawsuit says: “Nobody from Apple customer support suggested that he replace his battery to improve the performance of his iPhone. … Frustrated by slowdowns and intermittent shutdowns of his iPhone 7, Pedelty purchased an iPhone 8.”

The lawsuit seeks class-action status to represent thousands of iPhone owners nationwide.

Creative Strategies analyst Carolina Milanesi said she believes the tech giant was seeking to help consumers extend the lives of the older phones — though it would have been better to disclose what it was doing and why right away.

“Even if you are trying to do something good for your customers, it is going to be perceived as you are sneaking around behind their backs if you don’t tell them about it first,” she said.

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What Makes a Christmas Movie Classic? 

Every year around the holidays, there is a spike in the viewership of Christmas movie classics. According to the American Film Institute, Frank Capra’s 1947 heartwarming drama It’s A Wonderful Life tops the list of all-time Christmas favorites. 

The story centers on George Bailey, a generous man driven to bankruptcy. When George, played by Jimmy Stewart, wishes he’d never been born, an angel named Clarence comes to Earth and fulfills his wish. Suddenly George is able to view how life in his hometown of Bedford Falls would have been if he had never existed.

His wife, played by Donna Reed, is a single, lonely woman. His mother has been made bitter by the loss of her only son, Harry, who drowned as a child because George was not there to save him. The town, once peaceful and flourishing, now seedy and sad, is ruled by a ruthless businessman.

When George realizes how precious life is, he recants his wish and Clarence returns him back to life, where friends and family pull together and bail him out.

When the film was first released, it did not do well in the theaters, said Todd Hitchcock, director of programming and associate director at AFI Silver Theatre and Cultural Center in Silver Spring, Maryland. But it saw a revival through yearly television broadcasts during an era where there were only three TV networks and about 30 million people were tuning in.

“By the time that my generation comes around in the ’70s and ’80s, it’s grown year by year into this institution, this traditional screening that you watch at least once in the lead-up to Christmas with your family, and now it’s just taken for granted that it’s this established Christmas classic,” he said.

A Christmas message from Santa

Nostalgia and tradition are important factors in the making of a classic, but so is the message of a film. An example is Miracle on 34th Street, by George Seaton.

In this favorite, also from 1947, a man who goes by the name Kris Kringle, played by Edmund Gwenn, takes a job as a department store Santa in New York City. He tries to remind the store’s events director, a single mother played by Maureen O’ Hara, that Christmas is more than just gifts and spending. It’s a frame of mind. 

The stress from Christmas commercialization is also the theme of animated holiday films produced for TV in the 1960s, such as A Charlie Brown Christmas; The Grinch that Stole Christmas, based on the Dr. Seuss book; and Rudolph, the Red-Nosed Reindeer. These productions became so popular, they launched franchises of further installments. Eventually, Hitchcock said, they joined the pantheon of Christmas classics.

“Number one, they are really good. Number two, repetition, repetition, repetition. They did well the first year, so they bring it back the next year,” he said. “The viewership is huge and it remains consistent year to year. One generation grows up on it, they have children, the next generation grows up on it.” 

In 1983, another classic was born. Set in the 1940s, Bob Clark’s comedy A Christmas Story focuses on young Ralphie, who tries to convince his parents, and Santa, that a Red Ryder BB gun really is the perfect Christmas gift. 

“That film directly engages with nostalgia and gently tweaks it,” said Hitchcock. “There is a lot of ’80s comedy sensibility woven into it that looks at this sepia-tone, ’40s-’50s growing-up period. And it works fantastically well with A Christmas Story, and as you know, it has become just as much of an institution.” 

Not just carols and lights

Throughout the years, more film genres have been incorporated into the Christmas favorites list, such as horror and action films. Hitchcock offers the 1988 action flick Die Hard as an example. He said the film was a success because it was well done, and because of its Christmas scenes, many viewers connected it with the Christmas season, though it was not made exclusively for the holiday.

“So I think a great definition about a Christmas classic is the film I like to watch on Christmas, whether or not it is explicitly a Christmas film,” he said.

As TV and online broadcast platforms multiply, so does competition for viewership, making it difficult for many of these films, especially the oldies, to reach the wide audiences they could boast of in the past. Hitchcock said curating these films in art theaters such as AFI Silver is one of the ways to safeguard their staying power, starting with It’s A Wonderful Life. 

“For many people, seeing it on the big screen is a novelty because they grew up with it as a television thing,” he said. “And they are surprised how much more impactful it is when they come to see it in the theater on the big screen, and they cry. Some people know they are going to cry. Some people are surprised when they cry. It’s that kind of movie.” 

It’s a Christmas classic.

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Hard-line Islamist Group in Indonesia to Boycott Facebook

Indonesia’s foremost hard-line Islamist group, the Islamic Defenders Front (FPI), has announced a Christmas Day boycott of Facebook and the Whatsapp instant messaging service, as well as a live protest at Facebook’s Indonesia office in the near future.

They say Facebook — like other major social media outlets such as Twitter and Instagram — has blocked several FPI accounts, and that Facebook allows pro-LGBT and anti-Sharia pages to stay on its site. The group also plans to protest at Indonesia’s Ministry of Communications and Information in the new year.

While the boycott is unlikely to make a major impact on Facebook, it underscores that FPI’s official accounts are blocked on many major platforms, leading some to speculate the move was at the national government’s request.

That’s unlikely, said Ross Tapsell, who researches media in Southeast Asia at Australian National University.

“There is a misperception, both within FPI and outside of it, that the Indonesian government calls up social media companies like Facebook and Twitter and asks for certain pages to be taken down and these companies simply comply,” he said. “That isn’t how this works. Social media companies have their own codes of conduct and it is through fairly extensive and rigorous internal debates that these decisions are ultimately made.”

He suggested that Facebook likely shut down FPI’s pages, which have in the past engaged in hate speech and advocated for violence, for violating its terms and policies.

This is an ambiguous moment for the FPI, which has risen rapidly from a fringe group, founded in 1999 after the fall of Suharto, to a mainstream organization that swayed the Jakarta gubernatorial election.

In late 2016, the FPI organized mass protests in Jakarta against its Chinese Christian governor, Basuki Tjahaja Purnama, for allegedly insulting the Quran. The eventually triumphant candidate, Governor Anies Baswedan, openly allied with the FPI during his campaign.

Crackdown on Islamist groups

“On the issue of internal regulation, Twitter and Facebook have involved many social organizations from Indonesia to become their trusted flaggers [of problematic content], not only the government,” said Damar Juniarto, a coordinator of the Southeast Asia Freedom of Expression Network. He suggested the decision to block FPI happened after numerous complaints from different sources.

“Various FPI members have posted videos of violence, bullying and harassing people who criticized them or their leader in 2017, and these videos would have been given as evidence for the need to ban them on Facebook,” Tapsell said.

In June, a Chinese-Indian teenager in Jakarta was physically abused by FPI members for posting memes about its leader.

Facebook and Twitter could not be immediately reached for comment.

Beyond social media, other Indonesian hard-liners have been the target of crackdowns this year. In July, the government banned the international Islamist organization Hizbut Tahrir because it threatened the nation’s pluralist state ideology, known as Pancasila. Hizbut Tahrir advocates for a global Islamic caliphate.

​Vague leadership

Today, FPI’s leader, Habib Rizieq Shihab, is a fugitive in Saudi Arabia; he was charged shortly after the Jakarta election under the nation’s pornography law for allegedly texting explicit photos with a woman who is not his wife. It is a far cry from late 2016, when he enthralled hundreds of thousands of Muslims who brought Jakarta to a grinding halt to attend the “peaceful actions” that Rizieq and FPI organized against the governor.

FPI also has had trouble expanding its brand beyond Java, like in West Kalimantan province in Borneo, where the group failed to hold a similar rally last summer.

Support for FPI increased from 15.6 percent to 23.6 percent between June 2016 and August 2017, according to a recent report from researchers Marcus Mietzner, Burhanuddin Muhtadi and Rizka Halida.

As the year draws to a close, FPI’s agenda is once more trained on local and domestic actions, where it started as Indonesia’s unofficial moral police. For instance, it has promised to raid establishments that make their staff wear Christmas hats. It remains to be seen whether FPI will return to influence the national political discourse in the new year, or whether the group’s stature has peaked.

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Christmas Movies Classics – What Makes a Classic?

Every year around the holidays there is a spike in the viewership of Christmas movie classics. According to the American Film Institute, Frank Capra’s 1947 heartwarming drama It’s A Wonderful Life tops the list of all time Christmas favorites. VOA’s Penelope Poulou spoke with Todd Hitchcock, Associate Director of the American Film Institute’s Silver Theater and Cultural Center, about landmark Christmas films and what makes a movie classic.

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Toshiba Unveils Device for Fukushima Nuclear Reactor Probe

Toshiba Corp.’s energy systems unit on Friday unveiled a long telescopic pipe carrying a pan-tilt camera designed to gather crucial information about the situation inside the reactor chambers at Japan’s tsunami-wrecked Fukushima nuclear plant.

The device is 13 meters (43 feet) long and designed to give officials a deeper view into the nuclear plant’s Unit 2 primary containment vessel, where details on melted fuel damage remain largely unknown.

The Fukushima plant had triple meltdowns following the 2011 quake and tsunami. Finding details about the fuel debris is crucial to determining the right method and technology for its removal at each reactor, the most challenging process during the plant’s decades-long decommissioning.

Toshiba officials said the new device will be sent inside the pedestal, a structure directly below the core, to investigate the area and hopefully to find melted debris. The mission could come as soon as late January.

The device looks like a giant fishing rod about 12 centimeters (4.7 inches) in diameter, from which a unit housing the camera, a dosimeter and thermometer slowly slides down. The probe, attached by a cable on the back, can descend all the way to the bottom of the reactor vessel if it can avoid obstacles, officials said.

Two teams of several engineers will be tasked with the mission, which they will remotely operate from a radiation-free command center at the plant. 

A simpler predecessor to the pipe unveiled Friday had captured a limited view of the vessel during a preparatory investigation in February. A crawling robot sent in later in February struggled with debris on the ground and stalled in the end due to higher-than-expected radiation, its intended mission incomplete.   

The upgraded probe has been co-developed by Toshiba ESS and International Research Institute for Nuclear Decommissioning, a government-funded unit of construction and nuclear technology companies over the past nine months.

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Bitcoin Plunges Below $12,000, Heads for Worst Week Since 2013

Bitcoin plunged by a quarter to below $12,000 on Friday as investors dumped the cryptocurrency in manic trading after its blistering ascent to a peak close to $20,000 prompted warnings by experts of a bubble.

It capped a brutal week that had been touted as a new era of mainstream trading for the volatile digital currency when bitcoin futures debuted on CME Group Inc, the world’s largest derivatives market on Sunday.

Friday’s steep fall bled into the U.S. stock market, where shares of companies that have recently lashed their fortunes to bitcoin or blockchain — its underlying technology — took a hard knock in early trading.

The biggest and best-known cryptocurrency had seen a staggering twentyfold increase since the start of the year, climbing from less than $1,000 to as high as $19,666 on the Luxembourg-based Bitstamp exchange on Sunday and to over $20,000 on other exchanges.

Bitcoin has fallen each day since, with losses accelerating on Friday.

In the futures market, bitcoin one-month futures on Cboe Global Markets were halted due to the steep price drop, while those trading on the CME hit the limit down threshold.

In the spot market, bitcoin fell to as low as $11,159, down more than 25 percent on the Luxembourg-based Bitstamp exchange, its largest one-day drop in nearly three years. For the week, it was down around a third — its worst performance since April 2013.

“After its parabolic-like rally, a crash was imminent and so it has proved,” said Fawad Razaqzada, market analyst at Forex.com in London. “Investors may have also been put off buying bitcoin at those elevated levels amid repeated warnings from experts about the way it had climbed near $20,000.”

“A manic upward swing led by the herd will be followed by a downturn as the emotional sentiment changes,” said Charles Hayter, founder and chief executive of industry website Cryptocompare in London. “A lot of traders have been waiting for this large correction.”

“With the end of the year in sight a lot of investors will be taking profits and saying thank you very much and closing their books for the holiday period,” he added.

Warnings about the risks of investing in the unregulated market have increased — Denmark’s central bank governor called it a “deadly” gamble —  and there have been worries about the security of exchanges on which cryptocurrencies are bought and sold.

South Korean cryptocurrency exchange Youbit said on Tuesday it is shutting down and is filing for bankruptcy after it was hacked for the second time this year.

Coinbase, a U.S. company that runs one of the biggest exchanges and provides digital “wallets” for storing bitcoins, said on Wednesday it would investigate accusations of insider trading, following a sharp increase in the price of a bitcoin spin-off hours before it announced support for it.

Crypto-rivals

As rival cryptocurrencies slid along with bitcoin, the total estimated value of the crypto market fell to as low as $440 billion, according to industry website Coinmarketcap, having neared $650 billion just a day earlier.

But other cryptocurrencies surged this week, with investors moving into cheaper digital coins, rather than cashing out of the sector.

Ethereum, the second-biggest cryptocurrency by market size, soared to almost $900 earlier in the week, from around $500 a week earlier. Ripple, the third-biggest, has more than quadrupled in price since Monday.

Stephen Innes, head of trading in Asia-Pacific for retail FX broker Oanda in Singapore, said that there have also been moves out of bitcoin into Bitcoin Cash, a clone of the original cryptocurrency. Oanda does not handle trading in bitcoin.

“Most of it is unsophisticated retail traders getting burned badly,” Innes said on bitcoin’s recent retreat.

While some say the launch by CME and its rival Cboe Global Markets of bitcoin futures over the last two weeks has given the digital currency some perceived legitimacy, many policymakers remain skeptical.

Bitcoin is known to go through wild swings. In November, it tumbled almost 30 percent in four days from $7,888 to $5,555. In September, it fell 40 percent from $4,979 to $2,972.

Reporting by Gertrude Chavez-Dreyfuss in New York and Jemima Kelly in London; Additional reporting by Shinichi Saoshiro in Tokyo; Editing by Keith Weir and Susan Thomas.

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Russian Hackers Targeted More Than 200 Journalists Globally

Russian television anchor Pavel Lobkov was in the studio getting ready for his show when jarring news flashed across his phone: Some of his most intimate messages had just been published to the web.

Days earlier, the veteran journalist had come out live on air as HIV-positive, a taboo-breaking revelation that drew responses from hundreds of Russians fighting their own lonely struggles with the virus. Now he’d been hacked.

“These were very personal messages,” Lobkov said in a recent interview, describing a frantic call to his lawyer in an abortive effort to stop the spread of nearly 300 pages of Facebook correspondence, including sexually explicit messages. Even two years later, he said, “it’s a very traumatic story.”

The Associated Press found that Lobkov was targeted by the hacking group known as Fancy Bear in March 2015, nine months before his messages were leaked. He was one of at least 200 journalists, publishers and bloggers targeted by the group as early as mid-2014 and as recently as a few months ago.

The AP identified journalists as the third-largest group on a hacking hit list obtained from cybersecurity firm Secureworks, after diplomatic personnel and U.S. Democrats. About 50 of the journalists worked at The New York Times. Another 50 were either foreign correspondents based in Moscow or Russian reporters like Lobkov who worked for independent news outlets. Others were prominent media figures in Ukraine, Moldova, the Baltics or Washington.

The list of journalists provides new evidence for the U.S. intelligence community’s conclusion that Fancy Bear acted on behalf of the Russian government when it intervened in the U.S. presidential election. Spy agencies say the hackers were working to help Republican Donald Trump. The Russian government has denied interfering in the American election.

Previous AP reporting has shown how Fancy Bear — which Secureworks nicknamed Iron Twilight — used phishing emails to try to compromise Russian opposition leaders, Ukrainian politicians and U.S. intelligence figures, along with Hillary Clinton campaign chairman John Podesta and more than 130 other Democrats.

Lobkov, 50, said he saw hacks like the one that turned his day upside-down in December 2015 as dress rehearsals for the email leaks that struck the Democrats in the United States the following year.

“I think the hackers in the service of the Fatherland were long getting their training on our lot before venturing outside.”

‘Classic KGB tactic’

New Yorker writer Masha Gessen said it was also in 2015 — when Secureworks first detected attempts to break into her Gmail — that she began noticing people who seemed to materialize next to her in public places in New York and speak loudly in Russian into their phones, as if trying to be overheard. She said this only happened when she put appointments into the online calendar linked to her Google account.

Gessen, the author of a book about Russian President Vladimir Putin’s rise to power, said she saw the incidents as threats.

“It was really obvious,” she said. “It was a classic KGB intimidation tactic.”

Other U.S.-based journalists targeted include Josh Rogin, a Washington Post columnist, and Shane Harris, who was covering the intelligence community for The Daily Beast in 2015. Harris said he dodged the phishing attempt, forwarding the email to a source in the security industry who told him almost immediately that Fancy Bear was involved.

In Russia, the majority of journalists targeted by the hackers worked for independent news outlets like Novaya Gazeta or Vedomosti, though a few — such as Tina Kandelaki and Ksenia Sobchak — are more mainstream. Sobchak has even launched an improbable bid for the Russian presidency.

Investigative reporter Roman Shleynov noted that the Gmail hackers targeted was the one he used while working on the Panama Papers, the expose of international tax avoidance that implicated members of Putin’s inner circle.

Fancy Bear also pursued more than 30 media targets in Ukraine, including many journalists at the Kyiv Post and others who have reported from the front lines of the Russia-backed war in the country’s east.

Nataliya Gumenyuk, co-founder of Ukrainian internet news site Hromadske, said the hackers were hunting for compromising information.

“The idea was to discredit the independent Ukrainian voices,” she said.

The hackers also tried to break into the personal Gmail account of Ellen Barry, The New York Times’ former Moscow bureau chief.

Her newspaper appears to have been a favorite target. Fancy Bear sent phishing emails to roughly 50 of Barry’s colleagues at The Times in late 2014, according to two people familiar with the matter. They spoke on condition of anonymity to discuss confidential data.

The Times confirmed in a brief statement that its employees received the malicious messages, but the newspaper declined to comment further.

Some journalists saw their presence on the hackers’ hit list as vindication. Among them were CNN security analyst Michael Weiss and Brookings Institution visiting fellow Jamie Kirchick, who took the news as a badge of honor.

“I’m very proud to hear that,” Kirchick said.

The Committee to Protect Journalists said the wide net cast by Fancy Bear underscores efforts by governments worldwide to use hacking against journalists.

“It’s about gaining access to sources and intimidating those journalists,” said Courtney C. Radsch, the group’s advocacy director.

In Russia, the stakes are particularly high. The committee has counted 38 murders of journalists there since 1992.

Many journalists told the AP they knew they were under threat, explaining that they had added a second layer of password protection to their emails and only chatted over encrypted messaging apps like Telegram, WhatsApp or Signal.

Fancy Bear target Ekaterina Vinokurova, who works for regional media outlet Znak, said she routinely deletes her emails.

“I understand that my accounts may be hacked at any time,” she said in a telephone interview. “I’m ready for them.” 

‘I’ve seen what they could do’

It’s not just whom the hackers tried to spy on that points to the Russian government.

It’s when.

Maria Titizian, an Armenian journalist, immediately found significance in the date she was targeted: June 26, 2015.

“It was Electric Yerevan,” she said, referring to protests over rising energy bills that she reported on. The protests that rocked Armenia’s capital that summer were initially seen by some in Moscow as a threat to Russian influence.

Titizian said her outspoken criticism of the Kremlin’s “colonial attitude” toward Armenia could have made her a target.

Eliot Higgins, whose open source journalism site Bellingcat repeatedly crops up on the target list, said the phishing attempts seemed to begin “once we started really making strong statements about MH17,” the Malaysian airliner shot out of the sky over eastern Ukraine in 2014, killing 298 people. Bellingcat played a key role in marshaling the evidence that the plane was destroyed by a Russian missile — Moscow’s denials notwithstanding.

The clearest timing for a hacking attempt may have been that of Adrian Chen.

On June 2, 2015, Chen published a prescient expose of the Internet Research Agency, the Russian “troll factory” that won fresh infamy in October over revelations that it had manufactured make-believe Americans to pollute social media with toxic rhetoric.

Eight days after Chen published his big story, Fancy Bear tried to break into his account.

Chen, who has regularly written about the darker recesses of the internet, said having a lifetime of private messages exposed to the internet could be devastating.

“I’ve covered a lot of these leaks,” he said. “I’ve seen what they could do.”

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How a Ukrainian Folk Chant Became the Theme of American Christmas

For several decades Carol of the Bells or the Ukrainian Bell Carol has been an essential part of the American Christmas tradition – just like Christmas trees or presents. One can hear the song on radio or in TV-commercials, it has rock, jazz or metal versions. What makes it so memorable and popular? Mariia Prus and Dmitriy Savchuk addressed the question to professional musicians.

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Sportscaster Dick Enberg Found Dead at Home at Age 82

Dick Enberg, the sportscaster who got his big break with UCLA basketball and went on to call Super Bowls, Olympics, Final Fours and Angels and Padres baseball games, died Thursday. He was 82.

Engberg’s daughter, Nicole, confirmed the death to The Associated Press. She said the family became concerned when he didn’t arrive on his flight to Boston on Thursday, and that he was found dead at his home in La Jolla, a San Diego neighborhood, with his bags packed.

The family said it believes he had a heart attack, but is awaiting official word.

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Is That Toy Spying on You?

The toys your kids unwrap this Christmas could invite hackers into your home.

That Grinch-like warning comes from the FBI, which said earlier this year that toys connected to the internet could be a target for crooks who may listen in on conversations or use them to steal a child’s personal information.

The bureau did not name any specific toys or brands, but it said any internet-connected toys with microphones, cameras or location tracking might put a child’s privacy or safety at risk. That could be a talking doll or a tablet designed for kids. And because some of the toys are being rushed to be made and sold, the FBI said, security safeguards might be overlooked.

Security experts say the only way to prevent a hack is to not keep the toy. But if you decide to let a kid play with it, there are ways to reduce the risks:  

 

Do your research

Before opening a toy, search for it online and read reviews to see whether there are any complaints or past security problems. If there have been previous issues, you may want to rethink keeping it.

Reputable companies will also explain how information is collected from the toy or device, how the data are stored and who has access to the data. Usually that type of information is found on the company’s website, typically under its privacy policy. If you can’t find it, call the company. If there isn’t a policy, that’s a bad sign.

“You shouldn’t use it,” said Behnam Dayanim, a partner at the Paul Hastings law office in Washington and co-chair of its privacy and cybersecurity practice.

Companies can change their privacy policies, so read them again if you’re notified of a change. 

Use secure Wi-Fi

Make sure the Wi-Fi the toy will be connected to is secure and has a hard-to-guess password. Weak passwords make it easier for hackers to access devices that use the network. Never connect the toy to free Wi-Fi that’s open to the public. And if the toy itself allows you to create a password, do it. 

 

Power it off

When the toy is not being used, shut it off or unplug it so it stops collecting data. 

“They become less of an attractive target,” said Alan Brill, who is a cybersecurity and investigations managing director at consulting firm Kroll in Secaucus, New Jersey. 

If the item has a camera, face it toward a wall or cover it with a piece of tape when it’s not being used. Toys with microphones can be thrown in a chest or drawer where it’s harder to hear conversations, Brill said.

Register, but don’t give away info

A software update may fix security holes, and you don’t want to miss that fix, Brill said.

But when registering, be stingy with the information you hand over; all they need is contact information to let you know about the update. If they require other information, such as a child’s birthday, make one up. “You’re not under oath,” said Brill. “You can lie.”

Be vigilant

If the toy or device allows kids to chat with other people playing with the same toy or game, explain to children that they can’t give out personal information, said Liz Brown, a business law professor at Bentley University in Waltham, Massachusetts, who focuses on technology and privacy law.

Discussions are not enough; check the chat section to make sure children aren’t sending things they shouldn’t be, Brown said. People could be pretending to be kids to get personal information. “It can get creepy pretty fast,” said Brown.

Reputable companies that make toys with microphones will offer ways for parents to review and delete stored information. Take advantage of that.

Report breaches

If a toy was compromised by a hacker, the FBI recommends reporting it online through its internet crime complaint center at IC3.gov.

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Famed Conductor Accused of Sexual Misconduct

Three opera singers and a classical musician say that world-renowned conductor Charles Dutoit sexually assaulted them — physically restraining them, forcing his body against theirs, sometimes thrusting his tongue into their mouths, and in one case, sticking one of their hands down his pants.

In separate interviews with The Associated Press, the accusers provided detailed accounts of incidents they say occurred between 1985 and 2010 in a moving car, the two-time Grammy winner’s hotel suite, his dressing room, an elevator and the darkness of backstage.

The women accuse the 81-year-old artistic director and principal conductor of London’s Royal Philharmonic Orchestra of sexual misconduct on the sidelines of rehearsals and performances in five cities — Chicago, Los Angeles, Minneapolis, Philadelphia and Saratoga Springs, New York.

“He threw me against the wall, shoved my hand down his pants and shoved his tongue down my throat,” retired mezzo-soprano Paula Rasmussen recounted of an incident she said occurred in his dressing room at the LA Opera in September 1991. She refused to ever be alone with the Swiss-born conductor again, she said.

Soprano Sylvia McNair, herself a two-time Grammy winner, said Dutoit “tried to have his way” with her at a hotel after a rehearsal with the Minnesota Orchestra in 1985.

“As soon as it was just the two of us in the elevator, Charles Dutoit pushed me back against the elevator wall and pressed his knee way up between my legs and pressed himself all over me,” she said.

The other two accusers did not want to be identified, saying they feared speaking up because the power the famous maestro wields could lead to them being blacklisted from the industry. 

Dutoit, who holds the titles of conductor laureate of the Philadelphia Orchestra and conductor emeritus of the NHK Symphony Orchestra in Tokyo, did not respond to multiple attempts to reach him through the Royal Philharmonic Orchestra and his office in Montreal. The Royal Philharmonic said Dutoit was currently on vacation, but that it had forwarded the AP’s emailed requests for comment directly to him. The AP also reached out to Dutoit’s office with several phone calls and emails. 

Citing the “extremely troubling” allegations contained in the AP story, the Boston Symphony Orchestra said later Thursday Dutoit would “no longer appear as a guest conductor.”

“The Boston Symphony Orchestra is committed to a zero tolerance policy toward anyone who exhibits inappropriate behavior in the workplace, and behavior that runs counter to these core values will always be met with serious consequences,” the statement said.

Dutoit, a guest conductor there since 1981, had been scheduled to conduct at Boston’s Symphony Hall in February and in August during the orchestra’s summer season in Tanglewood.

In a long, distinguished career, he also has led highly regarded orchestras in Paris and Montreal, and traveled the globe as a guest conductor. He is scheduled to conduct the New York Philharmonic next month in a four-day program honoring Ravel. 

All four accusers’ stories are similar, and the AP spoke with their colleagues and friends, who confirmed that each of the women shared details of their experiences at the time.

One of the women who asked not to be identified said Dutoit attacked her three times in 2006 and once in 2010, grabbing her breasts, pinning her wrists against his dressing room wall and telling her that they would make better music if she willingly kissed him.

All four women said Dutoit either lured them to a private place to discuss or practice music, or simply seized a moment alone to make his move. The women all said they resisted him and escaped. They said they never filed formal complaints because they were young and Dutoit was the maestro. 

In interviews with the AP, more than a dozen singers, musicians and stage staff spoke of a culture of sexual misconduct in the classical music world that they said has long been implicitly tolerated by people in positions of authority.

Dutoit’s accusers said they felt inspired by all the women speaking out about sexual misconduct by powerful men in Hollywood, politics, the media and other industries, and ultimately felt empowered to break their silence after the Metropolitan Opera suspended conductor James Levine earlier this month when misconduct accusations surfaced.

Cornered in an elevator

“I never went to the police. I never went to company management. Like everyone else, I looked the other way,” said Sylvia McNair, now 61. “But it is time now to speak out.”

McNair was 28 in March 1985 when she worked with Dutoit at the Minnesota Orchestra where he was conducting and she was singing the Bach B Minor Mass.

After a rehearsal, McNair said she returned to her hotel with Dutoit and other performers and that the elevator gradually emptied until only she and the conductor remained. Dutoit immediately jumped her, she said, forcefully restraining her against the elevator wall and pushing his body into hers. 

“I managed to shove him off and right at that moment, the elevator door opened. I remember saying, ‘Stop it!’ And I made a dash for it,” she said. 

When she got to her room, she said she almost immediately called another singer who had been in the elevator with them. 

The AP spoke to the colleague, who confirmed receiving the call, saying “she was frantic because Dutoit had pressed her against the side of the elevator, pressing into her with his whole body.” He said he asked McNair the next day if Dutoit had apologized and she said he had not, and instead acted as if nothing had happened. The colleague asked not to be identified because he feared speaking out could harm his career.

McNair, who went on to perform with many of the world’s major orchestras and opera companies, said she does not feel traumatized by Dutoit’s behavior 32 years ago. “But what he did was wrong,” she said.  

Summoned to his dressing room

In September 1991, when she was 26 and trying to build her career, Paula Rasmussen landed a principal role with the LA Opera in “Les Troyens.” Dutoit showed special interest in her at rehearsals, she said, prompting a veteran soprano, now deceased, to warn her to watch out for him.

Rasmussen had dealt with inappropriate behavior before, she said, but her inner alarm bells did not sound when Dutoit summoned her. She assumed the maestro wanted to talk business.

“He called me into his dressing room right before a dress rehearsal. Over the loudspeaker: ‘Ms. Rasmussen to Mr. Dutoit’s dressing room,'” she said. 

Rasmussen, 52, now an attorney in the San Francisco area, said she recalls feeling momentarily paralyzed after Dutoit grabbed her hand and stuck it down his pants and forced his tongue into her mouth. Then came a knock on the door. The conductor opened it, she said, “and I went past him, and ran up to my dressing room.”

It was the only time she ever went to Dutoit’s dressing room unaccompanied, she said.

“He called me back repeatedly that night, and up until we opened,” Rasmussen said. “Every time he wanted to give me notes on the performance after that, somebody would go with me.”

Baritone John Atkins, who was part of the production, said he remembers Rasmussen being reticent upon getting called to Dutoit’s dressing room after the incident. “I volunteered myself to stand at the dressing room door, as a witness, for lack of a better term, to be there while she went to get notes,” he said. 

Atkins said he still remembers the cold stare from Dutoit. “He looked at me like, ‘Why are you standing here?’ And I looked at him like, ‘You know why.'”

The AP also spoke with a member of the production’s staging staff who said it was known backstage that Dutoit had approached Rasmussen “in an unwanted manner” and that the singer had been visibly upset that night. The staffer asked not to be identified for fear of losing work in the industry. 

On a subsequent occasion, Rasmussen said the conductor passed her in a hallway and whispered, “You kissed me back,” which she assumed meant to suggest that she had invited his behavior.

Rasmussen said she is breaking her years of silence “because people are listening — and nobody would listen before.”

‘Grabbed’ in a car and backstage

A third singer told the AP that Dutoit assaulted her on four different occasions when she was in her 30s during performances with the Philadelphia Orchestra — first in 2006 at the Saratoga Performing Arts Center in upstate New York and then in 2010 in Philadelphia. 

She didn’t see it coming the first time, the soprano said, considering it “the chance of a lifetime” to work with the famed conductor as a featured soloist. When Dutoit offered her a ride to their hotel in Saratoga Springs after the first rehearsal, she happily accepted, she said.

“We get in his car, he starts driving down the road and he literally starts grabbing for whatever he can get,” including her breasts, she said. “For a minute, in my mind I thought, ‘Is he having a stroke?'”

She said she batted his hand away and put her bag between them until he dropped her off at the hotel. 

After the next rehearsal, she said Dutoit called a meeting in his dressing room but that she felt safe because other people were there. At one point, when she looked up from the score, she realized they were alone, however. 

As she walked toward the door, she said, Dutoit pressed her against the wall, restrained her wrists and pushed himself against her, telling her she would relax if she kissed him. He suggested they become friends, she said, and told her she should come to his hotel room. 

The AP spoke with the woman’s voice teacher, who recalled an occasion where the conductor told the soprano he wanted to speak to her. “I physically see her start to shake,” said the teacher, who requested anonymity to protect the soprano’s identity. “She grabbed my hand and said, ‘Don’t leave me alone.'”

A final act of aggression that season came on opening night, the soprano said.

Just before the performance, the soprano said she was standing on the side of the stage in her evening gown when Dutoit approached in his tuxedo. “Toi, toi, toi, maestro,” she said, meaning “good luck.” In response, she said, “He turns around, he inspects me, reaches out, grabs both my breasts and keeps walking” onto the stage. 

The woman said she worked with Dutoit again four years later at the orchestra’s home base in Philadelphia’s Verizon Hall.

When she was instructed to deliver a message to the conductor in his dressing room, she said, “it was almost worse, because I knew what I was walking into.” In a repeat of the 2006 incident, she said he pushed her against the wall, forcing his mouth on hers. 

“I was so angry that I had let it happen again,” she said. “I felt like I was in hell.”

Of Dutoit, she said, “There is nothing wrong with him as a musician, but he has been allowed to operate as a predator off the stage.”

‘Lunch’ in his hotel suite

The fourth accuser was a 24-year-old musician with the Civic Orchestra of Chicago when Dutoit came to town in spring 2006 to guest-conduct the Chicago Symphony Orchestra. 

After a few rehearsals, the musician — who now works with a different orchestra — said Dutoit offered her a seat in his box for a concert. She assumed others were joining them, since a box typically seats a half-dozen people. But they were alone, she said.

As the music played, she said, Dutoit reached for her hand, then tried to grab it repeatedly as she pushed him away. “All the while I kept thinking, ‘How do I handle this? I can’t make him mad. I’ll try to laugh it away.'”

After a few more rehearsals, she said, he suggested they meet for lunch at a restaurant but then changed the venue to his suite at the Four Seasons Hotel. “At the time, I thought I could handle myself,” she said.

But once she arrived at the suite, Dutoit forced himself on her, she recalled. “He was just pushing himself against me, trying to kiss me, grabbing hold of my body, pushing his body on me,” she said. “I absolutely said no, pushed him away, went to the other side of the room.”

He didn’t chase her, she said, but tried to coax her to stay and even invited her to visit his apartment in Paris.

A former member of the orchestra said the woman spoke to him at the time about Dutoit, recalling she felt “utter disgust” at his advances. The man asked not to be identified to protect the musician’s identity.

After he attacked her, the musician said, Dutoit emailed her about a dozen times. She would not show the AP the emails, saying she did not want them published, but read excerpts over the phone.

In one, she said, Dutoit wrote that he was unaware “that an affectionate hug and kiss could have such a negative effect,” adding, “Of course, I forgot you are still a child.”

“You could tell this was business as usual,” the musician told the AP. “Like he knew what he was doing, and didn’t seem put off by the fact that I was saying no.”

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Russia’s Globex Bank Says Hackers Targeted Its SWIFT Computers

Hackers tried to steal 55 million rubles ($940,000) from Russian state bank Globex using the SWIFT international payments messaging system, the bank said Thursday, the latest in a string of attempted cyberheists that use fraudulent wire-transfer requests.

Globex President Valery Ovsyannikov told Reuters that the attempted attack occurred last week, but that “customer funds have not been affected.”

The bank’s disclosure came after SWIFT, whose messaging system is used to transfer trillions of dollars each day, warned late last month that the threat of digital heists was on the rise as hackers use increasingly sophisticated tools and techniques to launch new attacks.

SWIFT said in late November that hackers continued to target the SWIFT bank messaging system, though security controls instituted after last year’s $81 million heist at Bangladesh’s central bank have helped thwart many of those attempts.

Sources familiar with last week’s attack on Globex said the bank had spotted the attack and been able to prevent the cybercriminals from stealing all the funds they had sought, according to a report in the Kommersant daily. The hackers withdrew only about $100,000, the report said.

Globex is a part of the state development bank VEB. VEB plans to transfer Globex to the state property management agency, sources familiar with the talks told Reuters this week.

SWIFT representatives declined to discuss the Globex case.

“We take cybersecurity very seriously, and we investigate all threats very seriously, taking all appropriate actions to mitigate any risks and protect our services,” the group said in a statement emailed to Reuters. “There is no evidence to suggest that there has been any unauthorized access to SWIFT’s network or messaging services.”

Brussels-based SWIFT has issued a string of warnings urging banks to bolster security in the wake of the February 2016 cyberheist at the Bangladesh bank, which targeted central bank computers used to move funds through the messaging system.

While SWIFT has declined to disclose the number of attacks or identify any victims, details of some cases have become public, including attacks on Taiwan’s Far Eastern International Bank and Nepal’s NIC Asia Bank.

Shane Shook, a cyberexpert who has helped investigate some hacks targeting the SWIFT messaging network, said that at least seven distinct groups have been launching such attacks for at least five years, though most go unreported.

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