Businesses and cyber-security

Businesses and cyber-security
The Economist
States as well as criminals were up to no good, he said: in particular, a “major London listed company with which we have worked” had lost revenue of “some £800m” ($1.2 billion) to state-sponsored cyber-attack. The firm in question had lost ...

The Economist

Massive cyber attack in progress in USA, Europe and Latin America (Breaking ...
DigitalJournal.com
Leading cyber security company, McAfee, has issued a breaking news report that indicates that the U.S., European and Latin American financial systems are under a massive cyber attack.

DigitalJournal.com

Senators renew push to strengthen cyber-security
Cedartown Standard
“A serious cyber attack on our nation is a real and growing threat that requires us to be more vigilant and better prepared,” said Sen. Coats, a member of the Senate Intelligence Committee. “The surest and quickest way to improve cyber security in this ...

State-led Hacking Cost Company
CFO.com Magazine
A British company suffered lost revenues of €1.0 billion ($1.25 billion) because of a state-sponsoredcyber attack against its computer systems, according to the head of the United Kingdom's inlandsecurity agency. The hit was said to be suffered ...

GOP Senators revise cybersecurity bill
Computerworld
It includes language aimed at ensuring that federal agencies adopt and update security tools for combating cyber-threats. "The surest and quickest way to improve cybersecurity in this country is to leverage the capabilities and flexibility of the ...

OVERNIGHT TECH: Privacy groups unimpressed with tweaks to GOP cyber bill
The Hill (blog)
The Lead : Senate Republicans released a revised version of their cybersecurity bill, the Secure IT Act, on Wednesday, but they failed to win over privacy groups. Like the House's Cyber Intelligence Sharing and Protection Act (CISPA), Secure IT would ...

PM and National Security Council focus on cyber safety
NDTV
The security of sensitive cyber networks was reviewed at a meeting of the NationalSecurity Council (NSC), headed by Prime Minister Manmohan Singh, against the backdrop of frequent attacks from hackers today. ... government is in the process of putting ...

NDTV

Republicans push new cybersecurity alternative
The Hill (blog)
The Republican senators said their new bill tightens the definition of "cyber threat information" and clarifies that the government cannot use or retain the information for reasons other those specified in the bill. They also said it creates new ...

PM-led National Security Council discusses cyber security
IBNLive.com
New Delhi, Jun 28 (PTI) Security of the sensitive cyber networks was reviewed at a meeting headed by Prime Minister Manmohan Singh against the backdrop of frequent attacks from hackers. The meeting of ... "Government is in the process of putting in ...

MarketsandMarkets: Global Cyber Security Market worth $120.1 Billion by 2017
Sacramento Bee
As hacking is booming and garnering ever-increasing media attention, attempts to target vital international defense installations can neither be ruled out nor mitigated successfully without significant cyber security measures. Cyber security is an ...

UK spy chief decries 'industrial scale' cyber espionage
FierceGovernmentIT
"The front line in cybersecurity is as much in business as it is in government," Evans said. He also said critical infrastructure could be attacked. So far, he added, terrorist groups have not posed a significant cyber threat to critical infrastructure ...

Cyber crims steal 'millions' from banks
NEWS.com.au
A wave of cyber attacks has likely stolen at least $US80 million ($A79.6 million) from bank accounts in Europe, the United States and elsewhere, a security report says.

Japanese Ministry Unsure If It Was Cyber-Attacked by Anonymous
Kotaku
Japanese Ministry Unsure If It Was Cyber-Attacked by Anonymous This week, hacker-activist collective Anonymous allegedly attacked a number of Japanese government sites, such as the Finance Ministry's site and the Supreme Court's site, among others.

Japan Government Investigating Small Web Breaches After Anonymous Attack ...
PCWorld
Several Japanese government ministries were investigating minor Web breaches Thursday, after what appeared to be threats of cyber attacks by the hacker... ... Japan Government Investigating Small Web Breaches After Anonymous Attack Threats ...

'Anonymous' hackers attack Japanese govt websites
AsiaOne
The Cabinet Secretariat's National Information Security Center warned ministries, agencies and other government entities to be on alert for further cyber-attacks. According to a statement posted on the Internet, Anonymous declared it would carry out a ...

AsiaOne

Getting Cyber Serious: Mastering the Challenges of Federal Cloud Computing
Heritage.org
The government should take full advantage of the advantages of cloud computing and update outdated laws on cybersecurity, privacy and information. ... [2] In this way, cyber clouds are similar to utilities in that they provide IT services to multiple ...

IT industry news: MI5 chief issues cyber attack warning
Computeach
Earlier this week, Ryan Cleary, 20, and Jake Davis, 19, admitted to being behind cyberattacks against the CIA, the NHS and the Serious Organised Crime Agency. Posted by Paul Davis MCSA courses& Web Design Courses - helping you to find a new career.

Computeach

Summer camp gives cyber savvy chance to get career skills
Defense Systems
A cyber summer camp kicked off earlier the week of June 25 in Northern Virginia that will give 50 individuals a chance to learn skills that will prepare them for careers in cybersecurity. ... Defense Systems: Information Technology and Net-Centric ...

WA Auditor General finds government agencies still vulnerable to cyber ...
Computerworld Australia
Little progress has been made with securing Western Australian government agencies against cyber security attacks according to the 2012 Information Systems Audit Report tabled by Western Australian Auditor General, Colin Murphy. ... Murphy found that ...

Hack Attack: $75M Stolen in Worldwide Cyber-Heist
TheBlaze.com
Hack Attack: $75M Stolen in Worldwide Cyber Heist Almost $75 million was stolen from financial institutions around the world by a fraud ring with an “insider level of understanding,” Sky News reports. “The fraudsters' objective in these attacks is to ...

Views | The new world of cyber warfare
Livemint
Views | The new world of cyber warfare, Flame and Stuxnet-like malicious malware is the new weapon of choice for nations to engage in espionage and cyber terrorism and warfare. And war it is of a new kind taking us to a new battleground., Views.

Kaspersky Labs: SMBs need to wake up to targeted cyber attacks threat
ChannelBiz
“For about ten years we have faced cyber crime – malicious code for profit,” David Emm, Senior Security Researcher said at a Kaspersky Lab roundtable discussion today. “In general that has been attacks that are random and speculative in nature.” There ...

ChannelBiz

Security glitch found on Govt sites
The West Australian
For security reasons the Auditor General's office did not reveal which agencies were found to be at risk. Mr Murphy said a second part of the report found that despite some signs of improvement since last year, agencies were still vulnerable to cyber ...

Security Stress
ITP.net
“If you have attended the Black Hat conferences and listened to the strategies from cyber-warfare centres on cyber-warfare, the conception is that these attacks [targeted infrastructure attacks] will not only increase in terms of their ferocity, but ...

ITP.net

Teenager admits cyber attacks
Spalding Guardian
Earlier this week he appeared at Southwark Crown Court where he admitted conspiring to carry out a “denial of service” attack on the crime agency and hacking the NHS website. He and Ryan Cleary (20) ... Davis, who was living on the island of Yell in ...

Advanced persistent threats: What you need to know
PC Advisor
An APT, according to Symantec, is a cyber attack targeted at an organisation to steal data, especially intellectual property. For example, US security vendor RSA was targeted by an APT in March 2011 from an undisclosed nation state which took all the ...

Radware's Attack Mitigation System Protects Online Businesses Against ...
Business Review USA (press release)
To meet this growing cyber security concern, Radware® (NASDAQ: RDWR), a leading provider of application delivery and application security solutions for virtual and cloud data centers, today announced its Attack Mitigation System (AMS) is the first ...

The Google cyber brain with a curiosity for cats
Daily Mail
When Google let its latest cyber brain loose on the internet, it did what many humans would do when looking for some light entertainment – it honed in on cats. ... The Google cyber brain with a curiosity for cats. By David Gardner. PUBLISHED: 20:04 EST ...

Daily Mail

Servers of 60 Banks Compromised In Continuing Worldwide Hack Attack
Legit Reviews
The details of the global fraud come just a day after the MI5 boss warned of the new cyber security threat to UK business. McAfee researchers have been able to track the global fraud, which still continues, across countries and continents. "They have ...

Legit Reviews

US-UK security experts unite for Olympics
News Courier
11 terror attacks or a debilitating cyber-attack. Although al-Qaida has been weakened by targeted U.S. strikes, its affiliates in places like Somalia and Yemen have stepped up their activity and increased their capabilities. They've even been working ...

FBI Undercover Operation Results in 24 Carder Suspects Arrested
PC Magazine
Some paid a registration fee. And some others had to be recommended by at least two existing users. "The allegations unsealed today chronicle a breathtaking spectrum of cyber schemes and scams," New York U.S. Attorney Preet Bharara said in a statement ...

New twist on Zeus/SpyEye used in massive global fraud scheme
GCN.com
A phishing-spread campaign targets banks and the wealthy, and has attempted to steal anywhere from $78 million to $2 billion this year, security researchers say. ... interventions, we have discovered at least a dozen groups now using server-side ...

INFORMATION WARFARE: The Beast From The East
Strategy Page
June 28, 2012: The longer Western intelligence analysts and Internet security researchers look into Chinese Internet based espionage efforts, the more clearly the Chinese strategy becomes Put simply, China has been seeking out. ... This is known in the ...

Bad News from the Netherlands: Alarm for Upcoming Cyber Attack
By Bad News Blogger
Alarm for Upcoming Cyber Attack. Internet specialists from the police department and the recently founded National Cyber Security Center have warned about possible attacks on Dutch government websites. According to the KPLD - high tech ...
Bad News from the Netherlands

Without Computer Scientists In Policy Debates, Nations Are ...
By Dave Copeland
If the type of catastrophic cyber attack that makes for Hollywood blockbusters were to actually happen today, the response would be led by policy makers, politicians and military officials who may not have the expertise and training to deal with such an event. ... That's why computer scientists need to take a more active role in helping shape U.S. policy on cyber conflicts and national security, according to an article in the June issue of Communications of the ACM, an academic journal.
ReadWriteWeb

Operation High Roller - Business Insider
By Michael Kelley
McAfee and Guardian Analytics have discovered a highly sophisticated and ongoing cyber attack that has siphoned as much as $2.5 billion from bank accounts in Europe, the U.S. and Colombia. The attack ... The two security firms found 60 servers processing thousands of attempted thefts from high-value commercial accounts, very rich individuals, credit unions, large global bank and regional banks by using "mule business accounts" that attempted transfers as high as $130000.
Business Insider

Locking Private Sector Shields Against Cyber Attacks | Defense ...
By Justin Hienz
This needs to end, and to achieve it, all U.S. businesses need to get serious about cybersecurity. While cyber threats can be technologically sophisticated, there are some basic approaches all companies can take to elevate their security ...
Defense Media Network

How Chinese cyber attacks work | PrairiePundit
By Merv
The longer Western intelligence analysts and Internet security researchers look into Chinese Internet based espionage efforts, the more clearly the Chinese strategy becomes. ... The methods, and source of the attack, had been traced back to China. ... This is known in the trade as "spear fishing" (or "phishing"), which is a Cyber War technique that sends official looking email to specific individuals with an attachment which, if opened, secretly installs a program that sends files from the ...
PrairiePundit

BLACKFIVE: Cyber Pearl Harbor- our greatest weakness
By blackfive@gmail.com (Pundit Review Radio)
I wrote a piece for my day job's blog about what is actually the most glaring weakness in our cyberdefenses. Industrial control systems are ... types of systems in Iran. Read the rest and catch up on other cybersecurity issues at the Absio blog.
BLACKFIVE

Table Comparison of Proposed Cybersecurity Legislation ...
By tmurray
Interested in cyber security legislation? ... The Heritage Foundation, the conservative think tank, posted on its website this past week an insightful, easy-to-read breakdown on the major policies each of the three major cybersecurity bills offer.
NovaInfosec.com