November 2018

Major U.S. cities plunged into darkness. The financial system frozen. Transportation crippled. Drinking water in short supply. These are just a few of the ways that a successful cyberattack on critical infrastructure could wreak havoc on U.S. national security, economic stability and public health and safety. Worries that hackers are getting… … read more at: […]

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French President Emmanuel Macron released an international agreement on cybersecurity principles Monday as part of the Paris Peace Forum. The original signatories included more than 50 nations, 130 private sector groups and 90 charitable groups and universities, but not the United States, Russia or China. The big picture: The Paris Call for Trust and Security […]

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Kaspersky Lab researchers have discovered a wave of cyber-espionage targeted attacks aimed at Central Asian diplomatic organizations. The Trojan called “Octopus”, disguised as a version of a popular and legitimate online messenger, was attracting users amid the news of a possible ban on Telegram messenger in the region. Once installed, Octopus provided attackers with remote […]

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Credit: LeoWolfert/Shutterstock The global cost of cybercrime is estimated to be $600 billion, or 0.8 percent of the global GDP, according to a report by CSIS. It has grown at an alarming rate from about $445 billion in 2014, suggesting that this problem is only going to get worse. It is increasingly easy for nontechnical users […]

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In September 2017, Equifax admitted it had been hacked. The breach of sensitive information affected 145.5 million people, with those behind the hack accessing user data including tax identification numbers, Social Security numbers, birth dates, addresses, driver’s licence numbers, and credit card information. Equifax chairman and chief executive Richard Smith stepped down from the embattled […]

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Image copyright Getty Images The Bank of England is testing the UK’s ability to withstand a major cyber-attack on financial institutions. Some 40 firms, including leading banks, are taking part in a one-day “war-gaming” exercise designed to assess their resilience. The Bank is conducting the exercise on Friday in partnership with regulators and the Treasury. […]

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