News Briefs

Extreme Cyberattack Could Cost as Much as Superstorm Sandy, Says Insurer Lloyd’s of London

A global cyberattack has the potential to cost $120bn in economic losses, roughly the equivalent of a catastrophic natural disaster like 2012’s Superstorm Sandy, a scenario described in new research by Lloyd’s of London and Cyence, a cyber-risk analytics modeling firm. more

EFF: Internet Went All Out in Support of Net Neutrality

Yesterday's "Day of Action to Save Net Neutrality," resulted in more than 3.4 million emails to U.S. Congress and more than 1.6 million comments to the Federal Communications Commission. more

Apple Setting Up First Data Center in China to Comply with Tougher Cybersecurity Laws

Apple today reported it is constructing its first data center in China, in partnership with a local internet services company, in order to comply with the tougher cybersecurity laws enacted last month. more

Cloud Leak Exposes at least 14 Million Verizon Subscribers, Phone Numbers and Account PINs Included

A Verizon partner is reported to have exposed millions of Verizon customer accounts due to a misconfigured cloud-based file. more

Complete Internet Shutdown Reported in Syria

While Syria's Internet disruptions in the recent past have been linked to Government's efforts to prevent cheating during national high school exams, today's complete Internet shutdown reported by Dyn Research is unknown and does not appear to be exam-related. more

Afghanistan Enacts Law Targeting Online Crime and Militancy

Afghanistan's President Ashraf Ghani has signed into law a cybercrime bill this week targeting online crime and militancy by groups such as the Taliban and Islamic State despite concerns it could limit free speech. more

U.S. Critical Infrastructure Will Be Attacked Within 2 Years, According to 2017 Black Hat Survey

According to a 2017 Black Hat Attendee Survey, cyberattacks on U.S. enterprise and critical infrastructure are coming soon, and in most cases defenders are not prepared. more

PayPal Sells X.com Back to Its Previous Owner, Elon Musk

PayPal's corporate communications director confirmed that the company has sold the domain X.com back to its previous owner, Elon Musk. more

Google, Facebook Latest to Join Net Neutrality Protest on Wednesday

Google and Facebook, two companies that generally stay on the other side of the Net Neutrality debate, have told reporters they will be participating in the July 12th net neutrality protest. more

U.S. Nuclear Power and Other Energy Companies Hacked by Russians According to Government Officials

Russian government hackers are reported to be behind latest cyber-intrusions into the business systems of U.S. nuclear power and other energy companies with efforts to assess networks. more

China Clamps Down on VPNs, Carriers Told to Block Access by Feb. 1

State-run telecommunications firms in China are given until February 1 to block people from using VPNs, shuttering key ways both locals and foreigners still manage to access the global, unfiltered web on a daily basis. more

U.S. Lawmakers Wary of Kaspersky Lab, the Russian Cybersecurity Firm

U.S. Congress is growing increasingly suspicious of the popular Russian anti-virus software provider, Kaspersky Lab. more

Over 750 Domain Name Registrars Expected to Shut Down in the Next 12 Months, ICANN Predicts

ICANN estimates over 750 accredited domain name registrars are likely to close within the next 12 months as a result of the over-saturated drop-catching market. more

Domain Registrations in New TLDs Overwhelmingly for Defensive Purposes, INTA Study

During the ICANN meeting in South Africa last week, the impact of new gTLD rights protection mechanisms (RPMS) was the subject of key discussions, and some concerns were voiced regarding trademark owners themselves registering domain names excessively and technically abusing the sunrise period. more

Governments Changing Censorship Tactics as More Websites Adopt HTTPS

With websites and social media platforms moving from HTTP to secure HTTPs connections in recent years, a new degree of complication is affecting Internet censorship efforts around the world. more