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Cybersecurity / News Briefs

British Organizations Could Face Massive Fines for Cybersecurity Failures

Organizations who fail to implement effective cybersecurity measures could be fined as much as £17 million or 4% of global turnover, as part of Britain's plan to prevent cyberattacks.

British Security Researcher Credited for Stopping WannaCry Is Charged in a U.S. Cybercrime Case

The 23-year-old British security researcher, Marcus Hutchins, who a few months ago was credited with stopping the WannaCry outbreak by discovering a hidden "kill switch" for the malware, is now reported to have been arrested by the FBI over his alleged involvement in separate malicious software targeting bank accounts.

U.S. Senators to Introduce IoT Security Bill

U.S. senators on Tuesday announced plans to introduce legislation seeking to address vulnerabilities in IoT devices.

‘Not the Best Time’ for Proposed Russia-U.S. Cyber Unit, Says NSA Chief

NSA chief, Mike Rogers during the annual Aspen Security Forum on Saturday, shunned the proposed Russia-U.S. cyber unit, stating "I would argue now is probably not the best time to be doing this."

U.S. Cyber Command to Split Off from NSA

The Unites States is finalizing plans to revamp the nation’s military command for defensive and offensive cyber operations in hopes of intensifying America’s ability to wage cyberwar against the Islamic State group and other foes, according to U.S. officials.

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.

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.

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.

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.

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.

Petya Ransomware Spreading Rapidly Worldwide, Effecting Banks, Telecom, Businesses, Power Companies

A large scale ransomware attack today is spreading rapidly worldwide, shutting down computers at corporates, power supplies, and banks across Russia, Ukraine, Spain, France, UK, India, and Europe and demanding $300 in bitcoins.

South Korean Banks Receive DDoS Threat from Hacker Group, Record Ransomware Payment Demanded

Various sources including South Korea's news agency Yonhap are reporting that a hacker group has threatened to launch a DDoS attack against seven South Korean banks unless they pay about 360 million won (US$315,000) in bitcoin.

Cisco Introduces Intent-Based Network That Can Learn, Adapt and Mitigate Threats

Cisco has launched an intent-based networking solution designed to be intuitive and adapt; a new approach claimed to be one of the most significant breakthroughs in enterprise networking.

Data on Nearly 200 Million Potential Voters in U.S. Found Fully Exposed

According to reports released today, databases containing information on close to 200 million potential U.S. voters were found unsecured and exposed to the Internet, allowing anyone to download it without a password.

Chinese Scientists Have Built First Quantum Network With No Danger of Being Decrypted

A paper published by researchers from the Chinese Academy of Sciences, reports a successful demonstration of satellite-based entanglement distribution to receiver stations separated by more than 1200 km -- the results illustrate the possibility of a future global quantum communication network.