Cybersecurity

EU Launches First European Public-Private Partnership on Cybersecurity, Plans $2B Investment

The European Commission has launched a new public-private partnership on cybersecurity expected to trigger €1.8 billion ($2B) of investment by 2020.

Documentary Balmes Israel for Stuxnet Malware Failure

Oscar-winning documentarian Alex Gibney's "Zero Days" -- coming out on Friday -- investigates the story of the classified Stuxnet attack on Iran by the US and Israel.

Google’s Project Zero Team Discovers Critical Vulnerabilities in Symantec and Norton

"These vulnerabilities are as bad as it gets," says Google's Information Security Engineer, Tavis Ormandy, in reference to multiple critical vulnerabilities discovered affecting Symantec, a popular vendor in the enterprise security market.

US Ramping Up to Defeat Terrorism Online

Obama administration is ramping up its efforts to fight terrorism -- "How the US is working to defeat ISIS online" Kristina Wong reprots today in the Hill: "Driving the effort is the recently set up Global Engagement Center, housed at the State Department but led by retired Navy SEAL Cmdr. Michael Lumpkin, a former top Pentagon official."

Brexit v. EU: Cybersecurity Stakes too Hight for UK to Take an Isolationist Approach

Michela Menting, Research Director at ABI Research sharing a cybersecurity perspective amidst Brexit aftermath: "It is likely that the UK will continue in a similar direction as the rest of the EU with regards to cybersecurity and cybercrime. However, there may be a dampening impact on the country with regards to the skills pool."

NASCAR Team Pays Ransomware Fee to Recover Its Critical Files

NASCAR team Circle Sport-Leavine Family Racing (CSLFR) disclosed today a ransomware infection incident that took place in April and nearly caused losing access to critical files worth about $2 million.

GCIG Releases Final Report, ‘One Internet’

Monika Ermert reporting in the IP Watch: "On the eve of the third internet-related Ministerial Meeting of the Organisation for Economic Development and Cooperation (OECD) starting tomorrow in Cancun, Mexico, the Global Commission on Internet Governance (GCIG) published a think report on 'One Internet.' Calling for a new 'social compact' for the internet, the 140-page report that was fed by 50 research studies has a number of well-known recommendations, some surprisingly technical and some interesting ones."

Neustar Announces Intention to Separate Into Two Independent and Publicly Traded Companies

This move will allow the company to separate its call routing services for telecom carriers from its marketing and security related services. Additionally the company has indicated that the latter unit, that is marketing, security, and data services, will be rebranded.

Nearly 1 Million IP Addresses Used by Attackers on a Single Target

According to a recent report by Akamai, an analysis of massive Account Takeover (ATO) attack campaigns, targeting two of its customers, revealed 1,127,818 different IPs were involved in the attacks.

Corporate Email Phishing Scams Result in $3.1B Loss, Near 1300% Increase in 18 Months

Total number of Business Email Compromise (BEC) related crimes have reached epidemic levels, at nearly $3.1 billion in losses and involving 22,143 victims worldwide since January 2015, according to a new FBI report.

Cisco Issues Hight Alert on IPv6 Vulnerability, Says It Affects Both Cisco and Other Products

Cisco today released a high-level alert warning about a vulnerability in IPv6 packet processing functions of multiple Cisco products that could allow an unauthenticated, remote attacker to cause an affected device to stop processing IPv6 traffic, leading to a denial of service (DoS) condition on the device.

Fed Records Indicate Over 50 Cybersecurity Breaches Since 2011, Some Flagged as “Espionage”

The cybersecurity reports, which represent only a slice of all cyber attacks on the Fed, were obtained by Reuters through a Freedom of Information Act request.

IPv6 Will Change the Face of Email Filtering, Says Report

Data solutions provider Return Path has released a new report highlighting 20 visionary ideas for brands to "futureproof" their email program. Among various insights, the report warns brands that adoption of IPv6 will result in rising dependency on domain-based reputation.

Security Firm Recovers Over 272 Million Stolen Credentials from a Collector

The latest discovery came while researchers at a security firm found a young Russian hacker bragging in an online forum that he had collected and was ready to give away a far larger number of stolen credentials that ended up totalling 1.17 billion records, Reuters reports.

Cybercriminals Continuing to Exploit Human Nature, Increasing Reliance on Ransomware, Study Finds

Cybercriminals are continuing to exploit human nature and relying on familiar attack patterns such as phishing, and increase their reliance on ransomware, where data is encrypted and a ransom is demanded, according to Verizon 2016 Data Breach Investigations Report released today.