Cybersecurity

Google Launches Project to Track Encryption Efforts - Both Internally and at Other Popular Sites

Google launched today a new effort to track the progress of encryption efforts - both at Google and on other popular websites. Google hopes the project will hold the company and others accountable to encrypt so as to enhance web safety and security.

Bangladesh Central Bank Governor Quits Amidst One of the Largest Cyber Heists

Bangladesh's central bank governor has resigned today amidst theft of $81 million from the bank's U.S. account, as details emerged in the Philippines that $30 million of the money was delivered in cash to a casino junket operator in Manila.

Head of UK Intelligence Agency Says Tech Companies Should Provide a Way Around Encryption

In a speech at the Internet Policy Research Initiative at MIT, British intelligence agency GCHQ director Robert Hannigan said Monday that law enforcement and intelligence officials want only targeted ways to stop what he called "abuse of encryption" by ISIS and other terrorists and criminals.

Repeat DDoS Attacks the Norm in Q4 2015, 24 Attacks per Target on Average

During Q4, repeat DDoS attacks were the norm, with an average of 24 attacks per targeted customer in Q4, reports Akamai in its newly released Q4 2015 State of the Internet - Security Report.

Approach IoT With Security in Mind, Says AT&T Chairman

By 2020, some 50 billion devices are expected to connect to the Internet and the economic value created by IoT could be worth as much as $11.1 trillion -- roughly 11% of the global economy by 2025, according to a new report released by AT&T.

Large Volume of DNSSEC Amplification DDoS Observed, Akamai Reports

A dramatic increase in DNS reflection/amplification DDoS attacks abusing Domain Name System Security Extension (DNSSEC) configured domains have been observed in the past few months, according to a security bulletin released by Akamai’s Security Intelligence Response Team (SIRT).

GNU C Library Found Vulnerable to Rogue DNS Server Attacks

Security experts from Google's Project Zero along with researchers from Red Hat, have identified and helped patch a security flaw in the GNU C Library (glibc) that could be exploited via rogue DNS servers, reports Catalin Cimpanu from Softpedia.

Obama Proposes $19 Billion for Cybersecurity in Final Budget Plan

President Obama is seeking a 35 percent increase in cybersecurity funding in his final budget to boost the capability of the federal government to defend itself against cyberattacks, reports Ellen Nakashima in the Washington Post.

Reported Cyberattack Against Israel Only Ransomware to Regulatory Body, Electric Grid Not In Danger

Ransomware via a phishing attack was sent to Israel Electric Authority, not the power grid, as was heavily reported in mainstream media today. According to a cyber analyst in Israel (Eyal Sela) the media reporting so far is misleading with regards to the context around the incident, reports Robert M. Lee of SANS Institute.

Israel Becoming a Go-To Place for Cybersecurity

A report released by IVC Research Center in advance of this year's annual Cybertech 2016, highlights how a tight interplay between industry, investors, and the government has turned Israel into a center of cybersecurity technology.

91.3% of Malware Use DNS as a Key Capability

Nearly 92 percent of malware use DNS to gain command and control, exfiltrate data or redirect traffic, according to Cisco's 2016 Annual Security Report. It warns that DNS is often a security "blind spot" as security teams and DNS experts typically work in different IT groups within a company and don't interact frequently.

Companies and Organizations Around the World Ask Leaders to Support Strong Encryption

Experts, companies and civil society groups around the world ask governments to support strong encryption -- and reject proposals that would undermine the digital security it provides.

U.S. Senators Introduce SEC Cybersecurity Disclosure Legislation

U.S. Senators Jack Reed (D-RI) and Susan Collins (R-ME) have introduced the bipartisan Cybersecurity Disclosure Act of 2015 on Thursday, a bill that seeks to encourage the disclosure of cybersecurity expertise, or lack thereof, on corporate boards at publicly traded companies.

Internet Root Servers Hit with Unusual DNS Amplification Attack

On Nov. 30 and Dec. 1, several of the Internet Domain Name System's root name servers received high rate of suspicious queries, reaching as high as 5 million queries per second, according to a report released by the Root Server System Advisory Council. The incident has been categorized as a unique type of DNS amplification attack.

UK Announces Additional £1.9 Billion in Cyber Security Funding

Chancellor George Osborne announces government plan to almost double its investment in cyber security initiatives over the next five years, spending an additional £1.9 billion.