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

APT: The Cancer Within

Unless you have a team employing the latest proactive threat-hunting techniques, the stealthy Advanced Persistent Threat (APT) hiding in your network can pass by completely unnoticed. There are as many definitions of APT as experts writing about the topic, so let's boil it down to the simple essentials: APTs are usually implanted and maintained by a team of malicious actors with the intention of living long term in your network while extracting valuable private information. more

“Net Neutrality” Protects New Monopolies from Old

Over the next decade which companies do you think will be better able to exercise monopoly power? Amazon, T&T, Comcast, Facebook, Google, Regional phone companies, or Verizon? If you'd asked me this question in 2000, I would've picked AT&T, Comcast, Verizon, and regional phone companies. They are part of local duopolies for wired infrastructure. more

CENTR Awards to Include Best Domain Name Registry as Chosen by Registrars

CENTR, the body which represent of European domain registries, will be holding its annual awards again this year. What's different for 2017 however is that they've added a new category: "Registry of the Year Award" ... And unlike with the other award categories, this one is open for voting to the registrar channel. The online voting or ranking is open now and is open to registrars who have a direct relationship with the registries. 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

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

Do Trade Names Qualify as Trade Marks for Purposes of the UDRP?

Naming is the first imperative. It precedes the launching of new lives as much as it does new businesses. Names secure a presence, and for businesses in the marketplace names can grow into trademarks, if they function like one. Are we not sometimes made aware that not all names are equally distinctive, and that some of them are distinctly commonplace? 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