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Threat Intelligence / News Briefs

UK Raises Cybersecurity Spending to $2.3 Billion

Britain's finance minister on Tuesday announced government's new five year National Cyber Security Strategy, almost doubling the funding from its 2011 plan to 1.9 billion-pound ($2.3 billion).

US DMCA Rules Updated - Now Legal to Hack Devices, Cars, Video Games, If Done in ‘Good Faith’

The U.S. government has released an updated version of the Digital Millennium Copyright Act (DMCA), adding a list of new exemptions that will protect cybersecurity professionals from prosecution over reverse-engineering of products for research purposes.

New Technique Detects and Eliminates Abusive Domains at Time of Registration

A team of researchers from Princeton University and the University of California has developed a machine-learning algorithm named PREDATOR that can accurately establish domain reputation at the time of domain registration.

Experts Concerned Over Looming Security Risks of Ultrasonic Cross-Device Tracking

In the upcoming Black Hat London presentation, security researcher from University College London, Vasilios Mavroudis and colleagues are going to describe and demonstrate the practical security and privacy risks that arise with the adoption systems enabled with ultrasonic cross-device tracking (uXDT).

No Apparent Financial or Political Motivation Behind Dyn DDoS Attacks, Says Intelligence Firm

In an after-action analysis of the Mirai botnet attacks on Dyn, business intelligence firm, Flashpoint has assessed with "a moderate degree of confidence" that the perpetrators behind the attack were most likely not politically motivated, and most likely not nation-state actors.

Amnesty International: Popular Mobile Apps Failing to Adopt Basic Privacy Protections

"Tech companies like Snapchat and Skype's owner Microsoft are failing to adopt basic privacy protections on their instant messaging services, putting users' human rights at risk," says Amnesty International.

U.S. Federal Government Response Too Slow to Friday’s Internet Attack, Warns Cybersecurity Official

"We often refer to the Cuyahoga River in Cleveland that caught on fire over 20 times before we actually did something to introduce the Clean Water Act," says Allan Friedman, the director of cybersecurity initiatives for the Department of Commerce's National Telecommunications and Information Administration (NTIA), in conference call on Monday.

U.S. Department of Transportation Issues Federal Cybersecurity Guidance to Automotive Industry

U.S. Department of Transportation issues Federal guidance to the automotive industry for improving motor vehicle cybersecurity. The guidance covers cybersecurity best practices for all motor vehicles, individuals and organizations manufacturing and designing vehicle systems and software.

Over 3.2 Million Debit Cards May Have Been Compromised, Says National Payment Corporation of India

A total of 3.2 million debit cards across 19 banks may have been compromised as a result of a suspected malware attack. The breach, possibly largest of its kind in India, was confirmed by the National Payment Corporation of India (NPCI) in a statement today.

US Banks Face New Demands by Regulators for Higher Cyber Risk Management Standards

U.S. bank regulators on Wednesday outlined cyber security standards meant to protect financial markets and consumers from online attacks against the nation's leading financial firms," Patrick Rucker reporting in Reuters.

British Banks Not Fully Reporting Cyber Attacks, Fear Punishment, Bad Publicity

"Britain's banks are not reporting the full extent of cyber attacks to regulators for fear of punishment or bad publicity, bank executives and providers of security systems say," reports Lawrence White in Reuters today.

US to Retaliate Russian DNC Hack, Will Hit Russia with “Proportional” Response

The White House on Tuesday vowed a 'proportional' response for Russian DNC Hack -- Intelligence officials say files were leaked to interfere with outcome of presidential election.

New Trojan Used in High Level Financial Attacks, Multiple Banks Attacked

Since January 2016, discreet campaigns involving malware called Trojan.Odinaff have targeted a number of financial organizations worldwide, warned Symantec Security Response team on Tuesday.

G7 Nations Set Cybersecurity Guidelines for Financial Sector

The Group of Seven industrial powers today announced an agreement on guidelines aimed at protecting global financial sector from cyberattacks amidst a series of cross-border bank thefts by hackers. Jason Lange from Washington reporting in Reuters.

Moscow Calls US Accusations of Russian DNC Hack “Unprecedented Anti-Russian Hysteria”

The Foreign Ministry in Moscow says U.S. accusations that Russia was responsible for cyber attacks against Democratic Party organizations lack any proof and are an attempt by Washington to fan "unprecedented anti-Russian hysteria".