Cybersecurity

American and British intelligence agencies on Tuesday were warned by the NDB, Switzerland's federal intelligence service, that some shared information related to counterterrorism had been stolen. Last summer, an NDB IT technician reportedly downloaded terabytes of data that had been shared between t...

Well, that was fast. About 24 hours after Sen. Harry Reid, D-Nev., said he would move to bring the once-failed Cybersecurity Act of 2012 to the Senate floor for a vote, its opponents shot it down again. Reid's procedural motion to move the bill forward was rejected 51-47 on Wednesday. The bill, intr...

Skype on Wednesday fixed a vulnerability that allowed users' accounts to be hijacked using the password reset process. The vulnerability was published two months ago on the Russian site Xeksec. Skype has fixed the problem by updating the password reset process. To exploit the vulnerability, all a ha...

SPOTLIGHT ON SECURITY

Stuxnet Spotted Stateside in Chevron Computers

Chevron was infected with the Stuxnet malware in 2010, the company revealed last week, raising concerns about the effectiveness of cyberweapons as a policy tool. Because of Stuxnet's design, it didn't do any damage to Chevron's computers, but the fact that a cyberweapon created to attack Iran's nucl...

Anonymous has been celebrating Guy Fawkes Day by engaging in various acts of mayhem online and turning out in person at sites across the globe to protest. Some of the reported hacks and other acts have turned out to be unsubstantiated. The attack claims include Symantec and ImageShack. PayPal also w...

Hackers are actively attacking some of the largest banks in the nation, U.S. Homeland Security Secretary Janet Napolitano warned this week. Napolitano declined to go into detail about the types of breaches or what kind of information -- if any -- had been taken. She brought up her concern about atta...

After a persistent series of attacks on its government computers by a Russian hacker, the Republic of Georgia got mad and refused to take it anymore. In a reversal of roles, members of the country's Computer Emergency Response Team suckered the cybermiscreant into downloading a file infected with hi...

Voters in Iceland have responded favorably to the government's offer to let them participate in drafting the nation's new constitution. The idea to let citizens chime in online, namely via Facebook and Twitter, was hatched by 25 people on the Constitutional Council, which was tasked with devising a ...

EXPERT ADVICE

Open Source Ammo for the SMB Security Arsenal

Technology professionals who work in and around SMBs know that sometimes bringing up information security in a smaller IT shop can be a tough sell. In many cases, SMBs feel that they don't present an attractive or large enough target for hackers to be interested in them. For example, a small communi...

TECH TREK

Apple Saves Swiss Clock Face

Apple has negotiated an agreement with Swiss railway operator SBB that will allow Apple to use the company's patented clock face design. SBB "politely complained" to Apple last month after noticing that a clock design on iOS 6 was lifted from SBB's design. SBB released a statement Friday saying that...

SPOTLIGHT ON SECURITY

Panetta Sounds Clarion Call for Cybersecurity Action

While U.S. Secretary of Defense Leon Panetta did some silicon saber-rattling last week by raising the prospect of a preemptive strike against cyberattacks, he also delivered a wake-up call to Wall Street and Congress about cybersecurity. Panetta's message to the business leaders gathered at a meetin...

Cisco Systems was among the "array" of American tech firms lobbying against Chinese telecommunications giants Huawei and ZTE. Huawei and ZTE -- which were recently dubbed security threats by the House Intelligence Committee -- were targeted in a lengthy "marketing campaign" designed to discredit Chi...

China's Ministry of Commerce is forcing Yihaodian, China's biggest food e-commerce site, to reorganize in the wake of Walmart's purchase of a 51.3 percent stake in the company. The anti-monopoly ruling will require that Yihaodian separate its business-to-consumer services at yihaodian.com from its t...

SPOTLIGHT ON SECURITY

Big Businesses Walloped With Climbing Cybercrime Costs

Cybercrime costs continued to climb in 2012 according to a report released Monday by the Ponemon Institute. The study of 56 large organizations showed that the average annualized cost of cybercrime for the businesses was $8.9 million a year compared to $8.4 million a year ago. Losses for the firms...

The European Union on Thursday launched a massive multinational security exercise to simulate a distributed denial of service attack on online services in all participating countries. A total of 25 EU countries are actively participating in the exercise and another four are observing it. About 400 c...

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