RISE IN SNOOPING ‘COULD FRAGMENT THE INTERNET

      The rising threat of cyber crime and government espionage could force countries to run their own private internets, according to security firm Kaspersky.   CEO Eugene Kaspersky said that such a move would stifle the development of IT projects andcut the resources of global firms including Google, Cisco Systems…

read more

New cyber bill builds on DHS efforts

  New cybersecurity legislation aimed at protecting critical infrastructure would codify and strengthen a number of the Department of Homeland Security’s current programs, including some that are focused on information sharing and cyber incident response. Leaders of the House Homeland Security Committee unveiledcybersecurity legislation on Dec. 11 that targets the financial, energy, IT,…

read more

Global Exchanges Forge Cyber Security Alliance Against Hackers

  Under siege by hackers, global financial exchanges announced plans on Thursday to team up by forming the industry’s first cyber security commission aimed at protecting global capital markets. Financial exchanges have giant cyber bull’s eyes on them as they represent an opportunity for financially-motivated hackers and ideologically-driven hacktivists alike. Disrupting trading on a major exchange…

read more

Generation Y security attitudes ‘putting companies at risk

  ESET’s survey found that 38% of those aged 18 to 30 do not believe that their companies have cyber security policies, and 30% know one exists, but don’t know what it is. Young employees’ attitudes to data are also cause for concern: 50% believe that it is the sole responsibility…

read more

Malaysian Authorities Arrest Dozens in Cybercrime Sweep

  KUALA LUMPUR, Malaysia—In an early Friday swoop, Malaysian authorities arrested dozens of foreigners for alleged cybercrimes, the third operation of the year aimed at curbing online fraud and scams. The operation, code named Tiong, underscores the government’s current drive to combat a spike in Internet-related crime in the emerging Southeast…

read more

CYBER CRIMINALS NOW TARGETING DATABASE CLOUD SERVICES

  Cyber Criminals are adopting Database as a Service (DBaaS) platforms in the cloud for targeted attacks instead of more traditional ways, according to a report from network security firm Imperva. Hackers had infected 330 machines with malware using a banking Trojan during five days in June, the latest Hacker Intelligence Initiative report revealed….

read more