U.S. Air Force project threatened by cybersecurity cost overruns

Source: National Cyber Security – Produced By Gregory Evans The U.S. Air Force is learning a tough lesson when it comes to hardening its systems against cyberintrusions, primarily that the cybersecurity threat landscape changes faster than the military’s budgeting process. The Air Force’s Operational Control Segment (OCX) program, which oversees…

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Ukrainian hacker pleads guilty before U.S. judge in insider-trading case

A 28-year-old Ukrainian hacker pleaded guilty Monday, May 16, 2016, to taking part in a long-running international scheme in which yet-to-be published financial news releases were stolen and the information used in illegal trading that generated an alleged $30 million in profits, according to philly.com, a Philadelphia news portal. The…

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U.S. Steel seeking China import ban after alleged hacking

U.S Steel Corp. is asking the U.S. government to ban unfairly traded Chinese steel imports, alleging producers stole the fruits of decades of research in a 2010 hacking attack. If successful, the petition will block carbon and alloy steel produced in China from entering the United States. Most critically, it…

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