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Report Estimates Cybercrime Taking $600 Billion Toll on Global Economy

Cybercrime is costing businesses close to $600 billion, or 0.8 percent of global GDP, according to a report released today by McAfee, in partnership with the Center for Strategic and International Studies (CSIS). more

SEC Reinforces and Expands Its Cybersecurity Guidance for Public Companies

The Securities and Exchange Commission has issued an updated guidance for public companies in preparing disclosures about cybersecurity risks and incidents. more

Botnets Shift Focus to Credential Abuse, Says Latest Akamai Report

Akamai's Fourth Quarter, 2017 State of the Internet, was released today in which it states that the analysis of more than 7.3 trillion bot requests per month has found a sharp increase in the threat of credential abuse, with more than 40 percent of login attempts being malicious. more

Microsoft, Facebook and Others Demand ICANN Take a Closer Look at Questionable Registrars

Adobe, Facebook, Microsoft and eBay are among a group of leading companies demanding ICANN to take a closer look at an "immediate and urgent matter" involving a subset of questionable domain name registrars. more

ICANN Spearheading Launch of Virtual DNS Entrepreneurship Center of the Caribbean

The Internet Corporation for Assigned Names and Numbers (ICANN) is spearheading an initiative to launch Virtual DNS Entrepreneurship Center of the Caribbean (VDECC). more

U.S. Government Officials Raise Concerns Over Intel's Long Delay Informing Government on Chip Flaws

Latest reports suggest Intel Corporation did not inform U.S. cyber security officials about the so-called Meltdown and Spectre chip security flaws until they were leaked to the public six months after Intel was notified about the problem. more

IPv6, 5G and Mesh Networks Heightening Law Enforcement Challenges, Says Australian Government

In a submission to the Joint Committee on Law Enforcement's inquiry into Impact of new and emerging information and communications technology, the Department of Home Affairs and Australian Criminal Intelligence Commission (ACIC) warn law enforcement will be degraded by a number of new technologies. more

Hackers Use Tesla's Amazon Cloud Account to Mine Cryptocurrency

Tesla's cloud environment has been infiltrated by hackers and used to mine cryptocurrencies, researchers have discovered. Other victims include Aviva and Gemalto. more

U.S. Lawmakers Moving to Consider New Rules Imposing Stricter Federal Oversight on Cryptocurrencies

Reuters reports today that several top lawmakers have revealed a "bipartisan momentum is growing in the Senate and House of Representatives for action to address the risks posed by virtual currencies to investors and the financial system." more

US Congress Considering Legislation to Authorize Faster Access to International Electronic Data

A legislation called, Clarifying Lawful Overseas Use of Data Act, or Cloud Act, was introduced on Monday by Congress aimed at creating a clearer framework for law enforcement to access data stored in cloud computing systems. more

Significant Changes Underway for Core Internet Protocols

Significant changes to the core Internet protocols are underway due to the increased necessity to overcome limits that have become apparent particularly with regards to performance. more

Vermont Governor 5th to Take a Stand Against Rollback of Net Neutrality Rules

Vermont Gov. Phil Scott is the latest state governor to take a stand against the FCC's rollback of net neutrality rules. more

Court Sides with FTC, Says AT&T Cannot Escape Jurisdiction of the Agency

California appeals court today gave Federal Trade Commission the green light to move forward with a lawsuit alleging that AT&T Inc was deceptive in slowing internet speeds to customers with unlimited plans. more

Berners-Lee Warns Rise of Dominant Platforms has Resulted in Weaponization of the Web at Scale

The World Wide Web turned 29 today and Sir Tim Berners-Lee, web inventor, has shared some stern warnings about the direction it is headed. more

FCC Announces Near $1 Billion Plan to Restore Broadband in Puerto Rico and the U.S. Virgin Islands

Federal Communications Commission Chairman Ajit Pai today proposed close to $954 million toward restoring and expanding communications networks in Puerto Rico and the U.S. Virgin Islands that were damaged and destroyed as a result of the 2017 hurricane. more

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