Cyberattack / News Briefs

UK Announces Additional £1.9 Billion in Cyber Security Funding

Chancellor George Osborne announces government plan to almost double its investment in cyber security initiatives over the next five years, spending an additional £1.9 billion. more»

United States and Britain to Conduct Financial Cyber-Security Test

U.S. and Britain plan to conduct a test later this month to assess how regulators for the world's two biggest financial centers in New York and London would communicate in the event of a major cyberattack or broader IT problems, a spokesman for British government cybersecurity body CERT-UK said on Monday. more»

Experts Propose Plan for More Secure Wi-Fi Devices

Over 260 global network and security experts have collectively responded to the newly proposed FCC rules laid out in ET Docket No. 15-170 for RF Devices such as Wi-Fi routers by proposing a new approach to improve the security of these devices. The letter warns FCC ruling will cause more harm than good and risk a significant overreach of the Commission's authority. more»

Obama, Xi Reach 'Common Understanding' on Curbing Cyber Espionage

resident Obama announced today that he has reached a "common understanding" with Chinese President Xi Jinping on curbing economic cyber espionage, but threatened to impose U.S. sanctions on Chinese hackers who persist with cyber crimes. more»

Apple App Store Hit With Major Cyberattack

Many of the most popular iPhone apps in China have been infected with malicious software in what researchers are calling the first major cyberattack on Apple's iOS App Store. According to multiple security research firms, numerous widely used apps such as mobile chat app WeChat, which boasts nearly 500 million active users, have been compromised. more»

U.S. and China Negotiating Cyeberwarfare Control Deal

United States and China are in negotiation to establish a cyberattack agreement, according to reports. If successful, it "could become the first arms control accord for cyberspace, embracing a commitment by each country that it will not be the first to use cyberweapons to cripple the other's critical infrastructure during peacetime," reports David Sanger in the New York Times. more»

Senior U.S. and Chinese Officials Conclude Four-Day Meeting on Cyber Security

Senior U.S. and Chinese officials concluded a four day meeting on Saturday discussing cyber security issues ahead of Chinese President Xi Jinping's visit to Washington later this month. more»

Hacking Increasingly Becoming a Physical Concern

If this past quarter's stories are any indication, we could very well be seeing the rise of a new wave of threats that will affect people in a more pronounced and physical level, reports Trend Micro in its Q2 Security Roundup Report. more»

Efforts to Curb Cyber Espionage Will Further Fragment Internet Regulatory Environment

Ahead of Chinese President Xi Jinping's visit to Washington at the end of September, the White House reportedly is ready to announce sanctions against Chinese entities allegedly involved in industrial espionage. more»

U.S. Preparing Sanctions Against Chinese Firms and Individuals over Cyberespionage

The Obama administration is developing a package of unprecedented economic sanctions against Chinese companies and individuals who have benefited from their government’s cybertheft of valuable U.S. trade secrets. The U.S. government has not yet decided whether to issue these sanctions, but a final call is expected soon, perhaps even within the next two weeks. more»

ICANN Website Breached, Passwords Obtained by an Unauthorized Person

Usernames/email addresses and encrypted passwords for profile accounts created on the public website have been obtained by an unauthorized person, the Internet Corporation for Assigned Names and Numbers announced Wednesday night. more»

US Army Site Hacked as Obama Vows 'Aggressive' Response to Cyberattacks

The US Army was forced to close down its official website yesterday after it was defaced by the Syrian Electronic Army hacker group. The news came as US President Barack Obama promised Washington will become more 'aggressive' in defending itself against cyber-attacks. more»

Record Number of Malware Variants Detected in Q4 of 2014, Retail/Service Most Targeted

During the 4th quarter of 2014, a record number of malware variants were detected -- an average of 255,000 new threats each day, according a recent report by Anti-Phishing Working Group (APWG). The group further reports that the number of unique phishing reports submitted to APWG during Q4 was 197,252 -- an increase of 18 percent from the 163,333 received in Q3 of 2014. more»

UK Power Grid Under Minute-by-Minute Cyberattack

A senior government figure says that the UK's power grid is under "minute-by-minute" attacks from computer hackers but information security experts aren't so sure. Conservative MP James Arbuthnot chaired the Defence Select Committee up until last year and said that the National Grid is facing cyberattacks every minute. He plans to visit the National grid next month to discuss the issue. more»

South Korea Receives Nuclear Plan Cyberattack Threats, Takes Emergency Measures

South Korea's nuclear operator and the energy ministry is keeping emergency teams on stand-by to the end of this year in case of any cyberattacks on nuclear plants as threatened by a hacker... The company and the ministry set up emergency teams on Wednesday after a hacker demanded the shutdown of three reactors by Thursday, threatening, in Twitter messages, "destruction" if not. more»