Tag: cyber security

North Korea laying groundwork for massive hack attack to the South

North Korea laying groundwork for massive hack attack to the South

Written by on June 13, 2016 in News with 0 Comments

SEOUL (Reuters) – North Korea hacked into more than 140,000 computers at 160 South Korean firms and government agencies, planting malicious code under a long-term plan laying groundwork for a massive cyber attack against its rival, police in the South said on Monday. South Korea has been on heightened alert against cyber attacks by the […]

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Cyber security investment dries up

Cyber security investment dries up

Written by on February 24, 2016 in News with 0 Comments

SAN FRANCISCO/BOSTON (Reuters) – The U.S. cyber security industry, once one of the hottest targets for venture capitalists, is now grappling with a funding slump that has forced some startups to sell themselves or cut spending. Amid widespread concerns about cyber attacks and data breaches, hundreds of security startups have sprung up in recent years, […]

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Security vendor expects slower spending in cyber security

Security vendor expects slower spending in cyber security

Written by on February 12, 2016 in News with 0 Comments

(Reuters) – FireEye Inc forecast a bigger-than-expected loss for the first quarter and said it expected growth in cyber security spending to slow this year. Shares of FireEye, which reported smaller-than-expected fourth-quarter revenue, fell 3.4 percent in after-hours trading on Thursday. FireEye Chief Executive Dave DeWalt said sales across the industry were boosted by “emergency […]

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Stealthy malware warning puts US retailers on alert

Stealthy malware warning puts US retailers on alert

Written by on November 24, 2015 in News with 0 Comments

BOSTON (Reuters) – U.S. retailers are hunting for evidence of new breaches leading into the holiday shopping season after a cyber intelligence firm privately warned them about payment-card-stealing malware that it said evades almost all security software. “This is by far the most sophisticated point-of-sale malware seen to date,” said Maria Noboa, lead technical analyst […]

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Arrest of second teenager for TalkTalk hack, security stocks rise

Arrest of second teenager for TalkTalk hack, security stocks rise

Written by on October 30, 2015 in News with 0 Comments

LONDON (Reuters) – British police said on Friday they had arrested a second teenager in connection with a cyber attack on broadband provider TalkTalk. London’s Metropolitan Police said the 16-year old boy had been arrested at an address in west London on Thursday and was later released on bail. On Monday, police arrested a 15-year-old […]

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Cyber security bill CISA passes the Senate

Cyber security bill CISA passes the Senate

Written by on October 28, 2015 in News with 0 Comments

WASHINGTON (Reuters) – The U.S. Senate easily passed legislation (CISA) on Tuesday aimed at bolstering the country‚Äôs cyber defenses, advancing the first serious attempt in Congress to combat computer hacks that have hit a growing number of businesses and government agencies in recent years. The bill, which would expand liability protections to companies that choose […]

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Senate set to adopt data sharing proposals

Senate set to adopt data sharing proposals

Written by on October 27, 2015 in News with 0 Comments

WASHINGTON (Reuters) – Sharing of computer data on cyber threats between the private sector and U.S. government would increase under legislation expected to win Senate approval on Tuesday despite objections of privacy advocates who fear excessive government surveillance. Two related measures won approval in the House of Representatives earlier this year and must be reconciled […]

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Even after pact, cyber attacks will escalate, says spy chief

Even after pact, cyber attacks will escalate, says spy chief

Written by on September 30, 2015 in News with 0 Comments

WASHINGTON (Reuters) – The top U.S. intelligence official said he was skeptical that a new U.S.-China cyber agreement would slow a growing torrent of cyber attacks on U.S. computer networks, adding that his approach will be to “trust but verify.” Director of National Intelligence James Clapper told the Senate Armed Services Committee on Tuesday that […]

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Pentagon designing cyber ‘scorecard’ to stay ahead of hackers

Pentagon designing cyber ‘scorecard’ to stay ahead of hackers

Written by on September 18, 2015 in News with 0 Comments

NATIONAL HARBOR, Md. (Reuters) – The U.S. Defense Department is building a massive, electronic system to provide an overview of the vulnerabilities of the military’s computer networks, weapons systems, and installations, and help officials prioritize how to fix them, the deputy commander of U.S. Cyber Command said on Thursday. Air Force Lieutenant General Kevin McLaughlin […]

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Cisco routers under attack, hackers harvesting data

Cisco routers under attack, hackers harvesting data

Written by on September 15, 2015 in News with 0 Comments

FRANKFURT (Reuters) – Security researchers say they have uncovered previously unknown attacks on routers which direct traffic around the Internet, allowing hackers to harvest vast amounts of data while going undetected by existing cyber security defenses. The attacks replace the operating system used in network equipment from Cisco, the world’s biggest maker of routers, the […]

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