cybersecurity

Shamoon Virus Returns in New Saudi Attacks After 4-Year Hiatus

By Jim Finkle Dec 1 – A version of Shamoon, the destructive computer virus that four years ago crippled tens of thousands of computers at Middle Eastern energy companies, was used two weeks ago to attack computers in Saudi Arabia, according to U.S. security firms. CrowdStrike, Palo Alto Networks Inc and Symantec Corp. warned of

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Safeguarding Your Future

Five steps to preventing sensitive business data loss BY Mark Stevens While today’s data breaches may differ in terms of attack type and origin, they all produce the same result—significant data loss. Data is the lifeblood of most modern companies and the long-term negative impact on those who suffer breaches demonstrates just how serious the issue

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Access Denied

Bridging the gap between board governance and IT security teams BY Jim Jaeger Today’s cyber criminals are highly sophisticated and constantly morphing their methods and attacks, presenting new risks to the organization on a daily basis. Confronted with the real potential of financial loss, brand and reputation damage, loss of intellectual property, reduction in customer

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Network Security

BY Nicolai Solling The rise of networks’ security related incidents has in recent years brought the subject onto the forefront of IT discussions. Today, the ability to mitigate risks is even seen as a competitive edge, rated at the same level as cost. Simply put, the organizations which can operate their businesses flexibly in a

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Fed Records Show Dozens of Cybersecurity Breaches

By Jason Lange and Dustin Volz WASHINGTON, June 1 – The U.S. Federal Reserve detected more than 50 cyber breaches between 2011 and 2015, with several incidents described internally as “espionage,” according to Fed records. The central bank’s staff suspected hackers or spies in many of the incidents, the records show. The Fed’s computer systems

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SWIFT to Unveil New Security Plan After Hackers’ Heists

By Huw Jones and Tom Bergin LONDON, May 24 – The SWIFT secure messaging service that underpins international banking said it plans to launch a new security programme as it fights to rebuild its reputation in the wake of the Bangladesh Bank heist. The Society for Worldwide Interbank Financial Telecommunication (SWIFT)’s chief executive, Gottfried Leibbrandt

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Your Money Or Your Data

Ransomware viruses have been striking hospitals  and schools at an epidemic level BY Seung Lee The first wave of emotions, victims say, is a combination of panic and powerlessness. They click and reclick on files on their desktops—agendas for the Christian camp, payroll data for hundreds of teachers or medical information for veterans—to no avail.

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Cyber Attacks on Daesh Use Tools Others Also Have: U.S. Defense Chief

By Joseph Menn SANTA CLARA, May 11 – Cyber attack techniques used by the U.S.-led coalition against Daesh could also be used by other countries, U.S. Defense Secretary Ashton Carter said on Wednesday. Speaking in California, Carter told reporters that the U.S.-led coalition used electronic techniques to disrupt and degrade the jihadist force’s ability to

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When Mobsters Meet Hackers – the New, Improved Bank Heist

By Jeremy Wagstaff and Jim Finkle March 31 – No need for stocking masks and sawn-off shotguns. The unprecedented heist of $81 million from the U.S. account of Bangladesh’s central bank is the latest among increasingly large thefts by criminals who have leveraged the speed and anonymity of hacking to revolutionise burgling banks. Hundreds of

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