03 Sep 2015

Government Will Actually Spend $330 Million to Protect Victims of the OPM Hack

“Federal officials announced Tuesday they had awarded a $133 million contract  to provide identity-theft protections to the 21.5 million federal employees and contractors affected by the hack of background investigation files stored by the Office of Personnel Management. But the true cost of the contract will actually be well more

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02 Sep 2015

Over 225K Jailbroken iPhones Compromised by Chinese Malware

“Nearly a quarter of a million iPhones have fallen victim to a piece of Chinese malware distributed through a third-party app store for jailbroken devices. ‘KeyRaider,’ as security researchers at Palo Alto Networks have dubbed it, was installed as part of tools downloaded by a large community of Chinese Apple

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27 Aug 2015

Pentagon unveils data breach rules for defense contractors

“The Pentagon is rolling out long-awaited rules governing how the defense industry should report cybersecurity incidents. The regulations, published in the Federal Register on Wednesday, require contractors and subcontractors to report ‘cyber incidents that result in an actual or potentially adverse effect’ on either the contractor’s information system and data,

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27 Aug 2015

ISIS hacker who exposed troops’ personal info killed in drone strike

“The cyber hacker affiliated with the Islamic State Hacking Division, responsible for exposing the personal information of hundreds of U.S. military and government personnel, has been killed in a drone strike. The Wall Street Journal reports that Junaid Hussain, also known as Abu Hussain al-Britani, was killed by a U.S.

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25 Aug 2015

FTC has power to police cyber security: appeals court

“A U.S. appeals court said the Federal Trade Commission has authority to regulate corporate cyber security, and may pursue a lawsuit accusing hotel operator Wyndham Worldwide Corp of failing to properly safeguard consumers’ information.” Source: FTC has power to police cyber security: appeals court | Reuters

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25 Aug 2015

Ashley Madison puts $377,000 bounty on hackers’ heads

“Amid reports that the Ashley Madison security breach may have led to suicides and extortion plots, Toronto police and the affair-arranging website are upping the ante to catch the hackers responsible for the embarrassing leak of users’ information. To increase the chance of that happening, Ashley Madison’s parent company, Avid

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24 Aug 2015

The IRS Spent $2.7 Million on a Tool That Shelled Out $39 Million to Crooks

“The return on investment for what the Internal Revenue Service reports to be a $2.7 million government system that allows citizens to obtain previous year tax returns, so far, looks to be about negative $42.7 million. The ROI could fall deeper into the red, based on revelations about a breach

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21 Aug 2015

Russia And China Have A Cyber Nonaggression Pact

“On May 8, the Russian Federation and the People’s Republic of China signed a bilateral agreement on cooperation in the field of international information security. The treaty, which some have dubbed a ‘nonaggression pact’ for cyberspace, details cooperative measures both governments pledge to undertake, including exchange of information and increased

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19 Aug 2015

FBI tries to recruit hackers as cyber special agents

“The annual Black Hat conference in Las Vegas was a place for hackers and cybersecurity professionals to compare ideas and tactics of the trade but it was also an opportunity for the government to tap a pool of talented cyber skills. Government agencies are scrambling to bring top IT and

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19 Aug 2015

Chinese Arrest 15,000 in Cybercrime Sweep

“Police in China said on Tuesday they arrested about 15,000 people for crimes that ‘jeopardized Internet security,’ as the government moves to tighten controls on the Internet. Since taking over in 2013, President Xi Jinping has led an increasingly harsh crackdown on China’s Internet, which the Communist Party views with

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