23 Jul 2016

Ransomware Gang Claims Fortune 500 Company Hired Them to Hack the Competition

“Ransomware—computer viruses that lock a victim’s files and demand a payment to get them back—has become so common that experts believe it’s now an ‘epidemic.’ Security experts have always assumed that ransomware hackers are in it for the ransom. But a shocking claim made by one ransomware agent suggests there

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22 Jul 2016

China’s Secret Weapon in the South China Sea: Cyber Attacks

“Despite China’s great power aspirations, its cyber warriors threw a fit after losing a legal battle to the Philippines in The Hague. Within hours of the Permanent Court of Arbitration’s unanimous rebuke of China’s territorial claims in the South China Sea last week, at least 68 national and local government

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21 Jul 2016

Police get dead man’s finger 3D-printed to unlock his phone

“Michigan State University professor Anil Jain’s work focuses on how to make biometric signifiers like facial recognition as difficult to hack into as possible. But when police approached him to break into someone’s phone, they didn’t want backdoor access around security measures — they wanted him to 3D-print a dead

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21 Jul 2016

Hackers reportedly selling leaked terrorism watchlist

“An eerily detailed database containing a list of suspected and convicted criminals and terrorists is reportedly being sold online for 10 bitcoin (about $6,600) and 3.5 bitcoin ($2,300.) The database, colloquially known as ‘World-Check,’ is typically sold by Thomson Reuters to a wide variety of agencies in a bid to

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19 Jul 2016

Cyber ransom attacks panic hospitals, alarm Congress

“When the Obama administration pushed out a $35 billion incentive program to pay doctors and hospitals to convert to electronic records, the idea was to modernize the health care industry, not serve it up on a platter to cyber criminals.” Source: Cyber ransom attacks panic hospitals, alarm Congress – POLITICO

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19 Jul 2016

How DHS fell silent when a hack threatened the U.S. power grid

“A month after hackers blacked out power in western Ukraine, a team of U.S. security experts touched down in Kiev to piece together the extraordinary assault.” Source: SECURITY: How DHS fell silent when a hack threatened the U.S. power grid — Tuesday, July 19, 2016 — www.eenews.net

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19 Jul 2016

Is the Future of Cybersecurity in M&A?

“In 2015, Cybersecurity startups saw 332 funding deals with investments hitting the highest ever at $3.8 billion (235 percent growth over 5 years). New funds have been raised dedicated to this segment. What we’ve also seen is the increase in M&A. For 2015, there were 133 information security M&A deals,

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19 Jul 2016

How Satellites Will Enable Canada to Surveil the Arctic With Drones

“Canada and a slew of other countries are eyeing up the Arctic and the valuable resources it contains, and in the fight for sovereignty, surveillance is key. If the Canadian Armed Forces gets an upgraded satellite network in the north, it says that drones could send back more real-time information

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18 Jul 2016

Ukrainian Nationalists Claim Cyberattack On Polish Defense Ministry

“A group of hackers that associates itself with the Ukrainian far-right political party Right Sector claims it has gained access to the servers of Poland’s Ministry of Defence, from where the group alleges to have collected classified information.” Source: Ukrainian Nationalists Claim Cyberattack On Polish Defense Ministry

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17 Jul 2016

Taiwan bank ATMs spew out millions after hack

Hackers stole more than $2 million from an ATM network in Taiwan without using a bank machine card, leaving police searching for an explanation. Source: Taiwan bank ATMs spew out millions after hack

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