- US Court Sentences Russian Lawmaker’s Son to 27 Years in Jail for Hacking
April 21, 2017
The son of a prominent Russian lawmaker was sentenced on Friday by a US federal court to 27 years in prison after being convicted of stealing millions of US credit card numbers and causing some $170 million in damages to businesses and individuals. This sentence is so far the longest sentence ever imposed in the United ...
- Improved cyber security for General Election after Russian hacking scandal
April 21, 2017
Cyber security chiefs are to give fresh guidance to protect the general election from being disrupted by hackers. Just weeks ago, Ciaran Martin, chief executive of the National Cyber Security Centre, briefed political party bosses on how they can defend their organisations from online attacks. They were given an overview of threats, case studies on recent cyber ...
- Hong Kong to tighten cyber security rules after broker hacks
April 20, 2017
Hong Kong plans to toughen information security rules after a series of embarrassing hacks at the city’s brokers, the securities regulator said on Thursday. The draft rules would likely include requirements for two-step authentication for account log-in and for brokers to notify clients when a transaction had been made, a Hong Kong Securities and Futures Commission ...
- Hackers Dump 1.7 Million Snapchat User Data on Dark Web
April 18, 2017
Anonymous Indian hackers are taking revenge on Snapchat’s CEO and claim to have leaked a database containing the credentials of 1.7 million users. The hackers are particularly upset after Evan Spiegel,Snapchat CEO, reportedly made a rather nasty remark regarding expansion plans. According to claims that emerged last week as an ex-employee filed a lawsuit against the ...
- Hajime worm battles Mirai for control of the Internet of Things
April 18, 2017
A battle is raging for control of Internet of Things (IoT) devices. There are many contenders, but two families stand out: the remains of the Mirai botnet, and a new similar family called Hajime. Hajime was first discovered by researchers in October of last year and, just like Mirai (Linux.Gafgyt), it spreads via unsecured devices that ...
- Why cybersecurity needs more attention from business leaders
April 10, 2017
As businesses have become more dependent on technology, their exposure to cybersecurity threats increases – driving a need for boards and senior management to understand the risks. Cybercrime has grown so much that the Office for National Statistics (ONS) recently began including it in official figures. In 2016, a report from the National Crime Agency found ...
- Symantec Links Espionage Group to CIA via Tools Exposed by WikiLeaks
April 10, 2017
Symantec announced that it had connected at least 40 attacks across 16 countries where tools obtained and exposed by WikiLeaks via the Vault 7 revelations about CIA’s espionage tactics were used. In a lengthy report, Symantec talks about a highly organized group they named Longhorn and which they linked to all these attacks. While stopping short ...
- Shadow Brokers Group Releases More Stolen NSA Hacking Tools & Exploits
April 8, 2017
A hackers group that previously claimed to have stolen a bunch of hacking tools (malware, zero-day exploits, and implants) created by the NSA and gained popularity last year for leaking a portion of those tools is back. Today, The Shadow Brokers group released more alleged hacking tools and exploits that, the group claims, belonged to “Equation ...
- Inside the murky world of hackers for hire
April 8, 2017
Shortly after Christmas, 2011, Ruby Nealon sold the Nintendo Wii games console his mother had bought him to fund an Open University course in computer software. He was 11 and it was the start of his unconventional education as a computer prodigy, which led him to drop out of school and start a full time degree ...
- Finance firms to spend more on security as concern over cyber crime soars
April 5, 2017
Over 80pc of financial services firms plan to pump cash into cybersecurity this year, almost double that of last year as fears over cyber attacks swell. Corporate adviser Duff & Phelps, which analysed 200 executives in Europe, Hong Kong and the US, said 86pc of financial services firms intend to spend more time and money on cybersecurity this year. That’s a significant increase on last year, ...