Category Archives: News

Bitcoin Is as Legit as Paypal Now, in at Least One Country

Dec 14, 2012
News

Bitcoin, the occasionally frightening virtual currency that doesn’t believe in government regulation, just got itself some. One of its exchanges, Bitcoin-Central, has received approval from France’s government to operate as a payment service provider there, PayPal-style. With that relationship comes some insurance protection that should help get people trusting Bitcoin again. Before …

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U.S., RUSSIA, OTHER NATIONS NEAR AGREEMENT ON CYBER EARLY-WARNING PACT

Dec 13, 2012
News

The United States, Russia and other members of a powerful international assembly as early as Friday could finalize an agreement to warn each other about governmental cyberspace activities that may be misconstrued as hostile acts to avert international conflicts. Delegates to the 57-member Organization for Security and Cooperation in Europe, …

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Tumblr Hack: 4 Security Reminders For SMBs

Dec 12, 2012
News

Following GNAA’s defacing of several thousand Tumblr blogs, take these security reminders to heart — especially if you use popular publishing platforms. The ease and speed with which anyone with anyone can create a website these days can be a great thing, especially for smaller businesses short on resources or …

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Sophisticated botnet steals more than $47M by infecting PCs and phones

Dec 11, 2012
News

Intercepts SMS messages from bank, defeating two-factor authentication. A new version of the Zeus trojan—a longtime favorite of criminals conducting online financial fraud—has been used in attacks on over 30,000 electronic banking customers in Europe, infecting both their personal computers and smartphones. The sophisticated attack is designed to circumvent banks’ use of …

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Pentagon directive targets fakes parts, software vulnerabilities in arms systems

Dec 10, 2012
News

A new Pentagon directive is calling for new safeguards against fake parts and software vulnerabilities in arms and information systems. The mandate, which took effect Nov. 5, is likely to bring new momentum to funding of technology to protect military supply chains. Signed by Teresa Takai, defense chief information officer, and …

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Clueless officials hamper cybersecurity law-making

Dec 07, 2012
News

Governments need to determine the purpose of any proposed cybersecurity law and what problems it is supposed to address before approving the legislation. Those that fail to do so will experience backlash from their citizens, which is something countries such as the Philippines and India are going through. Dan Auerbach, …

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Huawei opens cybersecurity testing centre in UK

Dec 06, 2012
News

Chinese telecoms company Huawei has opened a cybersecurity testing centre in Banbury to certify its products for use in the UK’s critical national infrastructure. CESG, which is a part of government intelligence agency GCHQ, will oversee the testing process at the Cyber Security Evaluation Centre, which opened on 24 November, Huawei …

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White House draft cyber order adds changes to mollify tech industry

Dec 05, 2012
News

The White House has incorporated changes into its draft cybersecurity executive order that attempts to smooth over concerns raised by the high tech industry. The latest set of edits come after White House officials have met with the various tech trade associations and the influential U.S. Chamber of Commerce over …

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Samsung to issue firmware fix for printer security flaw

Dec 04, 2012
News

IDG News Service – Samsung Electronics will close a security hole in the firmware of some of its printers by issuing an update on Friday, and said they could be protected by disabling SNMP. The affected printers have a backdoor administrator account hard-coded in their firmware that does not require authentication …

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CyberCity’ Faces Its First Attacks Next Month

Nov 30, 2012
News

Military cybersecurity experts next month will undertake a mission to protect the six-foot-by-eight-foot NetWars CyberCity scale model just off the Jersey Turnpike that has its own hospital, cybercafe, bank, and power plant, from its first round of cyberattacks. CyberCity is the brainchild of Ed Skoudis, director of NetWars CyberCity and …

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