Michael Mimoso

Planned Cyberattacks on US Banks on Hold

Upwards of 30 major U.S. banks and financial institutions have been given a reprieve. The hacker behind a coordinated attack against giants such as Bank of America, Chase, Citibank, PNC, Wells Fargo and nearly two dozen other banks has called off the operation after media reports surfaced a month ago exposing the planned attacks.

Microsoft Update Includes Critical Security Update for IE 9, First Patches for Windows 8, RT

Microsoft released its monthly security updates today and put special urgency on a cumulative security update for Internet Explorer 9. Critical vulnerabilities were found in the way the browser handles objects in memory which could lead to an attacker remotely executing code. Victims would have to land on a website hosting an exploit, Microsoft said. The company said there are no public exploits for this vulnerability.


No CFO thinks that his signature approving a purchase order for a new five-figure piece of hardware could ultimately cost his company seven-figures, or maybe force them to shut their doors forever. But that’s the reality many companies need to face when it comes to supply chain security and risk management. Core IT equipment used inside most American companies is likely to be purchased from an American vendor. But most of the gear is built overseas, likely in Asia, where little oversight is offered into its construction and shipping.