A 33 year-old Chinese man pleaded guilty in U.S. Federal Court to stealing proprietary source code used by the U.S. Federal Reserve to help track billions of dollars in government transfers that occur daily, according to a report by Reuters.
The White House revealed today a set of initiatives it plans to use as part of its public-private partnership to combat increasingly disruptive networks of infected computers known as botnets.
UPDATE: Are the winds of cyber war blowing, or is the newly discovered Flame worm just a tempest in a teapot? Just days after it was disclosed to the public, the Flame worm is fanning the flames of controversy within the security world. Threatpost takes a look at what people are saying.
Let us stipulate that governments of all political affiliations are trying to steal information from one another. This is called espionage and it has been happening for thousands of years and the only things that have changed are the tactics and the technology. The discovery of the Flame malware–which looks to be the digital equivalent of a spy’s black bag–doesn’t change any of this, but it does raise one big question, and that is not who is writing tools like Flame, but who isn’t?
The Department of Homeland Security Is Offering Organizations That Use Industrial Control Systems advice or mitigating the effects of cyber attacks. Among the agency’s recommendations: hold on to data from infected systems and prevent enemies from moving within your organization.
A bill before the New York State Assembly would essentially ban anonymous comments on New York-based Web sites.
The US State Department has launched a digital campaign against Al Qaida in which they are replacing the terror organization’s anti-American propaganda ads on Yemeni tribal sites with anti-terror propaganda of their own, according to an Associated Press report.
An Armenian court sentenced a 27-year old Russian man to four years in jail this week following his conviction in connection with the infamous Bredolab botnet that infected 30 million computers over the last few years.G. Avanesov, later identified as Georgy Avanesov by several media outlets, was officially sentenced for committing computer sabotage by the Court of First Instance of Armenia’s Arabkir and Kanaker-Zeytun administrative districts Monday.
Hacktivists, malware, scams, data theft and DDoS attacks are among the Department of Homeland Security’s concerns regarding this summer’s Olympic Games set to take place in London, according to the DHS Cybersecurity and Communications Integration Center’s Strategic Outlook.
There’s an old saying that all things end badly or else they wouldn’t end. It sounds nice, but it’s not necessarily true. Plenty of things simply end. The useful career of the Police, Man Vs. Food and highway A1A all ended without any catastrophic effects or gnashing of teeth. Now, with the end of Howard Schmidt’s career as White House cybersecurity coordinator nearing its end, much will be made of what he did or didn’t accomplish in his time in government service. That’s a fun parlor game to play, but the most important aspect of Schmidt’s time in Washington is the simple fact that he answered the bell when no one else would.
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