The controversial Cyber Intelligence Sharing and Protection Act (CISPA) passed with bipartisan support by a 248-168 vote in the U.S. House of Representatives last night, despite warnings from privacy experts and a growing public outcry.
A German court ruled earlier this week that victims of phishing scams, and not banks, are responsible for money lost in online scams.
Car maker Nissan became the latest high profile firm to acknowledge being hacked. The company issued a statement last week saying that it detected a virus infection on its network that resulted int he theft of employee login credentials from a company data store.
UPDATE: Security researchers are warning about the risk posed by an embarrassing security hole in industrial control software by the firm RuggedCom. A hidden administrative account could give remote attackers easy access to critical equipment that is used to manage a wide range of critical infrastructure, including rail lines, traffic control systems and electrical substations.
The Obama Administration joined the Cyber Intelligence Sharing and Protection Act (CISPA) debate yesterday when a senior State Department advisor told The Guardian that the White House opposed the controversial bill.
In what looks like the IT equivalent of the Deepwater Horizon oil spill disaster, purloined data and documents, including source code belonging to the U.S. software firm VMWare, continue to bubble up from the networks of a variety of compromised Chinese firms, according to “Hardcore Charlie,” an anonymous hacker who has claimed responsibility for the hacks.
The dollar-value of online criminal activity conducted by the Russian mafia and other criminal organizations doubled in 2011, according to a new report from the Russian security firm Group-IB.
Data from the Massachusetts Office of Consumer Affairs & Business Regulation (OCABR) shows that 3.2 million residents – almost half the population of the state- have been the victim of a data breach in the last four years.
A long list of security, networking and computer science experts have signed a letter sent to lawmakers on Monday, asking them to drop support for CISPA and other proposed cybersecurity bills because they consider the measures overly broad and say they would infringe on users’ privacy and civil liberties. The group, which includes Bruce Schneier, Peter Neumann and others, said the bills’ focus on allowing the sharing of users’ traffic with government agencies would “unnecessarily trade our civil liberties for the promise of improved network security.”
The Iranian Oil Ministry has acknowledged that a virus outbreak has compromised servers and Web sites used by the Ministry, but denies that any non-public data was exposed.
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