BITS, a financial services industry trade group has published a guide to malicious software and cyber crime that finds many industry attempts to fight the problem haven’t worked. The report calls on financial services firms to cooperate more in fighting malware.
In an initial hearing to discuss a proposed national data-breach notification bill on Wednesday, representatives and witnesses dissected the SAFE Data Act proposed by Rep. Mary Bono Mack and said that the legislation had a long way to go to be ready for prime time.
A laptop from the UK’s National Health Service (NHS) containing 8.6
million patient records has gone missing, prompting warnings from UK
authorities.
Over the weekend the Senate website became the latest in a growing line of individuals, groups, and websites targeted by a new collective of Internet mischief makers, Lulz Security.
With each new day bringing news of another intrusion at a high-profile company or government agency, lawmakers are considering a number of legislative responses to the problem, including a potential bill that would require companies to report breaches within 48 hours and establish penalties for companies that fail to do so.
Howard Schmidt has been the White House cybersecurity coordinator for nearly 18 months now, and in that time has helped develop and shape the Obama administration’s policies and thinking on cybercrime, online privacy and cybersecurity. In the second part of a recent interview with Threatpost editor Dennis Fisher, Schmidt discusses the national data breach bill, using offensive weapons online and the prospects of the National Strategy for Trusted Identities in Cyberspace.
In the wake of a report about vulnerabilities in its products, Siemens issued a patch for its Simatic S7 industrial controllers on Monday. ICS CERT, the Cyber Emergency Response Team for Industrial Control Systems, issued an alert advising Siemens customers to apply the patch.
This is the first part of a two-part Threatpost interview with Howard Schmidt, White House cybersecurity coordinator, about the challenges of
international cooperation, the proliferation of cybercrime and what can
be done to address those issues. Look for part two tomorrow.
The International Monetary Fund is the victim of a sophisticated, targeted attack that has compromised an unknown number of systems within the organization, Bloomberg reports.
The Department of Commerce’s Internet Policy Task Force released a proposal Wednesday calling for a voluntary code of conduct for companies that do business online.
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