NEWS & ANALYSIS

U.S. Banks Lose Big to Cyberthieves

Cyberthieves have stolen hundreds of millions of dollars from banks by hacking into ATM machines and electronically forging transfers, an FBI agent told Reuters yesterday.

Witnesses Call for Better Information Security from Federal Government

Government officials and information security experts discussed the federal government's ability to protect its sensitive information from data breaches and cyberattacks at a congressional hearing yesterday.

Cyber “Chain of Trust” to Fight Malware

Three cybersecurity groups announced today they will team up to fight malware’s growing threat to computer networks, reports ComputerWorld.com.

McAfee Launches Cybercrime Unit

McAfee has launched a new online center to help consumers and small businesses diagnose, remediate, and report cybercrimes.

Dept. of Transportation: Air Traffic Control Systems Have Been Hacked

Hackers have breached air traffic control (ATC) systems multiple times, a report conducted by the Department of Transportation informed the Federal Aviation Administration.

Intelligence and National Security Industry Group Recommends Cyber Czar

Another industry group has recommended that the White House appoint a cabinet-level cybersecurity official to lead the effort to secure the nation’s critical infrastructure from cyberattacks

U.S. Government Must Use Procurement Power to Get Cybersecurity "Baked In," Expert Says

During a congressinal hearing today exploring a national strategy for cybersecurity, a noted cybersecurity expert appealed for the federal government to use its procurement strength to force vendors to deliver safer IT systems.

Pentagon to Establish Cyber Command

Command would share mission with NSA and DHS; report follows news of hacks on the nation's electrical grid and on networks related to the military's new Joint Strike Fighter.

Data Breaches Make 2008 a "Chaotic Period" for Businesses, Says Report

In just 90 confirmed data breaches in its case load last year, 285 million records were compromised, reports Verizon Business RISK Team in its 2009 Data Breach Investigations Report.

Associated Press: Cyberespionage Threatens Everyone

As the news spreads that Chinese and Russian cyberspies have dropped malicious software inside the networks that run the U.S. electric grid, the Associated Press has an article that reads like a threat assessment for cyberespionage.
 




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