Hopes for a cyber security bill reboot

US senators met at the beginning of May 2014 to start pushing a bill that allows “companies to share information that could help prevent cybersecurity attacks”. The bill is being pushed by Senate Intelligence Committee Chairwoman Dianne Feinstein, who wants companies to monitor their own network to locate cybersecurity threats. This new bill would grant companies legal protection for sharing such information.

Top 3 ways to get a Ferrari: Unusual cyber crime tactics

Believe it or not, a global organised crime gang has offered its associates a Ferrari for whoever comes up with the best cyber scam to lure in vulnerable victims. This unusual competition shows the lengths cyber crime gangs will go to recruit and retain young technological talent, and how much money is involved in this dark market.

Home Affairs Select Committee: ‘UK Losing the War on Cyber Crime’

Today the Home Affairs Committee published its report on e-crime, and the results didn’t make for pretty reading. The Committee Chair, Rt Hon Keith Vaz MP held no punches in his summation of the 10 month inquiry into e-crime:

Europe’s cyber Achilles heel

The Dutch hacker believed to be responsible for the world’s largest DDoS attack a few weeks ago has been arrested. Apparently he was caught 35km north of Barcelona in an orange van that doubled as a mobile computing office, (in my mind it’s like a  malicious Mystery Machine) remotely controlling his ‘cyber bunker’. Anyone outside […]

Chinese Hackers Target the White House

Hackers linked to the Chinese Government hacked into the White House Military Office, according to a report published by the Washington Free Beacon on Sunday. The White House commented that it had been targeted by a spear fishing attack however these attacks were not infrequent and that mitigation measures were in place.

UK Government warn UK board members and CEOs about cyber crime threat.

Today, the Government is issuing advice to British business leaders on how to protect themselves from cyber threats. Ministers and officials from communications intelligence agency, GCHQ will stress the importance of a more security-conscious culture for UK companies.

MI5 Warning Elevates Cyber Security to the Boardroom

According to a BBC News report published this morning, MI5 are working to counter ‘astonishing’ levels of cyber-attacks on UK industry. Jonathan Evans, MI5 chief, spoke of MI5’s efforts to tackle “‘industrial-scale processes involving many thousands of people lying behind both state sponsored cyber espionage and organised cyber crime”.

Flame: New cyber-attack described as an ‘Industrial Vacuum Cleaner for Sensitive Information’

A complex and targeted cyber-attack has been uncovered by Russian security firm, Kaspersky Labs. The malware (known as Flame) is believed to have been operating since August 2010 and is considered to be a state-sponsored attack.