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Millions Hit in South Korea Cyber Attack

South Korea’s communications regulator announced yesterday authorities and online security analysts are assessing the damage caused by what is being described as the largest data breach in the country’s history.  SK Communications discovered earlier this week that malicious code was used to hack its sites, the Nate portal, the third most visited search engine and [...]

IBM announced today its collaboration with the University of Louisville on a joint project that helped double the school’s high-performance computing power. The updated supercomputer, nicknamed the Cardinal Research Cluster, will meet the university’s high capacity demands and enable university researchers to further develop ongoing projects. It is part of the school’s $1.8 million IT [...]

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The Federal Bureau of Investigation recently predicted cyber crime will become the agency’s top priority within the next few years. According to a report by Ohio’s WBNS-10TV, FBI Supervisory Special Agent Robert White said criminals are always finding new ways to exploit victims and businesses, which keeps the U.S. at risk. He explained the average [...]

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 Lockheed Martin announced this week its collaboration with industry and academia on the TechAmerica Foundation Cloud2 Commission Recommendations Report outlining a cloud computing adoption plan for the federal government. According to Lockheed Martin, the company worked with 70 other commissioners over a period of three months and collaborated on four areas of the report pertaining [...]

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The University of Nevada, Las Vegas announced recently that private information for approximately 2,000 current and former employees may have been compromised back in 2008. According to the university, the Office of Information Technology discovered what may have been unauthorized activity on a university desktop computer that  included names and social security numbers of approximately [...]

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Another alleged associate of international hacking groups Anonymous and LulzSec was taken into custody this week after officers from the Scotland Yard e-crime unit accused the Shetland man of acting as latter group’s spokesperson. The unnamed 18-year-old was taken in on charges of breaching the U.K.’s Computer Misuse and Criminal Law Acts. The accused teenager, [...]

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In the constantly evolving industry, IT experts are on the lookout for any innovations, trends or challenges that could potentially impact the future of their products. The growing number of cybersecurity threats targeting the private sector and federal government is resulting in the rapid emergence of new applications and services. When it comes to technology, [...]

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Officials from the Department of Homeland Security warned Congress yesterday that potential variants of the Stuxnet worm could threaten important U.S. infrastructures. Roberta Stempfley and Sean P. McGurk from the DHS’ Office of Cyber Security and Communications appeared before House members and stressed the importance of strengthened cybersecurity efforts across the federal government. They said [...]

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According to its earnings call released yesterday, EMC Corporation spent $66 million in the second quarter to combat a cyber attack that compromised its RSA security division. The company used a significant portion of the money for transaction monitoring for the company’s corporate customers following the attack. EMC also offered replacements to any company that [...]

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