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Hackers recently targeted the International Monetary Fund with a sophisticated cyber attack, whose impact remains unknown but has been described by a senior official as a “major breach,” The New York Times reported. The fund told its staff and its board of directors about the attack last Wednesday, but did not make a public announcement. [...]

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Although much of the recent buzz surrounding cyber attacks has highlighted the possibility of retaliation, the million-dollar question remains: How do you strike back when you do not know who your enemy is? “The simple answer is that you can’t, and the longer answer is that it’s really hard and will probably take more time [...]

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Securities and Exchange Commission Chairman Mary Schapiro will “seriously consider” issuing additional guidance detailing when public companies should notify the public about cybersecurity breaches, Reuters reports. “Although we are not aware that investors have asked for more disclosure in this area, I have asked the commission staff to provide me with a briefing on current [...]

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Following last week’s media reports that Google, Lockheed Martin, L-3 and Northrop Grumman had recently been targeted by hackers, aerospace giant Boeing has now admitted to being under  “continuous” cyber attack, although it has been spared from database breaches, a senior executive said. “We, as are other global enterprises, are under a continuous state of [...]

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An FBI investigation has been launched to determine whether the May 21 cyber attack on Lockheed Martin’s computers resulted from “poor hygiene, if nothing was infiltrated and nothing taken or something more,” a Pentagon official said. “The FBI has the lead because it’s a criminal activity,” Robert J. Butler, the deputy assistant secretary of defense [...]

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One of the nation’s largest defense contractors, Lockheed Martin (NYSE: LMT) this weekend announced its information systems network had been struck by a “significant and tenacious attack,” something experts say is just the tip of the iceberg of security issues in the web domain affecting both government and industry. The Bethesda, Md.-headquartered firm said in [...]

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South Korea plans to ramp up cybersecurity within the government to counter cyber attacks from its northern neighbor, AFP reports. Forty-five officials at 23 government agencies will be tapped to lead computer security and emergency planning in an effort to protect against continuous web-based attacks, a home affairs ministry official told AFP. South Korean prosecutors [...]

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The Norwegian security police have launched an investigation into a cyber attack that targeted military computers shortly after the Nordic nation joined the Libya air campaign in March, The Associated Press reports. Between 200 and 300 computers were targeted in the March 25 attack in which “carefully selected” staff received a fake email, seemingly sent [...]

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Israel’s Prime Minister Benjamin Netanyahu yesterday announced the stand up of a cyber command to protect the nation against cyber attacks on digital infrastructure and to boost the competitiveness of local industries specializing in high-tech security, Reuters reports. The new National Cybernetic Taskforce will have access to a budget of “hundreds of millions of shekels” [...]

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Thousands of emergency responders in Wisconsin are launching large-scale disaster drills that will cover a host of  scenarios ranging from cyber attacks to earthquakes, The Associated Press reports. Nearly 3,000 federal, state and local responders will participate in the exercises dubbed Vigilant Guard ’11 across nine sites around the state this week. Scenarios will include [...]

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