Verizon Finds Financial Cybercrime Top 2012 Data Breach Type; David Small Comments
A new Verizon report says financially motivated cybercrime accounted for 75 percent of all data breaches in the world in 2012, followed by state-affiliated cyber espionage activities at 20 percent. The company analyzed 621 confirmed data breaches and more than 47,000 reported security incidents with help from 18 other organizations for the latest Verizon Data Breach [...]
Three South Korean television networks and two major banks were recently hacked prompting the country’s Army to raise its alert level, according to a Reuters article. An investigation into the attacks on TV networks YTN, MBC and KBS and the Shinhan and NongJyup banks is still underway. “We are now assessing the situation. This incident [...]
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The recent hacking allegations against China are potential distractions from the threat of corporate insiders stealing trade secrets and proprietary data, according to Kroll Advisory Solutions white paper released Tuesday. “If hackers can do this much damage from the outside, just imagine what the individuals with the keys to the kingdom are capable of,” said [...]
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Cyber attacks on U.S. corporations, organizations and government agencies are largely coming from a 12-story tower in Shanghai that is home to a Chinese army unit, a U.S. computer security firm says in a study. The New York Times reports Mandiant was not able to precisely place the hackers in the building, home to People’s [...]
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Potential security flaws of Apple’s iCloud service were recently exposed following the hacking of a Wired technology journalist’s account. Mat Hanon recounted details of the hacking that compromised his Twitter account and erased data on his Apple devices including a Macbook, iPad and iPhone. The hacker, a 19-year-old male who calls himself Phobia, said the [...]
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SRA International has spent the past few years helping develop a hardware-based system of security tools for the smart phones of its government customers. This week, it closed a transaction to sell its stake in the system’s application suite and send an engineering team to R&D partner KoolSpan. KoolSpan manufactures a chip that slides into [...]
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A water pump at a Springfield, Ill. utility failed Nov. 8. Usually this would be considered a technical difficulty, but this failure has raised eyebrows of the federal government. Joe Weiss, a cybersecurity expert, disclosed the incident on his blog Thursday and pointed the finger at foreign cyber attackers. Now the U.S. Department of Homeland [...]
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