The security firm's research report, released today, predicts that cybercriminals and hacktivists are going to refine and "evolve" techniques and tools used not only to steal from our wallets, but also to take advantage of our personal data. Along with a likely rise in cyberattacks that take advantage of the explosion in mobile technology, McAfee warns of threats based on … Read more
The wave of distributed denial of service attacks that hit U.S. banks in October was next-to-nothing compared to what could happen if cybercriminals actually carry through with their plans for next year.
According to a report (PDF) released today by McAfee Labs, an impending attack on U.S. financial institutions -- dubbed Project Blitzkrieg -- isn't only a possibility, it's a "credible threat."
"McAfee Labs believes that Project Blitzkrieg is a credible threat to the financial industry and appears to be moving forward as planned," the report reads. "Although Project Blitzkrieg hasn'… Read more
The United States has been charged with launching a cyberattack against France -- a claim the U.S. government has categorically denied.
According to L'Express, a French news outlet, sources with knowledge of a cyberattack that occurred in May have said the U.S. was behind the attack. The news outlet claims that the attack occurred a few days before the country's presidential election and targeted "the team of [former French President] Nicolas Sarkozy."
L'Express' sources say the hackers worked their way through Sarkozy's team to attack his closest advisers. In order to climb … Read more
President Obama has long said cybersecurity is one of his priorities and it appears he is now acting on his words.
According to the Washington Post, he is said to have signed a secret policy directive last month that will give the military and other government authorities the ability to act quickly if the country comes under cyberattack.
Dubbed the "Presidential Policy Directive 20," this classified document allegedly outlines the rules of how federal agencies are allowed to react when it comes to online breaches of security, hacking, cyberthreats, and attacks.
One of the major elements of the … Read more
Congress needs to take action to deflect the growing threat of Chinese cyber-espionage against the U.S., a U.S. commission recommends in a new report.
Released today, the 500-page annual report to Congress by the U.S.-China Economic and Security Review Commission details various security issues concerning China. But the commission expressed particular fear over the country's ongoing cyberwarfare efforts.
Calling China the "most threatening actor in cyberspace," the report found that in 2012, Chinese state-sponsored hackers continued to target computers systems run by the U.S. government and military as well those maintained in … Read more
Cyberattacks against Lockheed Martin -- one of the largest defense contractors for the U.S. government -- have stepped up significantly in both pace and savvy, according to Reuters.
"The number of campaigns has increased dramatically over the last several years," Lockheed vice president and chief information security officer Chandra McMahon said in a news conference today, according to Reuters. "The pace has picked up."
McMahon claims that roughly 20 percent of the attacks are being perpetuated by other countries or groups that aim to steal information or threaten the company's operations. She told reporters … Read more
Staffers in the SEC's Trading and Markets Division left their computers totally unprotected from possible security attacks, forcing the organization to scramble to determine if any sensitive data was stolen, Reuters reported, citing unidentified sources with knowledge of the situation.
As it turns out, the trading and markets division is charged with ensuring that markets don't fall victim to cyberattacks.
Reuters also reports that the staffers attended the annual Black Hat Conference for hackers and brought the unprotected computers with them.
Soon after the security issues were identified, the SEC hired a third-party company and paid it "… Read more
U.S. Homeland Security Secretary Janet Napolitano said today that hackers are "actively" attacking some of the country's largest financial institutions.
According to a report in The Hill, America's top security official issued the warning at a Washington Post event today, but didn't specify the nature of the attacks.
"Right now, financial institutions are actively under attack," The Hill quoted Napolitano as saying. "We know that. I'm not giving you any classified information... I will say this has involved some of our nation's largest institutions. We've also had our … Read more
The folks at Kaspersky Lab are aiming to create their own secure operating system, but this one would run on industrial systems rather than your average home PC.
In blog posted today, company CEO Eugene Kaspersky confirmed the rumors of a new OS, describing the background behind the effort and hinting at the development process.
Cyberattacks present a growing and challenging problem for industries maintaining systems that must be powered on all the time. If a virus affects a computer at most companies, that computer can be unplugged from the network so as not to infect other devices, Kaspersky said. … Read more
A new form of state-sponsored malware is making the rounds, this one apparently designed specifically to spy on its victims.
Dubbed "MiniFlame" by Kapersky Lab, but also known as SPE, the new malware variant is similar to the Flame virus that targeted computers in the Middle East this past summer. But MiniFlame is a cyber espionage program that can take over where Flame leaves off.
As described by Kaspersky:First, Flame or Gauss are used to infect as many victims as possible to collect large quantities of information. After data is collected and reviewed, a potentially interesting victim … Read more