cyber security News

China Says Tech Firms Have Nothing to Fear From Draft Anti-Terror Law

China’s proposed anti-terrorism law will not affect the legitimate interests of technology firms, a top Chinese spokeswoman said Wednesday after U.S. President Barack Obama warned of its impact and demanded amendments. China’s proposals, which would require tech firms to provide …

It’s Easy to Get Hacked: Just Connect to Fraudulent Wireless Hotspots

If anyone attending the Mobile World Congress in Barcelona this week doubts how easy it is to hack smartphones and tablets, Filip Chytry and his team plan to set them straight. By hacking into their devices. Chytry’s company, Prague’s Avast …

China’s Draft Counter-Terrorism Law Alarms Foreign Technology Firms

China is weighing a far-reaching counter-terrorism law that would require technology firms to hand over encryption keys and install security “backdoors,” a potential escalation of what some firms view as the increasingly onerous terms of doing business in the world’s …

Barrage of Cyber Attacks Force Companies to Rethink Defense Strategies

A barrage of damaging cyber attacks is shaking up the security industry, with some businesses and organizations no longer assuming they can keep hackers at bay, and instead turning to waging a guerrilla war from within their networks. U.S. insurer …

Threat of Cyber Attacks Must Be Priority for Corporate Boards: KPMG

The threat of cyber attacks must be taken more seriously by corporate boards at Britain’s largest companies, according to a survey by KPMG LLP today. Less than 40 percent of board members in the FTSE 350 Index companies said they …

New York AG to Propose Legislation to Strengthen Data Security Law

New York Attorney General Eric Schneiderman will propose legislation on Thursday that he says would make the state’s data security law the strongest in the country and require “unprecedented safeguards” for personal data. Schneiderman’s proposal seeks to broaden the scope …

U.K. Power Grid Under Cyber-Attack Every Minute; Government Hikes Defenses

The U.K. government is one step ahead of hackers trying to turn off the country’s lights — for now. The prospect of cyber-attacks on the nation’s power network is major threat to the country’s security, according to James Arbuthnot, a …

Hackers Increasingly Target Banks, Corporations Instead of Consumers

Hackers are increasingly stealing directly from banks and other companies and helping organized crime to operate more efficiently, according to the chief of cyber-security firm Kaspersky Lab. Examples range from infecting cash machines to dispense all their money to thieves, …

Companies Should Assume Cyber Attackers Are Already Inside: McAfee

Companies seeking to shield valuable data from criminals and government spying should assume the attackers have already penetrated their systems and adjust defensive strategies, security firms McAfee and Symantec Corp. said. “You must assume something is going on and you …

Cyber Attacks, Drones Pose Threat to Plane Safety: Allianz

Cyber attacks and commercial drones pose a growing risk of commercial airplane crashes, a major insurer said, running counter to a long-term decline in fatal accidents and insurance premiums. Technical advances in aircraft design and navigation systems have reduced the …