cyber attacks News

Cyber Experts Fear Escalation of Attacks

Cybersecurity professionals know a myriad of ways hackers can try to wreak havoc on critical infrastructure or infiltrate corporations to steal or spy, but it is the fear of the unknown that some say keeps them up at night. U.S. …

Cyber Attacks Against Wells Handled Well: CFO

Recent cyber attacks against Wells Fargo & Co were “pretty significant” but didn’t cause customer losses or a major increase in expenses, the bank’s Chief Financial Officer, Tim Sloan, told Reuters on Friday. The No. 4 U.S. bank by assets …

Cyber-Attacks New Disaster Threat for South Carolina

South Carolinians have dealt with the aftermath of war, earthquake and hurricanes and U.S. Sen. Lindsey Graham said Monday the state now needs to be prepared for another type of disaster – cyber-attacks. “A threat we’re not prepared for nearly …

Olympic Experts Sure They Can Repel Cyber Threats

Vital computer systems for London’s 2012 Olympic Games have come under repeated cyber-attacks – but only from hackers who were invited to join in thousands of hours of security tests. Atos, the lead technology company for the Summer and Winter …

CSC Forms Insurance Cybersecurity Advisory Council

CSC, a provider of technology-enabled services, announced the establishment of the Insurance Cybersecurity Advisory Council for life insurance and annuity providers and property/casualty insurers to facilitate the development of best practices and technology strategies that effectively mitigate the risk of …

Security Firm: Hackers Hit Chemical Companies

Cyber attacks traced to China targeted at least 48 chemical and military-related companies in an effort to steal technical secrets, a U.S. computer security company said Tuesday, adding to complaints about pervasive Internet crime linked to this country. The targets …

US Lawmaker Eyes McAfee Briefing on Cyber Attacks

A U.S. congresswoman on Wednesday requested more information on security company McAfee’s report detailing a five-year hacking campaign that breached 72 organizations globally. Representative Mary Bono Mack, chairman of the House Commerce subcommittee with jurisdiction over cybersecurity, said she was …

U.S. Cyber Arrests Seen Leading to More Hackers

The FBI’s arrest this week of 16 people who allegedly participated in high-profile cyber attacks is providing a treasure trove of information and will lead to further arrests, a U.S. law enforcement official told Reuters Thursday. The crackdown — on …

Better Laws Needed to Counter Cyber Attacks

Cyber criminals are outwitting national and international legal systems that fail to embrace technological advances, a top U.S. official said on Friday, demanding a cross-border campaign to combat the security threat. “Most countries don’t even have a legal framework that …