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During a CBS Interview show " 60 Minutes ", The National Security Agency (NSA) officials claimed that China has developed a BIOS based malware that can remotely destroy any computer. Obviously NSA is struggling to repair its image and in an effort to justify their extensive Surveillance programs, The NSA Director General Keith Alexander and Information Assurance Director Debora Plunkett made a number of claims. During that interview NSA officials said that they had foiled a malware attack that could have taken down the U.S. economy. " One of our analysts actually saw that the nation state had the intention to develop and to deliver, to actually use this capability to destroy computers ," Plunkett said. They have mentioned that this malware was distributed via social engineering and targeted emails, although the NSA director mentioned that their researchers worked with computer manufacturers and able to close the respective vulnerability . " This is t

Yesterday at Stanford University in the United States, Cyber Security Experts and Leaders from more than 40 countries gathered to talk about the cyberspace security problems and cooperation among countries. The need for international cooperation in cybersecurity is evident, due to the nature of cyberspace itself. Cyberspace or the Internet is "borderless" in nature. Cai Mingzhao , Minister of the State Council Information Office of China said that China is keen to continue working with other countries to deal with cyber security Challenges. Interesting! When China is itself the culprit in major Cyber Threats and attacks. " To maintain cyber security, we need to strengthen international cooperation, " and " We are ready to expand our cooperation with other countries and relevant international organizations on the basis of equality and mutual benefit, " he said . He said that the China is a victim of cyber security breaches, where more than 80% of Chinese i

Over the past two years, a shocking  51% of organizations surveyed in a leading industry report have been compromised by a cyberattack.  Yes, over half.  And this, in a world where enterprises deploy  an average of 53 different security solutions  to safeguard their digital domain.  Alarming? Absolutely. A recent survey of CISOs and CIOs, commissioned by Pentera and conducted by Global Surveyz Research, offers a quantifiable glimpse into this evolving battlefield, revealing a stark contrast between the growing risks and the tightening budget constraints under which cybersecurity professionals operate. With this report, Pentera has once again taken a magnifying glass to the state of pentesting to release its annual report about today's pentesting practices. Engaging with 450 security executives from North America, LATAM, APAC, and EMEA—all in VP or C-level positions at organizations with over 1,000 employees—the report paints a current picture of modern security validation prac

It should be the busiest day of the year for your business, but your website has just disappeared off the Internet and orders have dried up. If this happens to you, then you likely just become yet another victim of a distributed denial of service (DDoS) attack . By now, everyone who uses the Internet has come across DDoS attacks . It is one of the oldest attack technologies on the web, and a popular way of paralyzing the huge data centers. Just yesterday we have reported about a massive 100Gbps DDoS attack that hit World's 3rd Largest Chinese Bitcoin exchange for 9 hours. Arbor Networks, a leading provider of DDoS and advanced threat protection solutions, today released data on global distributed denial of service (DDoS) attack trends for the first three quarters of 2013, revealed that this kind of attack still represents a serious menace for IT security communities.  The document provides an interesting overview into Internet traffic patterns and threat evolutio

The recent "disconcerting" reports that India was being spied upon by American intelligence agencies has opened an all new chapter in the cyber security space. The revelation that the Indian embassy in the US was among the list of 38 diplomatic missions which were being spied upon by American intelligence agencies, as per the latest top secret US National Security Agency documents leaked by the whistleblower Edward Snowden has raised questions like How much of liberty should the cyber space grant to maintain national security and at what cost?  So far, legality is the main rationale US officials have used to defend the government's PRISM spying program. It's all perfectly legal, approved by govt. and the courts, but a more potent argument might be just because something is legal doesn't necessarily make it a good thing. In the context of the recent findings and the debate that it has just drawn, The Hackers Conference 2013 will raise important questions on the th

It's time of stocktaking, principal security firm are proposing their analysis to synthesize actual situation on cyber security, 2012 is widely considered a year when the malware has increased significantly thanks to the contributions of various actors that we will analyze shortly. WebSense has published a new interesting study, 2013 Threat Report , that confirms an extraordinary growth of cyber threats, the data that most of all alert the security community is the increasing number of sophisticated attacks able to elude traditional defense mechanisms. The analysis revealed that technologies most exposed to cyber attacks continue to be mobile platforms and social media, internet is confirmed as primary channel for cyber menaces, let's consider in fact that number of malicious web sites grew nearly 600% and 85% are represented by legitimate web hosts. Another concerning phenomenon is the use of Email as vector for cyber menace, attackers consider this carrier as

When it comes to security, small and midsize businesses are largely unaware of the risks they face. Cybercrime is a serious problem which affects businesses of all sizes and can have devastating consequences. U.S. small businesses should understand they cannot completely remain safe from cyber-threats if they do not take the necessary precautions. Although such threats existed long before malware emerged, data theft, fraud and industrial spying are all now typically conducted through cyber-attacks. The picture painted is of an environment under siege, with an alarming 41% of businesses acknowledging themselves less than ready to face cyber-threats. Kaspersky Lab and B2B International recently conducted a survey among IT professionals working for large and medium-sized businesses to find out what IT specialists thought of corporate security solutions, to determine their level of knowledge about current threats, the sort of problems they most often face, and their ability to e