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The IT threat landscape has changed dramatically over the last three-four years. With no shortage of threat actors, from hacktivists to nation-states, criminals to terrorists, all of them are now after something new. It's no more just about stealing your money, credit cards and defacing websites, as now they are after the intellectual property, mass attacks and most importantly, our critical infrastructures. We have long-discussed nightmare scenarios of cyber attacks against nation's critical infrastructure, but now these scenarios have come to the real world, and we have seen many such incidents in the past years. The latest example is cyber attacks against Ukrainian power grid . Just two weeks back, Ukraine's national power company Ukrenergo confirmed that electricity outage on 17-18th December last year was caused by a cyber attack. Such sophisticated cyber attacks have revealed the extent of vulnerabilities in the systems that are operating the most critic...

On Saturday, the Senior Administration Officials cast light on the subject of Internet Security and said President Obama has clearly decided that whenever the U.S. Intelligence agency like NSA discovers major vulnerabilities, in most of the situations the agency should reveal them rather than exploiting for national purpose, according to The New York Times . OBAMA's POLICY WITH LOOPHOLE FOR NSA Yet, there is an exception to the above statement, as Mr. President carved a detailed exception to the policy " Unless there is a clear national security or law enforcement need, " which means that the policy creates a loophole for the spying agencies like NSA to sustain their surveillance programs by exploiting security vulnerabilities to create Cyber Weapons. After three-month review of recommendations [ PDF-file ], the Final Report of the Review Group on Intelligence and Communications Technologies was submitted to Mr. Obama on last December, out of which one of the recommendation on pa...

" Cyber China ", from Operation Aurora to China Cyber Attacks Syndrome Security Expert, from  Security Affairs  -  Pierluigi Paganini takes us on a visit to China via The Hacker News January Edition Magazine Article and makes us wonder just how influential China's hacking is on world internet security. Read and decide for yourself : When we think of China in relation to cyber warfare, we imagine an army of hackers hired by the government in a computer room ready to successfully attack any potential target. China is perceived as a cyber power and ready to march against any insurmountable obstacle using any means. In this connection we read everything and its opposite, and we are ready to blame all sorts of cyber threat to the Country of the Rising Sun. The truth, however, is quite different, at least in my opinion, and understands that the Chinese people before others have understood the importance of a strategic hegemony in cyber space. However, many doubts are ...

About a third of the FBI agents working on cyber investigations lack the networking and counterintelligence expertise to investigate national security intrusions, the Justice Department's inspector general concluded in a new report. The report said the FBI's practice of rotating agents among different offices to promote a variety of work experiences hinders the ability to investigate national security cyber intrusions. The inspector general's audit, based on interviews of 36 agents in 10 offices, emphasized the need for a strong cyber security work force in federal government "is more urgent than ever," said Sen. Susan Collins, the top Republican on the Senate Homeland Security and Governmental Affairs Committee. The FBI has a comprehensive instructional plan in place that includes 12 core courses an agent must take along with on-the-job training. According to the inspector general's report, many agents said training was helpful but that they did not have the time to take the req...

The landscape of cybersecurity in financial services is undergoing a rapid transformation. Cybercriminals are exploiting advanced technologies and methodologies, making traditional security measures obsolete. The challenges are compounded for community banks that must safeguard sensitive financial data against the same level of sophisticated threats as larger institutions, but often with more limited resources. The FinServ Threat Landscape Recent trends show an alarming increase in sophisticated cyber-attacks. Cybercriminals now deploy advanced techniques like deep fake technology and AI-powered attacks, making it increasingly difficult for banks to differentiate between legitimate and malicious activities. These developments necessitate a shift towards more sophisticated and adaptive cybersecurity measures. Take these industry statistics, for example. Financial firms report 703 cyberattack attempts per week.1 On average, 270 attacks (entailing unauthorized access of data, appl...

It's not a mystery, every nation is worried of the level of security of its infrastructure, the United States are among the most concerned governments due the high number of cyber-attack against its networks. US Government representative such us former States Secretary of Defense Leon Panetta and Secretary of Homeland Security Janet Napolitano warned in more than one occasion on the possible consequences of a cyber offensive and declared the necessity to improve the cyber capabilities of the country.  Senators are interested to evaluate the level of protection of nuclear stockpile of foreign governments against cyber attacks, question has been raised after that Pentagon's chief cyber officer admitted to ignore if countries such as Russia or China have adopted efficient countermeasures. Nelson and Armed Services Committee Chairman Sen. Carl Levin, D-Mich. will request to national intelligence an assessment about the ability of foreign states to safeguard networked ...

Internet #Censorship : CISPA - Newest Cyber Security Bill If you download and distribute copyrighted material on the Internet, or share any information that governments or corporations find inconvenient, you could soon be labeled a threat to national security in the United States. That's the aim of a bill in Congress called the Cyber Intelligence Sharing and Protection Act (CISPA). The good news is that SOPA and PIPA haven't come to pass, but the bad news is that they could be followed by a bill that is even more invasive and could violate even more of your civil liberties. According to a press release issued last week, the bill already has over a 100 congressional co-sponsors. Yet the bill is only now beginning to appear on the public radar. CISPA would let companies spy on users and share private information with the federal government and other companies with near-total immunity from civil and criminal liability. It effectively creates a 'cybersecurity' exemption to all ex...

⚠️ Imagine this: the very tools you trust to protect you online—your two-factor authentication, your car's tech system, even your security software—turned into silent allies for hackers. Sounds like a scene from a thriller, right? Yet, in 2024, this isn't fiction; it's the new cyber reality. Today's attackers have become so sophisticated that they're using our trusted tools as secret pathways, slipping past defenses without a 🔍 trace. For banks 🏦, this is especially alarming. Today's malware doesn't just steal codes; it targets the very trust that digital banking relies on. These threats are more advanced and smarter than ever, often staying a step ahead of defenses. And it doesn't stop there. Critical systems that power our cities are at risk too. Hackers are hiding within the very tools that run these essential services, making them harder to detect and harder to stop. It's a high-stakes game of hide-and-seek, where each move raises the risk. As these threats grow, let's dive ...

The Revolution from Cyber Terrorist attack to Indian Cyber Security Cyber attack has put our lives in danger every second. The cyber attacks are becoming the root cause of the mishappenings around us every other day. As the next generation wars are increasing depending on robust and secure information systems networks, it is imperative for a country to invest in building a reliable infrastructure. As the next generation wars are increasing depending on robust and secure information systems networks, it is imperative for a country to invest in building a reliable infrastructure. Increasing attacks on cyberspace in India has brought several professionals and experts from the Industry, in support with the last week, India's Defense Minister, AK Antony,   announced   an additional $1.3 Billion will be invested in the project making the grand total to a $3.1 Billion.  It is observed that many Electronic Notification is usually sent before a major terrorist attack, fol...

China has accused the U.S. National Security Agency (NSA) of conducting a string of cyberattacks aimed at aeronautical and military research-oriented Northwestern Polytechnical University in the city of Xi'an in June 2022. The National Computer Virus Emergency Response Centre (NCVERC) disclosed its findings last week, and accused the Office of Tailored Access Operations ( TAO ), a cyber-warfare intelligence-gathering unit of the National Security Agency (NSA), of orchestrating thousands of attacks against the entities located within the country. "The U.S. NSA's TAO has carried out tens of thousands of malicious cyber attacks on China's domestic network targets, controlled tens of thousands of network devices (network servers, Internet terminals, network switches, telephone exchanges, routers, firewalls, etc.), and stole more than 140GB of high-value data," the NCVERC  said . According to the U.S. Department of Justice ( DoJ ), Northwestern Polytechnical Unive...

The U.S. Department of Justice (DoJ) yesterday revealed charges against two Chinese nationals for their alleged involvement in a decade-long hacking spree targeting dissidents, government agencies, and hundreds of organizations in as many as 11 countries. The 11-count indictment , which was unsealed on Tuesday, alleges LI Xiaoyu (李啸宇) and DONG Jiazhi (董家志) stole terabytes of sensitive data, including from companies developing COVID-19 vaccines, testing technology, and treatments while operating both for private financial gain and behalf of China's Ministry of State Security. "China has now taken its place, alongside Russia, Iran and North Korea, in that shameful club of nations that provide a safe haven for cyber criminals in exchange for those criminals being 'on call' to work for the benefit of the state, [and] to feed the Chinese Communist party's insatiable hunger for American and other non-Chinese companies' hard-earned intellectual property, includ...