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Chinese National Charged in Alleged Conspiracy to Steal Patented Seeds from U.S. Companies

July 21, 2014 4:42 pm | News | Comments

Patented seed allegedly stolen from U.S. seed corn companies as part of what prosecutors say was a conspiracy involving seven employees of a Chinese agriculture biotechnology company to steal trade secrets could be worth as much as $500 million, federal prosecutors said last week.

All That Glitters is No Longer Gold:Shylock Trojan Gang Hit by Takedown

July 21, 2014 2:39 pm | by Symantec | Blogs | Comments

An international law enforcement operation has ...

New York Breaches Have Exposed 23 Million Private Records in Past Eight Years

July 15, 2014 10:29 am | by Michael Virtanen, Associated Press | News | Comments

Nearly 23 million private records of New Yorkers have been exposed in data security breaches...

Man Hacked Hundreds of Retail Businesses, Authorities Said

July 14, 2014 2:31 pm | by Associated Press | News | Comments

Authorities say a 30-year old Russian man recently arrested on bank fraud and other charges was...

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Weekly news and features for business continuity professionals

Video:The Critical Importance of Cyber Preparedness

July 14, 2014 8:56 am | Videos | Comments

Steve Ross, Executive Principal for Riskmasters Inc., discusses the importance of being prepared for interruptions caused by cyber attacks and why business continuity professionals should put more effort into planning for such attacks   

Germany, U.S. Concerned About Chinese Spying

July 7, 2014 4:14 pm | by Associated Press | News | Comments

German Chancellor Angela Merkel criticized industrial spying Monday while on a visit to China, which Germany and other governments have cited as a global center for economic espionage.  The United States and other governments complain China's military, a leader in cyber warfare, steals foreign trade secrets to help the country's vast state-owned industrial sector.

Hackers Target Major League Baseball Squad

July 7, 2014 3:29 pm | by Associated Press | News | Comments

The Houston Astros said Monday that they have been the victims of hackers who accessed their servers and published months of internal trade talks on the Internet.  The team is working with the FBI and Major League Baseball security to try who was responsible for the breach.

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Study Shows Impact of Credit Card Fraud

June 30, 2014 1:33 pm | by Associated Press | News | Comments

A global fraud study of more than 6,100 consumers across 20 countries revealed that one in four consumers is a victim of card fraud in the last five years.  Nearly 25 percent of consumers changed financial institutions due to dissatisfaction after experiencing fraud.

U.S. Wants to Resume Discussions on Hacking With China

June 30, 2014 10:38 am | by Matthew Pennington, Associated Press | News | Comments

The United States will urge China to resume discussions on cyber security that were abruptly suspended after the Americans charged five Chinese military officers with hacking into U.S. companies to steal trade secrets.  After the indictments against the five officers were unsealed in May, Beijing pulled the plug on the group that had been set up a year ago in what Washington.

Target Glitch Not a Data Security Issue

June 16, 2014 11:54 am | by Associated Press | News | Comments

Target Corp. said a glitch in its system caused delays at checkout registers at some of its U.S. stores but it wasn't due to a data security issue or a hacker. Customers across the country took to social media to report long check-out lines Sunday night due to registers not working.

Avalution Releases New Educational Video Series: Business Continuity Management 101

June 6, 2014 1:53 pm | by Avalution | Avalution Consulting | News | Comments

Avalution Consulting – a leading provider of business continuity consulting and software solutions – announced today the release of the Business Continuity Management (BCM) 101 educational video series. The six videos in BCM 101 provide straightforward answers to the most common business continuity-related questions

US Disrupts Hacking Schemes That Stole Millions

June 3, 2014 1:56 pm | by Joe Mandak, Eric Tucker, Associated Press | News | Comments

A band of hackers implanted viruses on hundreds of thousands of computers around the world, secretly seized customer bank information and stole more than $100 million from businesses and consumers, the Justice Department said Monday in announcing charges against the Russian man accused of masterminding the effort.

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China Calls On U.S. to Stop 'Unscrupulous' Spying

May 27, 2014 12:29 pm | by Associated Press | News | Comments

The report by China's Internet Media Research Center, cited Tuesday by the official Xinhua News Agency, mentioned media reports of former NSA contractor Edward Snowden's leaks and said a subsequent investigation by Chinese authorities "confirmed the existence of snooping activities directed against China."

Europe's Move to Rein In Google Would Stall in US

May 27, 2014 12:24 pm | by Martha Mendoza, Toby Sterling, Associated Press Writers | News | Comments

"The ruling has significant implications for how we handle takedown requests," Google spokesman Al Verney said. "This is logistically complicated, not least because of the many languages involved and the need for careful review. As soon as we have thought through exactly how this will work, which may take several weeks, we will let our users know."

Hacker Who Helped Feds To Be Freed From Prison

May 27, 2014 12:19 pm | by Associated Press | News | Comments

An admitted computer hacker who helped the FBI thwart hundreds of cyberattacks on government and corporate computer systems will be freed from prison. Hector Xavier Monsegur (HAH'-vee-ehr MAHN'-see-gur) was sentenced Tuesday in Manhattan to the time he already served — seven months.

US Charges Chinese Officials in Cyberspying Case

May 19, 2014 8:34 pm | by Eric Tucker, Associated Press | News | Comments

The hackers targeted big-name makers of nuclear and solar technology, stealing confidential business information, sensitive trade secrets and internal communications for competitive advantage, according to a grand jury indictment. "Success in the international marketplace should be based solely on a company's...

SanDisk Unveils Enterprise Security Software Providers for SanDisk X300s SSD Deployments

May 13, 2014 11:13 am | by SanDisk | News | Comments

SanDisk Corporation (NASDAQ: SNDK ), a global leader in flash storage solutions, today announced the inaugural members of its broad ecosystem of independent software vendors (ISV) for security management. This unique ecosystem provides SanDisk customers with fully certified solutions to ease the deployment...

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Despite Progress, Survey Reveals Common Obstacles for IT Leaders Remain

May 6, 2014 10:52 am | by Red Hat | News | Comments

The survey, commissioned by Red Hat through CIO Strategic Marketing Services /IDG Research Services polled 100 respondents at the IT director level and above at organizations with 1,000 or more employees about the current and future roles of CIOs. 

Target's CEO Out in Wake of Security Breach

May 6, 2014 10:41 am | by Anne D'innocenzio, AP Retail Writer | News | Comments

Gregg Steinhafel, who was also president and chairman, stepped down nearly five months after Target disclosed a huge pre-Christmas breach in which hackers stole millions of customers' credit- and debit-card records. The theft badly damaged the store chain's reputation and profits.

Avalution Snags Business Continuity Provider of the Year Award

April 21, 2014 12:37 pm | by Avaluation | News | Comments

The 2014 BCI North America Awards, held during the DRJ Spring World Welcome Reception, span 10 categories and recognize the outstanding contribution of business continuity professionals and organizations living in or operating in North America. Winners were chosen by a panel of BCI-appointed judges.

Health Care Site Flagged in Heartbleed Review

April 21, 2014 12:32 pm | by Julie Pace, AP White House Correspondent | News | Comments

People who have accounts on the enrollment website for President Barack Obama's signature health care law are being told to change their passwords following an administration-wide review of the government's vulnerability to the confounding Heartbleed Internet security flaw.

KnowBe4 Study Shows Maintaining Security Getting Much Harder For IT

April 15, 2014 9:19 am | News | Comments

Security is harder to maintain than it was a year ago according to a study done by KnowBe4. Ransomware, rapid technology advances and adoption of BYOD create a greater challenge for businesses to stay abreast of the numerous internal and external threats. 

Windows XP: A 'Bull's Eye' For Hackers

April 8, 2014 11:08 am | by BREE FOWLER, AP Technology Write | News | Comments

Microsoft is ending support for Windows XP, and the move could put everything from the operations of heavy industry to the identities of everyday people in danger. "What once was considered low-hanging fruit by hackers now has a big neon bull's eye on it."    

Target Taking A Hard Look At Security

April 1, 2014 10:25 am | by the Associated Press | News | Comments

A senior executive at Target Corp. told a Senate hearing Wednesday that the retailer is taking a hard look at security across its network and is strengthening its anti-virus tools in the wake of a massive data breach.     

Pentagon To Triple Cyber Staff To Thwart Attacks

April 1, 2014 10:22 am | by LOLITA C. BALDOR & PAULINE JELINEK, Associated Press | News | Comments

The Pentagon plans to more than triple its cybersecurity staff in the next few years to defend against Internet attacks that threaten national security, Defense Secretary Chuck Hagel said Friday.                                               

83% Of Businesses Not Fully Prepared For Online Security Incident

March 25, 2014 9:45 am | by Arbor Networks | News | Comments

Arbor Networks, Inc. has announced the results of a survey it sponsored with the Economist Intelligence Unit on the issue of incident response preparedness, a survey that includes responses from 360 senior business leaders.     

DMV: No Evidence Of Computer Breach

March 25, 2014 9:31 am | by the Associated Press | News | Comments

The California Department of Motor Vehicles said there's no evidence of a computer breach, but it's launching an investigation "out of an abundance of caution." The agency was alerted by law enforcement to a potential security breach within its online credit card processing systems.  

California Is Top Cybercrime Target In U.S.

March 21, 2014 12:29 pm | by DON THOMPSON, Associated Press | News | Comments

Along with trafficking in drugs, guns and people, criminals are also turning to cybercrime to target wealthy, innovative businesses and financial institutions in the state, the report by the state attorney general says.      

UK Holds Cyberwar Game In Churchill's WW2 Bunker

March 17, 2014 1:25 pm | by RAPHAEL SATTER, Associated Press | News | Comments

Under London's streets in Winston Churchill's World War II bunker, young techies are fighting a new kind of war. Dozens of amateur cyber security experts spent Friday racing to understand why Britain's banking network suddenly seemed to have gone offline. 

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