Jeffrey Burt reports: President Biden is warning Congressional Republicans that he will veto any attempts to overturn the Securities and Exchange Commission’s (SEC) new requirement for public companies disclosing cybersecurity incidents. In a brief policy statement this week, the White House said public companies not reporting cyberattacks that disrupt their operations not only harms investors who should…
Category: Of Note
INTERPOL-led operation targets growing cyber threats
Some 1,300 suspicious IP addresses or URLs have been identified as part of a global INTERPOL operation targeting phishing, malware and ransomware attacks. Operation Synergia, which ran from September to November 2023, was launched in response to the clear growth, escalation and professionalisation of transnational cybercrime and the need for coordinated action against new cyber…
FBI director to warn Congress of dangers Chinese hackers pose to American infrastructure, innovation
Robert Legare and Nicole Sganga report: Hackers backed by the Chinese government are targeting U.S. water treatment plants and electrical grids, strategically positioning themselves within critical infrastructure systems to “wreak havoc and cause real-world harm to American citizens and communities,” FBI Director Christopher Wray is expected to tell Congress Wednesday. “There has been far too little public…
US disabled Chinese hacking network targeting critical infrastructure
Christopher Bing and Karen Freifeld report: The U.S. government in recent months launched an operation to fight a pervasive Chinese hacking operation that successfully compromised thousands of internet-connected devices, according to two Western security officials and one person familiar with the matter. The Justice Department and Federal Bureau of Investigation sought and received legal authorization…
Russia Hit With Widespread Internet Outage Across Country
Bloomberg reports: Russia is facing a widespread internet outage that’s affected users across the country, with access to websites on the local .ru domain down. The issue was linked to a technical problem with the .ru domain’s global Domain Name System Security Extensions, or DNSSEC, which is used to secure data exchanged in internet protocol…
Attorney General James Sues Citibank for Failing to Protect and Reimburse Victims of Electronic Fraud
Imagine having a law on your side that actually helps you in the event your bank account is hacked or your funds are stolen by scammers, but the bank never tells you that you are protected by that law, and worse, does not comply with it. According to NYS Attorney General Letitia James, that’s pretty…