Search Results for: cybersecurity

U.S. Senators introduce DHS Cybersecurity Bill to Protect ‘Dot-Gov’ Domain after breach

Staff Writer
Liquid Telecom

A bipartisan group of U.S. senators introduced legislation on Wednesday to give the Department of Homeland Security more authority to protect government Internet addresses in Cybersecurity bid. The goal is to prevent more cyberattacks like recent massive breaches at the government’s hiring office. Hacks targeting the Office of Personnel Management put the personal data of some 22 million Americans at risk and prompted the resignation of OPM chief Katherine Archuleta earlier this month. The cyberattacks prompted calls in Congress for huge improvements in monitoring and protection of government systems. Reports…

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Data Breaches: First half of 2015 saw venture firms invest $1.2 billion in cybersecurity startups

Staff Writer

Data Breaches Boost Funding for Cybersecurity Startups Extract: In the 2015 first half, venture firms invested $1.2 billion in cybersecurity startups, according to researcher CB Insights. That is down slightly from $1.4 billion a year earlier but up sharply from $771 million in 2013’s first half. The shift is particularly notable at Andreessen Horowitz, which used to view security companies as necessary for Internet safety but less lucrative than other technology niches. One reason is that cybersecurity startups were often acquired prior to an initial public offering, says Scott Weiss,…

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Is Quantum computing about to make big trouble for cybersecurity?

Staff Writer
Google

There is a race to build quantum computers, and (as far as we know) it isn’t the NSA that is in the lead. Competing are big tech companies such as IBM, Google, and Microsoft; startups; defense contractors; and universities. One Canadian startup says that it has already developed a first version of a quantum computer. A physicist at Delft University of Technology in the Netherlands, Ronald Hanson, told Scientific American that he will be able to make the building blocks of a universal quantum computer in just five years and a fully-functional demonstration machine…

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Why investors should be concerned about cybersecurity breaches

Staff Writer
Liquid Telecom

Major security breaches continue to hit headlines, as businesses are forced to shift from focusing on the imminent nature of threats to calculating their potential financial impact. Companies are investing billions of dollars in cybersecurity, but the average return on spending for security technology is only 14%. Every year the cost of a data breach continues to rise. In spite of this, investors and shareholders don’t react strongly to news of a breach. Target’s stock fell 11% after it revealed it was the victim of one of the largest breaches ever to…

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Russians Implicated In White House Hack After Obama Makes Cybersecurity Executive Order

Staff Writer

The same Russian hackers who breached the State Department system for months also gained access to an unclassifed White House computer system, according to a report from CNN. Although the system did not contain classified information, the Russians reportedly had access to the president’s private schedule. The connected cyberattack on the State Department in recent months has been characterized as the “worst ever” hack on a federal agency. The White House is no stranger to attacks from foreign spies. The Chinese have been implicated in several high profile attacks of White House unclassified systems and employee emails. News…

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White House: President Obama Announces New Cybersecurity Legislative Proposal and Other Cybersecurity Efforts

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Obama unveils cybersecurity proposals: ‘Cyber threats are urgent and growing danger’ Proposed legislation will allow companies to share information with government agencies including NSA, with which White House admitted there were ‘overlapping issues’ “In this interconnected, digital world, there are going to be opportunities for hackers to engage in cyber assaults both in the private sector and the public sector.  Now, our first order of business is making sure that we do everything to harden sites and prevent those kinds of attacks from taking place…But even as we get better,…

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Cybersecurity and Internet Governance

Staff Writer

Editor’s note: This brief is a feature of the Council of Councils initiative, gathering opinions from global experts on major international developments. Cybersecurity is now a leading concern for major economies. Reports indicate that hackers can target the U.S. Department of Justice or Iranian nuclear facilities just as easily as they can mine credit card data. Threats have risen as the Internet has become a critical infrastructure for the global economy, with thousands of operations migrating onto it. For example, the innocuous practice of bring-your-own-device to work presents mounting dangers…

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Internet Providers Persuade FCC Panel Against Cybersecurity Recommendations

WASHINGTON—Big Internet providers seem to have talked their way out of unwelcome new recommendations on cybersecurity. Danny Yadron has specifics of how Internet providers oppose proposed cybersecurity measures put forth by an FCC panel. Photo: Getty Images. An original draft of a report by an advisory panel to the Federal Communications Commission, viewed by The Wall Street Journal, endorsed a list of concrete suggestions for major telecommunications and cable companies to tackle the cybersecurity problem. Those measures—which included steps such as controlling which employees have administrative privileges on company networks—weren’t…

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HYAS Infosec Expands Global Reach with New South African Point-of-Presence

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HYAS Infosec announced the deployment of multiple Protective DNS resolvers in South Africa. This strategic expansion helps fortify a state-of-the-art infrastructure HYAS is building with Cyberrey, to provide enhanced protection against advanced cyber threats. The deployment of these new resolvers aligns with HYAS’s commitment to strengthening cybersecurity defences in critical regions where emerging threats are on the rise. The introduction of HYAS Protect Protective DNS in South Africa marks a significant step forward to empower organisations with proactive defence mechanisms that can detect, identify, and neutralise malicious activities before they…

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Cyber Day: A Celebration of Digital Innovation and Security

Staff Writer

Cybersecurity is still a male-dominated field, with ISC2 estimating in April 2024 that the percentage of women in the industry is roughly only 20-25%. Likewise, the report indicated that pay disparities continue to exist, particularly for women of colour working in the field. “This International Women in Cyber Day, it’s important to consider the barriers to entry for women in the industry,” says Camellia Chan, CEO and Co-founder, Flexxon. “Whilst a lot has been achieved to help girls and women forge a career in the sector, there’s still more to do.” September 1st 2024 marks IWCD. The initiative is designed…

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