cyberattack

China cyber-espionage threatens U.S., advisory group warns

Congress needs to take action to deflect the growing threat of Chinese cyber-espionage against the U.S., a U.S. commission recommends in a new report.

Released today, the 500-page annual report to Congress by the U.S.-China Economic and Security Review Commission details various security issues concerning China. But the commission expressed particular fear over the country's ongoing cyberwarfare efforts.

Calling China the "most threatening actor in cyberspace," the report found that in 2012, Chinese state-sponsored hackers continued to target computers systems run by the U.S. government and military as well those maintained in … Read more

Cyberattacks against Lockheed have 'increased dramatically'

Cyberattacks against Lockheed Martin -- one of the largest defense contractors for the U.S. government -- have stepped up significantly in both pace and savvy, according to Reuters.

"The number of campaigns has increased dramatically over the last several years," Lockheed vice president and chief information security officer Chandra McMahon said in a news conference today, according to Reuters. "The pace has picked up."

McMahon claims that roughly 20 percent of the attacks are being perpetuated by other countries or groups that aim to steal information or threaten the company's operations. She told reporters … Read more

SEC staffers leave computers open to cyber attack, report says

Staffers in the SEC's Trading and Markets Division left their computers totally unprotected from possible security attacks, forcing the organization to scramble to determine if any sensitive data was stolen, Reuters reported, citing unidentified sources with knowledge of the situation.

As it turns out, the trading and markets division is charged with ensuring that markets don't fall victim to cyberattacks.

Reuters also reports that the staffers attended the annual Black Hat Conference for hackers and brought the unprotected computers with them.

Soon after the security issues were identified, the SEC hired a third-party company and paid it "… Read more

Homeland Security chief: Banks 'under attack' by hackers

U.S. Homeland Security Secretary Janet Napolitano said today that hackers are "actively" attacking some of the country's largest financial institutions.

According to a report in The Hill, America's top security official issued the warning at a Washington Post event today, but didn't specify the nature of the attacks.

"Right now, financial institutions are actively under attack," The Hill quoted Napolitano as saying. "We know that. I'm not giving you any classified information... I will say this has involved some of our nation's largest institutions. We've also had our … Read more

Kaspersky builds its own antimalware OS -- but not for you

The folks at Kaspersky Lab are aiming to create their own secure operating system, but this one would run on industrial systems rather than your average home PC.

In blog posted today, company CEO Eugene Kaspersky confirmed the rumors of a new OS, describing the background behind the effort and hinting at the development process.

Cyberattacks present a growing and challenging problem for industries maintaining systems that must be powered on all the time. If a virus affects a computer at most companies, that computer can be unplugged from the network so as not to infect other devices, Kaspersky said. … Read more

Newly IDed 'MiniFlame' malware targets individuals for attack

A new form of state-sponsored malware is making the rounds, this one apparently designed specifically to spy on its victims.

Dubbed "MiniFlame" by Kapersky Lab, but also known as SPE, the new malware variant is similar to the Flame virus that targeted computers in the Middle East this past summer. But MiniFlame is a cyber espionage program that can take over where Flame leaves off.

As described by Kaspersky:

First, Flame or Gauss are used to infect as many victims as possible to collect large quantities of information. After data is collected and reviewed, a potentially interesting victim … Read more

Pre-emptive cyberattack defense possible, Panetta warns

The U.S. military has the ability to act pre-emptively when it detects an imminent cyberattack threat, Defense Secretary Leon Panetta said today.

During his first major policy speech on cybersecurity, Panetta echoed previous statements that the United States was facing the possibility of a "cyber-Pearl Harbor" perpetrated by foreign hackers, painting a grim portrait of the destructive power wielded by unnamed agents.

"A cyber attack perpetrated by nation states or violent extremist groups could be as destructive as the terrorist attack of 9/11," he said in prepared remarks during a speech at the Intrepid … Read more

Middle East cyberattacks on Google users increasing

Here we go again.

Three months after it first began warning users of state-sponsored cyber attacks, Google is saying that the assault has only intensified.

The New York Times reports that since it began warning users of state-sponsored attacks, "it has picked up thousands more instances of cyberattacks than it anticipated." Many of the attacks appear to be originating in the Middle East.

Starting on Tuesday, the company began inserting a message at the top of affected users' Gmail inboxes: "Warning: We believe state-sponsored attackers may be attempting to compromise your account or computer.

The attacks affect … Read more

Wells Fargo is latest bank to be hit by cyberattacks

Wells Fargo is the most recent mega-bank to be hit by a distributed denial-of-service attack. According to the Wall Street Journal, roughly 220 customers filed complaints of outages on its Web site today saying they had problems logging on.

"The amount of bandwidth that is flooding the websites is very large, much larger than in other attacks, and in a sense unprecedented," chief executive of private security firm CrowdStrike Dmitri Alperovitch told the Wall Street Journal.

Last week, similar attacks happened on J.P. Morgan Chase and Bank of America's Web sites. Users would try to log-on … Read more