In-brief: the FBI is warning the public to beware of business email compromise attacks, saying that they have cost U.S. businesses more than $1.6 billion in losses since 2013.
Hacks & Hackers
Estonia 10 Years Later: Lessons learned from the World’s First Internet War
In-brief: Gadi Evron recalls the denial of service attacks aimed at the government of Estonia in 2007 – one of the first recognized acts of ‘cyber war’ and a template for incidents that followed. Evron says there were many lessons in that incident – some of which the U.S. and its allies are still struggling to learn.
Update: Emboldened, Fancy Bear hacking crew targets French, German Politicians
In-brief: emboldened by media attention for its escapades in the U.S. Presidential election, the hacking crew known as “Fancy Bear” is targeting political parties in France as well as Germany, the firm Trend Micro reported on Tuesday – the latest evidence of meddling in foreign affairs. (Editor’s note: updated to add comment by Michael Sulmeyer, Director of the Cyber Security Project at Harvard University’s Belfer Center. PFR Apr 25 2017.)
Google Looks Beyond Passwords To Secure Data, Assets
In-brief: Google is pushing an approach to network security dubbed “tiered access,” demoting the trusted password, which is now just one piece of data that is needed to get access to sensitive data and resources on Google’s network.
Survey Finds Breaches depress Share Price – a lot | Digital Guardian
In-brief: a report by the firm CGI and Oxford Economics suggests the impact of breaches on the price of a company’s stock may be bigger than many expected, depressing the price investors pay for the stock by almost two percent.
