In our latest Security Ledger Podcast we talk about Kaspersky Lab’s Cold War tinged smack down with for NSA analyst Dave Aitel of Immunity Inc. Also: Bruce Schneier weighs in on what has and hasn’t changed in the Trump DOJ’s take on strong encryption, while Josh Corman of PTC tells us that federal rules governing IoT security may be closer than we think.
CEO Eugene Kaspersky likened a Wall Street Journal report on his company’s software being used to hack an NSA contractor to “the script of a C movie” and said his company was in the middle of a geopolitical dispute.
US Deputy Attorney General Rod Rosenstein used a speech in Boston to criticize the technology industry’s use of strong encryption which he called “warrant proof,” even as he said law enforcement had no issue with its use.
A federal judge in California put the brakes on the U.S. Federal Trade Commission’s complaint against D-Link Systems over lax security in its consumer routers and IP cameras, saying that the Commission needs to produce evidence of concrete harm to consumers.
FedEx, the worldwide package delivery giant, said in a regulatory filing on Tuesday that the NotPetya ransomware outbreak in late June has cost it an estimated $300 million dollars and forced the company to miss its fiscal first quarter earnings. The company said in its quarterly “8K” report to the U.S. Securities and Exchange Commission (SEC) that the impact of NotPetya on TNT Express N.V., a newly acquired subsidiary based in The Netherlands. “Worldwide operations of TNT Express were significantly affected during the first quarter by the June 27 NotPetya cyber attack,” the company reported. The subsidiary has restored “substantially all” critical operational systems but “volume, revenue and profit still remain below previous levels.” The statement is the latest on the effects of NotPetya, which spread by way of bogus updates for software by the Ukrainian firm MeDoc. In July, FedEx said in a filing with the Securities and Exchange Commission […]