China poses a serious and immediate cybersecurity threat to the federal supply chain in part because of connections Chinese state-owned enterprises (SOEs) have to key tech companies working in the government sector, a report recently issued by the U.S. China Commission has found.
In light of increased and more sophisticated threats in the cybersecurity landscape, tech giants have vowed to get more serious about protecting their customers by working together through a new Cybersecurity Tech Accord. Thirty-four companies—including Microsoft, Oracle, HP, Facebook, Cisco, Nokia TrendMicro and others—have signed on to the accord, which was unveiled Tuesday at the RSA Conference taking place in San Francisco this week. Those signing on said it’s the largest-ever group to agree to band together in the fight against malicious attacks from cybercriminals and nation-states. Speaking at the conference at the unveiling of the accord, Microsoft’s President and Chief Legal Officer Brad Smith told attendees that the recent WannaCry and NotPetya malware attacks were a sign that cybersecurity events were taking a turn for the worse. “We need to get the governments of the world to stop targeting tech companies, stop targeting the electrical grid, the private sector, hospitals,” […]
In-brief: In the hours before the Petya malware began circulating, two high level Trump Administration officials called for a tougher stand against online actors who sow chaos. The question now is how the Administration will react.
In-brief: data from the firm Symantec shows that financial malware targeting banks – not ransomware- is the most important and oft-used tool in the cyber criminal’s toolbox.
In-brief: We speak with Sean Dillon of the firm RiskSense, who helped reverse engineer DoublePulsar and EternalBlue, the Windows exploit tools used to help spread the WannaCry ransomware. We also chat with John Dickson of The Denim Group about the impact of President Trump’s Cyber Executive Order.