Chinese cyber activity on the rise in the U.S.: NSA official

Yesterday, senior officials from the Department of Homeland Security and the Justice Department at a Senate Judiciary Committee hearing on “China’s Non-Traditional Espionage Against the United States: The Threat and Potential Policy Responses.” As per a senior U.S. intelligence official, in recent months, cyber activities by China in the United States has increased significantly. These…

Israeli cybersecurity firm Coronet partners with Dropbox

The partnership will extend Coronet’s expertise to millions of Dropbox users. Israeli cybersecurity firm Coronet has stated, it has entered into a partnership with Dropbox. The move brings millions of users within Coronet’s ambit of protection from possible hacker attacks. The partnership will see Coronet’s own security features merge with Dropbox’s own security settings, both…

Facebook blocks 115 accounts following a tip-off from U.S. authorities on election eve

Federal authorities have issued a statement saying, “Americans should be aware that foreign actors, and Russia in particular, continue to try to influence public sentiment and voter perceptions through actions intended to sow discord”. Hours before U.S. voters went to polls, Facebook Inc has blocked 115 user accounts following a tip off by U.S. authorities…

ASEAN nations likely to sign cybersecurity deal with Russia

A draft agreement is being circulated among foreign ministers on the area of cybersecurity, the details of which is likely to be published this coming Saturday. Following high-profile hacking attacks in Southeast Asia, nations in the region are hoping to enter into joint agreements on cybersecurity with Russia. The draft agreement, which aims to formalize…

Digital currencies are not yet ripe for consumer adoption: Federal Reserve Governor Lael Brainard

Listing out the serious challenges posed by digital currencies, Federal Reserve Governor Lael Brainard opined blochain technology, the underlying technology that powers them, could be harnessed for facilitating and easing bank-to-bank transactions, as well as for payments in financial markets. In what is likely to be one of the Federal Reserve’s most detailed critiques of…

Intel creates “Intel Product Assurance and Security” to mitigate vulnerabilities in its chips

In an increasingly digital world, cyber criminals exploit vulnerabilities to gain access to critical resources to carry out their nefarious deeds. A Oregonian newspaper reported citing a memo sent by Intel Corp to its employees, that the chipmaker plans on creating a new internal cybersecurity group in the wake of recently disclosed vulnerabilities in its…

Microsoft’s highly internal secret database of bugs had been hacked in 2013

Microsoft’s internal database contains description of vulnerabilities of its widely used products, including its Windows operating system. This treasure trove of critical information, guarded by just a password, was accessed by hackers in 2013. According to 5 former employees of Microsoft, a highly sophisticated group of hackers had managed to break into Microsoft’s network security…