Trump directs federal agencies to assess security risks from Chinese-made drones

U.S. President Donald Trump has signed an executive order directing U.S agencies to assess security risks linked to Chinese-made drones used by American government fleets, prioritizing their removal. The executive order directs all U.S. agencies to outline the security risks posed to the existing government drone fleet from drones built by Chinese companies or by…

North Korean hackers targeting global financial institutions: U.S. Govt cyber alert

In a significant development, the U.S. government has issued a warning saying, North Korean hackers are increasingly targeting banks around the globe for fraudulent money transfers; they are also targeting ATMs to illegally withdraw cash. The technical cyber security alert was jointly given by four different federal agencies, including the Treasury Department and FBI. They…

Thallium hacking group stole nuclear related info: Microsoft

In a statement, Microsoft Corp disclosed, a hacking group called “Thallium” has taken control of web domains to steal nuclear related data. In a blog post, Microsoft stated, Thallium, believed to be operating from North Korea, targeted government employees, university staff members, think tanks, and individuals working on nuclear proliferation issues, among others. Most of…

North Korea made $2 billion through cyber attacks: U.N report

The North Korean regime has managed to increase the sophistication of its cyber attacks, which have successfully targeted banks and cryptocurrency exchanges. According to a confidential report by the United Nations, North Korea has amassed a estimated $2 billion using “widespread and increasingly sophisticated” cyberattacks that targeted banks and cryptocurrency exchanges. North Korea plans on…

U.S.-based cyber security startup Cybereason raises $200 million from SoftBank

Cyberreason’s strength lies in its core offering – Endpoint Protection Platform. On Tuesday, Antivirus startup Cybereason disclosed, it has raised $200 million in investment from Japan’s SoftBank Group Corp. Founded in 2012, so far the Boston-based company has managed to raise $400 million in funding rounds. Previously it raised capital from Spark Capital, CRV, and…

Huawei helped North Korea in building its wireless network: Washington Post

The report adds to the growing number of supporting documents to U.S. claims that China’s Huawei has violated in multiple instances US export control rules. According to a report from the Washington Post citing sources and internal documents, China’s Huawei Technologies Co Ltd has secretly helped North Korea to build and maintain its commercial wireless…

Security of cryptocurrency exchanges to be bolstered in Japan

Japan’s financial regulator is pushing to improve internal security in the country’s cryptocurrency exchanges. On Tuesday, in a development that marks Japan’s intent to increase its oversight of cryptocurrencies, Japan’s financial regulator stated, cryptocurrency exchanges will now require to strengthen internal oversight of “cold wallets” used to store digital money, said a source with direct…

Japan to buy 9 E-2D Advanced Hawkeye Airborne Early Warning and Control aircraft for $3.135 billion

The potential sale will augment Japan’s capability to assess the situational awareness of air and naval activity in the Pacific region. As per a statement by the U.S. State Department, the potential sale of upto 9 E-2D Advanced Hawkeye Airborne Early Warning and Control aircraft have been approved for Japan. The estimated cost of the…