Cybercrime

Governments need to spend billions more on data protection, says British security chief

Adrian Price, Head of Information Security at Britain’s Ministry of Defence, suggested that governments should devote 20% of their budget to protecting the nation’s data – a sum worth billions more than that currently allocated in countries such as the UK itself.

Twitter security under spotlight after phishing blamed for disastrous AP Tweet

Twitter is said to be testing new security systems in the wake of a false Tweet from an official Associated Press account which sent stock markets tumbling in America.

Half of British adults use the same password across all websites

Half of British adults use the same password across all the websites they access, according to telecoms regulator Ofcom. The data comes from a survey of 1805 adults aged 16 and up. The report, Adults’ Media Use and Attitudes Report 2013, found that 55% of adult internet users admitted they used the same password for

Preventable errors are behind most security breaches, says Verizon report

Most cyber attacks are simple and predictable, relying on basic tactics and preventable employee errors, according to Verizon’s annual Data Breach Investigations Report. The problem is made worse by the fact that companies often take months or even years to detect such breaches.

Cybersecurity bill passed by House despite privacy concerns

The Cyber Intelligence Sharing and Protection Act (CISPA) passes the U.S. House despite privacy concerns and the threat of presidential veto.

A quarter of all PCs have no malware protection, says Microsoft

A quarter of PCs around the world have no antimalware software, according to Microsoft’s latest Security Intelligence Report.

U.S. and China plan to “work together” on cybersecurity

China and the U.S. have agreed to work together on cyber security, with the two countries setting up a working group to deal with the issue, U.S Secretary of State John Kerry said on Saturday in Beijing.

Oregon farm company sues its bank over $223,500 cyber-heist

An Oregon farm products company is suing its own bank to recover losses after a phishing attack saw $223,500 transferred to accounts in the Ukraine over a period of three days in 2010.

Tech manufacturers fight back against supply chain “cyber spies”

Technology companies including Cisco and IBM are backing an Open Group programme to protect computer hardware from threats such as spyware added to components in the supply chain.

Android app store has serious clean-up with 60,000 apps removed

60,000 Android apps were removed from Google’s Play app store this February. Categories such as personalization (ringtone apps) were targeted heavily, with 12,277 deletions.

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