How Enterprises Can Better Combat Advanced Cyber Attacks:

RSA Conference | Blog | GPE – January 17, 2018: Numerous relatively recent cyber attacks have successfully breached organizations that should be the cyber world’s equivalent of Fort Knox – exceedingly hard to penetrate. Yet as the infiltration of systems at the likes of the Security and Exchange Commission, National Security Agency and credit bureau giant Equifax underscore, no entity…

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Security Flaws Put Virtually All Phones, Computers At Risk:

Business Insurance | Reuters | January 04, 2018: Security researchers on Wednesday disclosed a set of security flaws that they said could let hackers steal sensitive information from nearly every modern computing device containing chips from Intel Corp., Advanced Micro Devices Inc. and ARM Holdings. One of the bugs is specific to Intel, but another affects laptops, desktop computers, smartphones,…

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What Happened After A Law Firm Got Hit By A Global Cyberattack:

The Wall Street Journal | GPE – December 20, 2017: Don Jaycox, DLA Piper’s chief information officer for the Americas, sat down with Wall Street Journal reporter Kate Fazzini to explain how the firm responded to the attack, which also affected multinational companies such as A.P. Moller-Maersk, Reckitt Benckiser Group and Merck & Co. MS. FAZZINI: Can you set the…

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North Korean Hackers Behind Attacks On Cryptocurrency Exchanges, South Korean Newspaper Reports:

Reuters | By: by Joyce Lee & Heekyong Yang | December 16, 2017: South Korea’s spy agency said North Korean hackers were behind attacks on cryptocurrency exchanges this year in which some 7.6 billion won ($6.99 million) worth of cryptocurrencies were stolen, a newspaper reported on Saturday. The cyber attacks attributed to North Korean hackers also included the leaking of…

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Millions Of People Post Comments On Federal Regulations ~ Many Are Fake:

The Wall Street Journal | By: James V. Grimaldi & Paul Overberg | December 12, 2017: A Wall Street Journal investigation uncovered thousands of fraudulent posts on agencies’ dockets, in hot-button areas such as net neutrality and payday lending. On federal government web sites, public comments can influence the outcome of regulations affecting millions of people. A WSJ investigation has…

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UK Regulator ~ Smart Machines Alone Can’t Defeat Money Laundering:

The FCPA Blog | By: Richard L. Cassin | December 11, 2017: Artificial intelligence will always be a “work in progress” in fighting money laundering and won’t entirely replace humans and their intuition, a top UK regulator said. “Any bank hoping for a black box in the corner that will sniff out the launderers will be disappointed,” according to Rob…

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France Allows Use Of Blockchain To Trade Some Traditional Securities:

The Wall Street Journal | By: Sam Schechner & Patricia Kowsmann |December 08, 2017: New rule is latest mainstream effort to adopt record-keeping developed for virtual currencies. France said Friday that it will allow wider use of the record-keeping technology behind bitcoin in the issuance and trading of traditional securities, part of a growing number of experiments to speed up…

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Humanitarian Data Breaches ~ The Real Scandal Is Our Collective Inaction:

IRIN | By: Nathaniel A. Raymond, Daniel P. Scarnecchia & Stuart R. Campo | December 08, 2017: Why it’s time for an independent investigatory body. The news that a platform used by at least 11 major operational NGOs and UN agencies may be relatively easy to breach, potentially exposing the personal, location, and demographic data of tens of thousands of…

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Okay, Say Someone Hacks Into The US Power Grid. Then What?

Defense One | By: Caroline Houck | December 06, 2017: “On a scale of 1 to 10,” the threat of a cyber attack on U.S. critical infrastructure is “a 7 or an 8,” the Department of Homeland Security warned lawmakers last week. And indeed, someone has been probing the defenses of utilities, key manufacturers, and others. So what happens if…

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FBI, DHS Warn Of Hacker Mercenaries Funded By Nation-States:

Defense One | By: Joseph Marks | GPE – December 04, 2017: Lines between government-backed hackers and cyber criminals are getting fuzzier, top officials told lawmakers Thursday. Originally published December o1, 2017: That’s one message the FBI wanted to send when it indicted two Russian intelligence officers and two criminal co-defendants for a major breach of the Yahoo email service…

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For Security Agencies, Blockchain Goes From Suspect To Potential Solution:

Reuters | By: Jeremy Wagstaff, Byron Kaye | December 03, 2017: Police and security agencies have so far only taken an interest in blockchain – the distributed ledger technology behind cryptocurrencies like bitcoin – for tracking criminals hiding illegal money from banks. But that’s changing as some civilian, police and military agencies see blockchain as a potential solution to problems…

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SEC Statements On Cybersecurity; An EDGAR Hacking – Part 1

Legal & Compliance | By: Laura Anthony, Esq. | November 21, 2017: On September 20, 2017, SEC Chair Jay Clayton issued a statement on cybersecurity that included the astonishing revelation that the SEC Edgar system had been hacked in 2016. Since the original statement, the SEC has confirmed that personal information on at least two individuals was obtained in the…

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Boards Should Think Of Cyber A Bit More Like Bank Robberies, Former AT&T Security Chief Says:

The Wall Street Journal | By: Steven Norton | GPE – November 20, 2017: Corporate boards should think about cybersecurity risk as banks think about bank robbery: a relatively common risk that must be managed. “Just like bank robbery, you can’t say get rid of (cyber risk) and make it never happen,” said Ed Amoroso, former chief security officer at…

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Era Of AI-Powered Cyberattacks Has Started:

The Wall Street Journal | By: Steven Norton | November 15, 2017: The growing sophistication of fast-moving cyberattacks is forcing companies to employ similar technologies to defend themselves. Artificial intelligence, growing more potent and easier to use, threatens to compound the already considerable challenges companies face as they deal with cyberattacks, researchers warn. While rare, they say early signs of…

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Will The EU Data Protection Rule Block Due Diligence?

The FCPA Blog | By: Robert Clark | November 13, 2017: Companies minimize the risk of corruption by adequately vetting their prospective representatives ~ typically by reviewing information about the financial interests and relevant connections of the intermediaries’ owners and key personnel, and screening those individuals for reputational and criminal-history issues. These routine inquiries will soon become considerably more difficult.…

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Security Breach And Spilled Secrets Have Shaken The N.S.A. To Its Core:

The New York Times | By: Scott Shane, Nicole Perlroth and David E. Sangernov | November 12, 2017: A serial leak of the agency’s cyberweapons has damaged morale, slowed intelligence operations and resulted in hacking attacks on businesses and civilians worldwide. Jake Williams awoke last April in an Orlando, Fla., hotel where he was leading a training session. Checking Twitter,…

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China Has A Breakthrough In Spy-Proof Quantum Communications:

Defense One | By: Patrick Tucker | GPE – November 12, 2017: A team of Chinese researchers say they have completed the first long-distance quantum secure direct communication, a critical step toward sending messages that are truly safe from eavesdropping. Here’s why that matters: The feat, if verified, marks a critical step forward in the pursuit of communication that does…

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DHS ~ Boeing 757 Testing Shows Airplanes Vulnerable to Hacking:

Avionics | By: Calvin Biesecker | GPE – November 12, 2017: A team of government, industry and academic officials successfully demonstrated that a commercial aircraft could be remotely hacked in a non-laboratory setting last year, a U.S. Department of Homeland Security (DHS) official said Wednesday at the 2017 CyberSat Summit in Tysons Corner, Virginia. Originally published November 08, 2017: “We…

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