How much is cyber security worth to the U.S. energy industry? Not a whole lot apparently. Two prominent security consultant firms estimate that energy companies, ranging from drillers to pipeline operators to utilities, invest less than 0.2 percent of their revenue in cyber security. For context, that’s at least a third less than the corresponding figure for banks and other financial institutions, according to the consultants, Precision Analytics LLC and the CAP Group.
It’s very rare these days that a hotel will give you a real key when you check in. Instead, most chain hotels and mid-sized establishments have switched over to electronic locks with a keycard system. As researchers from F-Secure have discovered, these electronic locks may not be very secure.
According to data security firm Radware, hackers are using the malware to harvest user credentials, payment methods and other information stored on Facebook accounts across the world. The malware masquerades as a painting application called Relieve Stress Paint and had infected more than 40,000 Facebook user accounts in a matter of days, the firm said Wednesday.
On Tuesday, 34 global technology and security companies signed a Cybersecurity Tech Accord, a watershed agreement among the largest-ever group of companies agreeing to defend all customers everywhere from malicious attacks by cybercriminal enterprises and nation-states.
If the creators of the girls-only online cybersecurity competition Girls Go CyberStart are successful, some of these high schoolers will get hooked on the quickly expanding and well-paying field of cybersecurity and, in the process, help offset one of technology’s deepest gender gaps: Just 11 percent of cybersecurity professionals today are women.
Rep. Robert Pittenger (R-N.C.) on efforts to shield U.S. technology from China.
The Iranian defendants are accused of working at the behest of the Iranian Revolutionary Guard Corps to steal large quantities of academic data from hundreds of universities in the United States and abroad as well as email accounts belonging to employees of government agencies and private companies.
The U.S. will impose new economic sanctions on two-dozen Russian individuals and entities for cyberattacks in the U.S. and meddling in the 2016 election, senior national security officials said Thursday. The Treasury Department will target five entities and 19 individuals from Russia for actions ranging from the “destabilizing efforts” in the 2016 presidential election to the “NotPetya” malware attack, the costliest and most disruptive in history.
Last year was another banner year for cyber hackers and bad actors. A recent report found that the number of data breaches reached 1,202 in 2017—a 50 percent increase since 2015. Breaches on both public- and private-sector networks resulted in millions of Americans having their personal and financial data compromised.
The Securing Energy Infrastructure Act, cosponsored by Sens. Angus King, I-Maine, and Jim Risch, R-Idaho, advanced out of the Senate Committee on Energy and Natural Resources on a voice vote.