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What Happens When Anonymous Gets a Bank?

"The same people who brought you Wikileaks are back, and this time, they've created a virtual currency called Bitcoin that could destabilize the entire global financial system. Bitcoin is an open-source virtual currency generated by a computer algorithm that is completely beyond the reach of financial intermediaries, central banks and national tax collectors. Bitcoins could be used to purchase anything, at any time, from anyone in the world, in a transaction process that it is almost completely frictionless. Yes, that's right, the hacktivists now have a virtual currency that's untraceable, unhackable, and completely Anonymous. And that's where things start to get interesting. Veteran tech guru Jason Calacanis recently called Bitcoin the most dangerous open source project he's ever seen. TIME suggested that ›
General News

US intelligence to set up cyber-focused office in Estonia

"US intelligence is to open an office in the Estonian capital Tallinn to help boost the fight against cyber-crime, the US embassy in the Baltic state announced Wednesday. 'Estonia was selected as the site for the new secret service office due to both the investigative nexus it provides in combating cyber and financial crimes, as well as the opportunity it ›
General News

Texas Spends $1.8 Million on Data Breach As Lawsuits Loom

"The Texas state comptroller’s office has already spent $1.8 million to mitigate the yearlong data breach in which names and Social Security numbers were exposed. The total cost is expected to be even higher as the lawsuits start rolling in. Personal information belonging to approximately 3.5 million people in Texas was accidentally exposed on a publicly ›
General News

Cyberattack in South Korea Hits 40 Web Sites

" Forty Web sites in South Korea came under attack by a computer virus on Friday, including the presidential Blue House, the Foreign Ministry, the country’s biggest bank, the two largest search engines, a major online auction house and some American and Korean military sites. It was not immediately clear who was behind the attack, but the National Police ›
General News

HBGary Federal CEO Aaron Barr Quits Due to Anonymous Attack

"The embattled CEO of HBGary Federal has resigned his post three weeks after Anonmyous hacked into the company’s network and stole thousands of e-mail messages. The ease Anonymous conducted the attack left the company that provides security services to the federal government red-faced. CEO Aaron Barr told Threatpost on Feb. 28 that he’s stepping down t ›
General News

Continued Evolution of DoD Cyber Policy

"The deputy secretary of Defense, the Honorable William J. Lynn III, delivered remarks at the RSA conference that captures a snapshot of DoD cyber policies. This is consistent with the continually improving path the department has been on for the last several years. I recommend a good read of the remarks and hope you share my excitement over the great work here." Source ›
General News

CIA Director Leon Panetta Warns of Possible Cyber-Pearl Harbor

"'The potential for the next Pearl Harbor could very well be a cyber-attack,' he testified on Capitol Hill Thursday before the House Permanent Select Committee on Intelligence. Director of National Intelligence James Clapper also appeared, telling the committee, 'This threat is increasing in scope and scale, and its impact is difficult to overstate.' " (CI ›
General News

Oil Firms Hit by Hackers From China, Report Says

"Hackers who appear to be based in China have conducted a 'coordinated, covert and targeted' campaign of cyber espionage against major Western energy firms, according to a report expected to be issued Thursday by cybersecurity firm McAfee Inc. Law-enforcement agencies said they are investigating the incidents, which McAfee said have been going on at least ›
General News

Homeland Security Seizes Spanish Domain Name That Had Already Been Declared Legal

"It appears that Homeland Security's Immigration and Customs Enforcement (ICE) division, and their incredibly sloppy domain seizure operations, have moved on to the next phase -- as was promised by both ICE boss, John Morton, and IP Enforcement Coordinator, Victoria Espinel. The timing on this one is particularly ›
General News

Iran announces launch of new cyber police units

"Iran's state TV says the country has launched its first cyber police unit in the latest attempt by authorities to gain an edge in the digital world. The Internet has been a key outlet for Iran's political opposition since the disputed presidential election in 2009. Iran also has been trying to boost its web defenses after the Stuxnet computer worm made it ›
General News

Stuxnet Worm Used Against Iran Was Tested in Israel

"Behind Dimona’s barbed wire, the experts say, Israel has spun nuclear centrifuges virtually identical to Iran’s at Natanz, where Iranian scientists are struggling to enrich uranium. They say Dimona tested the effectiveness of the Stuxnet computer worm, a destructive program that appears to have wiped out roughly a fifth of Iran’s nuclear centrifuges ›
General News

U.S. warns on China cyber, anti-satellite capability

"Advances by China's military in cyber and anti-satellite warfare technology could challenge the ability of U.S. forces to operate in the Pacific, U.S. Defense Secretary Robert Gates said on Friday during a visit to Japan. Just days after meetings in China meant to bolster ties with its military, Gates renewed concerns about a buildup by the People's Liber ›
General News

Officials mark start of work on Utah cyber center

"Officials are marking the start of construction on a $1.2 billion National Security Agency cyber security center at a Utah National Guard camp near Salt Lake City. A Thursday groundbreaking on 200 acres at Camp Williams might be the last glimpse the public gets of the first-of-its-kind project. " Source: Officials mark start of work on Utah cyber center ›
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