Cyber standards are key in battling ransomware attacks

The development of a set of cybersecurity standards — similar to the generally accepted accounting principles that businesses use for financial information — could go a long way in arming companies with more options when it comes to cybersecurity breaches and make them more likely to report when these events happen, cybersecurity experts say. The… Continue reading Cyber standards are key in battling ransomware attacks

From green energy to cybersecurity, Citi names ‘unstoppable trends’ that investors can jump on

From green energy to equal access to education and technology, investors can find opportunities to make money through these “unstoppable trends,” says Citi. Alternative and green energy are “very productive right now” where global trends are concerned, said Ken Peng, head of investment strategy for Asia-Pacific at Citi Private Bank, during a virtual media briefing… Continue reading From green energy to cybersecurity, Citi names ‘unstoppable trends’ that investors can jump on

Cloudflare seeing uptick in cyber incidents as hackers try ‘unleashing everything,’ CEO says

Cybersecurity provider Cloudflare has observed a significant rise in threats toward its customers in recent months, CEO Matthew Prince told CNBC on Monday. Prince’s comments, made in a “TechCheck” interview, came just days after a ransomware cyberattack hit Colonial Pipeline, leading the company to proactively halt operations on a key piece of U.S. petroleum infrastructure.… Continue reading Cloudflare seeing uptick in cyber incidents as hackers try ‘unleashing everything,’ CEO says

Cybersecurity Attack Shuts Down A Top U.S. Gasoline Pipeline

Traffic on I-95 passes oil storage tanks owned by the Colonial Pipeline Co. in Linden, N.J. An cybersecurity attack has shut down Colonial Pipeline, a major transporter of gasoline along the East Coast.Mark Lennihan/APA cybersecurity attack has shut down one of the largest refined products pipelines in the United States, and a security analyst said… Continue reading Cybersecurity Attack Shuts Down A Top U.S. Gasoline Pipeline

A tiny security start-up founded by engineers who sold their last company to Microsoft is already worth $1.7 billion

Public market investors have trimmed their stakes in technology stocks in recent weeks, but the start-up market remains hot. Wiz, a year-old cybersecurity company with just 65 employees, is now worth $1.7 billion after a recent $130 million funding round. The activity suggests that investors continue to see growth prospects for tools that can aid… Continue reading A tiny security start-up founded by engineers who sold their last company to Microsoft is already worth $1.7 billion

As Trump Pushes Election Falsehoods, His Cybersecurity Agency Pushes Back

WASHINGTON, DC - MAY 14: Christopher C. Krebs, director of the Homeland Security Department's Cybersecurity and Infrastructure Security Agency speaks before the Senate Judiciary Committee on May 14, 2019 in Washington, DC. In a paper titled “A Formal Analysis of 5G Authentication,” researchers from ETH Zurich, the University of Lorraine and the University of Dundee warned that 5G could usher in a new era of security threats. (Photo by Tasos Katopodis/Getty Images)

Christopher Krebs, director of the Cybersecurity and Infrastructure Security Agency, speaks before the Senate Judiciary Committee in May 2019.Tasos Katopodis/Getty ImagesEfforts to protect U.S. elections from disinformation are proceeding amid reports that the head of the agency in the Department of Homeland Security that oversees election security expects to be fired soon by the White… Continue reading As Trump Pushes Election Falsehoods, His Cybersecurity Agency Pushes Back

No Evidence’ Election Was Compromised, Cybersecurity Agency Says

NORTH LAS VEGAS, NEVADA - NOVEMBER 07: A Clark County election worker scans mail-in ballots at the Clark County Election Department on November 7, 2020 in North Las Vegas, Nevada. Joe Biden won Pennsylvania and Nevada and was declared the winner in the presidential race against Donald Trump. (Photo by Ethan Miller/Getty Images)

There is “no evidence” the Nov. 3 election was compromised, committees within the Department of Homeland Security that worked on protecting U.S. voting systems affirmed Thursday. In a statement, they also called the 2020 election the “most secure in American history.” “When states have close elections, many will recount ballots. All of the states with… Continue reading No Evidence’ Election Was Compromised, Cybersecurity Agency Says