China’s Goal? To Become the World’s Dominant Superpower, FBI Boss Warns

Beware China’s ambition. Amy Hess, boss of the Federal Bureau of Investigation’s cyber division, warned a room of business executives about the various threats China poses to American interests on stage at Fortune’s Brainstorm Tech conference in Aspen, Colo., on Wednesday. Her team is responsible for pursuing criminals and nation state actors who are targeting—and […]

In Apple We Trust—Cyber Saturday

Good morning readers, it’s Jeff pinch-hitting for an Aspen-bound Robert Hackett on this gorgeous Saturday. The cyber-story of the week was the discovery of a gaping security hole in video conferencing software, Zoom. The flaw permitted hackers to remotely turn on a Mac’s camera and add users’ to a video call without permission. The exploit […]

What’s Missing in Democratic Debates About Russia and Election Security—Cyber Saturday

Cybersecurity received short shrift at this week’s debates between Democratic contenders for president as they jockeyed for an early lead ahead of next year’s election in the U.S. But one related topic did catch a modicum of airtime: Russian election interference. During the first night’s verbal brawl, only New York City Mayor Bill de Blasio […]

Federal Cybersecurity Failures Include a 48-Year-Old System Few People Knew How to Use

Federal agencies fail to follow basic computer security standards including relying on a 48-year-old system for critical work, leaving the government vulnerable to hackers, according to Congressional report published on Tuesday. “In 2017 alone, federal agencies reported 35,277 cyber incidents,” Sen. Robert Portman (R-Ohio) said in a statement about the report. “After a decade of […]

‘Silex’ Malware Renders Internet-of-Things Devices Useless. Here’s How to Prevent It

A new malware known as Silex is bringing smart devices to their knees. The Silex malware, according to ZDNet, ruins smart devices by gaining access to and destroying a device’s storage, eliminating its firewall and removing its network configuration. From here, the device stops working. Silex was reportedly created by a 14-year-old hacker who goes […]

Investors Go Phishing For Gold In Cybersecurity—Cyber Saturday

Greetings. This is Jonathan Vanian, filling in for Robert Hackett and Jeff John Roberts. Investors see a potential gold mine in combating one of the oldest tricks by hackers. Three cybersecurity startups specializing in technology to prevent phishing attacks raised nearly $140 million in venture capital in the past week, according to Crunchbase. In a […]

Investors Go ‘Phishing’ For Gold In the Cybersecurity Market—Cyber Saturday

Greetings. This is Jonathan Vanian, filling in for Robert Hackett and Jeff John Roberts. Investors see a potential gold mine in combating one of the oldest tricks by hackers. Three cybersecurity startups specializing in technology to prevent phishing attacks raised nearly $140 million in venture capital in the past week, according to Crunchbase. In a […]

Artificial Intelligence Is About to Make Ransomware Hack Attacks Even Scarier

A year ago, network security specialists spotted a worrying new trend: hackers began unleashing ransomware attacks on really big targets–America’s cities. Atlanta, Baltimore, and Greenville, N.C. would later grind to a halt after devastating computer outages disrupted everything from the collection of parking tickets to the sale of new homes. The next big thing that […]

Welcome to the Next Generation of Corporate Phishing Scams

All it takes is for one employee to open and click on a bogus email to compromise a company’s corporate security. Despite analyst estimates that companies will cumulatively spend more than $120 billion a year on cybersecurity, corporations are still facing an increase of hacking attacks and data breaches. The problem, according to cybersecurity strategist […]

Facebook Cryptocurrency: Calibra’s Privacy Implications

Despite a series of privacy stumbles, Facebook is forging ahead with plans to debut a new cryptocurrency called Libra. To bring the idea to fruition next year, the social network has created a new subsidiary called Calibra that will offer digital wallets designed to hold, send, and receive the virtual coins. But just how well […]