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Cybersecurity

Germany calls on chip and hardware makers to tackle processor flaws

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BERLIN Germany's federal cyber agency called on chip and hardware-makers to address new vulnerabilities discovered in computer central processing units, but said no complete fix was possible at the moment.

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Mexico central bank says hackers siphoned $15 million from five companies 17 May 2018

MEXICO CITY Mexico's central bank said on Wednesday that a cyber attack had sucked around 300 million pesos ($15.33 million) in fraudulent transfers from five companies, but it was unclear how much thieves had managed to pull out in cash.

German prosecutors probing hack of energy firm last year 16 May 2018

BERLIN Federal prosecutors are investigating a cyber attack on a subsidiary of German energy firm EnBW by unknown hackers last summer, the prosecutor's office said on Wednesday.

Trump scraps cyber czar post after first appointee leaves: White House 16 May 2018

WASHINGTON The White House has eliminated the position of cyber security coordinator after President Donald Trump's first appointee for the job departed last week, a spokesman for the National Security Council confirmed on Tuesday.

Cyber attack delays Atlanta mayor's first budget pitch 16 May 2018

Atlanta's 2019 budget process has been delayed by a March cyber attack that scrambled a swath of government data, temporarily closing courts, halting bill payments and slowing other key services in the most devastating "ransomware" assault on a major U.S. city, a city spokesperson said on Tuesday.

Mexico central bank to create cyber security unit after hack 15 May 2018

MEXICO CITY Mexico's central bank said on Tuesday that it was creating a cyber security unit, following a hack on a domestic payments system at the end of April that affected Mexican banks.

Popular encrypted email standards are unsafe: researchers 15 May 2018

(This version of the story refiles to clarify description of how PGP works in para 21.)

Homeland Security unveils new cyber security strategy amid threats 15 May 2018

WASHINGTON The U.S. Department of Homeland Security on Tuesday unveiled a new national strategy for addressing the growing number of cyber security risks as it works to assess them and reduce vulnerabilities.

Thieves suck millions out of Mexican banks in transfer heist 15 May 2018

MEXICO CITY Thieves siphoned hundreds of millions of pesos out of Mexican banks, including No. 2 Banorte, by creating phantom orders that wired funds to bogus accounts and promptly withdrew the money, two sources close to the government's investigation said. Hackers sent hundreds of false orders to move amounts ranging from tens of thousands to hundreds of thousands of pesos from banks including Banorte, to fake accounts in other banks, the sources said, and accomplices then emptied the accounts in cash withdrawals in dozens of branch offices.

Dutch government to phase out use of Kaspersky anti-virus software 14 May 2018

AMSTERDAM The Dutch government said on Monday it had decided to phase out the use of anti-virus software made by Kaspersky Labs "as a precautionary measure" and was advising companies involved in safeguarding vital services to do the same.

'Unauthorized transfers' siphon funds from Mexican banks: central bank 12 May 2018

MEXICO CITY An as yet unknown amount of funds were sucked out of at least five Mexican financial groups through "unauthorized transfers" in recent days, a top central bank official said on Friday, while stopping short of calling it a cyber attack.

Balancing act: software giant SAP navigates Russian risks 10 May 2018

MOSCOW/WALLDORF, Germany Most Western technology companies are losing ground in Russia under the weight of restrictive rules and mounting local competition. Germany's SAP is thriving.

U.S. senators accuse Russia of campaign against 2016 vote 09 May 2018

WASHINGTON Cyber actors affiliated with Russia's government conducted an "unprecedented, coordinated" campaign against the U.S. election infrastructure, a U.S. Senate committee said on Tuesday, including successfully penetrating a few voter registration databases.

Nigeria's Internet fraudsters zero in on corporate email accounts 08 May 2018

ABUJA West Africa's infamous internet scammers have evolved, dropping their impersonations of online love interests, princes and U.S. soldiers in favor of hijacking corporate emails, costing businesses hundreds of millions of dollars a year.

Pentagon's Cyber Command gets upgraded status, new leader 08 May 2018

FORT MEADE, Md. The Pentagon's cyber warfare unit received an elevated status and a new commander on Friday, signaling the growing importance of digital combat as the United States grapples with sophisticated hacking by Russia, China and other actors.

Spy agency NSA triples collection of U.S. phone records: official report 08 May 2018

WASHINGTON The U.S. National Security Agency collected 534 million records of phone calls and text messages of Americans last year, more than triple gathered in 2016, a U.S. intelligence agency report released on Friday said. | Video

Equifax provides more detail to Congress on cyber security incident 08 May 2018

Credit-monitoring firm Equifax Inc said on Monday it has sent a letter to several U.S. Congressional committees providing additional details on data that was breached in a cybersecurity incident in September.

'Next generation' flaws found on computer processors: magazine 03 May 2018

FRANKFURT Researchers have found eight new flaws in computer central processing units that resemble the Meltdown and Spectre bugs revealed in January, a German computing magazine reported on Thursday.

Bangladesh open to out-of-court settlement over $81 million cyber heist 03 May 2018

MANILA/DHAKA Bangladesh would consider an out-of-court settlement with a bank in the Philippines over $81 million stolen from its accounts in New York by hackers who wired the money to Manila, Bangladesh central bank officials said on Thursday.

Nigeria's Internet fraudsters zero in on corporate email accounts 03 May 2018

ABUJA West Africa's infamous internet scammers have evolved, dropping their impersonations of online love interests, princes and U.S. soldiers in favor of hijacking corporate emails, costing businesses hundreds of millions of dollars a year.

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