cybersecurity

The frequency and severity of cyber attack has sharply risen over the past few years. With the key targets being financial institutions, banks and industry entities, it isn't surprising to note that these cyber attacks cost the global economy a cool $400 billion each year.

FBI maintains a 'Cyber Most Wanted' list which usually comprises of hackers and such individuals who have perpetuated online fraud. The agency has now added five individuals to this list, announcing rewards to the tune of $100,000 to anyone who provides information leading to their arrests.

In the past, it has been frequently hinted that the U.S. was behind some of the most sophisticated cyber warfare tools such as Stuxnet and Flame. Whereas U.S. has officially denied it, Washington Post has now published a report, citing Snowden as a source, which claims that U.S. security agencies launch a large number of cyber offensives each year.

The White House has made a major move by appointing McAfee CTO, Phyllis Schnek, to the post of deputy undersecretary for cybersecurity. The role entails overlooking the efforts of the government in discerning domestic and foreign cyber attacks and countering them.

Cybersecurity has emerged as a major espionage tool in recent years, one that can be used by individual nations. In the past, China has been repeatedly accused of using hackers to steal industrial and military designs from U.S. firms. To discuss the matter, U.S. and China are all set to meet next month.

In this hyper-fast age of information, sometimes facts may not just be overlooked but may simply be misstated. This happens when during research, small-scale facts are generalized over large populations. Apparently, that is precisely what both McAfee and Norton did when they quoted figures of cybercrime losses.

The White House has been eagerly pursuing the path of cybersecurity, with little regard for the privacy concerns of internet users. The House recently passed Cyber Intelligence Sharing and Protection Act (CISPA) and was on the way to pass another companion bill when a Republican filibuster delayed it in the Senate.

According to a recent report from the Wall Street Journal, a company security firm called viaForensics has discovered that apps from a lot of top Internet companies aren’t keeping your data safe either and viaForensics noticed that apps from LinkedIn, Netflix, and Foursquare stored usernames and passwords in unencrypted plain text form on Android…

Microsoft will launch its annual spring update for the Xbox 360 Dashboard an the next Dashboard update will begin rolling out on May 19.Xbox 360 update includes PayPal integration and make support for new disc format, PayPal integration looks especially attractive after the PlayStation Network fiasco that's exposed PS3 owners' personal info and…

US military has officially solidified its reputation as a flake by banning the use of all removable media to prevent WikiLeaks sequel.US Military bans removable media to prove their senior officers in each branch relayed the orders and reaffirmed personnel would risk of court-martial if they failed to comply......