cybersecurity

Fake Shops Propped by Chinese Scammers Stole Money, Personal Data from Over 850,000 People: Data Analysts

Fake Shops Propped by Chinese Scammers Stole Money, Personal Data from Over 850,000 People: Data Analysts

Data analysts from the German cybersecurity consultancy SRLabs said that a large network of fake online designer shops apparently operated from China have stolen money and personal data from over 850,000 people in Europe and the United States.

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UK’s Defense Ministry ‘Hacked by China’

UK’s Defense Ministry ‘Hacked by China’

The British Ministry of Defense has recently encountered a cyberattack on its third-party payroll system, which serves active and retired military personnel.

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BRITAIN-US-BLOCKCHAIN-CRYPTOCURRENCY-STABLECOINS-USDT-TETHER

Crypto Cybersecurity Group Launched to Stop Crypto Hacking

A cybersecurity group led by Justine Bone, known as Crypto ISAC, will now be in motion to prevent crypto hacking and other malicious activities, providing greater confidence to investors and users.

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Kaspersky Lab Global Partner Conference 2018

UK Cybersecurity Company Sold to US Private Equity For $5.3 Billion Due To Being 'Undervalued' in LSEG

Cambridge-based cybersecurity firm Darktrace has accepted a $5.3 billion acquisition offer from US private equity giant Thoma Bravo, a 44% premium over its recent share price.

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Cybersecurity Platform Rubrik Announces US IPO Plans

Rubrik announced its intention to list its shares in a US initial public offering (IPO), the cybersecurity software startup said in a filing on Monday.

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Alabama Government Websites Suffer Multiple DDoS Cyberattacks Due To 'Political Reasons

Alabama's state and city governments face DDoS attacks, with officials defending against website disruptions, while Birmingham deals with network issues due to the widespread cyber incidents.

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Two Critical US Systems Hacked, Forcing US Cybersecurity Agency To Shut Them Down

US Cybersecurity Agency (CISA) confirms the breach in February due to Ivanti product weaknesses, prompting disconnection mandates for US government agencies and shutting down the affected systems.

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Google Launches Cyberdefense Hub in Tokyo To Address Increasing Cyberattacks in Asia-Pacific

The Asia-Pacific Cyberdefense Hub in Tokyo will combat cyber threats and enhance regional cybersecurity through research collaboration for a safer internet.

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Microsoft Announces Major Collaborations to Boost Cybersecurity Skills of Australian Businesses

Microsoft has joined forces with NAB and CITT to provide a powerful shield against cyber threats to small businesses in Victoria, fully supported by the state government.

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Verizon Demands Better Deal Terms After Yahoo’s Widescale Breach

Yahoo is under renewed scrutiny after its second disclosure of breach within this year. The major hacking incidents the company has been involved in puts a risk on its deal with Verizon. Although Verizon has not confirmed any plans of ditching the purchase, reports indicated that the company is demanding for better deal terms for the acquisition.

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K.K.R. Enters Cybersecurity Deal; Extends Company Flurry Activities

On Tuesday, K.K.R. announced its acquisition of Optiv Security, a provider of cybersecurity services, adding to a list of deals over the past five months that include the purchase of the cloud-based software company Epicor and the call-center software maker Calabrio.

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Silver Lake invest $500 million in Symantec

Private equity firm Silver Lake will invest $500 million in cyber security company, Symantec. The money from the investment will be used by the company to buy back shares and issue a $4 dividend to shareholders.

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Uber agrees to pay $20,000 in settlement regarding its "God View" system

Uber has agreed to pay $20,000 in fine and adopt a better data security provisions in a settlement signed with the New York Attorney General, Eric Schneiderman. Besides that, the company also agrees to limit the number of employees allowed to use the system.

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Apple's iOS App Store Gets Invaded By 'XcodeGhost'

Recently, Apple has been having problems with the iOS download leaving iPhone devices to crash and Apple fans deeply frustrated. Some were lucky enough to get the new operating system, but others were unfortunate.

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U.S., China appear to get little done in removing economic barriers

The United States and China urged each other on Wednesday to remove barriers to foreign investment, saying that business ties were vital to overall relations, although they appeared to achieve little beyond rhetoric at a high profile three-day meeting that was overshadowed by security rivalries.

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