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29-November-2011 Top ten cyber security trends for financial services 2012

2012 will be a pivotal year for banks and investment firms as they try to stay ahead of the IT security curve, says Booz Allen Hamilton, a strategy and technology consulting firm

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18-November-2011 U.S. probes cyber attack on water system

Federal investigators are looking into a report that hackers managed to remotely shut down a utility's water pump in central Illinois last week, in what could be the first known foreign cyber attack on a U.S. industrial system.

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1-November-2011 Dozens of chemical and defence firms hit by China-based hack

A China-based industrial espionage hacker attack targeted at least 29 chemical industry firms, including Fortune 100 firms, in July and September, researchers at Symantec have found. 

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30-October-2011 Tax rebates stolen by Revenue and Customs hacker

As reported on The Sunday Times.

Fraudsters have found a way to hack into government tax records and divert refunds meant for others into their own bank accounts.

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14-October-2011 High-grade encryption used in malicious mobile apps

Malicious application writers are using high-level encryption to communicate securely from the app to the command and control centre (C&C).

Speaking to SC Magazine, Axelle Aprville, senior computer security engineer at Fortinet, said attackers are encrypting traffic from the application so that when an SMS is sent, it is hidden from the device owner.

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20-Sept-2011 Japan defence firm Mitsubishi Heavy in cyber attack


Japan's top weapons maker has confirmed it was the victim of a cyber attack reportedly targeting data on missiles, submarines and nuclear power plants.

Mitsubishi Heavy Industries (MHI) said viruses were found on more than 80 of its servers and computers last month.

The government said it was not aware of any leak of sensitive information.

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12-Aug-2011 Agencies lax on IT security: A-G

Major public sector agencies were surprisingly careless with information security and tended to underbid on IT project costs so that they could win funding from Treasury, Victorian Auditor-General Des Pearson said yesterday.

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1-August-2011 Australia the victim of 'massive' cyber espionage

CYBER espionage is being used against Australia on a ''massive scale'' and some foreign spies are using Australian government networks to penetrate the cyber defences of allies such as the US, ASIO chief David Irvine has told business leaders.

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14-July-2011 24,000 Pentagon files stolen in major cyber breach, official says


The Defense Department lost 24,000 files to “foreign intruders” in the spring in what appears to be one of the most damaging cyberattacks to date on the U.S. military, a top Pentagon official acknowledged Thursday.

Deputy Defense Secretary William J. Lynn III, who disclosed the March breach during a speech to roll out the Pentagon’s new cyber strategy, said the files were taken from a defense contractor. He did not say who was believed to be behind the attack or describe the nature of the files that were stolen.

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19-April-2011 Lab halts web access after cyber attack


OAK RIDGE — A highly sophisticated cyber attack — known as Advanced Persistent Threat — forced Oak Ridge National Laboratory to shut down all Internet access and email systems over the weekend.

Those restrictions will remain in place until lab officials and others investigating the attack are sure the situation is well controlled and manageable, ORNL Director Thom Mason said Monday.

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12-April-2011 WAN Encryption: Just Do It

By Mike Fratto | 2 June, 2010

One my philosophy professors asked the question "Where is your car parked?" I told him where I parked it. He then asked me how I knew it remained where I left it. "Is it possible," he asked, "that a group of pranksters picked it up and moved it elsewhere?" I'd pulled that prank, so I knew it was possible. Then he asked, "What if one set of pranksters moved your car elsewhere, and then another set of pranksters moved back to the spot where you left it by coincidence? Would I know?" The exercise goes right to the heart of network security. What assurances do you have that what you expect to happen is actually happening? One of the ongoing issues with wide area networking is how secure is secure enough? Once the data leaves your network, you have no idea what happens to it. If it leaves unencrypted, you have no idea if anyone snooped on it.

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11-April-2011 Hacker steals financial info of Hyundai Capital clients

 

KOREA - Financial services provider Hyundai Capital admitted Sunday that financial information including the credit ratings of some customers had been accessed by a hacker.

Those responsible for the incident are thought to have accessed the company's auxiliary server since February and hacked data in small portions to avoid detection.

In addition, passwords and other vital information about loans taken out by 13,000 customers were also accessed by the hacker.

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01-April-2011 Cyber crime second biggest risk to airlines

 

Cyber crime attacks now run at number two on the list of threats for local airlines, according to findings from one Sydney-based ethical hacking outfit.

Presenting the report to Asia Pacific aviation security conference AVSEC 2011 in Canberra this week, Pure Hacking chief technology officer, Ty Miller, said cyber crime attacks came second only to natural disasters as risks to airlines.

A panel discussion with the aviation industry revealed increasing fears employees could work with cyber criminals to exploit airline information and critical infrastructure. 

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30-March 2011 Stolen BP data a warning for Australian companies: Sophos

The revelation that oil giant BP experienced an information leak of 13,000 claimants' data in the Gulf of Mexico trial, due to the theft of a laptop, should serve as a reminder for Australian companies to step up encryption advises a local security expert.

Sophos Asia Pacific head of technology, Paul Ducklin, told Computerworld Australia that individuals and companies should remain vigilant rather than waiting for someone else to experience a data breach before taking action.

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29-March-2011 Hackers hit Gillard, ministers' computers

 

 The parliamentary computers of Prime Minister Julia Gillard and at least two other senior ministers are suspected of being hacked.

Gillard's parliamentary computer, along with those of several cabinet ministers including Foreign minister Kevin Rudd and Defence minister Stephen Smith were believed to have been compromised, News Ltd newspapers report.

Thousands of emails are believed to have been accessed in the cyber attacks.

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21-March-2011 Hacked security firm leaves Aussies vulnerable

BY BEN GRUBB

Hundreds of thousands of cryptographic tokens used by Australians who bank online, the Defence Force and other large corporations are vulnerable to a potential hack attack after a supplier revealed secret data it held had been stolen.

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14-March-2011 Action Stations as cyber attacks on Australia soar

 

By SARAH WHYTE

More than 400 cyber attacks have affected Australian government networks in the past year, figures reveal.

From January last year to this January there were 405 cyber incidents, an increase from 220 in the previous year, some of which were ''very sophisticated'', Department of Defence figures obtained by this website show.

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8-March-2011 Hacker group vows 'cyberwar' on US government, business

 

By MICHAEL ISIKOFF

DALLAS — A leader of the computer hackers group known as Anonymous is threatening new attacks on major U.S. corporations and government officials as part of at an escalating “cyberwar” against the citadels of American power.

“It’s a guerrilla cyberwar — that’s  what I call it,” said Barrett Brown, 29,  who calls himself a senior strategist and “propagandist” for Anonymous. He added: “It’s sort of an unconventional, asymmetrical act of warfare that we’ve involved in. And we didn’t necessarily start it. I mean, this fire has been burning.”

A defiant and cocky 29-year-old college dropout, Brown was cavalier about accusations that the group is violating federal laws. He insisted that Anonymous members are only policing corporate and governmental wrongdoing — as its members define it.

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5-Feb-2011 Hackers Penetrate Nasdaq Computers

 

By DEVLIN BARRETT

Hackers have repeatedly penetrated the computer network of the company that runs the Nasdaq Stock Market during the past year, and federal investigators are trying to identify the perpetrators and their purpose, according to people familiar with the matter.

The exchange's trading platform—the part of the system that executes trades—wasn't compromised, these people said. However, it couldn't be determined which other parts of Nasdaq's computer network were accessed.

Investigators are considering a range of possible motives, including unlawful financial gain, theft of trade secrets and a national-security threat designed to damage the exchange.

 

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22-Jan-2011 Con Artists who Crash Your Party - or Your Savings

By  Andrew Rule & John Silvester

GOOD thieves and con artists know that the best way to get away with the loot is to look as if you have every right to be there, doing that.

The bored gatecrasher in a dinner suit who joins the crowd of smokers outside part-way through a gala event - then produces a champagne flute, half full - has every chance of swanning inside past the gatekeepers without drawing a second glance because he's obviously been outside for a smoke. (All the better if ''he'' is a she in a ball gown.)

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24-Nov-2010 Most Company Laptops Still Not Encrypted

By John E Dunn, techworld.com

Deep into the age of data loss anxiety, most business laptops are still not secured using technologies such as encryption, a small but perhaps telling survey has revealed.

According to Check Point's questioning of 130 UK IT managers, only 40 percent said that their laptops used encryption, which contrasts strikingly with the 68 percent who had access to a business VPN.

By John E Dunn

Deep into the age of data loss anxiety, most business laptops are still not secured using technologies such as encryption, a small but perhaps telling survey has revealed.

According to Check Point's questioning of 130 UK IT managers, only 40 percent said that their laptops used encryption, which contrasts strikingly with the 68 percent who had access to a business VPN.

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30-Jul-2010 State of Security

By Geoff Kitney & John Kerin

The nature of threats to national safety has changed since the surge in anti-terrorism capabilities following September 11.  As a review looms, the intelligence community is already divided over the allocation of resources in our security agencies.

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30-Jul-2010 ASIO warns on cyber attack

By Geoff Kitney & John Kerin

The nation's senior domestic intelligence official has warned business of a growing threat of cyber attacks on computer systems and says defending Australia from foreign cyber espionage was the big new challenge facing the intelligence community.

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03-Feb-2010 Hackers Steal Millions in Carbon Credits

By Kim Zetter

Credit card numbers are so passe. Today’s hackers know the real powerhouse data to steal is emission certificates.

That’s exactly what hackers went after last week when they obtained unauthorized access to online accounts where companies maintain their carbon credits, according to the German newspaper Der Spiegel.The hackers launched a targeted phishing attack against employees of numerous companies in Europe, New Zealand and Japan, which appeared to come from the German Emissions Trading Authority.

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