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White House renews effort on cybersecurity bill with new proposal

In the wake of the hack at Sony Pictures Entertainment and other prominent data breaches, the White House tried Tuesday to jump-start the effort to pass cybersecurity legislation by unveiling an updated proposal aimed at ironing out major sticking points in a long-stalled effort.

The new push is part of a week of White House announcements highlighting new technology and security policy initiatives for the new year. With announcements on data security, information sharing and broadband access, President Obama is trying to strike some contrast with the new Republican leadership on Capitol Hill — while also suggesting a few areas of compromise.

"Cyberthreats are an urgent and growing danger," Obama said Tuesday in remarks in suburban Washington at the National Cybersecurity and Communications Integration Center, which helps coordinate electronic communications among the government, the intelligence community and law enforcement.

He said that the move toward putting the nation's infrastructure online makes the issue of cybersecruity "a growing public safety and public health" concern. More...

01-13-2015 21:33

Sony malware may be linked to other damaging attacks: researchers

(Reuters) - Cybersecurity researchers have uncovered what they say is technical evidence linking the massive breach at Sony Corp's Hollywood studio with attacks in South Korea and the Middle East.

Moscow-based security software maker Kaspersky Lab said on Thursday it uncovered evidence that all three campaigns might have been launched by the same group, or facilitated by a single organization skilled in working with destructive malware.

In 2012, cyber attackers damaged tens of thousands of computers at Saudi Arabia's national oil company and Qatar's RasGas with a virus known as Shamoon, one of the most destructive campaigns to date. Some U.S. officials blamed Iran.

Last year, more than 30,000 PCs at South Korean banks and broadcasting companies were hit by a similar attack that cybersecurity researchers widely believe was launched from North Korea.

Kaspersky researcher Kurt Baumgartner told Reuters there are "unusually striking similarities" related to the malicious software and techniques in the two campaigns and the Nov. 24 Sony attack in which a malware dubbed "Destover" was used. More...

12-05-2014 07:44

'Sony-pocalypse': Why the Sony hack is one of the worst hacks ever

In a single week, hackers have brought a major Hollywood studio to its knees.

Sony Pictures is dealing with more than downed computers and frozen email. Movies have been leaked, and internal documents have exposed private company memos, along with employees' salaries, Social Security numbers and health information.

One security researcher, Adrian Sanabria, calls it "Sony-pocalypse." It's so devastating that the FBI is now warning other companies about the malicious software that infected Sony's computers.

This hack could prove extremely costly to Sony. Leaked movies. Every stolen copy of a movie is potentially a movie ticket lost. "Fury," the World War II drama starring Brad Pitt, has been downloaded illegally 2.3 million times, according to tracking firm Excipio.

The hack also threatens to suck the life out of Sony's (SNE) remake of the musical "Annie," starring Jamie Foxx, before it hits theaters in two weeks. It's been pirated more than 278,000 times. More...

12-05-2014 07:25

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