Nation-state-sponsored advanced persistent threats (APTs) are only going to increase in volume and sophistication over the next few years, and the US needs to take the offense in countering these threats, argues Peter George, president and chief executive officer of network security firm Fidelis.
Some hacks are epic not merely for their significance in IT security, but for their sheer creativity and novelty. They're those in-your-face hacks that both entertain and educate, and crack those things we take for granted in our everyday lives.
Postal workers, department store clerks and elves aren’t the only ones working like crazy this holiday season. For Bryan Sartin, it’s the busiest time of year. Sartin is a director of investigative response with Verizon Business. He’s the guy you call when you’ve been hacked and he usually doesn’t get much of a Christmas vacation. “Right before big holidays, particularly Christmas and New Year’s is when the very vast majority of people seem to find out that they’ve been hacked,” he says. “We’ll do as much as 20 percent of our annual caseload during this part of December.”
The Manhattan district attorney's office recently announced indictments of 55 people charged with stealing millions of dollars in a massive fraud scheme. "The defendants, many of whom reside in Brooklyn, N.Y, are accused of stealing more than $2 million from Chase, TD Bank, Citibank, Discover and American Express, Manhattan District Attorney Cyrus Vance announced Friday," writes SC Magazine's Angela Moscaritolo.
The latest casualty in China's alleged cyberespionage campaign against U.S. interests? The U.S. Chamber of Commerce. Information on the Chamber's 3 million members, representing most of the top companies in the U.S., was potentially exposed in a targeted attack that might have been in operation for more than a year and was eventually halted by the Chamber in May 2010, according to a report in The Wall Street Journal.
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