Three former U.S. intelligence and military officials have agreed to pay $1.7 million to the U.S. government and admitted to providing hacking technology to the United Arab Emirates, the Department of Justice announced on Tuesday. Marc Baier, Ryan Adams, and Daniel Gericke made the admission as part of a first-of-its-kind deferred prosecution agreement, under which…
T-Mobile CEO Says ‘Truly Sorry’ for Hack of 50 Million Users’ Data
BELLEVUE, Wash.—T-Mobile says it has notified nearly all of the millions of customers whose personal data was stolen and that it is “truly sorry” for the breach. CEO Mike Sievert said in a written statement Friday that the company spends lots of effort to try to stay ahead of criminal hackers “but we didn’t live…
The Dangerous War We Don’t See
July 22, 2021
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Commentary On Monday, the Biden administration formally blamed China for a massive cyberattack against Microsoft’s email software that impacted tens of thousands of U.S. businesses, government offices, and schools. In response to this attack, the Biden administration opted for the “name and shame” approach by calling out China and publicizing an advisory list of more…
NTD Business Full Broadcast (July 19)
The popular trading app Robinhood says could be worth as much as 35 billion dollars, it’s seeking to cash-in in one of this year’s biggest IPOs. A group of countries says the China was responsible for hacking into Microsoft’s Exchange Server earlier this year, it’s the first time the NATO alliance has signed onto an…
Biden Orders Probe of Latest Ransomware Attack
CENTRAL LAKE, Mich.—President Joe Biden said on Saturday he has directed intelligence agencies to investigate who was behind a sophisticated ransomware attack that hit hundreds of American businesses. Biden, on a visit to Michigan to promote his vaccination program, was asked about the hack while shopping for pies at a cherry orchard market. Biden said…
Where’s the Beef? Thanks to Russian Hackers, It’s Ever Closer to Home
Commentary MURRYSVILLE, Pennsylvania—Elaine Noll is standing in front of the cherry white and blue stand for Billy’s Country Smokehouse at the local farmers market. Wrapped around her left arm is a canvas bag filled with local roots and vegetables she purchased. She is now listening as Shirley Stana explains to her the different fresh and…
Our Cybersecurity in a Cyberwarfare Age
Commentary The Department of Homeland Security has declared the United States has 16 “critical infrastructure sectors.” Translated, that means these enterprises are crucial to a safe and orderly society. The sectors include: food and agriculture, water, medical and health care, energy, transportation, telecommunications, law enforcement and, of course, our defense systems. With increasing regularity foreign-based…
Colonial Pipeline Cyberattack Exposes Vulnerabilities in Critical Infrastructure
News Analysis The cyberattack that shut down the Colonial Pipeline in the United States made clear the consequences of such attacks in a tangible way, as it led to gas price hikes and even fuel pump closures in the American Northeast, causing disruptions to daily life. The incident serves as a sign of things to…
Microsoft Could Reap More Than $150 Million in New US Cyber Spending, Upsetting Some Lawmakers
SAN FRANCISCO/WASHINGTON—Microsoft stands to receive nearly a quarter of Covid relief funds destined for U.S. cybersecurity defenders, sources told Reuters, angering some lawmakers who don’t want to increase funding for a company whose software was recently at the heart of two big hacks. Congress allocated the funds at issue in the COVID relief bill signed…
Putin Warns Against US ‘Retaliation’ Over Alleged SolarWinds Hack
A spokesman for Russian President Vladimir Putin warned the United States should it retaliate for the alleged SolarWinds hack. Dmitry Peskov, Putin’s spokesman told the TASS news agency on Tuesday that the “alarming information” would constitute a “pure international cybercrime” and is condemned under international law. “The Russian state has never had anything to do…
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