cyber security News

Hackers Access 145M EBay Records

EBay Inc said that hackers raided its network three months ago, accessing some 145 million user records in what is poised to go down as one of the biggest data breaches in history, based on the number of accounts compromised. …

Company Data Breach Now Costs $3.5M on Average: Ponemon Study

The average cost of a corporate data breach increased 15 percent in the last year to $3.5 million, according to a study. The study by the Ponemon Institute out of Michigan also found that the cost incurred for each lost …

Data Breach Could Prove Costly for Target’s Payment Vendors

Companies that help Target Corp process payments could face millions of dollars in fines and costs resulting from the unprecedented data breach that struck the retailer over the holiday shopping season. Investigators are still sorting through just how thieves compromised …

Indiana University Chosen as Partner in Army Cyberattack Research

Indiana University scientists are celebrating their selection to help with a $23 million Army push to thwart cyberattacks. IU and four other schools will work with the Army Research Laboratory to create systems for detecting cyberattacks and predicting their impact …

Vice President Says China Cyber Theft Must Stop

Vice President Joe Biden said Wednesday that China’s rise is good for the U.S. and the world but its theft of U.S intellectual property must stop, as the two global powers began annual talks to build cooperation and hash out …

The Near Impossible Battle Against Hackers Everywhere

Dire warnings from Washington about a “cyber Pearl Harbor” envision a single surprise strike from a formidable enemy that could destroy power plants nationwide, disable the financial system or cripple the U.S. government. But those on the front lines say …

South Carolina Legislators Pledge to Tackle Cyber Security

South Carolina legislators say they’re willing to spend whatever it takes to prevent another massive security breach in state government, once they have a handle on what’s necessary. House and Senate leaders of both parties say cyber security will be …

Researchers Help Address Software Weaknesses

Millions and millions of lines of computer software code are written around the world every day, advancing technology but also creating an obvious problem. Some of it will be bad, some of it will create unintended consequences and some of …

Cyber Security Bill Dead After Second U.S. Senate Rebuff

Senate Majority Leader Harry Reid declared a U.S. cyber security bill, opposed by business and privacy groups, dead on Wednesday after it failed a test vote for the second time. The bill would have increased information-sharing between intelligence agencies and …

White House Planning Executive Order on Cyber Security

The White House is preparing to direct federal agencies to develop voluntary cyber security guidelines for owners of power, water and other critical infrastructure facilities, according to people who said they had seen recent drafts of an executive order. The …