Insights and Research

Top 7 Cybersecurity Stories This Week 12-02-2016

Too busy working to keep up with cybersecurity news this week? Here’s a round-up of the top stories from the cyberscape.

Top 7 Cybersecurity Stories This Week 12-02-2016

SF Muni Systems back online following weekend ransomware attack

San Francisco commuters were given an unexpected surprise of free rides this holiday weekend, following a ransomware attack that took down the city's MUNI fare system. On Saturday, the hackers left a brief message on Muni ticketing systems which stated, “You Hacked, ALL Data Encrypted.” Muni spokesperson Paul Rose stated, “There’s no impact to the transit service, but we have opened the fare gates as a precaution to minimize customer impact.” Read more.

 

German spy chief warns of Russian attempts to disrupt election

Following allegations of Russian interference in the U.S election, German officials are on high alert for attempts to undermine its election next year. Bruno Kahl, who leads Germany's Federal Intelligence Service, stated "We have evidence of cyber attacks that have no other purpose than triggering political uncertainty. The perpetrators are interested in delegitimizing the democratic process as such, no matter who that subsequently helps." Read more.

One million Google accounts compromised by Android malware Gooligan

A new variant of malware launched on Android is believed to be responsible for the single biggest theft of Google account records. The attacks have compromised one million Google accounts, including hundreds that belong to enterprise users. Read more.

 

Microsoft, IBM and Intel file objections against China's cybersecurity regulations

 

Major tech companies are pushing back against a new cybersecurity rule in China that requires software companies, network-equipment makers and other technology suppliers to disclose their proprietary source code to prove their products can’t be compromised by hackers. Tech companies are arguing in defiance of the new rule, stating sharing code will likely decrease security and hurt innovation and competition within the industry. Companies including Microsoft, IBM and Intel have filed objections, which maintain that sharing source code itself cannot prove that software is secure and controllable. Read more.

Amazon launches DDoS protection for AWS web applications

During its re:Invent developer conference, Amazon announced the general availability of a new product called Shield that provides a DDoS service for web apps that run on Amazon’s cloud computing service. The service is free and already turned on by default for web applications running on AWS. TechCrunch reports Amazon will also a premium version that protects against more sophisticated attacks. Read more. 

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