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IBM: We never shared client data with NSA

IBM is the latest tech giant to deny any involvement in NSA’s PRISM data collection program and to claim that they have not set up backdoors in their products. “In …

Digital devices used every day that could result in a security breach

Data breaches cost U.S. enterprises an average of $5.4 million per incident in 2012, according to the Ponemon Institute and Cintas Corporation. With the growing number of …

Mt. Gox CEO doxing was a ploy to spread Bitcoin-stealing malware

The recent hacking and defacing of the blog and Twitter account of Mt. Gox CEO Mark Karpeles, and the leaking of a 716 Mb archive file that allegedly contained trade data, …

Exploiting vulnerabilities in media players to spread advanced malware

Trusteer’s research has shown that vulnerable media players are constantly targeted by malicious actors. Since in most environments media players exist on users’ …

EU sets huge fines for firms who violate users’ privacy

MEPs inserted stronger safeguards for EU citizens’ personal data that gets transferred to non-EU countries in a major overhaul of the EU’s data protection laws …

US announces transition of oversight over Internet’s domain name system

The US Commerce Department’s National Telecommunications and Information Administration (NTIA) announced its intent to transition key Internet domain name functions to …

New authenticated encryption algorithm is resistant to multiple misuse

Nippon Telegraph and Telephone Corporation, Mitsubishi Electric Corporation and the University of Fukui have jointly developed an authenticated encryption algorithm offering …

Week in review: Target breach reaction fail, WordPress sites exploited in DDoS attack

Here’s an overview of some of last week’s most interesting news, podcasts, videos, interviews and articles: Latvia establishes a Cyber Defence Unit The newly …

“Malaysian Airlines flight MH370 found” video is a scam

Cyber scammers are misusing the public’s interest in the fate of the recently disappeared plane on Malaysia Airlines flight MH370 to lure users into filling in online …

Target failed to act on malware alerts and signs of breach

The massive Target data breach could have easily been prevented if only its IT team had the good sense to thoroughly check out the alerts it received from the $1.6 million …

Tax-related identity theft will rise

Tax-related identity theft has been on the rise for years and the ITRC predicts it won’t be slowing down in 2014. The Javelin Strategy & Research 2014 Identity …

Pwn2Own 2014 ends, $850k distributed to successful hackers

Day two of the Pwn2Own hacking contest at the CanSecWest Conference in Vancouver has ended with Safari, Internet Explorer, Firefox, Chrome and Flash going down. The Vupen team …

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