In explaining its reasons for closing shop, Bitconnect cited the relentless
cyberattacks it was experiencing along with «bad press» and «cease and desist» letters it received from two U.S. securities regulators.
Smith said technology companies are increasingly able to figure out who's behind
cyberattacks.
The statement comes on the same day that Microsoft announced it's one of 34 companies that signed the Cybersecurity Tech Accord, a document promising that, among other things, participants won't help governments operate
cyberattacks against innocent people or companies.
Germany said it has to assume Russia was behind
a cyberattack on its foreign ministry.
Digital currency also has become increasingly popular among those demanding online ransoms for
cyberattacks.
Both U.S. and U.K. intelligence agencies issued warnings on Monday of Russian
cyberattacks that could target government offices, small businesses, and individuals, according to The New York Times.
For several days this week, Bitconnect said it had come under a «continuous»
cyberattack known as a denial - of - service, depriving customers of their ability to withdraw money.
White House press secretary Sarah Sanders, meanwhile, described NotPetya as «the most destructive and costly
cyberattack in history.»
When we think about
cyberattacks on businesses, many of us think of a hoodie - clad hacker slouched over a keyboard in some far - flung, underground lair.
For Karpelès, Vinnik's arrest reinforced a long - held theory: that Russian Bitcoin exchange administrators were behind a series of denial - of - service and other
cyberattacks that hit Mt. Gox in 2011.
This was also a reckless and indiscriminate
cyberattack that will be met with international consequences,» Sanders said.
Experts say the world's largest PC maker pre-installed a virus - like software on laptops that makes the devices more vulnerable to
cyberattacks.
«We have entered a new era of warfare, witnessing a destructive and deadly mix of conventional military might and malicious
cyberattacks,» said British defense secretary Gavin Williamson.
The British and American statements are unusual in that it's usually difficult to accurately attribute the source of
cyberattacks.
While specifications in Obama's order are not mandatory, companies will want to abide by them because it is the standard they will be measured by in the case of
a cyberattack, Bosco said.
For example, after
a cyberattack hobbled Estonia's communications network in 2007, the government and private sector joined forces to create a state - of - the - art security system known as keyless signature infrastructure.
While it might seem like a menial task, Schulz explained you need to be vigilant, especially as
cyberattacks become increasingly common.
Cyberattacks are the greatest challenge threatening global stability, the German defense minister told CNBC Saturday.
Inadequate protections against
cyberattacks and potential environmental disasters stemming from climate change.
The new reporting requirements come after a year - long Senate investigation ending in May 2013 that found defense contractors who transported troops and supplies were the target of numerous
cyberattacks.
Washington, D.C. - area hospital chain MedStar became the latest health care industry victim of
a cyberattack Monday as hackers infiltrated its systems with a virus that crippled its IT infrastructure.
Stein has argued, without evidence, that irregularities in the votes in all three states suggest that there could have been tampering with the vote, perhaps through a well - coordinated, highly complex
cyberattack.
Friday's
cyberattack in more than 150 countries has reminded the world it's important to get the basics of online security right, a chief executive officer of a cybersecurity firm told CNBC.
U.S. prosecutors on Tuesday unveiled expanded criminal charges against three men in connection with a massive 2014
cyberattack against JPMorgan Chase & Co and the hacking of several other major financial companies and financial news publishers.
• An 18 - page presidential memo shows Obama ordering intelligence officials to draw up a list of overseas targets for
cyberattacks.
And new threats, including
cyberattacks, are attracting government dollars to a host of companies outside the big five defence suppliers (Huntington Ingalls, Northrop Grumman, Lockheed Martin, Raytheon and General Dynamics).
You can't pick up the paper or tune in to the news without hearing about the latest
cyberattack against a prominent business.
This is the second time this year that the U.S. and U.K. have attributed
cyberattacks on Russia, following their unprecedented attribution in February of last year's extremely expensive NotPetya attack.
The hack sets a new precedent and draws into question the US government's ability to deter state - sponsored
cyberattacks on even the most sensitive government and political operations.
Most of
the cyberattacks will come this week from nation - states or protesters, the official charged with protecting the network says.
The cyberattack that knocked hundreds of Japanese school networks offline had at least one novel feature: It was allegedly instigated by a student.
Sony Pictures this week backtracked from its original decision to cancel the release of the $ 44 million film after major U.S. theater chains pulled out because of threats of violence by Guardians of Peace, a computer hacking group that claimed responsibility for a destructive
cyberattack on Sony last month.
Three men have pleaded guilty to charges related to the widespread Mirai botnet
cyberattack in Oct. 2016 that took down various Internet services and websites.
There are always about six operatives available to address questions, for example, about how to send encrypted messages, and strategize about how to leverage local access into
cyberattacks.
There would also need to be new security standards for this version of 5G, in order to «build a network that is inherently secure» against Chinese
cyberattacks.
A recent example of this is Operation Orchard, the Israeli attack on a suspected Syrian nuclear facility that was enabled by a concurrent
cyberattack to shut down Syria's air defenses.
And, given the sensitive nature of medical data, health care systems are a natural draw for
cyberattacks.
Coincheck, the virtual exchange hit by
the cyberattack, said it would refund customers following the theft.
Some types of health care
cyberattacks are more difficult to avoid than others, especially given the sorry state of health IT infrastructure.
A specialist EU team that detects and counters Russian
cyberattacks, the East Stratcom Task Force, has reported an increase in campaigns aimed at aggravating the crisis, in what is a clear echo of the charges made against Russia in the U.S. election campaign last year, and the French and German election campaigns this year.
«The amendment to the underlying Iran sanctions bill maintains and substantially expands sanctions against the government of Russia in response to the violation of the territorial integrity of the Ukraine and Crimea, its brazen
cyberattacks and interference in elections, and its continuing aggression in Syria,» said Republicans and Democrats on the committees.
In the era of
cyberattacks, both domestic and foreign, I don't think we were as secure as we needed to be,» Romero said.
Merck among companies wound up in global
cyberattacks.
Sophos's figures echo those released last week from a McAfee study, which warned of the growing threat of
cyberattack on critical systems.
At the S4 security conference on Thursday, researchers from the industrial control company Schneider Electric, whose equipment Triton targeted, presented deep analysis of the malware — only the third recorded
cyberattack against industrial equipment.
That's up from 11.6 percent in the fourth quarter of 2017, outranking other threats that have recently ranked high among business concerns, including «threat of
cyberattack» and «consumer demand.»
There are certainly lessons that consumers should learn from the most recent
cyberattacks, too.
The firm noted that other companies and organization had also been affected by
cyberattacks on Tuesday.
A cyberattack forced four natural - gas pipeline operators to temporarily shut down computer communications with their customers.
And, here again, this concern doesn't even begin to consider the danger presented by malicious or criminal
cyberattacks and other forms of corporate espionage that increase in frequency and severity every day.