Cyber threats like hacking, phishing, ransomware, and distributed denial-of-service (DDoS) attacks have the potential to cause enormous problems for organizations. Not only can companies suffer serious service disruption and reputational damage, but the loss of personal data can also result in huge fines from regulators.
Take British Airways as an example. In 2019, the airline was fined more than £183m by the UK’s Information Commissioner’s Office (ICO) after customer data was compromised in a cyber-attack. Customer details, including name, address, logins, and payment card, were harvested by hackers – affecting half a million customers in total. The fine, which amounts to around 1.5% of British Airways’ global 2018 turnover, was the first proposed by the ICO under the new General Data Protection Regulation (GDPR).
Cyberattacks like this are hitting the headlines with increasing frequency. But
BAE Systems has unveiled a next-generation cyber-threat detection and mitigation solution for U.S. military platforms.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201013005646/en/
The new Fox Shield suite is a next-generation cyber-threat detection and mitigation solution for U.S. military platforms including ground vehicles. (Photo: BAE Systems)
The Fox Shield™ suite is designed to help platforms detect, respond, and recover from cyber attacks in real time. The system’s cyber resilience capabilities can be integrated into ground, air, and space vehicles to protect our warfighters and platforms from cyber attacks designed to access and degrade mission capabilities.
“Cyber protection was not necessarily a mission-critical capability when some of these platforms were first developed. That’s why we designed the Fox Shield cyber resilience system to be easily integrated into new and legacy platforms,” said Michael Weber, technical manager for FAST Labs’ Cyber Technology group at BAE Systems. “Security for our
The effort is part of what Gen. Paul Nakasone, the head of Cyber Command, calls “persistent engagement,” or the imposition of cumulative costs on an adversary by keeping them constantly engaged. And that is a key feature of CyberCom’s activities to help protect the election against foreign threats, officials said.
“Right now, my top priority is for a safe, secure, and legitimate 2020 election,” Nakasone said in August in a set of written responses to Washington Post questions. “The Department of Defense, and Cyber Command specifically, are supporting a broader ‘whole-of-government’ approach to secure our elections.”
Trickbot is malware that can steal financial data and drop other malicious software onto infected systems. Cyber criminals have used it to install ransomware, a particularly nasty form of malware that encrypts users’ data and for which the criminals then demand payment — usually in cryptocurrency — to unlock.
When the U.S. Space Force was created by an act of Congress in 2019, it was an acknowledgement by government leaders that the country needed military-level protection on more than just the ground. A combination of technology advancement and cybsersecurity threats had forced the U.S. to protect public and private assets orbiting the Earth — and potentially other planets in the not-too-distant future.
“We now see space as a war fighting domain,” said Maj. Gen. John E. Shaw (pictured, left), commander of the Combined Force Space Component Command, U.S. Space Command and Commander of the Space Operations Command, U.S. Space Force, at Vandenberg Air Force Base, California. “There’s nothing that we do on the cutting-edge of space that isn’t heavily reliant on the cutting-edge of cybersecurity. Space and cyber are forever intertwined.”
Shaw spoke with John Furrier, host of theCUBE, SiliconANGLE Media’s livestreaming studio, during the Space & Cybersecurity
Oct. 6 (UPI) — Marines with I Marine Expeditionary Force Information Group and 1st Force Reconnaissance Company received two weeks of training in tactical cyber electronic warfare recon and survey capabilities last month, the Marine Corp said Tuesday.
The training, which took place Sept. 7 to 18 at California’s Camp Pendleton, was designed to introduce the Marines to newly developed capabilities generated from U.S. Cyber Command and U.S. Marine Corps Forces Cyberspace.
USCYBERCOM and MarkPoint technologies plan to provide this training, which is intended to develop Marines’ ability to map out the digital terrain, for two years under a direct award called Rapidly Deployable Access Capabilities.
The course also supported the development and delivery of future capabilities that address the constantly changing battlefield with the Internet of Things, officials said.
“Getting to work with Marines from other aspects of the Marine Corps is a great opportunity, especially for a junior
Good day. The European Commission proposed legislation that would stop banks and financial firms from using tech services that present known cybersecurity risks. Regulators would have the authority to require banks to suspend or stop using a company’s services if the flaws aren’t fixed, WSJ Pro’s Catherine Stupp reports.
Universal Health Services
restores network after cyberattack and is still reconnecting applications; retailer
fined $41.6 million for privacy abuses; China tells World Trade Organization that TikTok and
bans violate cross-border trade rules.
Also today: Cybersecurity jobs of the future.
EU seeks authority to cut off banks’ tech suppliers if they are found wanting on cybersecurity. Banks and other financial institutions could be forced to cut ties with cloud providers and other technology suppliers under a draft European Union regulation that aims to limit cybersecurity risks to
WiseGuyReports.com Publish A New Market Research Report on –“ Defense Cyber Security Market Innovations, Trends, Technology And Applications Market Report To 2020-2026”.
Defense Cyber Security Market 2020
The Defense Cyber Security industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Defense Cyber Security market size to maintain the average annual growth rate of XYZ from XYZ million $ in 2015 to XYZ million $ in 2020, The analysts believe that in the next few years, Defense Cyber Security market size will be further expanded, we expect that by 2025, The market size of the Defense Cyber Security will reach XYZ million $.
This Report covers the manufacturers’ data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the
It’s beginning to look a lot like holiday shopping season even though it’s not Halloween. You can thank evolving shopping habits, COVID-19, a delayed Amazon Prime Day, supply chain concerns, and crimped consumer and business budgets.
The moving parts are going to be enough to make Black Friday more of a 2020 retailing blip than the biggest shopping day of the year.
Simply put, the calendar is moving forward and households won’t have as much to spend. The winners will be Amazon, which is likely to deliver its biggest fourth quarter in history, and retailers such as Walmart, Best Buy, and Target that have mastered buy online pickup in-store and other digital sales tactics.
In addition, Amazon’s rivals are all planning sales around Prime Day. Those moves will just create a flywheel of demand that’ll minimize the importance of retail’s big holiday shopping days.
BUDAPEST (Reuters) – Some Hungarian banking and telecommunication services were briefly disrupted by a powerful cyber attack on Thursday launched from computer servers in Russia, China and Vietnam, telecoms firm Magyar Telekom
said on Saturday.
The event was a distributed-denial-of-service (DDoS) attack, a cyber attack in which hackers attempt to flood a network with unusually high volumes of data traffic in order to paralyse it.
The volume of data traffic in the attack was 10 times higher than the amount usually seen in DDoS events, the company said.
“That means that this was one of the biggest hacker attacks in Hungary ever, both in its size and complexity,” it said.
“Russian, Chinese and Vietnamese hackers tried to launch a DDoS attack against Hungarian financial institutions, but they tried to overwhelm the networks of Magyar Telekom as well,” the company added in a statement.