business cybersecurity News

U.S. Retailers Warned About Hacking Software

More than 1,000 U.S. retailers could be infected with malicious software lurking in their cash register computers, allowing hackers to steal customer financial data, the Homeland Security Department said Friday. The government urged businesses of all sizes to scan their …

Cybersecurity Analysts Stress Need for Data Sharing by Companies

In an 11-story office building in the Washington suburbs, hundreds of U.S. cybersecurity analysts work around the clock to foil hackers. Possible breaches of government networks show up as red flashes on screens that line the walls. Something big is …

Cyber Theft, Already a $445 Billion Business, to Grow Bigger

Cybercrime remains a growth industry. That’s the main message from former U.S. intelligence officials, who in a report today outlined scenarios for how $445 billion a year in trade theft due to computer hackers will worsen. They warned that financial …

Secret Service Agent Says Many Cyber Breaches Go Unreported

Many breaches in data security may be going unreported by American businesses. That’s according to Kirk Arthur, supervisory special agent for the U.S. Secret Service’s San Francisco field office. “Businesses simply don’t report it,” said Arthur, who was speaking in …

Financial Services, Retail Groups Team Up on Cybersecurity

U.S. banks and retail groups announced on Thursday that they are joining forces to work on cybersecurity, a sign they are trying to move past recent squabbles over who is to blame for data breaches. The Financial Services Roundtable, Retail …

Privacy Breaches Afflict Texas Psych Hospitals

A review of state records by a newspaper has found five incidents in about the last six months where patients’ health records have made their way out of Texas’ 10 public psychiatric hospitals. The Austin American-Statesman reported that in one …