computer security News

Intel Downplays Effect of Security Flaw as Investors Worry About Liability

Security issues with Intel Corp. microchips are only slowing computers slightly, technology companies said, as researchers played down the need for mass hardware replacements to protect millions of devices from hackers. Google and other security researchers this week disclosed two …

What to Do About Newly-Discovered Computer Security Flaws

Researchers from Google, academia and cybersecurity firms discovered two flaws in computer chips that affect nearly all modern computers. “Meltdown” is a flaw that affects laptops, desktop computers and internet servers with Intel chips and could let hackers steal data, …

Russian Hackers Moved Ruble-Dollar Rate at Regional Bank: Cyber-Security Firm

Hackers used malware to penetrate the defenses of a Russian regional bank and move the ruble-dollar rate more than 15 percent in minutes, according to a Moscow-based cyber-security firm hired to investigate the attack. Russian-language hackers deployed a virus known …

Russia Cracks Down on Financial Hacking Ring, Raiding Moscow Office: Sources

Russian authorities in November raided offices associated with a Moscow film distribution and production company as part of a crackdown on one of the world’s most notorious financial hacking operations, according to three sources with knowledge of the matter. Cyber …

Israel’s Illusive Networks Aims to Foil Hackers by Directing Them to Fake Data

Israeli start-up Illusive Networks says it can foil cyber hackers by lulling them into thinking they have found a way to steal data, which is actually fake. The company, set up last year, says algorithms in its software are able …

Hackers Increasingly Target Banks, Corporations Instead of Consumers

Hackers are increasingly stealing directly from banks and other companies and helping organized crime to operate more efficiently, according to the chief of cyber-security firm Kaspersky Lab. Examples range from infecting cash machines to dispense all their money to thieves, …

Companies Should Assume Cyber Attackers Are Already Inside: McAfee

Companies seeking to shield valuable data from criminals and government spying should assume the attackers have already penetrated their systems and adjust defensive strategies, security firms McAfee and Symantec Corp. said. “You must assume something is going on and you …