cyber attacks News

Equifax Slapped with $658,000 Fine for Privacy Lapses After UK Cyber Attack

Credit reporting company Equifax Inc. was slapped with a maximum 500,000 pound ($658,000) fine by the U.K.’s privacy watchdog for failing to protect the personal information of as many as 15 million British citizens during a cyber attack on its …

Cyber Criminals Steal $13.5M from India’s Cosmos Bank

Cyber criminals hacked the systems of India’s Cosmos Bank and siphoned off nearly 944 million rupees ($13.5 million) through simultaneous withdrawals across 28 countries over the weekend, the bank has told police. The co-operative bank said unidentified hackers stole customer …

Samsung Galaxy S7 Smartphones Vulnerable to Hackers: Researchers

Samsung’s Galaxy S7 smartphones contain a microchip security flaw, uncovered earlier this year, that has put tens of millions of devices at risk to hackers looking to spy on their users, researchers told Reuters. The Galaxy S7 and other smartphones …

Taiwan iPhone Chipmaker Scrambles to Recover After Debilitating Computer Virus

Taiwan Semiconductor Manufacturing Co. (TSMC), which makes chips for the iPhone and other devices, is recovering from a debilitating computer virus but warned of delayed shipments and reduced revenue because of the impact on its factories. TSMC said that 80 …

3 Ukrainians Arrested for Costly Cyber Attacks on U.S. Firms: Justice Department

Three Ukrainians have been arrested on criminal hacking charges including stealing payment card numbers, in attacks on more than 100 U.S. companies that cost businesses tens of millions of dollars, the U.S. Justice Department said on Wednesday. U.S. prosecutors alleged …

India Weighs Comprehensive Data Privacy Bill, Similar to EU’s GDPR

A draft of a sweeping data privacy bill has been submitted to India’s government that, if enacted, will restrict the transfer and storage of information on more than 1 billion people by global technology corporations from Facebook Inc. to Google. …

UK Retailer Dixons Carphone Reveals 2017 Cyber Attack Hit 10 Million Data Records

British electricals and mobile phone retailer Dixons Carphone said on Tuesday that about 10 million records containing personal data of customers may have been obtained in a cyber attack in 2017, much higher than its earlier estimates. The company, which …

Chinese Acquisitions of High-Tech Firms Pose Security Risk: German Spy Chief

Chancellor Angela Merkel’s top counterintelligence official said Chinese acquisitions of high-tech companies in Germany represent a potential national-security threat. The head of Germany’s top domestic intelligence agency, Hans-Georg Maassen, highlighted the issue in an annual report on security risks that …

National Security Agency Chief Forms Task Force to Counter Russian Cyber Threats

Paul Nakasone, U.S. cyber commander and director of the National Security Agency, confirmed that he’s created a special task force to address Russian threats in cyberspace. Russia has “great capabilities on which we will certainly be called upon,” Nakasone said …

U.S. Energy Regulator Pushes for Disclosure of Cyber Attacks on Electric Grid

The U.S. government on Thursday asked power generators to disclose more information about cyber attacks amid growing concern that foreign hackers could disrupt the electric grid. The Federal Energy Regulatory Commission (FERC), an energy industry regulator, called for the power …