Google, Microsoft, Apple, Amazon and Amazon were among the companies committed to investing billions of dollars or develop programs to strengthen cybersecurity defenses and to train skilled workers, the White House announced Wednesday
The president raised concerns about the shortage of cybersecurity professionals, as the White House estimates roughly half a million cybersecurity jobs remain open, amid an onslaught of cybersecurity attacks.
Cybersecurity company UpGuard Inc. told IBJ that it was trying to help the Indiana Department of Health by notifying it of “leaked” data and “securing the information.”
The data included names, addresses, email addresses, gender identification, ethnicity and race information, and dates of birth. The state said no medical information was accessed.
U.S officials allege that China’s Ministry of State Security has been using criminal contract hackers who have engaged in cyber extortion schemes and theft for their own profit, officials said.
Although last week’s attack appears to have caused what Biden called “minimal damage” to U.S. businesses, it rattled national security officials, and personnel at key federal agencies worked through the July 4 holiday weekend to assess the damage.
On Wednesday, President Joe Biden and Vice President Kamala Harris will lead an interagency meeting to discuss the administration’s efforts to counter ransomware.
Thousands of organizations—largely firms that remotely manage the IT infrastructure of others—were infected in at least 17 countries in the assault. The notorious REvil gang is seeking tens of millions of dollars in extortion payments.
With ransoms skyrocketing, bipartisan legislation in the works would mandate immediate federal reporting of ransomware attacks to assist response, help identify the authors and even recuperate ransoms.
The escalating havoc caused by ransomware gangs raises an obvious question: Why has the United States, believed to have the world’s greatest cyber capabilities, looked so powerless to protect its citizens?
Five of JBS’ largest beef plants in the United States ceased processing because of the attack, knocking out almost one-fifth of the country’s beef production capacity.
The order directs the Commerce Department to craft cybersecurity standards for companies that sell software services to the federal government – a move that officials say they hope will ripple across the private sector.
The new privacy feature, dubbed “App Tracking Transparency,” rolled out Monday as part of an update to the operating system powering the iPhone and iPad.
The partnership, which is expected to tackle several research projects per year, is aimed at strengthening the cybersecurity of Rolls-Royce’s products, which are used in civilian and military aircraft, nuclear power plants and other applications.
Last year was the worst to date in terms of the economic toll from ransomware, with demands to victims averaging more than $100,000 and in some cases totaling tens of millions of dollars.
Indianapolis-based Trava Security Inc., which makes and markets an automated risk-management and cyber-insurance software platform, said it would use the funding on product development and to boost its workforce.
Victims of a massive global hack of Microsoft email server software—estimated in the tens of thousands by cybersecurity responders—worked Monday to shore up infected systems and try to diminish chances that intruders might steal data or hobble their networks.
The digital giant has been working on proposals to remove from Chrome so-called third party cookies, which are snippets of code used by a website’s advertisers to record browsing history in order to show users personalized ads.
Microsoft said that a “highly skilled and sophisticated” state-sponsored group operating from China has been trying to steal information from a number of American targets, including universities, defense contractors, law firms and infectious-disease researchers.
In the first congressional hearing on the breach, representatives of technology companies involved in the response described a hack of almost breathtaking precision, ambition and scope.