Business / Tech Jun 10, 2014

Private U.S. report accuses another Chinese military unit of hacking

A private U.S. cybersecurity company on Monday accused a unit of China's military of conducting far-reaching hacking operations to advance the country's satellite and aerospace programs. Security company CrowdStrike said Shanghai-based unit 61486 of the People's Liberation Army 12th bureau has attacked networks of Western ...

Russian charged after U.S. disrupts major hacking, extortion ring

Business / Tech Jun 3, 2014

Russian charged after U.S. disrupts major hacking, extortion ring

A U.S.-led international operation disrupted a crime ring that infected hundreds of thousands of PCs around the globe with malicious software used for stealing banking credentials and extorting computer owners, the Justice Department said Monday. Authorities in nearly a dozen countries worked with private security ...

eBay criticized for weak response to huge data loss

Business May 23, 2014

eBay criticized for weak response to huge data loss

EBay Inc. came under pressure Thursday over a massive hacking of customer names, addresses and passwords as three U.S. states began investigating the e-commerce company's security practices. Connecticut, Florida and Illinois said they are jointly investigating the matter. New York Attorney General Eric Schneiderman said ...

Suspect flip-flops on email threats

National / Crime & Legal May 20, 2014

Suspect flip-flops on email threats

by Tomohiro Osaki

A computer expert on trial for sending violent threats from other people’s hacked computers has admitted he’s guilty, calling himself “a psychopath” in a surprise confession, his lawyer says, potentially ending a case that had earlier seen police arrest the wrong suspects.

China slams U.S. charges over hacking, data theft

Asia Pacific May 20, 2014

China slams U.S. charges over hacking, data theft

The United States on Monday charged five Chinese military officers and accused them of hacking into American nuclear, metal and solar companies to steal trade secrets, ratcheting up tensions between the two world powers over cyberespionage. China immediately denied the charges, saying in a strongly ...

Japan, EU to hold cyberspace talks

Business / Tech May 3, 2014

Japan, EU to hold cyberspace talks

Prime Minister Shinzo Abe and European Union leaders will agree at a summit in Brussels on May 7 to launch a dialogue to boost cybersecurity, according to a draft of a statement that is expected to be issued after the meeting. With China as a ...

Big tech companies offer millions after Heartbleed crisis

Business / Tech Apr 25, 2014

Big tech companies offer millions after Heartbleed crisis

The world's biggest technology companies are donating millions of dollars to fund improvements in open source programs like OpenSSL, the software whose "Heartbleed" bug has sent the computer industry into turmoil. Amazon, Cisco Systems, Facebook, Google, IBM, Intel and Microsoft are among a dozen companies ...

'Heartbleed' computer bug threat spreads to firewalls and beyond

Business / Tech Apr 11, 2014

'Heartbleed' computer bug threat spreads to firewalls and beyond

Hackers could crack email systems, security firewalls and possibly mobile phones through the "Heartbleed" computer bug, according to security experts who warned on Thursday that the risks extended beyond just Internet servers. The widespread bug surfaced late on Monday, when it was disclosed that a ...