US DOE Introduces New Cybersecurity Office to Protect Energy Sector

The U.S. Department of Energy (DOE) has announced the establishment of a new cybersecurity office to help protect and prepare the energy sector, including the oil and gas industry. Named the Office of Cybersecurity, Energy Security, and Emergency Response, or CESER, the new office received nearly $96 million in funding for the 2019 fiscal year. … Read More The post US DOE Introduces New Cybersecurity Office to Protect Energy Sector appeared first on The State of Security.
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New iOS Bug Crashes Apple Devices, Blocks Access to Apps and iMessages

A new bug in certain versions of Apple’s operating system can cause iPhones, Macs and even Apple Watches to crash, blocking access to iMessages and other popular apps. As reported by Italian blog Mobile World, the bug affects devices running iOS11 when an Indian language (Telugu) character is received or simply typed in a text field. … Read More The post New iOS Bug Crashes Apple Devices, Blocks Access to Apps and iMessages appeared first on The State of Security.
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New ‘UDPoS’ Malware Exfiltrates Credit Card Details via DNS Server

Researchers have identified a new strain of point-of-sale (PoS) malware that impersonates a LogMeIn service pack to steal credit card data via a DNS server. According to security firm Forcepoint, the malware – dubbed “UDPoS” – is unusual in that it generates a large amount of UDP-based DNS traffic to exfiltrate magnetic strip payment card … Read More The post New ‘UDPoS’ Malware Exfiltrates Credit Card Details via DNS Server appeared first on The State of Security.
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Ukraine Power Distributor to Invest $20M in New Cyber Defense System

Ukrainian state power distributor Ukrenergo announced on Tuesday its plans to invest up to $20 million to boost its cybersecurity. According to Reuters, chief executive Vsevolod Kovalchuk said the company is working to implement a new cyber defense system by 2020, including new software and “administrative actions.” In a briefing, Kovalchuk told reporters that Ukrenergo … Read More The post Ukraine Power Distributor to Invest $20M in New Cyber Defense System appeared first on The State of Security.
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Facebook’s New Policy Bans All Ads Promoting Cryptocurrencies

Facebook announced on Tuesday its plans to ban all ads that promote Bitcoin and other digital currency exchanges, initial coin offerings (ICOs) and binary options. The social network said the new policy aims to protect users from scams, describing such financial services as “frequently associated with misleading or deceptive promotional practices.” In a company blog … Read More The post Facebook’s New Policy Bans All Ads Promoting Cryptocurrencies appeared first on The State of Security.
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UK Critical Infrastructure Firms Could Face £17m Fine for Inadequate Cybersecurity

Organizations operating critical infrastructure could face hefty fines of up to £17m if they lack adequate cybersecurity measures, the UK government announced over the weekend. The penalties would apply to energy, transport, water and health firms that “fail to have the most robust safeguards in place against cyber attack,” the UK government said in a … Read More The post UK Critical Infrastructure Firms Could Face £17m Fine for Inadequate Cybersecurity appeared first on The State of Security.
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Facebook Offering $100K Grants to Fund Internet Security Projects

Facebook announced on Monday the launch of a new grant program, inviting university researchers, nonprofits and NGOs to submit research proposals for improving online security. The initiative, named “Secure the Internet Grants,” will award funding of up to $100,000 for innovative technologies aimed to combat phishing, detect and report abuse, improve security in emerging markets, … Read More The post Facebook Offering $100K Grants to Fund Internet Security Projects appeared first on The State of Security.
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Uber Reportedly Ignored Security Flaw That Grants Hackers Access to User Accounts

Uber is under fire for reportedly dismissing a security flaw that can allow hackers to bypass the app’s two-factor authentication (2FA) and gain unauthorized access to user accounts. A New Delhi-based security researcher, Karan Saini, discovered the flaw and filed a report with HackerOne, which administers the ride-hailing app’s bug bounty program. According to Saini, … Read More The post Uber Reportedly Ignored Security Flaw That Grants Hackers Access to User Accounts appeared first on The State of Security.
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U.K. Shipping Company Clarksons Hit by Cyberattack, Refuses to Pay Ransom

Container shipping giant Clarksons announced on Wednesday that it fell victim to a cyberattack in which hackers made off with confidential company information. The London-based shipbroker – one of the world’s largest shipping service providers – said the incident involved unauthorized access to its computer systems “via a single and isolated user account,” which has … Read More The post U.K. Shipping Company Clarksons Hit by Cyberattack, Refuses to Pay Ransom appeared first on The State of Security.
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Uber Reportedly Paid Hackers $100K to Conceal Data Breach Impacting 57M Users

A massive breach impacting 57 million Uber customers and drivers went undisclosed for more than a year. According to Bloomberg, the ride-hailing app ousted its Chief Security Officer Joe Sullivan and one of his deputies for attempting to conceal the data breach. The cyberattack, which dates back to October 2016, led to the exposure of … Read More The post Uber Reportedly Paid Hackers $100K to Conceal Data Breach Impacting 57M Users appeared first on The State of Security.
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