Archive
Iran Denies Charges of Cyber Attacks on US Banks
Just one month after reports surfaced that Iran was hit with yet another cyber attack, the country is back in the spotlight, this time being blamed for a series of cyber attacks on U.S. banks.
According to Reuters, the websites of Bank of America and JPMorgan Chase unexpectedly went down last week, with a source familiar with the issue telling the news agency that “massive denial-of-service attacks” were to blame.
But as the banks continue to investigate, some are already speculating that the attacks were a product of Iranian hackers, retaliating for U.S. and European sanctions against Iran’s financial institutions. Read more…
Leaked Draft of Executive Order Causes Cyber Stir
As the speculation that President Obama will issue an executive order on cybersecurity continues to grow, a draft of the order has reportedly been leaked and is raising concern over potential regulations.
According to the Associated Press, which obtained a copy of the draft E.O., the Obama administration is planning to issue new guidelines to protect the nation’s networks from looming cyber attacks. Read more…
Companies, Committees Take on Looming Cyber Threats
As news from the Democratic National Convention (DNC) dominated media headlines this week, with the party’s 2012 platform making an effort to address security concerns, across the globe, companies and committees alike are taking measures to take on looming cyber threats.
Over in China, Huawei Technologies, the world’s second-largest telecommunications company, this week published a white paper, calling on international collaboration to address emerging cybersecurity challenges. Read more…
Cybersecurity News 