| Lax security left the U.S. Treasury’s computer system for tracking overseas threats to America’s financial system vulnerable to hackers, according to a government audit prepared in late 2014 and obtained by Reuters. The Treasury Foreign Intelligence Network is used by U.S. spy agencies to share top-secret information and to keep tabs on the impact of sanctions against countries such as Iran and Russia, as well as militant groups like Hezbollah. |
Read the article: Reuters
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| FBI Director Sees ‘Increasing Interest’ in Cyberattacks |
| Federal Bureau of Investigation Director James Comey said that terrorist groups had begun discussing ways to hit Americans with a cyberattack, though he said plotting appeared to be in early stages. “We are picking up signs of increasing interest,” he said in evening remarks at the Aspen Security Forum. |
Read the article: The Wall Street Journal
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| Google Giving Away Patents to Start-Up Companies |
| Google has started a program for startups to give away up to two non-organic patent families off Google, as well as potentially make offers to buy patents from it in the future. It’s tying up the offer with a requirement to join the LOT Network, a cross-company licensing push (others in the group include Dropbox, SAP and Canon) aimed at driving down the number of patent trolling suits. |
Read the article: TechCrunch
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| Mobile Fraud Costs Advertisers $1 Billion, Report Says |
| As mobile devices proliferate, app advertising has become a huge business, worth an estimated $20 billion in the U.S. alone. But how much of that is being wasted? According to a new report from fraud-detection firm Forensiq, as much as $1 billion of that advertising money is being lost to fraud in a number of ways — including malicious apps that hijack mobile phones and turn them into an ad-viewing botnet. |
Read the article: Fortune
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| Democrats Fail to Strip Net Neutrality Pricing Rider |
| Democrats were unsuccessful in stripping out a net neutrality rider in a Senate spending bill that would bar the Federal Communications Commission from regulating the rates that Internet service providers charge their customers. Democrats urged the Senate Appropriations Committee to give net neutrality negotiations time to breath in the Commerce Committee, where Chairman John Thune (R-S.D.) and ranking member Bill Nelson (D-Fla.) have been trying to come up with a legislative solution. |
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