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This article was originally published by Globes:
Israeli Prime Minister Benjamin Netanyahu spoke about cyber defense with CEOs and VPs of major international companies.
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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. |
Law enforcement authorities arrested four people in Israel and Florida and revealed a complex securities fraud scheme tied to the computer hacks of JPMorgan Chase & Co. and other financial institutions. The arrests are the culmination of a months-long investigation of several friends who met more than a decade ago at Florida State University and are linked by an FBI memo to one of the largest U.S. bank hacks in history — one that JPMorgan officials argued initially was the work of the Russian government. |
Read the article: Bloomberg
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Security Experts Control Jeep Cherokee Remotely |
Wired magazine reports on how it engaged two hackers to see if they could take control of a Jeep Cherokee from the comfort of their living room while writer Andy Greenberg sat nervously at the wheel while the SUV cruised the highway at 70 mph. The security experts, Charlie Miller and Chris Valasek, accessed the Jeep’s computer brain through its Uconnect infotainment system and rewrote the firmware to plant their malicious code. |
Read the article: USA Today
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Judge Rules Against Facebook Over Search Warrants |
Facebook Inc. lost a bid to block the biggest set of search warrants the company said it ever received in a case that might affect the amount of information social-media sites turn over to law enforcement. The trove of digital information held by social-media companies has sparked privacy concerns across the U.S., especially as law enforcement officials increasingly use the information as evidence of wrongdoing. |
Read the article: Bloomberg
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Tech Firms Ask Court to Review Apple Win Against Samsung |
Some of Silicon Valley’s biggest companies are backing Samsung in its patent war with Apple. A coalition of huge firms including Facebook, Google, HP, Dell, and eBay are asking a U.S. appeals court to review a decision forcing Samsung to turn over full profits for Galaxy products found to infringe on Apple patents.
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