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Anil Diggikar attack cyber Gateway Terminals India Tech Top News 

India’s largest container port hit by global cyber attack

June 28, 2017 By Rajendra Jadhav MUMBAI (Reuters) – Operations at one of three terminals at India’s largest container port JNPT, on the outskirts of India’s commercial hub of Mumbai, have been disrupted by the global ransomware attack, the port said on Wednesday. The terminal impacted is operated by Danish shipping giant AP Moller-Maersk, which said separately on Tuesday that the cyber attack had caused outages in its computer systems globally. The attack, similar to the ransomware that infected more than 300,000 computers last month, also affected computers at Russia’s…

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attack cyber Europe report Tech Top News 

Cyber attacks have long-lasting business impact: Lloyd’s of London

June 27, 2017 LONDON (Reuters) – Businesses in Europe underestimate the “slow-burn” effects of cyber attacks and need to prepare more fully for a loss of customers, a fall in share price and other potential consequences, Lloyd’s of London said in a report on Wednesday. The risk of cyber attacks is rising and slow-burn effects are additional to short-term costs such as notifying customers, paying ransoms or public relations expenses, the report, written with consultants KPMG and law firm DAC Beachcroft, said. “There is a lack of understanding as to…

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cyber Information Security Center Russian SAP Tech Top News 

Under pressure, Western tech firms bow to Russian demands to share cyber secrets

June 24, 2017 By Joel Schectman, Dustin Volz and Jack Stubbs WASHINGTON/MOSCOW (Reuters) – Western technology companies, including Cisco , IBM and SAP , are acceding to demands by Moscow for access to closely guarded product security secrets, at a time when Russia has been accused of a growing number of cyber attacks on the West, a Reuters investigation has found. Russian authorities are asking Western tech companies to allow them to review source code for security products such as firewalls, anti-virus applications and software containing encryption before permitting the…

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cyber investigating italy security Tech Top News 

Italy investigates foreign ministry hacking attempt

June 20, 2017 ROME (Reuters) – Italy’s foreign ministry said on Tuesday it was investigating a hacking attempt, after a group calling itself Anonymous published what it said was stolen ministry data. A site called carried a blog post titled “Foreign Affairs Ministry You Have Been Hacked” addressed to Foreign Minister Angelino Alfano and the head of the national magistrates association. “Regarding the attempted hack of the ministry’s website, a legal complaint has been lodged and investigations are now underway,” the ministry said in a statement. “We hope the…

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CSE cyber election political Tech Top News 

Canada cyber-spy agency expects hacktivist attacks in 2019 vote

June 16, 2017 By Leah Schnurr and Alastair Sharp OTTAWA/TORONTO (Reuters) – Canada’s electronic spy agency said on Friday it was “very likely” that hackers will try to influence Canada’s 2019 elections and it planned to advise political parties next week on how to guard against cyber threats. The Communications Security Establishment (CSE) agency said it had not detected any nation-state attempts to interfere in prior Canadian elections but saw risk from hacktivists. CSE said Canada’s 2015 federal election, which brought Prime Minister Justin Trudeau’s Liberals to power, was targeted…

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attack cyber debt Money security Top News 

U.S. muni market slowly starts paying heed to cyber risks

June 14, 2017 By Hilary Russ NEW YORK (Reuters) – A rise in cyber attacks on U.S. public sector targets so far has had little impact in the $3.8 trillion municipal debt market, with no issuer as yet hit by a downgrade or higher borrowing costs because of a cyber security threat. That is beginning to change. S&P Global has begun to quiz states, cities and towns about their cyber defenses, and some credit analysts are starting to factor cyber security when they look at bonds. Moody’s Investors Service is…

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cyber Hewlett Packard Ventures Israel security Tech Top News 

Microsoft agrees to buy U.S.-Israeli cyber firm Hexadite

June 8, 2017 TEL AVIV (Reuters) – Microsoft said on Thursday it has agreed to acquire Hexadite, a U.S.-Israeli provider of technology to automate responses to cyber attacks. Financial terms were not disclosed. In May, Israeli financial news website Calcalist said Microsoft would pay $100 million for Hexadite, which is headquartered in Boston with its research and development center in Israel. Hexadite says its technology increases productivity and reduces costs for businesses. Terry Myerson, executive vice president of Windows and Devices Group at Microsoft, said Hexadite will enable the company…

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Patriotic Russians may have staged cyber attacks on own initiative: Putin

June 1, 2017 By Denis Pinchuk (Reuters) – President Vladimir Putin said on Thursday that patriotic Russian hackers may have staged cyber attacks against countries that had strained relations with Moscow on their own initiative, but said the Russian state had never been involved in such hacking. Putin, speaking to international media at an economic forum in St Petersburg, was answering a question about allegations Moscow might try to interfere in this year’s German elections. Moscow’s attitude towards cyber crime is under intense scrutiny after U.S. intelligence officials alleged that…

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China to implement cyber security law from Thursday

May 30, 2017 SHANGHAI (Reuters) – China, battling increased threats from cyber-terrorism and hacking, will adopt from Thursday a controversial law that mandates strict data surveillance and storage for firms working in the country, the official Xinhua news agency said. The law, passed in November by the country’s largely rubber-stamp parliament, bans online service providers from collecting and selling users’ personal information, and gives users the right to have their information deleted, in cases of abuse. “Those who violate the provisions and infringe on personal information will face hefty fines,”…

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Microsoft to buy cyber security firm Hexadite for $100 million: report

May 24, 2017 JERUSALEM (Reuters) – Microsoft has agreed to acquire cyber security firm Hexadite for $100 million, Israeli financial news website Calcalist reported on Wednesday. Hexadite, headquartered in Boston with its research and development center in Israel, provides technology to automate responses to cyber attacks that it says increases productivity and reduces costs for businesses. Microsoft officials declined to comment. Officials at Hexadite could not immediately be reach for comment. Investors in Hexadite include Hewlett Packard Ventures, and venture capital firms TenEleven and YL Ventures. Microsoft said in January…

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