Governments around the world may be compelled to wall off their Internet systems as nations and companies move to protect sensitive data amid increasing cybercrime and espionage, Kaspersky Lab Chief Executive Officer Eugene Kaspersky said.
Canada’s central bank said risks to the country’s financial system have eased as Europe has made progress repairing balance sheets, while the chief domestic threat remains imbalances in the housing market, including an oversupply of multiple-unit dwellings.
Former U.S. National Security Agency contractor Edward Snowden succeeded where President Barack Obama couldn’t -- getting Microsoft Corp., Google Inc. and Yahoo! Inc. to upgrade computer security against hackers.
Consultants hired by the Obama administration told top officials at the White House and U.S. health department as early as March that construction of the government’s insurance website was at risk of failure, according to a document released by congressional Republicans.
Republican lawmakers criticized potential security flaws in the U.S. health exchanges as Obama administration officials said they have made protecting customer privacy a top priority in their efforts to fix the website.