Two of the largest U.S. business- lobbying groups criticized a Senate cybersecurity bill aimed at shielding vital computer networks, saying the measure would burden companies with unneeded and costly regulation.
China-based hackers looking to derail the $40 billion acquisition of the world’s largest potash producer by an Australian mining giant zeroed in on offices on Toronto’s Bay Street, home of the Canadian law firms handling the deal.
Valiena Allison got a call from her bank on a busy morning two years ago about a wire transfer from her company’s account. She told the managers she hadn’t approved the transfer. The problem was, her computer had.
In mid-September, a European hacker nicknamed Poxxie broke into the computer network of a U.S. company and, he said, grabbed 1,400 credit-card numbers, the account holders’ names and addresses, and the security code that comes with each card.
Just after 3 a.m. on May 26, Karim Hijazi, the chief executive of Unveillance , a cyber-security firm, received an e-mail from hackers calling themselves LulzSec. They demanded he help them take over some networks of hijacked computers that other criminals were operating.