Don Jackson News
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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.
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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.
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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.
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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.
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The U.S. Justice Department said it disabled a “massive fraud scheme” that infected more than 2 million computers worldwide with malicious software.
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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.
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