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Reuters: Suspected Chinese hackers exploited a flaw in software made by SolarWinds Corp to help break into U.S. government computers last year, five people familiar with the matter told Reuters, marking a new twist in a sprawling cybersecurity breach that U.S. lawmakers have labeled a national security emergency.
Yahoo Finance: European and North American cyber cops have joined forces to disrupt what may be the world's largest network for seeding malware infections. The operation appears to strike a major blow against criminal gangs that have used that network for years to install ransomware for extortion schemes and to steal data and money.
Autorité des marchés financiers: The Autorité des marchés financiers (AMF) is concerned by the increasing number of security incidents, including cyber incidents, affecting major institutions in Québec’s financial sector. The AMF is therefore again calling on the financial institutions and businesses it supervises to adequately assess information technology risks and take all necessary steps to bolster privacy safeguards and cybersecurity.
Nasdaq: Companies, insurers and governments need to work together to help businesses cope with major risks such as climate change and cyber security, company executives said.
IT World Canada: Several cybersecurity issues will be among the many early priorities for the 46th president of the United States, Joseph Biden. These include responding to recent cyberattacks believed to come from nation-states, reorganizing and reprioritizing cyber in Washington, and encouraging allies to adopt a more unified approach to issues like Internet governance and cyber norms.
Chicago Tribune: Stefan Thomas, a German-born programmer living in San Francisco, has two guesses left to figure out a password that is worth, as of this week, about $220 million.
Yahoo Finance: The Defense Department has halted deployment on its classified networks of a $2 billion cybersecurity project intended to detect intrusions and prevent attacks because of poor test results, according to the Pentagon’s testing office.
Info Security: Cybersecurity vendor Forcepoint has been acquired from defense contractor Raytheon Technologies by global investment firm Francisco Partners. The firm announced the closing of the transaction today. The financial details of the deal were not disclosed.
Cision: Cybersecurity vulnerabilities are a major concern to business and organizations. The most recent massive computer breach, which allowed hackers to spend months exploring numerous U.S. government networks and private companies' systems around the world, has reignited the urgency in securing computer and information systems. According to a report by NPR, hackers attached their malware to a software update from SolarWinds, a company based in Austin, Texas. Many federal agencies and thousands of companies worldwide use SolarWinds' Orion software to monitor their computer networks.
Politico: Anne Neuberger, who joined the NSA more than a decade ago and has been serving as the agency’s director of cybersecurity since 2019, will be named deputy national security adviser for cybersecurity in the incoming NSC, according to two people familiar with the plans.
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