Entries with tag national security.

Report: Cybercrime Rising in Caribbean, Latin America

New research shows cybercrime is increasing in the Caribbean and Latin America, with the number of incidents reported in regional countries up by as much as 40 percent. The new report, in which security vendor Trend Micro , compared statistics from 2011 and 2012, for the Organization of American States (OAS), suggests the percentages may actually be low because of a lack of reporting or inadequate detection of problems. Critical infrastructure, industrial control systems, and financial institutions are frequent targets of attacks in the Caribbean and Latin America. Trend Micro contends the traditional organized crime syndicates are responsible for creating sophisticated cybercrime tools used in these attacks. The report also finds hacktivism, attacking sites in the name of promulgating a particular cause, on the rise; Mexico alone saw a 40 percent increase in such attacks, particularly during the presidential election campaign. Trend Micro worked on the study with the OAS’s Secretariat for Multidimensional Security. They invited all 32 OAS member states to participate, but only 20 responded. Despite the overall upward cybercrime trend, Chile and Columbia reportedly saw fewer attacks in 2012. (Dark Reading)(ZDNet)(Trend Micro)
 

US Claims Chinese Tech Firms Pose Security Risks

The US House of Representatives has released a report after a year-long investigation by its Intelligence Committee, concluding that two Chinese technology firms pose a threat to national security. The committee said that Huawei Technologies, the world’s second-largest provider of telecommunications equipment, and ZTE, the fourth largest, pose security risks. According to the Voice of America, the concern is that Chinese-made gear could “intercept high level communications, gather intelligence and shut down network systems during national emergencies.” The Intelligence Committee thus suggested that government agencies avoid using equipment from the two companies. It also recommended that the Committee on Foreign Investments in the US block the Chinese businesses from domestic acquisitions or mergers. The Intelligence Committee report said some US firms “have experienced odd or alerting incidents” with Huawei or ZTE equipment but stopped short of accusing the firms of spying.
(The Wall Street Journal)(Chicago Tribune)(The Voice of America)
The US House of Representatives has released a report after a year-long investigation by its Intelligence Committee, concluding that two Chinese technology firms pose a threat to national security. The committee said that Huawei Technologies, the world’s second-largest provider of telecommunications equipment, and ZTE, the fourth largest, pose security risks. According to the Voice of America, the concern is that Chinese-made gear could “intercept high level communications, gather intelligence and shut down network systems during national emergencies.” The Intelligence Committee thus suggested that government agencies avoid using equipment from the two companies. It also recommended that the Committee on Foreign Investments in the US block the Chinese businesses from domestic acquisitions or mergers. The Intelligence Committee report said some US firms “have experienced odd or alerting incidents” with Huawei or ZTE equipment but stopped short of accusing the firms of spying. (The Wall Street Journal)(Chicago Tribune)(The Voice of America)

 

US Report Claims Too Many Cyberattacks Aren’t Reported


The Bipartisan Policy Center (BPC)—a US-based, nonprofit, public-policy think tank—has issued a report stating that too many cyberattacks in the United States go unreported. The lack of reporting causes a myriad of problems from the theft of intellectual property to compromised national security. The concerns that prevent organizations from divulging information about attacks range from reputation damage to loss of customers, as well as possible liabilities connected to divulging information, according to the BPC. The report found that the number of cyberattacks in the US is increasing along with financial losses resulting from them but that organizations openly sharing information about the incidents could improve the situation. Between October 2011 and February 2012, victims reported more than 50,000 cyberattacks on private and government networks to the US Department of Homeland Security. Of these, 86 targeted critical-infrastructure networks. (PhysOrg)(AFP)(The Bipartisan Policy Center)

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