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The Latest Breaking News from Cybersecurity

Spyware sales 'explosion' powers attacks

The number of remote access Trojan products has increased tenfold, and authorities face a mammoth task tracking down the criminals behind them.

AAP

Taiwan urges its firms to boost cybersecurity as attacks jump amid China tensions

Taiwan's government urged the island's companies on Thursday to enhance their cybersecurity in the coming days as authorities were seeing a record number of attacks on their websites amid escalating tensions with China.

Reuters

2 Cybersecurity Stocks You'll Want to Buy and Hold Forever

As businesses continue to digitize, growing cyberattacks and data breaches should keep driving the demand for cybersecurity solutions. Although the rising interest rate environment is curbing the tech industry's growth, fundamentally sound cybersecurity stocks Radware (RDWR) and NortonLifeLock (NLOK) are well-positioned to gain significantly in the long run. Read more….

StockNews.com

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Attacks on Taiwan websites likely work of Chinese 'hacktivists' - researchers

Digital attacks against Taiwanese government websites ahead of U.S. House of Representatives Speaker Nancy Pelosi's arrival in Tapei on Tuesday were likely launched by Chinese activist hackers rather than the Chinese government, a cybersecurity research organisation said.

Reuters

Cybercrime is evolving — here's how a cybersecurity expert recommends you keep safe

Professor Paul Haskell-Dowland says cyber threats come from organised operations that are "incredibly well-resourced" but there are steps you can take to protect yourself.

ABC News

3 Cybersecurity Stocks to Buy on the Pullback

Tech stocks are rallying. Within the sector, cybersecurity stocks offer the best combination of growth and value especially as the sector's importance grows everyday. Read on to find out why investors should consider buying top cybersecurity stocks like Fortinet (FTNT), Qualys (QLYS), and OneSpan (OSPN).

StockNews.com

Didi Slapped With Hefty $1.2 Billion Fine. How Was the Amount Determined?

Key Takeaways: China’s cybersecurity regulator imposed a big fine of $1.2 billion on Didi after closing a year-long investigation into the company, but how it arrived at the amount has raised concern in the market

Benzinga

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'This is a family' - Liverpool pioneering new initiative to help change widespread football problem

Liverpool have been praised for their work in helping further the education of their former academy hopefuls

Liverpool Echo

America, we have a cybersecurity problem

Computers influence every dimension of our world. We have connected ourselves in every conceivable way, and we are vulnerable in myriad unforeseen ways.

Chicago Sun-Times

China's Didi Global fined $1.2 billion for data violations

China’s internet watchdog has fined ride-hailing firm Didi Global more than 8 billion yuan ($1.2 billion) following an investigation into the company’s cybersecurity practices

The Independent UK

UK cybersecurity chiefs back plan to scan phones for child abuse images

Heads of GCHQ and NCSC say client-side scanning could protect children and privacy at the same time

The Guardian - UK

Thailand ranked 41st out of 66 for world's best destinations for remote work

Thailand was ranked 41st out of 66 countries for the world's best destinations for remote work, weighed down by low scores in cybersecurity and English proficiency, according to a new report conducted by NordLayer, a network access security solution provider.

Bangkok Post

Which Cybersecurity Stock Will Deliver the Biggest Gains?

Amid surging online activity and consequent cyber threats, the cybersecurity industry is witnessing robust demand. Given the solid growth prospects of the industry, cybersecurity stocks Radware (RDWR), Fortinet (FTNT), and Cloudflare (NET) should benefit. But which of these stocks will deliver the biggest returns? Read more to find out….

StockNews.com

Cybersecurity's First Crash Report

Episode 417 of the Cyberlaw Podcast

Reason

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The Independent UK

Researchers: Chinese-made GPS tracker highly vulnerable

Cybersecurity researchers say a popular Chinese-made automotive GPS tracker used in 169 countries has severe software vulnerabilities

The Independent UK

Researchers say Thai pro-democracy activists hit by spyware

Cybersecurity researchers have found that Thai activists involved in the country’s pro-democracy protests had their cell phones or other devices infected and attacked with spyware

Asharq Al-Awsat

Saudi Arabia, US Sign MoU to Promote Cybersecurity Cooperation

The Saudi National Cybersecurity Authority (NCA) has signed a Memorandum of Understanding for Cybersecurity Cooperation with the US Department of Homeland Security (DHS), Cybersecurity and Infrastructure Security Agency (CISA). The MoU was signed on the sidelines of US President Joe Biden’s visit to the Kingdom. It aims to promote bilateral…

Asharq Al-Awsat

Jeddah Communique Stresses Importance of Saudi-US Strategic Partnership

A joint Saudi-US statement reviewed aspects of the strategic partnership between Saudi Arabia and the US over the coming decades with the aim of advancing their mutual interests and a common vision for a more peaceful, secure, prosperous, and stable Middle East. This came following the visit of President Joe…

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Zenger

Obvious Culprits: Most Consumers Claim To Spot Suspicious Websites

With every keystroke and search on the Internet, the amount of information – and potential threats – we can have at our fingertips is infinite. But even in 2022, how much do we really know about cybersecurity?

Asharq Al-Awsat

China Officials Haul in Alibaba Execs over Massive Data Heist

Alibaba shares sank on Friday after a report said the tech giant's executives had been called in for meetings with Chinese officials over the theft of a vast police database. A hacker last month put on sale what they claimed was the personal information of hundreds of millions of Chinese…

The Independent UK

Log4j software flaw 'endemic,' new cyber safety panel says

A new cybersecurity panel created by President Joe Biden says a computer vulnerability discovered last year in a ubiquitous piece of software is an “endemic” problem that will pose security risks for potentially a decade or more

The Guardian - US

‘Lives are at stake’: hacking of US hospitals highlights deadly risk of ransomware

The number of ransomware attacks on US healthcare organizations increased 94% from 2021 to 2022, according to one report

StockNews.com

5 Cybersecurity Stocks to Watch Ahead of Earnings Season

Due to increasing cyber-attacks with enterprises rapidly digitalizing their operations and migrating to cloud platforms, the cybersecurity industry has benefited significantly over the past year. However, considering the macroeconomic headwinds, it could be worth watching prominent cybersecurity stocks CyberArk Software (CYBR), Rapid7 (RPD), Check Point Software Technologies (CHKP), Qualys (QLYS),…

Tribune News Service

House appropriators back more than $15 billion for cybersecurity

WASHINGTON — House appropriators in June finished marking up a dozen spending bills for fiscal 2023 that would altogether provide at least $15.6 billion for cybersecurity efforts across federal departments and agencies.

Birmingham Post

Tyneside cybersecurity firm Melius to expand platform following £350,000 funding

New jobs will be created at the Newcastle firm following the North East Venture Fund deal

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