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The Latest Breaking News from Cybersecurity

With Uber Hack In Rearview Mirror, Analyst Goes Bullish on Cybersecurity Stocks: Here Are Her Favorites

Tech stocks have taken a beating so far in 2022, but one Wall Street analyst sees buying opportunities among the carnage in cybersecurity stocks. The Analyst: MKM Partners analyst Catharine Trebnick initiated coverage of five prominent cybersecurity stocks Friday:

Benzinga

Kaspersky pushes more stringent cyberdefence

Russian cybersecurity firm Kaspersky says it detected more than 4.7 million web threat attempts on the computers of Kaspersky Security Network participants in Thailand in the second quarter.

Bangkok Post

China looks to increase penalties under its cybersecurity law

China's cyberspace regulator on Wednesday proposed a series of amendments to the country's cybersecurity law including raising the size of fines for some violations, saying that it wanted to do so to improve coordination with other new laws.

Reuters

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BBC's The Capture shows the terrifying and increasing threat 'deepfakes' pose to all

BBC's digital surveillance thriller The Capture, starring Holliday Grainger and Paapa Esseidu shows an increasingly real threat cybersecurity expert Professor Alan Woodward says - adding it will soon be impossible to distinguish between real and fake videos, even live ones

Daily Mirror

Darktrace shares slump after takeover talks collapse

Private equity firm Thoma Bravo ends bid interest in scandal-hit British AI and cybersecurity firm

The Guardian - UK

Cyberthreats on the up at Thai companies

Some 88% of organisations associated with operational technology (OT) in Thailand experienced cyber-intrusions in the past 12 months, versus 93% globally, according to a report by Fortinet, a global cybersecurity company.

Bangkok Post

This company aims to protect connected cars from cyberattacks

Half of all auto cyberattacks in history occurred in 2021 alone — up nearly 140% from 2020.

Tribune News Service

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‘Toxic’: Darktrace’s future clouded by concerns over culture and fraud case

Analysts have also criticised the cybersecurity firm’s business model but a US private equity fund is still pondering a takeover

The Guardian - UK

The EPA is drafting a plan to protect water from cyberattacks

The agency faces challenges because the U.S.'s water systems are so widely distributed.

Axios

Five things South Africa must do to combat cybercrime

Cyber-attacks are on the rise globally, with seriously negative implications for countries’ strategic, national, economic and social well-being.

The Conversation

Thematic exchange-traded funds, or ETFs, allow you to invest in a number of the hottest trends and industries — from blockchain to cloud computing, and clean energy to cybersecurity. Thematic ETFs are an easy way to play a trend rather than trying to pick a winner, allowing you to ride…

Tribune News Service

Australian Signals Directorate 50-cent coin code cracked by Tasmanian 14yo in 'just over an hour'

A 14-year-old Tasmanian boy cracks four levels of code imprinted on a commemorative 50-cent coin in "just over an hour" after it was released by the nation's foreign intelligence cybersecurity agency — and the spy boss says she wants to meet him so she can "recruit him".

ABC News

Bluebik aiming to go global

MAI-listed Bluebik Group, a digital transformation firm, has set an ambitious goal to become a global firm by diversifying to cybersecurity and deep tech like blockchain and metaverse.

Bangkok Post

Did Twitter ignore basic security measures? A cybersecurity expert explains a whistleblower's claims

Twitter’s former security chief, Peiter “Mudge” Zatko, filed a whistleblower complaint with the Securities and Exchange Commission in July 2022, accusing the microblogging platform company of serious security failings. The accusations amplified the ongoing drama of Twitter’s potential sale to Elon Musk.

The Conversation

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Businessweek

South Korean Cybersecurity Experts Play Cat-and-Mouse With the North’s Hackers

Kim Jong Un’s regime has about 6,000 hackers spreading malware from both inside and outside North Korea.

WEKU

Some Republicans in Washington state cast a wary eye on an election security device

Albert sensors alert local governments to potential hacking attempts. But in Washington state, this cybersecurity tool has become the subject of suspicion by some on the political right.

The Guardian - UK

Twitter’s whistleblower has pitched up at a very inconvenient moment

A long and detailed complaint about lax practices by the social media firm’s former security chief must be music to Elon Musk’s ears

Benzinga

How to Win At Cybersecurity And Build A Culture Of Information Security: Become "Sneaker" CISO

By Tony Carothers To protect against cybercrime, every organization needs to build a culture of information security. To do that, infosec leaders need to become “sneaker CISOs.” There are three elements to security: Technology, people and processes. Sneaker CISOs are more focused on people and process than on technology.

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Asharq Al-Awsat

Saudi Arabia to Stimulate Local Cyber-security Industry

The National Cybersecurity Authority (NCA) is working to accelerate the Kingdom’s entrepreneurship system and encourage innovation, as part of the CyberIC program for the wider development of the cybersecurity sector. The NCA called on all local startups in the field to register in the “cybersecurity accelerator” for a period of…

Asharq Al-Awsat

Whistleblower Accuses Twitter of Cybersecurity Negligence

A former head of security at Twitter alleged that the company misled regulators about its cybersecurity defenses, privacy protections and its ability to detect and root out fake accounts, according to a whistleblower complaint filed with US officials. The revelation could create serious legal and financial problems for the social…

The Independent UK

Former Twitter security chief files whistleblower complaints

A former head of security at Twitter has filed whistleblower complaints with U.S. officials, alleging that the company misled regulators about its cybersecurity defenses and its problems with fake accounts, according to reports by the Washington Post and CNN

Asharq Al-Awsat

Hercules-2 Joint Military Exercises Kick Off with Saudi Participation

The Hercules-2 joint military training kicked off at Mohamed Naguib military base in Egypt, with the participation of units of the Royal Saudi Land Forces, the US, Greece, Cyprus, the UAE and Jordan, Saudi Press Agency (SPA) reported Sunday. The spokesman for the Egyptian Armed Forces, Colonel Gharib Abdelhafeez, said…

Evening Standard

Apple discloses security flaw as millions of Brits urged to update iPhones and other devices

Apple device users should update their devices as soon as possible but should not panic, cybersecurity experts have said

Al Jazeera

Montana flagged bugs in cow app exploited in alleged China hack

Montana Dept of Agriculture took USAHERDS database offline to allow developer to boost security, new documents show.

AAP

EU open to help plug Aust capability gap

Europe is pushing to increase defence ties and technology cooperation with Canberra after inviting it to join an AI and cybersecurity research fund.

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