Jul
08

Extortion extinction: Researchers develop a way to stop ransomware

From: University of Florida

Steve Orlando

Ransomware – what hackers use to encrypt your computer files and demand money in exchange for freeing those contents – is an exploding global problem with few solutions, but a team of University of Florida researchers says it has developed a way to stop it dead in its tracks.

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“Our system is more of an early-warning system. It doesn’t prevent the ransomware from starting … it prevents the ransomware from completing its task … so you lose only a couple of pictures or a couple of documents rather than everything that’s on your hard drive, and it relieves you of the burden of having to pay the ransom,” said Nolen Scaife, a UF doctoral student and founding member of UF’s Florida Institute for Cybersecurity Research.

Jul
06

DOD and Cybercom Want to Train for Realistic Cyberattacks

From: FedTech

The Defense Department wants to create a program that will help prepare the department to respond to complex and sophisticated attacks on critical infrastructure.

by

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The Department of Defense and many other agencies pour billions of dollars into cybersecurity technology investments to prevent such attacks. Yet DOD and U.S. Cyber Command officials say that there is currently no training program designed to imitate sophisticated attacks and help federal cybersecurity professionals prepare for them — and there likely won’t be until 2018 at the earliest.

Jul
05

House Committee Asks NIST To Improve Cybersecurity For Retailers, Internet Of Things

From: JDSupra Business Advisor

Reporter, Daniel Ray, Silicon Valley, King & Spalding

On June 7, 2016, the House of Representatives’ Committee on Appropriations (the “Committee”) reported out a funding bill that would fund the National Institute of Standards and Technology (“NIST”) to work with the retail industry to promote cybersecurity measures specific to the retail industry, as well as to continue its work managing and standardizing security practices for the “Internet of Things.”

Jul
01

Audit: Vulnerabilities, poor monitoring hurting FDIC’s security

From: FedScoop

The FDIC is at risk without encryption and solid internal oversight, according to a GAO report.

By Jeremy Snow

The Federal Deposit Insurance Corp. lacks encryption to protect user IDs and passwords, according to watchdog audit released Wednesday.

Even though the FDIC’s cybersecurity has greatly improved in recent years, it hasn’t done enough, according to a Government Accountability Office report.

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