Dec
26

Vietnam army reveals 10,000-strong cyber warfare unit

From: Financial Times

Communist party tackles ‘wrong views’ as growing numbers of citizens go online

John Reed in Bangkok

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Lt Gen Nguyen, deputy head of the Vietnamese military’s political department, made the remarks at a conference on “propaganda activities” attended by Communist party officials.

“The Central Military Commission is very interested in building up a standing force to counter the wrong viewpoints,” he said, referring to the party’s branch in the military. He added that the military would work with internal security and other forces in Vietnam to build a specialised cyber warfare force.

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Dec
22

Lithuanian government bans Kaspersky Lab in critical infrastructure

From: XinhuaNet

VILNIUS, Dec. 21 (Xinhua) — The Lithuanian government decided to ban Kaspersky Lab software in the state’s critical infrastructure and information resources on grounds of security threats, announced the Lithuanian defense ministry on Thursday.

The Baltic State’s government recognized in its sitting that Kaspersky Lab software poses potential threat to the national security. The cabinet also ordered managers of critical information infrastructure and state information resources to replace the software with “safe equivalents”, according to the Defense ministry’s announcement.

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Dec
20

Security Cameras and Data Security Regulations

From: Lexology

Yigal Arnon & Co |Israel

1. New Guidelines for Employers on Use of Surveillance Cameras.

The Privacy Protection Authority (the “PPA“), formerly known as the Israel Law, Information and Technology Authority or ILITA, has published new guidelines for employers regarding the use of surveillance cameras (the “Guidelines“). These guidelines supplement guidelines issued by the PPA in 2012 regarding use of surveillance cameras generally (see our legal update at http://www.arnon.co.il/files/e3b84790d602b8d3179de6a92b2be89a/34.%20Database%20Registrar%20 Directive%20-%20Surveillance%20Cameras_0.pdf)

Dec
19

Safety and Security Trump Administration To Hold North Korea Responsible For WannaCry

From: PYMNTS

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According to The Washington Post, the Trump administration will now be calling on “all responsible states” to counter North Korea’s ability to conduct cyberattacks and to implement all “relevant” United Nations Security Council sanctions.

Trump’s homeland security adviser, Tom Bossert, made the announcement in an op-ed in The Wall Street Journal on Monday evening.

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Dec
11

From India to Australia via Gibraltar: Cryptocurrency Regulation Update From warm welcomes to high surveillance, cryptocurrency is attracting government attention everywhere.

From: Finance Magnates

From warm welcomes to high surveillance, cryptocurrency is attracting government attention everywhere.

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France

On Friday, the French government approved the use of blockchain technology by banks in an effort to improve its reputation as a center of financial innovation, according to a report from Reuters.

Specifically, companies are now allowed to trade unlisted securities with blockchain technology. “The use of this new technology will allow fintech firms and other financial actors to develop new ways of trading securities that are faster, cheaper, more transparent and safer,” Finance Minister Bruno Le Maire said in a statement.

Dec
08

Chinese Hacker Groups to Shift Focus to India in 2018: Cyber Security Firm

From: News18.com

Enterprise cybersecurity company FireEye said unorganised ‘hacktivism’ attacks as a response to political tensions within and against India, South Korea, Japan, the Philippines, Vietnam and other South-east Asian countries is expected to continue and possibly rise throughout the new year as China and neighbouring countries are still continuing political disputes in the Asia-Pacific region.

New Delhi: Chinese advanced persistent threat (APT) groups that have allegedly been creating cyber havoc internationally will shift their focus in 2018 to countries like India and Hong Kong and groups seen as a threat to Beijing’s influence over global markets, enterprise cybersecurity company FireEye said on Thursday.

Dec
08

This country’s hacking efforts have become too big to ignore

From: CyberScoop

Chris Bing

While hackers linked to China, North Korea and Russia have dominated headlines over the past year, similar groups in Iran have caused significant damage while drawing far less attention.

Multiple cyber-espionage groups attributed to Iran became increasingly active over the last 12 months, as at least four entities with ties to the regime have broken into a wide array of organizations, according to private sector cybersecurity experts and three former U.S. intelligence officials with knowledge of regional activity.

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Dec
08

Bangladesh Bank, NY Fed discuss suing Manila bank for heist damages

From: Reuters

Krishna N. Das, Serajul Quadir

DHAKA (Reuters) – Bangladesh’s central bank has asked the Federal Reserve Bank of New York to join a lawsuit it plans to file against a Philippines bank for its role in one of the world’s biggest cyber-heists, several sources said.

The Fed is yet to respond formally, but there is no indication it would join the suit.

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Dec
04

Why Saudi Arabia’s New Cyber Security Authority Will Need The Private Sector To Succeed

From: Frontera

By Azhar Unwala
Saudi Arabia’s National Cyber Security Authority is a first step towards fulfilling the aims of Vision 2030. However, it cannot succeed without stronger public-private partnerships, better information sharing, and clear legal frameworks regarding data security and privacy.

Saudi Arabia recently announced the creation of a National Authority for Cyber Security. The Authority will be chaired by the Minister of State Musaed Al-Aiban. Also heading the Authority will be the Saudi President of State Security, Chairman of General Intelligence, Deputy Minister of Interior, and Assistant Minister of Defense. According to Minister Al-Aiban, the Authority aims to enhance the protection of networks, IT systems, and data through regulatory and operational tasks. The Authority will also seek to attract human resources in the cybersecurity field and build partnerships with the private sector.

Dec
01

FBI, DHS Warn of Hacker Mercenaries Funded by Nation-States

From: Nextgov

By Joseph Marks

Lawmakers also are considering giving Homeland Security more authority to test anti-drone tech.

Lines between government-backed hackers and cyber criminals are getting fuzzier, top officials told lawmakers Thursday.

That’s one message the FBI wanted to send when it indicted two Russian intelligence officers and two criminal co-defendants for a major breach of the Yahoo email service in March, Director Christopher Wray said.

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