Press Room – Information Security and Data Privacy – w2#0916

1. Update : Russian internet giant hacked, leaking 22 98 million accounts

Russian internet portal and email provider has become the latest victim in a growing list of historical hacks. Breach notification site, which obtained a copy of an internal customer database, said the attack dates back to February 17, 2012.
More than 98.1 million accounts were in the database, including usernames, email addresses, social account data, and passwords, the group said in a blog post. Unlike other major breaches, those passwords were stored in unencrypted plaintext, meaning anyone at the company could easily see passwords.

2. 60+ million Dropbox login credentials have been stolen

A breach disclosed by Dropbox in 2012 has resulted in the theft of usernames and hashed and salted passwords of over 60 million users.

3. Definitive EU net neutrality guidelines released

The Body of European Regulators for Electronic Communications (BEREC) has published the final guidelines aimed at helping EU member states’ National Regulatory Authorities (NRAs) implement EU net neutrality rules.

4. London economy hit hard by security breaches

A new report by the Conservative members on the London Assembly, which help scrutinise the work of the Mayor of London, estimates that in 2015 in London 329,515 organizations experienced some form of security breach.

“In London specifically, it is possible to estimate conservatively that the cost to the economy from security breaches could be in the region of £35,997,500,000 per year,” the group said, and proposed a new “Mayoral Standard” for data security.

5. Bulgaria assumes new cyber security approach

Bulgaria has taken on a new strategy designed to improve cyber security in the nation, making it among the last European nations to do so, according to reports.

A document, titled ‘National Cyber Security Strategy Cyber Resilient Bulgaria 2020’, reveals visions of a Cyber-resilience Council to act as a consultative body, with Bulgaria’s Council of Ministers ruling over the body.

6. FBI warns that hackers are targeting state election systems

The FBI has reportedly found evidence that foreign hackers breached two state election databases in recent weeks.

An FBI alert warning election officials about the breach was leaked, and it was posted in a report by Yahoo News on Monday. Voter registration databases from both Illinois and Arizona were targeted in the hacks, according to the report.

As noted in August’s list of data breaches, we have seen a large quantity of compromises, including:

– Data for 6 Million Minecraft Gamers Stolen from Servers
– Personal data of 3,700 Ede residents leaked through municipal site
– Apple, Intel, Google Employee Accounts Exposed in Data Breach of Developer Forum


Points detailed:
– Breaches are a global problem
– Many breaches go unreported
– Cyber espionage is rare but usually serious
– Attacks through the Internet of Things are still in the early stages
– Majority of successful breaches have been ‘easy’ for hackers to initiate

8. SWIFT discloses more cyber thefts, pressures banks on security

SWIFT, the global financial messaging system, on Tuesday disclosed new hacking attacks on its member banks as it pressured them to comply with security procedures instituted after February’s high-profile $81 million heist at Bangladesh Bank.

In a private letter to clients, SWIFT said that new cyber-theft attempts – some of them successful – have surfaced since June, when it last updated customers on a string of attacks discovered after the attack on the Bangladesh central bank.

“Customers’ environments have been compromised, and subsequent attempts (were) made to send fraudulent payment instructions,” according to a copy of the letter reviewed by Reuters. “The threat is persistent, adaptive and sophisticated – and it is here to stay.”

9. EU Parliament Rep Seeks €1 Million for Blockchain Research

A member of the European Parliament is proposing that €1m ($1.1m) be spent on a task force that would focus on studying digital currencies and blockchain technology.

The push for funding comes months after the legislative arm of the European Union (EU) first approved the task force, proposed by MEP Jakob von Weizsäcker earlier this year.

Legislative records indicate that von Weisäcker is now asking for financial support for the measure. In notes, he said that support should be approved in order to position the European Commission – the economic bloc’s executive branch – at the forefront of an emerging technology.

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