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Transforming Enterprises As Cybersecurity Becomes the Foundation of Economic and National Power

The technology fabric available to enterprises and governments is transforming fast. We are all witnessing transformations in the tools of cybersecurity, the skills required for a good cybersecurity program, optimal organizational constructs, how authority is delegated, where value accumulates, and huge AI driven shifts. The post Transforming Enterprises As Cybersecurity Becomes the Foundation of…

China’s AI-Enabled APT Operations Are Getting Interesting

A new report describes how a Chinese cyberespionage outfit is using artificial intelligence (AI) to beef up its malware arsenal. If this is a sign of things to come, clustering threat actor behavior together for attribution purposes is about to get a lot harder. The Bitdefender report, released last week, describes seven remote access tool […] The post China’s AI-Enabled APT Operations Are Getting…

Toy-making giant Hasbro disclose data breach affecting employees

Hasbro, one of the world’s largest toy and game companies, has disclosed that attackers have accessed the personal and financial information of an undisclosed number of employees. Founded in 1923, Hasbro is a publicly traded American multinational entertainment conglomerate on the NASDAQ and owns many brands, including Monopoly, Clue, Nerf, Transformers, Play-Doh, Peppa Pig, Scrabble, […] The post…

CISA confirms hackers targeted over 100 US water systems during July

U.S. cybersecurity agency CISA said it has observed cyberattacks targeting over 100 internet-exposed systems across the U.S. water and wastewater sector, amid a wave of hacks targeting American critical infrastructure. The number of affected systems provides new context to the scale of the ongoing cyberattacks targeting water providers in Michigan, Minnesota, and at least five […] The post CISA…

US federal agency confirms data breach in wake of claims by ransomware group

A ransomware group gained access to a computer system containing information about targets of investigations by the Bureau of Alcohol, Tobacco, ​Firearms and Explosives, a spokesperson for the U.S. agency said ‌after a hacking group publicized a claimed breach on Wednesday. Tanya Roman, a spokesperson for the agency, said in an email that the standalone […] The post US federal agency confirms data…

Police detain more than 300 in Indonesia’s capital after unrest following protest

Police in the Indonesian capital Jakarta have detained over 300 people for questioning and named dozens of suspects following street protests that had turned ​into late-night rioting, officials said on Friday. Demonstrations by various groups started on Thursday morning near ‌parliament amid heavy security on the anniversary of deadly anti-government protests last year, which lasted […] The post…

Heavy rain and flooding in north-central Japan strands people and vehicles

Torrential rain struck Japan’s north-central prefectures of Ishikawa and Toyama on Thursday, triggering flooding and landslides, closing roads and stranding people in flooded homes and vehicles. The Japan Meteorological Agency issued the Level 5 heavy rain warning for parts of the Ishikawa and Toyama prefectures, urging residents in the affected areas to take precautionary measures […] The post…

Kenya police fire tear gas to disperse traders protesting import duty hike

Police fired tear gas to disperse small-scale traders protesting against an import duty hike, ​a Reuters witness saw on Friday, while hundreds ‌of businesses closed in central Nairobi. The Kenya Revenue Authority said its decision to raise the duty with effect from ​August 20 aimed to curb under-declaration and undervaluation ​of imports, which it said […] The post Kenya police fire tear gas to…

Why the World Needs to Force China’s Yuan to Revalue

In 1985, the world’s leading economic powers met at New York’s Plaza Hotel to deal with a currency so out of whack it was putting the entire global economy at risk. Today, the world needs another Plaza Accord, this one not to bring down an overvalued dollar but to push up China’s undervalued yuan. China’s […] The post Why the World Needs to Force China’s Yuan to Revalue appeared first on OODAloop…

China suspends Himalaya flood rescue efforts as lake overflows

China has suspended rescue efforts at the scene of a catastrophic mudslide on the Tibet-Nepal border after a lake formed by the disaster began overflowing, threatening to send a new torrent of debris downstream. The suspension, announced on Friday, is a blow to rescue efforts at the Gyirong border crossing and downstream in Nepal as […] The post China suspends Himalaya flood rescue efforts as lake…

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