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Tag: cyber
Cyber attacks worry Davos elites
2015-01-22 01:03:50| BBC News | Business | UK Edition
The World Economic Forum has issued a report that warns failing to improve cyber security could cost the global economy $3tn.
Tags: worry
attacks
cyber
davos
US, UK to conduct joint cyber war games
2015-01-16 09:31:00| Telecompaper Headlines
(Telecompaper) British Prime Minister David Cameron and US President Barack Obama will announce a rolling programme of transatlantic cyber war games to be conducted by UK and US intelligence agencies to test their systems' resilience to cyber-attacks, reports the Guardian. The two heads of government began two days of talks in Washington on 15 January. As a first step, a simulated attack will be targeted later this year at banks in the City of London and Wall Street. The war games against the financial sector will be co-ordinated by a new joint cyber-cell to be established by GCHQ, MI5, the NSA and FBI. Cameron said before the talks, "The joint exercises and training of our next generation of cyber-experts will help to ensure that we have the capability we need to protect critical sectors like our energy, transport and financial infrastructure from emerging threats." Cameron will also press his counterpart on putting more pressure on internet giants such as Twitter and Facebook to increase their cooperation with intelligence agencies seeking to monitor terror suspects' communications. Earlier this week he outlined plans to strengthen the legal framework to allow agencies to tap encrypted communications.
Stage Stores Partners with Ingenico Group and Chase Paymentech to Enhance Cyber Security
2015-01-11 18:59:25| IT Services - Topix.net
From NRF 2015 , Ingenico Group , global leader in seamless payment, today announced that Stage Stores, a leading neighborhood retailer that delivers brand-name family apparel in 40 states across the U.S., implemented with Chase Paymentech point-to-point encryption for its almost 900 stores in the US. Now customers shopping at Stage Stores' five brands will conduct their payment transactions on Ingenico Telium terminals using Chase's Safetech encryption, powered by Ingenico Group's On-Guard technology.
Tags: group
security
stores
partners
Sony condemns 'vicious' cyber attack
2015-01-06 02:37:34| BBC News | Business | UK Edition
Sony has publicly condemned the "vicious" cyber attack that led to it suspending the release of its film The Interview.
Tags: sony
attack
cyber
vicious
Unstable economy, cyber attacks & more to affect business this year; part 6 of 9
2015-01-04 23:47:25| Biotech - Topix.net
Our three psychics - Tara Greene, Shawn Robbins and Betsy Balega - foresee major changes and specific disruptions that will affect the business world this year. According to Balega, the stock market is going to take a "downturn so don't put all your eggs in one basket," she advises.
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