Cybersecurity Headlines

U.S. Senators target ransomware from countries that support it.

Views expressed in this cybersecurity news update are those of the reporters and correspondents.

Accessed on 07 August 2021, 2324 UTC.

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Exclusive-Didi in talks with state-backed Westone to hand over data control-sources

HONG KONG (Reuters) -Chinese ride-hailing firm Didi Global Inc is in talks with state-owned information security firm Westone to handle its data management and monitoring activities, sources said, as part of its efforts to placate domestic regulators.

U.S. senators target ransomware by targeting countries that allow it

WASHINGTON (Reuters) -Two senior U.S. senators planned legislation on Thursday that would fight ransomware attacks on U.S. infrastructure by sanctioning countries the harbor cyber criminals, as well as by strengthening protections against attacks.

Italy’s ERG says only minor disruption from cyber breach

Italian renewable energy group ERG said on Wednesday a cybersecurity breach had caused only minor disruption to its information and communications technology (ICT) infrastructure, adding all its plants were working properly.

Industrial cyber security startup Nozomi Networks raises $100 million

Nozomi Networks, a San Francisco-based industrial cyber security startup, said on Monday it raised $100 million from its customers and technology partners to help build new products and expand sales.

Twitter launches competition to find biases in its image-cropping algorithm

Twitter Inc said on Friday it will launch a competition for computer researchers and hackers to identify biases in its image-cropping algorithm, after a group of researchers previously found the algorithm tended to exclude Black people and men.

S.Africa’s Transnet to lift force majeure at container terminals from Monday

South African state logistics firm Transnet on Friday said it would lift the force majeure it declared at its container terminals from Monday, after a cyber attack hampered operations.

Cyber insurance rates fail to match catastrophe risk-Chubb CEO

Rising prices of insurance against cyber attacks fail to take account of the potential catastrophic effects of a widespread attack, Chubb Ltd. Chief Executive Evan Greenberg said on Wednesday.

White House calls on America’s most critical companies to improve cyber defenses

The White House is signaling to U.S. critical infrastructure companies, such as energy providers that they must improve their cyber defenses because additional potential regulation is on the horizon.

Biden: If U.S. has ‘real shooting war’ it could be result of cyber attacks

WASHINGTON (Reuters) -President Joe Biden on Tuesday warned that if the United States ended up in a “real shooting war” with a “major power” it could be the result of a significant cyber attack on the country, highlighting what Washington sees as growing threats posed by Russia and China.

Check Point Software Q2 profit, revenue beat estimates

JERUSALEM (Reuters) -Check Point Software Technologies reported on Monday a bigger than expected rise in second quarter net profit and revenue as a sharp increase in sophisticated cyber attacks boosted demand for its products.

For the latest cybersecurity news and information, please check the blog sidebar, links, and twitter posts.  Thanks for joining us today.

Russ Roberts

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