‘Black Friday’ Merging with ‘Cyber Monday’ for Record Sales The buying and selling pace that was set Thanksgiving Day carried over into Black Friday as consumers continued to open their wallets at a record-setting rate, according to the latest data. We learned that Friday evening that consumers had spent $4.1-B as of 8:00p ET, which […]
ICOs ALERT: SEC CYBER UNIT and TASK FORCE ICO With increased attention to how securities laws may apply to digital token sales and the disruptive nature of increased cyber threats to the investor community, the Securities Exchange Commission (“SEC”) last week announced two new initiatives. The SEC’s press release, found here, outlined the creation of the […]
DHS Found SEC had ‘Critical’ Cyber Weaknesses in January $EFX The US Department of Homeland Security detected 5 “critical” cyber security weaknesses on the Securities and Exchange Commission’s (SEC) computers as of 23 January 2017, according to a confidential weekly report reviewed by Reuters. The report’s findings raise fresh questions about a Y 2016 cyber […]
Global Cyber Attack Intent on Havoc, Not Extortion $MSFT A cyber attack that caused indiscriminate economic damage around the world, including to us here at Live Trading News, was apparently designed to create maximum havoc in Russia’s neighbor and adversary Ukraine. While the rogue software used in the attack was configured as extortionate “ransomware,” that […]
Dubai’s Ruler Launched New Cyber Security Strategy The strategy aims to make Dubai “the safest city in the world – digitally” A new cyber security strategy for Dubai has been launched by the UAE’s Vice President and Prime Minister Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum. The strategy was unveiled on Wednesday as Sheikh […]
Ransomware: The Criminalization of Cyber Attacks The International Conference for the Criminalisation of Cyber-Terrorism, held in Abu Dhabi under the patronage of H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, concluded with the “Abu Dhabi Declaration for Criminalising Cyber-Terrorism”, which was read by Dr. Ali Rashid Al Noaimi, Chairman […]
Stopping WannaCry – the Global RansomWorm Malware Epidemic SnoopWall, Inc., the global leader in breach prevention, today is announcing this consumer advisory not only as a warning about what may be the worst piece of ransomware traversing the globe and locking up computers in most major countries but how to stop it. According to SnoopWall, […]
NSA Stupidity Created Cyber Crisis A ransomware virus is spreading aggressively around the globe, with over 100,000 computers in 99 countries having been targeted, according to the latest data. The virus infects computer files and then demands bitcoins to unblock them. Russia’s central bank said on Saturday it had detected “massive” cyber attacks on domestic […]
Local Talent To Drive GCC’s Cyber Security Industry Cyber security companies are now looking to develop talent locally The Gulf Cooperation Council (GCC) has the potential to develop its own cyber security industry rather than rely on international talent, according to 2 leading executives. Speaking on the sidelines of an event in Abu Dhabi, the […]
US Cyber Monday Sets Record With $3.45-B of Sales $SNE, $MSFT, $AAPL, $AMZN Shoppers spent $3.45-B on Cyber Monday on Samsung 4K TVs, PlayStation 4s and Barbie Dolls among other products, marking the largest online sales day in US history. The data compiled by Adobe Digital Insights, easily surpassed prior estimates, and dismissed fears that […]
America, in Need of an Enemy, Prepares for Election Day Unrest Expect states with active militias and law abiding citizens in open carry states to be on the alert and at the ready. US officials warned authorities in New York City, Texas and Virginia about an unspecific threat of attacks by al-Qaida militants around Election […]
Cyber Attacks from Terrorists ‘just a matter of time’ In Q-1 of Y 2016 alone, there were 2.2-B cyber attacks globally Rapidly evolving threats from cyber criminals and terrorist groups including ransomware and cryptoware could result in major attacks on critical infrastructure and industrial systems in the Middle East, according to prominent technology security firm […]
