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SolarWinds hackers could have been halted by simple security measure – report

T-Mobile is Warning that a data breach has exposed the names, date of birth, Social Security number and driver’s license/ID information of more than 40 million current, former or prospective customers who applied for credit with the company. Get Secured Now with Norton 360


Meanwhile the US Securities and Exchange Commission (SEC) has opened a probe into the breach, focusing on whether some companies failed to disclose that they had been affected by the unprecedented hack, two persons familiar with the investigation said.

The SEC sent investigative letters late last week to a number of public issuers and investment firms seeking voluntary information on whether they had been victims of the hack and failed to disclose it, said the persons, speaking under the condition of anonymity to discuss confidential investigations.

The agency is also seeking information on whether public companies that had been victims had experienced a lapse of internal controls, and related information on insider trading.

The agency is also looking at the policies at certain companies to assess whether they are designed to protect customer information, one of the people said.

The SEC’s press office declined to comment.

A spokesperson for SolarWinds said in a statement: “Our top priority since learning of this unprecedented attack by a foreign government has been working closely with our customers to understand what occurred and remedy any issues.”

The company was also “collaborating with government agencies in a transparent way,” the statement said.

US securities law requires companies to disclose material information that could affect their share prices, including cyber breaches, although cyber security disclosure failures are still relatively new enforcement territory for the SEC.

If the issuers and investment firms respond to the letters by disclosing details about the breaches, they would not be subject to enforcement actions related to historical failures, including internal accounting control failures, the people said.

While the letters are focused on the SolarWinds breach, the SEC may develop future policies on the impact of cyber security issues on the markets and on investors, the people said.

REUTERS

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Hacker Halted Security Conference Complimentary for Women through IBM Security Scholarship – PR Web (press release)

Hacker Halted Security Conference Complimentary for Women through IBM Security Scholarship
PR Web (press release)
The conference presentations will address cyber security issues from the perspective that like it or not, our global society is engaged in a constant and ever growing cyber war. Hacker Halted's agenda showcases several prominent women of cyber

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computer security news – read more

Wi-Fi hackers halted: Kaspersky Lab introduces secure connection Freemium App for android devices – Daily News & Analysis

Wi-Fi hackers halted: Kaspersky Lab introduces secure connection Freemium App for android devices
Daily News & Analysis
Kaspersky Lab introduces its new freemium application, Kaspersky Secure Connection for Android, designed to protect user data transmitted via the Internet. This app?s main feature is its adaptivity: for convenience and maximum user protection, traffic …

android security – read more

US Counterintelligence Chief Not Convinced China Has Halted Espionage – TIME


TIME

US Counterintelligence Chief Not Convinced China Has Halted Espionage
TIME
China has not backed up its recent pledge to curb spying on the U.S. with concrete action, according to Washington's counterintelligence chief. The two countries agreed not to knowingly use hacking for commercial purposes during Chinese President Xi …
US counterintelligence chief 'sceptical' about China's curb on espionageIBNLive
US counterintelligence chief sceptical China has curbed spying on USReuters

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Espionage China – read more