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Ikea-owned TaskRabbit hit by apparent data breach

“Acquiring a company doesn’t just mean you’re buying its assets, but also the risk exposure from the target company.”” writes Dan Alaimo for retaildive.com. TaskRabbit has apparently suffered a data breach of unidentified size and scope.While we don’t know what type of cyber due diligence Ikea performed on TaskRabbit, we know it’s an important piece of the M&A puzzle.Cybersecurity risk exposure needs to be at the forefront of all M&A activity. Source: retaildive.com Share This:

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EXPLAINED: Could I Be Affected By A Russian Cyber Attack And Can I Protect Myself?

“Developed nations (including the UK) are engaged in some level of cyber surveillance, explains Shaw” writes unknown author for huffingtonpost.com. This surveillance isn’t designed to “attack” anyone or anything, instead it’s there to spy on sensitive communications.Actually defining what an attack might look like is difficult, but Shaw believes there are some definite possibilities.With tensions between Russia and the wider world continuing to escalate, UK intelligence services, and the FBI and US Department of Homeland Security earlier this week issued a joint warning about a massive cyber campaign by Russian-backed…

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Tech Companies Sign Cybersecurity Tech Accord

“In addition to Microsoft and Facebook, 32 other companies signed the pledge, including Cisco, Juniper Networks, Oracle, Nokia, SAP, Dell and cyber security firms Symantec, FireEye and Trend Micro” writes Dustin Volz for reuters.com. SAN FRANCISCO (Reuters) – Microsoft, Facebook and more than 30 other global technology companies on Tuesday announced a joint pledge not to assist any government in offensive cyber attacks. Major U.S. technology companies Amazon, Apple, Alphabet and Twitter also did not sign the pledge.The list of companies does not include any from Russia, China, Iran or…

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Britain’s armed forces ill-equipped to deal with cyber attacks from Russia and new era of electronic warfare

“Britain’s armed forces are ill-equipped to handle the increasing threat of cyber attacks from Russia and a new era of “electronic warfare” because of a shortage of intelligence experts, a new report has suggested” writes Steven Swinford for telegraph.co.uk. The National Audit Office revealed that the military is facing a 26 per cent shortfall in intelligence analysts, equivalent to 700 experts, and there are increasing concerns that it will be unable to plug the gap because it is competing with the private sector.It comes amid reports concern about Russia has successfully used…

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Tech firms, including Microsoft, Facebook, vow not to aid government cyber attacks

“In addition to Microsoft and Facebook, 32 other companies signed the pledge, including Cisco, Juniper Networks, Oracle, Nokia, SAP, Dell and cyber security firms Symantec, FireEye and Trend Micro” reports businessinsider.com. The Cybersecurity Tech Accord, which vows to protect all customers from attacks regardless of geopolitical or criminal motive, follows a year that witnessed an unprecedented level of destructive cyber attacks, including the global WannaCry worm and the devastating NotPetya attack.The list of companies does not include any from Russia, China, Iran or North Korea, widely viewed as the most…

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The Morning Download: The Corporate Network Becomes the Cyber Battlefield

“Increasingly, it is up to the CIO and CISO to help ensure the integrity of the corporate network and wider public network and internets” writes Steve Rosenbush for wsj.com. Beijing currently requires U.S. cloud-computing firms to form joint operations with Chinese companies and license their technology to the Chinese partners, the Journal’s Bob Davis reports.CIOs must think about corporate networks as part of a growing battlefield. Source: wsj.com Share This:

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UPDATE 2-White House cyber czar to leave, return to NSA

“White House cybersecurity coordinator Rob Joyce will leave his post and return to the National Security Agency, a White House official said on Monday” writes David A for cnbc.com. Robert Lee, a former U.S. intelligence officer and president of the cyber-firm Dragos, said Joyce was technically competent and that many of the previous White House cyber coordinators had backgrounds ill-suited for the job.Joyce was scheduled to speak at the RSA cybersecurity conference in San Francisco this week but canceled, prompting speculation that he would be the latest official to leave…

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UK and U.S. authorities warn of Russian attacks on routers

“It comes from UK and U.S. authorities who have issued a joint cybersecurity alert for the first time ever to warn people of the threat” writes Johnny Lieu for mashable.com. “Russia is our most capable hostile adversary in cyberspace so tackling them is a major priority for the National Cyber Security Centre and our U.S. allies,” Ciaran Martin, CEO of the National Cyber Security Centre, said in a statement.Russia is being accused of a massive campaign to undermine the security of firewalls and routers in a bid to support espionage…

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National security warning for British firms dealing with Chinese telecoms giant ZTE

“British firms are being warned not to do business with one of China’s leading companies over “potential risks” to national security” writes Kallum Pickering for telegraph.co.uk. The National Cyber Security Centre (NCSC) has written to UK telecoms providers to warn against ZTE after it was linked to selling US equipment to Iran and North Korea.Dr Ian Levy, Technical Director of the National Cyber Security Centre, said: “It is entirely appropriate and part of NCSC’s duty to highlight potential risks to the UK’s national security and provide advice based on our technical expertise.…

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How Russia would wage cyber war on Britain

“Fears are growing that Russia, in retaliation for the missile strike on Syria over the weekend, is gearing up to conduct a major cyber assault on Britain” writes James Titcomb for telegraph.co.uk. Just days after the attack, the threat of a crippling attack from Russia is now at its “highest possible level” the National Cyber Security Centre has warned. Source: telegraph.co.uk Share This:

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