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May 16, 2014

U.S. industry too complacent about cyber risks, say experts

WASHINGTON (Reuters) – After warning for years that the U.S. electric grid and other critical infrastructure are dangerously vulnerable to hacking, security experts fear it may take a major destructive attack to jolt CEOs out of their complacency.

While awareness about cybersecurity has increased in recent years, infrastructure consultants say the industry remains reluctant to spend the money needed to upgrade their aging equipment – especially in the absence of much pressure from the U.S. government, regulators or shareholders.

May 15, 2014

Cyber experts tread carefully around the Internet

WASHINGTON (Reuters) – They know the risks of the Internet better than anyone, but most cyber experts still shop and bank online – with care.

“We operate in the 21st century … I’ve got to shop online, I’ve got to pay my bills online,” Brigadier General Paul Nakasone, deputy commander of U.S. Army Cyber Command, said at the Reuters Cybersecurity Summit this week.

May 15, 2014

Amid protests, U.S. FCC proposes new ‘net neutrality’ rules

WASHINGTON (Reuters) – U.S. regulators on Thursday advanced a “net neutrality” proposal that would ban Internet providers from blocking or slowing down access to websites but may let them charge content companies for faster and more reliable delivery of their traffic to users.

For four months now, the public can weigh in on the rules proposed by the Federal Communications Commission (FCC) in what promises to be an intense tug-of-war between some tech companies and consumer advocates on one side and Republicans and broadband providers on the other, over the extent to which the agency can regulate Internet traffic.

May 15, 2014

U.S. FCC votes to restrict AT&T, Verizon in 2015 spectrum auction

May 15 (Reuters) – U.S. telecom regulators on Thursday voted
to limit how much spectrum Verizon Communications Inc and
AT&T Inc will be able to buy in next year’s auction of
highly valuable wireless airwaves.

In a 3-2 vote along party lines, the Federal Communications
Commission approved the plan that would reserve part of the
spectrum in each market for wireless carriers that do not
already have substantial blocks of low-frequency airwaves there,
largely restricting Verizon and AT&T participation.

May 15, 2014

Amid protests, U.S. FCC to vote on new ‘net neutrality’ proposal

WASHINGTON, May 15 (Reuters) – U.S. telecommunications
regulators will vote on Thursday on whether to formally propose
new “net neutrality” rules that may let Internet service
providers charge content companies for faster and more reliable
delivery of their traffic to users.

Federal Communications Commission Chairman Tom Wheeler has
come under fire from consumer advocates and technology companies
for proposing to allow some “commercially reasonable” deals
where content companies could pay broadband providers to
prioritize traffic on their networks.

May 14, 2014

Security chief sees U.S. cyber legislation this summer

WASHINGTON (Reuters) – Congress is likely to agree on cybersecurity legislation this summer, U.S. Homeland Security Secretary Jeh Johnson said on Tuesday, citing growing consensus among lawmakers on the need to help industry share data with government about attacks on computer networks.

Lawmakers have been considering legislation to clarify how private companies should be required to disclose security breaches and cyber threats, but spats over liability and privacy protections have repeatedly thwarted comprehensive cybersecurity bills.

May 13, 2014

DHS chief says confident U.S. cyber legislation will pass

WASHINGTON (Reuters) – Congress is likely to agree on cybersecurity legislation this summer, Homeland Security Secretary Jeh Johnson said on Tuesday, citing growing consensus among lawmakers on the need to help industry share data with government about attacks on computer networks.

Johnson told the Reuters Cybersecurity Summit he sees a real bipartisan desire to pass a bill after years of unsuccessful attempts.

May 13, 2014

FCC vote on ‘net neutrality’ will kick off long battle

WASHINGTON (Reuters) – U.S. efforts to set new Internet traffic rules face a lengthy tug of war between big broadband providers and Republicans on one side and some tech companies and consumer advocates on the other as regulators prepare to propose the rules formally on Thursday.

U.S. Federal Communications Commission Chairman Tom Wheeler has expanded the issues and questions raised in his “open Internet” proposal to sway his two Democratic colleagues on the five-member panel, though some consumer advocates remain unhappy.

May 8, 2014

U.S. ‘net neutrality’ plan faces heat from venture capitalists

WASHINGTON, May 8 (Reuters) – Pressure built on the U.S.
Federal Communications Commission chairman on Thursday to delay
or abandon a plan to relax Internet traffic rules, with more
than 50 high-profile venture capitalists and another FCC member
the latest to pile on.

Prominent investors including Ron Conway of SV Angel, Chris
Dixon of Andreessen Horowitz, John Lilly of Greylock Partners,
Jason Mendelson of Foundry Group, and dozens of other VCs wrote
a joint letter to FCC Chairman Tom Wheeler, himself a former
private equity investor, sharing their concerns about the
proposed new “open Internet” rules.

May 8, 2014

House panel votes to delay U.S. ceding oversight of Internet addresses

WASHINGTON, May 8 (Reuters) – A U.S. Congressional panel on
Thursday advanced a bill opposed by the Obama administration
that would delay a plan to cede U.S. oversight of the nonprofit
group that manages the Internet’s infrastructure.

The United States in March said it planned to relinquish
oversight of the Internet Corporation for Assigned Names and
Numbers (ICANN), which controls the “address book” of the
Internet, the master database of top-level domain names such as
.com and .net.

    • About Alina

      "Alina Selyukh is covering campaign finance this year. Starting as a journalist in her native town of Samara in Russia, she spent five years in Lincoln, Nebraska before moving to the East Coast to work for Reuters. A former intern and graduate trainee, Selyukh has covered energy, IPOs, healthcare policy and FDA."
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