Correspondent, Boston
Jim's Feed
Mar 7, 2014

Insight – Suspected Russian spyware Turla targets Europe, U.S

LONDON/BOSTON (Reuters) – A sophisticated piece of spyware has been quietly infecting hundreds of government computers across Europe and the United States in one of the most complex cyber espionage programs uncovered to date.

Several security researchers and Western intelligence officers say they believe the malware, widely known as Turla, is the work of the Russian government and linked to the same software used to launch a massive breach on the U.S. military uncovered in 2008. Those assessments were based on analysis of tactics employed by hackers, along with technical indicators and the victims they targeted.

Mar 7, 2014
Mar 7, 2014

Suspected Russian spyware Turla targets Europe, U.S.

LONDON/BOSTON, March 7 (Reuters) – A sophisticated piece of
spyware has been quietly infecting hundreds of government
computers across Europe and the United States in one of the most
complex cyber espionage programs uncovered to date.

Several security researchers and Western intelligence
officers say they believe the malware, widely known as Turla, is
the work of the Russian government and linked to the same
software used to launch a massive breach on the U.S. military
uncovered in 2008. Those assessments were based on analysis of
tactics employed by hackers, along with technical indicators and
the victims they targeted.

Mar 4, 2014

Ukraine says communications hit, MPs phones blocked

KIEV/BOSTON, March 4 (Reuters) – Ukraine’s
telecommunications system has come under attack, with equipment
installed in Russian-controlled Crimea used to interfere with
the mobile phones of members of parliament, the head of
Ukraine’s SBU security service said on Tuesday.

Some Internet and telephone services were severed after
Russian forces seized control of airfields and key installations
in Ukraine’s Crimea region on Friday, but now lawmakers were
being targeted, Valentyn Nalivaichenko told a news briefing.

Mar 3, 2014
Feb 26, 2014

Target shares recover after reassurance on data breach impact

NEW YORK/BOSTON (Reuters) – Target Corp shares made strong gains after it reassured investors that customers were beginning to return to its U.S. stores, suggesting that the impact of a massive data breach may not be as severe as some had feared.

The third-largest U.S. retailer said on Wednesday that customer traffic had started to improve this year after falling significantly at the end of the holidays when news of the cyber attack and theft of payment card data spooked shoppers.

Feb 26, 2014

Target warns data breach could hurt future profit

NEW YORK (Reuters) – Target Corp’s net profit almost halved in the holiday quarter as the third-largest U.S. retailer dealt with the fallout of a massive data breach and warned that costs related to the event could hurt future profits.

Target incurred $61 million (36 million pounds) in expenses related to the breach during the quarter, but those costs were offset by a $44 million insurance payment, bringing down the impact to $17 million. The retailer said it has not been able to estimate future expenses related to the data breach.

Feb 26, 2014

Target warns cost of data breach could hurt profit in future

NEW YORK (Reuters) – Target Corp’s (TGT.N: Quote, Profile, Research, Stock Buzz) net profit almost halved in the holiday quarter as the third-largest U.S. retailer dealt with the fallout of a massive data breach and warned that costs related to the event could hurt future profits.

Target incurred $61 million in expenses related to the breach during the quarter, but those costs were offset by a $44 million insurance payment, bringing down the impact to $17 million. The retailer said it has not been able to estimate future expenses related to the data breach.

Feb 26, 2014
Feb 25, 2014

360 million newly stolen credentials on black market: cybersecurity firm

BOSTON (Reuters) – A cybersecurity firm said on Tuesday that it uncovered stolen credentials from some 360 million accounts that are available for sale on cyber black markets, though it is unsure where they came from or what they can be used to access.

The discovery could represent more of a risk to consumers and companies than stolen credit card data because of the chance the sets of user names and passwords could open the door to online bank accounts, corporate networks, health records and virtually any other type of computer system.

    • About Jim

      "Jim works in the Reuters Boston bureau covering cyber security, hacking and technology privacy issues. He’s been with Reuters since 2005. He previously covered technology, media and biotechnology for Broadcasting & Cable, the Orange County Register and Bloomberg News out Tokyo, Taipei, San Francisco, Los Angeles and Santa Ana, California."
      Joined Reuters:
      2005
      Languages:
      English, Mandarin
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