Correspondent, Boston
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Sep 24, 2014

New ‘Bash’ software bug may pose bigger threat than ‘Heartbleed’

BOSTON (Reuters) – A newly discovered security bug in a widely used piece of Linux software, known as “Bash,” could pose a bigger threat to computer users than the “Heartbleed” bug that surfaced in April, cyber experts warned on Wednesday.

Bash is the software used to control the command prompt on many Linux computers. Hackers can exploit a bug in Bash to take complete control of a targeted system, security experts said.

Sep 24, 2014

Your medical record is worth more to hackers than your credit card

NEW YORK/BOSTON (Reuters) – Your medical information is worth 10 times more than your credit card number on the black market.

Last month, the FBI warned healthcare providers to guard against cyber attacks after one of the largest U.S. hospital operators, Community Health Systems Inc, said Chinese hackers had broken into its computer network and stolen the personal information of 4.5 million patients.

Sep 23, 2014
Sep 23, 2014

General Motors appoints its first cybersecurity chief

BOSTON/DETROIT (Reuters) – General Motors Co (GM.N: Quote, Profile, Research, Stock Buzz) on Tuesday named an engineer to serve as its first cybersecurity chief as the No. 1 U.S. automaker and its rivals come under increasing pressure to better secure their vehicles against hackers.

The No. 1 U.S. automaker promoted manager Jeff Massimilla to the post as part of an eight-month review of its product design and engineering, said GM Vice President of Global Product Development Mark Reuss.

Sep 18, 2014

Home Depot breach bigger than Target at 56 million cards

BOSTON/CHICAGO (Reuters) – Home Depot Inc (HD.N: Quote, Profile, Research, Stock Buzz) Thursday said some 56 million payment cards were likely compromised in a cyberattack at its stores, suggesting the hacking attack at the home improvement chain was larger than last year’s unprecedented breach at Target Corp (TGT.N: Quote, Profile, Research, Stock Buzz).

Home Depot, in providing the first clues to how much the breach would cost, said that so far it has estimated costs of $62 million. But it indicated that costs could reach much higher.

Sep 18, 2014
Sep 18, 2014
Sep 13, 2014
Sep 11, 2014

EMC plans to keep stake in VMware, despite investor pressure-source

Boston, Sept 11 (Reuters) – EMC Corp plans to keep
its majority stake in software maker VMware Inc despite
pressure from activist hedge fund Elliott Management, a person
familiar with EMC’s thinking told Reuters on Thursday.

The person, who was not authorized to publicly discuss the
matter, described as inaccurate a Thursday report in the New
York Post that EMC had decided to explore selling its stake in
business software maker VMware. The source did not provide
further details.

Aug 29, 2014

U.S. banking group says unaware of any ‘significant’ cyber attack

BOSTON (Reuters) – An influential U.S. financial services industry group that shares information about cyber threats has said it is unaware of any “significant” cyber attacks, downplaying concerns about possible breaches at JPMorgan Chase & Co and other banks.

The group, known as the Financial Services Information Sharing and Analysis Center, or FS-ISAC, includes all major U.S. banks and dozens of smaller ones along with some large European financial institutions.

    • 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:
      English, Mandarin
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