Correspondent, Boston
Jim's Feed
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.

Aug 29, 2014
Aug 28, 2014

Corrected – Time Warner Cable suffers major outage; New York launches probe

BOSTON/WASHINGTON (Reuters) – (Corrects 12th paragraph to clarify that 59 percent of Time Warner Cable customers, not all cable customers, are unsatisfied with service; corrects capitalization in analyst company to “cg42″ from “CG42″)

Time Warner Cable Inc, the No. 2 U.S. cable operator, suffered a massive network outage on Wednesday due to suspected human error that cut Internet services to some 11 million businesses and residences, prompting a New York state investigation.

Aug 28, 2014
    • 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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