Correspondent, Boston
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May 13, 2013

Power group more worried about physical than cyber threats

WASHINGTON (Reuters) – Downplaying warnings about the potential for hackers to sabotage U.S. power plants at the click of a mouse, the head of the North American electricity standards group said on Monday he is more concerned about physical rather than cyber threats.

“It takes a small number of crews with explosives and you’ve created not only an outage over an area or a city, but smoke and fire and flash-type stuff,” Gerry Cauley, chief executive of the North American Electric Reliability Corp (NERC), told the Reuters Cybersecurity Summit.

May 13, 2013

REUTERS SUMMIT: Power group more worried about physical than cyber threats

WASHINGTON, May 13 (Reuters) – Downplaying warnings about
the potential for hackers to sabotage U.S. power plants at the
click of a mouse, the head of the North American electricity
standards group said on Monday he is more concerned about
physical rather than cyber threats.

“It takes a small number of crews with explosives and you’ve
created not only an outage over an area or a city, but smoke and
fire and flash-type stuff,” Gerry Cauley, chief executive of the
North American Electric Reliability Corp (NERC), told the
Reuters Cybersecurity Summit.

May 13, 2013
May 12, 2013

Indian card processor in $45 million heist is ElectraCard: sources

DUBAI/BOSTON (Reuters) – Two companies with major operations in India were the weak links that opened the door to a $45 million global cyber heist brought to light by U.S. authorities this week.

EnStage Inc, which operates from Bangalore, and ElectraCard Services, which is based in Pune, processed card payments for the two Middle Eastern banks that were hit in the theft, according to several people familiar with the situation.

May 11, 2013

Indian companies at center of global cyber heist

DUBAI/BOSTON (Reuters) – Two companies with major operations in India were the weak links that opened the door to a $45 million global cyber heist brought to light by U.S. authorities this week.

EnStage Inc, which operates from Bangalore, and ElectraCard Services, which is based in Pune, processed card payments for the two Middle Eastern banks that were hit in the theft, according to several people familiar with the situation.

May 9, 2013

U.S. charges eight in $45 million cyber crime scheme

BOSTON/NEW YORK, May 9 (Reuters) – The U.S. government
charged eight individuals with stealing debit card data from two
Middle Eastern banks in a scheme that prosecutors said netted
$45 million in a matter of hours – a crime they called one of
the biggest bank heists in history.

A New York-based group hacked into credit card processors’
computers to steal Mastercard Inc debit card data, which
they used to make approximately 36,000 transactions over a total
of 10 hours in 24 countries, the Justice Department said.

May 7, 2013
May 2, 2013

Body of Boston Marathon bombing suspect claimed

BOSTON (Reuters) – The body of Boston Marathon bombing suspect Tamerlan Tsarnaev was claimed on behalf of his family on Thursday, an official said.

Tsarnaev’s body had been kept at a Boston facility for more than a week after he was killed in a shootout with police on April 19, four days after the attack on the Boston Marathon that killed three people and wounded 264 people.

Mar 3, 2013

Evernote note-sharing service says hackers stole some user data

By Jim Finkle

(Reuters) – Evernote, a Web-based note-sharing service, said it was resetting the passwords of its 50 million users because hackers managed to breach its computer network and access some usernames, email addresses and encrypted passwords.

Evernote spokeswoman Ronda Scott said via email on Saturday that the attack “follows a similar pattern” to other cyber attacks on Internet-based companies in recent weeks, but she did not elaborate.

Mar 1, 2013

White House, lawmakers resume cybersecurity bill talks

SAN FRANCISCO (Reuters) – House Intelligence Committee Chairman Mike Rogers said on Friday negotiations with the White House on a new cybersecurity bill have resumed, and the two sides are not “that far apart” after making progress this week.

The Michigan Republican told Reuters that both sides are “very close” on agreeing about the roles that the Department of Homeland Security and other government agencies would play to better defend against cyber attacks. They are also negotiating ways to minimize the transfer and use of personal information from companies to the government, Rogers said.

    • 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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