Former Tesla engineer charged with hacking and leaking data

A former Tesla Motors mechanical engineer is facing federal charges in a San Jose District Court on two counts of felony computer intrusion, and one count of misdemeanor computer intrusion.

Authorities said Canadian citizen, Nima Kalbasi, accessed his former manager’s email account and got his hands on communications regarding Telsa employee evaluations and other confidential information, according to a FBI release.

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Millennials are rapidly losing trust when it comes to online security

Given the amount of data breaches and hacking that goes on these days, it’s not surprising to hear that a new piece of research has found that millennials are swiftly losing trust in the digital world.

Only 5 per cent believed their digital identity and personal data was “completely protected” by effective security measures.

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Next-Gen Cybersecurity Is All About Behavior Recognition

In the wake of devastating personal information leaks, like Target’s back in 2014 affecting more than 70 million customers and the more recent Ashley Madison data breach, concerns over cybersecurity are at an all-time high.

Financial advisers overwhelmingly cite cybersecurity as their number-one concern, with business owners and everyday consumers sharing in those worries.

There are a few ways to approach this problem, but the one on everyone’s mind is the most straightforward; we need to protect companies’ records from ever being breached in the first place.

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Cybersecurity Opponents Gird for Senate Floor Debate

The Senate will take up a cyber bill this week that already has critics promising a rigorous debate over what they say is little more than a surveillance measure dressed in the guise of cybersecurity legislation.

The bill’s sponsors have floated a managers’ amendment that would address at least some of the concerns expressed by privacy advocates, but one of the most vocal opponents of the legislation, Sen. Ron Wyden, said Monday the proposed changes don’t go far enough.

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The Army is in talks with “cyber effects” vendors

The Army is seeking the assistance of cyberattack tool sellers, joining a growing number of Pentagon entities aiming to amass advanced cyber capabilities.

A new market survey aimed at identifying suppliers is the third Defense Department document issued over the past month that points out a need to be able to execute “cyber effects.”

A cyber effect typically refers to a hack, disruption or other impact to an adversary’s network….

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Three Quarters of U.S. Execs Say a Cyber Attack Could Seriously Disrupt Business

According to a recent RedSeal survey of more than 350 C-level executives at U.S. organizations, 74 percent of respondents said cyber attacks on their networks could cause “serious damage or disruption” to their businesses.

Almost 80 percent of executives said such attacks could inflict “serious impacts to business profitability and growth” and cause “serious brand damage.”

Forty-five percent said cyber attacks could lead to a “big hit on employee productivity,” more than 43 percent said they would cause business downtime, and more than 41 percent said attacks could cause “internal/organizational disruption or chaos.”

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Survey Finds CEOs, Boards Getting Increasingly Involved in Security Policy

Netskope recently announced the results of a survey of 100 2015 RSA Conference attendees, which found that 69 percent of respondents’ CEOs or boards of directors had queried their security teams regarding specific security policies in the wake of recent high-profile breaches.

Those queries covered a variety of topics — 28 percent were focused on cloud or SaaS technologies, while 27 percent were focused on mobile device security and network security.

Almost two thirds of respondents said they have changed, or plan to change, cloud-specific security methods since the Anthem security breach — and more than half said their cloud-specific security methods have changed as a direct result of CEO or board-level conversations….

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Identity Theft Poses Extra Troubles for Children

The note that arrived in the mail, dated March 25 and addressed to my grade-school-age daughter, said what we had expected and feared: Like tens of millions of other Americans, including untold numbers of children, she may have fallen victim to thieves who gained access to Social Security numbers and other personal data from the health insurance giant Anthem….

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House passes cybersecurity bill

The House today passed the first major cybersecurity bill since the calamitous hacks on Sony Entertainment, Home Depot and JPMorgan Chase.

Passed 307-116, the Protecting Cyber Networks Act (PCNA), backed by House Intelligence Committee leaders, would give companies liability protections when sharing cyber threat data with government civilian agencies, such as the Treasury or Commerce Departments.

“This bill will strengthen our digital defenses so that American consumers and businesses will not be put at the mercy of cyber criminals,” said House Intelligence Committee Chairman Devin Nunes (R-Calif.).

The legislation is the first of three measures Congress must pass to finally get a cyber info-sharing law in place. The White House has put its hesitant….

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