WISeKey’S AIoT SOLUTIONS OFFER THE BEST PROTECTION AGAINST CYBER ATTACKS ON CONNECTED CARS
Geneva, October 13, 2020 – WISeKey International Holding Ltd. (“WISeKey” NASDAQ: WKEY; SIX Swiss Exchange: WIHN), cybersecurity delivering AIoT Integrated Security Platforms, today announced that its cybersecurity offering (hardware and software platform) for connected cars addresses safety and security issues arising from system vulnerabilities.
WISeKey entered the connected cars security segment in 2019 when Daimler AG started to use its technology to validate the authenticity of different vehicle components, protect onboard communication between vehicle components and provide over-the-air software updates. The automotive industry is facing a major cybersecurity challenge due to digitalization: Big Data coming from multiple connected sources in the car including its operating system is only getting larger and more complex, making it increasingly difficult for connected cars manufacturers to analyze and protect the connected car against cyber threats. The best way to cut through
Cyber threats like hacking, phishing, ransomware, and distributed denial-of-service (DDoS) attacks have the potential to cause enormous problems for organizations. Not only can companies suffer serious service disruption and reputational damage, but the loss of personal data can also result in huge fines from regulators.
Take British Airways as an example. In 2019, the airline was fined more than £183m by the UK’s Information Commissioner’s Office (ICO) after customer data was compromised in a cyber-attack. Customer details, including name, address, logins, and payment card, were harvested by hackers – affecting half a million customers in total. The fine, which amounts to around 1.5% of British Airways’ global 2018 turnover, was the first proposed by the ICO under the new General Data Protection Regulation (GDPR).
Cyberattacks like this are hitting the headlines with increasing frequency. But
The effort is part of what Gen. Paul Nakasone, the head of Cyber Command, calls “persistent engagement,” or the imposition of cumulative costs on an adversary by keeping them constantly engaged. And that is a key feature of CyberCom’s activities to help protect the election against foreign threats, officials said.
“Right now, my top priority is for a safe, secure, and legitimate 2020 election,” Nakasone said in August in a set of written responses to Washington Post questions. “The Department of Defense, and Cyber Command specifically, are supporting a broader ‘whole-of-government’ approach to secure our elections.”
Trickbot is malware that can steal financial data and drop other malicious software onto infected systems. Cyber criminals have used it to install ransomware, a particularly nasty form of malware that encrypts users’ data and for which the criminals then demand payment — usually in cryptocurrency — to unlock.
Maj. Gen. Kim Crider said space “will become the next front of the cyber conflict”
WASHINGTON — As many as 1,000 enlisted personnel and 130 officers currently in Air Force cyber security jobs will be asked to join the U.S. Space Force, a senior official said Oct. 8.
The selected airmen from cyber security career fields also have expertise in space programs and could be transferring to the Space Force in fiscal year 2021, said Maj. Gen. Kimberly Crider, Space Force chief technology and innovation officer.
The officers and enlisted personnel were hand picked to join the Space Force as the service experiences a growing demand for cyber security talent, Crider said Oct. 8 at the CyberSatGov virtual conference.
“We worked this out very closely and carefully with our Air Force partners across the Department of the Air Force,” Crider said. These cyber experts are needed for “defensive operations,” she
When the U.S. Space Force was created by an act of Congress in 2019, it was an acknowledgement by government leaders that the country needed military-level protection on more than just the ground. A combination of technology advancement and cybsersecurity threats had forced the U.S. to protect public and private assets orbiting the Earth — and potentially other planets in the not-too-distant future.
“We now see space as a war fighting domain,” said Maj. Gen. John E. Shaw (pictured, left), commander of the Combined Force Space Component Command, U.S. Space Command and Commander of the Space Operations Command, U.S. Space Force, at Vandenberg Air Force Base, California. “There’s nothing that we do on the cutting-edge of space that isn’t heavily reliant on the cutting-edge of cybersecurity. Space and cyber are forever intertwined.”
Shaw spoke with John Furrier, host of theCUBE, SiliconANGLE Media’s livestreaming studio, during the Space & Cybersecurity
Good day. The European Commission proposed legislation that would stop banks and financial firms from using tech services that present known cybersecurity risks. Regulators would have the authority to require banks to suspend or stop using a company’s services if the flaws aren’t fixed, WSJ Pro’s Catherine Stupp reports.
Universal Health Services
restores network after cyberattack and is still reconnecting applications; retailer
fined $41.6 million for privacy abuses; China tells World Trade Organization that TikTok and
bans violate cross-border trade rules.
Also today: Cybersecurity jobs of the future.
EU seeks authority to cut off banks’ tech suppliers if they are found wanting on cybersecurity. Banks and other financial institutions could be forced to cut ties with cloud providers and other technology suppliers under a draft European Union regulation that aims to limit cybersecurity risks to
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Two key players in the global shipping industry are trying to restore computer networks and assess the damage from separate cyber attacks this week that are adding short-term complications to supply chains already straining ahead of peak season for consumer demand.
The International Maritime Organization, a UN agency that serves as the industry’s regulator, said Thursday it suffered “a sophisticated cyber attack against the organization’s IT systems.” The breach affected its public website and internal systems, it said. The IMO’s web page remained down Friday morning in London.
The global shipping industry sustained a second cyber attack within a week that’s raising concern about disruptions to supply chains already straining to move goods heading into the usual peak season for consumer demand.
The International Maritime Organization, a United Nations agency that serves as the industry’s regulatory body, said in a statement Thursday it has suffered “a sophisticated cyber attack