Cybersecurity Round-Up: Commerce’s Big Cyber Spend and DEF CON

Cyber attacks and growing cyber paranoia are on the rise around the world.  Applied Technology Institute, LLC offers a new Cyber Warfare- Global Trends course on June 10-12, 2014 in Columbia, MD.  If you would you to protect your company against this modern day threat please register here. Also, you might find the story below interesting. […]
Cyber attacks and growing cyber paranoia are on the rise around the world.  Applied Technology Institute, LLC offers a new Cyber Warfare- Global Trends course on June 10-12, 2014 in Columbia, MD.  If you would you to protect your company against this modern day threat please register here. Also, you might find the story below interesting. The U.S. Economic Development Administration shot itself in the foot by spending $3 million of taxpayers’ money to remedy a cyber attack — that never happened. That’s the upshot of a recent study by the EDA’s parent agency, the U.S. Department of Commerce, reporter Lisa Rein writes in The Washington Post. “Federal officials were so worried the infection would spread to economically sensitive information that 200 employees had to spend months without e=mail or access to Internet servers and databases,” according to the story. “BlackBerrys were abandoned, and there was no Internet communications with regional offices. “Officials spent almost $3 million to destroy computers, hire consultants and secure temporary networks before building a new operating network from scratch.” It all started when a Dept. of Homeland Security team flagged a possible virus in December 2011. “Inexperienced, unqualified IT employees overreacted to information that turned out to be wrong, investigators found in their June 26 report,” Rein wrote. “They spoke past one another and did not validate how many computers had been targeted. “They failed to heed early conclusions that this was not a large-scale attack by a foreign entity.” The Senate Commerce Committee appears to be spending its time and money on another cyber measure. On Thursday, the committee released a draft bill to enhance the nation’s cybersecurity through standards, best practices, research and development, and public awareness and preparedness. The legislation is expected to be marked up in the next few weeks.
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