A pro-IS group calling itself Team System DZ has hacked into US government websites in what officials call "defacement" attacks against President Donald Trump. Websites in Ohio were targeted, and officials have taken those servers offline.
US-based Symantec said that it is no longer working with Russia on source code reviews, which Russian authorities conduct on Western products before permitting them into the country due to security concerns. Other US firms "say they are playing ball to preserve their entree to Russia's huge tech market," but Symantec said one of the inspection labs was not independent enough from the country's government, write Joel Schectman, Jack Stubbs and Dustin Volz.
Malware called Marcher is being spread through a link camouflaged as a Flash update, ZScaler reports. The link prompts users to allow third-party app installations and remove security, allowing the malware to steal financial app details, the company reports.
The proportion of breach victims who become fraud victims has risen to 31.7%, per a Javelin Advisory Services report. In 2016, $16 billion in fraud loss was recorded, with $8.3 billion being tracked to victims who had experienced a breach within the previous year.
One-fifth of managers report avoiding negative feedback, while almost 40% fail to offer positive reinforcement, according to surveys from Zenger Folkman. "An abundance of research shows that giving positive feedback increases employees' sense that they're learning and growing at their jobs, makes them feel valued, and leads to increased confidence and competence," writes Leah Fessler.
SensoMotoric Instruments, a developer of eye-tracking technology, reportedly purchased by Apple for an undisclosed amount. The firm, established in 1991, has provided the eye-tracking technology used in the HTC Vive VR headset.
Health insurance company Anthem has agreed to pay $115 million to settle a class-action lawsuit over a data breach that led to the exposure and theft of about 80 million records in 2015, including client names, medical IDs, dates of birth, physical and email addresses, and Social Security numbers. US District Judge Lucy Koh is to hear the case in San Jose, Calif., on Aug. 17.
General Motors purchased Cruise Automation last year but is allowing the company to operate as a startup without incorporating GM employees and company culture. GM Head of Autonomous Technology Doug Parks praised Cruise's speed and talent, noting that "when we acquired them ... the last thing we wanted to do is squelch that."
As cyberattacks become smarter and more advanced, organizations will need to bolster their cybersecurity defenses to include advanced tech such as artificial intelligence, writes Waqas Khan. Implementing AI and predictive analytics could change the landscape of cybersecurity, leaving experts with more time to focus on strategies for fighting back against attacks, Khan writes.
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