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U.S. regulator calls for better data-breach disclosures

By Emily Stephenson WASHINGTON (Reuters) - A top U.S. financial regulator on Thursday told lawmakers that retailers and other companies that deal with customer payments should have the same obligation as banks to report data breaches. The call for a uniform disclosure regime comes after cyber criminals managed to pull off a massive theft of customer data from retailer Target Corp during the holiday shopping season in late 2013.

U.S. Secret Service visits refrigeration company in Target probe

By Mark Hosenball and Dhanya Skariachan WASHINGTON/NEW YORK (Reuters) - The U.S. Secret Service visited the office of a Pennsylvania-based refrigeration contractor, Fazio Mechanical Services, in connection with an investigation of the Target Corp consumer data breach, a spokesman for the agency said on Wednesday. Fazio is the largest refrigeration contractor in the Western Pennsylvania region, and Target is one of its clients, according to the Sharpsburg-based company's website.

Japan, U.S. to team up in training people to counter cyberattacks

Japanese and U.S. defense officials agreed Tuesday to boost their cooperation in training people to counter cyberattacks which have become increasingly sophisticated in recent years. Among the forms of cooperation they discussed in their first working-level meeting on the issue is conducting joint exercises to counter cyberattacks on government agencies and other organizations, often blamed on countries such as China and North Korea. The joint panel, which met Monday and Tuesday, will next meet in the United States in summer.

CSEC not spying on Canadians, head of eavesdropping agency insists

OTTAWA - The head of Canada's eavesdropping agency says a controversial effort to understand airport wireless systems did not breach the privacy of Canadians. John Forster told a Senate committee Monday that Communications Security Establishment Canada was merely collecting electronic metadata — or data trails about messages — and not the actual content of those messages and calls. A document obtained by CBC — originally leaked by former American spy contractor Edward Snowden — indicates the pilot project was intended to help the agency locate kidnappers and terrorists.

'ChewBacca' hackers targeted retailers in 11 countries: RSA

By Jim Finkle BOSTON (Reuters) - A cyber criminal ring targeting small retailers in 11 countries stole data on 49,000 payment cards using a malicious software known as "ChewBacca" before the operation was shut down, according to a cyber research firm. RSA FirstWatch disclosed the attacks on Thursday on its website. It said the firm's researchers uncovered the ring, whose victims included small companies in the United States, Russia, Canada and Australia.

B.C. auditor general says many government web apps pose cyber security risks

VICTORIA - British Columbia's government is vulnerable to cyber security threats and needs to be unwavering in its search for possible attacks, said the province's auditor general. In a report released Thursday, Russ Jones outlined how an audit by his office found security vulnerabilities ranking from medium to critical in more than half of the government's web applications that it reviewed. Jones said the security audit, conducted from December 2012 to February 2013, produced a swift response from the government to erect security protections.

Israeli defense computer hacked via tainted email: cyber firm

By Allyn Fisher-Ilan and Jim Finkle JERUSALEM/BOSTON (Reuters) - Hackers broke into an Israeli defense ministry computer via an email attachment tainted with malicious software that looked like it had been sent by the country's Shin Bet secret security service, an Israeli cyber security firm said on Sunday.

Target cuts 475 jobs in Minnesota offices

By Dhanya Skariachan NEW YORK (Reuters) - Target Corp <TGT.N> said on Wednesday that it is cutting 475 jobs at its headquarters and other offices in Minnesota and will not fill 700 open positions worldwide. The company, which employs 361,000 people around the globe, had a tough 2013 as U.S. shoppers remained cautious and its new Canadian stores did not do as well as it had anticipated.

Russia hacked hundreds of Western, Asian companies: security firm

By Jim Finkle WASHINGTON (Reuters) - A U.S. cybersecurity firm says it has gathered evidence that the Russian government spied on hundreds of American, European and Asian companies, the first time Moscow has been linked to cyber attacks for alleged economic - rather than political - gains. According to the firm, CrowdStrike, the victims of the previously unreported cyber espionage campaign include energy and technology firms, some of which have lost valuable intellectual property.

Presidential defense secretary ordered political postings: lawmaker

SEOUL, Jan. 21 (Yonhap) -- The presidential secretary for national defense ordered the cyber warfare command to post political comments online while serving as chief of the command, an opposition lawmaker claimed Tuesday. Yeon Jae-wook, who headed the command for about two years until October, received daily briefings from one of his subordinates on the top issues dominating Internet sites and social networking services, according to Rep. Jeon Hae-cheol of the main opposition Democratic Party.
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