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Young UK Internet defenders compete in cyberwar game at Churchill's underground bunker

LONDON - Bent over their computers in a World War II-era bunker beneath London's streets, dozens of young techies have spent Friday racing to understand why Britain's banking network suddenly seems to have gone offline. The exercise — it is just an exercise — comes complete with sirens and mock newscasts. It's meant to recruit the next generation of tech talent, and is also meant to help highlight the threat many here see as inevitable: A major cyberattack on the nation's critical infrastructure.

Kremlin website hit by 'powerful' cyber attack

MOSCOW (Reuters) - Hackers knocked out the Russian presidency's website several times on Friday and brought down the central bank website, the Kremlin press service said. "A powerful cyber attack is under way on the (Kremlin) site," a Kremlin spokeswoman said, adding that the attack was continuing and security experts were trying to prevent further disruptions. She did not say who was believed to be behind the cyber attack.

Exchange CEOs say they are on high alert over cyber security

By John McCrank BOCA RATON, Florida (Reuters) - Cyber security is emerging as one of the biggest threats for exchange operators as hackers become more sophisticated in their efforts to disrupt the global financial system, a group of exchange leaders told an industry conference. More than half of the world's exchanges were hit by cyber attacks in 2012, according to a paper released last year by the World Federation of Exchanges Office and the research department of the International Organization of Securities Commissions.

Exchange CEOs say they are on high alert over cyber security

By John McCrank BOCA RATON, Florida (Reuters) - Cyber security is emerging as one of the biggest threats for exchange operators as hackers become more sophisticated in their efforts to disrupt the global financial system, a group of exchange leaders told an industry conference. More than half of the world's exchanges were hit by cyber attacks in 2012, according to a paper released last year by the World Federation of Exchanges Office and the research department of the International Organization of Securities Commissions.

NSA nominee backs protection for companies in any cyber law

WASHINGTON (Reuters) - President Barack Obama's nominee to head the National Security Agency said on Tuesday he considered liability protection for corporations that share information with intelligence agencies as a "critical element" in any new U.S. cybersecurity legislation. "My sense is it's a critical element in any legislation," the nominee, Vice Admiral Michael Rogers, said at his confirmation hearing before the U.S. Senate Armed Services Committee.

CORRECTED-Hackers target Brazil's World Cup for cyber attacks

By Esteban Israel SAO PAULO (Reuters) - Brazilian hackers are threatening to disrupt the World Cup with attacks ranging from jamming websites to data theft, adding cyber warfare to the list of challenges for a competition already marred by protests, delays and overspending. In a country with rampant online crime, a challenging telecommunications infrastructure and little experience with cyber attacks, authorities are rushing to protect government websites and those of FIFA, soccer's governing body.

S. Korea pushes to develop offensive cyberwarfare tools

By Kim Eun-jung SEOUL, Feb. 19 (Yonhap) -- South Korea will push to develop sophisticated cyberwarfare tools that could wreak havoc on North Korea's nuclear facilities as part of its plans to beef up offensive capabilities, the defense ministry said Wednesday. The ministry reported a long-term plan for cyberpolicy to the parliamentary defense committee, at a time when calls have risen to reform the Cyber Warfare Command, which has been dogged by allegations of an online smear campaign in the 2012 presidential election.

S. Korea pushes to develop offensive cyberwarfare tools

By Kim Eun-jung SEOUL, Feb. 19 (Yonhap) -- South Korea will push to develop sophisticated cyberwarfare tools that could wreak havoc on North Korea's nuclear facilities as part of its plans to beef up offensive capabilities, the defense ministry said Wednesday. The ministry reported a long-term plan for cyberpolicy to the parliamentary defense committee, at a time when calls have risen to reform the Cyber Warfare Command, which has been dogged by allegations of an online smear campaign in the 2012 presidential election.

After retailer breaches, SEC plans roundtable on cybersecurity

WASHINGTON (Reuters) - The Securities and Exchange Commission said on Friday that it plans to hold a roundtable next month to discuss cybersecurity, after massive retailer breaches refocused the attention of the business community and policymakers on the area. The SEC said that it would hold the event on March 26 to talk about the challenges cyber threats pose for market participants and public companies.

US launches voluntary cybersecurity plan

The US administration on Wednesday launched a cybersecurity plan which aims to use voluntary collaboration from the private sector to protect critical infrastructure from computer hackers. The initiative stems from an executive order issued last year by President Barack Obama after repeated failures in Congress of a cybersecurity law. The so-called cybersecurity framework allows the government to lead an information-sharing network but stops short of making mandatory the reporting of cyber threats.
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