BEIJING (Reuters) - Cybersecurity threats must be addressed without creating barriers to trade or investment, U.S. Secretary of Commerce Penny Pritzker said on Tuesday, during a visit to China as part of a trade delegation.
U.S. officials, including President Barack Obama, have raised concerns about cybersecurity regulations China is now considering that could limit opportunities for foreign technology companies, including a draft anti-terrorism law and so-called "secure and controllable" rules on banking technology.
(Reuters) - Hackers, most likely from China, have been spying on governments and businesses in Southeast Asia and India uninterrupted for a decade, researchers at internet security company FireEye Inc said.
In a report released on Monday, FireEye said the cyber espionage operations dated back to at least 2005 and "focused on targets - government and commercial - who hold key political, economic and military information about the region."
NEW YORK (Reuters) - The Federal Communications Commission reached a $25 million settlement with AT&T Inc over a consumer data breach at call centers in Mexico, Colombia and the Philippines, the U.S. communications regulator said on Wednesday.
The breaches led to unauthorized disclosure of names and full or partial Social Security numbers and illegal access to account information of about 280,000 U.S customers of AT&T, a senior FCC official told reporters on a conference call.
SINGAPORE (Reuters) - Singapore Telecommunications, Southeast Asia's largest telecommunications operator by revenue, is buying U.S.-based cyber-security firm Trustwave for $810 million, marking its biggest acquisition outside the main telecoms sector.
The deal comes as Singtel is moving away from being a pure-play telecoms company and pursues expansion in areas such as "digital life", which includes mobile video and digital advertising, and cyber security through partnerships with FireEye Inc and Akamai, among others.
(Reuters) - Opening another front in the legal challenges to U.S. government surveillance, a human rights group has sued the Drug Enforcement Administration for collecting bulk records of Americans' telephone calls to some foreign countries.
Lawyers for Human Rights Watch filed the lawsuit on Tuesday in U.S. District Court in Los Angeles. The lawsuit asks a judge to declare unlawful the DEA program, which ended in September 2013 after about 15 years, and to bar the DEA from collecting call records in bulk again.
A poll by the Organization of American States found that 40 percent of respondents had battled attempts to shut down their computer networks, 44 percent had dealt with bids to delete files and 54 percent had encountered “attempts to manipulate” their equipment through a control system.
LONDON (Reuters) - China's Huawei Technologies Co Ltd, the telecoms equipment company whose products are now integral to various mobile and fixed-line networks, poses no threat to Britain's national security, a board established to monitor the company's operations said.
The world's second largest telecoms equipment maker set up an independent cyber security evaluation center in Oxford in 2010 in conjunction with the government to check whether its equipment could pose a threat to national security.
CHICAGO (Reuters) - Four out of five global retailers and other merchants failed interim tests to determine whether they are in compliance with payment card data security standards, putting them at increased risk of cyberattacks, according to a new report by Verizon Communications Inc.
BARCELONA (Reuters) - The merger of NXP and Freescale will bring together two highly diversified chipmakers to create a more focused, leading player in two high-growth markets - automotive electronics and security, NXP's top executive said on Wednesday.
The cash and stock deal, announced on Monday, valued Freescale at $11.8 billion, excluding debt, and is expected to close in the second half of the year, subject to regulatory approvals. An overlapping business in radio frequency amplifier chips will be sold to ease antitrust concerns.
WASHINGTON (Reuters) - Lockheed Martin Corp, the No. 1 provider of information technology to the U.S. government, said it expected double-digit growth in its overall cybersecurity business over the next three to five years, and even bigger gains in the commercial sector.
Lockheed, also the Pentagon's biggest supplier, said it was making strong inroads in the commercial market by leveraging a dozen years of experience and intelligence gathered while guarding its own networks and those of government agencies.
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