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Copy Chinese makers of network software and hardware must alert Beijing within two days of learning of a security vulnerability in their products under rules coming into force in China this year. Details of holes cannot be publicized until the bugs are fixed. Malicious or weaponized exploit code cannot be released. There are restrictions on disclosing details of flaws to foreign organizations. And vendors will be under pressure to address these vulnerabilities as soon as they can and set up bounty programs to reward researchers. The regulations are intended to tighten up the nation's cyber-se...

Kaseya Had a History of Security Issues Before Ransomware Attack 8 hours ago Software firm Kaseya had a history of security issues long before the latest one that allowed the biggest ransomware attack in history to occur. Kaseya went from relative obscurity to being one of the most well-known software firms in the world, thanks to being ground zero for the worst ransomware attack in history. Kaseya makes software used for managed services. As such, it made for a prime target, since compromising its software would open the door to compromising all the companies that rely on its services. In...

Jul 8, 2021 3:28 PM EDT A slew of disruptive ransomware attacks have rattled the U.S., including the recent massive breach of software company Kaseya, and a reported attempted hack on the Republican National Committee. In the aftermath, both the corporate sector and U.S. government officials are scrambling to address how Congress and individual businesses should handle the growing threat. “We’ve got a moment in time where you can’t ignore it anymore,” said Sen. Lindsey Graham, R-S.C., at a June 17 press conference to unveil legislation that would target...

The White House wants a 14 percent across the board funding hike amid a rash of damaging hacks.

Rep. Ted Lieu, D-Calif., arrives on Capitol Hill on February 13, 2021 in Washington, DC. Lieu introduced a bill which would require vulnerability disclosures of fedreal contractors. (Photo by Stefani Reynolds – Pool/Getty Images) Rep. Ted Lieu, D-Calif., will announce Tuesday a bill that would require all federal contractors to have a vulnerability disclosure program.  The Improving Contractor Cybersecurity Act draws inspiration from the Department of Homeland Security’s Binding Operational Directive 20-01, which ordered federal agencies to develop disclosure programs.  ​”...