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Hackers Spied on 100 US Bank Regulators' Emails for Over a Year

1 month 4 weeks ago
Hackers intercepted about 103 bank regulators' emails for more than a year, gaining access to highly sensitive financial information, Bloomberg News reported Tuesday, citing two people familiar with the matter and a draft letter to Congress. From the report: The attackers were able to monitor employee emails at the Office of the Comptroller of the Currency after breaking into an administrator's account, said the people, asking not to be identified because the information isn't public. OCC on Feb. 12 confirmed that there had been unauthorized activity on its systems after a Microsoft security team the day before had notified OCC about unusual network behavior, according to the draft letter. The OCC is an independent bureau of the Treasury Department that regulates and supervises all national banks, federal savings associations and the federal branches and agencies of foreign banks -- together holding trillions of dollars in assets. OCC on Tuesday notified Congress about the compromise, describing it as a "major information security incident." "The analysis concluded that the highly sensitive bank information contained in the emails and attachments is likely to result in demonstrable harm to public confidence," OCC Chief Information Officer Kristen Baldwin wrote in the draft letter to Congress that was seen by Bloomberg News. While US government agencies and officials have long been the targets of state-sponsored espionage campaigns, multiple high-profile breaches have surfaced over the past year.

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UK Creating 'Murder Prediction' Tool To Identify People Most Likely To Kill

1 month 4 weeks ago
New submitter toutankh writes: The UK government is developing a tool to predict murder. The scheme was originally called the "homicide prediction project", but its name has been changed to "sharing data to improve risk assessment". The Ministry of Justice hopes the project will help boost public safety but campaigners have called it "chilling and dystopian".The existence of the project was uncovered by Statewatch rather than announced by the UK government. PR following this discovery looks like uncoordinated damage control: one stated goal is to "ultimately contribute to protecting the public via better analysis", but a spokesperson also said that it is "for research purpose[s] only". One criticism is that such a system will inevitably reproduce existing bias from the police. What could go wrong?

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