The U.S. and the U.K. plan to conduct cyber war game exercises with each other later this year with a staged attack on the financial sector. It's the first time the two countries have conducted such an exercise, but simulated attacks are used often in private industry where companies concerned about becoming targets of hackers look to bolster their digital defenses. But the goals of businesses and nations differ.
"The government is more interested in infiltration and defensiveness than it is about process or remediation," says Joe Loomis, CEO of CyberSponse.
Loomis says among the things private companies test when they run cyber attack simulations are: "As soon as you're attacked, what are you going to do first ... what data are you going to collect ... how are we going to communicate ... if the network's compromised."
While cyber security is an industry in growth mode, Loomis says there are still not enough businesses running simulations.
"Companies have been doing terribly because they haven't been testing," says Bruce Schneier, Chief Technology Officer Co3 Systems. "So, I think companies are realizing that this has been a hole in their security."
Global spending on all information security is expected to grow eight percent this year to $77 billion, according to research firm Gartner. The cost of digital crime is estimated in the hundreds of billions of dollars, according to the Center for Strategic & International Studies.
According to anti-poverty charity Oxfam, the wealthiest 1 percent will soon own more than the rest of the world's population. As the BBC reports, the findings coincide with the start of the World Economic Forum in Davos.76 percent
The portion of Americans who count protecting the country from terrorism as a top priority in the new year, according to a new survey from Pew, neck-and-neck with improving the economy. That's a marked change from last year, which pegged job creation and the economy as the top priorities by far.50,000 jobs
Travis Kalanick, chief executive of Uber Technologies Inc. stated that his company would add 50,000 jobs to the European economy this year, taking 400,000 cars off the road in the process. As reported by the WSJ, Kalanick's comments at the Digital Design Life conference come at a time when Uber is facing major obstacles in entering the European market.1928
The year the Model Municipal Traffic Ordinance was created, providing a template for the regulation of roads nationwide. Most notably, the suggested model included laws against jaywalking, which were pushed through by the automotive industry. Vox has the full secret history of the petty law that ceded control of the road.100 billion pounds
That's how many pounds of sand are used for oil and gas fracking every year, much of it from the Midwest. And in states like Wisconsin, mines often go uninspected, fines are modest, and some rules have lapsed.One-fifth
That's about how many U.S. malls have a vacancy over 10 percent, a problem number that turns into an all-out "death spiral" by 40 percent. The New York Times has a fascinating look at the way malls die and the strangely beautiful husks that are becoming more common.$100 million
New York City is notorious for expensive real estate, but the market for pricey apartments just got more ridiculous. A penthouse at One57, a luxury high rise, recently sold for a record breaking $100 million dollars. As Quartz reports, the previous record was held by Ekaterina Rybolovleva, the daughter of a Russian fertilizer billionaire, who paid $88 million for an apartment in 2012.
Iran and six world powers wrapped up their latest round of talks in Geneva over Iran's nuclear program. Negotiations resume in February ahead of a self-imposed July 1 deadline for a deal.
John Cruden returns to the department as litigation over the Deepwater Horizon oil spill intensifies. He'll also defend Obama climate change rules and try to protect wildlife while in the post.
Teachers all over the country are finding ways to talk about the legacy of Rev. Martin Luther King Jr. In one Washington, D.C., classroom, the lessons about race come alive.
Ants don't show road rage. In fact, some research shows they rarely get into traffic jams, able to maintain a steady speed even as their numbers swell. Can physics explain it?
The ex-Daily Show correspondent becomes the only black man to host an entertainment show in late night TV. He doesn't plan on centering the show on race: he's aiming at Sunday morning political shows.
Bariatric surgery works for severely obese patients because it shrinks the size of the stomach. But years later, the stomach starts to expand and some patients regain the weight they lost.
People use wearable gadgets and phone apps to monitor their health — everything from calories consumed to medication taken. But all that data doesn't necessarily translate into better health care.
Someone fired multiple gunshots from a vehicle near Vice President Joe Biden's home in Wilmington, Del., Saturday night, according to the U.S. Secret Service.
As a boy in Kenya, Evans Wadongo struggled to do his homework by the light of kerosene and firewood. Now he has designed a solar-charged lamp made of scrap metal for sub-Saharan Africa.
Many of the items in The British Library's vast collection of recorded sound are in danger of disappearing. Some just physically won't last much longer; others are stored in long-dead formats.
After Rolling Stone reported, then hedged on a story of gang rape at a University of Virginia frat house, U.Va. administrators announced new rules for parties for the upcoming year.
This past week, more than 2,000 mental health workers for health care giant Kaiser Permanente went on strike. Organizers say Kaiser's "chronic failure" to provide timely, quality care hurts patients.
A rare exhibit at the Smithsonian's National Museum of the American Indian explores the history of treaties between Native American nations and the U.S.
The group of four senators and two congressional representatives will meet with members of the Cuban government in hopes of enhancing cooperation between the long-time adversaries.
Championships for the NFC and the AFC will be determined today in games pitting the Seahawks against the Green Bay Packers and the Patriots against the Indianapolis Colts.
Rev. Martin Luther King Jr.'s children have feuded bitterly over his legacy for years. They're often criticized, but some believe their desire to tightly control their father's estate is fair.
House Speaker John Boehner, Senate Majority Leader Mitch McConnell and others have rebuffed the president's plan to cut taxes for middle income earners by raising them on the wealthiest Americans.
Leo Varadkar, speaking to Irish radio, also says he supports an upcoming referendum to approve same-sex marriage in the traditionally conservative Catholic country.