Top U.K. Cyber Cop: Russian Hackers Are Our Biggest Threat

By Amir Mizroch

The biggest cyber security threat facing the U.K. and Europe is from Russian hackers, a top Britishcyber official has said.

Full article at: http://blogs.wsj.com/digits/2014/06/30/top-u-k-cyber-cop-russian-hackers-are-our-biggest-threat/

Why senior leaders are the front line against cyberattacks

by Tucker Bailey, James Kaplan, and Chris Rezek

All companies are aware of the growing risk of cyberattacks, yet few are taking the steps necessary to protect critical information. The key? Senior managers need to lead.

Full article at: http://www.mckinsey.com/insights/business_technology/Why_senior_leaders_are_the_front_line_against_cyberattacks

Flaw found in PayPal two-step security

By Hannah Kuchler and Sarah Mishkin in San Francisco

Researchers have discovered a hole in an extra security measure used by PayPal, the eBay-owned payments company, to protect customers’ online accounts.

Copyright The Financial Times Limited 2014. 

Full article athttp://www.ft.com/cms/s/0/d70b9cac-fc83-11e3-98b8-00144feab7de.html

‘Private internet’ FireChat app grows in popularity in Iraq

By Hannah Kuchler in San Francisco and Simeon Kerr in Baghdad

A new chat app designed for use on planes and trains is soaring in popularity in Iraq, as users embrace a “private internet” where they can message each other without fear of the government shutting down access to the web.

Copyright The Financial Times Limited 2014.

Full article at: http://www.ft.com/cms/s/0/ef9602b0-f807-11e3-90fa-00144feabdc0.html

As widely expected, Taiwan says no to Chinese technology. And rightly so!

Hon Hai Won’t Use Huawei Gear in Mobile Network

Plan Dropped After Taiwanese Authorities Raise Security Concerns

By Aries Poon And Juro Osawa

July 3, 2014 11:07 a.m. ET

Hon Hai Precision Industry Co. 2317.TW +0.97% has dropped its plan to use Huawei Technologies Co.’s gear in a mobile network it is building, after Taiwanese regulators raised security concerns about equipment from mainland China.

 Read the full article:

http://online.wsj.com/articles/hon-hai-wont-use-huawei-gear-in-mobile-network-1404400033

Berlin drops Verizon over US spying fears

By Jeevan Vasagar

Berlin has terminated a contract with Verizon over concerns about the security of its systems in the first sign of serious commercial repercussions in Europe from the Snowden revelations of mass US government spying on its allies.

Copyright The Financial Times Limited 2014.

Full article: http://www.ft.com/cms/s/0/93f6b66e-fd4f-11e3-96a9-00144feab7de.html