UK telecom companies face big fines under new security law

British telecom companies face hefty fines if they don’t comply with strict new security rules under a new law proposed to Parliament on Tuesday

LONDON — Telecom companies in Britain face hefty fines if they don’t comply with strict new security rules under a new law proposed in Parliament on Tuesday that is aimed at blocking high-risk equipment suppliers like China’s Huawei.

The Telecommunications (Security) Bill tightens security requirements for new high speed 5G wireless and fiber optic networks, with the threat of fines of up to either 10% of sales or 100,000 pounds ($134,000) a day for companies that don’t follow the rules.

The draft law paves the way for the U.K. government to formalize Prime Minister Boris Johnson’s decision in July prohibiting Huawei from building Britain’s

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Hackers could steal a Tesla Model X in minutes, security researchers say

It was the latest security experiment from the COSIC group at the University of Leuven in Belgium, which had previously found a similar vulnerability with Tesla’s Model S luxury sedan, where a key fob was also to blame.

The researchers said they were able to break into the SUV, which starts at $80,000, using a few hundred dollars’ worth of equipment.

Researchers noted that process took about 90 seconds.

The researchers, who informed the company of their findings on Aug. 17, said Tesla is rolling out an update intended to address the issue. An over-the-air software update is being pushed to the key fobs, they said, which will better lock them down.

Wired was first to report on the vulnerability. Tesla did not respond to a request for comment.

Lennert Wouters, a PhD student at the COSIC research group, said in an email that the problem is not necessarily unique

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State Department Facing ‘Significant’ Information Security Issues, OIG Says

The State Department faces persistent challenges related to information security and management, according to a recently published inspector general report. 

The Inspector General for the State Department, in its annual management and performance audit released last week, concluded the agency has taken steps to improve information security. But outstanding weaknesses left the department vulnerable to cyberattacks and threats. Information security and management was one of seven major issues the IG examined in the report.  

“The department acknowledges that its information systems and networks are subject to serious threats that can exploit and compromise sensitive information, and it has taken some steps to address these concerns,” the report reads. “However, notwithstanding the expenditure of substantial resources by the department, OIG continues to identify significant issues that put department information at risk.”  

OIG first reported “pervasive concerns” related to Information Systems Security Officer, or ISSO, activities in 2017, according to the audit,

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European Aviation Security Market Booming By Size, Revenue And Trend In 2020 Scrutinized In New Research

The MarketWatch News Department was not involved in the creation of this content.

Nov 22, 2020 (AmericaNewsHour) —
Following ISIS terror attacks in Brussels and Istanbul airports, one cannot underestimate the importance of an effective European airport security environment and its effect on the aviation security market. Attacks, which were made possible by the airport security loopholes, will need to be addressed and new modes of operations will need to be adopted.
European airport security markets are going through major shifts. Markets once dominated by the U.S. are now moving to Europe and other regions’ airports.

New and maturing airport security services and technologies such as automated border control kiosks, cargo screening, cybersecurity, airport perimeter security systems and advanced ICT technologies, create new market niches and fresh business opportunities. 
The European aviation security market is forecasted to make a robust comeback, generating a 2016-2022 CAGR of 8.8%.

According to the

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Saudi Arabia Homeland Security And Public Safety Market Booming By Size, Revenue And Trend In 2020 Scrutinized In New Research

The MarketWatch News Department was not involved in the creation of this content.

Nov 22, 2020 (AmericaNewsHour) —
The turmoil in the Arab world, the ongoing conflicts in Iraq, Syria and Yemen, and the Iranian driven Sunni-Shi’ah divide in the Kingdom, are forcing the ruling royal family of Saudi Arabia to face critical junctures. Saudi Arabia government, which has at its disposal $610B of petrodollars reserves, spends “whatever it takes” to secure the country’s stability and defeat any internal or external regime change threats. This policy places Saudi Arabia as the global leader in Homeland Security & Public Safety market size per capital.

Saudi Arabia plans to procure during 2017-2020 as much as $90B of Homeland Security & Public Safety related products and services. This huge market will create a highly profitable business environment for state-of-the-art security products and service providers.

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Middle East And Africa Airport Security Market Booming By Size, Revenue And Trend In 2020 Scrutinized In New Research

The MarketWatch News Department was not involved in the creation of this content.

Nov 22, 2020 (AmericaNewsHour) —
With the recent wave of ISIS suicide attacks in the Middle East and Africa (MEA), one cannot underestimate the importance of effective airport security in the region.

The Middle East and Africa airport security technologies, industry & markets are going through major shifts. New and maturing sectors and technologies such as Standoff People & Vehicle-borne IED Detection, Cargo Screening, Cybersecurity, Airport Perimeter Security Systems, Automated Border Control Kiosks, and Advanced ICT Technologies create new market niches and fresh business opportunities.

According to the report, the Middle East & Africa market growth is boosted by the following drivers:
The recent wave of ISIS terror attacks across the Middle East and Africa
The region’s air passenger volume growth, especially in Turkey and the Gulf States
Advancements in security infrastructure and screening technologies
The high

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US and Taiwan sign five-year agreement on health, tech and security

Taiwan and the United States have held their first high-level meetings under a new economic dialogue, inking a five-year agreement and pledging future cooperation on health, tech, and security.

The talks, held amid a contentious US presidential transition period and high regional tensions with China, did not advance Taiwan’s hopes for a trade deal with US, despite the two countries growing closer under Donald Trump and his pushback on Beijing.

They were led by Taiwan’s deputy minister of economic affairs, Chen Chern-chyi, and US undersecretary of state, Keith Krach, with the stated aim of building on historic ties and “shared democratic values”, and senior government officials met for the first time on Friday, signing an five-year memorandum of understanding.



U.S Under Secretary for Economic Growth, Energy, and the Environment, Keith Krach looks on during a meeting in Brasilia, Brazil November 11, 2020. REUTERS/Adriano Machado


© Thomson Reuters
U.S Under Secretary for Economic Growth, Energy, and the Environment, Keith Krach looks on during a meeting in Brasilia, Brazil November 11, 2020. REUTERS/Adriano Machado

The parties established

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Industrial Control Systems Security Market Major Technology Performance and Market Share Analysis with 2026 by Reports And Data

The MarketWatch News Department was not involved in the creation of this content.

Nov 20, 2020 (Market Insight Reports) —
The Industrial Control Systems Security market is expected to grow from USD 12.7 billion in 2018 to USD 19.3 billion by 2026, at a CAGR of 6.5% during the forecast period. Increasing adaption of forth industrial revolution, which includes, cyber-physical systems, the Internet of things, cloud computing and cognitive computing, integration of information technology and operational technology, increasing concerns regarding cyber threats, such as Dugu, Ransomware and Flame, growth of deployment of industrial control systems, increasing demand for cloud based SCADA/HMI/DCS solutions, adoption of smart grid technology, a 2-way digital communication used to supply electricity to the consumers, increasing demand for big data analytics security and collaborations between ICS security and cyber insurance vendors are some of the driving factors of the market.

This is the only report that is

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Artificial intelligence could be used to hack connected cars, drones warn security experts

Cyber criminals could exploit emerging technologies including artificial intelligence and machine learning to help conduct attacks against autonomous cars, drones and Internet of Things-connected vehicles, according to a report from the United Nations, Europol and cybersecurity company Trend Micro.

While AI and machine learning can bring “enormous benefits” to society, the same technologies can also bring a range of threats that can enhance current forms of crime or even lead to the evolution of new malicious activity.

“As AI applications start to make a major real-world impact, it’s becoming clear that this will be a fundamental technology for our future,” said Irakli Beridze, head of the Centre for AI and Robotics at the United Nations Interregional Crime and Justice Research Institute. “However, just as the benefits to society of AI are very real, so is the threat of malicious use,” he added.

SEE: Cybersecurity: Let’s get tactical (ZDNet/TechRepublic special feature)

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Go SMS Pro security vulnerability exposes private files of millions of users

A photo of a text messaging app
  • The Go SMS Pro app exposes private photos, videos, and other files of millions of users.
  • Security researchers found the flaw back in August.
  • The app maker has not yet responded to the findings or taken any steps to fix it.

When it comes to third-party messaging apps for Android, Go SMS Pro is one of the most popular ones out there. It has over 100 million installs as per its Google Play Store listing and markets itself as the number one platform to replace Android’s stock messaging app. Unfortunately for its users, security researchers have discovered a major security flaw in the app.

TechCrunch has published a report based on research conducted by Trustwave, revealing that millions of Go SMS Pro users are vulnerable to file theft.

The app allows users to share photos, videos, and other files in the form of a web address so that those who

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