Clinton Foundation Said to Be Breached by Russian Hackers

The Bill, Hillary and Chelsea Clinton Foundation was among the organizations breached by suspected Russian hackers in a dragnet of the U.S. political apparatus ahead of the November election, according to three people familiar with the matter.

The attacks on the foundation’s network, as well as those of the Democratic Party and Hillary Clinton’s presidential campaign, compound concerns about her digital security even as the FBI continues to investigate her use of a personal e-mail server while she was secretary of state.

Clinton Foundation officials said the organization hadn’t been notified of the breach and declined to comment further. The compromise of the foundation’s computers was first identified by government investigators as recently as last week, the people familiar with the matter said. Agents monitor servers used by hackers to communicate with their targets, giving them a back channel view of attacks, often even before the victims detect them. Continue reading

Cyber Attacks on U.S. Banks Expose Computer Vulnerability

Cyber attacks on the biggest U.S. banks, including JPMorgan Chase & Co. (JPM) and Wells Fargo & Co., have breached some of the nation’s most advanced computer defenses and exposed the vulnerability of its infrastructure, said cybersecurity specialists tracking the assaults.

The attack, which a U.S. official yesterday said was waged by a still-unidentified group outside the country, flooded bank websites with traffic, rendering them unavailable to consumers and disrupting transactions for hours at a time.

While the group is using a method known as distributed denial-of-service, or DDoS, to overwhelm financial-industry websites with traffic from hijacked computers, the attacks have taken control of commercial servers that have much more power, according to the specialists.

“The notable thing is the volume and the scale of the traffic that’s been directed at these sites, and that’s very rare,” Dmitri Alperovitch, co-founder and chief technology officer of Palo Alto, California-based security firm CrowdStrike Inc. (0192981D), said in a phone interview.

Full article: Cyber Attacks on U.S. Banks Expose Computer Vulnerability (Bloomberg Businessweek)