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A leaked draft of an encryption bill proposed by Senate Intelligence Committee leaders Sens. Diane Feinstein and Richard Burr has been heavily criticized by experts for its technical flaws, contradictions, and potentially dangerous effects.

Hackers breached the systems of Panama-based law firm Mossack Fonseca and leaked a large number of documents that appear to show how politicians, businessmen and other public figures from across the world used offshore companies to hide their income and avoid paying taxes.

It has become customary for tech vendors to self-categorize their solutions as “next-gen” in the hope that customers used to buying the “last-gen” can be persuaded to upgrade. They try to muscle analyst firms like Gartner into recommending “next-gen” so they can cast market leaders into the bin of history.

Cisco published six new security advisories this week, with four rated as 'high impact' and two as 'critical impact'. Released on Wednesday, in the order of publication, they are:

Ask any chief information security officer (CISO) what worries him most about cloud migration and he is likely to reply, 'visibility'. When data goes into the cloud, visibility into the data is usually lost; and what you cannot see, you cannot control. This visibility issue explains the two biggest concerns about cloud: security and compliance. 

Mumblehard, a botnet comprised of servers running Linux and FreeBSD operating systems, was taken down on February 29, 2016, as part of a cooperation between ESET, the Cyber Police of Ukraine, and CyS Centrum LLC.

"Cyber AIR" Act Would Direct FAA to Establish Cybersecurity Standards for AircraftSenator Edward Markey (D-Mass.), Thursday, introduced a proposed new Cyber AIR Act as amendments to the FAA Reauthorization Bill currently being debated by the Senate. His bill follows his own investigation into the security practices of airlines and aircraft manufacturers.

Researchers have gained access to a command and control (C&C) panel of the Dridex banking malware, which has allowed them to determine how much information has been stolen by cybercriminals and how much money they might be making.

While it has been roughly two months since it was first spotted, the Locky ransomware has become a global threat, targeting users in 114 countries. While the threat has infected systems around the world, a heavy concentration of attacks have registered in Germany and France, Kaspersky Lab says.

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Application Security

OSS Scanner sends unreviewed, model-generated vulnerability reports to open source maintainers that opt in.

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Artificial Intelligence

Microsoft fixed vulnerabilities across Azure and AI-branded products, with privilege escalation flaws accounting for the majority.

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