Top bankers need to take cyber threat seriously: BoE

By Matt Scuffham and William Schomberg LONDON (Reuters) – Top British bankers and other senior executives in the financial services industry are not taking the risk of cyber attacks seriously enough, financial policymakers at the Bank of England say. Cyber crime costs the global economy $445 billion a year and the bill is rising, according to the Center for Strategic and International Studies

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Sony hack puts Japan’s Abe in bind over North Korea abductee talks

By Linda Sieg TOKYO (Reuters) – U.S. accusations that North Korea was behind the cyberattack on Sony Pictures could force Japan to choose between backing its ally Washington and keeping talks on track with Pyongyang about Japanese citizens abducted decades ago. Washington is weighing how to punish North Korea after the FBI concluded Pyongyang was responsible, including possibly returning North Korea to the U.S.

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South Korea prosecutors investigate data leak at nuclear power plants

By Sohee Kim and Meeyoung Cho SEOUL (Reuters) – Seoul prosecutors have launched an investigation into a leak of non-critical data at South Korea’s nuclear power operator, the prosecutors’ office said on Sunday, as worries mount about nuclear safety and potential cyberattacks from North Korea.

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U.S. says consulting UK, Australia, New Zealand on North Korea hack response

By Julia Edwards Honolulu (Reuters) – The Obama administration is consulting the UK, Australia and New Zealand, among other countries in hopes of organizing an international response to the cyberattack on Sony Pictures that it has pinned on North Korea, an administration official told Reuters on Saturday. The U.S

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Sony Pictures CEO says had no choice but to pull ‘The Interview’

LOS ANGELES (Reuters) – Describing the lonely work of leading a company through a devastating cyberattack, Sony Pictures Entertainment chief executive Michael Lynton on Friday said the Hollywood studio did not make a mistake in pulling satirical film “The Interview.” Lynton, speaking in a lengthy interview with CNN’s Fareed Zakaria, was responding to comments made by President Barack Obama that the studio erred in shelving the film after cinemas refused to show it following unspecified threats from hackers. …

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Sony trying to find alternatives to release ‘The Interview’

By Mary Milliken LOS ANGELES (Reuters) – Sony Pictures said on Friday it is looking for alternatives to release “The Interview” after it scrapped the Christmas Day theatrical opening of the screwball comedy at the center of a cyber attack on the studio blamed on North Korea. After a rare public shaming of a corporation by President Barack Obama, who said Sony Pictures made a mistake in pulling the film and bowing to intimidation, chief executive Michael Lynton told CNN he hoped that the public would see the film but no other platform had shown interest.

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