China denies cyberattacks on U.S. power grid Malware attacks from China and Russia designed to shut down the U.S. electrical grid in a time of war did not occur, China said Thursday. How serious is threat to power grid? Depends who you ask. Expert opinion differs widely over a report that the U.S. electric power-grid has been compromised by cyberspies, perhaps from Russia and China, who have installed malware so they can disrupt industrial control systems for electricity distribution in the event of a conflict. Conficker cashes in, installs spam bots and scareware The makers of Conficker, the worm that has infected millions of PCs, have begun to do what all botnet owners do -- make money -- security researchers said Thursday as they started analyzing the malware's newest variant. What I'll be looking for in cybersecurity report The big talk in Washington's cybersecurity world is Melissa Hathaway's magical 60-day review, which is supposed to recommend how U.S. government cybersecurity efforts should be pursued. The technical press and lobbyists are all abuzz over whether or not there will be a cybersecurity coordinator who reports to the president. In certain circles, this is even more gossiped about than what Michelle Obama is wearing, but frankly the discussion is even less useful.
Plus: Yet another government attempt at cybersecurity Pentagon paid $100 million for six months of cyber defense Protecting defense department networks cost taxpayers more than $100 million over the past six months, U.S. Strategic Command officials said yesterday. "Pay me now or pay me later. "In the last six months, we spent more than $100 million reacting to things on our networks after the fact. It would be nice to spend that money proactively to put things in place so we'd be more active and proactive rather than cleaning up after the fact," one general said. After attacks, Excel update due from Microsoft Corporate IT staffers will get a double whammy next week, as both Microsoft and Oracle are set to release critical security updates on the same day, including a likely fix for an Excel bug that has been used by cybercriminals. A Lesson in Compliance from the Chemical Industry In many ways, the role of the CSO is directly tied to business profitability. By creating and enforcing policies that protect human, physical and intellectual assets, the CSO ensures the very integrity of the organization. This link to the bottom line, though, is about to become much stronger--and quite possibly much sooner than anticipated. The state of spam 2009, Part 1 Spam - not SPAM the luncheon meat (and you have GOT to visit the official SPAM Web site, which plays like a parody the Monty Python crew might have dreamed up) - is a dreadful nuisance, with estimates that 95% of all e-mail in the world now consists of rubbish. Periodically I look into the state of the spam to see how the war is going. April giveaways galore
Cisco Subnet and Microsoft Subnet are giving away training courses from Global Knowledge, valued at $2,995 and $3,495, and have copies of three hot books up for grabs: CCVP CIPT2 Quick Reference by Anthony Sequeira, Microsoft Voice Unified Communications by Joe Schurman and Microsoft Office 2007 On Demand by Steve Johnson. Deadline for entries April 30. Network World on Twitter Get our tweets and stay plugged in to networking news. | 
A look at the top 10 iPhone apps that could get you into trouble.
A detailed account of how much tech chiefs made in 2008.
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