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Cyber Daily: Security in Space | Text Messages Are Poor Authentication Tools

By Kim S. Nash

 

Good day. The satellite and defense sectors are working on ways to keep hackers out of space systems. 

Germany’s security guidance for satellites would be a good model for broader cyber standards for the entire space industry as it grows and introduces commercial software, according to European satellite experts and the German government. 

“No one nation can do this on their own because everything is super interconnected when you go to space,” says Erin Miller, executive director of the Space ISAC. Reporter Catherine Stupp has more. 

Also today: 

  • Text messages, once a bulwark of security, now seen as vulnerable
  • Data company sues FTC
  • Cyber vendors changing hands, going private, growing fast
 
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CONTENT FROM OUR SPONSOR: Netscout

White House Issues Cybersecurity Statement. Now What?

Local exploits can quickly become global attacks. As uncertainty around Ukraine amplifies the need for secure digital infrastructure, learn how you can ensure complete, incorruptible visibility.

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Cyberattacks

PHOTO: ISOPIX/ZUMA PRESS

Don’t rely on SMS alone for authentication, cyber experts warn. A cyberattack on Twilio and a rise in hacks using text messages show the technology’s flaws. The two-factor authentication process adds protection to systems by requiring users to verify their identity through more than just a password. Often, this takes the form of a verification code sent by text message—or SMS—or voice calls, but these systems are becoming increasingly out of date.

Related: Signal, a Favorite App for Privacy Buffs, Says a Phishing Attack Compromised 1,900 Users

 

Privacy & Surveillance

Idaho Company Sues FTC, Claiming Agency Threatened Suit Over Its Tracking Data

Sandpoint, Idaho-based Kochava Inc., in a lawsuit against the Federal Trade Commission, says the agency is wrongly threatening to sue it for marketing geolocation data that might be used to track consumer visits to sensitive locations such as abortion clinics. The FTC didn’t immediately respond to requests for comment. (WSJ)

Lawmakers Seek Details on Data Purchases by Federal Agencies

Members of the House Judiciary and Homeland Security committees requested seven federal agencies release information about their purchase and use of data about U.S. residents. A letter sent Tuesday, cites a July hearing in which witnesses said law enforcement bought information from data brokers, sometimes to use in operations related to immigration and narcotics investigations. 

 
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Cybersecurity Providers

PHOTO: BRENDAN MCDERMID

/REUTERS

SailPoint Technologies Holdings Inc. said its $6.9 billion sale to investor Thoma Bravo is complete. SailPoint provides identity-management tools and went public in 2017. The company intends to become the standard for enterprise identity management, Chief Executive Mark McClain said in a blog post Tuesday. “The flexibility and agility that the private markets provide will help us achieve this mission faster,” he said. 

  • Investment firm KKR & Co. said it completed its acquisition of cybersecurity company Barracuda Networks Inc. KKR bought Barracuda from Thoma Bravo. Financial details weren’t disclosed. Barracuda went private in a $1.6 billion sale to Thoma Bravo in 2018. 
  • Seventy-nine security firms are among Inc. magazine’s 5,000 fastest-growing companies. 
 

About Us

Write to the WSJ Pro Cybersecurity Team: Kim S. Nash, James Rundle, Catherine Stupp and David Uberti.

Follow us on Twitter: @knash99, @catstupp and @DavidUberti. 

Contact Enterprise Technology Editor Steve Rosenbush at steven.rosenbush@wsj.com or follow him on Twitter: @Steve_Rosenbush.

 
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