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Feds Open Probe Into Bitcoin Price Manipulation: Report
May 25, 2018
The DoJ and the CFTC have opened a joint criminal investigation into price manipulation of bitcoin and other cryptocurrencies, according to a report. The illicit tactics reportedly being investigated include spoofing and wash trading. Bitcoin's share prices have been fluctuating wildly over the past year, ranging from $1,800 to almost $20,000, leading to rumors of price manipulation.
FBI Declaws Russian Fancy Bear Botnet
May 25, 2018
The FBI has disrupted a network of half a million routers compromised by the group of Russian hackers believed to have penetrated the DNC and the Hillary Clinton campaign during the 2016 elections, according to reports. The hacker group, known as "Fancy Bear," has been using a malware program called "VPN Filter" to compromise home and small office routers.
Highly Sensitive Encrypted Email at Risk of Exposure
May 15, 2018
A newfound flaw in email clients that use PGP and S/MIME to encrypt messages can be exploited to expose the plain text of the missives, according to a new paper. By injecting malicious snippets of text into encrypted messages, attackers can use the flaw to make the email client exfiltrate decrypted copies of the emails, explained the authors, a team of researchers from three European universities.
Circadence VP Keenan Skelly: Changing the Cybersecurity Paradigm
May 9, 2018
"It's only a few times in the history of the U.S. and in specific domains do you have the opportunity to make decisions and have a lasting effect on that domain," said Circadence VP Keenan Skelly. "In terms of information cybersecurity, we're right in the middle of it right now. We're just figuring out what global norms should be."
Researchers Create Hack to Unlock Millions of Hotel Room Doors
April 26, 2018
A flaw in certain electronic hotel door locks could allow hackers to access guest rooms and other secure locations at millions of properties around the world, F-Secure researchers have discovered. Software updates were issued to fix the flaw in the smart locks after F-Secure notified and worked with the manufacturer over the past year. The researchers had found a way to make a master key.
Google Puts a Lid on Mysterious 'Self-Spamming'
April 24, 2018
Users of Google's Gmail have been receiving spam that appears to have been sent from their own accounts. Google said it was aware of a spam campaign impacting a "small subset of Gmail users" and was taking measures to protect against it. The attackers used forged email headers to make it appear that users were sending emails to themselves, which led to those emails appearing in their sent folders.
No Cure for Cyber Insecurity?
April 6, 2018
An alarming number of major U.S. retailers, industrial firms, government agencies and other organizations have been hit in a recent wave of cyberbreaches that may signal increasing vulnerability for consumers and businesses alike. The attacks have exposed millions of consumer payment cards to fraud. Cyberthieves have used a variety of methods to infiltrate corporate computer systems.
Atlanta Works to Break Ransomware Hold
March 30, 2018
Nearly a week after it became the target of one of the largest ransomware attacks to date, the City of Atlanta has made progress toward recovery, but it is still far from business as usual. Hackers encrypted many of the city government's vital data and computer systems. Mayor Keisha Lance Bottoms characterized the ransomware attack as "a hostage situation."
US Charges 9 Iranians in Massive Academic Research Theft
March 27, 2018
The DoJ has charged nine Iranian nationals for engaging in a massive phishing campaign on behalf of the Iranian Revolutionary Guard. The allegations include the theft of $3.4 billion in research and intellectual property from 320 colleges and universities in the U.S. and abroad, as well as from 47 foreign and domestic companies, plus several federal agencies, state governments, and the UN.
Researcher Cracks 'Hacker-Proof' Crypto Wallet
March 22, 2018
A virtual currency hardware wallet with millions of users has been compromised. Saleem Rashid explained how he cracked the firmware on the wallet produced by Ledger using what's known as a "supply chain" attack. That means a targeted device is compromised before any users get their hands on it. The attack on Ledger's $100 Nano S wallet creates a backdoor on the device.
Russians Pose as Americans to Steal Data on Social Media
March 8, 2018
Americans have been targeted on social media by Russian agents on a mission to harvest personal information. The agents pretended to work for organizations promoting African-American businesses as a ruse to obtain personal information from black business owners during the 2016 presidential election campaign. Using names like "BlackMattersUS," the agents set up hundreds of social media accounts.
Fileless Malware: Why You Should Care
March 2, 2018
It's a truism that just like organizations adapt, so too do criminals. Anyone who has ever seen a Wells Fargo commercial knows that there was a time when stagecoaches were a normative method for transporting cash and valuables. But what modern criminals in their right mind would attempt robbing a Brink's truck on horseback? That strategy might have worked well in the days of the Pony Express.
5 Effective Ways SMB Etailers Can Battle Fraud
February 26, 2018
Fraud is a major concern for 72 percent of businesses, according to Experian's Global Fraud and Identity Report. More than 5,500 consumers and 500 business executives in 11 markets around the world participated in the survey. The situation has not been improving, as six out of 10 businesses experienced the same losses to fraud as they did a year ago -- or more.
AI's Malicious Potential Front and Center in New Report
February 22, 2018
As beneficial as AI can be, it has its dark side, too. That dark side is the focus of a new 100-page report. AI will be used by threat actors to expand the scale and efficiency of their attacks, it predicts. They will employ it to compromise physical systems and to broaden their privacy invasion and social manipulation capabilities. Novel attacks are to be expected.
Don't Pay the Hackers
January 30, 2018
If you follow security news, you may have noticed a disturbing trend. Last year, we learned that Uber paid attackers $100,000 to keep under wraps their stealth of the personal information of 50 million Uber riders. More recently, we learned that Hancock Health paid approximately $55,000 in bitcoin to bring hospital systems back online. The payment of ransoms could be more common than it appears.
5 Ways Etailers Can Fight Chargeback Fraud
December 26, 2017
This holiday selling season may have been a good one for retailers, but every silver lining has a cloud. One shadow will be cast by chargeback fraud, which can occur when shoppers make purchases with a credit card and then request chargebacks from the issuing bank instead of from the merchant. "Merchants bleed $227 for every dollar lost to e-commerce fraud," said NuData's Robert Capps.
The Return of Industrial Espionage and the Building New Wave of Scandals
December 4, 2017
As powerful men drop like flies due to their inability to resist abusing their authority, it's clear that the problem is widespread. Similarly, it's likely that we'll find the problem of alleged industrial espionage is not limited to Uber. You see, when people misuse authority -- and the sexual harassment problem is a massive misuse of authority -- folks typically don't just misuse it in one area.
BlackBerry: The Most Important Mobile Company of the Future?
November 20, 2017
If you are like many, when you saw this headline you likely were surprised BlackBerry was still around. As BlackBerry phones left the market, the company fell out of sight. However, behind the scenes it has been moving into industries like automotive. Also, it remains the leading vendor providing mobile security to our politicians, military personnel and major corporations.
WPA2 Flaw Could Blow WiFi Systems Wide Open
October 17, 2017
A security flaw in WPA2, the security protocol for most modern WiFi systems, could allow an attacker to steal sensitive data including emails, credit card numbers and passwords, Researchers at Belgian university KU Leuven reported Monday. Depending on the network configuration, the flaw also could allow an attacker to inject or manipulate information in the system.
Malware Embedded in CCleaner Tool Puts Millions at Risk
September 19, 2017
Malicious code has been discovered in two versions of Piniform's CCleaner housekeeping utility, the company disclosed on Monday. Piniform is owned by Avast, whose security products are used by more than 400 million people. The malware infecting CCleaner could give hackers control over the devices of more than 2 million users. CCleaner is designed to rid computers and mobile phones of junk.
FTC Confirms Probe Into Equifax Data Breach
September 15, 2017
In a rare move, the U.S. Federal Trade Commission on Thursday confirmed that it has opened an investigation into the data breach at Equifax that compromised the sensitive personal information of 143 million U.S. consumers. The FTC announcement came less than a week after Equifax revealed that an unknown party had gained access to names, addresses, Social Security Numbers and other data belonging to nearly half the U.S. population.
Credit Agency Equifax Cracked, 143 Million Consumers Exposed
September 8, 2017
Consumer credit reporting agency Equifax suffered a major criminal data breach that exposed personal information of as many as 143 million consumers in the U.S. between mid-May and July of this year. The attack exposed a range of sensitive personal data, including names, addresses, Social Security Numbers, dates of birth, and in some cases driver's license numbers, Equifax said.
Global Cyberattack on Energy Sector Stokes Deep Fears
September 7, 2017
The hacker group known as "Dragonfly" is behind sophisticated wave of recent cyberattacks on the energy sectors of Europe and North America, Symantec reported. The attacks could provide the group with the means to severely disrupt energy operations on both continents. Dragonfly launched a simililar campaign from 2011 to 2014, but it entered a quiet period in 2014 after its activities were exposed.
Cyberthieves Train Their Sights on US Mobile Phone Customers
August 29, 2017
A relatively new form of cybercrime recently has been plaguing American consumers. Thieves have been hijacking mobile phone account numbers and then transferring services to a different device. Further, hackers have begun using mobile numbers to raid digital wallets and similar accounts. This type of theft has been successful even against the most sophisticated of consumers.
The War Room: Experiential Security Planning
August 16, 2017
Ask any security practitioner about ransomware nowadays, and chances are good you'll get an earful. Recent outbreaks like Petya and WannaCry have left organizations around the world reeling, and statistics show that ransomware is on the rise. For example, 62 percent of participants surveyed for ISACA's recent "Global State of Cybersecurity" survey experienced a ransomware attack in 2016.
WannaCry Hero Arrested on Kronos Malware Charges
August 5, 2017
In a stunning twist, U.S. authorities have arrested a British cyber-researcher credited with stopping the spread of the WannaCry ransomware virus on charges he helped develop and deploy the Kronos banking trojan that attacked financial institutions around the world in 2014. A federal grand jury in Wisconsin last month handed down a six-count indictment against Marcus Hutchins, a citizen of the UK.
HBO Cyberattack Driven By Mysterious Motives
August 3, 2017
HBO on Wednesday admitted that it had been targeted by a cyberattack, confirming an anonymous email the alleged hackers distributed to media outlets last weekend. Among the content that may have been compromised were upcoming episodes of the series Ballers, Barry and Room 104, along with script outlines of the channel's hit show Games of Thrones.
Russian Head of $4B Bitcoin Exchange Charged in Massive Money Laundering Scheme
July 28, 2017
A grand jury in the Northern District of California indicted a Russian man for running a massive money laundering operation through the BTC-e bitcoin exchange, a group of federal officials announced Wednesday. The exchange allegedly received up to $4 billion in proceeds from various criminal activities, including the 2014 hack of the Mt. Gox bitcoin exchange.
Petya's Ransomware Cloaking Device
July 11, 2017
Recent ransomware threats have escalated into a global crisis, and cybersecurity experts and government authorities have redoubled their investigative efforts. Of grave concern is the possibility that the recent Petya attack had more sinister motives than typical ransomware operations, and that state actors were involved behind the scenes. The Petya attack actually used ransomware as a cover.
IoT Fuels Growth of Linux Malware
July 5, 2017
Malware targeting Linux systems is growing, largely due to a proliferation of devices created to connect to the Internet of Things. That is one of the findings in a report WatchGuard Technologies released last week. The report, which analyzes data gathered from more than 26,000 appliances worldwide, found three Linux malware programs in the top 10 for the first quarter of the year.
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What might persuade you to try using cryptocurrency as a payment method?
If I understood it better;
If more mainstream companies accepted it;
If its valuation were more stable;
If its use weren't associated with criminal activities;
Nothing -- I will never use cryptocurrency.
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