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Cybercriminals Score Billions in Cryptocurrency Thefts
May 21, 2019
Is anyone surprised to learn that in just the first quarter of 2019 more than $1.2 billion worth of cryptocurrency was stolen? Probably not. This story follows the old line from bank robber Willie Sutton who is credited with saying that he robbed banks "because that's where the money is." So not much has changed. Cryptocurrencies are not exactly money, though, even if they do have a market value.
Software Bug Gives Spyware Free Rein With a Single WhatsApp Call
May 15, 2019
Many users of Facebook's WhatsApp messaging software are scrambling to patch the program in response to news of a flaw that allowed spyware to be installed on mobile phones running Android and iOS. "This new type of attack is deeply worrying and shows how even the most trusted mobile apps and platforms can be vulnerable," said Mike Campin, vice president of engineering at Wandera.
Baltimore Held Hostage in 2nd Ransomware Attack
May 10, 2019
Baltimore officials have admitted that the city government once again has been victimized by ransomware -- the second such attack in just over a year. City computers reportedly were infected with the RobinHood ransomware virus. Hackers told city officials that they would unlock the computers in return for payment of three bitcoins per system, or 13 bitcoins for the entire system.
Spring Cleaning Your Network Security
May 7, 2019
Spring may be my favorite time of year. The snow is melting, the sun is shining, and the air smells just a little bit fresher. It's as though the world is setting an example for the rest of us, letting us know that it's time to start fresh. It's time for spring cleaning -- and in the security world, spring cleaning means more than just wiping down countertops and lighting a few scented candles.
AI Raises the Bar for Home Network Security
May 2, 2019
Consumers are becoming increasingly concerned about the hacking of their devices and data as they hear about more data breaches and have their own experiences with issues such as ransomware, identity theft and botnet attacks. Concerns about data security also have been shown to increase with ownership of more connected devices. Currently, U.S. broadband households own an average of 10.4 connected devices.
Phishers Bait Hooks for Netflix, Amex Users
March 22, 2019
Cybersecurity experts at Microsoft's Windows Defender Security Intelligence Team this week reported their discovery of two new email-based phishing campaigns. One targets Amex users while the other targets Netflix customers. Both campaigns reportedly are very well-crafted, featuring legitimate logos and even fill-in forms that closely mimic those on the respective company's own websites.
B0r0nt0K Ransomware Threatens Linux Servers
February 27, 2019
A new cryptovirus called "B0r0nt0K" has been putting Linux and possibly Windows Web servers at risk of encrypting all of the infected domain's files. The new ransomware threat and the ransom of 20 bitcoins -- about $75,000 -- first came to light last week in a forum post. A client's website had all its files encrypted and renamed with the .rontok extension appended to them, the forum user indicated.
E-Ticketing Flaw Exposes Airline Passenger Data to Hackers
February 7, 2019
The e-ticketing systems of eight airlines, including Southwest Airlines and Dutch carrier KLM, have a vulnerability that can expose passengers' personal data, mobile security vendor Wandera has reported. They use unencrypted links that hackers can intercept easily. The hackers then can view and, in some cases, even change the victim's flight booking details, or print their boarding passes.
Crypto Support in Samsung Galaxy S10 Could Fall Flat
January 30, 2019
The Samsung Galaxy S10, scheduled for launch on Feb. 20, likely will incorporate a cryptocurrency wallet. "Samsung has a long history of throwing everything it can think of, technology-wise, into its flagship Galaxy S series smartphones," remarked Ken Hyers, research director at Strategy Analytics. Most users aren't fully aware of their Galaxy S phone capabilities, he noted.
The Biggest Cybercrime Threats of 2019
January 11, 2019
A new year means a fresh start, but it doesn't mean that old threats will go away. In fact, in the world of cybersecurity things could get far worse before they get better. Cybercrime continues to increase, as it allows nefarious actors to operate at a safe distance from victims -- and more importantly, law enforcement. Cybercrime often doesn't get the same attention as other types of crimes.
The Economics of E-Commerce Chargeback Fraud
January 2, 2019
E-commerce fraud is an ongoing problem for online merchants and credit card companies. It has been growing at twice the rate of e-commerce sales. Identity theft traditionally has been one of the most common sources of e-commerce fraud, but online merchants increasingly have been suffering more from chargeback fraud, which requires them to absorb the costs of disputed credit card transactions.
Quora Looks for Answers in Wake of Massive Data Breach
December 5, 2018
The personal data of some 100 million people who have used Quora, a popular question and answer website, has been compromised, the company disclosed. "We recently discovered that some user data was compromised as a result of unauthorized access to one of our systems by a malicious third party," wrote Quora CEO Adam D'Angelo in an online post. "We are working rapidly to investigate the situation."
How to Use a VPN for Safer Online Shopping
December 4, 2018
With the holidays fast approaching, are you looking to buy presents online? The holiday season has become synonymous with online shopping. This isn't really surprising as physical stores usually attract crowds of deal hunters. This often conjures up images of throngs of people waiting in line outside the store, some even camping out. This activity is tolerable for some and even fun for others.
DoJ Takes Down Online Ad Fraud Ring, Indicts 8
November 29, 2018
The DoJ has revealed an unsealed indictment of eight defendants for crimes related to their involvement in widespread digital advertising fraud. The DoJ alleges the eight individuals were behind two global schemes, 3ve and Methbot, which stole tens of millions of dollars through a scam that used fake Web traffic and fake websites to reap ad view revenue from unwitting advertisers.
Cryptohackers Breach StatCounter to Steal Bitcoins
November 8, 2018
Hackers planted malware on StatCounter to steal bitcoin revenue from Gate.io account holders, according to Eset researcher Matthieu Faou, who discovered the breach. The malicious code was added to StatCounter's site-tracking script last weekend, he reported. The malicious code hijacks any bitcoin transactions made through the Web interface of the Gate.io cryptocurrency exchange.
How to Protect Your Online Privacy: A Practical Guide
November 7, 2018
Do you take your online privacy seriously? Most people don't. They have an ideal scenario of just how private their online activities should be, but they rarely do anything to actually achieve it. The problem is that bad actors know and rely on this fact, and that's why there's been a steady rise in identity theft cases from 2013 to 2017, often resulting in loss of reputation or financial woes.
How Vulnerable Is Your E-Business to Employee-Assisted Fraud?
October 30, 2018
We made it. The holiday shopping season is here once again! This is a great opportunity for you as an e-commerce retailer. If you're like many other merchants out there, the run-up to Christmas is one of the most profitable, and busiest, times of the year. You may need some extra help to handle the surge in traffic and maximize your return. That means hiring seasonal employees.
Former White House CIO Theresa Payton: 'There Are Grave Concerns About Election Interference'
October 26, 2018
Theresa Payton, CEO of Fortalice Solutions, is one of the most influential experts on cybersecurity and IT strategy in the United States. She is an authority on Internet security, data breaches and fraud mitigation. She served as the first female chief information officer at the White House, overseeing IT operations for President George W. Bush and his staff.
The Crypto-Criminal Bar Brawl
September 25, 2018
As if e-commerce companies didn't have enough problems with transacting securely and defending against things like fraud, another avalanche of security problems -- like cryptojacking, the act of illegally mining cryptocurrency on your end servers -- has begun. We've also seen a rise in digital credit card skimming attacks against popular e-commerce software such as Magento.
Google Cracks Down on Tech-Support Scams
September 5, 2018
Google has announced new steps to combat the placement of fraudulent tech support ads on its platform. The company will roll out a verification program in the next few months to ensure that only legitimate third-party tech support providers can place Google ads. There are many legitimate providers that offer local or regional services, or affordable support for out-of-warranty products.
Microsoft Foils Russian Attack on GOP Think Tanks
August 22, 2018
Microsoft has torpedoed websites designed to steal credentials from visitors to two Republican Party think tanks. The malicious websites were among six the company took down last week. A group of hackers affiliated with the Russian military created the sites, according to Microsoft. It apparently was the same group that stole a cache of email from the DNC during the 2016 presidential campaign.
Don't Be So Sure AI Is Cybersecurity's Silver Bullet
August 20, 2018
There's a lot of hype around artificial intelligence as the greatest thing since sliced bread, but will AI really help with cybersecurity? Criminals who run cybercriminal businesses also are capable of using the AI to commit crimes. It's logical that if one person is smart enough to develop cyberprotection technologies that utilize AI, then thoughtful, creative criminals can use it too.
Farsight Security COO Alexa Raad: 'Be Your Own Champion'
August 14, 2018
"If you think about Internet threats like phishing and botnets and malware -- all of those start with a DNS -- a domain name system. And so every kind of nefarious act leaves footprints and fingerprints in the DNS. That's something that cannot be faked," said Farsight Security COO Alexa Raad. For example, "a lot of the new domain names that are registered are typically registered with bad intent."
Homeland Security Unveils Center to Combat Cyberthreats
August 1, 2018
DHS has announced the National Risk Management Center, part of a new effort to combat cyberthreats to the U.S. The new agency's mission will be to defend the critical infrastructure through greater cooperation between the public and private sectors. The center will bring together government experts and industry partners to work out ways that the government can support the partners.
Breaking the Fraud Chain
June 29, 2018
Retailers' biggest worry is increasing e-commerce fraud -- including data breaches, targeted attacks and card-not-present fraud -- according to a report from the Federal Reserve Bank of Minneapolis. Online fraud is one of the biggest challenges facing retailers, with CNP fraud being one of their top worries. CNP fraud will hit $71 billion over the next five years, Juniper Research has forecast.
The Dismal State of Healthcare IoT Security
June 25, 2018
The healthcare industry has been moving toward medical equipment connectivity to speed up data entry and recording, as well as improve data accuracy. At the same time, there has been a shift toward incorporating consumer mobile devices, including wearables. "The demand for connected devices has increased rapidly in recent years," noted Leon Lerman, CEO of Cynerio.
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."
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Is "too much screen time" really a problem?
Yes -- smartphone addiction is ruining relationships.
Yes -- but primarily due to parents' failure to regulate kids' use.
Possibly -- long-term effects on health are not yet known.
Not really -- lack of self-discipline and good judgement are the problems.
No -- angst over "screen time" is just the latest overreaction to technology.
No -- what matters is the quality of content, not the time spent viewing it.
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