Cyberattack

Is Blockchain Causing More Cybersecurity Attacks in the Financial Industry?

There's a lot of misunderstanding about blockchain. A recent study by HSBC, for example, found that 59 percent of customers around the world had never heard of it. Yet, while that alone is quite telling, it's probably more alarming to consider the fact that very same poll revealed that 80 percent of people who had hard of blockchain did not understand what it is. This level of confusion isn't confined to the general population either. more

New Study Revealing Behind the Scenes of Phishing Attacks

The following is an overview of the recent Honeynet Project and Research Alliance study called 'Know your Enemy:Phishing' aimed at discovering practical information on the practice of phishing. This study focuses on real world incidents based on data captured and analyzed from the UK and German Honeynet Project revealing how attackers build and use their infrastructure for Phishing based attacks. "This data has helped us to understand how phishers typically behave and some of the methods they employ to lure and trick their victims. We have learned that phishing attacks can occur very rapidly, with only limited elapsed time between the initial system intrusion and a phishing web site going online..." more

Russia in Talks to Create Independent DNS

The Russian Security Council has proposed development of an independent DNS which would continue to work in the event of global internet malfunctions, according to a report from RT. more

DNS Reflection/Amplification Attack: Proved

Last year there was a "threat" by anonymous group to black out Internet by using DNS Reflection/Amplification attack against the Internet DNS Root servers. I even wrote a little article about it: "End of the world/Internet". In the article I was questioning if this was even possible and what was needed as general interest and curiosity. Well, looking at the "stophaus" attack last week, we are getting some answers. more

Cyber Threats Yes, But Is It Cyber War?

Last night Intelligence Squared and Neustar conducted a fascinating, Oxford style debate on whether the threat of cyber war has been exaggerated. A packed house at the Newseum in Washington, DC heard four cyber heavyweights go toe-to-toe verbally both for and against the proposition that the threat has been exaggerated. more

Bashbleed - A Nasty Reminder Never to Forget Security 101

After the botched burglary at the Watergate Apartments, every scam and scandal that hit the headlines became a 'gate' -- Irangate, Contragate, you name it. The Heartbleed bug is possibly the closest thing to Watergate that this generation of computer security had seen till the past few days -- an exploit in a component that is "just there" -- something you utterly rely on to be there and perform its duties, and give very little thought to how secure (or rather, insecure) it might be. So, fittingly, every such catastrophic bug in an ubiquitous component is now a 'bleed'. more

NeuStar Experiences Partial Outage as DynDNS Tries to Turn up the Heat

NeuStar's UltraDNS faced attack on two fronts on Tuesday, March 31. One of the attacks was technical -- a massive denial-of-service attack. The second was a rather surprising opening strike from competitor Dynamic Network Services (DynDNS), which launched a full-scale (and in T1R's opinion, misguided) public relations broadside. First, to the actual denial of service attack. Contrary to many early reports, UltraDNS was not 'down' on Tuesday... more

The Importance of Understanding Attacker Target Selection

There's a bit of a debate going on about whether the Kaseya attack exploited a 0-day vulnerability. While that's an interesting question when discussing, say, patch management strategies, I think it's less important to understand attackers' thinking than understand their target selection. In a nutshell, the attackers have outmaneuvered defenders for almost 30 years when it comes to target selection. more

Brand Impersonation Online is a Multidimensional Cybersecurity Threat

Brand impersonation happens much more often than people realize. In CSC's latest Domain Security Report, we found that 75% of domains for the Global 2000 that contained more than six characters from the brand names were not actually owned by the brands themselves. The intent of these fake domain registrations is to leverage the trust placed on the targeted brands to launch phishing attacks, other forms of digital brand abuse, or IP infringement... more

Estonian Cyber Security Strategy Document: Translated and Public

The Estonians have a public version of their cyber security strategy translated into English (currently available offline only). The concept of a national strategy for cyber security is one which I am particularly fond of... The following is the Summary section from the document which might be of interest... more

China Hacks Google, Etc.

Many news sources are reporting on how Google and other corporations were hacked by China. The reports, depending on vendor, blame either PDF files via email as the original perpetrator, or lay most of the blame on an Internet Explorer 0day. more

Garth Bruen Discussing Whois, DNSSEC and Domain Security

NameSmash has interviewed Garth Bruen, Internet security expert and creator of Knujon, on some key issues under discussion during the recent ICANN meetings in San Francisco. Topics include Whois, DNS Security Extensions (DNSSEC) and generic Top-Level Domains (gTLDs) -- issues of critical importance particularly with ICANN's expected roll-out of thousands of new gTLDs in the coming years. more

SEC Reinforces and Expands Its Cybersecurity Guidance for Public Companies

The Securities and Exchange Commission has issued an updated guidance for public companies in preparing disclosures about cybersecurity risks and incidents. more

Mitigating Spoofed Attacks Using IPv6 Address Space

Timothy D. Morgan's recent paper titled, "IPv6 Address Cookies", seeks to apply the fundamental shift in resource availability brought about by the vastly increased Internet address space in IPv6 to develop a novel, lower cost solution to mitigating spoofed attacks. "Spoofed denial of service attacks have plagued the Internet for a number of years, and show no signs of abating. Research into mitigation techniques has apparently not led to a financially viable solution, and new attacks have been discovered in the wild without being widely anticipated". The following provides an introduction to this paper. more

South Korean Banks Receive DDoS Threat from Hacker Group, Record Ransomware Payment Demanded

Various sources including South Korea's news agency Yonhap are reporting that a hacker group has threatened to launch a DDoS attack against seven South Korean banks unless they pay about 360 million won (US$315,000) in bitcoin. more