Broadband Internet Technical Advisory Group (BITAG) today released a report outlining a set of guidelines it believes could dramatically improve the security and privacy of IoT devices and minimize the costs associated with the collateral damage that would otherwise affect both end users and ISPs. more
With the alarming increase in cyberattacks, criminals are literally turning businesses against their own customers in order to steal consumer's personal data, warns the latest annual X-Force Trend and Risk report from IBM. "The security industry puts a lot of effort into the technical evaluation of security threats, examining, sometimes at great length, the potential threat that each issue might present to corporations and consumers. Criminal attackers out for profit, however, have considerations that the security industry does not always take into account, such as monetization cost and overall profitability." more
I read an interesting article in the Wall Street Journal today entitled Cyber Criminals Sniff out Vulnerable Firms. It's a story of a small business owner in New York whose company was broken into by cyber criminals and stole $1.2 million from its bank accounts, although the owner was able to later recover about $800,000 of that. The moral of the story is that small businesses feel like they are not a major target for online thefts like these. more
There is a classic scene in the movie, "Jaws," when Roy Scheider gets a look at the size of the shark circling his fishing vessel and says, "We're going to need a bigger boat." The same case can be made for CIOs dealing today with application security. Hackers from all over the world are circling business and government like great whites looking for vulnerabilities in Internet-facing applications. The growth of applications is great for doing business but they have become chum in the water for predators. more
The movement for upping the minimum wage in the US is gathering momentum. Protests and placard waving are on the increase, and the quest for $15 per hour is well underway. There are plenty of arguments as to why such a hike in minimum wage is necessary, and what the consequences could be to those businesses dependent upon the cheapest hourly labor. But, for the information security industry, upping the minimum wage will likely yield only good news. more
As industries from agriculture to banking increasingly depend on space-based capabilities, safeguarding satellites from cyber threats has become paramount. In a groundbreaking move to address this, the U.S. military will stage Hack-A-Sat 4, a competition at the famed DEFCON hacker convention, inviting white-hat hacker teams to attempt to infiltrate and control computer systems on a satellite in orbit. more
As hacking groups such as Anonymous and LulzSec continue to make headlines, many of us in the Information Security field can only sit back and shake our heads. The large number of successful system breaches, web site defacements, and the publication of confidential data is not at all surprising, and for the most part was only a matter of time. more
Internet users are acutely aware of their exposure on the Internet and clearly concerned about their safety. Increased downloads of scareware as Conficker made headlines in the mainstream media are only the latest evidence. Desktop software is often viewed as a one-stop shop for fighting Internet threats such as viruses, worms and other forms of malware and phishing. These solutions have served us well but more protections are needed to address the dynamic and increasingly sophisticated web based exploits being launched... more
Over at Word to the Wise, Laura Atkins has a post up where she talks about the real problem with ESPs and their lack of internal security procedures which resulted in the breach of many thousands of email addresses (especially Epsilon). However, Atkins isn't only criticizing ESP's lack of security but also the industry's response wherein they have suggested countermeasures that are irrelevant to the problem. more
While at that same Virus Bulletin conference that I was talking about earlier in my other post, I also had the chance to check out a session on Chinese DDoS malware put on by some folks from Arbor Networks. As little insight as I have into Android malware, I know even less about Chinese DDoS malware. So what's Chinese DDoS malware like? What are its characteristics? more
Just a few months after Yahoo confirmed a massive data breach impacting half a billion users, the company today disclosed a second major breach of its systems affecting over a billion users. more
A widespread compromise of consumer-grade small office/home office (SOHO) routers has been discovered by threat intelligence group Team Cymru. According to the report, "attackers are altering the DNS configuration on these devices in order to redirect victims DNS requests and subsequently replace the intended answers with IP addresses and domains controlled by the attackers, effectively conducting a Man-in-the-Middle attack." more
By design, the Internet core is stupid, and the edge is smart. This design decision has enabled the Internet's wildcat growth, since without complexity the core can grow at the speed of demand. On the downside, the decision to put all smartness at the edge means we're at the mercy of scale when it comes to the quality of the Internet's aggregate traffic load. Not all device and software builders have the skills - and the quality assurance budgets - that something the size of the Internet deserves. more
Every couple of years there's a new "hot threat" in security for which vendors abruptly tout newfangled protection and potential customers clamor for additional defense options. Once upon a time it was spyware, a few years ago it was data leakage, and today it's mobile malware. It's a reoccurring cycle, analogous to the "blue is the new black" in fashion -- if you fancy adopting a certain cynical tone. more
In two recent debate events I participated in, on iFreedom and privacy in the online world, mistrust of government and government's intentions and motivations on and towards the Internet were abundantly present with more than just a few people in the audiences. The emotions were not new to me, no, it was the rationality that surprised and sometimes almost shocked me. Why? Well, should these sentiments get the support of the majority of people, it would undermine all legitimacy of a government to govern. Let's try and take a closer look. more
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