In case you missed it, last Thursday, May 6, we saw a remarkable day on the stock markets. The day started off with some selling which went down neat and orderly. Suddenly, around 2:40 pm eastern time, the market started selling off rapidly taking huge hits in in the span of 30 minutes. It was an incredible ride and at one point, the Dow Jones average was off 1000 points for the day, the largest drop in history (though not the largest percentage drop). It was kind of like October of 1987. more
Yahoo today announced it has agreed to pay $50 million in damages and will offer two years of free credit-monitoring services to 200 million people whose email addresses and other personal information were stolen as part of the massive security breach. more
Kaspersky Lab Expert, Fabio Assolini, has provided detailed description of an attack which as been underway in Brazil since 2011 using 1 firmware vulnerability, 2 malicious scripts and 40 malicious DNS servers, affecting 6 hardware manufacturers, resulting in millions of Brazilian internet users falling victim to a sustained and silent mass attack on DSL modems. more
On the face of it, the answer is a rather obvious and simple "yes"! The Internet obviously works across borders. Technically, it is a global network servicing its users wherever they may be on the planet. But it is this very nature -- the fact that the Internet is not bound to a specific country or territory -- which has more and more people asking themselves whether it can really work across borders. more
There are a lot of theories flying around about why Twitter and other social media services got knocked offline yesterday. I've heard rumors about it being linked to political tension between Georgia and Russia. Others blame Iran for the outages. I'm not a political commentator, therefore I cannot comment on anyone's political views -- but I have some logic and common sense, and I can draw some objective conclusions. more
Thailand's military-appointed parliament on Thursday passed a controversial cybersecurity law which gives sweeping powers to state cyber agencies. more
In simple terms, Meltdown and Spectre are simple vulnerabilities to understand. Imagine a gang of thieves waiting for a stage coach carrying a month's worth of payroll. There are two roads the coach could take, and a fork, or a branch, where the driver decides which one to take. The driver could take either one. What is the solution? Station robbers along both sides of the branch, and wait to see which one the driver chooses. more
Microsoft today disclosed the detection of covert and targeted malicious activity aimed at critical infrastructure organizations in the United States. The attack is orchestrated by a state-sponsored group from China, known as Volt Typhoon, with the suspected objective of disrupting the communication infrastructure between the U.S. and Asia during potential future crises. more
A new study conducted by British researchers has unveiled a potentially concerning form of cyber threat where hackers can extract personal data just by listening to someone type. more
The Joint Commission, a healthcare accreditation agency, has advised hospitals and health systems to brace for at least a month of downtime following a cyberattack, according to The Wall Street Journal. This recommendation is part of new guidelines released by the agency for handling IT security events. more
The Sunday Herald reported on Sunday that Best Western was struck by a trojan attack that lead to the possible compromise of about 8 million victims. There is some debate as to the extent of the breach and not a small amount of rumor going around. I'm not entirely disposed to trust corporate press releases for the facts, nor am I going to blindly accept claims of security researchers whose first call is to the PR team when discovering a problem. That said, here is what seems to be the agreed upon facts... more
There has been plenty of buzz and chatter on the Internet recently concerning a very large DDoS attack against CloudFlare, with coverage on their blog, the New York Times, and the BBC, among many others. While attacks of this nature are certainly nothing new, the scale of this attack was surprising, reported to hit 120Gbps. For a sense of scale, your average cable modem is only about 20Mbps, or about 0.016% of that bandwidth. more
Ahmed Mansoor is an internationally recognized human rights defender based in the Middle East and recipient of the Martin Ennals Award (sometimes referred to as a "Nobel Prize for human rights"), On August 10 and 11, 2016, Mansoor received an SMS text messages on his iPhone promising "new secrets" about detainees tortured if he clicked on an included link. Instead of clicking, Mansoor sent the messages to the Canadian Citizen Lab researchers. more
J. Nicholas Hoover reporting in InformationWeek: "The White House on Wednesday issued an update of the Obama administration's ongoing cybersecurity work, detailing some of the steps being taken in an effort to secure the nation's networks against cyber attacks and in the process offering some new insight into the administration's future plans. The progress report, issued immediately after a meeting held by White House cybersecurity coordinator Howard Schmidt with agency secretaries, cybersecurity experts..." more
The United States has shifted its Russia strategy more toward offense and inserted potentially crippling malware inside Russia's electric power grid at a depth and with an aggressiveness that had never been tried before, according to a New York Times's story that broke over the weekend. more
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