Cybercrime

Should You Pay Ransomware Demands?

Ransomware is a huge problem for small and medium businesses, and the most important question is this: should you pay the ransom? Ransomware has proven a successful revenue generator for criminals, which means the risk to businesses will grow as ransomware becomes more sophisticated and increasing numbers of ethically challenged criminals jump on the bandwagon. more

Internet Governance Outlook 2017: Nationalistic Hierarchies vs. Multistakeholder Networks?

Two events, which made headlines in the digital world in 2016, will probably frame the Internet Governance Agenda for 2017. October 1, 2016, the US government confirmed the IANA Stewardship transition to the global multistakeholder community. November 2, 2016, the Chinese government announced the adoption of a new cybersecurity law which will enter into force on July 1, 2017. more

New Trojan Used in High Level Financial Attacks, Multiple Banks Attacked

Since January 2016, discreet campaigns involving malware called Trojan.Odinaff have targeted a number of financial organizations worldwide, warned Symantec Security Response team on Tuesday. more

DDOS Attackers - Who and Why?

Bruce Schneier's recent blog post, "Someone is Learning How to Take Down the Internet", reported that the incidence of DDOS attacks is on the rise. And by this he means that these attacks are on the rise both in the number of attacks and the intensity of each attack. A similar observation was made in the Versign DDOS Trends report for the second quarter of 2015, reporting that DDOS attacks are becoming more sophisticated and persistent in the second quarter of 2016. more

Feds Shut Down Largest File-Sharing Site KickassTorrents - Founder Arrested, Domains Seized

"U.S. Authorities Charge Owner of Most-Visited Illegal File-Sharing Website with Copyright Infringement" – statement issued by United States Department of Justice on Thursday: "U.S. authorities have charged the alleged owner of today's most visited illegal file-sharing website with criminal copyright infringement and have seized domain names associated with the website." more

Internet Pharmacy Safeguards, We Salute You

As I wrote in December 2015, some Internet commerce companies - including domain name registries, registrars, advertising providers, social media platforms, payment processors and shippers - are doing right by patients in taking voluntary action against illegal online drug sellers. This is no small feat as 97% of the roughly 35,000 active online drug sellers are operating illegally. more

Cheers! Registries and Registrars Doing the Right Thing by Patients

Domain name registration is a hot industry. Registrars represent a growing multi-billion dollar industry with the keys to the Internet for any organization hoping to have a web presence. Further, because of their role as one of the gatekeepers to the Internet, registrars have the unique ability and are often asked to take action against illegal activity online. This fact was highlighted in the report released this week by the Office of the U.S. Trade Representative, the 2015 Out-of-Cycle Notorious Markets List. more

Officially Compromised Privacy

The essence of information privacy is control over disclosure. Whoever is responsible for the information is supposed to be able to decide who sees it. If a society values privacy, it needs to ensure that there are reasonable protections possible against disclosure to those not authorized by the information's owner. In the online world, an essential technical component for this assurance is encryption. If the encryption that is deployed permits disclosure to those who were not authorized by the information's owner, there should be serious concern about the degree of privacy that is meaningfully possible. more

The Cyber Security Ecosystem: Collaborate or Collaborate - It’s Your Choice

As cyber security as a field has grown in scope and influence, it has effectively become an 'ecosystem' of multiple players, all of whom either participate in or influence the way the field develops and/or operates. It's increasingly evident that, more than ever, it is crucial for those players to collaborate and work together to enhance the security posture of communities, nations and the globe. more

Global Paradigms We Relied Upon Were Destroyed Overnight - How Prepared Are You for New Realities?

Unprecedented new Political and Cyber Security Threats are happening at a scale that has never been witnessed before. These threats are large and malicious enough to take down nuclear programs, render oil refineries inoperable, and take billion-dollar websites offline (not to mention smaller ones). Recent events confirm that NO ONE IS IMMUNE. Despite the obvious warning signs, Internet business stakeholders the world over continue to act as if nothing has changed, and seem unaware that global paradigms have undergone a seismic shift almost overnight. more

Managing (in)Security Through Regulation: A Key Phase for Nation States

Not so long ago, the notion of introducing laws and other regulatory responses to address cyber security issues was regarded with significant hesitation by governments and policy makers. To some extent, this hesitation may well have stemmed from a general perception by those who do not work directly in the field that the world of cyber security is somewhat of a 'dark art'. More recently, however, there has been a substantial shift in this attitude, with proposals to regulate a range of cyber security related matters becoming increasingly numerous. more

Understanding the Threat Landscape: Cyber-Attack Actors and Motivations

The threat landscape has rapidly expanded over the past few years, and shows no signs of contracting. With major establishments in both the public and private sectors falling victim to cyber-attacks, it is critical for organizations to identify the motivations, modus operandi (MO) and objectives of adversaries in order to adequately and effectively defend their networks. Understanding the taxonomy of cyber-attacks is the first step in preparing an organization against exposure to them. more

Hacking: Users, Computers, and Systems

As many people have heard, there's been a security problem at the Internal Revenue Service. Some stories have used the word hack; other people, though, have complained that nothing was hacked, that the only problem was unauthorized access to taxpayer data but via authorized, intentionally built channels. The problem with this analysis is that it's looking at security from far too narrow a perspective... more

M3AAWG Releases Anti-Abuse Best Common Practices for Hosting and Cloud Service Providers

Jointly published by the Internet Infrastructure Coalition (i2C) and the Messaging, Malware and Mobile Anti-Abuse Working Group, the new document outlines proven activities that can help Web hosting services improve their operations and better protect end-users. more

A Cynic’s View of 2015 Security Predictions - Part 4

Lastly, and certainly not the least, part four of my security predictions takes a deeper dive into mobile threats and what companies and consumer can do to protect themselves. If there is one particular threat category that has been repeatedly singled out for the next great wave of threats, it has to be the mobile platform -- in particular, smartphones... The general consensus of prediction was that we're (once again) on the cusp of a pandemic threat. more