US presidential candidate Mitt Romney will likely be reconsidering his email passwords after his online email account was reportedly hacked. A hacker claims to have accessed Romney's Hotmail and Dropbox accounts after guessing the answer to the Republican candidate's 'favourite pet' security question. It's suspected Romney used the same password for more than one account. more
An article in Forbes the other day reports on US Secretary of Homeland Security Janet Napolitano's comments that 'cybercrime represents the "greatest threat and actual activity that we have seen aimed at the west and at the United States" in addition to "or other than Al Qaeda and Al Qaeda-related groups."' ..."Napolitano cited a study commissioned by Symantec that put the total worldwide cost of cybercrime at $388 billion -- higher than the global market for heroin, cocaine and marijuana combined." more
In a blog post, Stewart Baker proposed restricting access to sophisticated anti-virus software as a way to limit the development of sophisticated malware. It won't work, for many different and independent reasons. To understand why, though, it's necessary to understand how AV programs work. The most important technology used today is the "signature" - a set of patterns of bytes - of each virus. Every commercial AV program on the market operates on a subscription model... more
Talking technical is easy. Distilling technical detail, complex threats and operation nuances down to something that can be consumed by people whose responsibility for dealing with cybercrime lays three levels below them in their organizational hierarchy is somewhat more difficult. Since so many readers here have strong technical backgrounds and often face the task of educating upwards within their own organizations, I figured I'd share 4 slides from my recent presentation that may be helpful in communicating how the world has changed. more
Microsoft took down a Zeus botnet recently. Within days it was publicly accosted by Fox-IT's director Ronald Prins for obstructing ongoing investigations and having used Fox-IT's data. This was followed by the accusation that Microsoft obstructs criminal proceedings... On top of all this EU Commissioner Cecilia Malmström announced that cooperation between law enforcement and industry will be forged in the European Cyber Crime Centre as of 2013. Coincidences do not exist. Why? more
The sixth annual Counter-eCrime Operations Summit (CeCOS VI) will engage questions of operational challenges and the development of common resources for the first responders and forensic professionals who protect consumers and enterprises from the ecrime threat every day. This year's meeting will focus on the shifting nature of cybercrime and the attendant challenges of managing that dynamic threatscape. more
Global Payments, an Atlanta-based payment card processing firm, announced yesterday that they had suffered "unauthorized access into a portion of its processing system". Sometime in early March they uncovered the attack, and there are some indications that the breach occurred between January 21st and February 25th of this year... There are a number of unverified reports that a New York City street gang with Central American ties took control of "an administrative account that was not protected sufficiently". more
The King is dead. Long live the King! Or, given this week's events, should the phrase now be "Kelihos is dead. Long live Kelihos"? It is with a little amusement and a lot of cynicism that I've been watching the kerfuffle relating to the latest attempt to take down the Kelihos botnet. You may remember that a similar event ("Kelihos is dead") occurred late last year after Microsoft and Kaspersky took it on themselves to shut down the botnet known as Kelihos (or sometimes as Waledac 2.0 or Hlux). more
Over the weekend and this morning, Microsoft, working in conjunction with others, issued civil lawsuits to sinkhole numerous domains associated with the Zeus botnet. When I say "botnet", I use the term loosely because Zeus is not a botnet in the sense that Rustock or Waledac is (or was). Rather, Zeus is a tool kit that online criminals can buy that lets them create phishing pages, perform fast fluxing, host drive-by downloads in addition to spamming. It's more like infrastructure than a botnet, although it does have a large botnet under its control. more
Microsoft's Digital Crimes Unit - in collaboration with Financial Services - Information Sharing and Analysis Center (FS-ISAC) and NACHA - The Electronic Payments Association, as well as Kyrus Tech Inc. - has executed a coordinated global action against some of the worst known cybercrime operations fueling online fraud and identity theft, said Microsoft in an announcement today. "With this legal and technical action, a number of the most harmful botnets using the Zeus family of malware worldwide have been disrupted in an unprecedented, proactive cross-industry operation against this cybercriminal organization." more
The Online Trust Alliance (OTA) joined a unanimous vote at the Federal Communications Commission's (FCC) Communications Security, Reliability and Interoperability Council (CSRIC) meeting today, approving the voluntary U.S. Anti-Bot Code of Conduct for Internet Service Providers (ISPs), also known as the ABCs for ISPs. As a member of the CSRIC appointed by FCC Chairman Julius Genachowski, the OTA has been working with the FCC and leading ISPs to develop this voluntary Code. more
Don't worry about the bad guys turning out the lights. Worry about everything they're stealing while the lights are still on. The theft of intellectual property ranging from Hollywood films to defense secrets is underway by cyber-criminals of various stripes. Maintaining control over intellectual property may be the single most important challenge to American economic security. Implementing a cyber-reliant infrastructure is a national challenge which crosses the traditional boundaries between economic sectors and between public and private domains. more
The NATO Consultation, Command and Control Agency (NC3A) has announced the award of a contract for upgrading the NATO cyber defence capabilities. The award to private industrial companies will enable the already operating NATO Computer Incident Response Capability (NCIRC) to achieve full operational capability by the end of 2012. At approximately 58 million Euro, it represents NATO's largest investment to date in cyber defence. more
Brian Krebs reporting in Krebs on Security: "Half of all 'rogue' online pharmacies -- sites that sell prescription drugs without requiring a prescription -- got their Web site names from just two domain name registrars, a study released today found. The findings illustrate the challenges facing Internet policymakers in an industry that is largely self-regulated and rewards companies who market their services as safe havens for shadowy businesses." more
A group of ISPs on wednesday told U.S. Congress that passing new cybersecurity rules affecting broadband and mobile service providers is counterproductive and should be resisted. Jason Livingood, vice president of Internet systems engineering at Comcast, during a hearing before the U.S. House of Representatives Energy and Commerce Committee's communications subcommittee, said: ISPs have "strong incentives" to secure their networks and invest heavily in cybersecurity because of competition. more