Cybercrime

Nitro Attacks Target the Chemical Industry

New security report has revealed at least 48 companies involved in research, development, manufacturing of chemicals and advanced materials have been victims of a coordinated cyberattack traced to a source in China. The purpose of the attacks, code named Nitro, appear to be industrial espionage, collecting intellectual property for competitive advantage, according to Symantec. more

New Threats Demand a New Approach to DDoS Protection

In the past 24 months, distributed denial of service (DDoS) attacks have changed profoundly. Gone are the days when attackers worked under the radar, when machines were infected by botnet code unknowingly and attacks were disguised leaving very little to trace the exact origin. ... The other game-changer: It's easier than ever to execute attacks. The tools are so widely available that anyone with basic skills and a high-speed connection can become a "hacktivist." more

Growth in Commercial Sinkholing Operations

The last couple of years have seen a growth in commercial sinkholing operations. What was once an academic method for studying botnets and other types of Internet-born threat, has more recently turned in to an increasingly profitable business for some organizations. Yesterday I published a blog on the DarkReading site titled Sinkholing For Profit, and I wanted to expand upon some aspects of the sinkholing discussion (there's only so much you can fit in to 800-ish word limits). more

Oil and Gas Cyber Security Forum

A reader recently brought to my attention an upcoming conference in London in the UK -- The Oil and Gas Cyber Security Forum. Here's a little blurb: "Despite investments into state of the art technology, a majority of the oil and gas industry remain blissfully unaware of the vulnerabilities, threats and capability of a malicious cyber attack on control systems..." I bring this up because it is relevant to the trends in cyber security that we see this year - that of the Advanced Persistent Threat. more

Duqu Reported as Precursor to a Future Stuxnet-Like Attack

Virus researchers at Symantec Corp. have revealed a variant of the Stuxnet worm, named Duqu, that is found to be stealing information about industrial control systems. Symantec reports: "Duqu's purpose is to gather intelligence data and assets from entities, such as industrial control system manufacturers, in order to more easily conduct a future attack against another third party. The attackers are looking for information such as design documents that could help them mount a future attack on an industrial control facility... Parts of Duqu are nearly identical to Stuxnet, but with a completely different purpose." more

DDoS Attacks: What’s in Store for 2012?

According to Kaspersky Lab, 2011 has seen "numerous DDoS attacks with a variety of motives," many of which will "go down in the annals of cybercrime." As we look ahead to 2012, it's worth examining some of those motives to see what they portend. more

On the Success of Malware

There's often a lot of discussion about whether a piece of malware is advanced or not. To a large extent these discussions can be categorized as academic nitpicking because, at the end of the day, the malware's sophistication only needs to be at the level for which it is required to perform -- no more, no less. Perhaps the "advanced" malware label should more precisely be reattributed as "feature rich" instead. more

OPTA revokes Diginotar License as TTP

Wout de Natris: "In this decision OPTA revokes the registration of Diginotar as a so called Trusted Third Party. Diginotar issued certified certificates for digital signatures. The security breach by Iranian hackers over the summer, which Diginotar did not report to the authorities, lead to severe credibility issues for all Diginotar certificates issued before. This included Dutch government websites, but also led to severe breaches of privacy for Iranian end users, in multiple countries. As a result of OPTA's decision all certificates issued by Diginotar have to be revoked, while at the same she is forbidden to issue new ones. more

Internet and Self-Governance? An Example

At the Government Roundtable meeting in Amsterdam on 12 September RIPE NCC presented on her results on auditing Local Internet Registries (LIRs) and on the policy process concerning certification of her members. If this showed something to the world it is that cooperation with governments and law enforcement agencies (LEAs) pays off and self-governance can work. How did this come about? more

TLD Domain Abuse: Threat Report - First Half 2011

When it comes to building a robust globe-spanning network of crimeware and making the victims dance to a tune of the cyber-criminals' choosing, you're guaranteed to find domain name abuse at the heart of the operation. DNS provides the critical flexibility and underlying scalability of modern command-and-control (C&C) infrastructure. Cyber-criminals that master DNS (and manage to maintain the stream of new domain registrations that keep it fed) tend to find themselves in command of the largest and most profitable crimeware networks. more

Hiding in Plain Sight: Post-Breach

The majority of network breaches begin and end with the installation of malware upon a vulnerable device. For the rest, once that initial malware beachhead has been achieved, the story is only just beginning. The breach disclosures that make the news are often confusing as they're frequently compiled from third-hand reports, opinions and technical assumptions. More often than not, they include a discussion about the malware - how advanced it was, etc. - and whether any 0-day vulnerabilities were likely used by the mysterious attacker. more

Anonymous, LulzSec, and the Option of Internet Security

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

New Research Reveals 56% Rise in Cost of Cybercrime

New research indicates cyberattacks increasingly plague businesses and government organizations, resulting in significant financial impact, despite widespread awareness. Conducted by the Ponemon Institute, the Second Annual Cost of Cyber Crime Study revealed that the median annualized cost of cybercrime incurred by a benchmark sample of organizations was $5.9 million per year, with a range of $1.5 million to $36.5 million each year per organization. This represents an increase of 56 percent from the median cost reported in the inaugural study published in July 2010. more

Cybercrime Losses Overestimated, Say Researchers

Cybercrime losses may be erroneously overestimated as most information available on cybercrime losses are derived from surveys, argue two researchers in a recent paper titled, "Sex, Lies and Cybercrime Surveys". Dinei Florencio and Cormac Herley from Microsoft Research examine some of the difficulties of forming an accurate cybercrime estimate by survey. more

US, India Sign Cybersecurity Agreement

The United States and India signed a Memorandum of Understanding (MOU) today to promote closer cooperation and the timely exchange of information between the organizations of their respective governments responsible for cybersecurity, according to U.S. Department of Homeland Security. "The MOU was signed in New Delhi by Jane Holl Lute, Deputy Secretary for the U.S. Department of Homeland Security (DHS) and R. Chandrashekhar, Secretary, India Department of Information Technology." more