Cybercrime

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

Cyber Terrorism Is a Real Threat, and for the First Time Both Russia and the US Acknowledge It

Eugene Kaspersky, CEO and co-founder of Internet security giant Kaspersky Lab said last week that "terrorists could build a botnet that could bring down the entire Internet structure". Mr. Kaspersky ended his speech with the statement that "a global cyber police force, and global cooperation between law enforcement agencies and governments is needed". This goes very much in accordance with some of the conclusions in the Cyberspace Policy Review more

The Hack Will Be a Costly Affair for Optus

More and more information is becoming available about the breach of Optus (Australia's second-largest telco). It looks like the hacker is more of an amateur than a professional criminal or a "state actor." This makes the hack even more worrisome. It looks as though Optus didn't have its security house in order. This makes the issue all the more painful for the company. It will dent its reputation, and customers could become somewhat wary about dealing with the company. more

IGF Best Practice Forums, an Opportunity to Bring Your Experience to the Policy Debate

In the run-up to the 14th Internet Governance Forum in Berlin, Germany, 25 to 29 November, different groups are discussing best practices pertaining to specific internet governance policy questions. These groups are open and thrive on your input and experiences. Their findings will be presented at the IGF and published shortly after. The IGF Best Practice Forums intend to inform internet governance policy debates by drawing on the immense and diverse range of experience and expertise... more

Microsoft, Fortra, and Health-ISAC Take Legal Action Against the Abuse of Cobalt Strike to Combat Ransomware Attacks

A group of companies, including Microsoft, have collaborated to launch a major action to disrupt the use of cracked, legacy copies of the security tool Cobalt Strike which cybercriminals have abused to deploy ransomware. more

More Targeted Phishing, Spam and Mobile Attacks; IBM Reports 150K Security Events Per Second

IBM today released the results from its annual X-Force 2010 Trend and Risk Report, identifying more targeted phishing, spam and mobile attacks. The report also finds cloud security continuing to evolve. "From Stuxnet to Zeus Botnets to mobile exploits, a widening variety of attack methodologies is popping up each day," says Tom Cross, threat intelligence manager, IBM X-Force. "The numerous, high profile targeted attacks in 2010 shed light on a crop of highly sophisticated cyber criminals, who may be well-funded and operating with knowledge of security vulnerabilities that no one else has. Staying ahead of these growing threats and designing software and services that are secure from the start has never been more critical." more

Three Things Registrars Must Do to Enhance Security

If the rise of phishing has taught us anything, it's that on the Internet, if a digital asset has value, there's somebody out there who wants to steal it. Whether it's a bank account password, a credit card number, a PayPal login, or even a magic sword in an online game, there's a fraudster somewhere trying to misappropriate it for his or her own nefarious purposes. Domain names have always been a target for such criminals. more

How to Manage Internet Abundance

The Internet has two billion global users, and the developing world is just hitting its growth phase. Mobile data traffic is doubling every year, and soon all four billion mobile phones will access the Net. In 2008, according to a new UC-San Diego study, Americans consumed over 3,600 exabytes of information, or an average of 34 gigabytes per person per day. Microsoft researchers argue in a new book, "The Fourth Paradigm," that an "exaflood" of real-world and experimental data is changing the very nature of science itself. We need completely new strategies, they write, to "capture, curate, and analyze" these unimaginably large waves of information. 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

The Insecurity of the IoT is Only Getting More Profound, Says Principal Researcher at F-Secure

"Three years after Mirai first appeared, and two years after WannaCry, it shows that we still haven't solved the problems leveraged in those outbreaks," said F-Secure Principal Researcher Jarno Niemela. more

Massachusetts School District Pays Hackers $10K in Bitcoin, Police Calls Case “Impossible” to Solve

A Massachusetts school district was forced to pay a $10,000 Bitcoin ransom to hackers following a cyberattack that blocked access to its system. more

Easy Access to ICANN, IP Address Data Beats Info on Encrypted Data, Says Telstra Cybersecurity Head

When it comes to fighting cybercrime, "being able to easily access ICANN and look up IP addresses is a lot more important than accessing the minutiae of encrypted data communications," says Jacqueline McNamara, head of cybersecurity at Telstra. more

Responsibilities of the DNS: “Oh YES you will!”, “Oh NO you will not!”

What is the responsibility of the DNS? Should the DNS be responsible for policing traffic across its infrastructure? Should the blocking and blacklisting of names or throttling of query packets be the responsibility of the DNS? From experience I know my opening paragraph has started passionate debates in more than one section of this globe. We at CommunityDNS have found ourselves right in the middle of such heated debates. "Oh YES you will!", "Oh NO you will not!" more

New Anti-phishing Initiative Introduced by Yahoo!

Neil Schwartzman writes to report: "The company announced the Yahoo! Mail Anti-Phishing Platform (YMAP) yesterday. The technology is predicated upon the use of both DKIM and Sender Policy Framework (SPF) to identify authentic messages. As part of the initiative, Yahoo! has partnered with email authenticators Authentication Metrics, eCert, Return Path, and Truedomain to provide broad-band coverage of well-known brands." more

What’s New In the Field of Cybersecurity Cooperation

The last few months have shown a number of signs that cooperation in cyberspace is not just necessary, but it is vital for the survival of the Internet as we know it. There is no need to provide links to all the articles and news stories that talk about the dangers of cyberattacks on the infrastructure in the USA or other countries - you can find plenty of them. ... What misses really in these stories is the answer to the question "So, what?" more