Cybercrime

Weekend Cyberattack on Pakistani bank reported to be a Historic $6 Million Loss, Bank Denies Claim

Karachi-based Bank Islami revealed Saturday morning that it had detected abnormal transactions resulting in 2.6 million Pakistani rupees, roughly $19,500 and precautionary steps where taken immediately. more

U.S. Cyber Security: Blurred Vision

It has been beaten, butted, and batted around quite a bit in the past few weeks -- let's look at a rough timeline of political issues which bring me to this point. Let's look at the power struggle (I prefer to call it confusion) in the U.S. Government with regards to "Cyber Security" -- in a nutshell. In the latter part of 2008, the U.S. House of Representatives Homeland Security Committee determined that DHS was not capable of providing proper critical infrastructure protection (and other Cyber protection capabilities) due to a number of issues. This may well be a political maneuver, or it may well actually have merit. more

Phishing Attack: An Open Letter to the Anti-Spam and Mailbox Operator Community

I'm sure many of you are familiar with the targeted ESP phishing attack that has been ongoing for almost a year now and has led to multiple known ESP system breaches. Return Path was recently a victim of this same attack... In short, a relatively small list of our clients' email addresses was taken from us, meaning those addresses are now the targets of the phishing campaign that are intended to compromise those client systems. more

NTIA Releases Cybersecurity Road Map for “Building a More Resilient Internet”

U.S. Departments of Commerce and Homeland Security have released a road map setting out steps to stop the cyber threat to nations internet infrastructure, announced NTIA. more

Pentagon Reveals Largest Ever Loss of Defense Data in Cyberattack

The Associated Press published an article today that the Pentagon revealed that earlier this year, they suffered one of its largest ever loss of sensitive data to a foreign government by a cyberattack. ... It's hard to say what's right and what's wrong. On the one hand, the Secretary of Defense says that the cyberwar is very real. On the other hand, the cyberczar Howard Schmidt said that there is no cyberwar and instead government needs to focus its efforts to fight online crime and espionage... more

IGF2019 Observation: Compare Chancellor Merkel’s Digital Sovereignty with Chinese and U.S. Version

The 2019 UN IGF is right now being held in Berlin and entering the last day. There has been a wide range of exciting discussions. It is a huge step forward that this year's IGF has been able to bring a plethora of topics together under a framework of thinking after the efforts done by the UN Secretary-General António Guterres' High-Level Panel on Digital Cooperation (The Age of Digital Interdependence) and by German scholars' engagement with all the stakeholders... more

CNN.Com, Politically Motivated DDoS, and Asymmetric Warfare

Once again I find myself thinking about the nature of the asymmetric warfare threat posed by politically motivated DDoS (Estonia in 07, Korea in 02, and now China vs. CNN in 08). I keep thinking about it in terms of asymmetric warfare, a class of warfare where one side is a traditional, centrally managed military with superior uniformed numbers, weaponry, and skill. On the other we have smaller numbers, usually untrained fighters with meager weapons, and usually a smaller force. Historical examples include the North Vietnamese in the 20th century and even the American Revolution in the 18th century. Clearly this can be an effective strategy for a band of irregulars... more

Hacker Has Released Close to a Billion User Records Over the Past Two Months, Reports ZDNet

A hacker by the name of Gnosticplayers has claimed responsibility for the hacking of 44 companies resulting in over a billion user data. Hacker also gotten dangerously close to releasing the records, ZDNet reports. more

Can the Internet Work Across Borders?

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

NJ Content Liability Law Ruled Inconsistent with Sec. 230 (just like in Washington and Tennesse)

Back in a time before most members of Congress or prosecutors knew that there was an Internet, there was Prodigy. Prodigy, as part of its service, ran family-friendly chat rooms that it moderated in an effort to keep kids protected from unfortunate content. In a different Prodigy chat room, some unknown third party said something apparently bad about an investment firm Stratton-Oakmont. Stratton-Oakmont didn't like that very much, and sued. more

In Response to CADNA: Cybersquatting is Not Criminal But a Civil Matter

The Coalition Against Domain Name Abuse (CADNA) recently released a statement that implied that cybersquatting is a criminal activity. It said, "CADNA has been working diligently to further international and national policies that combat the practice of cybersquatting... As brands continue to learn about the prevalence and practice of online criminal activities..." While, Internet Commerce Association (ICA) vigorously opposes cybersquatting, it is important to note that cybersquatting is a civil matter, not a criminal one. There is a good reason that cybersquatting is a civil matter... more

Romney Emails Hacked

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

U.S. Lawmakers Wary of Kaspersky Lab, the Russian Cybersecurity Firm

U.S. Congress is growing increasingly suspicious of the popular Russian anti-virus software provider, Kaspersky Lab. more

Is Australia a Hot-Bed of Zombie Activity?

About a week ago, I posted that Australia was getting ISPs to boot infected computers off of their network. I commented on whether or not this was a good policy. However, there was one thing in that article that I wanted to comment on but didn't... more

The Tale of Thousands of Hacked Modems in Brazil, Affecting Millions

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