More than 420,000 scam emails are sent every hour in the UK according to a report published by Card Protection Plan Limited (CPP). The study estimates that Britons were targeted by 3.7 billion 'phishing' emails in the last 12 months alone. And a quarter of people admit to falling victim to e-fraudsters, with the average victim losing over £285 each. more
Senior U.S. and Chinese officials concluded a four day meeting on Saturday discussing cyber security issues ahead of Chinese President Xi Jinping's visit to Washington later this month. more
Security researches report seeing as much unique malware in the first half of 2009 as seen in all of 2008. "This is quite something when you consider that in 2008 we saw the greatest ever growth in malware," says David Marcus of McAfee Avert Labs. More specifically, Marcus in a blog post writes that the numbers add up to an average of 200,000 unique pieces malware monthly or more than 6,000 a day. "Bear in mind these are malware we consider unique (something we had to write a driver for) and does not count all the other malware we detect generically or heuristically... When you add in the generic and heuristic detections the number becomes truly mind boggling," writes Marucs. more
A total of 3.2 million debit cards across 19 banks may have been compromised as a result of a suspected malware attack. The breach, possibly largest of its kind in India, was confirmed by the National Payment Corporation of India (NPCI) in a statement today. more
C-SPAN interviews professor Gene Spafford from Purdue University on the topic of cybersecurity and how the current Internet is a conduit for all types of "cybercrime". He also talks about the much discussed article "A New Internet?" by John Markoff in the February 14, 2009, New York Times in which he was quoted. The piece argued for a new type of Internet that is more secure with the trade-off of users giving up more of their anonymity. Professor Spafford talks about alternative solutions and he responded to questions via telephone calls and email. more
In a speech today from the White House, President Obama declared that the United States' computers and digital networks are strategic national assets and that he will personally appoint a cybersecurity coordinator to oversee the effort to protect this critical infrastructure. more
Kevin Murphy reporting in DomainIncite: "Interpol plans to apply to join ICANN's Governmental Advisory Committee as an observer, according to ICANN. The news came in a press release this evening, detailing a meeting between ICANN president Rod Beckstrom and Interpol secretary general Ronald Noble. The meeting 'focused on Internet security governance and enhancing common means for preventing and addressing Internet crime'." more
FBI in a joint operation with the Czech police, arrested a Russian citizen in Prague on Wednesday in connection with attempted cyber-attacks against the United States. more
Amidst hype and anticipation of the Conficker worm which is expected to become active in millions of Windows system within the next few hours, IBM Internet Security Systems team reports they have been able to locate infected systems across the world by reverse-engineering the communications mechanisms. Holly Stewart, X-Force Product Manager at IBM Internet Security Systems, writes: "... the details are still unfolding, but we can tell you from a high level where most infections are as of today. Asia tops the charts so far. By this morning, it represented nearly 45% of all of the infections from our view. Europe was second at 31%. The rest of the geographies held a much smaller percentage overall." more
Nobody loves a good crisis more than a hacker and, by anyone's definition, coronavirus is a big, fat stinking crisis that almost everyone on earth is sitting in the middle of. For most of us, a crisis brings out the best. First responders and the healthcare systems are replete with stories of superhuman sacrifice and commitment to others. Unfortunately, it is this commitment to the work at hand that puts cybersecurity on the back burner and increases the chance of a breach, break-in, or general mischief. more
Bangladesh's central bank governor has resigned today amidst theft of $81 million from the bank's U.S. account, as details emerged in the Philippines that $30 million of the money was delivered in cash to a casino junket operator in Manila. more
Continued exploitation of the financial crisis to scam users with fake financial transactions services, fake investment firms, and fake legal services is the top trend to emerge for 2009 according threat predictions by McAfee. "Computer users face a dangerous one-two punch today," said Jeff Green, senior vice president of McAfee Avert Labs, McAfee's research group. "The current economic crisis is delivering a blow to our financial well-being, while malware authors are taking advantage of our distraction to deliver a roundhouse strike." more
"Three years after hackers used a spearphishing attack to successfully gain access to internal data at the Internet Corporation for Assigned Names and Numbers (ICANN), the data is still being passed around and sold on black markets for $300, complete with claims that it’s never been leaked before," reports Patrick O'Neill in CyberScoop. more
An apparently legitimate ISP in Tartu, Estonian is reported to have been serving as the operational headquarters of a large cybercrime network since 2005 according to TrendWatch, the security research arm of TrendMicro. "An Estonian company is actively administering a huge number of servers in numerous datacenters, which together form a network to commit cybercrime. It appears that the company from Tartu, Estonia controls everything from trying to lure Internet users to installing DNS changer Trojans by promising them special video content, and finally to exploiting victims' machines for fraud with the help of ads and fake virus infection warnings..." more
Brian Krebs reporting on the Krebs on Security blog: "The FBI's top anti-cyber crime official today said the agency is planning a law enforcement action against so-called 'money mules,' individuals willingly or unwittingly roped into helping organized computer crooks launder money stolen through online banking fraud." more
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