Cybercrime

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.

Cyber and Telecommunications Defence One of the Fastest Growing Industries in the World

In the past five years, cyber and telecommunications defence has left its niche market to become one of the fastest growing industries in the world. In 2011, governments, industry and ordinary computer users spent roughly £65 billion shoring up their computer networks, a figure that is predicted to double within five years.

Eugene Kaspersky: World Needs International Agreements On Cyber-Weapons

Eugene Kaspersky has warned global leaders that the world needs international agreements about cyber-weapons in the same way as it needs agreements about nuclear or biological weaponry. The chairman and chief executive officer of Kaspersky Lab, warned delegates at CeBIT Australia that cyber-warfare and terrorism was the number one internet threat facing the world today. He said the Stuxnet industrial virus had demonstrated that cyber-weapons were capable of damaging physical infrastructure, and were "a thousand times cheaper" to develop than conventional weaponry.

Microsoft and Financial Services Groups Disrupt Zeus Botnet Servers

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."

FCC Releases New U.S. Anti-Bot Code

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.

NATO Announces 58 Million Euro Investment in Cyber Defence

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.

Study Links Half of “Rogue” Online Pharmacies to Two Domain Name Registrars

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."

No New Cybersecurity Regulations Needed, ISPs Tell U.S. Lawmakers

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.

DNSChanger Trojan Still Running on Half of Fortune 500s, US Govt

More than two months after authorities shut down a massive Internet traffic hijacking scheme, the malicious software that powered the criminal network is still running on computers at half of the Fortune 500 companies, and on PCs at nearly 50 percent of all federal government agencies, new research shows," reports Brian Krebs.

Public-Private Cooperation Policy for Cyber Security Suggested by Commissioner Kroes

At a speech during the Security and Defense Agenda meeting on 30 January Vice-President of the European Commission, Neelie Kroes, showed how the Commission envisions public-private cooperation on cyber security.

Japan Developing Distinctive Anti-Cyberattack Virus

The Japanese Defense Ministry is creating a computer virus capable of tracking, identifying and disabling sources of cyberattacks, according to reports. The development of the virtual cyberweapon was launched in 2008. Since then, the weapon has been tested in a closed network environment. "The most distinctive feature of the new virus is its ability to trace cyber-attack sources. It can identify not only the immediate source of attack, but also all "springboard" computers used to transmit the virus."

White House Announces Agenda for Game-Changing Cybersecurity R&D

The United States White House Office of Science and Technology Policy (OSTP) has released a new report titled, Trustworthy Cyberspace: Strategic Plan for the Federal Cybersecurity Research and Development Program, specifying an agenda for "game-changing" cybersecurity R&D according to an official announcement today. The report is described as "a roadmap to ensuring long-term reliability and trustworthiness of the digital communications network that is increasingly at the heart of American economic growth and global competitiveness."

Mobile Malware Growing Exponentially, Limited Capability of Current Security Solutions Big Concern

Security analysis suggest troubling and escalating trends in the development of malware that exploits vulnerabilities on mobile devices. "From turning mobile devices into bots, to infiltration of mobile applications, driven by the use of personal devices in the workplace, cybercriminals are taking full advantage of this market," reports M86 Security Labs in its just released Threat Predictions Report.

Mega International DNS Malware Operation Dismantled, Reports FBI

FBI today announced six Estonian nationals have been arrested and charged with running a sophisticated Internet fraud ring that infected millions of computers worldwide with a virus and enabled the thieves to manipulate the multi-billion-dollar Internet advertising industry. Users of infected machines were unaware that their computers had been compromised -- or that the malicious software rendered their machines vulnerable to a host of other viruses.

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.