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I recently shared at a conference how a seasoned brand and fraud expert from one of the world's largest global financial institutions lamented a major attack where multiple fraudulent websites would pop up every single day. All attacks were launched from the same registrar and web hosting company, and no matter how much they reached out to these providers, they received the same reply: "we will pass on your request to the registrant or site owner," and then nothing happened. more
In a big open office 30 feet from me, a team of US Veterans speak intently on the phone to businesses large and small, issuing urgent warnings of specific cyber security threats. They call to get stubborn, confused people to take down hidden ransomware distribution sites. They call with bad news that a specific computer at the business has malware that steals login credentials. more
The premise of crowdsourcing the task of uncovering new bugs and vulnerabilities in an organization's web applications or consumer products sounds compelling to many. What's not to like with the prospect of "many eyes" poking and prodding away at a corporate system for a minimal reward -- and preemptively uncovering flaws that could have been exploited by hackers with nefarious intent? more
The United States Computer Emergency Readiness Team (US-CERT) has acknowledged that they are aware of the publicly available exploit code for a cache poisoning vulnerability in common DNS implementations. US-CERT is re-emphasizing the urgency of patching vulnerable DNS systems. more
In the past seven years, the number of people online has essentially doubled, from 1.7 billion in 2009 to about 3.4 billion today. New and innovative services have also emerged and people and companies around the world are using the Internet in ways barely imagined at the turn of the decade. Looking ahead to the next five to seven years, there are many forces at work that could have a significant impact on the Internet. more
New research from the Anti-Phishing Working Group (APWG) has found that up to 81% of domain names used for phishing are legitimate domains that have been hacked. More specifically, out of the 30,454 phishing domains under observation, only 5,591 domain names (18.5%) were registered by phishers according to APWG. The remaining small percentage of the domains used in phishing belonged to subdomain resellers such as ISPs and other web-based services. more
Around the world, the growing sophistication of cyber criminals is challenging the capacity of governments, businesses and individuals to defend themselves. In the Caribbean, governments are forging strategic partnerships with regional actors like the Caribbean Telecommunications Union (CTU) and the Caribbean Network Operators Group (CaribNOG), the region's largest volunteer-based community of network engineers, computer security experts and tech aficionados. more
The only Cyber law passed in Pakistan till date is the famous ETO-2002 (Electronic Transaction Ordinance - 2002). It required Ministry of IT&T to set up a Central Repository for all digital certificates and in addition to set up a body to be named as Electronic Certification Accreditation Council (ECAC) to accredit Electronic Certification Authorities to be established in the country... In this regard, government has not only closed its eyes and has blindly trusted the only certificate authority (CA) in the country operated by a private business group, it has also mandated the citizens and business to trust it. Case in point is Central Board of Revenue (CBR) that has told all taxpayers to digitally sign the emails using the certificates issued by this private party... more
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. more
US hospitals have been severely affected by a substantial cyberattack, leading to the closure of emergency rooms in multiple states and the redirection of ambulances. more
Trust is the lifeblood of the Internet and central to everything that is done here. In order for the current 3.5 billion users to continue using the Internet and its services, and for the next billion users to connect to the Internet, trust is required. The importance of trust is seen even more in Africa where, though there is a high growth of Internet users, the e-commerce uptake rate is very low. Users are very reluctant to carry out financial transactions over the Internet because of fear of being attacked by cybercriminals. more
A new report warns that unless government and private sector decision makers begin developing specific procedures and trust now against cyber-enabled economic warfare (CEEW), the United States will find itself flat-footed during a major cyber event. more
As you probably know, the FBI has gotten into Syed Farook's iPhone. Many people have asked the obvious questions: how did the FBI do it, will they tell Apple, did they find anything useful, etc.? I think there are deeper questions that really get to the full import of the break. How expensive is the attack? Security - and by extension, insecurity - are not absolutes. Rather, they're only meaningful concepts if they include some notion of the cost of an attack. more
In a 52 page security report released by Cisco, the company has confirmed what has been consistently been observed through out this year: "the Internet-based attacks are becoming increasingly sophisticated and specialized as profit-driven criminals continue to hone their approach to stealing data from businesses, employees and consumers." The 2008 edition of the report has specified the year's top security threats and offers recommendations for protecting networks against attacks that are propagating more rapidly, becoming increasingly difficult to detect, and exploiting technological and human vulnerabilities. more
Encryption is key to commerce online. Anything that weakens it is a threat to the digital economy, so the FBI vs Apple case is something that a lot of people are watching very closely... The most recent development is that Apple has filed "Motion to Vacate the Order Compelling Apple Inc. to Assist Agents in Search, and Opposition to the Government's Motion to Compel Assistance." Legal filings aren't light bedtime reading, but this one explores the legal issues as well as the privacy and security implications from multiple angles and underlines why this case is so important. more
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