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Expect More Malware Threats Exploiting the Financial Crisis, Warn Experts for 2009

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

Obama Proposes $19 Billion for Cybersecurity in Final Budget Plan

President Obama is seeking a 35 percent increase in cybersecurity funding in his final budget to boost the capability of the federal government to defend itself against cyberattacks, reports Ellen Nakashima in the Washington Post. more

Hacked ICANN Data Still Selling on Black Market Years After Breach

"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

Apparently Legitimate Estonian ISP Operating as Large Cybercrime Hub Since 2005

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

FBI Pushing Enforcement Action Against Money Mules

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

ICANN67 Round-Up

This past meeting of the Internet Corporation for Assigned Names and Numbers (ICANN), ICANN67, was intended to be held in person in Cancun, Mexico, but was actually the first meeting to be held entirely online and virtually. It was a well-managed affair with fewer sessions than the in-person meetings and less opportunity for the community to convene and meet as individuals. The last-minute change from an in-person to a virtual meeting impacted ICANN's ability to provide translation services for the full set of UN-supported languages, Arabic, Chinese, English, French, Russian, and Spanish. more

Good Internet Hygiene During the COVID-19 Pandemic

We are all aware of the steps for mitigating the spread of the novel coronavirus (COVID-19): Wash your hands; Practice social distancing; Report exposure.But these are not the only activities to practice right now. Cyber-criminals are taking advantage of this health crisis and the emotional upheaval it creates to perpetrate their crimes. Therefore, we also need to exercise good internet hygiene. In a time of crisis or tragedy, bad actors don't slow down; their efforts amplify. more

Policy Review: Botnets are eWMD, electronic Weapons of Mass Destruction

The latest issue of Policy Review from the Hoover Institution, a public policy research center -- focused on advanced study of politics, economics, and political economy -- has an essay titled eWMDs – electronic weapons of mass destruction. The Policiy Review readers are warned that botnets should be considered a serious security problem and that "cyber attacks present a grave new security vulnerability for all nations and must be urgently addressed." more

APWG: The Internet Has Never Been More Dangerous

Anti-Phishing Working Group (APWG) released its latest Phishing Activity Trends Report today warning that the number of unique phishing websites detected in June rose to 49,084, the highest since April, 2007's record of 55,643, and the second-highest recorded since APWG began reporting this measurement. "The number of hijacked brands ascended to an all-time high of 310 in March and remained, in historical context, at an elevated level to the close of the half in June," says the report. more

Cyber Threats Accelerate: 94% of Web Browser Exploits Occur Within 24 Hours of Disclosure

Today X-Force, IBM's security research and development arm, released its 2008 Midyear Trend Statistics report that indicates cyber-criminals are adopting new automation techniques and strategies that allow them to exploit vulnerabilities much faster than ever before. The new tools are being implemented on the Internet by organized criminal elements, and at the same time public exploit code published by researchers are putting more systems, databases and ultimately, people at risk of compromise. more

Dish Network Confirms Network Outage Was a Cybersecurity Breach Impacting Customers and Employees

The satellite television provider, Dish Network is currently dealing with a cybersecurity incident that has affected its internal networks, customer support systems, and websites such as boostinfinite.com and dish.com. It is currently investigating the incident and has confirmed certain data was extracted from its IT systems as a result. more

Cameras, DVRs Used for Massive Cyberattack on French Hosting Company and Others

"Hackers infect army of cameras, dvrs for massive internet attacks," reports Drew Fitzgerald in the Wall Street Journal. more

Recursive DNS and You

In the world of DNS, there are two types of DNS servers, 'recursion disabled' and 'recursion enabled'. Recursion disabled servers, when asked to resolve a name, will only answer for names that they are authoritative for. It will absolutely refuse to look up a name it does not have authority over and is ideal for when you don't want it to serve just any query. It isn't, however, very useful for domains you don't know about or have authority over... more

Study Finds Spain Most Bot-Infected Country, Sweden Among Least Infected

According to a recent security report, Spain and the United States are the leading countries when comes to bot-infected computers. Based on data compiled from October by PandaLabs, the research arm of Panda Security, an alarming 44.49% of computers in Spain are infected with bots and United States -- a long way behind -- at 14.41%, followed by Mexico 9.37% and Brazil 4.81%. Countries least infected include Peru, the Netherlands and Sweden, all with ratios under 1 percent. more

Microsoft Data Suggests 1 Out of Every 14 Downloads is Malware

Microsoft Program Manager, Jeb Haber, reports in a blog post that from browser data collected on user downloads, 1 out of every 14 programs downloaded is later confirmed as malware. Haber says: "Consumers need information to make better decisions. That said, IE9 adds another layer of defense against socially engineered attacks that now looks at the application being downloaded -- this is in addition to the URL-based protection described above. This new layer of protection is called SmartScreen Application Reputation." more