Cybersecurity

Ukraine’s Power Outage Due to Cyberattack, Says Country’s National Power Company

A power blackout in Ukraine's capital Kiev last month was caused by a cyber attack, according to Ukraine's National power company, Ukrenergo which hired investigators to help it determining the cause. more

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

ANA: Concerns About ICANN’s New gTLD Plans Growing and Very Serious

In a recent blog post, Dan Jaffe, Association of National Advertisers' Executive VP of Government Relations, shares some concerns about ICANN's "overly rapid Top Level Domain rollout". more

Bangladesh Central Bank Governor Quits Amidst One of the Largest Cyber Heists

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

UK First Country to Implement Cybersecurity Laws for Smart Devices, Including Banning Easily Guessable Default Passwords

Today UK's new consumer protection laws against hacking and cyber-attacks officially take effect. This legislation, a global first, mandates that all internet-connected smart devices - from smartphones and game consoles to connected refrigerators - meet stringent security standards. 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

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

New Research Reveals Over 340 Million Accounts Compromised in the First Four Months of 2023

Recent research conducted by the Independent Advisor reveals that a significant number of accounts, exceeding 340 million, have been compromised due to business data breaches within the first four months of 2023. Notably, Twitter experienced the largest breach this year, impacting approximately 235 million user accounts. 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

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

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

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

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

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