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As hacking groups such as Anonymous and LulzSec continue to make headlines, many of us in the Information Security field can only sit back and shake our heads. The large number of successful system breaches, web site defacements, and the publication of confidential data is not at all surprising, and for the most part was only a matter of time. more
Unlike traditional attacks by hackers which breach a business's security systems, resulting in defaced websites, intellectual property theft and/or customer data theft, a DDoS attack focuses on making a business's Internet connected infrastructure (e.g. web servers, email servers, database servers, FTP servers, APIs, etc.) unavailable to legitimate users. A business's brand reputation, which can take years to establish, can be swept away in just a few hours from a single DDoS attack in the same way a natural disaster like a flood or earthquake can impact a traditional brick and mortar business. more
New research indicates cyberattacks increasingly plague businesses and government organizations, resulting in significant financial impact, despite widespread awareness. Conducted by the Ponemon Institute, the Second Annual Cost of Cyber Crime Study revealed that the median annualized cost of cybercrime incurred by a benchmark sample of organizations was $5.9 million per year, with a range of $1.5 million to $36.5 million each year per organization. This represents an increase of 56 percent from the median cost reported in the inaugural study published in July 2010. more
While reading Reuters I came across a news article indicating that a number of high profile agencies - from the United Nations to the Canadian Government to government of Taiwan - were broken into over a period of the past five years. ... I'll say it right now, even though I haven't been briefed on it. It was China. more
The U.S. Department of Transportation (USDOT), Research and Innovative Technology Administration (RITA) and Volpe National Transportation Systems Center (Volpe Center), today released a Request for Information (RFI) seeking to obtain informed views on the "perceived needs, prevailing practices, and lessons learned concerning the cybersecurity and safety of safety-critical electronic control systems used in various modes of transportation and other industry sectors."
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In its second quarter 2011 earnings call, Verisign announced that Mark McLaughlin has submitted his resignation to become the CEO of a private company. His last day with the company will be August 25, 2011. Mark concluded his board service at the regularly scheduled board of directors meeting on July 27, 2011 and resigned as president and chief executive officer effective August 1, 2011. Jim Bidzos, Verisign's founder and previous CEO, will become the president and chief executive officer effective August 1, 2011. more
The Internet is slowly beginning to adopt the new DNSSEC domain names standard, but significant challenges remain. That was the main takeaway from a four-hour workshop on the technology held during the recent ICANN 41 public meeting in Singapore, which heard from many domain registries, registrars and other infrastructure providers. more
Web applications, on average, experience twenty seven attacks per hour, or roughly one attack every two minutes, according to the newly released Imperva Web Application Attack Report. Report also notes that when websites came under automated attack they received up to 25,000 attacks in one hour, or 7 attacks every second. more
DNSSEC is a hot topic. It's a technology newly unleashed on popular networking, which has led to countless articles and posts on the subject, including right here on CircleID. The way a lot of articles try to get your attention is to talk about a technology, like DNSSEC, in a way that makes the technology either seem really significant or really complicated. That is why a lot of articles about DNSSEC make it sound like something huge, complicated, and scary. But it's not. more
The United States and India signed a Memorandum of Understanding (MOU) today to promote closer cooperation and the timely exchange of information between the organizations of their respective governments responsible for cybersecurity, according to U.S. Department of Homeland Security. "The MOU was signed in New Delhi by Jane Holl Lute, Deputy Secretary for the U.S. Department of Homeland Security (DHS) and R. Chandrashekhar, Secretary, India Department of Information Technology." more
The Associated Press published an article today that the Pentagon revealed that earlier this year, they suffered one of its largest ever loss of sensitive data to a foreign government by a cyberattack. ... It's hard to say what's right and what's wrong. On the one hand, the Secretary of Defense says that the cyberwar is very real. On the other hand, the cyberczar Howard Schmidt said that there is no cyberwar and instead government needs to focus its efforts to fight online crime and espionage... more
The OECD held a "high-level" meeting in June 2011 that was intended to build upon the OECD Ministerial on The Future of the Internet Economy held in Seoul, Korea in June 2008. I was invited to attend this meeting as part of the delegation from the Internet Technical Advisory Committee (ITAC), and here I'd like to share my impressions of this meeting. This 2 day meeting, "The Internet Economy: Generating Innovation and Growth", had the objective of exploring a number of current issues in the public policy space... more
ICM Registry announced this week it has struck a deal with McAfee for a free malware scan for every .XXX domain. The deal would include McAfee's "trustmark" and date stamp, ICM said. Every .XXX domain will be scanned for vulnerabilities such as SQL injection, browser exploits and phishing sites, reputational analysis and malware, Stuart Lawley, CEO of ICM Registry, said in a statement. more
Ever since I heard of the new generic Top-Level Domains (gTLDs), I wondered whether they would be prone to abuse. For example, Microsoft might want to register www.microsoft.microsoft, or Sony might want to register www.sony. But isn't this opening up the floodgates for spammers to register their own domains and squat on them? Why couldn't a spammer register www.cit.ibank? They could then send phishing messages and fool people into clicking very legitimate looking domains. But I don't think this will be a problem. more
The recent announcement of a 13-year old security flaw found in an Open Source security library has renewed the debate between open source and closed source software. The library, crypt_blowfish, allows for fast two-way password encryption. The flaw introduces the potential for passwords to be easily compromised and affects PHP and a number of Linux distributions that include the crypt_blowfish library. more
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