Banks love it when their customers do their transactions on line, since it is so much cheaper than when they use a bank-provided ATM, a phone call center, or, perish forbid, a live human teller. Customers like it too, since bank web sites are usually open 24/7, there's no line and no need to find a parking place. Unfortunately, crooks like on line banking too, since it offers the possibility of stealing lots of money. How can banks make their on line transactions more secure? more
On November 2, 2009, Microsoft released its seventh edition of the Security and Intelligence Report (SIR). The SIR provides an in-depth perspective on the changing threat landscape including software vulnerability disclosures and exploits, malicious software (malware), and potentially unwanted software. Using data derived from hundreds of millions of Windows computers, and some of the busiest online services on the Internet, this report also provides a detailed analysis of the threat landscape and the changing face of threats and countermeasures and includes updated data on privacy and breach notifications. The following is an excerpt from the SIR, pp 29-32, about the Conficker worm and the industry response that showed an incredible amount of collaboration across vendors. more
Phishing is when bad guys try to impersonate a trusted organization, so they can steal your credentials. Typically they'll send you a fake e-mail that appears to be from a bank, with a link to a fake website that also looks like the bank. Malware offers another more insidious way to steal your credentials, by running unwanted code on your computer... I like VeriSign's characterization of this kind of malware as an insecure endpoint, the PC which is the endpoint of the conversation with the bank isn't actually under the control of the person who's using it. more
As you may know, there are two laws currently being discussed in Canadian legislative assemblies: Senate Bill S-220, a private member’s bill with private right of action and criminal remedies; Parliamentary Bill C-27, tabled by the government, with private right of action, coordination between various enforcement agencies... more
Mike Hammer's thoughtful article, A Few Thoughts on the Future of Email Authentication, should trigger thoughtfulness in the rest of us. Email abuse has been around a long time. Anti-abuse efforts have too. Yet global abuse traffic has grown into the 90+% range, with no hint of trending downward. The best we hear about current effectiveness is for last-hop filtering, if you have the money, staff and skills to apply to the problem... more
Internet users are acutely aware of their exposure on the Internet and clearly concerned about their safety. Increased downloads of scareware as Conficker made headlines in the mainstream media are only the latest evidence. Desktop software is often viewed as a one-stop shop for fighting Internet threats such as viruses, worms and other forms of malware and phishing. These solutions have served us well but more protections are needed to address the dynamic and increasingly sophisticated web based exploits being launched... more
With the Online Trust Alliance Town Hall Meeting and Email Authentication Roundtable next week as well as the RSA Conference, I decided to pause and think about where we are and where we might be headed with regard to email authentication. Over the years, many of us have collectively worked to provide a framework for authenticating email... more
While most people I know are at either VoiceCon or CTIA this week, this one is worth staying home for. Also, I'm sure all the Skype followers are focused today on the news about working with the iPhone -- and that IS a big story. However -- for very different reasons -- I'm sure you'll find this one of interest too. This was a front page story in today's Globe and Mail, and no doubt many other Canadian dailies... more
The Conficker worm will be active again on April 1st, according to an analysis of its most recent variant, Conficker.C, by the net security firm CA. This malicious piece of software, also known as Downup, Downadup and Kido, spreads among computers running most variants of the Windows operating system and turns them into nodes on a multi-million member ‘botnet’ of zombie computers that can be controlled remotely by the worm’s as yet unidentified authors. more
In the U.S., it is a federal crime to use malware to intentionally cause "damage without authorization" to a computer that is used in a manner that affects interstate or foreign commerce. Most, if not all, U.S. states outlaw the use of malware to cause damage, as do many countries. The Council of Europe's Convention on Cybercrime, which the United States ratified a few years ago, has a provision concerning the possession of malware. Article 6(1)(b) of the Convention requires parties to the treaty to criminalize the possession of malware "with intent that it be used for the purpose of committing" a crime involving damage to a computer or data... more
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