Threat Intelligence

Major Organizations Overlooking High Priority Security Risks, Too Much Focus on OS

According to a new security report released today by SANS Institute, TippingPoint and Qualys, the number of vulnerabilities found in applications in the last few years is far greater than the number of vulnerabilities discovered in operating systems. "On average, major organizations take at least twice as long to patch client-side vulnerabilities as they take to patch operating system vulnerabilities. In other words the highest priority risk is getting less attention than the lower priority risk." more

ICANN Hires Cryptography Legend Whit Diffie

Pioneering cryptographer Whitfield 'Whit' Diffie has joined the Internet Corporation for Assigned Names and Numbers (ICANN) as Vice President for Information Security and Cryptography. Diffie will provide advice on general security matters related to ICANN's mandate, and to ICANN in the design, development and implementation of security methods for ICANN-managed networks. He will oversee the continuous improvement and 'best practices' process for information security and cryptography. more

MANRS Observatory: Monitoring the State of Internet Routing Security

Routing security is vital to the future and stability of the Internet, but it's under constant threat. Mutually Agreed Norms for Routing Security (MANRS) is a global initiative, driven by the networking community and supported by the Internet Society, aiming to reduce the most common threats to the Internet's routing system through technical and collaborative action. more

Nitro Attacks Target the Chemical Industry

New security report has revealed at least 48 companies involved in research, development, manufacturing of chemicals and advanced materials have been victims of a coordinated cyberattack traced to a source in China. The purpose of the attacks, code named Nitro, appear to be industrial espionage, collecting intellectual property for competitive advantage, according to Symantec. more

Canadian Energy Firms at Bigger Risk of Cyberattack

The Canadian Security Intelligence Service (CSIS) is reported to have warned companies about an increasing risk of cyber espionage and attacks on pipelines, oil storage and shipment facilities. more

There is Always a Back Door

A long time ago, I worked in a secure facility. I won't disclose the facility; I'm certain it no longer exists, and the people who designed the system I'm about to describe are probably long retired. Soon after being transferred into this organization, someone noted I needed to be trained on how to change the cipher door locks. We gathered up a ladder, placed the ladder just outside the door to the secure facility, popped open one of the tiles on the drop ceiling, and opened a small metal box with a standard, low-security key. more

Bruce Schneier: The Threat of Cyberwar Grossly Exaggerated

Security expert Bruce Schneier in a blog post today writes: "It's about who is in charge of cyber security, and how much control the government will exert over civilian networks. And by beating the drums of war, the military is coming out on top. ... General Keith Alexander, the current commander of the U.S. Cyber Command, hypes it every chance he gets. This isn't just rhetoric of a few over-eager government officials and headline writers; the entire national debate on cyberwar is plagued with exaggerations and hyperbole." more

Intel to buy McAfee for $7.68 Billion, Biggest Acquisition in 42-Year History

Intel plans to buy security company McAfee for $7.68 billion -- the biggest acquisition in its 42-year history. The chipmaker said Thursday it has entered into a definitive agreement to buy all of McAfee's common stock at $48 per share in cash. McAfee's stock closed Wednesday at $29.93, making Intel's offer a 60 percent premium. The boards of both companies have approved the deal. more

Malware Detection Declining, Anti-Phishing Filters Detect Less than 50% of Attacks, Says Report

A study comparing best-of-breed computer security vendors suggests more than half of active malware and phishing threats on the Internet go undetected, with an average detection rate of 37% for malware and 42% for phishing. "Given the dynamic nature of today's online threats and the traditionally reactive approach taken by today's malware and phishing detection technology, conventional signature-based solutions are inherently at a disadvantage to keep up," said Panos Anastassiadis, CEO and Chairman of Cyveillance. "Because the majority of damage occurs during the first 24 hours of an attack, early detection of attacks is crucial." more

NIST Issues Smart Grid Cybersecurity Guidelines

The National Institute of Standards and Technology (NIST) issued today its first Guidelines for Smart Grid Cyber Security, which includes high-level security requirements, a framework for assessing risks, an evaluation of privacy issues at personal residences, and additional information for businesses and organizations to use as they craft strategies to protect the modernizing power grid from attacks, malicious code, cascading errors, and other threats. more

New Research Reveals 56% Rise in Cost of Cybercrime

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

ITU Putting Global Cyber Security on Top of Its Agenda

Lisa Schlein of the Voice of America reports: "A new system for tackling the growing number of Global Cyber Attacks has been unveiled at ITU Telecom World 2009, a mammoth exhibition, which showcases the latest advances in ICT or information and communications technology. The International Telecommunications Union, which is sponsoring the event, has put global cyber security at the heart of its agenda. 'As you well know, the next world war could happen in the cyber space and that would be a catastrophe,' said ITU secretary-general, Hamdoun Toure." more

Pokemon Go Server Outage, Hacking Group Claims Credit

OurMine claims credit for DDoS attack on Pokemon Go servers: Several news outlets have reported the hacking group OurMine - also notorious for compromising social media accounts of various celebrities - on Monday took responsibility of hacking the game servers. more

Over 3.2 Million Debit Cards May Have Been Compromised, Says National Payment Corporation of India

A total of 3.2 million debit cards across 19 banks may have been compromised as a result of a suspected malware attack. The breach, possibly largest of its kind in India, was confirmed by the National Payment Corporation of India (NPCI) in a statement today. more

Senior U.S. and Chinese Officials Conclude Four-Day Meeting on Cyber Security

Senior U.S. and Chinese officials concluded a four day meeting on Saturday discussing cyber security issues ahead of Chinese President Xi Jinping's visit to Washington later this month. more