Cyber Criminals Most Wanted

Banks and Utilities Possible Targets from Wave of Syrian Cyber Attacks

The U.S. is planning for a possible wave of computer attacks against companies by hackers connected to Syria or Iran in retaliation for any military strike against the government of Bashar al-Assad, according to a person familiar with the planning.

The National Security Agency has tapped hackers’ computers in the Middle East to assess their ability to disrupt power grids, financial systems or other critical infrastructure, according to another person familiar with those operations.

The preparations, part of wide-ranging plans by the Pentagon, took on added urgency after this week’s attack on the New York Times’ website by the Syrian Electronic Army, […]

By cyber|August 29th, 2013|Cyber News|0 Comments

Syrian Electronic Army claim ‘take over’ of Twitter and New York Times in Cyber Attacks

Hacker group the Syrian Electronic Army “took over” the domain name of Twitter yesterday as it unleashed a series of cyber attacks on news organisations.

The group, which supports the regime of President Assad, also claimed successful attacks on the New York Times and Huffington Post on Tuesday.

Last night, Twitter’s status blog confirmed that its “DNS (domain name system) provider experienced an issue in which it appears DNS records for various organisations were modified, including one of Twitter’s domains used for image serving”.

The SEA’s own Twitter feed warned of the attacks by posting a message saying “Media is going down”.

According to […]

By cyber|August 28th, 2013|Cyber News|0 Comments

Warning of Major Cyber Event by Outgoing US Homeland Security Secretary Janet Napolitano

Outgoing United States Homeland Security Secretary Janet Napolitano today warned of a “major cyber event” in the future that would have a “serious” impact on American society.

In what she described as “a kind of open letter to my successor,” Napolitano warned of terrorist threats, major weather events as a result of climate change and the need to strengthen united states border security.

“Our country will, for example, at some point, face a major cyber event that will have a serious effect on our lives, our economy, and the everyday functioning of our society,” she said.

Napolitano, who resigned in July and will […]

By cyber|August 27th, 2013|Cyber News|0 Comments

New figures reveal extent of Cybercrime in UK

The University oF Kent in the UK has revealed new figures to show the extent to which Cybercrime affects people in the UK.

Nearly one in five people have had their online accounts hacked with some people losing more than £10,000 ($15000) due to criminal activity.

The findings are part of a Survey on Cyber Security, which revealed that despite the minority being affected by online crime, those that were suffered considerable losses.

Dr Julio Hernandez-Castro, from the Centre for Cyber Security, said:

“These up-to-date survey results on how cybercrime is affecting British citizens will undermine some misconceptions and make it easier to understand […]

By cyber|August 26th, 2013|Cyber News|0 Comments

Cybercrime Productivity Tools

Stealing ten million dollars a few hundred dollars at a time used to be too labor-intensive to be a great business. Not anymore. The Internet and advances in semiconductor technology are revolutionizing theft and fraud. Thieves can now steal tens of millions of dollars at very high profit margins from low-value targets–at very low cost to themselves.

The recent indictment of a global hacker ring by federal prosecutors is a harbinger of cybercrime’s future. The ring stole 160 million credit card numbers and sold the data for about $10 per USA card. The same group stole information on 800,000 bank accounts. […]

By cyber|August 26th, 2013|Cybercrime|0 Comments

Ex-Soviet Hackers Play Outsized Role in Cyber Crime World

(Reuters) – If you want to hack a phone, order a cyber attack on a competitor’s website or buy a Trojan program to steal banking information, look no further than the former Soviet Union.

The breadth and sophistication of services sold on Russian-language websites such as Forum.zloy.bz or Forum.evil offer a small window onto a Russian criminal underground that is costing Western firms billions of dollars in credit card and online banking fraud as well as “phishing” attempts to lure people into downloading malware or disclosing passwords.

“If you look at the quantity of malware attacks, the leaders are China, Latin America […]

By cyber|August 23rd, 2013|Cyber News|0 Comments

Windows 8 prone to Cyber Attacks

A German government technology agency has warned that new security technology in computers running Microsoft’s Windows 8 operating system may actually make PCs more vulnerable to cyber threats, including sabotage.

Responsible for the vulnerability, according to a statement published on a website of Germany’s Federal Office for Information Security (BSI), is a computer chip known as the Trusted Platform Module, or TPM 2.0.

The TPM 2.0, built into Windows 8 computers, was originally designed to do the exact opposite – to improve protection of PCs by interacting with a variety of security applications.

However, the BSI – Germany’s established advisor in matters of […]

By cyber|August 23rd, 2013|Computer Security|0 Comments

The Legal Community has Become Part of the Cyber Security Equation, “But Don’t Run Before You Can Walk,” says Global Digital Forensics Founder

There is no doubt that successful cyber attacks can have substantial legal repercussions on victimized organizations, and that fact alone gives legal counsel, whether in-house or sourced from outside, an important seat at the table when cyber security lands in the spotlight of litigation. But, “Having a seat at the cyber security table and being at the head of the table are two very different things in our dangerous digital world,” says Joe Caruso, founder and CEO/CTO of Global Digital Forensics, responding to a recent industry article in Corporate Counsel.
The stakes in the cyber security game have never been higher. […]

By cyber|August 23rd, 2013|Cyber Law|0 Comments

McAfee Threats Report: Second Quarter 2013

SANTA CLARA, Calif., Aug 21, 2013 (BUSINESS WIRE) — McAfee Labs today released the McAfee Threats Report: Second Quarter 2013, which found that Android-based malware achieved a 35 percent growth rate not seen since early 2012. This rebound was marked by the continued proliferation of SMS-stealing banking malware, fraudulent dating and entertainment apps, weaponized legitimate apps and malicious apps posing as useful tools. McAfee Labs registered twice as many new ransomware samples in Q2 as in Q1, raising the 2013 ransomware count higher than the total found in all previous periods combined.

By cyber|August 22nd, 2013|Cyber News|0 Comments

FBI Cyber Team claims victory over Anonymous

The notorious hacktivist group Anonymous has been essentially neutralized according to the FBI, which cited a series of arrests as putting a damper on the group’s influence.

The FBI believes that the identification and subsequent arrests last year of five members of “Lulz Security” – described as a powerful player within the largely amorphous Anonymous collective – have acted as a “huge deterrent effect,” according to Austin P. Berglas, the assistant special agent in charge of the bureau’s cyber division in New York.

All five members of Lulz Security, which was at least at the time considered one of the most legitimate […]

By cyber|August 22nd, 2013|Cyber News|0 Comments

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