Cybercrime

Belkin’s ‘Smart Home’ system has security flaws which could ‘black out’ homes – or start fires

Belkin’s WeMo home automation systems contain multiple vulnerabilities which could allow attackers to remotely control devices attached to a WeMo system – for instance, blacking out lighting in a home, or even starting fires, researchers have claimed.

Silk Road 2.0 drug market hit, millions stolen from bitcoin reserve

A large scale cyber-theft has drained the relaunched ‘online drug bazaar’ Silk Road 2.0 of nearly all of its Bitcoin reserves – estimated to be worth $2 million or even more. The site relied on bitcoin to help anonymize transactions.

Personal email and cloud storage pose ‘biggest threat’ to corporate data, report claims

Nearly two-thirds of employees – 63% – use personal email to transfer work files, potentially leaving workplaces exposed to hacks against their accounts – and more than half of employees regularly transfer files by insecure channels.

Worldwide cost of identity theft could be $5 billion per year, Microsoft survey finds

A Microsoft survey of 10,000 consumers found that the worldwide annual cost of identity theft and phishing could be as high as $5 billion – and the cost of repairing damage to people’s reputation online could be even higher.

Half of children left exposed to online threats as parents fail to use built-in controls

Less than half of parents use parental controls on internet-enabled devices bought for their children – leaving millions of youngsters potentially exposed to online threats, according to new research.

Phishy business: Surge in tax scams as emails rise by nearly 50% in one year

Fraudulent emails offering refunds of overpaid tax have surged by nearly 50% in the past year, according to a report by Accountancy Age. Customers reported 23,347 phishing emails to the British tax authorities in the three months before the deadline.

American law firm admits entire server of legal files fell victim to Cryptolocker

A small American law firm has admitted that every document on a server at the North Carolina company has fallen prey to the Cryptolocker ransomware, according to a report by local station WSO CTV.

Facebook’s ‘A Look Back’ video used as bait for malware, report claims

A fake version of Facebook’s 10th anniversary celebration video page, ‘A Look Back’ is spreading via the social network, with users directed instead to another website, where they are prompted to download files.

U.S. hotel firm ‘knew of credit card breach for two weeks’ before going public

Managers at White Lodging, a hotel management firm that works with various brands including Hilton, Marriott, Westin, Sheraton and Hyatt, may have known of a major credit card data breach for two weeks before details were made public.

Cellphone-sized $20 gadget can remote-control car electronics, researchers claim

A tiny, cheap gadget which can ‘hack’ into the network of modern cars to receive radio commands ranging from controlling steering and brakes to switching off headlights is to be shown off at the Black Hat Asia security conference in Singapore next month.

Target attackers ‘broke in using log-in from air-con contractor’

Attackers involved in the Target breach, which led to the theft of 40 million debit and credit card details late last year, broke into the retailer’s network via a heating and air-conditioning contractor, according to a new report.

Weak passwords and ancient software left U.S. Government data vulnerable, DHS report finds

Weak passwords and rarely updated software are a recurring theme behind the 48,000 cyber incidents reported to the Department of Homeland Security – including the theft of data on the nation’s weakest dams by a “malicious intruder”, a DHS report has found.

California students expelled for using a keylogger to hack teachers’ computers

Eleven high school students have been expelled after being caught bugging their teachers’ computers with a key logger device to change their grades.

Hotel franchise hit by credit card hack

White Lodging, a hotel management firm that works under brands including Hilton and Marriott, has suffered a credit card hack revealing customers’ details.

Myths of the Target Breach

One of the realities of news that happens at Internet-speed is that it may not be wholly accurate. Much of what has come out about the Target breach contains factual errors that may not seem obvious, especially as they are repeated by many news outlets. So let us take a moment to examine some of the more common myths that have been flying around.

Russian creator of ‘SpyEye’ malware pleads guilty to bank fraud

The FBI has announced the arrest and charge of Alexsandr Panin, 24, a Russian hacker who developed the SpyEye trojan and used it to steal financial information and money from around the world.

FBI makes arrests in global email-hacking ring

The FBI has announced several arrests in a worldwide coordinated effort to break up a gang of email ‘hackers for hire’.

Microsoft has law enforcement documents stolen in phishing attack

Hackers have stolen documents relating to law enforcement inquiries, through phishing attacks on employee emails, Microsoft has announced.

Art store Michaels is latest retailer hit by credit card hackers

Arts and crafts retail chain Michaels has revealed that it may have been the victim of a “data security attack”, similar to those at Target and Neiman Marcus in recent weeks.

Neiman Marcus breach even worse than first thought – million cards hit over several months

Luxury retailer Neiman Marcus has revealed that a breach which led to customer payment cards being used for fraud after shopping in its stores was far worse than first revealed – with 1.1 million cards affected over several months.

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19 Feb 2014
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