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Cybercrime

Oculus Rift used to create “3D battlefield” for cyber defense

Pentagon officials showed off a virtual reality battlefield, using the Oculus Rift motion-sensing 3D VR headset, which turns cyber attacks into 3D visions where defenders can “look around” using the gadgets’s built in accelerometers.

Activision Blizzard attacks hidden market in game “cheats”

Activision Blizzard – makers of game hits such as Call of Duty and World of Warcraft – have taken “aggressive” legal moves against gamers who use illegal software to cheat in games – in particular, the hit strategy title Starcraft 2.

eBay breach news: Posted data dump not valid, password reset issues

As the 145 million people affected by the security breach at online giant eBay get used to the idea that their personal information may be “out there” and their passwords need to be changed, we wanted to update yesterday’s coverage of the story.

Nuclear aircraft carrier hacker pleads guilty

The leader of a gang who attacked 24 websites in search of personally identifiable information – from the unlikely confines of an aircraft carrier – has pleaded guilty.

Behind Blackshades: a closer look at the latest FBI cyber crime arrests

Blackshades is a RAT and the FBI has just arrested a lot of people involved in its use and distribution. But what’s a RAT and how will these arrests impact cyber crime?

Think cybercriminals are “evil geniuses”? Wrong – and these idiots show why

Many cybercriminals are not exactly Bond villain material – in fact, some are criminals with a level of weapons-grade stupidity that Bond villains wouldn’t even employ as henchmen.

FBI plans worldwide crackdown on cybercrime

The FBI is gearing up for a major crackdown on cybercrime, and says that arrests of major criminals will follow in weeks. Criminals in foreign countries will not be safe, a top FBI official said.

Dogecoin vault vanishes after attack – and “mysterious withdrawals”

The popular online wallet site Dogevault is offline after attackers destroyed data on the site. The impact on user funds is unknown – although site users have reported withdrawals from their accounts, some as large as 950,000 Dogecoin.

Bitly hackers stole user credentials from offsite database backup

If only two factor authentication had been used, maybe the database would never have been accessed by online criminals.

Tax identity fraudsters target third-party payroll sites: are you protected?

Tax identity fraud is on the rise this year, possibly due to criminals getting craftier in their choice of breach targets. According to a series of reports from Brian Krebs, fraudsters are now targeting third-party payroll services.

Miami teenager charged with hacking school computers in “crazy” grade-changing scheme

A Miami high school student who hacked into his school’s website to change grades is facing “years” in custody, after Jose Bautista, 18, handed a written confession to police, according to ABC News’s report.

Target’s CEO gets the chop, after retailer suffers massive data breach

US retail giant Target has announced that it is parting ways with Gregg Steinhafel, its chairman, president and CEO.

If you work in an IT department, and think that your board isn’t taking information security seriously enough, then perhaps reminding your executive team about just how badly Target has been affected by its data breach will help focus their minds.

Cyber defense: businesses need to “spy on” cybercriminals to survive

The key to a good cyber defense strategy is to improve knowledge of current threats, and risks to businesses, according to law enforcement professionals speaking at London’s Infosecurity Europe 2014 conference in London.

‘Millions’ of users at risk after AOL email breach

Anyone with an AOL email address was urged to change their password and security questions this week after a cyber attack which compromised a “significant number of user accounts” – quoted by news agency Reuters as around 2% of all AOL accounts.

Heart-breaking – or side-splitting? Online video offers worst Heartbleed advice possible

Many mainstream news outlets offered advice on dealing with the Heartbleed bug – some misleading. This week, a spoof video has finally cut to the heart of the matter, and offered the worst advice imaginable on how to deal with the bug.

Network structure must change to resist cyber attacks, warns Dr. Eric Cole

Infosecurity expert Dr Eric Cole is to urge companies to take a close look at their network structure, and change it to make attacks difficult for cyber gangs, in a speech given as he is inducted into the Infosecurity Europe Hall of Fame on May 1.

The perfect job? Dream on! Five signs a job offer is a scam

Job scams are a permanent fixture in cyberspace. Anyone who has posted their resume online has offered cyber gangs two crucial pieces of information – one, a way to contact them, and two, the fact they’re in need of a job.

Bad business: ALL major companies are hosting malware – Cisco

Every single one of 30 major companies tested by Cisco over the course of 2013 had malicious traffic on their networks, according to an annual report released by the company. Spyware and other malware was also growing rapidly on mobile devices.

Google offers refunds for buyers of fake Virus Shield app

Google is offering full refunds to buyers of the Virus Shield app which briefly topped the Android charts last week – but turned out to offer no protection whatsoever.

Lack of cyber risk insurance could lead to “global financial shock”

The financial damage caused by a large data breach or malicious employee activity can be enormous, but the lack of financial protection in place could lead to a “global” shock, a report by a leading insurer has warned.

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25 May 2014
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