Showing posts with label cyberattack. Show all posts
Showing posts with label cyberattack. Show all posts

2017-10-13

Hackers Will Pose A Greater Cybersecurity Threat In 2018 (video)

Hackers will pose a greater cybersecurity threat in 2018

As more elements of our daily lives are linked to the internet, hackers will have greater opportunity to scale up cybercrimes, leaving our homes and personal lives more vulnerable to attack, reports The Economist (economist.com), which  published the above video on Oct 4, 2017:
"In 2018 cyber attacks will affect our lives like never before. Hackers have already compromised multi-national organisations, stealing the personal details of millions. Hackers have even been implicated in national elections.
"On the golden shores of Hawaii lives one of the most prolific hackers on the planet. At the age of 22, Jeremiah Grossman hacked Yahoo – one of the biggest tech companies in the world. In response, they offered him a job – Yahoo’s Chief Hacker.
"According to Jeremiah "There’s a vernacular in the industry, there is the white hat hackers and then there is the black hat hackers. The way I like to describe it is kind of like Star Wars where you have the Jedi and the Sith. The skills are the same but one uses their powers for good and the other one is for evil. I am more of the white hat variety. I use those skills to prevent other people from getting hacked. There is people all over the world attacking you and you have to remain calm and steadfast at every point because if you lose control you will lose the battle."
"White hat hackers break into computer systems to find the weaknesses and make companies aware of them. But it’s about to get even harder to keep up the defences.
"With an ever-increasing risk to corporate security, 2018 will see an unlikely saviour in the fight against hackers - Insurance companies.
"But cyber insurance can only go so far when we are all becoming vulnerable to attack. More and more of our every day lives are being hardwired to the internet from the lock on our front door to our heating. Being connected may bring convenience, but it also makes our homes and our personal lives more vulnerable to hackers."


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2017-09-28

Europol Report: 2017 Top Threat In Cybercrime Epidemic Is Ransomware

 EUROPOL | EC3 European Cybercrime Centre
Internet Organised Crime Threat Assessment (IOCTA) 2017 | Europol.europa.eu--excerpts:
"... Ransomware attacks have eclipsed most other global cybercrime threats, with the first half of 2017 witnessing ransomware attacks on a scale previously unseen following the emergence of self-propagating ‘ransomworms’, as observed in the WannaCry and Petya/NotPetya cases. Moreover, while information-stealing malware such as banking Trojans remain a key threat, they often have a limited target profile. Ransomware has widened the range of potential malware victims, impacting victims indiscriminately across multiple industries in both the private and public sectors, and highlighting how connectivity and poor digital hygiene and security practices can allow such a threat to quickly spread and expand the attack vector. The extent of this threat becomes more apparent when considering attacks on critical infrastructure." (emphasis added)
"Cryptocurrencies continue to be exploited by cybercriminals, with Bitcoin being the currency of choice in criminal markets, and as payment for cyber-related extortion attempts, such as from ransomware or a DDoS attack. However, other cryptocurrencies such as Monero, Ethereum and Zcash are gaining popularity within the digital underground." (emphasis added)
Full report (pdf) embed below:




See also: Europol: Ransomware top threat in 2017 cybercrime 'epidemic' | Reuters.com

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2017-07-01

Tech Review: Ransomware Attacks Just The Tip of the Iceberg (video)

Tech Review (TR 2017-07-01)--Domain Mondo's weekly review of tech news:

Features • 1)  Ransomware Attacks Just The Tip of the Iceberg, 2) Google faces years of EU oversight, 3) Uber's Valuation?, 4) Baidu AI Developers Conference, 5) Censorship: Germany, 6) Global Top 100 Brands 2017, 7) ICYMI Tech News.

1) McAfee CEO Says Ransomware Attacks Are Just Beginning

Video above published Jun 27, 2017: Chris Young, McAfee.com's chief executive officer, discusses the spread of ransomware attacks across the globe with Bloomberg's Emily Chang on "Bloomberg Technology." See New ransomware outbreak reported all over world | TheHill.com.

Infographic: Ransomware Makes up Small Share of Growing Malware Threat | Statista  Source: Statista.com

According to data provided by IT-security institute AV-Test, ransomware (such as "WannaCry" and "Petya") is only a very small share of all malware detected worldwide.--Statista.com.

See also on cybersecurity: 

Other Tech News:
2)  Google faces years of EU oversight on top of record antitrust fine | Reuters.com and EVIL GOOGLE: European Commission €2.42B (US$2.73B) Antitrust Fine | DomainMondo.com. Alphabet ($GOOGL and $GOOG) generated $90.3 billion in revenue in 2016. Google's share of that revenue was $89.5 billion. 

3)  Unicorns: With rising competition and no real moat, Uber may not be really worth its $68B Silicon Valley valuation, even if it overhauls its corporate culture--Uber’s Biggest Problem: Its Business Model | WSJ.com.

4) 2017 百度AI开发者大会 | Baidu AI Developers Conference | baidu.com:
"Baidu is inviting developers from all around the world to participate in this festival of AI technology." July 5, 2017, Beijing.

5)  Censorship: Germany enacts law with fines of up to $57 million for social media websites failing to delete illegal, racist, or slanderous content within 24 hours--NYTimes.com.

6)  brandZ.com | Global Top 100 Brands 2017: #1 Google; #2 Apple; #3 Microsoft; #4 Amazon; #5 Facebook; ... #8 Tencent; #9 IBM; ... #14 Alibaba; ... #17 China Mobile .... #21 SAP (highest rank of all non-US & non-China brands)  ...."

7) ICYMI Tech News Quick Takes:

-- John Poole, Editor, Domain Mondo  

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2017-06-29

Global Phishing Survey, New gTLD Domain Names, Malicious Registrations

graphic of APWG Global Phishing Survey major findings
source: APWG Global Phishing Survey, infra
"... the problem in the nTLDs [new generic top-level domains] are malicious registrations, made for the purpose of phishing. Of the 6,549 domains used for phishing in the 228 nTLDs, 86% (5,633) were registered maliciously ... 71% of those malicious registrations were found in just ten nTLDs [chart below] ... The TLD market is now more crowded and competitive than at any time in history, and some nTLD registries have been competing aggressively on price ..."--APWG, infra
Top ten nTLDs with malicious domain name registrations
source: APWG.org
APWG (Anti-Phishing Working Group | domain: apwg.org)  released its latest Domain Name Use and Trends report (embed below) on 26 June 2017:

"Some Key Findings in this report:
  • There were at least 255,065 unique phishing attacks worldwide. This represents an increase of over 10% from the 230,280 attacks we identified in 2015. An attack is defined as a phishing site that targets a specific brand or entity. A single domain name can host several discrete phishing attacks against different banks, for example.
  • The attacks occurred on 195,475 unique domain names. This is the most we have recorded in any year since we began these reports in 2007. The number of domain names in the world grew from 287.3 million in December 2014 to 329.3 million in December 2016.
  • Of the 195,475 domains used for phishing, we identified 95,424 domain names that we believe were registered maliciously by phishers. This is an all-time high, and almost three times as many as the number we found in 2015. A little over half of these registrations were made by Chinese phishers. The other 100,051 domains were almost all hacked or compromised on vulnerable Web hosting. This means that nearly half of all domains that hosted phishing sites were maliciously registered.
  • Seventy-five percent of the malicious domain registrations were in just four TLDs: .COM, .CC, .PW, and .TK. More than 90% of malicious domains were found in just 14 TLDs. Please see pages 16-17 for more detail.
  • We counted 679 targeted brands. This dropped from 783 in 2015. Phishers are still creating kits dedicated to attacking both popular targets and new targets.
  • Phishing occurred in 454 top-level domains (TLDs). Two-hundred twenty-nine (228) were new top-level domains launched since 2013." (emphasis added)
The Anti-Phishing Working Group (APWG)is a non-profit industry association focused on eliminating the identity theft and fraud that result from the growing problem of phishing and email spoofing. The organization provides a forum to discuss phishing issues, define the scope of the phishing problem in terms of hard and soft costs, and share information and best practices for eliminating the problem.

Global Phishing Survey: Domain Name Use and Trends in 2016 (embed below)


See also:


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2017-05-23

SWIFT GPI Initiative: How Secure Is the Swift Network? (videos)

How Secure Is the Swift Network?

Video above published May 1, 2017, by WSJ.com: A series of recent cyberattacks targeting banks raises questions about the security of Swift, the global messaging network that is the backbone of payment services for more than 11,000 institutions worldwide, including banks and corporations.

Domain: swift.com

The Future of Cross-border Payments - SWIFT gpi

Video above published Sep 26, 2016: Banks around the world are working with SWIFT to deliver the global payments innovation (gpi) initiative and create the next era for correspondent banking. More info: http://www.swift.com/gpi



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