The federal government might have disrupted Cryptolocker ransomware operations, but the Benjamin F. Edwards & Co. brokerage house recently suffered an attack by the CryptoWall, the DOJ.NH website recently reported. The incident took place in late May, with the unauthorized third party compromising their computer systems - informing customers of the data breach.
Many companies are rolling out new security and try to educate users about safely and properly interacting with emails, online accounts, and other cloud-based services proves to be difficult. As users are compromised, critical work documents become unusable until a payment has been made to operators of the ransomware - and educating users to spot these social engineering techniques should be a first great step.
"We are seeing a new wave of ransomware created by Russian cybercriminals, and our recent survey shows that IT pros expect it to get worse the rest of the year," said Stu Sjouwerman, KnowBe4 CEO, in a press statement. "To add insult to injury, apart from the confidential files being encrypted and ransom extorted, the ransomware sends unidentified data out of the victim's network. That means the malware infection needs to be treated as a data breach with accompanying very high costs."
Facebook has just posted its second quarter earnings and the company trounced Wall Street expectations by boosting revenues 61 percent, strengthened by its mobile advertising business.
Mobile ad revenue made up a stonking 62 percent of all ad revenue in the three months quarter ended June 30. That's up from 41 percent from the same time last year, and steady growth from 59 percent in the company's prior quarter. Total revenue was at 2.91 billion dollars, topping the Thomson Reuters expectation of 2.81 billion. Its income was posted at 791 million dollars, up enormously from 333 million for the second quarter of 2013.
"We had a good second quarter," Mark Zuckerberg, Facebook founder and CEO, said in a statement. "Our community has continued to grow, and we see a lot of opportunity ahead as we connect the rest of the world." Since going public, Facebook had some trouble monetizing despite it being by far the world's largest social network, now putting its users at the 1.32 billion mark. Clearly mobile has an even bigger role to play in the future of Zuckerberg's once fledgling social media project.
ComicCon has come to San Diego for another year and studios have wasted no time in releasing the tap on titles that will be launched in the next few years. Disney have taken the opportunity to re-announce the fifth entry in the blockbuster 'Pirates of the Caribbean' franchise, which will launch in 2017.
The film which was previously revealed last year as 'Dead Men Tell no Tales', but announced today just as'Pirates of the Carribbean' will be directed by Norwegian duo Joachim Rønning and Espen Sandberg (Kon-Tiki) from a script by Jeff Nathanson and produced by Jerry Bruckheimer, whose relationship with Disney had cooled following the disastrous reception of 2013's 'The Lone Ranger'.
Whilst the return of Johnny Depp as Captain Jack Sparrow has yet to confirmed, it would seem to be inevitable. For a franchise that has grossed a cumulative $3.7 billion at the worldwide box office, I'm sure they can afford to pay whatever he demands. The film launches in the U.S. on July 7, 2017.
Hot on the heels of Microsoft's so-so fiscal fourth quarter earnings, CEO Satya Nadella has pledged that the Windows experience is set to be unified across all devices capable of running a variant of the OS.
Speaking with analysts during an earnings call, Nadella suggested Windows is currently a fragmented experience. "We will streamline the next version of Windows from three operating systems into one single converged operating system for screens of all sizes," he said in the call. It is thought the efforts could also provide a much-needed boost to the company's ailing app ecosystem, which pales in comparison to the marketplaces on iOS and Android.
It was also confirmed that the company had scrapped a "new form factor" being developed - which could well be the Surface Mini, a teeny tablet running the much-mocked Windows RT, details of which leaked earlier this year. "During the quarter, we reassessed our product roadmap and decided not to ship a new form factor that was under development," CFO Amy Hood said in the call. Of course, it's unclear right now just what this means for the future of Windows, other than users hopefully getting a more seamless experience between devices, and perhaps a rethink of the future for Windows RT.
Britain is wholeheartedly rejecting its government approved 'porn filters' as customers signing up to internet providers for the first time opt out in droves, according to an official regulator.
Ofcom, the independent body that monitors the activities of telecoms providers, notes that under one in seven homes are actually making use of the content filters, introduced by the British Prime Minister David Cameron (pictured) and earning him the nickname Kim Jong Cameron. Top operators BT and Sky introduced the measures in late 2013. The announcement was deeply unpopular and led to calls of censorship, although the agreement between government and internet providers is technically voluntary. At the time it was represented as a measure designed to protect children.
Of the top companies running the scheme, TalkTalk has the most users making most of it at 36 percent. However, a paltry four percent of Virgin Media customers are switching off the porn, followed by five percent of BT customers and eight percent of Sky customers. "Ofcom's report clearly highlighted where Virgin Media has fallen short in meeting our original commitments," Tom Mockridge, ISP Virgin Media's chief exec said, according to Digital Spy. "We take our responsibility to help families stay safe online very seriously and have taken immediate action to improve how we meet our commitments to government."
Cybercriminals trying to phish users typically rely on email to compromise unsuspecting victims, and remains the primary mechanism to launch malware attacks. There has been an uptick in activity that has led to more spam messages, along with coordinated spear phishing attacks targeting specific organizations.
The top brands suffering from phishing attacks and malicious spam: RingCentral, ADP, Her Magesty's Revenue Customs, HSBC, Bank of America, eFax, NatWest, RBS, IRS, Sage, "Court Notice," Lloyds Bank, Wells Fargo, and Broad Oak.
"Phishing and malicious spam continue to threaten networks and brands, and as a result, they key question a company needs to ask about the brands listed in this report is, 'Would any of my employees ever respond to an email from one of these brands?' If so, your business may already be infected with malware," said Greg Coticchia, Malcovery Security President and CEO, in a press statement.
Cybercriminals were able to gain access to at least 1,000 StubHub customer accounts in 2013, fraudulently purchasing tickets to concerns, sports games, and other live events. Using data breaches from other websites and relying on malware that compromised users, they were able to access account holder login and password data.
In a statement, StubHub said it applauded the efforts of New York City law enforcement to make arrests related to the case - including a case opened by the New York City District Attorney's Office. No internal technical or financial systems were breached by the hackers, and StubHub was quick to work with customers that were affected.
The large scale cyberattacks that lead to personal data and username/passwords being stole, and then used on different websites and services.
The hackers responsible for exposing vulnerabilities targeting the Toyota Prius and Ford Escape are developing a solution to better defend vehicles from cyberattacks. Both Charlie Miller and Chris Valasex plan to show off their "intrusion prevention device" during the Black Hat hacking conference next month - a solution that uses around $150 in electronic parts able to listen to car network traffic - with rogue activity and additional anomalies blocked.
"Cybersecurity is a global concern and it is a growing threat for all industries, including the automotive," noted Jack Pokrzywa, SAE International manager of global ground vehicle standards.
The Internet of Things (IoT) has drawn great interest from researchers and consumers, but security standards are currently fractured. Connected cars are becoming more common on U.S. roadways, and Internet or satellite connectivity provide a perfect attack opportunity for cybercriminals.
Small businesses and local mom-and-pop stores are familiar with cybersecurity risks they face, but major retailers and corporations also suffer from difficult point-of-sale (POS) systems struggling with security problems. Botnets made of thousands of compromised PCs are trying to launch brute-force attacks against POS with lackluster security in place.
"Point of sale architecture and security is such a niche industry in terms of how to secure these systems and how card data flows," said Lucas Zaichowsky, AccessData enterprise defense architect, said. "It's like a big black box; those who know it well are few and far between. Even PCI auditors don't understand it all that well."
Zaichowsky will speak during the Black Hat USA 2014 in early August, hoping to spur interest in helping POS dealers build better defense of POS technologies. Cybercriminals rely on exposing older versions of VNC, PCAnywhere and other remote management clients, able to brute-force their way into networks.
Microsoft has rolled out a new smartphone in the Lumia range called the Lumia 530. The smartphone is set to land in Europe next month and will sell for €85 before taxes and subsidies. Odds are the cheap device will be free on certain tariffs.
The smartphone has a 1.2GHz quad-core Snapdragon processor and runs Windows Phone 8.1. Other hardware features include a 5MP camera, 4-inch screen, and interchangeable colored shells.
The 4-inch screen has a native resolution of 854 x 480 and Microsoft will offer dual and single SIM versions of the smartphone. Microsoft has also unveiled a new mobile speaker along with the phone called the Bang by Coloud designed to plug in with a 3.5mm headphone jack. Its internal battery is good for eight hours of playback.