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Former NSA contractor Edward Snowden wants professionals to utilize data protection and encryption to communicate, and is reportedly working on some type of "encryption tools" to help protect sources. Remaining in Russia, with his asylum status extended, it's mainly unknown what the American has been doing with his spare time.
Snowden also is working on funding for the project, which will be used to keep communications between journalists and their anonymous sources secure from government spying.
"Journalists have to be particularly conscious about any sort of network signaling, any sort of connection, any sort of license-plate reading device that they pass on their way to a meeting point, any place they use their credit card, any place they take their phone, any email contact they have with the source because that very first contact, before encrypted communications are established, is enough to give it all away," Snowden recently said in an interview.
Suspected Russian hackers successfully breached NASDAQ in 2010, with malware reaching the company's servers. The FBI first noticed unusual network traffic originating from NASDAQ's systems in 2010, and the code was well written and designed to launch attacks.
Not surprisingly, Russian Embassy spokesperson Yevgeniy Khorishko said putting blame on Russia is "pure nonsense" and that the topic "is not even worth commenting on," though that is a typical response when Russia is blamed for cyberespionage efforts.
"We've seen a nation-state gain access to at least one of our stock exchanges, I'll put it that way, and it's not crystal clear what their final objective is," said Rep. Mike Rogers (R-MI), in a statement. "The bad news of that equation is, I'm not sure you will really know until that final trigger is pulled. And you never want to get to that."
Compromised Japanese pornography websites are being used to share the Win32/Aibatook banking Trojan, designed to steal banking credential information and hosting provider account credentials. The Trojan monitors where users are going inside of Web browsers, redirects Web pages, and tracking data that is inputted into online forms, according to ESET researchers.
Despite the Trojan being identified late last year, cybercriminals updated it a few months ago to target Japanese banks and other companies. Microsoft Internet Explorer remains the most popular Web browser in Japan - and despite great security improvements than previous versions - vulnerabilities are still being found and exploited.
"The exploitation success ratio is probably high enough for the Aibatook's operators," said Joan Calvet, ESET malware researcher, in a statement to SCMagazine. "Using a more powerful exploit pack and targeting other Web browsers would be the next logical step for the operators in order to increase the number of potential victims."
The use of distributed denial-of-service (DDoS) attacks by cybercriminals remains an effective and affordable strategy to compromise large targets. DDoS attacks topping 20Gbps during the first two quarters of 2014 doubled when compared to all four quarters of 2013 - and there have been more than 100 DDoS-related attacks with speeds of 100Gbps or higher so far.
Large-scale DDoS attacks are most worrisome for security experts, as thousands of compromised machines can flood targets with tremendous amounts of traffic. As more households have faster Internet service, the threat is becoming more complicated and difficult to properly prevent.
"The frequency of very large attacks continues to be an issue, and organizations should take an integrated, multi-layered approach to protection," said Darren Anstee, Arbor Networks Director of Solutions Architects, in a statement. "Even organizations with significant amounts of Internet connectivity can now see that capacity exhausted relatively easily by the attacks that are going on out there."
The wider adoption of 'smart' technology has presented cybercriminals with a unique opportunity to compromise emerging solutions that heavily rely on Internet connectivity. Both consumer and industrial smart technologies are becoming more common place, but security protocols are struggling to keep up at the moment.
The head of Recurity Labs, an IT security company based in Germany, noted it would have been possible for him to shut off the power, water and gas supply of the southern German town of Ettlingen. Using the utility network's IT grid, Felix Lindner and his team were able to gain control of its access grid, indicating how insecure critical infrastructure is at the moment.
"The smart metering system has been developed to provide security controls that mitigate the risks of security compromise," a British Department of Energy and Climate Change spokesperson told Reuters. "Smart metering system security uses international standards and common industry good practices, e.g. encryption of sensitive data, protection from viruses and malware, access control, tamper alerts on meters, two-party authorization of important messages to the meters and system monitoring."
A new form of malware dubbed 'ScarePakage' is targeting U.S. smartphone owners and can render devices inoperable, according to security firm Lookout. The mobile ransomware tricks users by claiming it's from the FBI, saying phone owners are being investigated for alleged crimes. Once a device is compromised, the ransomware demands "several hundred dollars" or the device will remain under control of ScarePakage.
The ScarePakage ransomware doesn't need root administrator access, and has been designed to be overly intrusive. It runs a Java TimerTask every 10 milliseconds to prevent any other applications or processes to shut down, and stops hijacked devices from going into sleep mode.
"Mobile ransomware in and of itself is a fairly new tactic from malware authors and this is one of the first we've seen targeting the U.S. specifically," said Jeremy Linden, Lookout Senior Security Product Manager, in a statement to TweakTown. "That said, we are less concerned about ScarePakage distributes itself and more concerned about how difficult to remove it is. Once the application has device administrator permissions, it is very hard to regain control of the device."
Around 20,000 current and former students at the Orangeburg-Calhoun Technical College in South Carolina are at risk of data theft following a stolen laptop taken from a staff office. Data taken includes names, birthdates and Social Security numbers of both students and faculty going back at almost seven years.
The technical college will now use encryption software on all laptops and PCs, while those affected by the data breach are being contacted. The laptop was stolen on July 7 and an investigation is currently underway to try to identify those responsible.
"College officials were disappointed to learn that someone entered a staff member's office on campus and removed a computer," said Kim Huff, OC Tech VP of Business Affairs, in a statement. "We are evaluating our security controls to prevent further incidents."
A Chinese citizen living in Canada has been arrested and is accused of hacking into Boeing, Lockheed Martin, and other U.S. companies with government defense contracts. Su Bin, also known as Stephen Subin and Stephen Su, is accused of unlawfully accessing computers in the United States, according to the FBI, in an attempt to steal data on military projects.
Su allegedly worked with two other hackers to steal data between 2009 and 2013, with some stolen information offered for sale to Chinese companies. Specifically, they had an interest in F-22, F35, and C-17 U.S. military aircraft - along with weapons programs currently being developed.
"We remain deeply concerned about cyber-enabled theft or sensitive information, and we have repeatedly made it clear that the United States will continue using all the tools our government possesses to strengthen cyber security and confront cybercrime," said Marc Raimondi, U.S. Department of Justice spokesman, in a statement.
Google publicly announced its Project Zero, a new effort aimed at tracking software bugs, with a public vulnerability database also in the works. The company also recruited George Hotz, responsible for hacking the Sony PlayStation 3 and Apple iPhone, among other claims to fame, as an intern to help with the bug hunt.
The Project Zero team will focus solely on tracking down bugs - not just for Google software - to help try to keep the Internet more secure. In addition, Google wants to better understand the techniques, targets and motivations of cybercriminals, as state-sponsored hacking becomes extremely prevalent.
"Once the bug report becomes public (typically once a patch is available), you'll be able to monitor vendor time-to-fix performance, see any discussion about exploitability, and view historical exploits and crash traces," said Chris Evans, responsible for leading Project Zero.
CBS Interactive-owned tech news site CNET was recently hacked by W0rm, a Russian-based hacker group, which led to usernames, encrypted passwords and emails of more than one million site visitors. Meanwhile, CNET said it has identified the security vulnerability and has worked to fix it already.
The hackers used a Symfony PHP framework security hole to carry out the database theft - and it was reportedly done to improve Internet security. W0rm previously took credit for hacking BBC, Adobe Systems and Bank of America over the past couple of years.
"It definitely can feel like a slap in the face to an organization to be hacked, but in reality, most of the time in circumstances like this it's actually a good thing," said Robert Hansen, White Hate Security Web security expert, in a statement. "W0rm was careful not to give the full path to the actual exploit, and informed the general public that the compromise occurred."