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Hacking & Security Posts - Page 45

ATM gives $37,000 to homeless man using cash advance feature 53 times

A homeless man in Maine used his ATM card at a TD Bank branch to collect more than $37,000 in cash advances, receiving $700 separated into 53 transactions.

 

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Initially, the man had just $100 in his checking account, but the malfunctioning ATM allowed him to receive multiple cash advances before he was stopped by police.

 

"We got a call that he was sleeping in the [ATM] vestibule, and we had to move him along," said Lt. Todd Bernard, from the South Portland Police Department, in a statement to local media. "Then at around 5:30 a.m., we got another call that he was back there and taking an unusually long time at the ATM by a who was trying to use it. She thought it seemed suspicious."

Continue reading 'ATM gives $37,000 to homeless man using cash advance feature 53 times' (full post)

European companies boosting security to prevent NSA-type snooping

European companies are responding to the NSA's spying activities by tightening control over data, boosting encryption, and promising to do a better job of protecting user rights.

 

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"For Israeli companies, the new rules may appear to be onerous, but there could be a great business opportunity for many of them in Europe as a result," said Patrick Van Eecke, legal expert specializing in cybersecurity, in a statement to Israeli media. "There are many companies around the world that specialize in collecting data, but they are not clear on the implications of Europe's new policies - and as a result, there is opportunity for companies from Israel, many of which do understand the policies."

 

In addition of concerns related to snooping, there are expectations of cyberattacks between national governments and splinter hacker groups. Growing global cyber threats allow countries to find yet another outlet to torment one another - Russia is reportedly launching cyberattacks to disrupt Ukrainian infrastructure, while Ukrainian hackers retaliated by hitting the Kremlin.

Continue reading 'European companies boosting security to prevent NSA-type snooping' (full post)

Government agencies don't do enough after suffering data breaches

aFederal agencies aren't seriously defending against data breaches and personal identifiable information (PII) is increasingly finding its way into the hands of cybercriminals, according to a recent report published from the Government Accountability Office (GAO).

 

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The number of government data breaches increased up to 25,566, twice the amount as reported in 2010 - and affected companies often are unfamiliar with how to respond properly.

 

The GAO has criticized federal government branches, specifically the Department of the Army, IRS, SEC, and a few other agencies, falling short of mandating information security programs and being lackadaisical about security efforts.

Continue reading 'Government agencies don't do enough after suffering data breaches' (full post)

Copyright holders shifting focus to attack pirates making money

There is a shifting strategy to try and fight Internet piracy, with the old strategy of targeting individual users eliminated in favor of shutting down organized piracy rings.

 

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There are three emerging strategies to target piracy: force ISPs to block subscribers from accessing sites with pirated content, shut down advertising streams on pirated sites, and trying to pressure search engines to not index and show links to sites with pirated content.

 

"Disrupting the money unlawful websites make from advertising could make a real difference to the fight against copyright infringement," said Ed Vaizey, creative industries minister, in a statement. "It is an excellent example of what can be achieved through industry, government and law enforcement working together."

Continue reading 'Copyright holders shifting focus to attack pirates making money' (full post)

Investigation into Experian breach and how it happened

Credit bureau Experian is now facing a multi-state investigation following a data breach that left almost 200 million people at risk of data theft.

 

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"We are investigating," according to a spokeswoman for Illinois Attorney General Lisa Madigan, in a statement to Reuters. "It's part of a multi-state investigation."

 

Vietnamese citizen Hieu Minh Ngo pleaded guilty for his part in the theft, in which he sold stolen information to a large number of cybercriminals.

 

It shouldn't be surprising to hear there is a thorough investigation into the breach - not only was the company compromised using clever social engineering - Experian is a leading credit bureau in the United States.

Continue reading 'Investigation into Experian breach and how it happened' (full post)

Yahoo beefs up encryption security due to NSA snooping

Yahoo is the latest Silicon Valley tech giant moving to increase security because of government spying, announcing that traffic moving between the Yahoo data centers is now encrypted.

 

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In addition, Yahoo Mail already uses HTTPS by default, and all mail sent between Yahoo servers also is encrypted. The company is now using 2048-bit RSA encryption for its Mail, Homepage and Digital Magazines portions of the site.

 

"Hundreds of Yahoos have been working around the clock over the last several months to provide a more secure experience for our users and we want to do even more moving forward," said Alex Stamos, Yahoo Chief Information Security Officer, in a blog post. "Our goal is to encrypt our entire platform for all users at all time, by default. One of our biggest areas of focus in the coming months is to work with and encourage thousands of our partners across all of Yahoo's hundreds of global properties to make sure that any data that is running on our network is secure."

Continue reading 'Yahoo beefs up encryption security due to NSA snooping' (full post)

Two US men plead guilty for their role in global hacking operation

Two members of an international cybercrime, identity theft and credit card fraud ring pleaded guilty to one count of wire fraud conspiracy and one count of conspiracy to commit access device fraud and identity theft, the Department of Justice announced.

 

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Robert Dubuc, 40, from Massachusetts along with Oleg Pidtergerya, 49, of New York, used information stolen from more than 12 banks, payroll processing companies, brokerage firms and government agencies - in their effort, more than $15 million in funds have been reportedly stolen.

 

"Both Dubuc and Pidtergerya were asked by leaders of the conspiracy to participate in a scheme to 'cash out' bank accounts and pre-paid debit cards opened in the names of others," according to the DoJ press release.

Continue reading 'Two US men plead guilty for their role in global hacking operation' (full post)

Gartner offers advice on companies struggling to leave Windows XP

Millions of users will remain on Microsoft Windows XP following the OS end of support deadline on April 8, with security experts providing input to try and keep users safe from increased security threats.

 

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Research firm Gartner offers several steps for companies still running XP, though recommends having a plan to migrate to Windows 7 or Windows 8/8.1 as the most pressing step. Furthermore, user rights on XP machines should be restricted and only a select few applications should be available, with critical applications migrated to a newer platform.

 

"Even in organizations without Windows XP, a user that puts an unpatched Windows XP machine on the network can introduce problems," noted Michael Silver, Gartner VP and distinguished analyst, in a recent blog post.

Continue reading 'Gartner offers advice on companies struggling to leave Windows XP' (full post)

Law enforcement trying to fight child porn are careful not to snoop

Law enforcement agencies trying to clamp down on the vast underground market for child pornography are now attempting to find methods to track criminals down without being accused of snooping.

 

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Former NSA contractor Edward Snowden, and his countless cases of US and British snooping, have made companies and Internet providers "wary" of cooperating with the government, according to British politicians.

 

"The Snowden affair has made the industry wary of government interference," said Damian Green, British Minister of State for Police and Criminal Justice, during a recent conference. "That is why I emphasize to the industry that they should treat child abuse images as a separate case from anything else."

Continue reading 'Law enforcement trying to fight child porn are careful not to snoop' (full post)

US judge orders former Mt. Gox CEO to appear and explain himself

Former Mt. Gox CEO Mark Karpeles has been ordered to the United States by U.S. Bankruptcy Judge Stacey Jernigan, in an effort to get him appear to discuss Mt. Gox's current bankruptcy case.

 

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Following news the bitcoin exchange lost $400 million of customers' bitcoins, the company shuttered, while customers believe the money was stolen by company officials. As Mt. Gox goes through the bankruptcy court, Judge Jernigan is curious to hear what happened to the bitcoin currency.

 

"If he avails himself of this court, my God, he is going to get himself over here," Judge Jernigan said.

Continue reading 'US judge orders former Mt. Gox CEO to appear and explain himself' (full post)

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