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Month: February 2017

ComputerWorldIndependent
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'Fileless malware' attacks, used on banks, have been around for years

Fileless malware attacks, which were recently discovered in the networks of at least 140 banks, telecoms and governments, account for about 15% of known attacks today and have been around for years in different forms.

“Fileless malware attacks are becoming much more common and circumvent most of the endpoint protection and detection tools deployed today,” Gartner security analyst Avivah Litan said.

A recent discovery of fileless malware was reported on Wednesday by researchers at Moscow-based Kaspersky Labs. The attackers have not been identified and “attribution [is] almost impossible,” according to Kaspersky.

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ComputerWorldIndependent
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Windows Trojan hacks into embedded devices to install Mirai

Attackers have started to use Windows and Android malware to hack into embedded devices, dispelling the widely held belief that if such devices are not directly exposed to the Internet they’re less vulnerable.

Researchers from Russian antivirus vendor Doctor Web have recently come across a Windows Trojan program that was designed to gain access to embedded devices using brute-force methods and to install the Mirai malware on them.

Mirai is a malware program for Linux-based internet-of-things devices, such as routers, IP cameras, digital video recorders and others. It’s used primarily to launch distributed denial-of-service (DDoS) attacks and spreads over Telnet by using factory device credentials.

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IndependentKrebs
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Fast Food Chain Arby’s Acknowledges Breach


Sources at nearly a half-dozen banks and credit unions independently reached out over the past 48 hours to inquire if I’d heard anything about a data breach at Arby’s fast-food restaurants. Asked about the rumors, Arby’s told KrebsOnSecurity that it recently remediated a breach involving malicious software installed on payment card systems at hundreds of its restaurant locations nationwide.

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FortinetSecurity
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Cloud is the New Normal: The Challenge of Securing Workloads in the Cloud – Are You Ready?


Microsoft Ignite – Australia – Gold Coast Convention and Exhibition February 14-17th https://msftignite.com.au/ Is cloud the new normal for your enterprise? Are you moving more and more applications into the cloud? Have you asked yourself how you are securing your data in this new world of cloud? Scalability and flexibility are the key drivers of Cloud networking and computing. With more and more business transitioning to public cloud environments, the cloud is becoming an increasingly attractive target for hackers…

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ComputerWorldIndependent
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IDG Contributor Network: Balancing security and convenience on your Android phone

In an ideal world, we wouldn’t need passwords, lock screens, or to take any other steps to protect our security and privacy.

In the real world, we need to find the right balance of security and convenience. It can be difficult to find the sweet spot with an acceptable level of risk and ease of use because — even though no one likes to think it will happen to them — millions of phones are lost or stolen each year.

A modern smartphone can provide access to almost every aspect of your life, ranging from your email to your banking information. It is important to keep the level of risk in mind when you are choosing how much effort you are willing to put towards ensuring that information remains private.

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ComputerWorldIndependent
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IT and C-level leaders point fingers at each other over cyber defense

IT managers disagree with chief executives over who is responsible for a cyber security breach, according to a survey released Thursday.

The survey — of a group of 221 chief executive officers and other C-level executives and another group of 984 IT decision makers — found that each group largely believes the other group is responsible in the event of a breach.

In the survey, 35% of C-level respondents said IT teams would be responsible in a breach, while 50% of IT leaders think that responsibility rests with their senior managers.

Also, IT managers estimate a single cyber attack will cost their business nearly twice what top-level executives estimate. The IT managers put the cost of a single attack at $19 million, compared to the C-suite estimate of about $11 million.

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