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ComputerWorldIndependent

'Invisible' memory-based malware hit over 140 banks, telecoms and government agencies

Cybercriminals have hit more than 40 countries with hidden malware that steals passwords and financial data. The malware is not found on hard drives as it hides in the memory of compromised computers, making it almost “invisible” as criminals exfiltrate system administrators’ credentials and other sensitive data. When a targeted machine is rebooted, nearly all traces of the malware disappear.

Over 140 enterprise networks – banks, government organizations and telecommunication companies – from 40 countries have been hit, according to Kaspersky Lab. The cybercriminals are using methods and sophisticated malware previously used by nation-state attackers.

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ComputerWorldIndependent

At Dulles, a security awareness success story

When Kjell Magne Bondevik, the former prime minister of Norway, was temporarily detained upon arriving at Dulles International Airport on Jan. 31, international controversy ensued.

The controversy was purely political, and while I do not support the executive order stopping people from seven countries from entering the U.S., Bondevik’s detention had nothing to do with that issue. Instead, he was detained for additional questioning under a 2015 law that requires people who visited any of the seven countries in question to obtain a visa prior to entering the U.S., even if they are from a country that does not normally require a visa for entrance to the U.S. The law was put in place in the aftermath of the Paris attacks. Whether or not the law is just is not relevant to this discussion.

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IndependentKrebs

House Passes Long-Sought Email Privacy Bill


The U.S. House of Representatives on Monday approved a bill that would update the nation’s email surveillance laws so that federal investigators are required to obtain a court-ordered warrant for access to older stored emails. Under the current law, U.S. authorities can legally obtain stored emails older than 180 days using only a subpoena issued by a prosecutor or FBI agent without the approval of a judge.

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ComputerWorldIndependent

Mac malware, possibly made in Iran, targets U.S. defense industry

Just because you’re using a Mac doesn’t mean you’re safe from hackers. That’s what two security researchers are warning, after finding a Mac-based malware that may be an attempt by Iranian hackers to target the U.S. defense industry.

The malware, called MacDownloader, was found on a website impersonating the U.S. aerospace company United Technologies, according to a report from Claudio Guarnieri and Collin Anderson, who are researching Iranian cyberespionage threats.

The fake site was previously used in a spear-phishing email attack to spread Windows malware and is believed to be maintained by Iranian hackers, the researchers claimed.

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ComputerWorldIndependent

Polish banks on alert after mystery malware found on computers

The discovery of malware on computers and servers of several Polish banks has put the country’s financial sector on alert over potential compromises.

Polish media reported last week that the IT security teams at many Polish banks have been busy recently searching their systems for a particular strain of malware after several unnamed banks found it on their computers.

It’s not clear what the malware’s end goal is, but in at least one case it was used to exfiltrate data from a bank’s computer to an external server. The nature of the stolen information could not be immediately determined because it was encrypted, Polish IT news blog Zaufana Trzecia Strona reported Friday.

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ComputerWorldIndependent

Ransomware soars in 2016, while malware declines

A global cyberthreat report released Tuesday found that 2016 was a mixed bag: malware was down slightly, but ransomware attacks soared, up 167 times the number recorded in 2015.

In addition to that huge increase in ransomware, 2016 saw a new line of cybercrime from a large-scale DDoS attack through internet of things devices. The principal case occurred in October when the Mirai botnet attacked unprotected IoT devices, such as internet-ready cameras, resulting in a DDoS attack on Dyn servers.

The 2016 report, by cybersecurity company SonicWall, looked at data from daily network feeds sent from more than 1 million sensors in nearly 200 countries.

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ComputerWorldIndependent

Dozens of iOS apps fail to secure users' data, vendor says

Dozens of iOS apps that are supposed to be encrypting their users’ data don’t do it properly, according to a security vendor.

Will Strafach, CEO of Sudo Security Group, said he found 76 iOS apps that are vulnerable to an attack that can intercept protected data.

The developers of the apps have accidentally misconfigured the networking-related code so it will accept an invalid Transport Layer Security (TLS) certificate, Strafach claimed in a Monday blog post.   

TLS is used to secure an app’s communication over an internet connection. Without it, a hacker can essentially eavesdrop over a network to spy on whatever data the app sends, such as login information.  

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ComputerWorldIndependent

U.S. House approves new privacy protections for email and the cloud

The U.S. House of Representatives approved on Monday the Email Privacy Act, which would require law enforcement agencies to get court-ordered warrants to search email and other data stored with third parties for longer than six months. 

The House approved the bill by voice vote, and it now goes the Senate for consideration.

The Email Privacy Act would update a 31-year-old law called the Electronic Communications Privacy Act (ECPA). Some privacy advocates and tech companies have pushed Congress to update ECPA since 2011. Lax protections for stored data raise doubts about U.S. cloud services among consumers and enterprises, supporters of the bill say.

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