Independent

IndependentKrebs

Florida Man Arrested in SIM Swap Conspiracy

Credit to Author: BrianKrebs| Date: Tue, 07 Aug 2018 19:27:23 +0000

Police in Florida have arrested a 25-year-old man accused of being part of a multi-state cyber fraud ring that hijacked mobile phone numbers in online attacks that siphoned hundreds of thousands of dollars worth of bitcoin and other cryptocurrencies from victims. On July 18, 2018, Pasco County authorities arrested Ricky Joseph Handschumacher, an employee of the city of Port Richey, Fla, charging him with grand theft and money laundering. Investigators allege Handschumacher was part of a group of at least nine individuals scattered across multiple states who for the past two years have drained bank accounts via an increasingly common scheme involving mobile phone “SIM swaps.”

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ComputerWorldIndependent

Grand Theft IT? Not quite

Credit to Author: Sharky| Date: Tue, 07 Aug 2018 03:00:00 -0700

The time has come for the sales team at this financial services company to get new top-of-the-line laptops — and they’re being upgraded 80 at a time, reports an IT pilot fish there.

“Late one night, the guy in charge of the upgrade got a call from Security saying that a break-in had occurred,” fish says. “They told him that on the security cameras they saw the thieves making off with a lot of laptops.

“The upgrade project manager arrived at the scene to meet the police — who were very puzzled when he started laughing.

“Turns out the thieves stole 80 decommissioned laptops with no hard drives, while ignoring the 80 new laptops sitting in boxes beside the decommissioned ones.”

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ComputerWorldIndependent

TSMC's iPhone chip attack is a wake-up call for enterprise security

Credit to Author: Jonny Evans| Date: Mon, 06 Aug 2018 05:21:00 -0700

Apple chipmaker TSMC suffered a serious WannaCry-related ransomware infection that closed down production at some of its factories. The incident should be a wake-up call for manufacturers across every industry.

Manufacturing is under attack

TSMC has said the incident was not the result of a direct attack. Instead it says its systems were exposed to the malware “when a supplier installed tainted software without a virus scan.”

The malware spread fast and impacted some of the company’s most advanced facilities used to build Apple’s A-series chips.

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ComputerWorldIndependent

TSMC's iPhone chip attack is a wake up call for enterprise security

Credit to Author: Jonny Evans| Date: Mon, 06 Aug 2018 05:21:00 -0700

Apple chipmaker TSMC suffered a serious WannaCry-related ransomware infection that closed down production at some of its factories. The incident should be a wake-up call for manufacturers across every industry.

Manufacturing is under attack

TSMC has said the incident was not the result of a direct attack. Instead it says its systems were exposed to the malware. “When a supplier installed tainted software without a virus scan,” it said.

The malware spread fast and impacted some of the company’s most advanced facilities used to build Apple’s A-series chips.

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ComputerWorldIndependent

How Microsoft became tech’s good guy

Credit to Author: Preston Gralla| Date: Mon, 06 Aug 2018 03:00:00 -0700

Once upon a time, Microsoft symbolized all that was wrong with the tech world: greedy, monopolistic, single-mindedly focused on profits while caring little about the public good. In the heyday of Bill Gates and Steve Ballmer, the company ran roughshod over competitors in its attempt to corral the worldwide market for both operating systems and application software.

But today, Microsoft has embraced the role of the tech world’s better angel. And as events show in recent weeks, that’s not hype. The company has, to some extent, tried to act as the industry’s conscience as well as taking actions for the greater good.

One case in point: Microsoft’s recent revelation that it had uncovered evidence that the Russian government had targeted three congressional campaigns in the upcoming midterm elections — and that it had helped thwart the plot. Microsoft discovered the attempts as part of its long-running battle against the Russian government–backed hacking cyber-espionage group called Fancy Bear. Microsoft, which has been playing whack-a-mole with the group for well over a year, targets the command-and-control servers that control malware that Fancy Bear plants on victims’ computers, as well as associated websites that install malware on targets’ computers when the victims visit them as a result of a spearphishing attack.

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