Showing posts with label Cyber Crime. Show all posts
Showing posts with label Cyber Crime. Show all posts

Sunday, May 31, 2015

Now What?

May 31, 2015 Cyber Crime , Internet 0 Comments
Internet Founders Saw Its Promise--But Did Not Foresee Users Hacking Each Other

By Craig Timberg, May 30, 2015, Washington Post

David D. Clark, an MIT scientist whose air of genial wisdom earned him the nickname “Albus Dumbledore,” can remember exactly when he grasped the Internet’s dark side. He was presiding over a meeting of network engineers when news broke that a dangerous computer worm — the first to spread widely — was slithering across the wires.

One of the engineers, working for a leading computer company, piped up with a claim of responsibility for the security flaw that the worm was exploiting. “Damn,” he said. “I thought I had fixed that bug.”

But as the attack raged in November 1988, crashing thousands of machines and causing millions of dollars in damage, it became clear that the failure went beyond a single man. The worm was using the Internet’s essential nature — fast, open and frictionless — to deliver malicious code along computer lines designed to carry harmless files or e-mails.

Read the full story: www.washingtonpost.com

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Wednesday, May 27, 2015

That's Comforting!

May 27, 2015 Cyber Crime , Forbes.com 0 Comments
IRS Says Identity Thieves Accessed Tax Transcripts For More Than 100000 Taxpayers 

By Kelly Phillips Erb, May 26, 2015, Forbes.com

The Internal Revenue Service (IRS) announced today that identity thieves have illegally accessed tax information for more than 100,000 taxpayers with unsuccessful attempts made on approximately 100,000 additional taxpayer accounts. IRS Commissioner John Koskinen delivered the news at a hastily arranged press conference this afternoon. The urgency, he indicated, was to alert taxpayers to the breach.

The unauthorized access to records occurred using the “Get Transcript” application, previously available on the IRS website. As a result, the transcript application was taken down late last week and will remain down until the problem is resolved. Currently, themessage on the IRS website reads:

The online Get Transcript service is currently unavailable. Transcripts may still be ordered using the Get Transcript by Mail service. We apologize for any inconvenience.

Read the full story: www.forbes.com

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Thursday, May 21, 2015

They Are THAT Sophisticated!!!

May 21, 2015 CNN , Cyber Attacks 0 Comments
FBI Chief Worries ISIS Could Use Cyberattacks Against U.S. 

By Wesley Bruer, May 21, 2015, CNN

(CNN) ISIS is "waking up" to the idea of using sophisticated malware to cyberattack critical infrastructure in the U.S., FBI Director James Comey said Wednesday.

"Logic tells me it's coming," and that the terror group is "looking into" whether it is capable of pulling off such attacks, Comey said at the Cybersecurity Law Institute at Georgetown University.

Over the last two years, Comey said there has been more attention paid to potential cyberattacks against the U.S., and although he hasn't seen them yet, "it just makes too much sense" to see destructive malware end up in the hands of terrorists.

Comey pointed to a "layer cake" of threats, with nation-states at the top and common criminals at the bottom. The threat of terror groups adopting cyber tactics usual carried about by China or North Korea is most concerning, he said.

"Destructive malware is a bomb. And terrorists want bombs" Comey said. And while it may be difficult for a terrorist to physically enter the U.S., they can do so online in an instant.

Read the full story: www.cnn.com

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Saturday, January 3, 2015

That's an understatement--other projects were cancelled

January 03, 2015 Cyber Attacks , Cyber Crime 0 Comments
Cyberattack Stifled Our Freedom Of Speech

Suhail Nanji, Jan. 1, 2015, Miami Herald

These attacks are no longer just something we hear about in the news and that happens in cyberspace. They are and will continue to directly affect our lives. Governments, organizations and citizens need to take cybersecurity seriously. Many individuals and business owners suffer from “cyberfatigue,” which numbs them to nonstop stories of cyberattacks.

Read more: www.miamiherald.com

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Friday, January 2, 2015

Adam Levin: It's Time For A Data Breach Warning Label

January 02, 2015 Adam Levin , Cyber Crime 0 Comments
By Adam Levin, Sept. 17, 2014

The breach at Home Depot is only the most recent in a torrent of high-profile data compromises. Data andidentity-related crimes are at record levels. Consumers are in uncharted territory, which raises a question: Is it time to do for data breaches and cybersecurity what the nutritional label did for food? I believe we need a Breach Disclosure Box, and that it can be a powerful consumer information and education tool.

Once a cost of doing business, today data breaches in the best-case scenario can sap a company’s bottom line, and at their worst represent an extinction-level event. The real-world effects for consumers can be catastrophic. Because there is a patchwork of state and federal laws related to data security—some good, some bad, all indecipherable—and none that work together, it’s impossible to know just how safe your personally identifiable information is, and has been, at the places where you shop and the companies and professional organizations with which you do business.

Data security, identity-related consumer issues and privacy are all areas screaming for big-picture solutions. This is a situation in search of a paradigm shift—one that produces tools which enable consumers to make informed choices.

Read the full story:  www.forbes.com

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