Retail

Liberty Reserve Taken Offline

Illiquid: Liberty Reserve Gone, Cybercrooks Look For Alternatives

Now that authorities in Spain, Costa Rica and the U.S. have taken down online money transfer service Liberty Reserve, the cyber underground is facing a serious liquidity crunch, as criminal gangs, botmasters, spammers and malicious hackers look for a safe platform on which to transact business. But finding a ready substitute may not be easy, with Liberty Reserve’s close competitors showing less tolerance of its “no questions asked” account creation policy, and less scrupulous outlets wary of the long arm of the U.S. Justice Department. Liberty Reserve (libertyreserve.com) went offline on Friday along with dozens of other domains operated by its founder, Arthur Budovsky – a.k.a. “Arthur Belanchuk” a.k.a “Eric Paltz.” Budovsky was arrested in Spain on May 24th. Spanish authorities acted at the request of authorities in Costa Rica, where Budovsky had set up shop, and the U.S. A three-count criminal complaint filed there by the U.S. Attorney for the […]

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Digi Serial Servers

Update: Serial Server Flaws Expose Critical Infrastructure

A survey conducted by the firm Rapid 7 has found evidence that widespread vulnerabilities and insecure configuration of ubiquitous networking components known as serial port (or “terminal”) servers, may expose a wide range of companies and critical assets – including point of sale terminals, ATMs and industrial control systems – to remote cyber attacks.(*) The vulnerable devices connected hardware like retail point-of-sale systems at a national chain of dry cleaners, providing direct access to employee terminals from which customer payment information could be accessed. Other exposed systems were used to monitor the location of cargo containers, train cargo as well as HVAC and industrial control systems, Rapid7 said. In the Rapid7 survey, over 114,000 unique IPs were identified in a scan using the Simple Network Management Protocol (SNMP), the vast majority manufactured by one company: Digi International. If left unaddressed, the vulnerable devices give remote attackers direct, administrative access to hardware devices […]

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Data Breach For Dummies: Simple Hacks, Hackers Are The Norm

In spite of widespread media attention to the problem of “advanced persistent threats” and nation-backed cyber espionage, most cyber attacks that result in the theft of data are opportunistic and rely on unsophisticated or non-technical means, according to Verizon’s 2013 Data Breach Investigations Report (DBIR). Verizon said that its analysis of 47,000 security incidents and 621 confirmed cases of data loss showed that three-quarters were “opportunistic” – not targeted at a specific company or individual – and financially motivated. Around 20 percent of attacks were linked to what Verizon termed “state affiliated actors” conducting cyber espionage. Verizon’s annual Data Breach Investigations Report presents the results of investigations conducted by Verizon’s RISK investigators, the U.S. Department of Homeland Security, US-CERT as well as by law enforcement agencies globally. In its sixth year, it is a highly regarded and oft-cited benchmark of malicious activity and threats to organizations. In a press release […]

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