Retail Archives

Retail

Report: AdWords Fraudbot Helps E-Commerce Firms Compete

July 25, 2014 Paul Roberts

One of the more interesting stories to come out this week is from Brian Krebs over at Krebsonsecurity.com. Writing on Friday, Krebs used his prodigious knowledge of the cyber underground to profile “GoodGoogle,” one of a growing number of specialized online fraud services that helps e-commerce firms target competitors by gaming Google’s AdWords feature. As you probably know, AdWords are one of Google’s biggest sources of revenue. They allow companies with products or services to sell to “bid” on words or phrases (like “Internet of Things”). Users who search on those terms will see hyperlinked ads to the right of their search results that link to a site of the advertiser’s choosing. Advertisers pay a premium to own popular (and lucrative) keywords – more than $40 per click for keywords like “loan,” “insurance,” “mortgage” or “attorney” depending on the word and time of day. Typically, advertisers set a certain daily budget […]

Nest, Samsung and AMD Back Thread For Home Automation

July 16, 2014 Paul Roberts

A week that has already been full of standards news for the Internet of Things added more with the unveiling of Thread, a proposed communications standard backed by Google’s NEST group that promises a “new and better way to connect products in the home.” Google was joined by Samsung, Freescale Semiconductor, ARM, smart lock maker Yale Security and Big Ass Fans (favorite company name ever) in forming The Thread Group to promote Thread. In a press release on Tuesday, the group said that the Internet of Things presents unique challenges that are not well met by existing wireless communications technologies such as Wi-Fi, ZigBee and Z-Wave. In contrast to those technologies, Thread focuses exclusively on network connectivity, not application-layer exchanges and connection management. Thread Group says existing application protocols and IoT platforms can easily run on Thread networks. Specifically, it uses 6LoWPAN (IPV6 over Low power Wireless Personal Area Networks) to create 802.15.4-standard mesh networks of smart […]

The Week in Data Breach: Pizza And Chinese Food

June 16, 2014 Paul Roberts

The news over the weekend was about more data breaches affecting chain restaurants. First, there are reports that the pizza chain Domino’s appears to have been hacked. The news came by way of an online post on Friday by a group claiming to have compromised servers used by Domino’s to store data on customers in France and Belgium. (Cached version of the announcement can be viewed here.) The group claims to have made off with information including the user name and password for 592,000 French customers and over 58,000 records from Belgian customers. It has asked Domino’s for payment of €30,000 in exchange for the data. The company has acknowledged the attack, but claims no customer financial data was stolen. In other news, the Chinese restaurant chain PF Chang’s acknowledged on Thursday that it was, indeed, the victim of a successful cyber attack that a breach last week that resulted […]

This Week In Security: Ebay’s School of Hard Knocks

June 1, 2014 Paul Roberts

It’s the end of another busy week in the security world. As we’re wont to do at The Security Ledger, we had DUO Security Evangelist Mark Stanislav in to the deluxe Security Ledger Studios to talk about the events of the week. On the agenda this week: the continued fallout from the hack of online auction giant eBay. The company ran into a thicket of criticism this week for the breach and its botched response. Despite knowing about the security breach for weeks, eBay seemed unprepared for the fallout once the news became public. Beyond its statements to the press, the company hadn’t taken steps to streamline the (inevitable) flood of customers who wanted to update their password. In fact, more than a day after the news broke, eBay still hadn’t made mention of it on their home page. What lessons can we learn from the breach at online auction […]

Video: The Internet of Things and Enterprise Risk

May 29, 2014 Paul Roberts

The Security Ledger recently hosted our inaugural event: The Security of Things Forum (SECOT). This was a high-energy, day long conference in Cambridge, Massachusetts, that brought together subject experts, executives and thought leaders from disparate areas like high tech, finance and industrial systems to talk about the tsunami of change that is the Internet of Things. One of the big questions hovering over the event: how will IoT technologies and services change the security paradigm that we’ve all be operating under- but especially in enterprises. In fact, IoT and enterprise was the topic of our very first discussion of the day: a panel chaired by Chris Rezendes of INEX Advisors, a leading consultancy focusing on IoT. SECoT Forum 2014 – Democratized Data, IOT and Enterprise Risk from Exhibitor Media Group on Vimeo It’s a really big and messy problem. As panelist Ken Pfeil of Pioneer Investments pointed out: the hack of […]