Technology

Gameover Not The End: Zeus Malware Still Threatens Fortune 500

Prolexic, a division of Akamai, issued an advisory to Fortune 500 firms on Monday about what it calls “a high-risk threat of continued breaches from the Zeus framework.” The company’s Security Engineering & Response Team (PLXsert) said on Monday that it has observed new payloads from the Zeus crimeware kit in the wild, and that networks of Fortune 500 companies are a prime target. Cyber crime groups are using Zeus to steal login credentials and gain access to web-based enterprise applications, as well as online banking accounts, Akamai warned. “The Zeus framework is a powerhouse crimeware kit that enterprises need to know about to better defend against it,” said Stuart Scholly, senior vice president and general manager, Security Business Unit, Akamai, in a statement. “It’s hard to detect, easy to use, and flexible – and it’s being used to breach enterprises across multiple industries.” A variant of Zeus, Gameover, was the subject […]

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FTC Wants To Be Top Cop On Geolocation

The Federal Trade Commission (FTC) is asking Congress to make it the chief rule maker and enforcer of policies for the collection and sharing of geolocation information, according to testimony this week. Jessica Rich, Director of the FTC Bureau of Consumer Protection, told the Senate Judiciary Committee’s Subcommittee for Privacy, Technology that the Commission would like to see changes to the wording of the Location Privacy Protection Act of 2014 (LPPA), draft legislation designed to spell out consumer protections pertaining to the location data. Rich said that the FTC, as the U.S. Government’s leading privacy enforcement agency, should be given rule making and enforcement authority for the civil provisions of the LPPA. The current draft of the law instead gives that authority to the Department of Justice (DOJ).   The LPPA legislation (PDF) was proposed in March by Sen. Al Franken, and co-sponsored by Senators Coons (D-DE) and Warren (D-MA). It proposes updating the Electronic Communications […]

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Survey: Consumers Growing Wary of Information Sharing

A survey by the business information service Lexis Nexis finds that consumers have grown more wary of programs that ask them to share data in exchange for improved services or other offerings. Editor’s note: LexisNexis has clarified that its survey was released in August, 2013, not October, 2013. The story has been corrected to reflect that information. – Paul 6/4/2014 The survey of  2,072 consumers, aged 21 to 74, was conducted in October 2013 by LexisNexis Risk Solutions. It found consumers were more wary of sharing information online, including at social networking and online banking sites than they were three years earlier. “Consumers are less comfortable with information sharing than three years ago,” the survey concluded. The survey was released in concert with Telematics Detroit 2014, a conference focused on information systems used in vehicles. It was designed to measure consumers’ awareness of- and interest in so-called “use based insurance” (or UBI) – sometimes referred […]

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DARPA Competition Seeks Autonomous Systems for Cyber Defense

We all know that ‘layer 8’ – humans – are the biggest attack surface in any IT environment. Companies can invest millions to harden their networks and endpoints. But all attackers have to do is convince one user to open a fake credit card bill for $20,000 or click a “You won’t believe this video!” link on Facebook and its game over. Our human failings came into the spotlight, most recently, with the breach at Target. According to news reports, the retailer had advanced threat detection software by FireEye deployed that actually alerted staff to some of the malicious activity that signaled the start of that (epic) hack.  Alas, Target’s IT staff in the U.S. dismissed the alerts, which were reported by a team working out of Bangalore, India. The result: 40 million credit card numbers were pilfered from Target’s network. That may be why the U.S. Department of Defense’s advanced […]

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Big GOV Shift To Secure Cloud?

For those of us covering the cyber security beat, there haven’t been many feel-good stories coming out of the federal government in – well – forever. Even before the advent of nation state sponsored hacking, the news was mostly of the federal government’s bloated and unwieldy IT infrastructure, byzantine procurement systems and the difficulty of attracting top talent away from private sector employers who could offer more pay, more autonomy and a better working environment.   Then came the gut wrenching display of offensive prowess by the U.S.’s main enemies – nations like China, Russia and Iran. Those stories started, in earnest, with news about operations like Titan Rain (in 2003) and continue to the present day. The problem has gotten so bad that the military’s preferred euphemism for Chinese hackers – “advanced persistent threat,” or “APT” has become part of the nomenclature of the IT security world far beyond […]

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