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The Moral of Sony? Stop Doing Attribution

The hack of Sony Pictures Entertainment, which first came to light on November 24th, devolved this week into a chaotic international “whodunnit” with conflicting reports attributing the incident to everything from the government of North Korea to the government of China to global hacktivist group Anonymous to disgruntled Sony employees. For sure: those attributing the attack to hacking crews within the military of the Democratic Peoples Republic of Korea (DPRK) had their argument bolstered by reports in the New York Times and elsewhere claiming that the U.S. government now believes that the DPRK, under the leadership of Kim Jong Un, was responsible for the devastating hack. Officials at Sony Pictures Entertainment clearly believe the connection is credible, ordering the cancellation of the release of the Sony Pictures film The Interview following threats of violence on theaters showing the film. That acceded to a key demand of the hackers, who have used the […]

Report: Cyber Ring Stole Data To Game Stock Market | Reuters

Reuters has the story this morning about a new report out from the folks at FireEye about a cyber espionage ring that targets financial services firms. The campaign, dubbed FIN4 by FireEye, stole corporate secrets for the purpose of gaming the stock market. FireEye believes that the extensive cyber operation compromised sensitive data about dozens of publicly held companies. According to FireEye the victims include financial services firms and those in related sectors, including investment bankers, attorneys and investor relations firms. Rather than attempting to break into networks overtly, the attackers targeted employees within each organization. Phishing e-mail messages led victims to bogus web sites controlled by the hackers, who harvested login credentials to e-mail and social media accounts. Those accounts were then used to expand the hackers reach within the target organization: sending phishing email messages to other employees. The criminals behind FIN4 sought data that could be useful to stock traders, including Securities and […]

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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With $8m In Funding, Confer Taps Cloud, Crowd To Secure Endpoints

A new endpoint security startup, Confer, pulled the covers off its technology on Wednesday, announcing a new services-based endpoint protection product that it claims will provide better protection against malicious software and advanced attacks. Based in Waltham, Massachusetts, Confer has been in existence for just over a year and has received $8 million in venture funding from North Bridge Capital and Matrix Partners. The company’s cloud- and endpoint-based software enables organizations to collaborate to stop sophisticated attacks by sharing attack and malware anonymously with other Confer customers. The company said its technology will appeal to enterprise customers who have grown weary of malware infections that manage to bypass or elude traditional anti virus software. Confer is just the latest company to see dollar signs in corporations’ waning enthusiasm for anti malware software. Modern anti malware products are still focused on securing Windows endpoints. They are geared for use in the […]

Week In Security: More Target Woes and CES

It was another eventful week in security, with another big revelation in the story of a hack of box retailer Target Inc. That update – which accompanied Target’s fourth quarter earnings guidance – nearly doubled the number of known victims of that attack. It also revealed that credit card data was not the only information stolen by hackers, who also made off with customer names, mailing addresses and emails. In this latest installment of Security Ledger’s Security Week in Review, we spoke with Jody Brazil, the President of the security firm FireMon about the week’s events. Jody is a seasoned security professional who works day-in-day-out with companies that are trying to manage their risk. He said that even large companies like Target can fall victim to sophisticated attacks, but the IT security may be too quick to give up on traditional defensive technologies. Jody and I had an interesting chat about […]