In-brief: IBM researchers say they have seen a spike in malicious activity linked to the Dyre family of malware. Sophisticated attacks on business banking accounts have led to the theft of millions of dollars, IBM says.
The analyst firm Gartner Inc. prides itself on its ability to identify emerging technology trends and talking up what’s next before it has even happened. The firm’s Hype Cycle maps the familiar path from promising new technology to ‘hot technology buzz word du jour,’ and (maybe) on to useful, less buzzy technology that’s actually being used. More important: the Gartner Magic Quadrant rates technology companies (and their products) according to a set of criteria that includes how forward-looking (or “visionary”) the company is. Given the sway Gartner’s ratings have in companies’ willingness to invest in products, it’s a foregone conclusion that companies Gartner picks to ‘do well’ end up…umm…doing well. Gartner has an interest in finding the next big thing in every market – but also of preserving as much of the status quo as possible. (All those quadrants generate some serious cash!!) So I was interested to read about […]
Tomorrow afternoon, Security Ledger, with help from our sponsor Veracode, will record its first video conversation. The show’s name: Talking Code (#talkingcode). The topic: application security, and – in particular – securing the supply chain. Joining me for the discussion will by Chris Wysopal, the co-founder and CTO of Veracode and Joshua Corman, the Director of Security Intelligence at Akamai Inc. Two things: you can send us questions or comments on Twitter. Our discussion will be filmed in studio, not live, but we’ll be tweeting comments live and engaging in realtime via Twitter. Just use the hashtag #talkingcode to pose questions. Say the term “supply chain,” and people immediately think of automobile and electronics manufacturers, who must assemble products from components makers scattered around the globe. These days, however, its not just manufacturers who have to worry about supply chains. Almost every company has a “supply chain” in one form or […]
Cyber criminals are notoriously crafty and persistent, especially when it comes to defeating security measures created to thwart them. But a group behind a recent version of the Ramnit banking malware has raised their game to a new level: hacking the customer FAQ (frequently asked questions) document to make their malicious activity look like it was business-as-usual. A report on Tuesday by the security firm Trusteer finds that new variants of Ramnit targeting a UK bank have added features to game a one-time-password (OTP) feature at the bank. Among other tricks, the Ramnit variant uses an HTML injection attack to alter the wording of the bank’s customer FAQ, making it seem as if prompts created by the malware were standard security features at the bank. The report, published on the Trusteer blog, described a complex ruse in which Ramnit lies dormant on infected machines, then springs to action once a […]