online shopping

CSM 7-IOT Thumbnail

Set Top Boxes To Surveillance: Cisco Aims To Be IoT’s 600lb Gorilla

Cisco Systems is one of the biggest ecosystem players with its eyes trained on the Internet of Things. This makes sense. After all, the company made its fortune selling the gear – routers and switches – that make the Internet hum, and that helped extend Internet connectivity to homes and businesses.   Along the way, Cisco has been aggressive about acquiring new and promising technologies that promise to grow its top line. took some bad turns – unsuccessfully branching into consumer electronics in 2009 with the acquisition of Pure Digital, maker of the Flip camcorder, and Linksys, a maker of home networking gear, in 2003. The company discontinued the Flip product and sold Linksys to Belkin earlier this year amid a major corporate shake-up designed to re-focus the company. Now, with the next wave (Cisco calls it the 4th) of Internet connectivity upon us – namely: the “Internet of Things” (or […]

Gen. Alexander - Black Hat

U.S. Cyber Chief Says “Trust Us” On NSA Spying

The head of the U.S. Cyber Command, Four-Star General Keith Alexander, told an audience of skeptical and sometimes hostile security experts and hackers that they should have faith that the U.S. National Security Agency (NSA) isn’t abusing its access to cell phone meta data and other online communications in its pursuit of terrorists who “live among us.” Speaking before a packed audience that included some of the country’s top computer security and privacy experts, Alexander spoke in measured tones about PRISM, the omnibus data collection program that was exposed in documents leaked by a former Booz Allen Hamilton contractor, Edward Snowden, saying that it had directly led to the disruption of 53 of 54 discrete “terrorist related activities” in the U.S., Europe, Asia and Africa since the September 11, 2001 terrorist attacks on New York and Washington, D.C. Adopting images and a tone common in the years immediately following 9/11, […]

Could Ad Networks Power Massive, Browser-Based Botnets?

When it comes to security, the web is insecure-by-design. We’ve known that for a long time – what with “man in the middle” attacks like FireSheep, drive-by download attacks and more. The problem has always been how to scale web based attacks. At the end of the day, having an attack web page is great but, like every other website owner, you still have to figure out how to get people to visit your site! Now researchers at WhiteHat security say they’ve found an easy way around the “scale” problem: ad networks. In a presentation at Black Hat this week, Jeremiah Grossman, the CTO of WhiteHat Security, and Matt Johansen, the Manager of Threat Research there, will show how would-be attackers can parlay a small cash outlay into a sizeable browser-based botnet that could be used to send out spam, spread malicious code or launch denial of service attacks on other web […]

Welcoming A New Sponsor: Gemalto

Just a note to my loyal readers that The Security Ledger is welcoming a new sponsor this week: Gemalto. If you’re not familiar with them, Gemalto NV (GTO) is a ~3B firm that makes a wide range of software for e-identity documents, chip payment cards, network authentication devices and wireless modules, as well as the software to manage confidential data and secure transactions in the telecommunications, financial services, e-government, and information technology security markets. This is an especially exciting win for The Security Ledger because Gemalto, with 10,000 employees and offices in 46 countries is a key supplier to the global Internet of Things. Products like its Protiva platform provide the foundation of trust that undergirds online person-to-machine and machine-to-machine transactions and exchanges of all kinds: on mobile devices, smart cards, medical devices, automobiles and more. We’re really excited to have Gemalto on board as a Security Ledger sponsor. Please join […]

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 […]