The top news this week is about Wall Street giant JP Morgan Chase, which disclosed on Thursday that a previously disclosed breach was much larger than initially believed, affecting more than 75 million account holders. And once again, reports suggest that a compromised employee account may be at the root of the incident. Bloomberg, which first broke the news of the cyber attack on JPMorgan Chase in August, said on Friday that hackers exploited an employee’s access to a development server as part of an attack on a JPMorgan Chase & Co. server that led to one of the largest cyber-attacks ever and the theft of data on 76 million households and 7 million small businesses. According to the Bloomberg report, which cited “people familiar with the bank’s review,” the breach started in June when an employee’s user name and password for what’s described as “a web-development server” were compromised. From that […]
Passwords
For Cyber Security Awareness Month: Change Your Passwords, Or Ditch Them?
October has arrived. And while that means colorful foliage and Halloween for many of us, it is also a special time in the information security industry: cyber security awareness month – or NCSAM. Security Ledger will be supporting NCSAM this month with banner ads and other content that highlight NCSAM events. Cyber Security Awareness Month – in its 11th year- is a public-private effort to raise public awareness about online security and safety. It’s best known for the “Stop. Think. Connect.” meme, but also is an occasion for elected officials and private sector firms to highlight cyber security issues. In a Presidential Proclamation released on Tuesday, President Obama called cyber threats “one of the gravest national security dangers the United States faces.” “They jeopardize our country’s critical infrastructure, endanger our individual liberties, and threaten every American’s way of life. When our Nation’s intellectual property is stolen, it harms our economy, […]
Infographic: Possible Attacks on The Internet of Things
The folks over at Trend Micro have put together a nice infographic that reminds us that all those smart devices connected to the Internet communicate through some well worn channels, namely: standard communications protocols like Wi-Fi, Ethernet and Bluetooth that connect devices to each other and the global Internet, as well as HTTP that are used to transmit data to and from cloud based resources like management interfaces. Of course those standard protocols also leave IoT devices vulnerable to a wide range of commodity attacks: from brute force password cracking on web based management consoles to Man in the Middle attacks that can sniff out authentication credentials and hijack sessions. Trend’s infographic does a good job of depicting the various layers in the IoT stack and some of the likely attack vectors for each layer. It also gives advice on how to protect yourself (use encryption, patch software vulnerabilities, disable unused ports). Nothing ground breaking […]
Online Authentication Group FIDO Alliance Grabs A Big Bone: Alibaba
The FIDO Alliance, an up-and-coming industry consortium aimed at simplifying online identity and doing away with passwords added IPO darling Alibaba to its Board of Directors, according to a statement on Tuesday. The FIDO (or “Fast IDentity Online”) Alliance announced that Alibaba Group’s payments business, Alipay will be among the first to deploy FIDO technology for secure payments authentication. On September 17, the company announced that it will use Nok Nok Labs’ FIDO-compliant NNL™ S3 Authentication Suite to enable secure online payments via the Fingerprint Sensor (FPS) technology on the Samsung Galaxy S5. Alipay customers will be able to make payments and transfers using Alipay’s mobile application, Alipay Wallet by applying their fingerprint to the Galxy’s fingerprint sensor. “We look forward to participating on the FIDO Alliance board, and assuring that commerce and authentication are uniquely cooperative and seamlessly compatible,” said Ni Liang, Alibaba group, senior director, department of security, in a statement. Mobile payments […]
Senate Report Warns of Attacks on Military Transport Contractors
A Senate Armed Services Committee investigation has found evidence that hackers associated with the Chinese government compromised the computer systems of U.S. Transportation Command contractors at least 20 times in a single year. The attacks pose a serious risk to the system that moves military troops and equipment. The Committee released the report on Wednesday. (PDF copy here.) It presented the results of a year-long investigation of U.S. Transportation Command, or “TRANSCOM,” found a serious gap in awareness and reporting requirements. TRANSCOM was only aware of two of the 20 intrusions, while U.S. Transportation Command remained mostly unaware of the computer compromises of contractors during and after the attacks. “These peacetime intrusions into the networks of key defense contractors are more evidence of China’s aggressive actions in cyberspace,” said Sen. Carl Levin, D-Mich., the committee’s chairman in a published statement. “Our findings are a warning that we must do much more to protect strategically significant […]