Identity Theft Archives

Identity Theft

Report: Hacked Password Behind Compromise of 75m JPMorgan Accounts

October 3, 2014 Paul Roberts

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 […]

You’re Invited: A Conversation on Password Security and Targeted Attacks

September 23, 2014 Paul Roberts

A note to Security Ledger readers that I’ll be facilitating a really interesting conversation this afternoon on password (in)security and how weak user authentication can undermine even the best laid security plans. The SANS Webinar, Security for the People: End User Authentication Security on the Internet” kicks off at 3:00 PM Eastern today (12:00 PM Pacific). You can register to join us using this link. My guest is DUO Security researcher Mark Stanislav, a frequent Security Ledger contributor and one of the smartest guys out there when it comes to passwords, authentication and securing the Internet of Things. There’s plenty to talk about: weak authentication schemes are the root cause of any number of prominent breaches – from the recent attacks the Apple iCloud accounts of A-list celebrities, to the breach at retailer Target (reportedly the result of a phishing attack on an HVAC contractor that Target used.) Mark and I […]

Consumers Embrace IoT And Wearables, Worry About Security Consequences

September 16, 2014 Paul Roberts

A new survey of consumer attitudes and expectations about technology finds that a strong majority of Americans expect wearable technology and biometric security to be common within the next decade. The survey, sponsored by the security company McAfee, asked 1,500 U.S. consumers about lifestyle and technology trends in the home and workplace. The results suggest that consumers are already adjusting their expectations about the future to include pervasive connectivity, a wealth of intelligent devices – and some of the problems that come with both. More than 60% of those surveyed by McAfee said they anticipate having connected appliances like refrigerators that will “automatically add food to a running grocery list if the product is running low.” A strong majority of those polled – 84% – said they were convinced their home security systems will be connected to their mobile device. “As technology, especially the Internet of Things, continues to rapidly advance and […]

Home Depot Acknowledges Breach of Payment Systems

September 8, 2014 Paul Roberts

Almost a week after public reports named Home Depot as a possible victim of a sophisticated cyber attack, the home improvement giant has acknowledged that it was hacked. In a statement on Monday, Home Depot said that an internal investigation confirmed a “breach of our payment data systems” took place. The breach affects the company’s U.S. and Canadian stores, though not its Mexican locations or online transactions, the company said. The incident also appears to have been long-lived. Home Depot estimates that the breach dates to April, 2014. The company did not say when it was finally shut down – though that date could be as late as July. Home Depot has been investigating the incident since it was first disclosed by Brian Krebs at the blog Krebsonsecurity. Krebs was alerted to the incident after large quantities of stolen credit cards began appearing on cyber criminal forums. Sources at […]

Report: Apple IDs Targeted by Kelihos Botnet

September 6, 2014 Paul Roberts

There’s an interesting post over on Symantec’s blog about a shift noted in the behavior of the Kelihos botnet in recent days. According to Symantec, Kelihos operators have turned their attention to Apple customers, launching a phishing email campaign aimed at Apple iCloud users and Apple ID’s and passwords. According to the post, Symantec has observed Kelihos (also known as Waledac) being used to send spam emails purporting to be from Apple, informing the victim that a purchase has been made using their account on the iTunes Store. Samples of the emails discovered by Symantec bear the subject line “Pending Authorisation Notification.” The body of the phishing email says that the victim’s account has been used to purchase the film “Lane Splitter” on a computer or device that hadn’t previously been linked to their Apple ID. The email gives an IP address that was used to make the alleged purchase and […]