Phishing

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 […]

Discrete Malware Lures Execs At High-End Hotels

Kaspersky Lab has a fascinating write-up of malware it is calling “DarkHotel.” The information-stealing software is believed to target traveling executives. Curiously, Kaspersky says the malware may be almost a decade old and is found only on the wireless networks and business centers of select, high-end hotels. Reports about targeted attacks on traveling executives are nothing new. However, the Kaspersky report (PDF version here) may be the most detailed yet on a specific malicious software family that is devoted to hacking senior corporate executives. According to Kaspersky, the DarkHotel malicious software maintained a presence on hotel networks for years, with evidence of its operation going back as far as 2007. The malware used that persistent access to target select hotel guests, leveraging check-in/check-out and identity information on guests to limit attacks to high value targets. Targeted guests were presented with iFrame based attacks that were launched from the hotel’s website, […]

Retailers Demanding Federal Action on Data Breach

Add retailers to the chorus of voices calling for federal legislation on cyber security and data protection. In an unusual move, retail groups from across the U.S. sent a letter to Congressional leaders that urged them to pass federal data protection legislation that sets clear rules for businesses serving consumers. The letter, dated November 6, was addressed to the majority and minority party leaders of the U.S. Senate and the House of Representatives and signed by 44 state and national organizations representing retailers, including the National Retail Federation, the National Grocers Association, the National Restaurant Association and the National Association of Chain Drug Stores, among others.   “The recent spate of news stories about data security incidents raises concerns for all American consumers and for the businesses with which they frequently interact,” the letter reads. “A single federal law applying to all breached entities would ensure clear, concise and consistent notices to all […]

Study Reveals (Sad) Psychology of Facebook Scam Victims

Bad is good enough, according to a study of over 850,000 Facebook scams by the antivirus software provider Bitdefender. (PDF version of the report is here.) The two-year study of Facebook scams in the UK, the US and Europe found that a short list of lame, repackaged tricks are a well that never runs dry: fooling Facebook users by playing on their curiosity, vanity or naiveté.   Almost half of social media e-threats prey on users’ curiosity. Far and away the top category of scam on Facebook  are ‘profile view’ scams that offer Facebook users the ability to see who has viewed their profile. That ruse accounted for 45% of all scams on the 1 billion strong social network. The scam has been linked to malicious software downloads – often in the form of browser ‘plug-ins’ that promise to reveal Facebook profile views. It works well because it plays on Facebook users curiosity […]

Customer Support A Weak Link In Two Factor | Ars Technica

Ars Technica has an interesting write-up on an apparently successful compromise of Google’s two-factor authentication technology. Though in this case, the culprit wasn’t any system Google deployed or managed, but a gullible customer support representative working for the victim’s cell phone carrier. According to this post over at Facebook-for-hipsters site Ello.co, Grant Blakeman woke up on a recent Saturday morning to find that his Google account had been hijacked – despite the fact that he used Google’s two-factor authentication to protect access to the account. How? Blakeman enlisted the help of none-other than Mat Honan, whose own struggles with account hijacking became the subject of a much-cited Wired feature article. As with Honan, Blakeman’s valuable three-character Instagram account, @gb, appears to have been the lure for hackers. (Honan’s @mat Twitter account was what lured his attackers.) Read “Researchers sidestep Paypal Two-Factor Authentication.” After a conversation with Honan, Blakeman contacted his cell provider and […]