crime Archives

Tag: crime

Europol Warns of Internet of Things Risk

October 6, 2014 Paul Roberts

In a newly released report, Europol’s European Cybercrime Center (EC3) warns that the growth of the Internet of Things (IoT) threatens to strengthen the hand of organized cyber criminal groups and make life much more difficult for police and governments that wish to pursue them. EC3’s latest Internet Organized Crime Threat Assessment (iOCTA) says the “Internet of Everything” will greatly complicate the work of law enforcement creating “new opportunities for everything from cyber criminals to state actors to child abusers. The growing numbers of connected devices will greatly expand the “attack surface” available for cyber criminal activity, the EC3 warns. Cyber criminals may co-opt connected devices for use in common criminal activity (like denial of service attacks and spam campaigns). However, advancements like connected (“smart”) vehicles and infrastructure create openings for large scale and disruptive attacks. The report, which was published late last months, is a high level position paper and pulls data mostly […]

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 […]

Report: Home Depot Fallout Reveals History of Lax Security, Hiring

September 23, 2014 Paul Roberts

Its a truism in cyber security that behind every great hack often lies a string of bad decisions and missed opportunities. Its also true that when you dig into the details of damaging cyber incidents, the root causes are personal and psychological as often as they are technical in nature. Organizations -even sophisticated and wealthy organizations – end up making bad decisions for all the wrong reason: failing to properly assess their risk, or pursuing short term savings when long term investment is needed. Home Depot learned via law enforcement that a breach of transaction data exposed as many as 52 million credit card transactions, the largest retail credit card breach to date. But as more comes out about the breach at home improvement giant Home Depot, it starts to look a lot more like the root causes there may have started in the HR department rather than the data center. The […]

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 […]

Compromised Website Used In Attack On SoHo Routers

September 11, 2014 Paul Roberts

The folks over at the web security shop Sucuri have an interesting post today that warns of a web-based attack launched from the site of a popular Brazilian newspaper that is targeting home broadband routers. According to Sucuri, researchers investigating a breach at the web site politica . estadao . com . br uncovered evidence that the hackers were using iframe attacks to try to change the DNS configuration on the victim’s DSL router, first by trying a brute force attack on the router’s default credentials. According to Sucuri, the payload was trying to crack default accounts like admin, root, gvt and other common usernames and a variety of known-default router passwords. Small office and home office (or SoHo) broadband routers are an increasingly common target for cyber criminals because many (most?) are loosely managed and often deployed with default administrator credentials. [Read Security Ledger coverage of home router hacks here.] In March, the firm Team Cymru published a report describing a widespread compromise of […]