Tag: crime

Update: Retail Breaches Spread. Point of Sale Malware A Suspect.

Reuters is reporting on Monday that the recently disclosed hack of box store retailer Target Inc. was just one of a series of attacks against U.S. retailers, including Target, the luxury department store Neiman Marcus and other, as-yet-unnamed companies.* The story adds to other, recent revelations, including the breach at Neiman Marcus, which was first disclosed by the security blog Krebsonsecurity.com on Friday. Also on Monday, Target CEO Gregg Steinhafel confirmed that his company was the victim of malicious software installed on point of sale (PoS) systems at the store. According to the Reuters report, Target Corp and Neiman Marcus are just two retailers whose networks were breached over the holiday shopping season. The story cites unnamed sources “familiar with attacks,” which have yet to be publicly disclosed. Breaches of “at least three other well-known U.S. retailers took place and were conducted using similar techniques as the one on Target,” according […]

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Report: Cards Stolen From Target Used – at Target

The web site that first broke the news that data on millions of credit cards was lifted from box retailer Target now reports that those cards are being used to make fraudulent purchases at brick and mortar stores- including at Target itself.   Writing on the website Krebsonsecurity.com, Brian Krebs said that so-called “dumps” of stolen card data are flooding underground “carder” web sites where cyber criminals fence stolen card information. Citing an unnamed source at a New England bank, Krebs said that the bank had, with his help, purchased about 20 cards for its customers that were offered for sale on rescator(dot)la, the carder web site, and confirmed that all the stolen cards had been used at Target. Furthermore, the source confirmed to Krebs that some of the stolen cards had already been used to make fraudulent purchases – including at Target and other big box retailers. Only one […]

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Target Confirms Massive Breach – 40 million Credit Cards Affected

Black Friday just got a bit more black. Target Corp., one of the U.S.’s leading retail outfits, confirmed in a statement Thursday morning that reports of a massive breach of the company’s payment infrastructure, resulting in the exposure of data on an estimated 40 million credit and debit card accounts. The statement, released on Target’s website, follows media reports on Wednesday citing reports from leading credit card issuers. In it, the company confirmed “it is aware of unauthorized access to payment card data that may have impacted certain guests making credit and debit card purchases in its U.S. stores.” According to statements by Target, the credit card data was stolen between Nov. 27 and Dec. 15, 2013 and includes customer name, credit or debit card number, and the card’s expiration date and the CVV, or three-digit security code. Shoppers at the company’s U.S. stores were affected, but the breach did not affect Target’s Canadian […]

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BitCoin’s Popularity Is Undermining Promises of Anonymity

The virtual currency Bitcoin has soared in value against the U.S. dollar in recent months, topping out a staggering $913 USD to 1 Bitcoin (or BTC) as of late Tuesday. The currency had many ups and downs since it was launched in January 2009. But its main attraction, all along, has been anonymity. Unlike any other online payment system, Bitcoin transactions – like cash transactions – cannot be traced back to specific individuals. Also like cash, they cannot be reversed. Both those factors give Bitcoin users the confidence that their online purchasing activity – whether computer hardware or contraband will remain private. But a group of researchers at two U.S. universities have released a paper that suggests reports of Bitcoin’s anonymity may (to paraphrase Twain) “be greatly exaggerated.” Specifically: the researchers found that, by culling a variety of open source data using public data from the Bitcoin Peer to Peer network and from […]

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BitSight: A Equifax For Security Risk?

I’ve opined in these pages and elsewhere that one of the big problems in the IT security space is the absence of actionable data. After all, problems like denial of service attacks, network compromises and inadvertent data leaks are all just risks that organizations and individuals must grapple with in our increasingly wired world. True – they’re new kinds of risks, but otherwise they’re not fundamentally different from problems like auto accidents, property crime or illness – things  that we do a good job accounting for. The difference, as I see it, is an absence of accepted and independent means of assessing the relative security posture of any organization. IT security is still so much dark magic: we rely on organizations to tell us about how secure they are. Organizations, in turn, rely on a complex and patchy network of security monitoring and detection tools, then try to read the […]

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