SEC Investigates FIN4 Hacker Group

Source: National Cyber Security – Produced By Gregory Evans

The U.S. Securities and Exchange Commission (SEC) has contacted at least eight public companies seeking information on data breaches as part of an investigation into the FIN4 hacker group, Reuters reports. FIN4, which targets top executives, legal counsel, scientists and researchers at public companies with the aim of breaching their email accounts in order to access insider data, was first exposed by FireEye in a report published last year. “FireEye believes FIN4 intentionally targets individuals who have inside information about impending market catalysts — events that will cause the price of stocks to rise or fall substantially in a short period of time,” the report stated. Approximately two thirds of the companies targeted by FIN4 are healthcare and pharmaceutical companies, according to FireEye, due to the fact that stocks in those industries can move dramatically in response to news of clinical trial results, regulatory decisions, or safety and legal issues. John Reed Stark, former head of Internet enforcement at the SEC, told Reuters it’s an “absolute first” for the SEC to contact companies seeking more information on data breaches in connection with insider trading. “The SEC is interested because failures in cyber security have prompted a dangerous, new method of unlawful […]

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Israeli cyber start-up Checkmarx nets $84m investment

Source: National Cyber Security – Produced By Gregory Evans

raeli cyber-security start-up Checkmarx announced Thursday that it had received an $84 million investment from New York-based venture capital and private equity firm Insight Venture Partners. The new round of capital will be primarily used to further accelerate growth through product innovation and global expansion. Details of the deal were not disclosed. Reports in the Israeli media earlier in the week depicted the investment as a “buyout” of Checkmarx, with Insight, a venture capital firm worth $10 billion, acquiring as much as three quarters of the company. The company did not comment on its equity arrangements with the new investor. Checkmarx is a good investment regardless of who is running the company. Revenue is up 100% so far in 2015 over last year, and the company currently serves over 700 customers worldwide including Salesforce.com, the US Army, Samsung, Deutche Telekom, Deloitte, PwC, Atlassian, LivePerson, and Playtech — all of which use the company’s technology to check their in-house software. Checkmarx tries to deal with a major problem in the information technology world. Many studies indicate that programmers and tech staff just don’t “get” the importance of security. One study by IT computer security consultancy and training firm 7Safe, for example, […]

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Ministry of Defence fends off ‘thousands’ of daily cyber attacks

Source: National Cyber Security – Produced By Gregory Evans

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. The UK’s Ministry of Defence is being hit by “hundreds, if not thousands” of serious attempted cyber attacks every day, the officer in charge of defending the armed forces’ computer networks has said. The British military is a magnet for international espionage attempts, according to Brigadier Alan Hill, head of Operate and Defend at the MoD. Britain’s military systems — which together make up the single-largest computer network in Europe — log more than 1m suspicious incidents every 24 hours. High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. “I deal with a lot [of attacks] every day of a varying nature,” said Brig Hill. “What the attackers are after has not changed — it is the complexity of the attacks [that has]. It is evolving almost daily and we have to stay […]

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Scientology Hacking Scandal! Two Leading Church Critics Were Hacking Victims, Dept. Of Justice Reveals — FBI Investigation Next?

Source: National Cyber Security – Produced By Gregory Evans

Two leading Scientology critics are calling upon the FBI and U.S. Attorneys office to investigate the church today after they were notified by the Department of Justice that they have been the victims of a hacker. Eric Saldarriaga, a private investigator from Queens, NY, pleaded guilty to a charge of conspiracy in March for hiring a hacker to help him access at least 60 private email accounts, including those of Scientology critics Mike Rinder (a former leader of the church) and journalist Tony Ortega. Saldarriaga will be sentenced to up to six months in prison tomorrow, June 26, and ahead of the sentencing Rinder and Ortega were notified that they were two of his victims. The two men prepared victims’ statements for the court to consider, and both alleged that Saldarriaga was nothing more than a Scientology fall guy. “In November, 2013, I caught Saldarriaga ‘spoofing’ one of the email addresses associated with this website,” Ortega wrote on tonyortega.org Thursday. “…Saldarriaga had made it look like emails from him were actually coming from me … I immediately notified my attorney.” Ortega’s attorney looked into the matter, but Saldarriaga’s attorney insisted “that Saldarriaga was not working for Scientology,” Ortega wrote. However, […]

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What Is The Most Interesting Attack Made On A Website?

Source: National Cyber Security – Produced By Gregory Evans

While not specifically a website hack, probably the most impressive Internet-related hack I can think of involved was “Internet Census 2012″, performed by a security researcher/hacker took over many, many embedded devices in order to create what may have been the most detailed map of the Internet up to that date. The distribution of the affected devices looked like this: The effort was simple yet breathtaking. Many Internet-enabled devices such as routers, uninterruptible power supplies, printers, and more esoteric gadgets support a remote command shell and are left with default passwords (or no passwords) in their final deployment. The person behind this effort harnessed them into a botnet, but unlike most botnets, which are often used for spammingor Distributed Denial of Service (DDoS) attacks, these were used to send probes that were heard around the world, creating maps of Internet topography, including this one: All in all, the botnet involved spanned over 420,000 devices, and this wasn’t even the upper limit to the number which could have been taken over. When they were done, the researcher quietly deleted his or her code from the affected systems, left them intact with the passwords unchanged, published their work, and went about their […]

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Beware cyber crooks as you post information online

Source: National Cyber Security – Produced By Gregory Evans

Did you know that by accepting Facebook requests from people you do not know and have no mutual friends with puts you and your loved ones at the risk of cyber crime? By including your personal information such as where you live, where you work and other personal information such as home and postal addresses and phone numbers, leaves you exposed to cyber crime? By definition, cyber crime is defined as crime conducted via the Internet or some other computer network. Global IT company, Cyber Roam, states that cyber criminals use social media not only to commit crime online, but also for carrying out real world crime owing to over-sharing across the different social platforms. For instance, if someone wanted to kidnap or attack you, they could simply go to your Facebook wall to fetch your information, including your photos. You, on the other hand, would have probably posted a status such as, ‘Leaving work in 10 minutes time,’ or ‘too tired…heading to a bar for a drink or two!’ and the post could also include your location. That makes you, and the millions of people around the world who update such statuses, an easy target of cyber crime. Norton […]

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Risk Evaluation Report Finds Mobile Banking Leaves Some Banks More Vulnerable to Cyber Attacks

Source: National Cyber Security – Produced By Gregory Evans

While mobile banking is no doubt convenient for customers – and banks – there’s a significant downside to the fact that more and more financial institutions are using the technology: an increased risk that your personal information will fall in the hands of a cyber criminal. A new report [PDF] from the U.S. Office of the Comptroller of the Currency suggests that banks’ strategies to implement mobile technology often leaves their infrastructure open to cyber attacks, the Chicago Tribune reports. According to the OCC’s semiannual risk perspective report released on Tuesday, banks are increasingly embracing the use of technology such as cloud computing and mobile banking to stave off the competition. While the ease of mobile banking and other advances can not only save customers time but save banks money, the OCC found that these systems can “increase exposure to technological and operational risk.” “Banks and their employees, customers and third-party service providers continue to be vulnerable to cyberattacks that can compromise data or systems or allow criminals to illegally obtain personally identifiable information,” the report states. The report also found that many banks lacks sufficient response plans if they find themselves on the wrong side of a cyber attack. “There are […]

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Cyber security is a board room issue, says CBI

Source: National Cyber Security – Produced By Gregory Evans

Speaking at the CBI Cyber Security Conference, Fell says: “Getting cyber security right is critical for modern businesses, whatever their sector or size. “Awareness of this critical business risk has risen in recent years, especially as the number of prominent cyber hacks hitting the headlines has sharply increased. “Unfortunately, even as awareness in the business community has increased, with a small uptick in action, there is still a disconnect between awareness and action – especially for our high growth small and medium sized businesses, who are at just as much at risk as global brands. “Nearly all businesses suffer cyber-attacks – 81 per cent of large businesses suffered a security breach last year alone, with the figure for small businesses at 60 per cent. “Whilst the number of these attacks is going down, as hackers have become more sophisticated and targeted, the cost of these attacks almost doubled last year. “That puts the average cost for large businesses between £600,000 and £1.15 million and for small businesses between £65,000 and £115,000. “Like any other large scale threat to your company, the issue of effective cyber security should be firmly on the agenda of the board. “Yet only about half of […]

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Two men arrested in separate cyber crimes

Source: National Cyber Security – Produced By Gregory Evans

Attorney General Buddy Caldwell announced today that two men have been arrested in separate incidents for crimes that victimized children. Christopher Cote, 32, of 70099 2nd Street, Covington, was arrested last week on one count of molestation of a juvenile under the age of 13 and on 35 counts of possessing pornography involving juveniles. He was booked into the St. Tammany Parish Jail. The arrest was a result of a joint investigation involving the Attorney General’s Cyber Crime Unit, St. Tammany Parish Sheriff’s Office and Homeland Security Investigations. If convicted, Cote faces up to 20 years in prison for each count of pornography involving juveniles. He faces a minimum sentence of 25 years in prison at hard labor for the count of molestation of a juvenile. “Our investigators and their counterparts from federal, state and local law enforcement agencies across Louisiana are doing everything they can to apprehend those individuals who would prey upon our most vulnerable citizens,” Attorney General Caldwell said. “My office is committed to utilizing the best resources available to continue capturing these predators and protecting our children.” In an unrelated incident, Danny Paul Williams, 31, of 400 Westside Blvd Apt. 204, Houma, was arrested this week […]

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