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ZDNet ST. MAARTEN: The cybercriminals allegedly responsible for an attack on Bangladesh’s central bank which left the country’s wallet millions of dollars lighter is showing “no signs of stopping,” according to security experts. The group, dubbed Lazarus, managed to dupe banking staff into transferring $80 million from the Central Bank of Bangladesh’s New York Federal Reserve account after spending several months studying how the financial institutions communicated […]

ZDNet ST. MAARTEN: Researchers have discovered an ancient APT used to target the Pentagon decades ago is now being utilized by modern cyberattackers. On Monday, at the Kaspersky Security Analyst Summit in St. Maarten, researchers from Kaspersky and Kings College London said that Moonlight Maze, which sent fear shooting through the hearts of US agencies over two decades ago, is still finding relevance in modern-day attacks. The […]

The number of data breaches in the Middle East has risen 16.67 percent since 2015 as hackers become increasingly sophisticated, according to research. New data from global cybersecurity firm Gemalto found that approximately 45.2 million data records in the Middle East were compromised in 2016, compared to 38.5 million in the previous year. Globally, 1.4 billion data records were compromised in 2016 as hackers targeted large-scale databases […]

In 2016, more than 4 billion records were leaked worldwide, exceeding the combined total from the two previous years, according to a report from IBM Security. In its IBM X-Force Threat Intelligence Index 2017, Big Blue explained the leaked documents comprised the usual credit cards, passwords, and personal health information, but also noted a shift in cybercriminal strategies, finding a number of significant breaches were related to […]

(Image: file photo) Microsoft has quietly removed a feature on its document sharing site Docs.com that allowed anyone to search through millions of files for sensitive and personal information. Users had complained over the weekend on Twitter that anyone could use the site’s search box to trawl through publicly-accessible documents and files stored on the site, which were clearly meant to remain private. Among the files reviewed […]

Federal investigators are looking at whether the $81 million stolen from a Bangladesh central bank account at the Federal Reserve Bank of New York last year has links to North Korea. This is due to similarities in the code used in the online heist and in an earlier breach of Sony Pictures, according to two insiders quoted by Bloomberg and who asked to remain unidentified since the […]

Revealed: New York airport’s wave of security lapses US and UK intelligence allegedly hacked smart TVs for surveillance purposes Easily hacked IoT devices can turn a university’s network against itself Major US cities are plagued by millions of exposed IoT devices New malware uses browser to destroy European hard drives What you need to know about the Yahoo breach (via PCMag)

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STOCKHOLM, March 17 Swedish lenders Nordea and Handelsbanken will face no further sanctions for their involvement in the Panama Papers scandal as they had already been fined and acted to remedy the shortcomings, the country’s financial watchdog said on Friday. The financial watchdog opened investigations into all four major Swedish banks after they appeared in a leak of more than 11.5 million documents last year from the […]

Messaging apps WhatsApp and Telegram had a severe security flaw that allowed hackers to hijack users’ account with just one image, security researchers reveal. Check Point Security researchers just disclosed a serious vulnerability that allowed hackers to hijack hundreds of millions of WhatsApp and Telegram accounts simply by sending a malware-laden image. The hack targeted the method in which both Telegram and WhatsApp process images and multimedia files. […]

A grand jury in California has charged four people — including two Russian intelligence officers — in a pair of computer hacks against Yahoo that victimised hundreds of millions of consumers, the US Justice Department said on Wednesday. The men penetrated Yahoo’s email accounts, often using “spear phishing” emails, and used information they obtained to access other accounts at Yahoo and Google. Among those targeted were Russian […]

By Emily Stephenson | WASHINGTON WASHINGTON An intruder carrying a backpack entered the White House grounds late Friday and was arrested at an entrance near the part of the building where the president resides, the U.S. Secret Service and CNN said on Saturday. President Donald Trump, who was in the White House at the time, was not in any danger from the security breach, CNN reported, citing […]

By Trevor Hunnicutt and Gertrude Chavez-Dreyfuss | NEW YORK NEW YORK The U.S. Securities and Exchange Commission on Friday denied a request to list what would have been the first U.S. exchange-traded fund built to track bitcoin, the digital currency. Investors Cameron and Tyler Winklevoss have been trying for more than three years to convince the SEC to let it bring the Bitcoin ETF to market. CBOE […]

Account takeover (ATO) is the downstream effect of a worrying rise in massive data breaches and phishing attacks. Criminals have easy access to billions of credentials, which they systematically test on sites and apps until they find a match. With 48 percent of online businesses experiencing a rise in ATO attempts in 2016, are you doing enough to prevent your users’ accounts from being hacked? ATO is […]

On Tuesday Republicans initialized the first step in rolling back the Federal Communications Commission’s internet privacy rules, with 25 U.S. senators introducing a new resolution that would cause their reversal, and even forbid the commission from passing anything similar in the future. Introduced last year, the privacy rules were an addendum to the net neutrality order, which required the FCC to handle enforcement of privacy protection form […]

By Dustin Volz and Jonathan Landay | WASHINGTON WASHINGTON The disclosure this week of documents describing secret CIA hacking tools shows that intensified U.S. government efforts to prevent leaks by intelligence agency employees and contractors have largely failed, cybersecurity professionals and intelligence officials say. If the Central Intelligence Agency disclosures are confirmed to be the work of an intelligence agency contractor, as government investigators currently suspect, it […]

DUBAI, UAE, March 8, 2017 /PRNewswire/ — Over 1,300 IT and security stakeholders gathered in Riyadh to advance discussions on collaboration, standardization and a unified approach to mitigate cyber threats. Under the endorsement of Saudi Arabia’s Crown Prince His Royal Highness Mohammed bin Nayef bin Abdulaziz Al Saud, the National Cyber Security Center NCSC, representative of Ministry of Interior, in partnership with Naseba organized the 2nd International […]

Thousands of documents said to be from the CIA’s Center for Cyber Intelligence, a senior elite hacking unit within the US intelligence agency, have been leaked. The documents, released Tuesday by the website WikiLeaks, could not be immediately verified, but as the Associated Press noted, the website has a long track record of releasing classified government documents. WikiLeaks said that the documents span 2013 to the end […]

Ismail, a 20-year-old Emirati, has rarely ever stepped into a bank branch. “You won’t believe I haven’t visited my branch for over a year. All my transactions are done online,” he says, as he clicks an app on his phone to make a payment. “I just paid my bill and that’s how it works for me. All the services are at my fingertips and I save immense […]

Branden Spikes says he has led a charmed life. Boasting an IT career that started in Silicon Valley when the web was born, Spikes was in the midst of the “awesome craziness” that occurred as a result of the dotcom boom — not to mention “the craziness” that he said followed. “The invention of the web was happening right in my backyard at a time when I […]

Yahoo CEO Marissa Mayer says that she wants her annual bonus and equity stock grant redistributed to employees, following the security breaches that happened in 2013 and 2014 but came to light only in 2016. In a Tumblr post, the executive made the announcement, saying that she’s holding herself accountable for the 2014 hack, which occurred during her term. “I am the CEO of the company and […]

Kim Smith was not given terms and conditions when her employer offered her a fitness tracker last year. The 27-year-old, who holds a junior position in a big media company, entered data such as how much water she drank and her weight on the GPS-enabled device. The number of steps she — and her colleagues who joined the programme — took each day were recorded on a […]

Top executives at some of the world’s biggest banks and insurers will have to vouch for their companies’ resilience to cyber attacks, under tough rules laid down by New York’s state regulator. A new regulation, which takes effect on March 1, requires companies supervised by New York’s Department of Financial Services to establish and maintain a cyber security programme that can protect consumers’ private data and “ensure […]

Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. A few months ago Vice founder Shane Smith fronted a superior Vice-HBO documentary, “A House Divided,” that detailed the issues, tactics and rancor that dominated Barack Obama’s relations with a Republican-dominated Congress. Now he sees “a perfect storm” that involves […]

Verizon has announced that it will buy Yahoo’s core business after all, but at a $350 million discount since the internet company had two massive cyberattacks. The Verizon-Yahoo deal has been in the cards for a good while now and the companies have been negotiating the terms of the agreement. After two massive Yahoo data breaches came to light last year, however, the deal was not that […]

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