PIR Bank headquarters in Moscow (Photo: Google)

Bank Hackers Exploit Outdated Router to Steal $1 Million

Mathew J. Schwartz • July 20, 2018

Hackers stole at least $920,000 from Russia's PIR Bank after they successfully compromised an outdated, unsupported Cisco router at a bank branch office and used it to tunnel into the bank's local network, reports incident response firm Group-IB.

Cyberwarfare / Nation-state attacks

'Time for US Cyber Command to Take the Gloves Off'

Latest

Breach Notification

Hackers Grab 1.5 Million Patients' Details in Singapore

Mathew J. Schwartz • July 20, 2018

Singapore's largest healthcare group has suffered a hack attack that exposed 1.5 million residents' personal details. But authorities say the "deliberate, targeted and well-planned attack" appears to have been principally designed to steal medical information pertaining to the country's prime minister.

Cyberwarfare / Nation-state attacks

Trump's Views on Russian Election Meddling: A History

Nick Holland • July 20, 2018

This edition of the ISMG Security Report includes an analysis by Executive Editor Matthew J. Schwartz on President Donald Trump's changing views on election meddling, plus an update on voter data being accidently exposed by a robocalling company.

Cybersecurity

Robocalling Firm Leaves Virginia Voter Data Online

Jeremy Kirk • July 19, 2018

RoboCent, a company that specializes in robocalling voters, left nearly 3,000 files containing detailed data about Virginia voters online by mistake. The data has been secured, but the incident points again to ongoing problems of security misconfigurations in repositories and lack of end-to-end encryption.

Blockchain Applications

Using Blockchain to Support a New Approach to ID Management

Nick Holland • July 18, 2018

Blockchain, the digital ledger used for cryptocurrency, can serve as an effective identity management platform, asserts Chris Boscolo, CEO of ZNO Labs, who describes an approach he calls "self-sovereign identity."

Cyberwarfare / Nation-state attacks

Trump's DNC 'Server' Conspiracy Rebutted

Mathew J. Schwartz • July 17, 2018

Asked in a press conference if he would denounce Russia for interfering in U.S. elections, President Trump responded with a conspiracy theory about a missing DNC server. Some security experts say Trump's response was nonsense and flies in the face of good digital forensics and incident response practice.

Data Breach

Telefónica Movistar Site Exposed Customer Billing Details

Jeremy Kirk • July 17, 2018

A Spanish consumer rights organization says telecommunications company Telefónica has fixed an elementary security error in its Movistar website that potentially exposed billing invoices for millions of customers. Telefónica says it hasn't detected fraudulent use of the data.

Breach Notification

Timehop Reveals Additional Data Compromised by Hacker

Jeremy Kirk • July 16, 2018

Timehop, the social media app that resurfaces older social media posts for entertainment, says its ongoing investigation has revealed that an attacker may have compromised more personal information than it previously suspected over the course of a breach that lasted at least seven months.

Authentication

Australian Airport Identity Card Issuer Breached

Jeremy Kirk • July 13, 2018

An Australian company that issues identity cards for access to airports has been notifying applicants and cardholders that their personal information may have been compromised, according to a news report. Australian federal police are investigating.

Breach Response

Analysis: California's Groundbreaking Privacy Law

Nick Holland • July 13, 2018

The latest edition of the ISMG Security Report features a discussion of California's groundbreaking new privacy law as well as an update on the potential impact of the hacker group responsible for the Ticketmaster breach.

Data Breach

RiskIQ: Ticketmaster Hackers Compromised Widely Used Tools

Jeremy Kirk • July 12, 2018

Magecart, the criminal group behind the recent data breach at certain Ticketmaster websites, may have also hit the company's sites in Australia, New Zealand, Turkey and Hungary, according to RiskIQ, which says the group's digital payment card skimmers may also affect as many as 800 other e-commerce sites.

Blockchain Applications

Cryptocurrency Exchange Developer Bancor Loses $23.5 Million

Jeremy Kirk • July 11, 2018

Attackers have stolen $23.5 million in cryptocurrency from Bancor, which is developing a decentralized exchange. The cause of the hack may have been a failure by Bancor to protect authentication keys that allowed for changes in its token smart contracts.

Cybercrime

Evolving Cyberattacks Against Banks

Nick Holland • July 11, 2018

A new kind of cyberattack that targeted financial institutions in Europe and Russia to steal nearly $100 million illustrates how threats are evolving, says Brian Hussey of Trustwave, who discusses mitigation steps.