Hackers May Have Traded on Stolen SEC Data

Jeremy Kirk • September 22, 2017

The chairman of the U.S. Securities and Exchange Commission will face the Senate Banking Committee next week following the agency's belated disclosure that in May 2016, hackers stole secret market data from the SEC's systems and apparently used it for "illicit gain through trading."

Breach Notification

Report: North Korea Seeks Bitcoins to Bypass Sanctions

Latest

Anti-Malware

Trojanized Avast CCleaner Attack Targeted Major Tech Firms

Mathew J. Schwartz • September 22, 2017

An attack campaign involving a trojanized version of the CCleaner Windows utility, built and distributed by British developer Piriform, was much more extensive than it first appeared and may have installed backdoor software on endpoints at hundreds of large technology firms.

Breach Notification

Profiting From the SEC Breach

Eric Chabrow • September 22, 2017

Analyzing the impact of a breach of computers at the U.S. Securities and Exchange Commission leads the latest edition of the ISMG Security Report. Also, exploring alternative plans to implement cybersecurity regulations on credit reporting bureaus in the wake of the Equifax breach.

Anti-Malware

Part of FTC Complaint Against D-Link Dismissed

Jeremy Kirk • September 21, 2017

A federal judge Tuesday dismissed three of six counts in a complaint filed by the U.S. Federal Trade Commission against IoT manufacturer D-Link that alleges its sloppy security practices deceived consumers. The FTC has until Oct. 20 to amend the complaint.

Endpoint Security

Inspector General: IRS's Aging IT Puts Taxpayer Data at Risk

Eric Chabrow • September 20, 2017

The use of aging computer hardware at the Internal Revenue Service is introducing "unnecessary risks" to sensitive taxpayer information, a new report reveals. But fixing the problem will be costly.

CISO

Why Adding Technical Experts to Boards Is Urgent

Tracy Kitten • September 20, 2017

Given the current threat environment, it's urgent that organizations add technical experts to their boards of directors to help ensure the development of effective cybersecurity strategies, says Art Coviello, retired chairman of RSA.

Fraud

Visa on Growth of Card-Not-Present Fraud

Tom Field • September 19, 2017

Canada led North America in EMV adoption, and now it is seeing a commensurate growth in card-not-present fraud. Gord Jamieson of Visa Canada describes how Visa is responding to this latest wave of CNP fraud.

Breach Response

Do CISOs Need IT or InfoSec Academic Credentials?

Eric Chabrow • September 19, 2017

In the latest edition of the ISMG Security Report: a look at the former Equifax chief information security officer and whether her lack of academic credentials in IT or IT security is relevant to the massive breach at the credit reporting agency.

Anti-Malware

Avast Distributed Trojanized CCleaner Windows Utility

Mathew J. Schwartz • September 18, 2017

For one month, the installer for a widely used, free Windows utility called CCleaner also installed a malicious payload that was designed to allow attackers to push additional malware onto infected PCs, warns Cisco Talos. Developer Piriform, owned by Avast, has released updates that expunge the malware.

Anti-Malware

CDDC: One Secure Screen for Classified, Secret and Public Networks

Jeremy Kirk • September 15, 2017

Researchers in Australia says they've conquered a thorny problem: how to view information stored on multiple air-gapped networks at the same time without security or usability concerns. They've created a device, called the Cross Domain Desktop Compositor, that's been tested by the Australian Department of Defense.

Anti-Malware

Kaspersky Software Ordered Removed From US Gov't Computers

Eric Chabrow • September 13, 2017

The Trump administration is directing U.S. federal executive branch agencies to remove anti-virus software from Russian-owned Kaspersky Lab from their computers within 90 days. Kaspersky denies "inappropriate" ties to Russian government.

Breach Notification

Equifax's Latest Data Breach: Argentina

Jeremy Kirk • September 13, 2017

Equifax has a new problem on its hands: Argentina. Investigators with security consultancy Hold Security discovered that Equifax's Argentina website exposed national identity numbers for at least 14,000 citizens. But the information exposure may be far more extensive.

Breach Notification

Equifax CEO: 'We Will Make Changes'

Mathew J. Schwartz • September 13, 2017

What do you do if you're the CEO of a credit bureau that's suffered a massive breach, leading to Congressional probes, dozens of lawsuits, formal investigations by state attorneys general and calls for your resignation? Answer: Issue an apology via USA Today.