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August 16, 2018

Hanging Up on Mobile in the Name of Security

This post was originally published on this siteAn entrepreneur and virtual currency investor is suing AT&T for $224 million, claiming the wireless provider was negligent when it failed to prevent thieves from hijacking his mobile account and stealing millions of dollars in cryptocurrencies. Increasingly frequent, high-profile attacks like these are prompting some experts to say the surest way to safeguard one’s online accounts may be to disconnect them from the mobile providers entirely. The claims come in a lawsuit filed this week in Los Angeles on behalf of Michael Terpin, who co-founded the first angel investor group for bitcoin enthusiasts in […]

October 2, 2018

When Security Researchers Pose as Cybercrooks, Who Can Tell the Difference?

This post was originally published on this siteA ridiculous number of companies are exposing some or all of their proprietary and customer data by putting it in the cloud without any kind of authentication needed to read, alter or destroy it. When cybercriminals are the first to discover these missteps, usually the outcome is a demand for money in return for the stolen data. But when these screw-ups are unearthed by security professionals seeking to make a name for themselves, the resulting publicity often can leave the breached organization wishing they’d instead been quietly extorted by anonymous crooks. Last week, […]

June 3, 2019

Report: No ‘Eternal Blue’ Exploit Found in Baltimore City Ransomware

This post was originally published on this siteFor almost the past month, key computer systems serving the government of Baltimore, Md. have been held hostage by a ransomware strain known as “Robbinhood.” Media publications have cited sources saying the Robbinhood version that hit Baltimore city computers was powered by “Eternal Blue,” a hacking tool developed by the U.S. National Security Agency (NSA) and leaked online in 2017. But new analysis suggests that while Eternal Blue could have been used to spread the infection, the Robbinhood malware itself contains no traces of it. On May 25, The New York Times cited […]

July 30, 2019

Capital One Data Theft Impacts 106M People

This post was originally published on this siteFederal prosecutors this week charged a Seattle woman with stealing data from more than 100 million credit applications made with Capital One Financial Corp. Incredibly, much of this breached played out publicly over several months on social media and other open online platforms. What follows is a closer look at the accused, and what this incident may mean for consumers and businesses. Paige “erratic” Thompson, in an undated photo posted to her Slack channel. On July 29, FBI agents arrested Paige A. Thompson on suspicion of downloading nearly 30 GB of Capital One credit […]