The Last Watchdog

on Internet security by Byron Acohido

Apple iPhone worm turns phones into bots
November 23, 2009

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iphone_wormA malicious Apple iPhone worm — designed to turn jail-broken iPhones into bots — proves, yet again, that cybercriminal are as predictable as Seattle rain.

This  iPhone worm appeared over the weekend, arriving less than two weeks after a 21-year-old Australian researcher, Ashley Towns, released the Ikee worm — the prototype for this new type of attack.

You may recall Towns cleverly changed the wall paper of iPhones he …More

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Twilight ‘New Moon’ fans targeted for scareware and viruses
November 19, 2009

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twilghit_-newmoonblogspot-fakeTwilight fans beware. A viral marketing campaign designed to exploit your anticipation over the New Moon movie coming out tomorrow may look like normal free media you’ve come to expect on the Internet.

A scareware purveyor has been spreading bad URLs, with the help of corrupted Google search results,  having to do with the movie and its stars, according to PC Tools.

Fans are being directed to chats and blogposts  that …More

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Apple Macs targeted by phishers just as intensely as Windows PCs
November 18, 2009

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apple_phishing_illo_250pxSometimes stating the obvious is necessary.
Apple Macs are no safer than Windows PCs when it comes to phishing attacks. This USA Today newsblog post outlining how Mac users are getting victimized by phishers just as readily as PC users  has  irritated many Mac loyalists.
The posting made reference to a recent  phone survey of 1,003 consumers –  commissioned by antivirus vendor Eset –  that shows 57% of …More

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Veracode lands Harvard business school dean & Microsoft director Dr. Jim Cash
November 18, 2009

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jim_-cash_crop300px1Application security vendor Veracode recently landed a big fish to sit on its board of directors, Dr. Jim Cash, Professor and Senior Associate Dean of the Harvard Business School. Cash sits the boards of General Electric, Microsoft, Wal-Mart, Chubb, Phase Forward, the Boston Celtics and the National Association of Basketball Coaches Foundation. He is a Limited Partner in the LLC that owns the Celtics.

Matt Moynahan, CEO of Veracode, spent five months …More

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Why cybercrime is here to stay
November 13, 2009

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See related post: Anatomy of a $9.4 million cyber heist

Law enforcement has made great strides overcoming geo-political obstacles in bringing prosecutions in the TJX, Heartland and RBS WorldPay cases. Yet  the Internet remains saturated with criminal activity.  Cybercriminals continually harvest and cull stolen data and carry out elaborate cash-out schemes using the Web to collaborate. The ring leaders who formed a partnership to snatch $9.4 million in a quick-strike, global ATM heist using data stolen from RBS WorldPay …More

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RBS WorldPay: How a gang stole $9.4 million from 280 ATMs in 12 hours
November 13, 2009

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covelin_wantedposter_crop_250pxThe top line from the RBS WorldPay caper reads like a trailer for George Clooney’s next Ocean’s 11 summer blockbuster:

An elite Euro-Russian cybergang uses the Internet to remotely crack deep inside the network of a giant U.S. debit- and credit-card processor. The gang swipes and decrypts valuable debit-card account data; and then sets into motion a globe-spanning, multi-million dollar score.

Moving fast to avoid detection, an army of accomplices carrying blank …More

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Secure Sockets Layer (SSL) vulnerable to man-in-the-middle hacks
November 12, 2009

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verisign_sslMarsh Ray and Steve Dispensa, researchers at authentication services  vendor PhoneFactor, recently discovered a gaping security hole  in Secure Socket Layer, or SSL. This technology, along with the newer Transport Layer Security, or TLS, gets used widely to secure online retail transactions.  A similar SSL vulnerability was discovered by researcher H.D. Moore, of Metasploit fame, in May 2008.

Both discoveries were of the good-guy variety — no one …More

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