Banks and law enforcement discuss cyberrobbers’ attack methods
July 30, 2010
Banks are getting a bit more transparent about the scale and scope at which online banking accounts for consumers and small businesses are being deluged by cyberroberies.
My page 1A story in today’s print editions of USA TODAY lays out why consumers are facing a risking risk of having their online banking account cleaned out by cyberrobbers. And my 31 December 2009 investigative report recounts the threat …More
Banks require your help to keep online banking safe
July 30, 2010
By Byron Acohido
Published July 30, 2010, USA TODAY print editions, P1A
For generations, U.S. consumers have relied on banks to bear the primary responsibility for keeping their hard-earned cash deposits out of the hands of thieves. Now, banks want consumers to share the load.
About 80% of U.S. households have come to do their banking over the Internet, banking consultancy Novantas says. Many consumers believe online banking is every …More
Cybercriminals having easy time breaching corporate networks
July 28, 2010
LAS VEGAS — Verizon today issued its annual Data Breach Investigation Report, timed for the opening day of the giant Black Hat cybersecurity convention here in the Nevada dessert.
It’s not widely known that the telecom giant is home to a crack cybersecurity forensics team. Over the past half dozen or so years, Verizon’s cybersleuths have been retained by large organizations to probe more than 900 separate cases of …More
Check fraudsters target job seekers with slick money mule cash checking offer
July 28, 2010
LAS VEGAS — A slick, new e-mail scam is putting well-intentioned job seekers at risk of losing $3,000 — and being arrested for check fraud, an investigator revealed at the Black Hat security conference Wednesday.
A cybercriminal gang based in Russia is sending e-mail directly to thousands of job seekers who’ve posted resumes on popular job websites, according to Joe Stewart a senior researcher at SecureWorks.
The job offer: the …More
Kill switch quandry: should president have power to turn off Internet
July 26, 2010
Last year Senators Jay Rockefeller and Olympia Snowe stirred up a bi-partisan ruckus by proposing to give the U.S. president the authority to shut down all or portions of the Internet in the event of an emergency. The so-called Internet “kill switch” may — or may not — be part of the currently proposed Lieberman-Collins Protecting Cyberspace as a National Asset Act, depending on who you talk to. In this guest LastWatchdog guest blog post, Patricia Titus, …More
Study shows corporations losing millions in each cyberattack
July 26, 2010
Thought-provoking results of a first-of-its kind study released today by the Ponemon Institute, sponsored by cyberrisk management firm ArcSight, quantifies how much cybercrime is costing companies.
The giant Black Hat cybersecurity and always-edgy Def Con hackers’ conference take place in Las Vegas this week. Good timing for these results.
Ponemon surveyed security pros in 45 U.S. organizations and concluded that cybercrime is having a material impact in …More
Advocacy group calls for Congressional hearings on Google spying
July 20, 2010
The Washington Post’s Top Secret America investigation about the vast scale and scope of U.S. government top-secret work, published this week, has shed light on some troubling government alliances with giant corporations to potentially spy on individual citizens.
The Post identified 1,931 companies engaged in top-secret work for the government, including search giant Google. Citing revelations from the Post’s report, the advocacy group Consumer Watchdog is petitioning …More
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