In light of the increase in ATM fraud in India, it's essential that banks more closely monitor the security efforts of third-party service providers they increasingly are relying on to help manage their networks, says Prakash Joshi, COO at Electronic Payment Systems
On the heels of the massive DDoS attack that disrupted DNS services provided by Dyn, Singaporean ISP StarHub's DNS services were likewise targeted. The ISP has blamed customer-owned IoT devices for the attack, but it has not named the malware involved.
The malware-infected IoT army that disrupted domain name server provider Dyn was composed of, at most, 100,000 devices, the company estimates in an after-action report. But claims that the attacks peaked at 1.2 Tbps remain unconfirmed.
The compromise of details on more than 3.2 million debit cards in India should serve as a call to action for the banking industry to ramp up its security efforts, experts say. They share immediate and long-term recommendations to forestall similar incidents.
Internet of things security takeaway: Save yourself, and by doing so, maybe help save the rest of us too. That's the obvious takeaway from the rise of low-tech, high-impact Mirai malware, which has been tied to the record-setting Oct. 21 DDoS attack against Dyn.
Chinese manufacturer Xiongmai has promised to replace or patch some IoT components that attackers are using to build massive internet of things Mirai botnets to wage DDoS attacks, such as the Oct. 21 disruption of DNS provider Dyn. But security experts question whether these moves will blunt future IoT attacks.
There are two Yahoo conspiracy theories: It was hacked by a "state-sponsored actor," and it disabled email forwarding to prevent a post-breach exodus. Although neither scenario appears to be true, that doesn't mean the badly breached search giant is in the clear.
Massive DDoS attacks, targeting DNS provider Dyn, have triggered widespread internet disruptions. Security intelligence firm Flashpoint says the attacks have been perpetrated at least in part via a botnet of Mirai-infected internet of things devices.
Authorities say Yevgeniy Aleksandrovich Nikulin stole credentials from a LinkedIn employee and used them to breach the social networking firm in 2012, in which well over 100 million members' passwords were exposed.
Some 3.2 million Indian debit cards may have been compromised, according to the National Payments Council of India. While investigations are ongoing and several banks have reissued at-risk cards, the source of the card exposure has not been officially confirmed.
Former NSA contractor Harold T. Martin III., who is accused of pilfering mass quantities of highly classified information, will remain in jail until his trial. Martin engaged in "a course of felonious conduct that is breathtaking in its longevity and scale," prosecutors say.
WikiLeaks leader Julian Assange's interference in the U.S. elections has earned the Ecuadorian embassy in London's houseguest a slap on the wrist as his internet connection gets taken away. In the interim, maybe he can take up knitting?