Cybercrime

Blogs

The Importance of IPRC in Asia Pacific

I believe and strongly support Internet Principle and Right Coalition (IPRC) Charter is an important edition of document supplementing the principles and rights of individual internet users in any developing and least developed country. Especially in Asia Pacific region where the need and use of such document is immense, as there is a gap in recognition and awareness of rights of internet users. more»

DNS and Stolen Credit Card Numbers

FireEye announced a new piece of malware yesterday named MULTIGRAIN. This nasty piece of code steals data from Point of Sale (PoS) and transmits the stolen credit card numbers by embedding them into recursive DNS queries. While this was definitely a great catch by the FireEye team, the thing that bothers me here is how DNS is being used in these supposedly restrictive environments. more»

Is the FCC Inviting the World's Cyber Criminals into America's Living Rooms?

In October 2012, the Chairman and Ranking Member of the House Intelligence Committee issued a joint statement warning American companies that were doing business with the large Chinese telecommunications companies Huawei and ZTE to "use another vendor." The bipartisan statement explains that the Intelligence Committee's Report, "highlights the interconnectivity of U.S. critical infrastructure systems and warns of the heightened threat of cyber espionage and predatory disruption or destruction of U.S. networks if telecommunications networks are built by companies with known ties to the Chinese state, a country known to aggressively steal valuable trade secrets and other sensitive data from American companies." more»

ICANN Fails Consumers (Again)

In its bid to be free of U.S. government oversight ICANN is leaning on the global multistakeholder community as proof positive that its policy-making comes from the ground up. ICANN's recent response to three U.S. senators invokes the input of "end users from all over the world" as a way of explaining how the organization is driven. Regardless of the invocation of the end user (and it must be instinct) ICANN cannot seem to help reaching back and slapping that end user across the face. more»

The Growing Threat of Cybersquatting in the Banking and Finance Sector

The apparent cyber heist of of $81 million from the Bangladesh central bank's U.S. account may cause some people to question the security of online banking. While the online theft prompted SWIFT - a cooperative owned by 3,000 financial institutions around the world -- to make sure banks are following recommended security practices, the incident also could have ramifications for banking customers worldwide. more»

The Cyberthreats and Trends Enterprises Should Watch in 2016

Every year, Verisign iDefense Security Intelligence Services produces its Cyberthreats and Trends Report, which provides an overview of the key cybersecurity trends of the previous year and insight into how Verisign believes those trends will evolve. This report is designed to assist in informing cybersecurity and business operations teams of the critical cyberthreats and trends impacting their enterprises, helping them to anticipate key developments and more effectively triage attacks and allocate their limited resources. more»

Malware Reach Is Expanding, Ransomware on the Rise

We live in an online age, one where malware infections have become commonplace. Some might say this is the price of doing business online. News headlines report damaging attacks on well-known brands with depressing regularity. Consumer confidence suffers as customers look to organizations to sort out the issue, secure their transactions and fix the problem. more»

Thought Leaders Create New Trends & Solutions, Followers Just Follow - Which Are You?

Last week I asked on a post elsewhere, why we, at the MLi Group, chose to consider speakers, panelists, supporters and sponsors at our Global Summit Series (GSS) as "Thought Leaders" and "Trend Setters? Many wrote me directly offering their answers and then it dawned on me that my answer may (or may not) get appreciated by many at the ICANN community. So here is why we do. more»

Experienced a Breach? Here Are Four Tips for Incident Response

The threat level has never been higher for organizations charged with protecting valuable data. In fact, as recent headlines will attest, no company or agency is completely immune to targeted attacks by persistent, skilled adversaries. The unprecedented success of these attacks against large and well-equipped organizations around the world has led many security executives to question the efficacy of traditional layered defenses as their primary protection against targeted attacks. more»

Cheers! Registries and Registrars Doing the Right Thing by Patients

Domain name registration is a hot industry. Registrars represent a growing multi-billion dollar industry with the keys to the Internet for any organization hoping to have a web presence. Further, because of their role as one of the gatekeepers to the Internet, registrars have the unique ability and are often asked to take action against illegal activity online. This fact was highlighted in the report released this week by the Office of the U.S. Trade Representative, the 2015 Out-of-Cycle Notorious Markets List. more»

The Cock and the Goat: ICANN in the Age of Horrorism

Like everyone else, former ICANN board members have been preoccupied by the horrific November 13th, 2015 attacks on Paris, France, by a bunch of cold-blooded mass murderers. Our email list discussion of the Paris attacks covered a number of issues, including the inevitable question: what, if anything, should ICANN do in response? Some list subscribers concluded that the events had nothing to do with ICANN's mission, and that we should just sigh and move on. Others, on the other hand, said: not so fast, it would serve ICANN well to take a closer look at the matter, and its ramifications on wider world of ICANN.  more»

Officially Compromised Privacy

The essence of information privacy is control over disclosure. Whoever is responsible for the information is supposed to be able to decide who sees it. If a society values privacy, it needs to ensure that there are reasonable protections possible against disclosure to those not authorized by the information's owner. In the online world, an essential technical component for this assurance is encryption. If the encryption that is deployed permits disclosure to those who were not authorized by the information's owner, there should be serious concern about the degree of privacy that is meaningfully possible. more»

The Emotional Cost of Cybercrime

We know more and more about the financial cost of cybercrime, but there has been very little work on its emotional cost. David Modic and I decided to investigate. We wanted to empirically test whether there are emotional repercussions to becoming a victim of fraud (Yes, there are). We wanted to compare emotional and financial impact across different categories of fraud and establish a ranking list (And we did). more»

Exploiting Video Console Chat for Cybecrime or Terrorism

A couple of days ago there was a lot of interest in how terrorists may have been using chat features of popular video console platforms (e.g. PS4, XBox One) to secretly communicate and plan their attacks. Several journalists on tight deadlines reached out to me for insight in to threat. Here are some technical snippets on the topic that may be useful for future reference. more»

ICANN Compliance Lends a Hand to a Violent Criminal While Trashing a Legitimate Business

Imagine a California non-profit corporation providing material assistance to a criminal wanting to do you physical and financial harm. Then, imagine that corporation is ICANN. Imagine no longer, because that is precisely what the ICANN Compliance department managed to pull off this week, in an all-too-common demonstration of the havoc they can cause by sheer ineptitude, without apology or concern. This is the situation which crossed my desk this week. more»

News Briefs

Cybercriminals Continuing to Exploit Human Nature, Increasing Reliance on Ransomware, Study Finds

Bangladesh Central Bank Governor Quits Amidst One of the Largest Cyber Heists

Repeat DDoS Attacks the Norm in Q4 2015, 24 Attacks per Target on Average

US, China Reach Agreement on Guidelines to Combat Cybercrime

UK Announces Additional £1.9 Billion in Cyber Security Funding

Experts Propose Plan for More Secure Wi-Fi Devices

Senior U.S. and Chinese Officials Conclude Four-Day Meeting on Cyber Security

Hacking Increasingly Becoming a Physical Concern

U.S. Preparing Sanctions Against Chinese Firms and Individuals over Cyberespionage

Networking Firm Loses $46.7 Million to Fraudulent Wire Transfer

Placing New Domain Names in Temporary "Penalty Box" Could Deter Malicious Use, Says Paul Vixie

Record Number of Malware Variants Detected in Q4 of 2014, Retail/Service Most Targeted

M3AAWG Releases Anti-Abuse Best Common Practices for Hosting and Cloud Service Providers

European Data Breaches Have Resulted in Loss of 645 Million Records Since 2004

Former DHS Chief Teaming Up With Insurance Giant Lloyd's of London to Sell Cyber Insurance

Paul Vixie on How the Openness of the Internet Is Poisoning Us

Secure Domain Foundation Launched to Help Internet Infrastructure Operators Fight Cybercrime

DDoS Awareness Day - Oct 23, Register Today for Live Virtual Event

Close to a Quarter of ZeroAccess Botnet Disabled, Reports Symantec

Arrest Made in Connection to Spamhaus DDoS Case

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Taking Back the DNS

Domain Tasting Target of US Federal Cybersquatting Lawsuit

Fake Bank Site, Fake Registrar

When Registrars Look the Other Way, Drug-Dealers Get Paid

Who Is Blocking WHOIS? Part 2

Industry Updates

Participants – Random Selection