Cybercrime

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Botnets Now Number One Threat to ISP Backbones

Increasingly-intense distributed denial-of-service (DDOS) attacks on ISP backbones are surpassing providers' capacity and knocking customers offline, according to a new survey of service providers by Arbor Networks. While most large ISPs have upgraded their backbones to 10-Gbit/s speeds over the past two years, three respondents said they have experienced sustained attacks from 20- to 22 Gbit/s, and one hosting services provider in the survey reported a 24-Gbit/s DNS-targeted attack. The most powerful sustained attack previously was 17 Gbit/s, which was reported in last year's survey by Arbor. more»

Vint Cerf on Internet's Key Infrastructure

BBC News is running Vint Cerf's personal view on the Internet's future. From the article: "Improving the resilience and resistance to attack of key infrastructure such as the Domain Name System (the phone book of the internet) and the routing system will be major focal points for near-term internet development. Introducing DNSSEC (security for the Domain Name System) and the digital signing of address space by the Regional Internet Registries will assume much higher priority..." more»

EU Launches First European Public-Private Partnership on Cybersecurity, Plans $2B Investment

The European Commission has launched a new public-private partnership on cybersecurity expected to trigger €1.8 billion ($2B) of investment by 2020. more»

NJ Content Liability Law Ruled Inconsistent with Sec. 230 (just like in Washington and Tennesse)

Back in a time before most members of Congress or prosecutors knew that there was an Internet, there was Prodigy. Prodigy, as part of its service, ran family-friendly chat rooms that it moderated in an effort to keep kids protected from unfortunate content. In a different Prodigy chat room, some unknown third party said something apparently bad about an investment firm Stratton-Oakmont. Stratton-Oakmont didn't like that very much, and sued. more»

Nitro Attacks Target the Chemical Industry

New security report has revealed at least 48 companies involved in research, development, manufacturing of chemicals and advanced materials have been victims of a coordinated cyberattack traced to a source in China. The purpose of the attacks, code named Nitro, appear to be industrial espionage, collecting intellectual property for competitive advantage, according to Symantec. more»

Malaysia Wants to Handle Internet Related Crimes via 'Cyber Court'

Malaysia is considering establishing a "cyber court" to deal with the increasing number of crimes related to the Internet and blogging, a report said Tuesday. Communications Minister Shaziman Abu Mansor said more than 30 Internet-linked cases had been submitted to the country's attorney general in the past three years. "If in future if we cannot cope any more due to too many cases, we may need to have a cyber court," he said, according to the official news agency Bernama. more»

IT Security Guide: "Financial Impact of Cyber Risk" Released by ANSI and ISA

The American National Standards Institute (ANSI) and the Internet Security Alliance (ISA) released today a new action guide to assist business executives in the analysis, management and transfer of financial risk related to a cyber attack. In 2004, the Congressional Research Service estimated the annual economic impact of cyber attacks on businesses -- which can come from internal networks, the Internet or other private or public systems -- to be more than $226 billion. In 2008, U.S. Department of Homeland Security Secretary Michael Chertoff named cyber risks one of the nation's top four priority security issues. more»

Spammers Handed Record $230 Million Anti-Spam Judgment

A federal judge in Los Angeles has awarded MySpace close to $230 million in its lawsuit against "Spam King" Sanford Wallace and his business partner Walter Rines. Judge Audrey B. Collins of United States District Court in the Central District of California ruled in MySpace's favor on Monday after the two men failed to show up in court, according to MySpace... While many spammers have been designated "Spam King," Wallace earned the title back in the late 1990s as a result of spam messages sent by his company Cyber Promotions. more»

British Hacker Accused of Biggest Military Hack Fights Extradition to U.S.

Five judges at the UK's highest court are currently in process of evaluating a final appeal against extradition by a computer enthusiast wanted in Washington for the "biggest military hack of all time". Gary McKinnon (nicknamed "Solo"), 44, is accused of causing hundreds of thousands of dollars of damage after breaking into dozens of computers owned by NASA, the Pentagon and the U.S. military. His last appeal to the High Court in London failed after two senior judges ruled he should face trial in the United States. The law lords are expected to give their ruling before the end of July. more»

Yellow Parking Violation Fliers on Windshields Get Drivers to Visit Malicious Website

Security expert and malware analyst, Lenny Zeltser has examined a creative malware distribution method in the real world where fliers placed on windshield of cars scare drivers into visiting a malicious website. Zeltser writes: "Several days ago, yellow fliers were placed on the cards in Grand Forks, ND. They stated: 'PARKING VIOLATION This vehicle is in violation of standard parking regulations. To view pictures with information about your parking preferences, go to website-redacted' ... If you went to the website, you'd see several photos of cars on parking lots in that specific town..." more»

Notorious Spam King Scheduled to be Sentenced on Monday by the U.S. District Court

Notorious spammer Robert Alan Soloway is scheduled to be sentenced on Monday by the U.S. District Court in Seattle after pleading guilty to single counts of mail fraud, e-mail fraud, and tax evasion. The long list of individuals testifying in federal court for the sentencing of the so-called 'King of Spam' has resulted in an unusual two-day hearing which began on Friday. Soloway is the second person to be convicted of criminal spamming under the 2004 "Can-Spam" law. more»

Experts Concerned Over U.S. Spyware Legislation Being Overly Broad

U.S. Senate bill aims at limiting spyware by seemingly allowing broadband providers, computer hardware and software vendors, financial institutions and other businesses to scan users' computers without authorization. "We think this language is overly broad and could protect activities which could be harmful to computer users," Butler told the Senate Commerce, Science and Transportation Committee. "It would, in effect, allow a software vendor to truly monitor everything that's on a user's computer, essentially setting [vendors] up as an ad hoc police force." more»

Attack Traffic: 10 Countries Source of Almost 75% of Internet Attacks

A recent quarterly report titled "State of the Internet" has been released by Akamai providing Internet statistics on the origin of Internet attack traffic, network outages and broadband connectivity levels around the world. According to the report, during the first quarter of 2008, attack traffic originated from 125 unique countries around the world. China and the United States were the two largest traffic sources, accounting for some 30% of traffic in total. The top 10 countries were the source of approximately three quarters (75%) of the attacks measured. Other observations include... more»

How a Resilient Society Defends Cyberspace

Seventy-five years ago today, on May 29th, 1934, Egyptian private radio stations fell silent, as the government shut them down in favor of a state monopoly on broadcast communication. Egyptian radio "hackers" (as we would style them today) had, over the course of about fifteen years, developed a burgeoning network of unofficial radio stations... It couldn't last. After two days of official radio silence, on May 31st, official state-sponsored radio stations (run by the Marconi company under special contract) began transmitting a clean slate of government-sanctioned programming, and the brief era of grass-roots Egyptian radio was over... more»

UK Announces Additional £1.9 Billion in Cyber Security Funding

Chancellor George Osborne announces government plan to almost double its investment in cyber security initiatives over the next five years, spending an additional £1.9 billion. more»