Author Archives: Shaun Waterman

Report: IoT devices attacked their own network

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A university IT system was brought to a near-standstill by a cyberattack from inside its own firewall, when more than 5,000 connected devices on its internal network — from vending machines to lighting systems — became infected with malware, according to a new report. Verizon’s 2017 Data Breach Digest report, released here at the massive RSA security conference in […]

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‘Bring your own device’ policies poison most networks, report says

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The IT departments of many major enterprises have no effective control of their networks because of the proliferation of personal smartphones and other connected devices, according to a new survey. Only just under half of 800 IT security professionals surveyed said they could be certain how many connected devices their colleagues bring into work, according to […]

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Turkish hacker gets 8 years in $55M ATM milking scheme

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A Turkish man who led a multinational cybercrime gang that stole $55 million by hacking ATM card issuers and making fraudulent cards was sentenced to eight years in prison by a federal court Friday. The sentence, which also included a requirement that Ercan Findikoglu pay back the $55 million, was announced by Robert Capers, U.S. attorney […]

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New draft of Trump’s cyber executive order burdens tech sector

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The large companies that own and operate the nation’s internet and telecommunications backbones, and those that run major online services, will have to do more to tackle wide-scale automated cyberattacks, according to the latest draft of a Trump administration executive order. The draft also instructs cabinet secretaries and agency heads to use shared IT and cybersecurity services […]

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New malware works only in memory, leaves no trace

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A new hacking campaign identified by security researchers has struck 140 major enterprises around the world using so-called file-less malware, which injects itself into memory and leaves no trace on the hard drive — making detection difficult and attribution impossible. Russian-based Kaspersky Lab this week published research about the new campaign, saying it had struck banks, governments […]

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Network size is no predictor of cyberattack readiness, penetration tests show

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There is little predictable difference between the cybersecurity of IT networks in large companies as opposed to small ones, or between those from different business sectors, according to hackers for hire who try to break in to test defenses. The penetration testers, who work for security firm Rapid7, answered a questionnaire last quarter after 128 different engagements with a wide […]

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TSA CISO: Government faces ‘diametrically opposed’ pressures on cyber

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Officials with responsibility for cybersecurity at government agencies are being pulled in opposite directions by competing priorities, a senior Transportation Security Administration official said Wednesday. “There’s two diametrically opposed opposed ideas every day when I go to work,” Paul Morris, the agency’s chief information security officer, said at the Verizon Future of Government Summit produced by […]

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