Cybercrime gang leader who caused ATMs to spit cash is arrested

The leader of Russian-Ukrainian cybercrime gang Carbanak, allegedly responsible for stealing billions of Euros from hundreds of banks, has been arrested in Spain. Over the last five years, the “Carbanak” group has stolen roughly 1.2 billion euros from more than 100 financial institutions, according to a dual announcement Monday by Europol and police forces in Spain. Carbanak is the name for the cybercrime group, as well as their characteristic hacking tool: a malware framework designed to allow the attacker to covertly move money around from account to account. An individual leading the criminal entity was recently arrested, but police have yet to release their name. At least two other members of Carbanak were also reportedly arrested in a related investigation. In various cases, Carbanak was able to success spearphish banking employees. These breaches saw complex malware spread inside the companies, redirecting funds from legitimate accounts to ATM machines in Eastern […]

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Can Providing Security Be a Crime?

The purpose of security is to allow the “right” people to have access to data and resources and to keep others out. It is ultimately about having control over data and data processing and enforcing decisions about who gets access to what. In a hospita… Continue reading Can Providing Security Be a Crime?

France Proposes Software Security Liability For Manufacturers, Open Source As Support Ends

It sometimes seems as though barely a week can go by without yet another major software-related hardware vulnerability story. As manufacturers grapple with the demands of no longer building simple appliances but instead supplying them containing software that may expose itself to the world over the Internet, we see devices shipped with insecure firmware and little care for its support or updating after the sale.

The French government have a proposal to address this problem that may be of interest to our community, to make manufacturers liable for the security of a product while it is on the market, and …read more

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Kaspersky Lab files another lawsuit in wake of NDAA ban

Kaspersky Lab has upped its legal fight with the U.S. government, filing another lawsuit related to a ban against its products tucked within the 2018 National Defense Authorization Act. Based on court documents filed Monday in U.S. District Court for the District of Columbia, the Russian company says the ban is unconstitutional. Kaspersky’s lawyers say that under the Constitution’s Bill of Attainder Clause, Congress is forbidden “from enacting laws which impose individualized deprivations of life, liberty, and property and inflict punishment on individuals and corporations without a judicial trial.” The 2018 NDAA instituted a government-wide ban on use of Kaspersky products. Signed by President Donald Trump in December, the ban would go into place on Oct. 1, 2o18. “Kaspersky Lab believes that these provisions violate the U.S. Constitution by specifically and unfairly singling out the company for legislative punishment, based on vague and unsubstantiated allegations without any basis in fact,” the […]

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