Cybersecurity Insiders – 2021 Malware Report

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Bizarro Banking Trojan

Bizarro is a new banking trojan that is stealing financial information and crypto wallets.

…the program can be delivered in a couple of ways­ — either via malicious links contained within spam emails, or through a trojanized app. Using these sneaky methods, trojan operators will implant the malware onto a target device, where it will install a sophisticated backdoor that “contains more than 100 commands and allows the attackers to steal online banking account credentials,” the researchers write.

The backdoor has numerous commands built in to allow manipulation of a targeted individual, including keystroke loggers that allow for harvesting of personal login information. In some instances, the malware can allow criminals to commandeer a victim’s crypto wallet, too…

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The Problem with Treating Data as a Commodity

Excellent Brookings paper: “Why data ownership is the wrong approach to protecting privacy.”
From the introduction:

Treating data like it is property fails to recognize either the value that varieties of personal information serve or the abiding inter… Continue reading The Problem with Treating Data as a Commodity

On Chinese-Owned Technology Platforms

I am a co-author on a report published by the Hoover Institution: “Chinese Technology Platforms Operating in the United States.” From a blog post:

The report suggests a comprehensive framework for understanding and assessing the risks posed by Chinese technology platforms in the United States and developing tailored responses. It starts from the common view of the signatories — one reflected in numerous publicly available threat assessments — that China’s power is growing, that a large part of that power is in the digital sphere, and that China can and will wield that power in ways that adversely affect our national security. However, the specific threats and risks posed by different Chinese technologies vary, and effective policies must start with a targeted understanding of the nature of risks and an assessment of the impact US measures will have on national security and competitiveness. The goal of the paper is not to specifically quantify the risk of any particular technology, but rather to analyze the various threats, put them into context, and offer a framework for assessing proposed responses in ways that the signatories hope can aid those doing the risk analysis in individual cases…

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Chinese Supply-Chain Attack on Computer Systems

Bloomberg News has a major story about the Chinese hacking computer motherboards made by Supermicro, Levono, and others. It’s been going on since at least 2008. The US government has known about it for almost as long, and has tried to keep the attack secret:

China’s exploitation of products made by Supermicro, as the U.S. company is known, has been under federal scrutiny for much of the past decade, according to 14 former law enforcement and intelligence officials familiar with the matter. That included an FBI counterintelligence investigation that began around 2012, when agents started monitoring the communications of a small group of Supermicro workers, using warrants obtained under the …

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A Cybersecurity Policy Agenda

The Aspen Institute’s Aspen Cybersecurity Group — I’m a member — has released its cybersecurity policy agenda for the next four years.

The next administration and Congress cannot simultaneously address the wide array of cybersecurity risks confronting modern society. Policymakers in the White House, federal agencies, and Congress should zero in on the most important and solvable problems. To that end, this report covers five priority areas where we believe cybersecurity policymakers should focus their attention and resources as they contend with a presidential transition, a new Congress, and massive staff turnover across our nation’s capital…

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Thoughts from the NCSC 2020 Annual Review

The National Cyber Security Centre (NCSC) released its annual review of 2020.  If you are unfamiliar with the NCSC, part of their mission is that they are “dedicated to making the United Kingdom the safest place in the world to live and work online.”  … Continue reading Thoughts from the NCSC 2020 Annual Review