How IBM X-Force IRIS Prepared for the Ukraine Election

More than a month before the first round of the Ukraine election in March, we decided that we couldn’t afford to sit on our heels until an attack was launched.

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NSA’s Joyce outlines how U.S. can disrupt and deter foreign hacking

The United States will do more to disrupt the malicious cyber-activity that foreign adversaries are aggressively using to advance their interests, a National Security Agency official said Thursday. “We have to impose costs in a visible way to start deterrence,” said Rob Joyce, senior cybersecurity adviser at NSA. “We have to go out and try to make those operations less successful and harder to do.” Speaking to an industry association in Hanover, Maryland, Joyce cited the 2017 WannaCry and NotPetya malware outbreaks — and Russia’s use of information operations in the 2016 U.S. election — as examples of nation-states moving from “exploitation to disruption” to impose their will in cyberspace. Washington has blamed North Korea and Russia, respectively, for the devastating WannaCry and NotPetya attacks, which cost billions of dollars in economic damage. Some foreign governments have less legal constraints on their activities in cyberspace than the U.S., Joyce told a local […]

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Smashing Security #116: Stalking debtors, Facebook farce, and a cyber insurance snag

How would *you* track someone who owed you money? What was the colossal flaw Facebook left on its website for anyone to exploit and hijack accounts? And what excuse are insurance companies giving for not paying victims of the NotPetya malware millions … Continue reading Smashing Security #116: Stalking debtors, Facebook farce, and a cyber insurance snag

Cybersecurity and Insurance

Insurance is a funny business. Life insurance, for example, is essentially betting someone you will die before your time. With the recent focus on companies getting hacked, it isn’t surprising that cybersecurity insurance is now big business. Get hacked and get paid. Maybe.

The reason I say maybe is because of the recent court battle between Zurich and Mondelez. Never heard of them? Zurich is a big insurance company and Mondelez owns brands like Nabisco, Oreo, and Trident chewing gum, among others.

It all started with the NotPetya ransomware attack in June of 2017. Mondelez is claiming it lost over …read more

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Microsoft hopes crowdsourced A.I. algorithms will help avoid the next global cyberattack

If you’ve developed an artificial intelligence tool capable of predicting the next ransomware outbreak, Microsoft wants to hear about it. And they’re willing to pay. More than 300 data scientists, security practitioners and academics are involved in an initiative to help Microsoft determine which Windows machines are the most vulnerable to malicious software. The competition challenges participants to assess the probability a device will be hit with malware based on different factors about the machine, ranging from the firewall configuration to the antivirus software and CPU. Microsoft announced the competition on Dec. 13, giving participants three months to develop an algorithm that can predict whether a Windows 10 or Windows XP computer, for example, is likely to be infected with the next major virus, organizers said. The competition offers a glimpse at how cybersecurity will blend with artificial intelligence and machine learning, as major companies invest in experiments that could […]

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NotPetya, Phishing, & Google+ – Hack Naked News #200

Google+ Flaw leads Chocolate Factory to shut down early, 40,000 credentials for government portals found online, one tweak that can save you from NotPetya, ESET discovers 21 new linux malware variants, and how this Phishing Scam group built a list of 5… Continue reading NotPetya, Phishing, & Google+ – Hack Naked News #200