Yearly Archives: 2015

MS Update 3033929 Causing Reboot Loop

March 12, 2015

One of the operating system updates Microsoft released on Tuesday of this week — KB3033929 — is causing a reboot loop for a fair number of Windows 7 users, according to postings on multiple help forums. The update in question does not appear to address a pressing security vulnerability, so users who have not yet installed it should probably delay doing so until Microsoft straightens things out.

Apple Pay: Bridging Online and Big Box Fraud

March 11, 2015

Lost amid the media firestorm these past few weeks about fraudsters turning to Apple Pay is this stark and rather unsettling reality: Apple Pay makes it possible for cyber thieves to buy high-priced merchandise from brick-and-mortar stores using stolen credit and debit card numbers that were heretofore only useful for online fraud.

Microsoft Fixes Stuxnet Bug, Again

March 10, 2015

Microsoft today shipped a bundle of security updates to address more than three dozen vulnerabilities in Windows and associated software. Included in the batch is a fix for a flaw first patched in 2010 — the very same vulnerability that led to the discovery of the infamous cyberweapon known as Stuxnet. Turns out, the patch that Microsoft shipped to fix that flaw in 2010 didn’t quite do the trick, leaving Windows users dangerously exposed all this time.

Spoofing the Boss Turns Thieves a Tidy Profit

March 10, 2015

Judy came within a whisker of losing $315,000 in cash belonging to her employer, a mid-sized manufacturing company in northeast Ohio. Judy’s boss had emailed her, asking her to wire the money to China to pay for some raw materials. The boss, who was traveling abroad at the time, had requested such transfers before — at even higher amounts to manufacturers in China and elsewhere — so the request didn’t seem unusual or suspicious.

Until it did.

Point-of-Sale Vendor NEXTEP Probes Breach

March 9, 2015

NEXTEP Systems, a Troy, Mich.-based vendor of point-of-sale solutions for restaurants, corporate cafeterias, casinos, airports and other venues, was recently notified by law enforcement that some of its customer locations have been compromised in a potentially wide-ranging credit card breach, KrebsOnSecurity has learned.

Feds Indict Three in 2011 Epsilon Hack

March 6, 2015

U.S. federal prosecutors in Atlanta today unsealed indictments against two Vietnamese men and a Canadian citizen in connection with what’s being called “one of the largest reported data breaches in U.S. history.” The government isn’t naming the victims in this case, but all signs point to the 2011 hack of Texas-based email marketing giant Epsilon.

Intuit Failed at ‘Know Your Customer’ Basics

March 5, 2015

Intuit, the makers of TurboTax, recently introduced several changes to beef up the security of customer accounts following a spike in tax refund fraud at the state and federal level. Unfortunately, those changes don’t go far enough. Here’s a look at some of the missteps that precipitated this mess, and what the company can do differently going forward.

Hospital Sues Bank of America Over Million-Dollar Cyberheist

March 3, 2015

A public hospital in Washington state is suing Bank of America to recoup some of the losses from a $1.03 million cyberheist that the healthcare organization suffered in 2013.

In April 2013, organized cyber thieves broke into the payroll accounts of Chelan County Hospital No. 1 , one of several hospitals managed by the Cascade Medical Center in Leavenworth, Wash. The crooks added to the hospital’s payroll account almost 100 “money mules,” unwitting accomplices who’d been hired to receive and forward money to the perpetrators.