Much of the fraud involving counterfeit credit, ATM debit and retail gift cards relies on the ability of thieves to use cheap, widely available hardware to encode stolen data onto any card’s magnetic stripe. But new research suggests retailers and ATM operators could reliably detect counterfeit cards using a simple technology that flags cards which appear to have been altered by such tools.
I spent a few days last week speaking at and attending a conference on responding to identity theft. The forum was held in Florida, one of the major epicenters for identity fraud complaints in United States. One gripe I heard from several presenters was that identity thieves increasingly are finding ways to open new mobile phone accounts in the names of people who have already frozen their credit files with the big-three credit bureaus. Here’s a look at what may be going on, and how you can protect yourself.
Microsoft today released a bundle of security updates to fix at least 67 holes in its various Windows operating systems and related software, including one dangerous flaw that Microsoft warns is actively being exploited. Meanwhile, as it usually does on Microsoft’s Patch Tuesday — the second Tuesday of each month — Adobe has a new Flash Player update that addresses a single but critical security weakness.
First, the Flash Tuesday update, which brings Flash Player to v. 29.0.0.171. Some (present company included) would argue that Flash Player is in itself “a single but critical security weakness.” Nevertheless, Google Chrome and Internet Explorer/Edge ship with their own versions of Flash, which get updated automatically when new versions of these browsers are made available.
A monster distributed denial-of-service attack (DDoS) against KrebsOnSecurity.com in 2016 knocked this site offline for nearly four days. The attack was executed through a network of hacked “Internet of Things” (IoT) devices such as Internet routers, security cameras and digital video recorders. A new study that tries to measure the direct cost of that one attack for IoT device users whose machines were swept up in the assault found that it may have cost device owners a total of $323,973.75 in excess power and added bandwidth consumption.
My bad.
Twitter just asked all 300+ million users to reset their passwords, citing the exposure of user passwords via a bug that stored passwords in plain text — without protecting them with any sort of encryption technology that would mask a Twitter user’s true password. The social media giant says it has fixed the bug and that so far its investigation hasn’t turned up any signs of a breach or that anyone misused the information. But if you have a Twitter account, please change your account password now.
Storing passwords in plaintext online is never a good idea, but it’s remarkable how many companies have employees who are doing just that using online collaboration tools like Trello.com. Last week, KrebsOnSecurity notified a host of companies that employees were using Trello to share passwords for sensitive internal resources. Among those put at risk by such activity included an insurance firm, a state government agency and ride-hailing service Uber.com.
On two occasions this past year I’ve published stories here warning about the prospect that new European privacy regulations could result in more spams and scams ending up in your inbox. This post explains in a question and answer format some of the reasoning that went into that prediction, and responds to many of the criticisms leveled against it.
Authorities in the U.S., U.K. and the Netherlands on Tuesday took down popular online attack-for-hire service WebStresser.org and arrested its alleged administrators. Investigators say that prior to the takedown, the service had more than 136,000 registered users and was responsible for launching somewhere between four and six million attacks over the past three years.
MEDantex, a Kansas-based company that provides medical transcription services for hospitals, clinics and private physicians, took down its customer Web portal last week after being notified by KrebsOnSecurity that it was leaking sensitive patient medical records — apparently for thousands of physicians.
Facebook has built some of the most advanced algorithms for tracking users, but when it comes to acting on user abuse reports about Facebook groups and content that clearly violate the company’s “community standards,” the social media giant’s technology appears to be woefully inadequate.
