Category Archives: The Coming Storm

This category includes blog posts about computer and Internet security threats now and on the horizon.

Backdoors Found in Barracuda Networks Gear

January 24, 2013

A broad variety of the latest firewall, spam filter and VPN appliances sold by Campbell, Calif. based Barracuda Networks Inc. contain undocumented backdoor accounts, the company disclosed today. Worse still, while the backdoor accounts are apparently set up so that they would only be accessible from Internet addresses assigned to Barracuda, they are in fact accessible to potentially hundreds of other companies and network owners.

New Findings Lend Credence to Project Blitzkrieg

December 12, 2012

“Project Blitzkrieg,” a brazen Underweb plan for hiring 100 botmasters to fuel a blaze of ebanking heists against 30 U.S. financial institutions in the Spring of 2013, was met with skepticism from some in the security community after news of the scheme came to light in October. Many assumed it was a law enforcement sting, or merely the ramblings of a wannabe criminal mastermind. But new research suggests the crooks who hatched the plan were serious and have painstakingly built up a formidable crime machine in preparation for the project.

Espionage Attacks Against Ruskies?

December 10, 2012

Hardly a week goes by without news of a cyber espionage attack emanating from China that is focused on extracting sensitive data from corporations and research centers in the United States. But analysis of a recent malware campaign suggests that cyberspies in that region may be just as interested in siphoning secrets from Russian targets.

MoneyGram Fined $100 Million for Wire Fraud

November 19, 2012

A week ago Friday, the U.S. Justice Department announced that MoneyGram International had agreed to pay a $100 million fine and admit to criminally aiding and abetting wire fraud and failing to maintain an effective anti-money laundering program. Loyal readers of this blog no doubt recognize the crucial role that MoneyGram and its competitors play in the siphoning of millions of dollars annually from hacked small- to mid-sized business, but incredibly this settlement appears to be unrelated to these cyber heists.

Malware Spy Network Targeted Israelis, Palestinians

November 12, 2012

Researchers in Norway have uncovered evidence of a vast Middle Eastern espionage network that for the past year has deployed malicious software to spy on Israeli and Palestinian targets. The discovery, by Oslo-based antivirus and security firm Norman ASA, is… Read More »

Experts Warn of Zero-Day Exploit for Adobe Reader

November 7, 2012

Software vendor Adobe says it is investigating claims that instructions for exploiting a previously unknown critical security hole in the latest versions of its widely-used PDF Reader software are being sold in the cybercriminal underground.

The finding comes from malware analysts at Moscow-based forensics firm Group-IB, who say they’ve discovered that a new exploit capable of compromising the security of computers running Adobe X and XI (Adobe Reader 10 and 11) is being sold in the underground for up to $50,000. This is significant because — beginning with Reader X– Adobe introduced a “sandbox” feature aimed at blocking the exploitation of previously unidentified security holes in its software, and so far that protection has held its ground.