Authorities in Europe joined Microsoft Corp. this week in disrupting “ZeroAccess,” a vast botnet that has enslaved more than two million PCs with malicious software in an elaborate and lucrative scheme to defraud online advertisers.
On any given day, nation-states and criminal hackers have access to an entire arsenal of zero-day vulnerabilities — undocumented and unpatched software flaws that can be used to silently slip past most organizations’ cyber defenses, new research suggests. That sobering conclusion comes amid mounting evidence that thieves and cyberspies are ramping up spending to acquire and stockpile these digital armaments.
Many online businesses rely on automated fraud detection tools to weed out suspicious and unauthorized purchases. Oddly enough, the sorts of dodgy online businesses advertised by spam do the same thing, only they tend to use underground alternatives that are far cheaper and tuned to block not only fraudulent purchases, but also “test buys” from security researchers, law enforcement and other meddlers.
A federal judge has denied bail for Ross Ulbricht, the ? man arrested last month on suspicion of running the Silk Road, an online black market that offered everything from drugs and guns to computer hackers and hitmen for hire.
The decision came after federal prosecutors dumped a virtual truckload of additional incriminating evidence supporting its claim that Ulbricht was the infamous Silk Road administrator known as the “Dread Pirate Roberts” (DPR), and that he was indeed a strong flight risk. To top it off, the government also now alleges that Ulbricht orchestrated and paid for a murder-for-hire scheme targeting six individuals (until today, Ulbricht was accused of plotting just two of these executions).
An intrusion at online dating service Cupid Media earlier this year exposed more than 42 million consumer records, including names, email addresses, unencrypted passwords and birthdays, according to information obtained by KrebsOnSecurity.
Cynical security experts often dismiss anti-spam activists as grumpy idealists with a singular, Sisyphean obsession. The cynics question if it’s really worth all that time and effort to complain to ISPs and hosting providers about customers that are sending junk email? Well, according to at least one underground service designed for spammers seeking to avoid anti-spam activists, the answer is a resounding “yes!”
Forum software maker vBulletin is urging users to change their passwords following a recent breach of its networks. The attackers who claimed responsibility for the intrusion say they broke in using a zero-day flaw that is now being sold in several places online, but vBulletin maintains it is not aware of any zero-day attacks against current versions of its product.
Federal authorities have arrested two young brothers in Fresno, Calif. and charged the pair with masterminding a series of cyberheists that siphoned millions of dollars from personal and commercial bank accounts at U.S. banks and brokerages.
A hacker break in at a U.S. company that brokers reservations at limousine and Town Car services nationwide has exposed the personal and financial information on more than 850,000 well-heeled customers, including Fortune 500 CEOs, lawmakers, and A-list celebrities.
The recent data breach at Adobe that exposed user account information and prompted a flurry of password reset emails impacted at least 38 million users, the company now says. It also appears that the already massive source code leak at Adobe is broadening to include the company’s Photoshop family of graphical design products.
