On Thursday evening, KrebsOnSecurity was the subject of a rather massive (and mercifully brief) distributed denial-of-service (DDoS) attack. The assault came from “Meris,” the same new “Internet of Things” (IoT) botnet behind record-shattering attacks against Russian search giant Yandex this week and internet infrastructure firm Cloudflare earlier this summer.
When law enforcement agencies tout their latest cybercriminal arrest, the defendant is often cast as a bravado outlaw engaged in sophisticated, lucrative, even exciting activity. But new research suggests that as cybercrime has become dominated by pay-for-service offerings, the vast majority of day-to-day activity needed to support these enterprises is in fact mind-numbingly boring and tedious, and that highlighting this reality may be a far more effective way combat cybercrime and steer offenders toward a better path.
Researchers in the United Kingdom say they’ve discovered mounting evidence that thieves have been quietly exploiting design flaws in a security system widely used in Europe to prevent credit and debit card fraud at cash machines and point-of-sale devices.