The founder of Liberty Reserve, a digital currency that has evolved as perhaps the most popular form of payment in the cybercrime underground, was reportedly arrested in Spain this week on suspicion of money laundering. News of the law enforcement action may help explain an ongoing three-day outage at libertyreserve.com: On Friday, the domain registration records for that site and for several other digital currency exchanges began pointing to Shadowserver.org, a volunteer organization dedicated to combating global computer crime.
Microsoft said Thursday that it convinced a U.S. federal court to grant it control over a botnet believed to be closely linked to counterfeit versions Windows that were sold in various computer stores across China. The legal victory also highlights a Chinese Internet service that experts say has long been associated with targeted, espionage attacks against U.S. and European corporations.
The unceasing barrage of targeted email attacks that leverage zero-day software flaws to steal sensitive information from companies and the U.S. government often are characterized as ultra-sophisticated, almost ninja-like in their stealth and anonymity. But according to expert analysis of several recent zero-day attacks – including the much publicized break-in at security giant RSA — the apparent Chinese developers of those attack tools left clues aplenty about their identities and locations, with one actor even Tweeting about his newly discovered vulnerability days in advance of its use in the wild.
RSA and others have labeled recent zero-day attacks as the epitome of an “advanced persistent threat” (APT), a controversial term describing the daily onslaught of digital assaults launched by attackers that are considered to be highly-skilled, determined and have a long-term perspective on their mission. Because these attacks often result in the theft of sensitive and proprietary information from the government and private industry, the details surrounding them usually become shrouded in secrecy as law enforcement and national security officials swoop in to investigate.
But an investigation of some of the open source information available on the tools used in recent attacks labeled APT indicates that some of the actors involved are doing little to cover their tracks, and that not only are they identifiable, but that they’re not particularly concerned about suffering any consequences from their actions.