SBS CyberSecurity - In The Wild 131
In The Wild - CyberSecurity Newsletter
Welcome to the 131st issue of In The Wild, SBS’ weekly CyberSecurity newsletter. The objective of this newsletter is to share threat intelligence, news articles that are relevant, new and updated guidance, and other information you may find helpful.
Below, you will find some of the latest-and-greatest news stories, articles, videos, and links from the past week in cybersecurity. Some of the following stories have been shared by consultants, others by the SBS Institute, and others yet simply been found in the far corners of the Internet. We hope you find the following stories relevant, interesting, and – most of all – useful. Enjoy.
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The Risk of Weak Online Banking PasswordsKrebs on Security
If you bank online and choose weak or re-used passwords, there’s a decent chance your account could be pilfered by cyberthieves — even if your bank offers multi-factor authentication as part of its login process. This story is about how crooks increasingly are abusing third-party financial aggregation services like Mint, Plaid, Yodlee, YNAB, and others to surveil and drain consumer accounts online.
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Bribed AT&T Workers Planted Malware on Carrier's NetworkBankInfoSecurity
Over a five-year period, two men allegedly paid over $1 million in bribes to AT&T employees who helped plant malware on the company's internal systems that enabled the unlocking of smartphones to permit use outside the carrier's network, according to an indictment unsealed this week by the U.S. Department of Justice. In addition to planting malware, these AT&T employees allegedly accessed the carrier's internal systems and installed illegal hardware within the network to help the suspects gain remote access and unlock millions of smartphones, according to the indictment.
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Ransomware Attacks On Businesses Up 365% This YearTech Republic
Ransomware is back with a vengeance, according to Malwarebytes's Cybercrime Tactics and Techniques: Ransomware Retrospective report. The malware is delivered through spear-phishing emails and locks up valuable data assets, demanding a ransom to release them. While ransomware made headlines a few years back as a consumer problem, it was sidelined as other attacks became more popular among cybercriminals. But this year, the threat has come back to life, switching from mass consumer campaigns to highly-targeted attacks on businesses that will give cybercriminals a bigger bang for their buck, according to the report.
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Apple Will Now Pay Up To $1 Million for Reporting VulnerabilitiesThe Hacker News
Apple has just updated the rules of its bug bounty program by announcing a few major changes during a briefing at the annual Black Hat security conference yesterday. Apple has enormously increased the maximum reward for its bug bounty program from $200,000 to $1 million—that's by far the biggest bug bounty offered by any major tech company for reporting vulnerabilities in its products. The $1 million payouts will be rewarded for a severe deadly exploit—a zero-click kernel code execution vulnerability that enables complete, persistent control of a device's kernel.
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State Farm Falls Victim to Credential-Stuffing Attackthreatpost
State Farm Insurance is notifying customers that accounts have been compromised by hackers in a credential-stuffing attack. Credential-stuffing is accomplished by hackers who take advantage of users who often reuse the same passwords across multiple online accounts. The cyberattackers use stolen passwords and user names from previous data breaches to brute-force accounts on a wide scale, and when a match is found, they can take over the victim’s account.
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9 Things Emotionally Intelligent People Never SayInc.com
Leaders have enough to worry about without worrying about saying the wrong thing. But not all verbal violations are created equal. Sometimes saying the wrong thing just makes you look emotionally (and intellectually) dumb. And in today's business world, emotional intelligence is becoming more and more of a make or break factor. So here's the breakdown – you won't catch the highest EQ leaders saying any of the following:
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10 Other Interesting Links From This Week
There were too many fantastic reads from this past weeks’ worth of cybersecurity and technology news, so here are a few additional quick-hit links for your reading pleasure:
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