INFOSECURITY NEWSLETTER

December 7, 2016

New Botnet Launching Daily Massive DDoS Attacks

Darlene Storm, Computerworld.com, December 5, 2016

A new monster botnet, which hasn’t been given a name yet, has been spotted in the wild launching massive DDoS attacks. Security experts at CloudFlare said the emerging botnet is not related to Mirai, but it is capable of enormous distributed denial-of-service attacks. If this new botnet is just starting up, it could eventually be as powerful as Mirai.

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‘Avalanche’ Global Fraud Ring Dismantled

Brian Krebs, Krebsonsecurity.com, December 1, 2016

In what’s being billed as an unprecedented global law enforcement response to cybercrime, federal investigators in the United States, United Kingdom and Europe today say they’ve dismantled a sprawling cybercrime machine known as “Avalanche” — a distributed, cloud-hosting network that for the past seven years has been rented out to fraudsters for use in launching countless malware and phishing attacks.

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Data Breach Notification: 10 Ways GDPR Differs From the US Privacy Model

Jay Cline, Wsj.com, December 1, 2016

California’s famous SB1386 bill of 2003 pioneered mandatory data-breach notification across the United States, spurring a decade of unprecedented corporate spending on information security. Europe has imported this idea into its landmark General Data Protection Regulation (GDPR). Now, US multinationals will need to update their US privacy incident-response playbook in at least 10 areas in order to be ready for the GDPR’s May 2018 compliance deadline.

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Five New Malware Programs are Discovered Every Second

Graham Cluley, Businessinsights.com, December 05, 2016

The numbers are in, and they don’t look too good. A new report from the respected independent testing agency AV-Test.org reveals some scary-sounding facts about the state of malware today. According to AV-Test.org, it has 578,702,687 malware samples in its testing database – with over 115 million discovered so far during 2016 alone. That translates to 4-5 new malware samples every second of every day.

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‘Frighteningly Easy’ Hack Guesses Full Credit Card Details In 6 Seconds

Jai Vijayan, Darkreading.com, December 5, 2016

Researchers at the UK’s Newcastle University have developed what they say is an almost absurdly easy way to get the card number, security code, and expiration date of any Visa credit or debit card using nothing but guesswork — six seconds flat.

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Honeypot Security: Identifying Active Hackers Through Honeypot Deception

Michael Piscopo, Delta-risk.net, November 22, 2016

Every security expert has a perspective on what (and who) poses the biggest network security threats: cybercriminals, lone hackers, hacktivists, insiders, compromised workstations, and even nation-states. But with so many traffic requests making their way to your corporate network, it can be hard to distinguish attackers from legitimate visitors.

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Reports: Hackers Steal $31 Million from Russia’s Central Bank

Jeremy Kirk, Bankinfosecurity.com, December 5, 2016

It’s possible to transmit life-threatening signals to implanted medical devices with no prior knowledge of how the devices work, researchers in Belgium and the U.K. have demonstrated..

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Implantable Medical Devices can be Hacked to Harm Patients

Peter Sayer, Csoonline.com, December 1, 2016

It’s possible to transmit life-threatening signals to implanted medical devices with no prior knowledge of how the devices work, researchers in Belgium and the U.K. have demonstrated..

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IDC Predicts Healthcare Ransomware Attacks to Double by 2018

Elizabeth Snell, Healthitsecurity.com, November 29, 2016

The convergence of mobile, social, and sensors is just one factor leading to the continued growth of healthcare ransomware attacks over the next two years. Numerous industries have been working to combat, prevent, and mitigate malicious malware attacks. The healthcare sector has found itself particularly vulnerable to such attacks, and research has shown that the number of healthcare ransomware attacks often outweighs other industries.

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