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Cyber Security News of the Week, December 8, 2013
by Fred F. Farkel, Monday, December 9th, 2013


Guest column by Citadel Information Group

Cyber Crime

Thieves Covering Tracks Following $100M Bitcoin Heist: As if Bitcoin malware and Bitcoin mining malware weren’t enough to worry about, there was more trouble for the users of the digital crypto-currency last week as 96,000 Bitcoins disappeared from the Sheep Marketplace. ThreatPost, December 3, 2013

Cyber Privacy

How the NSA is tracking people right now: Documents obtained by The Washington Post indicate that the National Security Agency iscollecting billions of records a day to track the location of mobile phone users around the world. This bulk collection, performed under the NSA’s international surveillance authority,taps into the telephony links of major telecommunications providers including some here in the United States. The Washington Post, December 5, 2013

Microsoft to encrypt services, notify users of gov’t data requests: Microsoft moved to reassure business and government customers worldwide that it is committed to informing them of legal orders related to their data, and will fight in court any ‘gag order’ that prevents it from sharing such information with customers. ComputerWorld, December 5, 2013

Identity Theft

How To Keep The Grinch From Stealing Your Identity: With Cyber Monday sales up 20.6% from 2012 according to the IBM Digital Analytics Benchmark, it’s clear that more shoppers will be spending online than ever before. That means more will also become victims to identity theft. While there are no guarantees, there are some smart-and not t0o burdensome-steps you can take to protect yourself from the identity thieves both online and off. Forbes, December 3, 2013

Cyber Warning

Simple But Effective Point-of-Sale Skimmer: Point-of-sale (POS) skimmers – fraud devices made to siphon bank card and PIN data at the cash register – have grown in sophistication over the years: A few months back, this blog spotlighted a professionally made point-of-sale skimmer that involved some serious hacking inside the device. Today’s post examines a comparatively simple but effective POS skimmer that is little more than a false panel which sits atop the PIN pad and above the area where customers swipe their cards. KrebsOnSecurity, December 3, 2013

Cyber Security Management

How to create security awareness with incentives: Gamification is an alternative to pushing employees to improve security awareness. Ira Winkler and Samantha Manke offer tips for making incentives work for your program. CSO, December 2, 2013

Cyber Security Management – Cyber Update

Important Security Update for D-Link Routers: D-Link has released an important security update for some of its older Internet routers. The patch closes a backdoor in the devices that could let attackers seize remote control over vulnerable routers. KrebsOnSecurity, December 2, 2013

Cyber Security Management – Cyber Defense

How Many Zero-Days Hit You Today?: 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’ digital 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. KrebsOnSecurity, December 5, 2013

HOW THE NSA COULD BE BREAKING SSL: In order for the National Security Agency to collect the massive amounts of communication it has from email and Web traffic, it needs to elude, leapfrog or bash through the barrier that is SSL. ThreatPost, December 4, 2013

Massive hack shows users still don’t know how to create safe passwords: Cyber security researchers recently discovered a server with about 2 million stolen Internet passwords, and as expected, many of the login credentials are no more complex than “1234.” LA Times, December 4, 2013

Securing the Village

Microsoft Launches Cybercrime Center: Microsoft expands global role supporting law enforcement, government, and businesses fighting cybercrime. InformationWeek, December 4, 2013

Cyber Law

LabMD latest to challenge FTC’s cybersecurity regulation authority: The medical testing laboratory follows hotelier Wyndham in saying the FTC can’t regulate its security measures. Inside Counsel, December 4, 2013

Cyber Calendar

ISSA-LA December Lunch Meeting: Please join us for our annual Holiday Party! Let’s gather to celebrate another successful year for ISSA-LA at our final meeting of 2013. Network. Lunch. Raffles & more! ISSA-LA, Event Date: December 18, 2013

The IT Summit would like to thank Citadel Information Group for allowing us to provide this information to you.

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