Legal & Security

30 July 2017

Cyber-crime 'undermining' financial system warns Black Economy boss Australian Financial Review

Biometric methods of identification must be urgently and widely adopted to prevent the banking and financial services sectors being "systemically undermined" by rampant identity theft, the former global chief of KPMG now heading the nation's powerful Black Economy Taskforce has warned.

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23 July 2017

Dark web master thwarted by love of cash and bling Australian Financial Review

Users of AlphaBay, the dark net marketplace selling everything from heroin to stolen identities, first started to suspect on the evening of July 4 that there was something awry.

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22 July 2017

Why cyberattacks could be war crimes World Economic Forum

Cyberattacks are the new normal, but, when they come from abroad, they can raise panic about an invisible cyberwar. If international conflicts are unavoidable, isn’t a cyberwar better than a physical war with bombs and bullets?

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21 July 2017

Dark web marketplaces AlphaBay and Hansa shut down The Guardian

AlphaBay and Hansa – two of the largest “dark web” marketplaces for illegal and illicit items such as drugs and guns – have been shut down, the US Justice Department said on Thursday.

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17 July 2017

Global cyber attack could spur $53 billion in losses: Lloyd's of London Reuters

A major, global cyber attack could trigger an average of $53 billion of economic losses, a figure on par with a catastrophic natural disaster such as U.S. Superstorm Sandy in 2012, Lloyd's of London said in a report on Monday.

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07 July 2017

Lasting Damage and a Search for Clues in Cyberattack New York Times

As investigators continue to gather clues about the cyberattacks that hit computers around the world last week, some big companies and other organizations are still reckoning with the damage.

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06 July 2017

U.N. survey finds cybersecurity gaps everywhere except Singapore Reuters

Singapore has a near-perfect approach to cybersecurity, but many other rich countries have holes in their defenses and some poorer countries are showing them how it should be done, a U.N. survey showed on Wednesday.

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04 July 2017

'NotPetya' malware attacks could warrant retaliation, says Nato researcher The Guardian

The NotPetya malware that wiped computers at organisations including Maersk, Merck and the Ukrainian government in June “could count as a violation of sovereignty”, according to a legal researcher at Nato’s cybersecurity division.

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01 July 2017

Canadian ruling dictating Google's worldwide search results is far from unprecedented The Hill

A little over 20 years ago, Grateful Dead lyricist John Perry Barlow penned a manifesto that served as the basic blueprint for Silicon Valley cyber-libertarian ideology for two decades. Premised on the notion that the Internet (capitalized here since Barlow definitely treated it as a space rather than as a tool for communication), freed from government interference and the application of laws, would produce a more perfect society in which disputes would be resolved through dialogue rather than force or mandate, he famously wrote in his 1996 Declaration of Independence of Cyberspace.

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30 June 2017

Three ways the 'NotPetya' cyberattack is more complex than WannaCry The Conversation

The WannaCry ransomware was barely out of the headlines when another cyberattack took down computer systems around the world.

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29 June 2017

Ransomware attack 'not designed to make money', researchers claim The Guardian

A ransomware attack that affected at least 2,000 individuals and organisations worldwide on Tuesday appears to have been deliberately engineered to damage IT systems rather than extort funds, according to security researchers.

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28 June 2017

What is the Petya ransomware attack, and how can it be stopped? The Guardian

Many organizations in Europe and the US have been crippled by a ransomware attack dubbed “Petya”. The malicious software has spread through large firms including the advertiser WPP, food company Mondelez, legal firm DLA Piper and Danish shipping and transport firm Maersk, leading to PCs and data being locked up and held for ransom.

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Cyberattack Hits Ukraine Then Spreads Internationally New York Times

Computer systems from Ukraine to the United States were struck on Tuesday in an international cyberattack that was similar to a recent assault that crippled tens of thousands of machines worldwide.

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26 June 2017

2016 Internet Crime Report: FBI's IC3 Releases Annual Report Highlighting Trends in Internet Crime FBI

Giving someone access to your computer is like giving out a key to your front door. A computer can have your bank account information, family photos, and other private documents and data—information that fraudsters would like to steal. That’s why tech support fraud has become a significant trend in online crime, according to the 2016 Internet Crime Report from the FBI’s Internet Crime Complaint Center (IC3).

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23 June 2017

Fake online stores reveal gamblers' shadow banking system Reuters

A network of dummy online stores offering household goods has been used as a front for internet gambling payments, a Reuters examination has found.

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22 June 2017

Losses from cyber crimes rose 24 percent to $1.33 billion in 2016: FBI report Reuters

Losses from cyber crimes rose 24 percent in 2016 to over $1.33 billion, according to a report by the Federal Bureau of Investigation's Internet Crime Complaint Center.

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21 June 2017

Germany Raids Homes of 36 People Accused of Hateful Postings Over Social Media New York Times

In a coordinated campaign across 14 states, the German police on Tuesday raided the homes of 36 people accused of hateful postings over social media, including threats, coercion and incitement to racism.

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19 June 2017

Locked Shields: The world's largest cyber-war game Al Jazeera

Things are bad on the small island nation of Berylia after a diplomatic row with Crimsonia, its bigger neighbour and rival. There are street protests by the Crimsonian minority in Berylia, which then suffers a wave of cyber-attacks that make it lose control of its drones and its only international airbase.

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WannaCry ransomware attack 'linked to North Korea' The Guardian

Britain’s National Cyber Security Centre (NCSC) has reportedly attributed the WannaCry malware, which affected the NHS and other organisations worldwide in May, to the North Korean-affiliated hacking team Lazarus Group.

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13 June 2017

U.S. Cyberweapons, Used Against Iran and North Korea, Are a Disappointment Against ISIS New York Times

America’s fast-growing ranks of secret cyberwarriors have in recent years blown up nuclear centrifuges in Iran and turned to computer code and electronic warfare to sabotage North Korea’s missile launches, with mixed results.

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07 June 2017

Ponzi Scheme Meets Ransomware for a Doubly Malicious Attack New York Times

The first message to pop up on the computer screen let the victims know they had been hacked. The second message gave them a way out.

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02 June 2017

World heading towards 'permanent cyber war', France warns The Independent

The world is heading towards a “permanent war” in cyberspace, the head of France’s digital security agency has warned.

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30 May 2017

WannaCry ransom notice analysis suggests Chinese link BBC News

New analysis suggests Chinese-speaking criminals may have been behind the WannaCry ransomware that affected thousands of organisations worldwide.

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29 May 2017

Hackers Hide Cyberattacks in Social Media Posts New York Times

It took only one attempt for Russian hackers to make their way into the computer of a Pentagon official. But the attack didn’t come through an email or a file buried within a seemingly innocuous document.

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25 May 2017

Cybersleuths Unearth More Clues Linking WannaCry to North Korea Bloomberg

Cybersecurity researchers at Symantec Corp. and FireEye Inc. have uncovered more evidence tying this month’s WannaCry global ransomware attacks to North Korea.

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