Android-Stagefright vulnerability

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A user installs a vulnerable app that contains a remote access backdoor onto their Android device. A remotely-controlled server takes control of this app by exploiting its insecure backdoor. The Stagefright exploit is definitely not a minor problem, and it potentially affects basically any device going back to the early years of Android.

Google issues second patch for Android flaw after first attempt fails. Google is rolling out the Stagefright patch to Nexus devices as promised, but the bigger news alongside that announcement is a new update policy for Nexus devices. Going forward Google will release security patches for Nexus phones and tablets about once per month.

Email Spam-if it is too good to be true…

Email spamming is not behind phishing attacks in any way. Increasingly, e-mail spam today is sent via “zombie networks”, networks of virus- or worm-infected personal computers in homes and offices around the globe. Many modern worms install a backdoor that allows the spammer to access the computer and use it for malicious purposes.

This morning only , a very interesting mail arrived in my inbox which reads like this:

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“Good morning my dearest one,
My name is Mrs. Onon Nafi Taroure. I am a banker. It is true that we have not met each other in person, but I strongly believe that no trust or friendship in every business. I have a deceased customer’s abandoned fund, which I am his personal financial adviser before his accidental death and that has being the main reason why I contacted you and i would like to share this information with you in line with this inheritance fund of (USD $19.3 Million Dollars) which you will be rewarded with 39% of the total sum, 9% to the less privilege & charity organization home. Therefore before I disclose the full details to you, I will like to know your interest and willingness to assist me with assurance of trust.

My best regards,
Mrs. Onon Nafi Taroure.
Private Phone number: 00000232322 ”

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Dear Readers , I am sure you are getting lot of such emails , but do not respond to them, do not call them , you don’t even need to say “Ha, Ha!!, I know you are fooling me, I do not need any share in $19.3 million dollars !!!”

Increase in phishing attacks

An evolution in the social engineering tactics used to dupe web users to click on the infected URLs or download the malicious documents, with many masquerading as legitimate big-name companies. In total, 30 percent of all identified phishing links led to webpages mentioning ebay, Yahoo, Facebook, Google, and Amazon. The next most common targets included banks and other financial organisations.

Phishing is a kind of malicious attack where cybercriminals create a fake website — meant to look
like a popular online resource (a social network, online banking services, or online games) and use
various social engineering methods to attempt to lure users to the website. Users are tricked into visiting a falsified page of a social network, typically, a phishing page contains text fields for users to enter their personal data. The type of data of interest to the cybercriminals will ultimately determine the type of phishing attack.

Overall, the effectiveness of phishing, combined with its profitability for criminals and the simplicity
of the process, has led to a steadily rising number of these types of incidents. Users have to be careful while filling their personal data in emails , no Bank or institute will ever ask you to send them your personal data.

BYOD: Reward or Risk?

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Use of mobile devices such as smartphones, tablets and laptops has seen leaps and jumps this decade. Mobile devices are now equipped with technology that allows a user to be efficient and productive on-the-go. The reward of this being, that employees can access their work tasks on their personal devices and complete them wherever they are. The need for a physical office and an office desktop has lost its value. Employees all over the world are engaging in BYOD(Bring Your Own Device) to work places to quickly and easily complete their work. Enterprise BYOD adoption rates are around 45-75%.

But organizations are concerned over the secure use of these personal devices. BYOD’s pose many business risks. Sensitive and confidential data is usually accessed and saved on these devices, and there are limited ways to track enterprise data access. Banning BYOD’s is not an answer due to the dependency of employees on their personal devices. Appropriate security measures are being implemented by enterprises so as to control malware attacks and security breaches through mobile devices. The graph shows some security policies inculcated by most organizations practicing BYOD.

Blackshades + hacking = prison

NEW YORK – Sending a message intended to deter cybercrime, a judge Tuesday sentenced the co-creator of the Blackshades malware program to nearly five years in prison for running an operation that infected more than a half-million computers worldwide.

Swedish citizen Alex Yücel, 25, asked for leniency and said he felt contrition for marketing the malware to hackers bent on secretly controlling computers so they could steal passwords, owners’ identities and more.

He’s one of roughly 97 suspects arrested last year in a U.S.-led global investigation of a scheme that operated from 2010 to 2013 and marketed Blackshades’ Remote Access Tool — RAT — for $40 per download. The criminal enterprise generated gross sales of roughly $350,000 while spreading electronic havoc.

http://www.usatoday.com/story/money/2015/06/23/blackshades-sentencing-yucel/29175447/

Enterprise Cloud Security Issues

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On an average, companies used 738 cloud services in 2014. The cloud is a transformational shift in technology and has realized greater enterprise usage. Companies have adopted cloud services to grow their business potential and profits. The most popular enterprise cloud services used were Amazon Web Services, Office 365, Sales force, Cisco Webex and Box. Employees bring many consumer apps with them to work. Some popular consumer services include Facebook, Twitter, Apple iCloud, You tube and LinkedIn. The use of consumer and enterprise cloud applications together at the same work platform makes data vulnerable to security breaches. Employees tend to put sensitive data on the cloud such as banking account details, sensitive financial information such as revenue models, pricing models etc and other enterprise intellectual property. Majority of employees set the same passwords for their enterprise accounts as well as consumer accounts which lead to a wider range of security breaches as everything in the cloud is interconnected and accessible. Around 86.5GB of data was uploaded to high-risk malware services by each company last year. These high-risk services include Video Sharing, Photo Sharing, Slide Sharing, Web Conferencing and File Sharing. The info graphic shows the distribution of data uploaded to each service. Due to the ease of accessibility and security issues in the cloud, this sensitive enterprise data has been accessed and violated by 3000 Malware anomalies per day.

Cryptolocker

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Spread of Financial Malware

Financial Malwares are malicious softwares designed to steal credit card details and online banking passwords, redirect online banking transactions, extract money and may even take control over your data. CryptoLocker was a popular ransomware, infecting over 250000 systems, encrypts system files and demands a ransom for decrypting them. CryptoLocker is installed by the ZeuS Trojan, which had compromised over 74000 accounts of companies like Bank of America, NASA, Oracle etc. Gameover Zeus was another widespread Trojan which captured banking credentials of over 1 million users worldwide. In June 2014, U.S. Department of Justice announced that it has curbed the Gameover ZeuS infection through Operation Tovar. Yet, these malwares are still propagating through new variants and peer-to-peer connection.

The attackers are demanding a ransom-payment of roughly $300 in a number of different payment methods, including Bitcoin.

For the most part, CryptoLocker is spreading via various phishing campaigns, including some from legitimate businesses, or through phony Federal Express or UPS tracking notifications mostly through emails.

Internet of Things (IoT)

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IoT Security Challenges

Virtually, anything from a lightbulb to a car can be connected and operated through the Internet. This phenomenon is being called the Internet of Things (IoT). IoT has seen a rapid growth with major companies implementing IoT connected devices. The number of IoT connected devices is predicted to reach 5 billion by 2020.

Though, IoT increases the number of security risks for consumers and business risks for businesses. More opportunities are being provided to hackers to commit cybercrimes. Google has recently partnered with major automobile industries Audi, General Motors and Honda to put Android-connected cars on the road. This makes it possible to start/turn off your car through your computer or smartphone. As promising as it sounds, the number of Android Malwares are at an all-time high.

Since, IoT’s use embedded operating systems which are exposed to a variety of vulnerabilities. Listed below are seven major IoT security threats which consumers can expect:

1. Disruption and Denial of Service Attacks

2. Understanding the exposure to security threats.

3. Issues in upgrading custom firmware to fix patches

4. Identifying and implementing security controls and monitoring

5. Identify legitimate and malicious data patterns from IoTs

6. Modular hardware and software components

7. Huge Bandwidth requirement.[/wr_column]]

IoT2020
IoT Security Challenges

Virtually, anything from a lightbulb to a car can be connected and operated through the Internet. This phenomenon is being called the Internet of Things (IoT). IoT has seen a rapid growth with major companies implementing IoT connected devices. The number of IoT connected devices is predicted to reach 5 billion by 2020.

Though, IoT increases the number of security risks for consumers and business risks for businesses. More opportunities are being provided to hackers to commit cybercrimes. Google has recently partnered with major automobile industries Audi, General Motors and Honda to put Android-connected cars on the road. This makes it possible to start/turn off your car through your computer or smartphone. As promising as it sounds, the number of Android Malwares are at an all-time high.

Since, IoT’s use embedded operating systems which are exposed to a variety of vulnerabilities. Listed below are seven major IoT security threats which consumers can expect:

1. Disruption and Denial of Service Attacks

2. Understanding the exposure to security threats.

3. Issues in upgrading custom firmware to fix patches

4. Identifying and implementing security controls and monitoring

5. Identify legitimate and malicious data patterns from IoTs

6. Modular hardware and software components

7. Huge Bandwidth requirement.

[/wr_column][/wr_row]

GamaPOS: The New Point-of-Sale Malware Targeting U.S. Companies

A new breed of point-of-sale (PoS) threat currently spreading across the United States and Canada through the Andromeda botnet.

The GamaPoS threat launches a spam campaign to distribute Andromeda backdoors, infects systems with PoS malware, and hopes to catch target PoS systems out of sheer volume. Rough estimates show us that GamaPOS may have only hit 3.8% of those affected by Andromeda.

The systems get infected with the Andromeda backdoor after users either open a malicious attachment or visit a site hosting an exploit kit. Attachments are often disguised as documents needed for PCI DSS compliance or updating the company’s Oracle MICROS platform.The GamaPoS infection starts when victims access malicious emails that contain attachments such as macro-based malware or links to compromised websites hosting exploit kit content. At some point GamaPOS gets launched on users PC.

Once converted into Andromeda bots, the affected machines can now be manipulated via a control panel, letting cyber criminals perform different commands. GamaPoS targets a range of cards, including Visa and Discover, their users are exposed to the risk of hack. Finally, it would attempt to upload the collected data via the command-and-control server

Darkode Malware Marketplace Shut Down

The advertised products included personal information from customers who participated in an automobile auction, personal information of 39,000 people from a database of Social Security numbers and 20 million emails and usernames that could be used to target people for identity theft, phishing emails or other schemes.

The programs for sale included “ransomware,” a virus that can lock a computer or network until a ransom is paid to the hacker who installed it.

Those arrested or searched live in the United States, United Kingdom, Australia, Bosniz-Herzegovina, Brazil, Canada, Colombia, Costa Rica, Croatia, Cyprus, Denmark, Finland, Germany, Israel, Latvia, Macedonia, Nigeria, Romania, Serbia and Sweden. There are victims in all of those countries, and others, authorities said.

Darkode is responsible for hundreds of millions in financial losses, the FBI said. The scale of the investigation, which involved 20 countries, was unprecedented.