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Facebook to Pay $5 Billion Fine to Settle FTC Privacy Investigation

Facebook to Pay $5 Billion Fine to Settle FTC Privacy Investigation

Jul 13, 2019
After months of negotiations, the United States Federal Trade Commission (FTC) has approved a record $5 billion settlement with Facebook over its privacy investigation into the Cambridge Analytica scandal . The settlement will put an end to a wide-ranging probe that began more than a year ago and centers around the violation of a 2011 agreement Facebook made with the FTC that required Facebook to gain explicit consent from users to share their personal data. The FTC launched an investigation into the social media giant last year after it was revealed that the company allowed Cambridge Analytica access to the personal data of around  87 million Facebook users without their explicit consent. Now, according to a new report published by the Wall Street Journal, the FTC commissioners this week finally voted to approve a $5 billion settlement, with three Republicans voting to approve the deal and two Democrats against it. Facebook anticipated the fine to between $3 billion...
Cybersecurity Frameworks — Types, Strategies, Implementation and Benefits

Cybersecurity Frameworks — Types, Strategies, Implementation and Benefits

Jul 12, 2019
Organizations around the world are wondering how to become immune from cyber attacks which are evolving every day with more sophisticated attack vectors. IT teams are always on the lookout for new ransomware and exploit spreading in the wild, but can all these unforeseen cyber attacks be prevented proactively? That's definitely a 'NO,' which is why there's a reactive approach in place to save organisations from the aftermath of take downs, and with proper cybersecurity practices, one can reduce the chances of becoming a victim. To do that, organizations should follow specific cybersecurity frameworks that will assist them in redefining and reinforcing their IT security and staying vigilant against cyber attacks. In this article, we'll understand what is cybersecurity framework, why they are mandatory for organizations, and what are their types, strategies, benefits, and implementation in detail. What is a Cybersecurity Framework? Cybersecurity framew...
New Malware Replaced Legit Android Apps With Fake Ones On 25 Million Devices

New Malware Replaced Legit Android Apps With Fake Ones On 25 Million Devices

Jul 11, 2019
Are you sure the WhatsApp app you are using on your Android device is legitimate, even if it's working perfectly as intended? ...Or the JioTV, AppLock, HotStar, Flipkart, Opera Mini or Truecaller app—if you have installed any of these? I'm asking this because cybersecurity researchers just yesterday revealed eye-opening details about a widespread Android malware campaign wherein attackers silently replaced installed legitimate apps with their malicious versions on nearly 25 million mobile phones. Now the important question here is how they're doing it and why? According to researchers at Check Point, attackers are distributing a new kind of Android malware that disguises itself as innocent-looking photo editing, adult entertainment, or gaming apps and available through widely used third-party app stores. Dubbed Agent Smith , the malware takes advantage of multiple Android vulnerabilities, such as the  Janus flaw and the Man-in-the-Disk flaw , and injects malic...
cyber security

New Webinar: Identity Attacks Have Changed — Have Your IR Playbooks?

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cyber security

AI Can Personalize Everything—Except Trust. Here's How to Build It Anyway

websiteTHN WebinarIdentity Management / AI Security
We'll unpack how leading teams are using AI, privacy-first design, and seamless logins to earn user trust and stay ahead in 2025.
Magecart Hackers Infect 17,000 Sites Through Misconfigured Amazon S3 Buckets

Magecart Hackers Infect 17,000 Sites Through Misconfigured Amazon S3 Buckets

Jul 11, 2019
Magecart strikes again! Cybersecurity researchers have identified yet another supply-chain attack carried out by payment card hackers against more than 17,000 web domains, which also include websites in the top 2,000 of Alexa rankings. Since Magecart is neither a single group nor a specific malware instead an umbrella term given to all those cyber criminal groups and individuals who inject digital card skimmers on compromised websites, it is not necessary for every one of them to use similar techniques with the same sophistication. A new report shared with The Hacker News prior to its release details a new supply-chain attack campaign wherein hackers are using shotgun approach instead of targeted attacks to infect a wide range of websites, preferring larger infection reach as possible over accuracy. Almost two months ago, security researchers from RiskIQ discovered supply-chain attacks involving credit card skimmers placed on several web-based suppliers, including AdMaxi...
A New Ransomware Is Targeting Network Attached Storage (NAS) Devices

A New Ransomware Is Targeting Network Attached Storage (NAS) Devices

Jul 10, 2019
A new ransomware family has been found targeting Linux-based Network Attached Storage (NAS) devices made by Taiwan-based QNAP Systems and holding users' important data hostage until a ransom is paid, researchers told The Hacker News. Ideal for home and small business, NAS devices are dedicated file storage units connected to a network or through the Internet, which allow users to store and share their data and backups with multiple computers. Independently discovered by researchers at two separate security firms, Intezer and Anomali, the new ransomware family targets poorly protected or vulnerable QNAP NAS servers either by brute forcing weak SSH credentials or exploiting known vulnerabilities. Dubbed " QNAPCrypt " by Intezer and " eCh0raix " by Anomali, the new ransomware is written in the Go programming language and encrypts files with targeted extensions using AES encryption and appends .encrypt extension to each. However, if a compromised NAS devic...
Powerful FinSpy Spyware Found Targeting iOS and Android Users in Myanmar

Powerful FinSpy Spyware Found Targeting iOS and Android Users in Myanmar

Jul 10, 2019
One of the most powerful, infamous, and advanced piece of government-grade commercial surveillance spyware dubbed FinSpy —also known as FinFisher —has been discovered in the wild targeting users in Myanmar. Created by German company Gamma International, FinSpy is spying software that can target various mobile platforms including iOS and Android, we well as desktop operating systems. Gamma Group reportedly sells its controversial FinSpy espionage tool exclusively to government agencies across the world, but also gained notoriety for targeting human rights activists in many countries. The FinSpy implant is capable of stealing an extensive amount of personal information from targeted mobile devices, such as SMS/MMS messages, phone call recordings, emails, contacts, pictures, files, and GPS location data. In its latest report published today, Kaspersky researchers revealed a cyber-espionage campaign that involves targeting Myanmar users with the latest versions of FinSpy impl...
Hackers' Operating System Kali Linux Released for Raspberry Pi 4

Hackers' Operating System Kali Linux Released for Raspberry Pi 4

Jul 10, 2019
We've got some really exciting news for you... Offensive Security has released an official version of Kali Linux for Raspberry Pi 4—the most powerful version of the compact computer board yet that was released just two weeks ago with the full 4GB of RAM at low cost and easy accessibility. Based on Debian, Kali Linux has always been the number one operating system for ethical hackers and penetration testers, and Raspberry Pi always has a gold standard for inexpensive single-board computing, designed to let people experiment with building software and hardware. Due to the popularity of Kali Linux on previous versions of Raspberry Pi, Offensive Security says that the developers want to get Kali supported on the latest version of the Pi right away. Now with the release of Raspberry Pi 4, Offensive Security is really excited to launch a new build of Kali Linux that takes advantage of everything the Raspberry Pi 4 has to offer including: A more powerful CPU Options for 1,...
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