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Bank with No Firewall. That's How Hackers Managed to Steal $80 Million

Bank with No Firewall. That's How Hackers Managed to Steal $80 Million

Apr 23, 2016
In Brief Investigators from the Forensic Training Institute of the Bangladesh investigated the $80 Million bank heist and discovered that the hackers managed to gain access to the network because the Bank was using second-hand $10 network switches without a Firewall to run its network. When it was reported last month that an unknown hacking group attempted to steal $1 Billion from Bangladesh's Federal Reserve bank account with the help of a malware and, in fact, successfully stole over $80 Million , the investigators would not say how the hackers managed to bypass the security solutions on its network. But in reality, there was no security solution installed to help protect against increasingly sophisticated attacks. This lack of security practices made it incredibly easier for the hackers to break into the system and steal $81 Million, though a simple typo (spell error) by hackers halted the further transfers of the $850 Million funds. The network computers that we
Hacker Installed a Secret Backdoor On Facebook Server to Steal Passwords

Hacker Installed a Secret Backdoor On Facebook Server to Steal Passwords

Apr 22, 2016
How to Hack Facebook? That's the most commonly asked question during this decade. It's a hacker dream to hack Facebook website for earning bug bounty or for any malicious purpose. Facebook security team recently found that someone, probably a blackhat hacker with malicious intent, has breached into its server and installed a backdoor that was configured to steal Facebook employees' login credentials. Since the backdoor discovered in the Facebook's corporate server, not on its main server, Facebook user accounts are not affected by this incident. Though the company would have never known about the backdoor if a whitehat hacker had never spotted the backdoor script while hunting for vulnerabilities. Also Read: Ever Wondered How Facebook Decides, How much Bounty Should be Paid? Security researcher Orange Tsai of Taiwanese security vendor DEVCORE accidentally came across a backdoor script on one of Facebook's corporate servers while finding bugs to earn cash reward fr
10 Critical Endpoint Security Tips You Should Know

10 Critical Endpoint Security Tips You Should Know

Apr 26, 2024Endpoint Security / IT Security
In today's digital world, where connectivity is rules all, endpoints serve as the gateway to a business's digital kingdom. And because of this, endpoints are one of hackers' favorite targets.  According to the IDC,  70% of successful breaches start at the endpoint . Unprotected endpoints provide vulnerable entry points to launch devastating cyberattacks. With IT teams needing to protect more endpoints—and more kinds of endpoints—than ever before, that perimeter has become more challenging to defend. You need to improve your endpoint security, but where do you start? That's where this guide comes in.  We've curated the top 10 must-know endpoint security tips that every IT and security professional should have in their arsenal. From identifying entry points to implementing EDR solutions, we'll dive into the insights you need to defend your endpoints with confidence.  1. Know Thy Endpoints: Identifying and Understanding Your Entry Points Understanding your network's
More than 1 million People now access Facebook Over Tor Network

More than 1 million People now access Facebook Over Tor Network

Apr 22, 2016
In Brief Facebook has hit another Milestone: More than 1 MILLION people, or you can say privacy conscious, are accessing Facebook over TOR. Facebook proudly announced today that, this month, for the first time, the people connected to the anonymous version of Facebook that's accessible only through the TOR anonymity network exceeded 1 Million – an increase of almost 100% in the past ten months. Today, when global surveillance system continues to grow, encryption has the power to protect users' security and privacy online. And it is ultimately a good thing that companies like Facebook are competing on users' security. In 2014, Facebook launched a special version of its website that runs only with the help of Tor anonymity software that offers privacy to users. Tor anonymity software or Tor browser secures and encrypts connections to prevent cyber criminals or law enforcement agencies from tracking users' web activity. Tor users can visit Facebook's Tor hidden s
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SaaS Security Buyers Guide

websiteAppOmniSaaS Security / Threat Detection
This guide captures the definitive criteria for choosing the right SaaS Security Posture Management (SSPM) vendor.
Sony PlayStation Network to Get Two-Factor Authentication

Sony PlayStation Network to Get Two-Factor Authentication

Apr 22, 2016
In Brief: Sony is finally bolstering the security of the PlayStation Network by adding Two-Factor Authentication to the servers — almost five years after a massive hack that exposed data of over 77 Million users. Sony confirmed to Polygon today that it is planning to introduce two-factor verification to its PlayStation Network widely soon after a Twitter user saw a reference to it in the latest 4.80 firmware update for the PlayStation 3. Although there is no official announcement from the company revealing when two-step authentication will be implemented in PSN, the representative told sources that "more details will be shared at a later date." Microsoft has been providing two-step verification to its Xbox Live users since 2013. The feature is also used on Battle.net and Steam. Two-Factor authentication, also known as two-step verification, is a process that requires you to submit two different forms of verification when logging into a service: One is your
FBI paid Hacker $1.3 Million to Unlock San Bernardino Shooter's iPhone

FBI paid Hacker $1.3 Million to Unlock San Bernardino Shooter's iPhone

Apr 22, 2016
In Brief Guess how much the FBI has paid an unknown grey-hat hacker to break into San Bernardino Shooter's iPhone? FBI Director James Comey hinted during an interview that the FBI spent more than $1.3 Million for breaking into the iPhone of a suspected terrorist and found nothing useful on it. Apple's  legal battle with the Federal Bureau of Investigation (FBI) ended following the bureau's announcement last month that it bought a hacking tool to break into the locked iPhone 5C belonging to the alleged San Bernardino shooter Syed Farook. At the time, the FBI did not disclose the name of the third party neither it revealed the cost of the hacking tool. But yesterday while speaking at the Aspen Security Forum in London, FBI Director James Comey gave a hint on the price it gave to the unnamed "outside party" for the hacking solution after Apple refused to help the agency bypass the iPhone's security mechanisms. The FBI Paid Over $1.3 MILLION f
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