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How Did Hackers Who Stole $81 Million from Bangladesh Bank Go Undetected?

How Did Hackers Who Stole $81 Million from Bangladesh Bank Go Undetected?

Apr 25, 2016
In Brief Investigators from British defense contractor BAE Systems discovered that hackers who stole $81 million from the Bangladesh Central Bank actually hacked into software from SWIFT financial platform, a key part of the global financial system. The hackers used a custom-made malware to hide evidence and go undetected by erasing records of illicit transfers with the help of compromised SWIFT system. The Bangladesh Bank hackers, who managed to steal $81 Million from the bank last month in one of the largest bank heists in history, actually made their tracks clear after hacking into SWIFT, the heart of the global financial system. SWIFT , stands for the Society for Worldwide Interbank Financial Telecommunications, is a global messaging network used for most international money and security transfers. More than 11,000 Global Banks on HIGH ALERT! Nearly 11,000 Banks and other financial institutions around the World use SWIFT system to send securely and receive payment
​DARPA Wants To Build Ultra Secure Messaging App for US Military

​DARPA Wants To Build Ultra Secure Messaging App for US Military

Apr 24, 2016
Just last month, DARPA launched a project dubbed "Improv," inviting hackers to transform simple household appliances into deadly weapons . Now, the Defense Advanced Research Projects Agency is finding someone in the private sector to develop a hacker-proof " secure messaging and transaction platform " for the U.S. military. Darpa wants researchers to create a secure messaging and transaction platform that should be accessible via the web browser or standalone native application. The secure messaging app should " separate the message creation, from the transfer (transport) and reception of the message using a decentralized messaging backbone to allow anyone anywhere the ability to send a secure message or conduct other transactions across multiple channels traceable in a decentralized ledger, " agency's  notice explains. In simple words, DARPA aims to create a secure messaging service that not only implements the standard encryption and se
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
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
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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.
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
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
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
Encrypted Smartphone Network Seized by Dutch Police for Criminal Investigation

Encrypted Smartphone Network Seized by Dutch Police for Criminal Investigation

Apr 21, 2016
On Tuesday, the Dutch Police arrested a 36-year-old man, Danny Manupassa , on suspicion of money laundering and involvement in selling encrypted smartphones to criminals. Manupassa owns a company called Ennetcom , which provides customized Blackberry Phones with the secure PGP-encrypted network. Reportedly, Ennetcom sold nearly 19,000 encrypted cell phones at 1500 euros each in last few years. Police have seized Ennetcom servers based in the Netherlands and Canada and pulled them offline. The seized servers contain data of encrypted communications belong to a large number of criminals. According to a press release , the investigation is ongoing and seized data from the servers will be analyzed soon. Police believe this operation would result in collecting evidence required for solving numerous ongoing investigations involving drug trafficking, assassinations, and other serious crimes. Moreover, Canadian Police is also involved in this investigation and surprisingly, i
Opera Browser Now Offers Free and Unlimited Built-in VPN Service

Opera Browser Now Offers Free and Unlimited Built-in VPN Service

Apr 21, 2016
In Brief Opera becomes the first web browser to offer a built-in Free, unlimited and 256-bit encrypted VPN service for everyone. Opera's Free VPN protects unencrypted browser session from leaking on public WiFi networks and will also let unblock firewalls to improve privacy and security. Virtual Private Networks (VPNs) have become an important tool not just for large companies, but also for individuals to improve web privacy, dodge content restrictions and counter growing threat of cyber attacks. Opera has released an updated desktop version of its web browser with a Free built-in VPN service to keep you safe on the Internet with just a click. That's a great deal! For those unfamiliar, VPNs are easy security and privacy tools that route your Internet traffic through a distant connection, protecting your browsing, hiding your location data and accessing restricted resources. Free VPN Service with Unlimited Data Usage Unlike several other free VPN services,
Creators of SpyEye Virus Sentenced to 24 Years in Prison

Creators of SpyEye Virus Sentenced to 24 Years in Prison

Apr 21, 2016
In Brief Two International hackers, Aleksandr Andreevich Panin and Hamza Bendelladj, have been sentenced to a combined 24 years and 6 months in prison for their roles in developing and distributing SpyEye banking trojan, a powerful botnet similar to the infamous ZeuS malware. Both hackers were charged with stealing hundreds of millions of dollars from banking institutions worldwide. Masterminds behind the development and distribution of the infamous " SpyEye " botnet have finally been sentenced to a combined total of 24 years and 6 months in prison. Aleksandr Andreevich Panin and Hamza Bendelladj have been sentenced for their roles in developing and distributing SpyEye malware that is said to have caused hundreds of millions of dollars in losses to the financial sector, the U.S. Justice Department said  on Wednesday. SpyEye, a successor to the notorious Zeus banking malware , has affected financial institutions since 2009. Once infected, the malware connects t
Researcher releases Free Ransomware Detection Tool for Mac OS X Users

Researcher releases Free Ransomware Detection Tool for Mac OS X Users

Apr 20, 2016
In Brief: Introducing  RansomWhere , a free generic ransomware detection tool for Mac OS X users that can identify ransomware-like behavior by continually monitoring the file-system for the creation of encrypted files by suspicious processes. This ransomware detection tool helps to block the suspicious processes and waits for the user to decide whether to allow or stop the process. Ransomware has risen dramatically since last few years... so rapidly that it might have already hit someone you know. With hundred of thousands of ransomware samples emerging every day, it is quite difficult for traditional signature-based antivirus products to keep their signature database up-to-date. So, if signature-based techniques are not enough to detect ransomware infection , then what else can we do? Some Antivirus companies have already upgraded their security solutions that detect suspicious behaviors like the sequential accessing of a large number of files, using encryption algori
China wants Apple's Source Code, but the Company Refused

China wants Apple's Source Code, but the Company Refused

Apr 20, 2016
In Brief Apple's head of legal has denied all rumors about providing its complete source code or any backdoor to the Chinese government. Apple officially confirmed that the Chinese government has asked Apple twice in the past two years to hand over the source code for its operating system, but the company refused in both the cases. In a Tuesday hearing entitled "Deciphering the Debate Over Encryption: Industry and Law Enforcement Perspectives,"  the police officials put allegations on Apple for handing over user data to Beijing while refusing the authorities at its home in the US. However, speaking under oath at the congressional hearing, Apple's General Counsel Bruce Sewell denied the claims, saying "We have been asked by the Chinese government" for the source code behind the iPhone. But, "we refused." The response came just after Indiana State Police Captain Charles Cohen accused Apple of providing its source code to China. N
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