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1 Million Computers Hacked for making big Money from Adsense

1 Million Computers Hacked for making big Money from Adsense

May 17, 2016
A group of cyber criminals has infected as much as 1 Million computers around the world over the past two years with a piece of malware that hijacks search results pages using a local proxy. Security researchers from Romania-based security firm Bitdefender revealed the presence of this massive click-fraud botnet, which the researchers named Million-Machine Campaign. For those unaware, Botnets are networks of computers infected with malware designed to take control of the infected system without the owner's knowledge, potentially being used for launching distributed denial-of-service (DDoS) attacks against websites. The malware in question is known as Redirector.Paco that alone has infected over 900,000 machines around the world since its release in 2014. The Redirector.Paco Trojan infects users when they download and install tainted versions of popular software programs, such as WinRAR, YouTube Downloader, KMSPico, Connectify, or Stardock Start8. Once infected, Paco m
Hacker finds flaws that could let anyone steal $25 Billion from a Bank

Hacker finds flaws that could let anyone steal $25 Billion from a Bank

May 17, 2016
A security researcher could have stolen as much as $25 Billion from one of the India's biggest banks ‒ Thanks to the bank's vulnerable mobile application. Late last year, security researcher Sathya Prakash discovered a number of critical vulnerabilities in the mobile banking application of an undisclosed bank that allowed him to steal money from any or all bank customers with the help of just a few lines of code. Being a white hat hacker, Prakash immediately reached out to the bank and alerted it about the critical issues in its mobile app and helped the bank fix them, instead of taking advantage of the security holes to steal money from the bank that has about 25 Billion USD in Deposits. While analyzing the mobile banking app, Prakash discovered that the app lacks Certificate Pinning , allowing any man-in-the-middle attacker to downgrade SSL connection and capture requests in plain text using fraudulently issued certificates. Also Read:  Best Password Manager — For
Ukrainian Hacker Admits Stealing Corporate Press Releases for $30 Million Profit

Ukrainian Hacker Admits Stealing Corporate Press Releases for $30 Million Profit

May 17, 2016
A 28-year-old Ukrainian hacker has pleaded guilty in the United States to stealing unpublished news releases and using that non-public information in illegal trading to generate more than $30 Million (£20.8 Million) in illicit profits. Vadym Iermolovych, 28, admitted Monday that he worked with two other Ukrainian hackers to hack into computer networks at PR Newswire, Marketwired and Business Wire, and steal 150,000 press releases to gain the advantage in the stock market. The defendants then used nearly 800 of those stolen news releases to make trades before the publication of the information, exploiting a time gap ranging from hours to 3 days. The trades would occur in "extremely short windows of time between when the hackers illegally accessed and shared the [news] releases and when the press releases were disseminated to the public by the Newswires, usually shortly after the close of the markets," said the Department of Justice in a press release . Thirty-two pe
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How to Make Your Employees Your First Line of Cyber Defense

How to Make Your Employees Your First Line of Cyber Defense

May 01, 2024Security Awareness Training
There's a natural human desire to avoid threatening scenarios. The irony, of course, is if you hope to attain any semblance of security, you've got to remain prepared to confront those very same threats. As a decision-maker for your organization, you know this well. But no matter how many experts or trusted cybersecurity tools your organization has a standing guard, you're only as secure as your weakest link. There's still one group that can inadvertently open the gates to unwanted threat actors—your own people. Security must be second nature for your first line of defense For your organization to thrive, you need capable employees. After all, they're your source for great ideas, innovation, and ingenuity. However, they're also human. And humans are fallible. Hackers understand no one is perfect, and that's precisely what they seek to exploit. This is why your people must become your first line of defense against cyber threats. But to do so, they need to learn how to defend thems
Google to Face a Record $3.4 Billion AntiTrust Fine in Europe

Google to Face a Record $3.4 Billion AntiTrust Fine in Europe

May 16, 2016
Google faces a record anti-trust penalty of about 3 BILLION Euros (US$3.4 Billion) from the European Commission in the coming days, according to reports. After 7-years of the investigation, the European Commission filed anti-trust charges against Google last year for violating antitrust laws. The European Union accused the search engine giant that it had abused its dominance in search by unfairly prioritize and displaying its own comparison shopping service at the top of its search results at the expense of rival products. British newspaper The Sunday Telegraph reports that the European Union is currently preparing a fine of about 3 Billion Euros ($3.4 billion), which is almost triple the amount (1.06 Billion Euro) that Intel was levied several year ago over violating antitrust law. According to the newspaper's sources, the EU officials, led by Margrethe Vestager , are planning to openly announce the fine against Google as early as next month, although the exact figure
Microsoft removes its controversial Windows 10 Wi-Fi Sense Password Sharing Feature

Microsoft removes its controversial Windows 10 Wi-Fi Sense Password Sharing Feature

May 14, 2016
Microsoft has finally decided to remove one of its controversial features  Wi-Fi Sense network sharing feature from Windows 10 that shares your WiFi password with your Facebook, Skype and Outlook friends and enabled by default. With the launch of Windows 10 last year, Microsoft introduced Wi-Fi Sense network sharing feature aimed at making it easy to share your password-protected WiFi network with your contacts within range, eliminating the hassle of manually logging in when they visit. This WiFi password-sharing option immediately stirred up concerns from Windows 10 users especially those who thought the feature automatically shared your WiFi network with all your contacts who wanted access. Must Read: Here's How to run Ubuntu Linux on Windows 10 . But Wi-Fi Sense actually hands over its users controls so they can select which networks to share and which contact list can access their Wi-Fi. Also, the feature doesn't share the actual password used to protect yo
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