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US charges Chinese ex-IBM employee with Espionage

US charges Chinese ex-IBM employee with Espionage

Jun 15, 2016
The United States federal authorities have boosted charges against a former IBM Corp. software developer in China for allegedly stealing valuable source code from his former employer in the US. Chinese national Xu Jiaqiang, 30, was arrested by the FBI in December last year, when he was charged with just one count of theft of a trade secret. However, Jiaqiang has been charged with six counts: three counts of economic espionage and three counts of theft of a trade secret, as US prosecutors accused him of selling the stolen information to other companies, according to the Justice Department indictment [ PDF ]. The proprietary source code, which Jiaqiang was intended to sell for the benefit of the Chinese government, has been described as "a product of decades of work." Jiaqiang worked as a software developer for an unnamed American company that developed networking software from November 2010 to May 2014. In May 2014, Jiaqiang resigned the company only to sell the c
Android Ransomware now targets your Smart TV, Too!

Android Ransomware now targets your Smart TV, Too!

Jun 15, 2016
Do you own a Smartwatch, Smart TV, Smart fridge, or any Internet-connected smart device? If your answer is yes, then you need to know the latest interest of the cyber criminals in the field of Internet of Things. Ransomware! After targeting hospitals, universities, and businesses, Ransomware has started popping up on Smart TV screens. A new version of the Frantic Locker (better known as FLocker ) Ransomware has now the ability to infect and lock down your Smart TVs until you pay up the ransom. Researchers at Trend Micro have discovered the updated version of FLocker that is capable of locking Android smartphones as well as Smart TVs . Originally launched in May 2015, the FLocker ransomware initially targeted Android smartphones with its developers constantly updating the ransomware and adding support for new Android system changes. Here's what the new version of FLocker does to your Android-powered Smart TVs: FLocker locks the device's screen. Displays a
Making Sense of Operational Technology Attacks: The Past, Present, and Future

Making Sense of Operational Technology Attacks: The Past, Present, and Future

Mar 21, 2024Operational Technology / SCADA Security
When you read reports about cyber-attacks affecting operational technology (OT), it's easy to get caught up in the hype and assume every single one is sophisticated. But are OT environments all over the world really besieged by a constant barrage of complex cyber-attacks? Answering that would require breaking down the different types of OT cyber-attacks and then looking back on all the historical attacks to see how those types compare.  The Types of OT Cyber-Attacks Over the past few decades, there has been a growing awareness of the need for improved cybersecurity practices in IT's lesser-known counterpart, OT. In fact, the lines of what constitutes a cyber-attack on OT have never been well defined, and if anything, they have further blurred over time. Therefore, we'd like to begin this post with a discussion around the ways in which cyber-attacks can either target or just simply impact OT, and why it might be important for us to make the distinction going forward. Figure 1 The Pu
Microsoft releases tons of Security Updates to patch 44 vulnerabilities

Microsoft releases tons of Security Updates to patch 44 vulnerabilities

Jun 15, 2016
Microsoft has released 16 security bulletins on Tuesday resolving a total of 44 security holes in its software, including Windows, Office, Exchange Server, Internet Explorer and Edge. Five bulletins have been rated "critical" that could be used to carry out remote code execution and affected: Windows, Internet Explorer (IE), Edge (the new, improved IE), Microsoft Office and Office services; and the remaining 11 are marked important. One of the critical issues, MS16-071 that caused alarm bells to go off for many security experts involves a Use-After-Free bug (CVE-2016-3227), which affects Microsoft Windows Domain Name System (DNS) servers for Windows Server 2012 and 2012 R2. The vulnerability resides in the way servers handle requests. Attackers could send a specially crafted request to a DNS server and convinced it to run arbitrary code in the context of the Local System Account, Microsoft's advisory warns. Another critical vulnerability is addressed in MS16-070, which patc
cyber security

Automated remediation solutions are crucial for security

websiteWing SecurityShadow IT / SaaS Security
Especially when it comes to securing employees' SaaS usage, don't settle for a longer to-do list. Auto-remediation is key to achieving SaaS security.
Hack the Pentagon: Hackers find over 100 Bugs in U.S. Defense Systems

Hack the Pentagon: Hackers find over 100 Bugs in U.S. Defense Systems

Jun 14, 2016
The " Hack the Pentagon " bug bounty program by the United States Department of Defense (DoD) has been successful with more than 100 vulnerabilities uncovered by white hat hackers in Pentagon infrastructure. In March, the Defense Department launched what it calls " the first cyber Bug Bounty Program in the history of the federal government, " inviting hackers to take up the challenge of finding bugs in its networks and public faced websites that are registered under DoD. Around 1,400 whitehat (ethical) hackers participated in the Hack the Pentagon program and were awarded up to $15,000 for disclosures of the most destructive vulnerabilities in DoDs networks, Defense Secretary Ashton Carter said at a technology forum on Friday. "They are helping us to be more secure at a fraction of the cost," Carter said . "And in a way that enlists the brilliance of the white hatters, rather than waits to learn the lessons of the black hatters."
Apple announces Encryption-focused New File System for macOS Sierra

Apple announces Encryption-focused New File System for macOS Sierra

Jun 14, 2016
Apple announced one huge change at WWDC 2016: The company is replacing the HFS+ file system on MacOS, iOS, tvOS and WatchOS with a new file system. The company has introduced its brand new file system called The Apple File System — or APFS for short — for iOS, OS X, tvOS, and WatchOS, making security its centerpiece. " The Apple File System (APFS) is the next-generation file system designed to scale from an Apple Watch to a Mac Pro. APFS is optimized for Flash/SSD storage, and engineered with encryption as a primary feature, " according to an entry in the WWDC 2016 schedule. Yes, the Apple File System is optimized for Flash and SSD-based storage solutions that are used in iPhones, iPads, MacBooks, AppleTV set-top boxes, and others Apple gadgets. APFS supports "nearly" all features the HFS+ file system provides while offering improvements over the previous system in the process. Apple describes APFS as a modern file system that includes " strong enc
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