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Two Hackers Charged with Hacking SEC System in Stock-Trading Scheme

Two Hackers Charged with Hacking SEC System in Stock-Trading Scheme

January 15, 2019Swati Khandelwal
The U.S. authorities have charged two Ukrainian hackers for hacking into the Securities and Exchange Commission's EDGAR filing system and stealing sensitive market-moving reports of companies before their public release. EDGAR, or Electronic Data Gathering, Analysis, and Retrieval, is an online filing system wherein companies submit their financial filings. The system processes around 1.7 million electronic filings per year. EDGAR lists millions of filings on corporate disclosures—ranging from annual and quarterly earnings report to sensitive and confidential information on mergers and acquisitions, which could be used for insider-trading or even manipulating U.S. equity markets. The two Ukrainian hackers, Artem Radchenko and Oleksandr Ieremenko (27-years-old), hacked EDGAR system to extract such sensitive non-public reports of publicly traded companies and sold that information to different groups of traders. According to an indictment [ PDF ] unsealed on Tuesday, amo
Reminder: Microsoft to end support for Windows 7 in 1-year from today

Reminder: Microsoft to end support for Windows 7 in 1-year from today

January 15, 2019Swati Khandelwal
A new reminder for those who are still holding on to the Windows 7 operating system—you have one year left until Microsoft ends support for its 9-year-old operating system. So it's time for you to upgrade your OS and say goodbye to Windows 7, as its five years of extended support will end on January 14, 2020—that's precisely one year from today. After that date, the tech giant will no longer release free security updates, bug fixes and new functionalities for the operating system that's still widely used by people, which could eventually leave a significant number of users more susceptible to malware attacks. However, the end of free support doesn't end Windows 7 support for big business and enterprise customers. As always, Microsoft does make exceptions for certain companies that are willing to pay a lot of money to continue their support. According to a 'Death of Windows 7' report from content delivery firm Kollective, as many as 43% of enterprises
36-Year-Old SCP Clients' Implementation Flaws Discovered

36-Year-Old SCP Clients' Implementation Flaws Discovered

January 15, 2019Mohit Kumar
A set of 36-year-old vulnerabilities has been uncovered in the Secure Copy Protocol (SCP) implementation of many client applications that can be exploited by malicious servers to overwrite arbitrary files in the SCP client target directory unauthorizedly. Session Control Protocol (SCP), also known as secure copy, is a network protocol that allows users to securely transfer files between a local host and a remote host using RCP (Remote Copy Protocol) and SSH protocol. In other terms, SCP, which dates back to 1983, is a secure version of RCP that uses authentication and encryption of SSH protocol to transfer files between a server and a client. Discovered by Harry Sintonen, one of F-Secure's Senior Security Consultants, the vulnerabilities exist due to poor validations performed by the SCP clients, which can be abused by malicious servers or man-in-the-middle (MiTM) attackers to drop or overwrite arbitrary files on the client's system. "Many scp clients fail to ver
How to Secure Your Mid-Size Organization From the Next Cyber Attack

How to Secure Your Mid-Size Organization From the Next Cyber Attack

January 15, 2019Mohit Kumar
If you are responsible for the cybersecurity of a medium-sized company , you may assume your organization is too small to be targeted. Well, think again. While the major headlines tend to focus on large enterprises getting breached – such as Sony, Equifax, or Target the actual reality is that small and mid-sized companies are experiencing similar threats. According to Verizon’s 2018 Data Breach Investigations Report, fifty-eight percent of malware attack victims are SMBs. Added to this is the fact that attack vectors that target small and medium-sized businesses are growing increasingly sophisticated, which makes securing them respectively challenging, and the trend of targeting ransomware campaigns on smaller organizations, as attackers assume smaller outfits are more likely to quickly pay in order to avoid damage to their business and reputation. Cisco's 2018 Security Capabilities Benchmark Study states that 44 percent of cyber attacks cost organizations over $500,000 i
Unpatched vCard Flaw Could Let Attackers Hack Your Windows PCs

Unpatched vCard Flaw Could Let Attackers Hack Your Windows PCs

January 15, 2019Wang Wei
A zero-day vulnerability has been discovered and reported in the Microsoft's Windows operating system that, under a certain scenario, could allow a remote attacker to execute arbitrary code on Windows machine. Discovered by security researcher John Page (@hyp3rlinx), the vulnerability was reported to the Microsoft security team through Trend Micro's Zero Day Initiative (ZDI) Program over 6 months ago, which the tech giant has refused to patch, at least for now. The vulnerability, which has not been assigned any CVE number, actually resides within the processing of a vCard file—a standard file format for storing contact information for a person or business, which is also supported by Microsoft Outlook. According to the researcher, a remote attacker can maliciously craft a VCard file in a way that the contact's website URL stored within the file points to a local executable file, which can be sent within a zipped file via an email or delivered separately via drive-b
Police Can't Force You To Unlock Your Phone Using Face or Fingerprint Scan

Police Can't Force You To Unlock Your Phone Using Face or Fingerprint Scan

January 15, 2019Swati Khandelwal
Can feds force you to unlock your iPhone or Android phone? ..."NO" A Northern California judge has ruled that federal authorities can't force you to unlock your smartphone using your fingerprints or other biometric features such as facial recognition—even with a warrant. The ruling came in the case of two unspecified suspects allegedly using Facebook Messenger to threaten a man with the release of an "embarrassing video" to the public if he did not hand over money. The federal authorities requested a search warrant for an Oakland residence, seeking to seize multiple devices connected to the suspects and then compel anybody on the premises at the time of their visit to unlock the devices using fingerprint, facial or iris recognition. However, Magistrate Judge Kandis Westmore of the U.S. District Court for the Northern District of California turned down the request, ruling the request was "overbroad and neither limited to a particular person nor
Does WhatsApp Have A Privacy Bug That Could Expose Your Messages?

Does WhatsApp Have A Privacy Bug That Could Expose Your Messages?

January 11, 2019Mohit Kumar
In-short conclusion—Whatsapp service or its 45-days deletion policy doesn't seem to have a bug. For detailed logical explanation, please read below. An Amazon employee earlier today tweeted details about an incident that many suggest could be a sign of a huge privacy bug in the most popular end-to-end encrypted Whatsapp messaging app that could expose some of your secret messages under certain circumstances. According to Abby Fuller, she found some mysterious messages on WhatsApp, notably not associated with her contacts, immediately after she created a new account with the messaging app on her brand new phone using a new number for the very first time. Fuller believes that the mysteriously appeared content on her new account was the message history associated with the WhatsApp account of the previous owner of the same SIM/mobile number, which WhatsApp pushed to her phone. Since for WhatsApp, your phone number is your username and password is the OTP it sends to that n
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