Anglo African weekly news wrap on trending cyber-attacks, to keep you alert

June 1, 2018

People should turn their routers off and back on again to help halt the spread of a dangerous piece of Russian malware, the FBI has said. The software has infected hundreds of thousands of devices. It could use that army of routers under its control to collect information by reading people’s internet activity, or to shut down their internet entirely.

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US authorities have provided more details of two pieces of malware which, they said, are used by North Korean hackers to infiltrate computer systems and steal passwords and other data.

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Malicious actors are exploiting the upcoming 2018 FIFA World Cup to conduct phishing attacks only two weeks before the tournament kicks off. Researchers at cyber security company Kaspersky Lab have detected a spike in the number of phishing pages appearing during match ticket sales, alongside a general rise in the number of football-related spam and World Cup-themed attacks.

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Cyber-crime is one oft-repeated threat, which apparently doesn’t seem like slowing down. However, the only defence to this threat is security vigilance and awareness. A quick way to test the corresponding security measures is by incorporating bug bounty programs which have been on the maps of several companies, for a long time now. Although not all bug bounty programs provide remunerations, others can go as high as $36,000 like Google which recently awarded an Uruguayan teenager for exposing a security flaw.

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Chinese internet and cyber security research firm 360 reported a series of high risk vulnerabilities in the EOS blockchain platform a couple of hours ago. According to China’s version of Twitter, Weibo, some of these vulnerabilities can remotely execute arbitrary code on the EOS node, meaning that remote attacks can directly control and take over all nodes running on EOS.

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