Updates on latest Cyber-attacks for you to equip your security team.

June 24, 2016

Check the latest security incidents happening for you to unite your people, processes, and technologies behind an intelligence-driven defense. Being up to date with latest cyber-attack happening around the globe increases awareness on hackers’ new targets and alerts you on your next move towards cyber security.

 

  1. With the increasing popularity of online streaming websites growing day by day, a new study might force us to take a backseat. A study has revealed that the use of free live streaming websites can put viewers at security risk as these websites make you vulnerable to malware infections, personal data theft and scams. According to the researchers from KU Leuven-iMinds (Belgium) and Stony Brook University in the US, as much as 50% of the video overlay ads on free livestreaming websites are malicious.

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  1. Researchers from Cisco’s OpenDNS security team have uncovered a complex phishing scheme aimed at collecting user credentials from various Bitcoin-related services, which, under a closer scrutiny, led back to a known bulletproof hosting firm. The first to stumble over this campaign were the security researchers from CYREN, who spotted it in the first week of June.

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  1. Hackers have taken control of virtual cash worth $60m (£41m) by exploiting a bug in a system designed to help start-ups. The attack targeted an investment fund called the DAO which is based on technology derived from the Bitcoin crypto-currency. DAO members are now debating how to recover the diverted funds. One suggestion involves rolling back the entire computerised system to a time when the hack had not happened.

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  1. A major underground marketplace acting like an eBay for criminals is selling access to more than 70,000 compromised servers allowing buyers to carry out widespread cyber-attacks around the world, as per security experts. Researchers at Kaspersky Lab, a global computer security firm based in Moscow, said the online forum appears to be run by a Russian speaking group. It offers access to hacked computers owned by governments, companies and universities in 173 countries, unbeknownst to the servers’ legitimate owners.

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Tips to protect your enterprise from the above attacks:

  • Network monitoring- Companies need a comprehensive IT security approach, in addition to firewalls and virus scanners, other measures such as encoding software, data security software, content filters, port scanners and other tools should be part of these systems.
  • Detect Suspected Websites
  • Prevent DDos attacks

 

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