Tuesday, September 2, 2014

FBI Cyber Crime Stories Week 2

The reports of data breaches continue to occur; faster, it seems, than we can stop them! NBC news reported that the FBI is investigating an incident where Russian hackers attacked the U.S financial system earlier this month and stole data from JPMorgan Chase and at least one other bank. What was even more frightening was the response from JPMorgan's spokeswoman Trish Wexler, who stated that companies like JPMorgan experience cyber attacks nearly every day.
In another report by the Inquirer, it seems that particular cyber attack targeted seven of the world's top banks, with hackers altering and deleting customer records at will! We like in an exciting, yet frightening world. Today’s cyber attackers do not have the look of traditional criminals, and the Internet has enabled them to steal across the globe from the convenience of their home!  

2 comments:

  1. It seems like every single day we're reading of a cyber attack! The latest being the nude celebrity pictures that were hacked. Notice how quickly companies move to distance themselves from any security breach, knowing that this would have a tremendous impact on the people that use their services. Even more alarming than the nude pictures though, is that Apple reported this was part of a targeted attack on user names, passwords and security questions. We all must do our part to protect and preserve the integrity of our data.

    http://bgr.com/2014/09/02/apple-icloud-nude-celebrity-pictures-hack/

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  2. The more I pay attention, the more I realize we seem to face a threat that is unstoppable. Organizations have to invest heavily in training and security products, but the attackers always seem to be several steps ahead of the game.
    Yesterday, our federal government disclosed that hackers had breached security at the government’s health insurance marketplace website (HealthCare.gov). Although the government stated the hackers did not steal any personal information on consumers, I am tempted to be very suspicious. It could be because I am a New Yorker and we are naturally suspicious, but the growing trend for those whose security has been breached, is to say that nothing was stolen! Imagine hackers looking at a wealth of sensitive consumer information - enough information to obtain drivers' licenses, credit cards, loans....and the list goes on!
    What amazes me about this story is what the spokesman for the agency that runs the website said: the hacking was made possible by several security weaknesses! One - the test server should not have been connected to the Internet; two - the test server was still being run with a default password; three - the server was not subject to regular security scans! So bottom line is that a corporation doesn't have to necessarily have a huge budget for security....they just need to follow some basic, commonsense rules!

    http://www.nytimes.com/2014/09/05/us/hackers-breach-security-of-healthcaregov.html?_r=0

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