Entries with tag cybersecurity.

Security-Application Update Disables Computers Worldwide

A faulty update from security vendor Malwarebytes issued Tuesday afternoon reportedly left users worldwide without computer access after the software disabled essential, legitimate Windows components after identifying them as malware. The problem was created by a faulty update definition that marked Windows.dll and .exe files as malware. Malwarebytes said it took the update off its servers as soon as it realized there was a problem, which occurred within eight minutes of deployment. The company said in a blog post that it is re-evaluating its update policy to prevent this from occurring again. The ongoing fight against new and fast moving cyberthreats and the need to update applications makes faulty updates a “constant danger,”, said Rik Ferguson, global vice president of security research at security vendor Trend Micro. (SlashDot)(V3.co.uk)(Malwarebytes)
 

Once-Notorious US Hacker Aids Ecuador in Election Security

Kevin Mitnick, notorious in the 1990s for hundreds of Internet-based attacks, now runs Mitnick Security Consulting, which the government of Ecuador recently hired to provide cybersecurity for Ecuador’s recent presidential elections. Now 49, he posted to Twitter, “Eighteen years ago I was busted for hacking. I do the same thing today but with full authorization. How cool is that?” His attacks—against corporate, government and university targets including Apple Computer, Motorola, and the FBI—resulted in a conviction on cybercrime-related charges. He was sentenced to 15 years and was imprisoned between 1995 and 2000. (PhysOrg)(AFP @ GlobalPost)(Mitnick Global Security)
 

US Report Claims Too Many Cyberattacks Aren’t Reported


The Bipartisan Policy Center (BPC)—a US-based, nonprofit, public-policy think tank—has issued a report stating that too many cyberattacks in the United States go unreported. The lack of reporting causes a myriad of problems from the theft of intellectual property to compromised national security. The concerns that prevent organizations from divulging information about attacks range from reputation damage to loss of customers, as well as possible liabilities connected to divulging information, according to the BPC. The report found that the number of cyberattacks in the US is increasing along with financial losses resulting from them but that organizations openly sharing information about the incidents could improve the situation. Between October 2011 and February 2012, victims reported more than 50,000 cyberattacks on private and government networks to the US Department of Homeland Security. Of these, 86 targeted critical-infrastructure networks. (PhysOrg)(AFP)(The Bipartisan Policy Center)

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