Donald Sears

Monoprice.com Goes Offline, Investigates Fraud

Audio visual cabling giant monoprice.com shut down its Web site – possibly for the next couple of weeks – while it investigates the possible compromise of its customer credit and debit card information. Read the full article. [KrebsonSecurity]

Ad Network Installing Malware on Drudge Report?

For the second time in less than six months, visitors to the Drudge
Report say they got malware in addition to the Web site’s usual
sensational headlines. Matt Drudge denied that his site was
infecting visitors, however it’s likely that the malware is coming from
ads delivered by a third-party ad network and not the site itself. Read the full article. [CNet]

LifeLock Settles with FTC for $11 Million

LifeLock, an Arizona company promising
customers protection from identity theft, has agreed to pay $12 million
to settle charges that the company overstated its benefits and used
“scare tactics” to gain subscribers. Read the full article. [Computerworld]


Organized cyber criminals stole more than $25 million from small to
mid-sized businesses in brazen e-banking heists in the 3rd quarter of
2009 alone, federal regulators said last week. Read the full article. [KrebsonSecurity]

Howard Schmidt, the new cybersecurity czar for the Obama
administration, has a short answer for the drumbeat of rhetoric
claiming the United States is caught up in a cyberwar that it is losing.

“There is no cyberwar,” Schmidt said. “I think that is a terrible metaphor and I think that is a terrible
concept,” Schmidt said. “There are no winners in that environment.” Read the full article. [Wired]

The Anti-Phishing Working Group (APWG) released its Q4, 2009 Phishing Activity Trends Report, which reveals that eCrime syndicates are expanding the base of brands they exploit for online fraud far beyond major financial institutions and online merchants, with the number of hijacked brands reaching a record 356 in October, up nearly 4.4 percent from the previous record of 341 in August 2009. Read the full article. [Help Net Security]

Congress and other government agencies are under a cyber attack an
average of 1.8 billion times a month, a number that has been growing
exponentially since President Barack Obama took office. In 2008, security events caused by vectors including worms, Trojan
horses and spybots averaged 8 million hits per month. That number
skyrocketed to 1.6 billion in 2009 and climbed to 1.8 billion this
year, according to Senate Sergeant-at-Arms Terrance Gainer. Read the full article. [Politico]