Six Additional Carberp Scammers Arrested For Stealing $3.67m
Six more members of the Carberp gang have been arrested, according reports from the Russian Interior Ministry.
Government
Financial Industry Needs Government Supoport with Security, Not Regulation
Regulation is not the answer. That’s what the CISO of Regions Bank, Michele B. Cantley repeatedly responded with when asked what the government can do to improve the financial sector’s current security climate in a hearing hosted by the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises this morning.
Flame Malware Raises Need for Open Talk on Use of Cyberweapons
The discovery of the Flame malware has raised a number of questions, some mundane, some interesting and many unanswerable at this point. But the point that’s most interesting also is the one that likely will go unaddressed for the foreseeable future, and that is, the need for a serious, open discussion on the use of cyber weapons.
Citizen Lab found a compromised version of an anti-censorship tool that’s popular in Iran and Syria circulating with a backdoor installed.
In and advisory, the Department of Homeland Security’s Industrial control System (ICS) CERT said that it doesn’t believe the Flame malware targets industrial control systems (ICS) or SCADA systems, but the group advised critical infrastructure owners to be on alert.
The House Committee on Financial Services is hosting a hearing tomorrow in which they will explore the various cyber threats targeting capital markets and government sponsored enterprises.
A 33 year-old Chinese man pleaded guilty in U.S. Federal Court to stealing proprietary source code used by the U.S. Federal Reserve to help track billions of dollars in government transfers that occur daily, according to a report by Reuters.
The White House revealed today a set of initiatives it plans to use as part of its public-private partnership to combat increasingly disruptive networks of infected computers known as botnets.
UPDATE: Are the winds of cyber war blowing, or is the newly discovered Flame worm just a tempest in a teapot? Just days after it was disclosed to the public, the Flame worm is fanning the flames of controversy within the security world. Threatpost takes a look at what people are saying.
Let us stipulate that governments of all political affiliations are trying to steal information from one another. This is called espionage and it has been happening for thousands of years and the only things that have changed are the tactics and the technology. The discovery of the Flame malware–which looks to be the digital equivalent of a spy’s black bag–doesn’t change any of this, but it does raise one big question, and that is not who is writing tools like Flame, but who isn’t?
