Security Analyst Summit 2017 Day One Recap

Mike Mimoso and Chris Brook recap the first day of this year’s Security Analyst Summit, including Mark Dowd’s memory corruption bug keynote, the digital archeology around Moonlight Maze, ATM hacking, and the Lazarus APT.

A former Bank of America employee was sentenced to twenty seven
months in prison after installing software on the bank’s computers that
allowed him to steal thousands of dollars from ATMs, according to an
Associated Press report.Rodney Reed Caverly of Mint Hill, N.C.
was ordered to pay $419,310.90 in restitution, according to the U.S.
Attorney’s office in Charlotte. Caverly, who worked for BOA’s IT
department, plead guilty last year after it was discovered he’d
programmed certain BOA ATMs “to make fraudulent and unauthorized
disbursements of cash.”

Jailed hacker and data theft mastermind Albert Gonzalez is reportedly seeking to appeal his guilty plea, arguing that he committed his crimes at the behest of the Secret Service, according to a report by Wired.

If your cash card gets eaten by the automated-teller machine, it may not end up in the hands of a bank employee.European financial institutions are seeing a sharp rise in card “trapping,” where criminals use various tricks in order to capture and retrieve a person’s ATM card for fraudulent use.  Read the full story [IDG News Service/Jeremy Kirk] 

By Bob McMillan, ComputerWorld
Diebold has released a security fix for its Opteva automated teller machines after cybercriminals apparently broke into the systems at one or more businesses in Russia and installed malicious software.

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