Browsing Tag: Hacking

China Calls Out U.S. for Hacking

Categories: Government, Web Security

The predominant narrative among U.S. officials and cybersecurity experts is that Chinese hackers, allegedly at the behest of their government, are thoroughly compromising the computer networks of American government, defense, and public sector organizations in order to steal any valuable data found within them on a daily basis. What you don’t hear so often, though we’d be remiss to ignore it and you’d be a fool not to believe it, is that the U.S. is doing the same exact thing to China.


Convicted TJX Hacker Regrets Taking ‘Easy Way Out’ With Plea Deal

Categories: Data Breaches, Hacks

MIAMI BEACH–Stephen Watt was involved in a series of attacks on retailers and restaurants that federal prosecutors called the largest identity theft in U.S. history. He wrote the sniffer used by some of his friends to steal millions of credit card numbers. After federal agents raided his apartment, confiscated all of his computer equipment, he eventually was indicted on a series of charges related to the attacks on TJX, Dave & Buster’s and others and was facing several years in prison. So he took a plea deal, hoping to reduce his prison time and the financial burden on his family. In all of that, what he regrets most is taking the plea.


Regulator Warns Banks About DDoS Attacks, Encourages Information Sharing

Categories: Compliance, Hacks, SMB Security

In an alert issued by the Office of the Comptroller of the Currency (OCC), Deputy Comptroller for Operational Risk Carolyn G. DuChene warned financial and other critical institutions about the wave of ongoing distributed denial of service (DDoS) attacks targeting their networks. DuChene is urging the banks in particular to share data about the attacks with one another and reiterated the OCC’s expectation that banks have risk management plans designed to mitigate such attacks in place ahead of time.


Firms Need ‘Tough Love’ In Struggle Against APTs

Black Hat is upon us and, with it, a lot of chatter about the dangers posed by so-called “APT,” or advanced persistent threats. Rather than get trapped in the hype bubble, Threatpost editor Paul Roberts took the opportunity to check back in with a recognized expert on detecting and combating APT-style attacks: Amit Yoran, the former CEO of NetWitness Corp. and now a Senior Vice President at RSA, The Security Division of EMC. Yoran says that the darkest days may yet be ahead in the fight against APT style attacks, with mounting attacks and a critical shortage of security talent. To cope, both private sector firms and the government need to stop fighting the last war and pivot to the kinds of practices and monitoring that can spot sophisticated attackers.