Security News
On Thursday, a bipartisan group of US senators introduced legislation with the ostensible purpose of combating child sexual abuse material online - at the apparent cost of encryption. The law bill is called the Eliminating Abusive and Rampant Neglect of Interactive Technologies Act, which folds up into the indignant acronym EARN IT. Backed by senators Lindsey Graham, Richard Blumenthal, Josh Hawley and Dianne Feinstein, the proposed law intends to make technology companies "Earn" their exemption from liability allowed under Section 230 of the US Communications Decency Act by requiring internet companies to follow a set of best practices to keep CSAM off their networks.
The U.S. is late to the 5G race. There are multiple strategies that policymakers can pursue to facilitate the near-term rollout of safer and more trusted 5G networks across the country, says Michael Chertoff, executive chairman of The Chertoff Group and former secretary of the Department of Homeland Security.
Cybercriminals are now partnering with drug cartels across Latin America to attack financial institutions and governments, leveraging a wide variety of scams and malware to make millions, according to a new report from cybersecurity firm IntSights. Mexican law enforcement arrested Héctor Ortiz Solares-known as "El H-1" or "Bandido Boss"-in 2019 after he spent years recruiting top-tier hackers who built malware for his gang, named "Bandidos Revolution Team." The malware was designed to infect ATM machines and attack Latin American banks.
There is a darker side to the Latin American hacking scene. "The cartels aren't using hackers to provide an alternative to drug money, just a relatively easy additional source of income - it's easier to use a hacker to syphon money out of an ATM than to break into one, or rob a bank."
A mobile phishing campaign that targeted customers of more than a dozen North American banks, including Chase, Royal Bank of Canada and TD Bank, managed to hook nearly 4,000 victims. The attacks used an automated SMS tool to blast bogus security text messages to mobile phone users between June and last month.
Cyware Labs, provider of advanced threat intelligence sharing and cyber fusion products, announced the appointment of Amit Patel as their Vice President of North America Sales. Patel brings over two decades of experience propelling corporate initiatives forward with knowledge built from years spent establishing the sales infrastructures for organizations that span the technology and cybersecurity sectors.
An emergent and effective data-harvesting tool dubbed Oski is proliferating in North America and China, stealing online account credentials, credit-card numbers, cryptowallet accounts and more. Oski started out targeting victims in North America, but in the last few days has added China to its set of targeted geographies.
In his role, Kurt will focus on leading and expanding business activity in North America. "Kurt is a great addition to the Kovrr leadership team. He brings more than 20 years of insurance industry experience and has successfully led companies through times of accelerated growth. We've set out many strategic initiatives for the upcoming year and Kurt's sales expertise will be a key factor in helping us achieve them," said Yakir Golan, CEO of Kovrr.
An increasing number of threat groups have been spotted targeting electric utilities in North America, industrial cybersecurity firm Dragos reported on Thursday. "As adversaries and their sponsors invest more effort and money into obtaining effects-focused capabilities, the risk of a disruptive or destructive attack on the electric sector significantly increases," the firm said in its report, titled North American Electric Cyber Threat Perspective.
AttackIQ, the leading independent vendor of breach and attack simulation solutions, announced Pedro Vidal has joined the company's executive team as vice president of North America sales. "Pedro is a proven force in the sales industry for security, making him a valuable addition to our growing executive team," said Carl Wright, chief commercial officer of AttackIQ. "He is a well-rounded executive, with 20 years of experience building business partnerships, developing sales teams and leading go-to-market strategies. The addition of Pedro will help strategically advance our footprint and meet the growing demand for our product."