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IT Security Newsletter - 3/31/2020

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Hacking

FBI accuses Russian man of laundering money for a transnational cybercrime network

FBI agents have arrested a Russian citizen accused of laundering money for a cybercriminal gang that allegedly stole funds from a range of U.S. banks. A complaint unsealed Monday against Maksim Boiko, 29, alleges that he worked with a transnational organized crime group, called QQAAZZ, by converting stolen money into cryptocurrency. U.S. authorities previously indicted five Latvian men for their alleged involvement in the QQAAZZ operation. READ MORE...

Trends

Distributed disruption: Coronavirus multiplies the risk of severe cyberattacks

The coronavirus pandemic is upending everything we know. As the tally of infected people grows by the hour, global healthcare, economic, political, and social systems are bending and breaking under the strain, and for much of the world there's no end in sight. But amid this massive wave of disruption, one thing hasn't changed: the eagerness of cybercriminals to capitalize on society's misfortune and uncertainty to sabotage, cripple, mislead and steal. READ MORE...

Software Updates

Zoom Kills iOS App's Data-Sharing Facebook Feature

Zoom has removed a feature in its iOS web conferencing app that was sharing analytics data with Facebook, after a report revealing the practice sparked outrage. According to the Motherboard report last week that originally disclosed the privacy issue, the transferred information included data on when a user opened the app, a user's time zone, device OS, device model and carrier, screen size, processor cores and disk space. READ MORE...

Malware

Hackers Take Advantage of Zoom's Popularity to Push Malware

Attackers are attempting to take advantage of Zoom's increasing user base since the COVID-19 outbreak started by registering hundreds of new Zoom-themed domains for malicious purposes. Videoconferencing software company Zoom provides its customers with a cloud-based communication platform that can be used for audio and video conferencing, online meetings, as well as chat and collaboration via mobile, desktop, and telephone systems. READ MORE...


FBI turns to insurers to grasp the full reach of ransomware

As the president of National Ink and Stitch, Manley had to figure out how to recover files that hackers had encrypted as part of a ransomware attack on the small screen-printing business. Malicious software called only "LockedIn" struck the Maryland company's systems on Dec. 2, 2016, scrambling 16 years' worth of the company's intellectual property, like proprietary logos and designs. READ MORE...

Exploits/Vulnerabilities

Industrial Controllers Still Vulnerable to Stuxnet-Style Attacks

Researchers demonstrated recently that hackers could launch a Stuxnet-style attack against Schneider Electric's Modicon programmable logic controllers (PLCs), but it's believed that products from other vendors could also be vulnerable to the same type of attack. The notorious Stuxnet malware, which the United States and Israel used to cause damage to Iran's nuclear program, was designed to target SIMATIC S7-300 and S7-400 PLCs made by Siemens. READ MORE...


Vulnerabilities Expose Lexus, Toyota Cars to Hacker Attacks

Vulnerabilities in Lexus and Toyota cars could be exploited by hackers to launch remote attacks against affected vehicles, researchers at China-based Tencent Keen Security Lab discovered. Research into the AVN (Audio, Visual and Navigation) system in the 2017 Lexus NX300 - the same system is also used in other models, including LS and ES series - has revealed security issues with the Bluetooth and vehicular diagnosis functions on the car. READ MORE...

On This Date

  • ...in 1889, the Eiffel Tower is dedicated in Paris in a ceremony presided over by Gustave Eiffel, whose company built and designed it.
  • ...in 1900, The first car advertisement to run in a national magazine appeared in the Saturday Evening Post.
  • ...in 1918, daylight saving time goes into effect in the United States for the first time.
  • ...in 1943, stage and screen actor Christopher Walken ("The Deer Hunter", "Batman Returns") was born in Queens, NY.
  • ...in 1998, Netscape released their Mozilla source code under an open-source license, paving the way for the Firefox web browser and its various spinoffs.