A week in security (March 4 – 11)

Credit to Author: Malwarebytes Labs| Date: Mon, 11 Mar 2019 15:47:27 +0000

A roundup of cybersecurity news from March 4–11, including a Chrome zero-day, Labs’ data privacy report, news from RSA, and more.

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U.S. Mobile Giants Want to be Your Online Identity

Credit to Author: BrianKrebs| Date: Wed, 12 Sep 2018 20:58:31 +0000

The four major U.S. wireless carriers today detailed a new initiative that may soon let Web sites eschew passwords and instead authenticate visitors by leveraging data elements unique to each customer’s phone and mobile subscriber account, such as location, customer reputation, and physical attributes of the device. Here’s a look at what’s coming, and the potential security and privacy trade-offs of trusting the carriers to handle online authentication on your behalf.

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Alleged SIM Swapper Arrested in California

Credit to Author: BrianKrebs| Date: Wed, 22 Aug 2018 16:58:17 +0000

Authorities in Santa Clara, Calif. have arrested and charged a 19-year-old area man on suspicion hijacking mobile phone numbers as part of a scheme to steal large sums of bitcoin and other cryptocurrencies. The arrest is the third known law enforcement action this month targeting “SIM swappers,” individuals who specialize in stealing wireless phone numbers and hijacking online financial and social media accounts tied to those numbers.

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Hanging Up on Mobile in the Name of Security

Credit to Author: BrianKrebs| Date: Thu, 16 Aug 2018 17:01:36 +0000

An entrepreneur and virtual currency investor is suing AT&T for $224 million, claiming the wireless provider was negligent when it failed to prevent thieves from hijacking his mobile account and stealing millions of dollars in cryptocurrencies. Increasingly frequent, high-profile attacks like these are prompting some experts to say the surest way to safeguard one’s online accounts may be to disconnect them from the mobile providers entirely.

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Hackers Breached Virginia Bank Twice in Eight Months, Stole $2.4M

Credit to Author: BrianKrebs| Date: Tue, 24 Jul 2018 13:38:12 +0000

Hackers used phishing emails to break into a Virginia bank in two separate cyber intrusions over an eight-month period, making off with more than $2.4 million total. Now the financial institution is suing its cybersecurity insurance provider for refusing to fully cover the losses.

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Supreme Court: Police Need Warrant for Mobile Location Data

Credit to Author: BrianKrebs| Date: Fri, 22 Jun 2018 20:30:13 +0000

The U.S. Supreme Court today ruled that the government needs to obtain a court-ordered warrant to gather location data on mobile device users. The decision is a major development for privacy rights, but experts say it may have limited bearing on the selling of real-time customer location data by the wireless carriers to third-party companies.

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AT&T, Sprint, Verizon to Stop Sharing Customer Location Data With Third Parties

Credit to Author: BrianKrebs| Date: Tue, 19 Jun 2018 18:03:44 +0000

In the wake of a scandal involving third-party companies leaking or selling precise, real-time location data on virtually all Americans who own a mobile phone, the four major wireless carriers have responded to requests from a U.S. senator for more details about how the carriers are managing access to this extremely sensitive information. While three out of four providers said they had cancelled data sharing agreements with some of the offending companies, only one — Verizon — pledged to terminate all of them and initiate a wholesale review of their location data-sharing practices.

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Verizon to Stop Sharing Customer Location Data With Third Parties

Credit to Author: BrianKrebs| Date: Tue, 19 Jun 2018 18:03:44 +0000

In the wake of a scandal involving third-party companies leaking or selling precise, real-time location data on virtually all Americans who own a mobile phone, the four major wireless carriers have responded to requests from a U.S. senator for more details about how the carriers are managing access to this extremely sensitive information. While three out of four providers said they had cancelled data sharing agreements with some of the offending companies, only one — Verizon — pledged to terminate all of them and initiate a wholesale review of their location data-sharing practices.

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