Hackers Steal $150,000 With Malicious Job Application

The U.S. Federal Bureau of Investigation issued a warning Wednesday about a new twist on a long-running computer fraud technique, known as Automated Clearing House fraud.

With ACH fraud, criminals install malicious software on a small business’ computer and use it to log into the company’s online bank account. They set up bogus fund transfers, adding fake employees or payees, and then move the money offshore.

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New Attack Fells Internet Explorer

A hacker has posted attack code that could be used to break into a PC running older versions of Microsoft’s Internet Explorer browser.

The code was posted Friday to the Bugtraq mailing list by an unidentified hacker. According to security vendor Symantec, the code does not always work properly, but it could be used to install unauthorized software on a victim’s computer.

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Google Chrome Security Overview

Google plans to use a combination of system hardening, process isolation, verified boot, secure auto-update and encryption to thwart malicious hackers from planting malware on its new Google Chrome OS.

Much like the Google Chrome browser, the operating system will use process sandboxing as the key weapon in a series of anti-exploitation mitigations and attack surface reduction techniques. The end goal is to recover from a successful attack by simply applying an update and rebooting the infected machine.

Read more here and here.


[Very well explained. I especially like the Guiding Principles. Very sensibly written:-)]

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Keeping Pacemakers Safe from Hackers

Manufacturers have started adding wireless capabilities to many implantable medical devices, including pacemakers and cardioverter defibrillators. This allows doctors to access vital information and send commands to these devices quickly, but security researchers have raised concerns that it could also make them vulnerable to attack.

Researchers from the Swiss Federal Institute of Technology in Zurich and the French National Institute for Research in Computer Science and Control have now developed a scheme for protecting implantable medical devices against wireless attacks. The approach relies on using ultrasound waves to determine the exact distance between a medical device and the wireless reader attempting to communicate with it.

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[The link to the full paper is here[PDF].]

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Hackers Indicted in Widespread ATM Heist

The U.S. Justice Department indicted eight Russian and Eastern European computer hackers, alleging they were part of a crime ring that allegedly broke into ATMs in hundreds of cities world-wide and stole $9 million in a matter of hours.

Prosecutors in Atlanta announced indictments Tuesday in a scheme that is among the most brazen and damaging electronic-bank heists disclosed to date. One of the men accused was arrested and is awaiting extradition from Estonia. The others are thought to be at large.

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