The Latest in IT Security

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This spring, the author of the NukeBot banking Trojan published the source code of his creation. He most probably did so to restore his reputation on a number of hacker forums: earlier, he had been promoting his development so aggressively and behaving so erratically that he was eventually suspected of being a scammer.

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Hackers are believed to target the UK’s energy sector and some industrial control systems have likely been compromised, according to a recent report from UK’s National Cyber Security Centre, part of UK’s intelligence agency GCHQ. Because the activity was reported in other sectors, such as public water and other engineering-based areas, this was seen as part of a wide-spread attack.

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Hackers hijacked CoinDash’s initial coin offering Monday, stealing $7.7 million in cryptocurrency from the nascent trading platform. The attack occurred during a 15-minute period for “whitelist contributors” prior to the public ICO. During that time, the hackers were able to compromise the CoinDash website and swap out the CoinDash Token Sale address with one under their control.

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“AI is a fundamental, existential risk for human civilization,” Tesla and Space X CEO Elon Musk said at the National Governors Association summer meeting. He doesn’t think people “fully appreciate that.” AI and a possible robot apocalypse is just one topic covered by Musk, and we’ll get back to that;

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SUNDAY, JULY 23, 2017

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