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Hackers exploit SS7 flaw to drain bank accounts

08

May

2017

From as early as 2014, common vulnerabilities in Signaling System 7 (SS7) have been spotlighted for allowing cybercriminals to spy on conversations and text messages on mobile phones, but also track location by simply knowing the victim’s phone number. Having ignored the warning signs, the telecom system is now used to bypass two-factor authentication and hack into users’ bank accounts.

Category Hacker Vulnerabilities Written by Hotforsecurity 0 Comments

Cybercrime is biggest threat to small and medium-size firms ‘by far’

05

May

2017

The UK’s definition of an SME — a small to medium enterprise — is any business with up to 250 employees, but no upper floor on the financial threshold. Speaking at the Counter Terrorism Expo in London’s Olympia today, the Federation of Small Business’ Home Office and MoJ Policy Unit Chair Richard Parlour laid out just why cyber security is so critical for the sector.

Category Cyber-crime Written by Cio 0 Comments

Shodan search engine starts unmasking malware command-and-control servers

03

May

2017

There’s now a new tool that could allow companies to quickly block communications between malware programs and their frequently changing command-and-control servers.
Threat intelligence company Recorded Future has partnered with Shodan, a search engine for internet-connected devices and services, to create a new online crawler called Malware Hunter.

Category Malware Network security Written by Cio 0 Comments

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Hackers exploit SS7 flaw to drain bank accounts

Cybercrime is biggest threat to small and medium-size firms ‘by far’

Shodan search engine starts unmasking malware command-and-control servers

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