Cyber Crime News Update

No one is immune from falling victims of cyber crime. It’s important to understand the daily threats landscape and stay up-to-date on the latest cyber crime news.

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    • Singapore Ministry of Defence Announces Bug Bounty Program December 13, 2017
      Singapore’s Ministry of Defence (MINDEF) has invited roughly 300 white hat hackers from around the world to take part in a two-week bug bounty program targeting eight of its Internet-facing systems. read more
      Eduard Kovacs
    • Philippine Bank Accuses Bangladesh of Heist 'Cover-Up' December 13, 2017
      A Philippine bank on Tuesday accused Bangladesh's central bank of a "massive cover-up" over an $81-million cyber-heist last year, as it rejected allegations it was mostly to blame. read more
      AFP
    • Apple Patches KRACK Flaws in AirPort Base Station December 13, 2017
      Apple this week released security updates to the firmware for its AirPort Base Stations to resolve vulnerabilities that make the network routers at risk to Key Reinstallation Attacks (KRACK).  read more
      Ionut Arghire
    • Critical Flaws Found in Palo Alto Networks Security Platform December 13, 2017
      Updates released by Palo Alto Networks for the company’s PAN-OS security platform patch critical and high severity vulnerabilities that can be exploited for remote code execution and command injection. read more
      Eduard Kovacs
    • AIG Creates New Model to Score Client Cyber Risk December 13, 2017
      Insurance giant American International Group said this week that it has developed a new cyber benchmarking model that quantifies and scores the cyber risk of its clients. The new model, AIG says, evaluates a client’s cyber security maturity against 10 common attack patterns across 11 commonly used technology devices.  read more
      Mike Lennon
    • Old Crypto Vulnerability Hits Major Tech Firms December 13, 2017
      A team of researchers has revived an old crypto vulnerability and determined that it affects the products of several major vendors and a significant number of the world’s top websites. read more
      Eduard Kovacs
    • Upstream Security Raises $9 Million to Protect Connected Cars Through the Cloud December 13, 2017
      Upstream Security, a Herzliya, Israel-based cybersecurity company that helps protect connected cars and autonomous vehicles from cyber threats, today announced that it has raised $9 million through a Series A funding round. read more
      Mike Lennon
    • Trump Signs Bill Banning Kaspersky Products December 13, 2017
      U.S. President Donald Trump on Tuesday signed a bill that prohibits the use of Kaspersky Lab products and services in federal agencies. read more
      Eduard Kovacs
    • Microsoft Patches 19 Critical Browser Vulnerabilities December 12, 2017
      Microsoft’s Patch Tuesday updates for December 2017 address more than 30 vulnerabilities, including 19 critical flaws affecting the company’s Internet Explorer and Edge web browsers. read more
      Eduard Kovacs
    • Machine Learning & Security: Making Users Part of the Equation December 12, 2017
      The Best Security Doesn’t Exclude Users, it Empowers Them read more
      Jack Danahy
    • Stealthy Admin Accounts Found in Hybrid Office 365 Deployments December 12, 2017
      Vulnerability in Azure AD Connect Software Can Provide Stealthy Admins With Full Domain Control read more
      Kevin Townsend
    • SAP Becomes CVE Numbering Authority December 12, 2017
      Released this week with fixes for 11 vulnerabilities, SAP’s Security Patch Day for December 2017 marks a change in the history of SAP patches: it also includes CVE numbers in the titles of the security notes. read more
      Ionut Arghire
    • Millions Impacted by Credential-Stealers in Google Play December 12, 2017
      During October and November 2017, Kaspersky Lab researchers discovered 85 applications in Google Play that were designed to steal credentials for Russian social network VK.com. One of the malicious applications had more than a million downloads. read more
      Ionut Arghire
    • Adobe Patches 'Business Logic Error' in Flash Player December 12, 2017
      The only security update released by Adobe this Patch Tuesday addresses a moderate severity regression issue affecting Flash Player. read more
      Eduard Kovacs
    • Golduck Malware Infects Classic Android Games December 12, 2017
      Several classic game applications in Google Play have been silently downloading and installing a malicious APK file onto Android devices, Appthority reports. read more
      Ionut Arghire

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