Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Attacks/Breaches

11/16/2016
12:30 PM
50%
50%

Digital Shadows Narrows Down Causes Of Tesco Hack

Security firm Digital Shadows uses the "analysis of competing hypothesis" to narrow down possible causes of the $3.1 million Tesco bank theft.

The recent theft at UK's Tesco Bank was most likely caused by an organized group of criminals cashing out cloned cards, according to analysts at security firm Digital Shadows. 

Earlier this month, Tesco Bank confirmed an attack through which an estimated $3.1 million USD was stolen from about 9,000 accounts. At the time the Tesco thefts were initially reported, there was little information on how the attack was performed. To narrow down the sources, Digital Shadows has applied a technique called the Analysis of Competing Hypothesis (ACH) to the available data.

The ACH is "a structured analytical technique" analysts can use to determine the consistency and inconsistency of all data points with a collection of potential hypotheses. While experts could not definitively eliminate any of the hypotheses examined, they found some causes were more likely than others.

Read more about Digital Shadows' methodology and results on the company's blog

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio
 

Recommended Reading:

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
News
US Formally Attributes SolarWinds Attack to Russian Intelligence Agency
Jai Vijayan, Contributing Writer,  4/15/2021
News
Dependency Problems Increase for Open Source Components
Robert Lemos, Contributing Writer,  4/14/2021
News
FBI Operation Remotely Removes Web Shells From Exchange Servers
Kelly Sheridan, Staff Editor, Dark Reading,  4/14/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win an Amazon Gift Card! Click Here
Latest Comment: "Elon, I think our cover's been blown."
Current Issue
2021 Top Enterprise IT Trends
We've identified the key trends that are poised to impact the IT landscape in 2021. Find out why they're important and how they will affect you today!
Flash Poll
How Enterprises are Developing Secure Applications
How Enterprises are Developing Secure Applications
Recent breaches of third-party apps are driving many organizations to think harder about the security of their off-the-shelf software as they continue to move left in secure software development practices.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2021-2296
PUBLISHED: 2021-04-22
Vulnerability in the Oracle VM VirtualBox product of Oracle Virtualization (component: Core). The supported version that is affected is Prior to 6.1.20. Difficult to exploit vulnerability allows high privileged attacker with logon to the infrastructure where Oracle VM VirtualBox executes to compromi...
CVE-2021-2297
PUBLISHED: 2021-04-22
Vulnerability in the Oracle VM VirtualBox product of Oracle Virtualization (component: Core). The supported version that is affected is Prior to 6.1.20. Difficult to exploit vulnerability allows high privileged attacker with logon to the infrastructure where Oracle VM VirtualBox executes to compromi...
CVE-2021-2298
PUBLISHED: 2021-04-22
Vulnerability in the MySQL Server product of Oracle MySQL (component: Server: Optimizer). Supported versions that are affected are 8.0.23 and prior. Easily exploitable vulnerability allows low privileged attacker with network access via multiple protocols to compromise MySQL Server. Successful attac...
CVE-2021-2299
PUBLISHED: 2021-04-22
Vulnerability in the MySQL Server product of Oracle MySQL (component: Server: Optimizer). Supported versions that are affected are 8.0.23 and prior. Easily exploitable vulnerability allows high privileged attacker with network access via multiple protocols to compromise MySQL Server. Successful atta...
CVE-2021-2300
PUBLISHED: 2021-04-22
Vulnerability in the MySQL Server product of Oracle MySQL (component: Server: DML). Supported versions that are affected are 8.0.23 and prior. Easily exploitable vulnerability allows high privileged attacker with network access via multiple protocols to compromise MySQL Server. Successful attacks of...