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.

Comments
Russian Hackers Made $2.5B Over The Last 12 Months
Newest First  |  Oldest First  |  Threaded View
Page 1 / 2   >   >>
Marilyn Cohodas
50%
50%
Marilyn Cohodas,
User Rank: Strategist
10/17/2014 | 8:43:09 AM
Re: Enforcement irony?
Well there is Interpol, of course, which recently announced that it is teaming up with Kaspersky Labs and Trend Micro in a state-of-the art facility to fight cyber crime based in Singapore. But in terms of big busts stemming from the major retail breaches of the past year, the criminals responsible seem to have gotten off scott free -- at least so far.

 

 
AnonymousMan
100%
0%
AnonymousMan,
User Rank: Moderator
10/16/2014 | 6:47:48 PM
Re: Time for Apple Pay?
LOL.
Dr.T
50%
50%
Dr.T,
User Rank: Ninja
10/16/2014 | 6:37:54 PM
Re: Enforcement irony?
Laws are geographically bounded but the Internet is not, this certainly creates some challenges but if each country does its own duty property the problem would be less severe.
Dr.T
50%
50%
Dr.T,
User Rank: Ninja
10/16/2014 | 6:35:08 PM
Re: That's a lot
Numbers are more likely estimates but that does not change the fact that there is a market on stolen credit cards. We need to change overall system to avoid utilization of current credit cards and numbers.
Dr.T
0%
100%
Dr.T,
User Rank: Ninja
10/16/2014 | 6:32:44 PM
Time for Apple Pay?
Maybe it is time for ApplePay now. Apple releasing iOS8.1 on Monday which will support ApplePay, that may a way out with this complexity.
AnonymousMan
50%
50%
AnonymousMan,
User Rank: Moderator
10/16/2014 | 10:48:38 AM
Re: That's a lot
It is a lot, but since it's pretty much a made up number AFAICT...why not say $2.5T?  Then we could really get some popular support in the US for the Govt to intervene like we all know they want to.
RyanSepe
50%
50%
RyanSepe,
User Rank: Ninja
10/16/2014 | 9:40:11 AM
Re: Enforcement irony?
You bring up a good point Marilyn. How come there have been no substantial repercussions for these attacks? Basically illuminating the idea that if the stove never burned you, you would keep touching it proverb. Especially if it had a high yield like credit data theft.

From my perspective I would have to think it would be difficult to prosecute on an international level. Not being too familiar with other countries cyber crime laws and punishments. But in certain countries these may not apply. Is there a global authoritative level for issues such as these?
prospecttoreza
50%
50%
prospecttoreza,
User Rank: Strategist
10/16/2014 | 9:31:51 AM
this number was not reported on the tax return, so were does it come from?
So Target lost around 50M cards, Home deport another 50M. Let's double this number to cover other breaches. 200M. Now, kids, let's multiply 200M by $10 per card - and we are getting a wooping $2Billion. But that is assuming that all of them are sold - at that specific price! Look at all other numbers here depicting profit from selling data to spammers and so on. These numbers have 3 meaningful digits which implies 0.1% accuracy! This is all bogus numbers that come from a mere action of multiplication.
Marilyn Cohodas
50%
50%
Marilyn Cohodas,
User Rank: Strategist
10/16/2014 | 9:17:40 AM
Enforcement irony?
Isn't it ironic that in POS attacks "no one has been prosecuted so far..... therefore there is no reason for a decline, only growth." But the biggest successes (reduction of theft from legal entities) were where there were effective investigations. Isn't that kind of obvious? Or am I missing something? 
Whoopty
50%
50%
Whoopty,
User Rank: Ninja
10/16/2014 | 8:11:13 AM
That's a lot
$2.5 billion is starting to get to the point where you wonder if the state might be getting involved. We've already seen some of the most rogue hacking elements in China come from practically autonomous military units. Perhaps the Russian government is padding its coffers with a bit of illicit hacking? 
Page 1 / 2   >   >>


COVID-19: Latest Security News & Commentary
Dark Reading Staff 6/5/2020
How AI and Automation Can Help Bridge the Cybersecurity Talent Gap
Peter Barker, Chief Product Officer at ForgeRock,  6/1/2020
Cybersecurity Spending Hits 'Temporary Pause' Amid Pandemic
Kelly Jackson Higgins, Executive Editor at Dark Reading,  6/2/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: What? IT said I needed virus protection!
Current Issue
How Cybersecurity Incident Response Programs Work (and Why Some Don't)
This Tech Digest takes a look at the vital role cybersecurity incident response (IR) plays in managing cyber-risk within organizations. Download the Tech Digest today to find out how well-planned IR programs can detect intrusions, contain breaches, and help an organization restore normal operations.
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-4229
PUBLISHED: 2020-06-05
IBM Worklight/MobileFoundation 8.0.0.0 does not properly invalidate session cookies when a user logs out of a session, which could allow another user to gain unauthorized access to a user's session. IBM X-Force ID: 175211.
CVE-2020-4448
PUBLISHED: 2020-06-05
IBM WebSphere Application Server Network Deployment 7.0, 8.0, 8.5, and 9.0 could allow a remote attacker to execute arbitrary code on the system with a specially-crafted sequence of serialized objects from untrusted sources. IBM X-Force ID: 181228.
CVE-2020-4449
PUBLISHED: 2020-06-05
IBM WebSphere Application Server 7.0, 8.0, 8.5, and 9.0 traditional could allow a remote attacker to obtain sensitive information with a specially-crafted sequence of serialized objects. IBM X-Force ID: 181230.
CVE-2020-4450
PUBLISHED: 2020-06-05
IBM WebSphere Application Server 8.5 and 9.0 traditional could allow a remote attacker to execute arbitrary code on the system with a specially-crafted sequence of serialized objects. IBM X-Force ID: 181231.
CVE-2020-8103
PUBLISHED: 2020-06-05
A vulnerability in the improper handling of symbolic links in Bitdefender Antivirus Free can allow an unprivileged user to substitute a quarantined file, and restore it to a privileged location. This issue affects Bitdefender Antivirus Free versions prior to 1.0.17.178.