Cyber Security Update: Malware on Google and Amazon, Dropbox hack, Apple gets Pegasus and much more!

Safenetting

User Group Network UGN Safenetting and cyber world report We have a mixed bag of cyber news to kick off September — most disturbing is both Google and Amazon are involved in wide-spread malware distribution and don’t seem to be taking any action. Both reject malware and/or spam reports. That’s disturbing. Cybercriminals are using Amazon cloud hosting to house the malware files. But there’s other news…

  • New malware discovered in Play Store apps, could pose a threat for corporate users
  • Report: Social Media a Top Cybersecurity Challenge in the Workplace
  • Have passwords become inadequate for the cyber security industry?
  • Recent Thai ATM Robbery with Potentially Sophisticated Malware
  • 18 years of Googling: Malware can still be just one click away
  • Tech Savvy Kids Could Bring Malware Back Home From Public WiFi
  • The Dropbox hack puts cybersecurity ETFs squarely in focus
  • Malware targeting Nokia devices rising fast, company warns
  • Apple Releases Patch Fix For “Pegasus” OS X Malware
  • Transmission hijacked to broadcast Mac malware
  • FTC v. Wyndham and corporate cybersecurity

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The Dropbox hack puts cybersecurity ETFs squarely in focus

The recent announcement from Dropbox Inc. that millions of its users had their login information compromised in a 2012 hack was the latest reminder of the vulnerabilities that exist online and the need to take protective measures.
      But while people may be confused about how to safeguard themselves against the wave of such attacks, the hack highlights the merits of owning a fund that has blossomed as cybersecurity issues have increasingly become a flashpoint.
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FTC v. Wyndham and corporate cybersecurity

The case of FTC v. Wyndham is one of the most important security and privacy cases decided in the last 10 years.
      The case affirms several important principles governing data security, and it is a must-read for business executives and attorneys. First, it cements the FTC’s authority to act as the nation’s privacy and security watchdog. Second, it identified a laundry list of privacy and security missteps. Third, it stands for the proposition that if a company was not on notice that it has to meet certain privacy and security standards, even if they are not readily and specifically ascertainable, it is now.
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malware on Google and New malware discovered in Play Store apps, could pose a threat for corporate users

Downloading apps from the official app stores is always the best way to go about the ordeal. Users can generally rest assured that the software has been checked for any malicious content and is safe for their devices. On the flip side, downloading apps from 3rd party sources is always considered much riskier
      However, there are those rare moments, when a malware makes it to an official store, riding on the back of seemingly innocent apps and games.
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Report: Social Media a Top Cybersecurity Challenge in the Workplace

Safe social media use is the top cybersecurity challenge for employees, according to the latest report from Wombat Security Technologies on security awareness issues in enterprise organizations.
      The 2016 Beyond the Phish Report evaluated two years of assessment data from Wombat’s Security Education Platform and surveyed hundreds of security professionals to find out how well end users are able to identify and manage security threats. The data came from a variety of sectors, including finance, technology, healthcare and education.
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Have passwords become inadequate for the cyber security industry?

If organisations could react with an automated defence and take control of privileged account management, it would greatly reduce the attacker’s surface for compromise
      IT security has been built around one simple thing: the password. However with the rise and innovation of cybercrime, the common password no longer stands a chance.
get this valuable collectable Nicholas Ismail ~ www.information-age.com


Malware targeting Nokia devices rising fast, company warns

Still want a Google device? The number of malware hitting Nokia is rising fast, according to the company’s new report. Its bi-annual Threat Intelligence Lab report says that during the first half of this year, there has been a 96 per cent increase in malware. April 2016 has set a new record – one in every 120 smartphones was found infected during this time.
      The report is based on more than 100 million mobile devices all over the planet. Google’s Android operating system was the biggest target for malicious actors – 74 per cent of all malware infections happened on this OS.
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18 years of Googling: Malware can still be just one click away

How do you navigate through virtual reality? What is the first webpage you open when you are looking for something online? Where do you go to answer a ‘how to’ question most often? For the majority of users, the answer would be Google.
      It’s been 18 years since Stanford PhD students Larry Page and Sergey Brin founded their company and steered it to global dominance in the search engine universe, beating the next 14 largest competitors combined. However, with as many as 1.6 billion visitors each month, it is not only the biggest player in the game, but also one of the most interesting ways for cybercriminals to find future victims.
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Tech Savvy Kids Could Bring Malware Back Home From Public WiFi

What your kids do on their gadgets at school can have an effect on your devices at home.
      As kids head back to school, a majority of parents surveyed say their kids will spend more time on devices than last year, and AVG Security warns, kids are far more likely to jump on public networks and take other security risks.
get this valuable collectable Julie Watts — KPIX 5


Apple Releases Patch Fix For “Pegasus” OS X Malware

Apple no longer immune to malwre attacks — now released a patch fix for the “Pegasus” malware package for OS X devices that infected iOS devices initially, and later took on OS X systems.
      The vulnerability was seen on iOS at the release of iOS 9.3.2 last week, and security updates to OS X 10.10 Yosemite, OS X 10.11 El Capitan, and Safari were released on Thursday. The latest patches are an important install to protect against the malware package that allows cyber attackers to take control of a device running one of the aforementioned device in an instant with a click. A memory corruption flaw in the SafariKit is exploited by means of this malware package manages to unload the malware package in the event that the user clicks on a malicious link.
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Recent Thai ATM Robbery with Potentially Sophisticated Malware

An advanced malware program has been found which possibly one hackers’ gang employed for robbing ATMs (automatic teller machines) in Thailand off over $350,000.
      The malicious program named Ripper was put for a test by VirusTotal after being uploaded from certain IP address within the country shortly after which Thai media reported about computer attackers employing malware for pilfering 12.29m Baht out of 21 ATMs in Thailand.
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Transmission hijacked to broadcast Mac malware

Developers of the Transmission BitTorrent client have admitted that hackers replaced downloads of its file-sharing software with trojanised code.
      The hack, detected within hours, was designed to spread a Mac OS X backdoor, Keydnap, which steals user credentials. It’s unclear how many people were affected. The dodgy file was not made available through an auto-update.
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