New EU Privacy Law May Weaken Security

Companies around the globe are scrambling to comply with new European privacy regulations that take effect a little more than three months from now. But many security experts are worried that the changes being ushered in by the rush to adhere to the law may make it more difficult to track down cybercriminals and less likely that organizations will be willing to share data about new online threats. On May 25, 2018, the General Data Protection Regulation (GDPR) takes effect. The law, enacted by the European Parliament, requires technology companies to get affirmative consent for any information they collect on people within the European Union. Organizations that violate the GDPR could face fines of up to four percent of global annual revenues.
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Microsoft Patch Tuesday, February 2018 Edition

Microsoft today released a bevy of security updates to tackle more than 50 serious weaknesses in Windows, Internet Explorer/Edge, Microsoft Office and Adobe Flash Player, among other products. A good number of the patches issued today ship with Microsoft's "critical" rating, meaning the problems they fix could be exploited remotely by miscreants or malware to seize complete control over vulnerable systems -- with little or no help from users.
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Domain Theft Strands Thousands of Web Sites

Newtek Business Services Corp. , a Web services conglomerate that operates more than 100,000 business Web sites and some 40,000 managed technology accounts, had several of its core domain names stolen over the weekend. The theft shut off email and stranded Web sites for many of Newtek's customers. An email blast Newtek sent to customers late Saturday evening made no mention of a breach or incident, saying only that the company was changing domains due to "increased" security. A copy of that message can be read here (PDF). In reality, three of their core domains were hijacked by a Vietnamese hacker, who replaced the login page many Newtek customers used to remotely manage their Web sites (webcontrolcentercom) with a live Web chat service. As a result, Newtek customers seeking answers to why their Web sites no longer resolved correctly ended up chatting with the hijacker instead.
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U.S. Arrests 13, Charges 36 in ‘Infraud’ Cybercrime Forum Bust

The U.S. Justice Department announced charges on Wednesday against three dozen individuals thought to be key members of 'Infraud," a long-running cybercrime forum that federal prosecutors say cost consumers more than a half billion dollars. In conjunction with the forum takedown, 13 alleged Infraud members from the United States and six other countries were arrested. Started in October 2010, Infraud was short for "In Fraud We Trust," and collectively the forum referred to itself as the "Ministry of Fraudulently Affairs." As a mostly English-language fraud forum, Infraud attracted nearly 11,000 members from around the globe who sold, traded and bought everything from stolen identities and credit card accounts to ATM skimmers, botnet hosting and malicious software.
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Alleged Spam Kingpin ‘Severa’ Extradited to US

Peter Yuryevich Levashov, a 37-year-old Russian computer programmer thought to be one of the world's most notorious spam kingpins, has been extradited to the United States to face federal hacking and spamming charges. Levashov, who allegedly went by the hacker name "Peter Severa," or "Peter of the North," hails from St. Petersburg in northern Russia, but he was arrested last year while in Barcelona, Spain with his family. Authorities have long suspected he is the cybercriminal behind the once powerful spam botnet known as Waledac (a.k.a. "Kelihos"), a now-defunct malware strain responsible for sending more than 1.5 billion spam, phishing and malware attacks each day.
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Attackers Exploiting Unpatched Flaw in Flash

Adobe warned on Thursday that attackers are exploiting a previously unknown security hole in its Flash Player software to break into Microsoft Windows computers. Adobe said it plans to issue a fix for the flaw in the next few days, but now might be a good time to check your exposure to this still-ubiquitous program and harden your defenses. Adobe said a critical vulnerability (CVE-2018-4878) exists in Adobe Flash Player 28.0.0.137 and earlier versions. Successful exploitation could potentially allow an attacker to take control of the affected system.
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Drug Charges Tripped Up Suspects In First Known ATM “Jackpotting” Attacks in the US

On Jan. 27, 2018, KrebsOnSecurity published what this author thought a scoop about the first known incidence of U.S. ATMs being hit with "jackpotting" attacks, a crime in which thieves deploy malware that forces cash machines to spit out money like a loose Las Vegas slot machine. As it happens, the first known jackpotting attacks in the United States were reported in November 2017 by local media on the west coast, although the reporters in those cases seem to have completely buried the lede.
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File Your Taxes Before Scammers Do It For You

Today, Jan. 29, is officially the first day of the 2018 tax-filing season, also known as the day that fraudsters start requesting phony tax refunds in the names of identity theft victims. Want to minimize the chances of getting hit by tax refund fraud this year? File your taxes before the bad guys can! Tax refund fraud affects hundreds of thousands, if not millions, of U.S. citizens annually. Victims usually first learn of the crime after having their returns rejected because scammers beat them to it. Even those who are not required to file a return can be victims of refund fraud, as can those who are not actually due a refund from the IRS.
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First ‘Jackpotting’ Attacks Hit U.S. ATMs

ATM "jackpotting" -- a sophisticated crime in which thieves install malicious software and/or hardware at ATMs that forces the machines to spit out huge volumes of cash on demand -- has long been a threat for banks in Europe and Asia, yet these attacks somehow have eluded U.S. ATM operators. But all that changed this week after the U.S. Secret Service quietly began warning financial institutions that jackpotting attacks have now been spotted targeting cash machines here in the United States.
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