Malware Attacks on Polish Banks Linked to Lazarus Group
BadCyber reported earlier this month that the systems of
several Polish banks had been
infected with a new piece of malware. The attackers hijacked the website of the
Polish Financial Supervision Authority (knf.gov.pl) and abused it to deliver
malware to its visitors.
While there is no evidence that money has been stolen from
banks or their customers, some of the organizations whose systems have been
infected have noticed large outgoing data transfers.
… Several high
profile attacks have been attributed to the Lazarus Group, including the 2014 attack
on Sony, and the Dark
Seoul and Operation
Troy campaigns. The actor has
targeted government, military, media, aerospace, financial and manufacturing
organizations primarily in South Korea and the United States.
Researchers
also discovered links between Lazarus and an attack on a bank in the
Philippines believed to have been carried out by the same cybercriminals that stole
$81 million from Bangladesh’s Central Bank.
“Welcome home, comrade citizen. E-Papers please.”
A US-born NASA scientist was detained at the border until he
unlocked his phone
Bikkannavar says he was detained by US Customs and Border
Patrol and pressured to give the CBP agents his phone and access PIN. Since the phone was issued by NASA, it may
have contained sensitive material that wasn’t supposed to be shared. Bikkannavar’s phone was returned to him after
it was searched by CBP, but he doesn’t know exactly what information officials
might have taken from the device.
… The officer also
presented Bikkannavar with a document titled “Inspection of Electronic Devices”
and explained that CBP had authority to search his phone. Bikkannavar did not want to hand over the
device, because it was given to him by JPL and is technically NASA property. He even showed the officer the JPL barcode on
the back of phone. Nonetheless, CBP
asked for the phone and the access PIN. “I
was cautiously telling him I wasn’t allowed to give it out, because I didn’t
want to seem like I was not cooperating,” says Bikkannavar. “I told him I’m not really allowed to give the
passcode; I have to protect access. But he
insisted they had the authority to search it.”
… “In each
incident that I’ve seen, the subjects have been shown a Blue Paper that says
CBP has legal authority to search phones at the border, which gives them the
impression that they’re obligated to unlock the phone, which isn’t true,”
Hassan Shibly, chief executive director of CAIR Florida, told The Verge.
“They’re not obligated to unlock the
phone.”
Nevertheless, Bikkannavar was not allowed to
leave until he gave CBP his PIN.
… Eventually, the
phone was returned to Bikkannavar, though he’s not sure what happened during
the time it was in the officer’s possession. When it was returned he immediately turned it
off because he knew he had to take it straight to the IT department at JPL. Once he arrived in Los Angeles, he went to
NASA and told his superiors what had happened. Bikkannavar can’t comment on what may or may
not have been on the phone, but he says the cybersecurity team at JPL was not
happy about the breach. Bikkannavar had
his phone on hand while he was traveling in case there was a problem at work
that needed his attention, but NASA employees are obligated to protect
work-related information, no matter how minuscule. We reached out to JPL for comment, but the
center didn’t comment on the event directly.
(Related)
Man jailed 16 months, and counting, for refusing to decrypt
hard drives
He’s not charged with a crime. US judge demands he help prosecutors build
their case.
Fancy AI stuff. Would they solve the ‘student dilemma?’ (Do what I say or flunk!)
Google's DeepMind puts AI agents in Prisoner's Dilemma to see
if they fight or cooperate
DeepMind, the Alphabet owned subsidiary working of Google’s
ambitious artificial intelligence projects, recently published a new study, which explores how AI agents handle
situations involving social dilemmas. To
describe the phenomenon, researchers at DeepMind refer to the age-old game of Prisoner’s
Dilemma.
The world, she is a-changing.
FedEx takes on Amazon with the new FedEx Fulfillment program
For the last several months, when we’ve mentioned Amazon
and FedEx in the same sentence, it’s been to report on how the online retail
company has been encroaching upon the shipment firm’s space. After all, Amazon now has its own fleet of
airplanes, ships, and more. But now the
tables are making a bit of a turn. Earlier
this week, FedEx announced the launch of FedEx Fulfillment, a new network geared
towards small and medium-sized businesses that will allow them to store their
goods at FedEx warehouses across the United States and Canada. The global shipment company then sends
packages off to their final destinations when customers place orders.
The economics of minimum wage?
http://www.bespacific.com/minimum-wage-and-corporate-policy/
Minimum Wage and Corporate Policy
by on
Gustafson, Matthew and Kotter, Jason D., Minimum Wage and
Corporate Policy (January 2017). Available
for download at SSRN: https://ssrn.com/abstract=2914598
“We provide evidence that minimum wage changes
significantly affect the investment and financing policies of labor intensive
public firms.
… Difference-in-differences
estimates indicate that labor intensive firms in bound state-years respond to
federal minimum wage increases by quickly and significantly reducing both
investment and leverage, relative to similar labor intensive firms in other
states.
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