Hacker Steals $7 Million in Ethereum From CoinDash
An actor managed to hack the CoinDash official website
during the company's ICO (Initial Coin Offering) and diverted over $7 million
worth of Ethereum by replacing the official wallet address with their own.
The incident took place on Monday, just minutes after the
company launched its ICO in an attempt to raise funds in the form of Ethereum
crypto-currency. Similar to an (IPO)
Initial Public Offering, an ICO happens when a company is looking to gather
funds and issue tokens in return.
According to CoinDash, the hacker managed to take over the official website only three minutes
after the ICO started. They
replaced the official Ethereum wallet address with their own, which resulted in
people sending over $7 million to the fradulent address.
How do you get the attention of someone who gives a
damn?
Myspace let you hijack any account just by knowing the
person’s birthday
If you haven’t deleted your decade-plus old Myspace account
yet, now may be the time to do it. As it
turns out, it’s been embarrassingly easy for someone to break into and steal
any account on the site.
Security researcher Leigh-Anne Galloway posted details of the flaw on
her blog this morning after
months of trying to get Myspace to fix it — and hearing nothing back
from the company. Only today, after the
issue became widely publicized, did Myspace finally remove the flaw.
Security incidents can be expensive. FedEx bought TNT last year and apparently did
not fully upgrade their systems. That
might have kept the virus out.
FedEx says cyber attack to hurt full-year results
Package delivery company FedEx Corp (FDX.N)
said a disruption in services in its TNT Express unit following a cyber attack
last month would hurt its full-year results.
FedEx's shares fell as much as 3.4 percent
to $211.53 in early trading as the company said the financial impact of the
disruption on its results was likely to be "material".
The Netherlands-based TNT Express is still
experiencing widespread service delays following the attack, caused by the Petya cyber virus that spread
through a Ukrainian tax software product, FedEx said.
FedEx said it lost revenue due to
decreased volumes at TNT Express and incurred incremental costs from
contingency plans and remediation of affected systems.
The company said it did not have an
insurance in place that covered the impact from the cyber attack.
If this was the Russians, they are much worse at hacking
than I thought. Note that success would
not change a single vote, but it might allow them to register a few million new
voters for the next election.
Nearly 150,000 attempts to hack SC voter registration system
on Election Day: report
Hackers tried to infiltrate South Carolina’s voter
registration system nearly 150,000 times on Election Day 2016, according
to a South Carolina State Election Commission report detailed
in The Wall Street Journal.
South Carolina, which President Trump won by a wide margin
during the election, did not find evidence that would suggest the attempted
breaches were successful, the paper reported.
(Related). Looks
like everyone is trying to manipulate someone via social media.
Paper – Troops, Trolls and Troublemakers: A Global Inventory
of Organized Social Media Manipulation
by on
Samantha Bradshaw & Philip N. Howard, Troops, Trolls and Troublemakers: A
Global Inventory of Organized Social Media Manipulation. Samuel Woolley and
Philip N. Howard, Eds. Working Paper 2017.12. Oxford, UK: Project on Computational Propaganda. comprop.oii.ox.ac.uk
http://comprop.oii.ox.ac.uk/. 37 pp.
“Cyber troops are government, military or political party
teams committed to manipulating public opinion over social media. In this working paper, we report on specific
organizations created, often with public money, to help define and manage what
is in the best interest of the public. We compare such organizations across 28
countries, and inventory them according to the kinds of messages, valences and
communication strategies used. We
catalogue their organizational forms and evaluate their capacities in terms of
budgets and staffing. This working paper
summarizes the findings of the first comprehensive inventory of the major
organizations behind social media manipulation. We find
that cyber troops are a pervasive and global phenomenon. Many different countries employ significant
numbers of people and resources to manage and manipulate public opinion online,
sometimes targeting domestic audiences and sometimes targeting foreign publics.
The earliest reports of organized social
media manipulation emerged in 2010, and by 2017 there are details on such
organizations in 28 countries. Looking
across the 28 countries, every
authoritarian regime has social media campaigns targeting their own
populations, while only a few of them target foreign publics. In contrast, almost every democracy in this sample has organized social media
campaigns that target foreign publics, while political-party-supported
campaigns target domestic voters. Authoritarian
regimes are not the only or even the best at organized social media
manipulation. The earliest reports of
government involvement in nudging public opinion involve democracies, and new
innovations in political communication technologies often come from political
parties and arise during high-profile elections. Over time, the primary mode for organizing
cyber troops has gone from involving military units that experiment with
manipulating public opinion over social media networks to strategic
communication firms that take contracts from governments for social media
campaigns.”
Hacking is hot (even if misunderstood) in Washington.
Intel, Defense Bills Amended to Include Russian Hacking
Intelligence and defense
policy legislation passed last week shows that the United States government is
increasingly concerned about cyberattacks, particularly attacks coming from
Russia.
The National
Defense Authorization Act (NDAA), which the House of Representatives
passed on Friday, specifies the budget and expenditures of the U.S. Department
of Defense (DoD).
The list of amendments for
the fiscal year 2018 includes several issues related to cyber capabilities. One of the adopted amendments requires the DoD
to update its cyber strategy, to require the president to create a strategy for
using offensive cyber capabilities, and providing technical assistance to NATO
members.
… The Intelligence
Authorization Act for Fiscal Year 2018, which the House Permanent
Select Committee on Intelligence unanimously advanced on Thursday, also
references Russia.
The Intelligence Authorization Act, which authorizes
funding for the U.S. intelligence community, requires the Director of National
Intelligence to submit a report assessing the most significant Russian
influence campaigns aimed at foreign elections.
Without specifically naming Russia, the bill also requires
an unclassified advisory report on foreign counterintelligence and
cybersecurity threats to federal election campaigns. This comes after the U.S. officially
accused Russia of attempting to interfere with last year’s
presidential election.
Secret is good?
Federal court rejects challenge to national security data
requests
The Federal 9th Circuit Court of Appeals ruled Monday that
gag orders issued with warrant-like national security letters do not violate
the First Amendment.
National security letters serve the same functions as a
warrant but do not require judicial oversight.
The FBI is keeping us safe!
Consumer Notice: Internet-Connected Toys Could Present
Privacy and Contact Concerns for Children
The FBI
encourages consumers to consider cyber security prior to introducing smart,
interactive, internet-connected toys into their homes or trusted environments. Smart toys and entertainment devices for
children are increasingly incorporating technologies that learn and tailor
their behaviors based on user interactions. These toys typically contain sensors,
microphones, cameras, data storage components, and other multimedia
capabilities – including speech recognition and GPS options. These features could put the privacy and
safety of children at risk due to the large amount of personal information that
may be unwittingly disclosed.
Interesting discussion.
Video: The Impact of Machine Learning on Work Is Bigger Than
You Think
Despite much hype about artificial intelligence, we’re
actually underestimating what’s coming, said MIT researcher Andrew McAfee in a
fireside chat with his long-time MIT collaborator, Erik Brynjolfsson. This discussion,
moderated by former MIT Technology Review editor in chief Jason Pontin, offers
insights about the impact of technology-based innovations on business and
society from two of the most influential thinkers in this area.
No doubt some will claim this is a monopoly crushing the
competition. On the other hand, must
Amazon stay out of markets just because they are large?
Amazon tanks Blue Apron’s stock with one trademark filing
Blue Apron shares fell as much as 12 percent Monday
following an ominous sign that Amazon is preparing a move into its niche market
for meal-kit deliveries.
On July 6, about a week after Blue Apron priced its IPO,
Amazon applied
to register a trademark with the U.S. Patent and Trademark Office for the
slogan “We do the prep. You be the
chef.” The phrase could be a stand-in slogan for Blue Apron, which has registered
“A better way to cook.”
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