Network World

GameOver ZeuS criminals spied on Turkey, Georgia, Ukraine and OPEC

The criminals behind the GameOver ZeuS Botnet didn’t just steal $100 million from banks — they also spied on several countries on behalf of Russia, according to a Black Hat presentation Wednesday by an FBI agent and two other security experts.

These countries included Ukraine, Turkey, Georgia, and OPEC members, according to FBI special agent Elliott Peterson.

The gang, which called itself Business Club, had two leaders, one of whom was Evgeniy Bogachev who is still uncaught. The FBI is offering a $3 million reward for information leading to Bogachev’s arrest.

[ Follow all the stories out of Black Hat 2015 ]

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T-Mobile caught in crossfire of injected ad war with Flash Networks

LAS VEGAS – An ongoing conflict between website owners and ad injectors who place unwanted ads on those websites has just flared up into full-blown war, with advertisers and carriers caught in the crossfire.

Take, for example, T-Mobile, which is proudly named as a customer by Flash Networks, a company that brags about creating “new monetization opportunities” for mobile operators when it “inserts the most relevant engagement display into the selected webpages.”

This seems to have been a surprise to T-Mobile. Cynthia Lee, the company’s senior digital media manager, adamantly denied that T-Mobile was using Flash Networks to inject ads into webpages it was serving up to mobile customers.

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Neiman Marcus case a reminder to check your cyber coverage

In a decision that should send major corporations to double-check their cyberinsurance, a federal appeals court ruled Monday that retail customers could go ahead and file a class-action lawsuit against Neiman Marcus in the wake of last year’s data breach.

Previously, such cases were dismissed because the customers hadn’t suffered any actual damages.

In the decision, the judges ruled that breach posed a substantial risk of harm to the customers.

“Why else would hackers break into a store’s database and steal consumers’ private information?” they said.

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Neiman Marcus case a reminder to check your cyber coverage

In a decision that should send major corporations to double-check their cyberinsurance, a federal appeals court ruled Monday that retail customers could go ahead and file a class-action lawsuit against Neiman Marcus in the wake of last year’s data breach.

Previously, such cases were dismissed because the customers hadn’t suffered any actual damages.

In the decision, the judges ruled that breach posed a substantial risk of harm to the customers.

“Why else would hackers break into a store’s database and steal consumers’ private information?” they said.

To read this article in full or to leave a comment, please click here

Neiman Marcus case a reminder to check your cyber coverage Read More »