Top CyberSecurity News for 17th May 2016

  1. Malware attacks on two banks have links with 2014 Sony Pictures hackFrom CSO Online.  Bangladesh Bank, a commercial bank in Vietnam and Sony Pictures are the unlikely bedfellows in a tale of cyber intrigue uncovered by security researchers at BAE Systems. Researchers Sergei Shevchenko and Adrian Nish have found some links between malware involved in the 2014 attack on Sony Pictures and attacks on two banks involving the theft of credentials for the SWIFT financial transfer network.
  2. How Israel is turning part of the Negev Desert into a cyber-cityFrom Washington Post.  Here in the middle of the Negev Desert, a cyber-city is rising to cement Israel’s place as a major digital power. The new development, an outcropping of glass and steel, will concentrate some of the country’s top talent from the military, academia and business in an area of just a few square miles. No other country is so purposefully integrating its private, scholarly, government and military ­cyber-expertise.
  3. Vietnam bank says interrupted cyber heist using SWIFT messagingFrom Reuters. Vietnam’s Tien Phong Bank said that it interrupted an attempted cyber heist that involved the use of fraudulent SWIFT messages, the same technique at the heart of February’s massive theft from the Bangladesh central bank. Hanoi-based TPBank said in a statement late on Sunday in response to inquiries from Reuters that in the fourth quarter of last year it identified suspicious requests through fraudulent SWIFT messages to transfer more than 1 million euros ($1.1 million) of funds.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s