Exploit This

Security News, Exploits, and Vulnerabilities.

Ne’er-Do-Well News and Cyber Justice

Way back in the last millennium when I was a lowly copy aide at The Washington Post, I pitched the Metro Section editor on an idea for new column: “And the Good News Is…” The editor laughed me out of her office. But I still think it’s a decent idea — particularly in the context of cybersecurity — to periodically highlight the good news when people allegedly responsible for spewing so much badness online are made to face justice.

FBI: $2.3 Billion Lost to CEO Email Scams

The U.S. Federal Bureau of Investigation (FBI) this week warned about a “dramatic” increase in so-called “CEO fraud,” e-mail scams in which the attacker spoofs a message from the boss and tricks someone at the organization into wiring funds to the fraudsters. The FBI estimates that these scams have cost organizations more than $2.3 billion in losses over the past three years.

Tech Firm Ubiquiti Suffers $46M Cyberheist

Networking firm Ubiquiti Networks Inc. disclosed this week that cyber thieves recently stole $46.7 million using an increasingly common scam in which crooks spoof communications from executives at the victim firm in a bid to initiate unauthorized international wire transfers.

Crooks Use Hacked Routers to Aid Cyberheists

Cybercriminals have long relied on compromised Web sites to host malicious software for use in drive-by download attacks, but at least one crime gang is taking it a step further: New research shows that crooks spreading the Dyre malware for use in cyberheists are leveraging hacked wireless routers to deliver their password-stealing crimeware.

The Great Bank Heist, or Death by 1,000 Cuts?

I received a number of media requests and emails from readers over the weekend to comment on a front-page New York Times story about an organized gang of cybercriminals pulling off “one of the largest bank heists ever.” Turns out, I reported on this gang’s activities in December 2014, although my story ran minus many of the superlatives in the Times piece.

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