The U.S. government could be a year away from allowing citizens to use the same authentication credentials to get services from multiple departments and agencies, says Jeremy Grant, who oversees the National Strategy for Trusted Identities in Cyberspace.
The White House cybersecurity coordinator says his comment about his lack of tech expertise being an asset, widely criticized in the blogosphere, was an awkward attempt to express his view that a wide range of skills are needed in the cybersecurity field.
Malware known as "Mayhem" that targets Unix and Linux systems has been updated to exploit Shellshock flaws, security experts warn. But with few Unix-flavor systems running anti-virus software, how can it be stopped?
Malware-wielding attackers have compromised 800,000 online banking credentials, mainly for customers of the five largest U.S. financial services firms, a new study warns. But they may also be preparing for APT attacks against financial institutions.
Criminals have infected at least 50 ATMs in Eastern Europe, including Russia, with malware, dispensing millions of dollars in cash directly to money mules. Interpol warns such attacks could spread worldwide.
Nearly two weeks since news of Shellshock broke, attacks that are taking advantage of the Bash vulnerabilities are grabbing headlines. But Michael Smith of Akamai warns that the battle against hackers capitalizing on Shellshock could go on for years.
An important lesson to learn from the massive JPMorgan Chase breach is that banks can't just focus on protecting card data and online banking accounts; they also must protect their customers' personally identifiable information.
The development of authentication technologies that could replace the password is "nearing a tipping point," but there's still several years of work to do, says Jeremy Grant, who oversees the National Strategy for Trusted Identities in Cyberspace.
As researchers scramble to learn more about Shellshock and the risks it poses to operating systems, servers and devices, Michael Smith of Akamai explains why not all patches are actually fixing the problem.
Banking institutions must mitigate all Shellshock vulnerabilities in their internal and customer-facing banking systems. Experts recommend beginning with automated and manual Bash-bug scanning, as well as educating customers about the risks.
The automated version of the IT risk management and governance framework should save project leaders 30 to 60 hours of work over a manual process of building a secure IT system, ISACA President Robert Stroud says.
As news of the Shellshock bug continues to spread, CISOs in all sectors are taking steps to mitigate the risks posed by the vulnerability. Likewise, regulators and industry groups have ramped up dissemination of alerts.
Attackers have exploited the Shellshock vulnerability - a.k.a. Bash bug - to infect at least 700 Linux systems with malware that includes the ability to launch DDoS attacks. Users of Unix systems are vulnerable.