Data Security News Headlines 5th July 2017

  1. Teen Charged for Selling Malware used in DDoS Attacks

An 18-year-old teenager named Jack Chappell was charged by West Midlands for selling malware to attackers over the web which could potentially send Denial-of-Service (DDoS) attacks to systems of large corporations. According to news published by hackRead, the malware that Chappell sold was used to launch DDoS attacks on PCs of some of the largest corporations in the UK, including T-Mobile, EE, Vodafone, O2, BBC, BT, Amazon, Netflix, Virgin Media and the National Crime Agency. The teenager has not only been charged for misusing computers under the Computer Misuse Act but has also been charged for money laundering and assisting others in cybercrime. In this regard, further investigation is going on.

Cyber security Tips: To prevent from malware attack use updated antivirus in your systems, keep your systems up-to-date, never click on links, avoid opening spam mails and regularly backup your data.

  1. Hackers Steal Billions in S.Korean

Bithumb, one of the largest Bitcoin and Ether exchange platforms, has been hacked resulting in a loss of billions of South Korean Won with a number of user accounts compromised. Bithumb is the fourth largest bitcoin exchange platform in the world after U.S, China, and Japan and is the largest exchange for the ether market globally.  According to the Bravenewcoin, information such as users’ phone numbers, email addresses, etc. has been leaked. Bithumb says that only a single person’s computer was hacked and not the entire network. It says that the loss of funds is the result of using disposable passwords to conduct digital transactions online. The Bitthumb said that it is might be a phishing call attack. The hackers have been calling the victims and saying that they are from Bithumb and suspect a breach has taken place. They then ask for the victim’s identification number which is nothing but the one-time password provided to them by Bithumb.

Cyber security Tips: Bitthumb users are strongly recommended to reset their account with strong one and keep watch on your account.

  1. 13GB Data of Automobile Insurance Giant AA Exposed Online

A couple of days ago reports came in that The Automobile Association (The AA), a British motoring association suffered a massive data breach. As a result, 13GB of its highly sensitive customer and financial data was exposed online. Though AA denied that the leaked data contained any sensitive information but Scott Helme, a cyber-security researcher who discovered the data online disclosed that an unprotected AA server contained personal and sensitive information of more than 100,000 customers including names, email addresses, and payment card numbers. The whole process took place between 22 April to 25 April 2017. After the data breach the team made contact with BBC, with his analysis revealing that he found 117,000 unique email addresses of The AA customers along with their names, IP addresses, credit card types, final four digits of the card and their expiry date.

Cyber Security Tips: Automobile Association users are strongly recommended to reset their passwords, keep monitoring your banking account,  to prevent from data breach avoid to use same emails and password for different accounts, keep a backup of your data, keep changing your password, implement data leak prevention and use reputed security suits.

 

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